WHY DO TRADERS FAIL IN MOST TRADING FIRMS (FTMO, MY FOREX FUNDS AND SO MUCH MORE

#OPINIONLEADER# Most of the trading firms don't clear about their 1 to 2% daily loss that they keep collecting subscription fees for many traders who DON'T understand how things are being calculated, one thing you should understand about daily loss is (peak to the valley - this how they calculate your daily loss) this is a high risk than depositing your cash to a broker and trade it by your self, they don't care if a trade gonna end up in profit after a drawdown, that what's brings 98% of traders fail in this what they call challenges and these firms keep collecting/ making money in this style.. we all know markets are fluctuating so it very simple to lose, a single spike gonna take you out of the challenge

this is one example in NZDJPY last week trade that end ups in profit by the end of the week while FTMO records that my account has a loss while I have no loss in my account

The conclusion is that if you are looking to trade for a firm practice on a peak to the valley, not daily loss even position sizer doesn't work in this one or just deposit to a broker take it slow until you get there no need to rush you can use their parameters not in form of peak to the valley but a form of daily loss as it displays on their website to limit you and discipline you in your trading journey