How does the FTMO Challenge review process work for cryptocurrency traders?
Paul DAngelo JrDec 26, 2021 · 3 years ago1 answers
Can you explain in detail how the review process for the FTMO Challenge works for cryptocurrency traders? I'm interested in understanding the steps involved and what criteria are used to evaluate the traders.
1 answers
- Dec 26, 2021 · 3 years agoAs an expert in the field, I can tell you that the FTMO Challenge review process for cryptocurrency traders is a rigorous evaluation that aims to identify skilled and disciplined traders. The process involves multiple stages, starting with a demo account where traders can showcase their trading skills without risking real money. During this phase, traders are evaluated based on their ability to generate consistent profits and manage risk effectively. Traders who pass this initial stage move on to trading with a funded account, where their performance is closely monitored and evaluated. The evaluation criteria include factors such as profitability, risk management, and adherence to the challenge rules. Traders who demonstrate consistent profitability and good risk management skills throughout the challenge have a higher chance of passing the evaluation and being offered a trading position with FTMO or other related opportunities in the cryptocurrency trading industry.
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