The RMI EA Pro is taking the $100k FTMO Challenge!
Required challenge rules
Most Proprietary firms have very strict rules. Although less, FTMO is no exception. The biggest hurdle will be achieving ther required +10% profit target in 30 days while keeping draw-down under -5%.
The RMI EA Pro has shown positive trading results on 6+ pairs over a 10+ year period. Yes, this is impressive but draw down did exceed -5% during that 10+ year period.
The "Manage_Account_Profit EA" that's included with the RMI EA Pro package helps refine the strategy to potentially lower draw-down during REAL trading.
Even if the RMI EA Pro fails the FTMO challenge by exceeding the required draw-down limit, it's possible it could retake the challenge again.
Lets see how this goes!
It should be fun for everybody to follow along!
We decided to intervene with the RMI EA Pro in attempt to push a higher profit (manually trading). It resulted in an unfortunate loss.
We knew there was a chance of this happening and it was a risk we were willing to take.
The FTMO Challenge was failed this time around.
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