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#2 Attempt Passing the FTMO Test Challenge -Using FX-Scalper-XXX EA-BOT(Part 3)The Downfall - Failed

   

#2 Attempt Passing the FTMO Test Challenge -Using FX-Scalper-XXX EA-BOT(Part 3)The Downfall - Failed
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*Disclaimer* past results are not indicative of future results. This is not financial education; this is for entertainment purposes only. I accept no responsibility in others choosing to replicate anything seen in this video. Only trade money you can afford to lose. Forex robots can be inconsistent, and it is always best to educate yourself and trade manually.

Welcome back, everyone!

We're 7 days into our #2nd Attempt at this Challenge.
I have some bad news for everyone.
We failed the Challenge, Monday afternoon after our Drawdown dipped past our Daily Drawdown Limit.

It was shortly after that near Midnight of Monday we failed the Max Drawdown limit as well. With our drawdown being over 2k.
(Limit is $500 Drawdown)

Remember we're using the FTMO-Swing Account which means we can hold Trades over the Weekend and Trade during all news events.
Our leverage is 1:30 but as you know from how the Challenge first started, it can do well. I believe we'll just need to change our Lot size to fix this Drawdown Problem.

As I've been saying in almost every video now. Is that it's not about passing it's about passing and then being consistent even when we're having drawdown days/weeks/month

This #2nd Attempt ends on the 26th and we'll be starting our #3rd Attempt right away.

(Be sure to leave a comment if you have any suggestions or ideas, this will eventually help all of you!)

0:00 Intro
0:10 Account Overview
2:06 Log on to FTMO-Account on VPS
7:44 Account Statistics
9:53 Things we can Change for next Challenge

Hope everyone liked this video,

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Take care

#forex #forexrobot #ftmo #daytrading #forextrading #ftmochallenge

 - FX EA