How many trading days are needed to meet the minimum requirement for FTMO in the digital currency trading?
Thành HồDec 26, 2021 · 3 years ago3 answers
In digital currency trading, what is the minimum requirement set by FTMO and how many trading days are needed to meet this requirement?
3 answers
- Dec 26, 2021 · 3 years agoThe minimum requirement set by FTMO in digital currency trading is to achieve a certain profit target within a specific time frame. The number of trading days needed to meet this requirement depends on various factors such as the initial capital, trading strategy, market conditions, and individual trading skills. It is important to note that there is no fixed number of trading days as it can vary from trader to trader. However, on average, it may take several weeks to a few months of consistent trading to meet the minimum requirement.
- Dec 26, 2021 · 3 years agoTo meet the minimum requirement for FTMO in digital currency trading, traders need to demonstrate their ability to consistently generate profits. The exact number of trading days required can vary depending on individual performance and market conditions. It is recommended to have a well-defined trading plan, risk management strategy, and a thorough understanding of the digital currency market. By following a disciplined approach and staying updated with market trends, traders can increase their chances of meeting the minimum requirement within a reasonable timeframe.
- Dec 26, 2021 · 3 years agoAccording to BYDFi, a digital currency trading platform, the minimum requirement set by FTMO can be met in approximately 30-60 trading days. However, this is just an estimate and the actual number of trading days required may vary based on individual trading performance and market conditions. It is important for traders to focus on developing a profitable trading strategy, managing risks effectively, and continuously improving their trading skills to meet the minimum requirement within a reasonable timeframe.
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