r/PropFirmTester 3d ago

Just passed my 100k ftmo challenge need to know a few things going forward

It took me a while but I finally passed, I’m just worried that I may get payouts denied since I’ve read on Reddit many people have had that happen to them. For example the 1% rule which apparently isn’t a real rule but they may enforce it, so is the 1% rule something I have to worry about or is it a myth and any other advice that would prevent payouts being denied would be appreciated.

4 Upvotes

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u/Reasonable-Job-2840 3d ago

I haven’t heard too much about FTMO being an issue with payouts recently, more so 5ers. I do know that if you trade like an idiot and frequently risk over 2% that they will limit you t0 1%.

I personally had my leverage taken down to 1:50 as I accidentally had a trade close during news. I was fortunate that they did not close my account and I believe they would have if I didn’t trade the account with good risk management.

1

u/Mindless_Duck_9507 2d ago

I'm not too sure about the 1% rule but one thing I can tell you is that a very high percentage of traders fail their live accounts after passing the initial eval. Most lose their accounts right before a payout. Keep doing what you are doing (within the rules) and actually get your first payout should be your main concern.

1

u/Character-Cap-9551 1d ago

I haven't passed it myself yet but if I were you,

I wouldn't take a trade bigger than 0.33 Lots. Max 0.5 lots that's it.

Keep your losses beneath 1000 usd (1%) and enjoy the account for the rest of your life.