I think it’ll eventually be lifted the more you post/longer you stick around. So many spammers around here I think it actually works out. 
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Im currently on FTMO challenge, sitting near breakeven and waiting on a reset to start again next week.
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I’m also looking at getting on the FTMO challenge in the new year. Be interested to see how people on the thread get on!
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@Paulscaff1 Hope you can end up with a nice funded account this time.
Can’t wait to read more about you and your journey so let us know!
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Hi @cashisking86
I’m gonna try with FTMO as well and I’m gonna keep this thread updated until I get my craved funded account.
Also can’t wait to read more about your journey.
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Update
Last Week of October 2020
Hello everybody,
I’d like to share with you the progress I’ve made in the last week of October.
Demo & Trading System
For the second week in a row, I managed to make profits. My account is up 8% for the week and 16% for the month (I started this demo account on October 20). I’ve added the link to Myfxbook to the thread.
So far my trading system seems to be working and I’m gathering every day more and more data that I can use to improve the system and create a final set of rules.
Remote Prop Trading Firms
I honestly feel confident enough to start trading with something more real since there are no emotions involved in demo trading. I’d like to apply for a remote trading firm as soon as possible and the best one I found is called FTMO.
They have an evaluation process that consists of a Challenge (earn 10% in 30 days) and a Verification (earn 5% in 60 days). I already paid the € 155 fee for a € 10.000 account and I have two weeks to start it by placing the first trade.
I was planning to start it tomorrow but I completely forgot about the huge unpredictable impact the US Elections may have on the markets. The week ahead has a busy economic calendar as well so I decided not to take the risk and continue demo trading. At least I can see the performance of my system in a high volatility market environment.
FTMO Demo Challenge
Last week I also started and completed the Free Trial of the FTMO Challenge. You have 14 days to earn 5%. I managed to complete it on Friday after 5 trading days using 0.5% risk per trade (the trades were the same I took on my demo account).
Stay in touch!
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Nice work mate, with those results you’ll destroy the challenge! 
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Appreciate it. I will be sure to get my own blog set up when I do!
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Update
First Week of November 2020
Hello everybody,
Here I’m again to share with you the progress I’ve made in the first week of November.
Demo Trading & Elections
For the third week in a row, I managed to make profits. My account is up 5.49% for the week, and I’ve only traded on Monday and half of Tuesday. You can follow my demo account on Myfxbook.
In the previous update, I said that I would have continued demo trading during the US Elections but from Tuesday on, the volatility was too high for my system. My results would have been pretty much random since I’ve started seeing huge wicks on my charts.
FTMO Challange
I was already prepared to start the FTMO Challenge last week, but of course, I didn’t.
Now that the elections are gone, I’m ready to start the € 10.000 Challenge.
I feel confident about it, and if I fail, no problem. I will try again and again and again.
Thank you for reading, and best wishes to everyone with your journey!
Stay in touch!
That’s more or less my journey too
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Update
Second Week of November 2020
Hello everybody,
Here I’m again to share with you the progress I’ve made during the second week of November.
FTMO Challange
I finally started the FTMO Challenge and so far… not very good results.
I’m currently down 4.34% therefore this is the first week my system doesn’t give positive results.
Well, it’s always the same story!
When there’s something at stake, the drawdown comes 
I can afford to lose more than 5% before I completely fail the challenge.
I’m gonna lower the risk to 0.5% per trade and be more conservative.
I have more than three more weeks to break even and get a second chance.
Backtesting
I’m also backtesting the system and the results are good overall. So far there’s a lot of difference from pair to pair but I’m gonna wait for more data before I start making adjustments to the strategy.
Thank you for reading, and best wishes to everyone with your journey!
Stay in touch!
Update
Third Week of November 2020
Hello everybody,
Here I’m again to share with you the progress I’ve made during the third week of November.
Failed FTMO Challange
I failed the FTMO Challenge, I went down -6% for the week and more than -10% in total on the challenge. My system stopped working and I think the reason is that the overall market was in a range.
