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Congratulations, Alan!
Happy to see your results! Keep it up!
One question, how come the Max loss is smaller than the Daily loss you had? 🙂
Hi Petko,
Good question! The max Daily loss is the max draw down during a trading session. When the daily draw down was getting close to the Daily loss limit I quite trading for the day so I wouldn’t go pass the max loss amount. On the next trading day the Daily loss is reset to zero so you again have a max daily drawdown limit of $500. Max Loss is the the max loss below the initial starting balance of the account.  Hope this helps!
Hey Alan,
Thanks for the clarification. 🙂 I passed a challenge myself and did my best to record a few videos about it. I will publish one tomorrow, I hope it helps, but it is for manual trading. I am working now on algorithmic trading, and I will surprise you with something shortly.
Here is the first video for Youtube:
The course is live on the website as well:
The part for the algorithmic trading will be added later.
Cheers,
Well Done Alan, that’s a great achievement.
Stick to your plan for the evaluation and it’s looking like you have a really good chance of landing the account. Keep us posted
Dear Petko,
I started going through your “The Complete FTMO Challenge Course: Get Funded Quickly” course. In the first or second lecture you mention that you have already discussed your 4 setups. However, I don’t seem to be able to find your 4 setups. Where are they located?
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