Next Steps
- Continue demo trading
- Avoid sideways markets
- Consider other systems
Thank you for reading, and best wishes to everyone with your journey!
Stay in touch!
Hey SpongePip It is always the way but I think there have been some interesting threads on Babypips and other sites which examine why back testing and demo trading often yields good results only for live to fail. It’s not just psychology.
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Best of luck to your journey! From now on I will follow this thread, I am also building my way towards a funded account at either FTMO or Traders4Traders. I have a similar thread on Babypips since May, started out with 1,000 euro’s. It’s tough, but eventually it will pay off. Goodluck, looking forward to your updates!
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Update
Hello everybody,
I’m not dead and I didn’t give up on trading.
I’m not making money but I think I’m making progress.
It has been more than a month since I’ve failed the first FTMO challenge. I was pretty upset because the system went really well for three weeks. I was pretty confident about it and I had high expectations.
Meanwhile I’ve read Trading in the Zone by Mark Douglas. I already knew about many of the core principles of the book but there’s a big difference between knowing them and applying them. I think those high expectations I was talking about really influenced me and my trading performance.
After reading this book I wanted to switch from manual trading to a more mechanical and quantitative approach. No emotions, no subjectivity no room for discretional decisions.
In the last month I started getting into algorithmic trading on the cTrader platform. I spent a couple of weeks learning about C# using an app called SoloLearn. I’ve already studied C and Java in high school so C# wasn’t really hard to learn.
In the last two weeks I’ve joined a community all about algo trading and I’ve started developing my own algorithms.
I’m very, very, very happy about what I’ve done and learnt in the past month. I know for sure it will help me a lot on my journey towards getting funded. FTMO allows algo trading so I will be back very soon!
Thank you for reading, and best wishes to everyone with your journey!
Stay in touch!
Thank you for your reply. I will find and read all of them!
Thank you for your reply. I will follow your thread as well.
Good luck with your journey!
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I am wondering, why are you choosing to jump into an FTMO challenge right after forward testing your system for a couple of weeks? Wouldn’t it be more realistic if you first trade live on a small account for at least 12 months to see if your a skilled enough trader to manage up to 100,000$? I don’t want to insult you in any way, so please don’t take it personal, but I think you might have taken the FTMO challenge too soon. I hope you’ll smash the challenge someday! 
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Hi @Xirtam001
Yes it would have been more realistic, of course. But I’m a more risk friendly “trader” (at least a wannabe trader for now). I applied for a 10k account, not a 100k but it would have been almost the same. I knew the odds of passing the challenge weren’t in my favour and I accepted the risk. In the end, no risk, no reward, right?
Honestly I don’t enjoy trading on demo and I’m more than happy to have tried and failed than to have only traded on demo. It’s not the same thing when there’s something at stake… at least for me.
So yeah, I took the challenge too early but I would do the same again (and I will). Even though I will fail again, I’m happy about it 'cause it is another step forward on my journey.
I already bought another 10k FTMO Challenge (it was 10% off) and I can’t wait to start it and even fail it again (with a little unavoidable frustration along the way).
That’s how I see it and that’s how I hope I’m gonna make it someday. Trial & error.
“The most valuable thing you can make is a mistake, you can’t learn anything from being perfect.”
I wish you the best 2021 possible and can’t wait to see some progress with your journey as well!
Cheers
I get your point, very understandable and it’s not bad to take a shot at the challenge once in a while. But you are saying yourself the probabilities are not in your favour, so why do you think you can maintain a funded account after passing the challenge with the help of a little luck and some minor experience you have in the forex market.
It is indeed not the same when something is at stake, trading on a demo account does not represent real trading in a lot of ways. I definitely agree on that, but why are you not funding a relatively small live account, to practise and hone your skills, until the probabilities are actually in your favour of not only passing the challenge, but also maintaining the account. I think your skipping a very important step in your journey, just my two cents!