Skip to content
Home » News » My Experience With FTMO’s Aggressive vs Conservative Account

My Experience With FTMO’s Aggressive vs Conservative Account

    Quick Facts
    My FTMO Journey: Aggressive vs Conservative Accounts
    Frequently Asked Questions:
    My Personal Summary: Mastering FTMO’s Aggressive vs Conservative Account

    Quick Facts

    • Aggressive Account: Designed for experienced traders who can handle higher risk.
    • Conservative Account: Suitable for risk-averse traders who prioritize capital preservation and steady growth.
    • Scaling Plan: Aggressive accounts can scale up to 10 times the initial capital, while conservative accounts can scale up to 5 times.
    • Profit Split: Both account types offer a 20% profit split for traders who meet the profit targets.
    • Risk Management: Aggressive accounts have a higher risk tolerance, while conservative accounts have stricter risk management rules.
    • Loss Limits: Aggressive accounts have a daily loss limit of 10%, while conservative accounts have a daily loss limit of 5%.
    • Minimum Trading Period: Both account types require a minimum trading period of 30 days to qualify for funding.
    • Profit Targets: Aggressive accounts have higher profit targets (10%-20% per month), while conservative accounts have lower profit targets (5%-10% per month).
    • Account Size: Aggressive accounts can range from $25,000 to $200,000, while conservative accounts can range from $10,000 to $100,000.
    • Trader Evaluation: FTMO evaluates traders based on their performance, risk management, and trading strategy, regardless of account type.

    My FTMO Journey: Aggressive vs Conservative Accounts

    The Ultimate Showdown

    As a trader, I’ve always been fascinated by the concept of trading on a funded account. The thrill of trading with someone else’s money, the pressure of performing under scrutiny, and the promise of a lucrative reward all came together to create an irresistible challenge. That’s why I decided to take the leap and sign up for the FTMO challenge. But, as I delved deeper into the program, I was faced with a crucial decision: should I opt for an aggressive or conservative account?

    The Aggressive Account: A High-Risk, High-Reward Option

    The aggressive account is not for the faint of heart. With a maximum daily loss of 10% and a maximum total loss of 20%, the stakes are high. One bad trading day could mean the end of your FTMO journey. On the other hand, the potential rewards are tantalizing. With an aggressive account, you can earn up to 90% of the profits, making it an attractive option for confident traders.

    Pros of an Aggressive Account

    • Higher potential earnings
    • Greater freedom to take risks
    • Opportunity to trade with larger positions

    Cons of an Aggressive Account

    • Higher risk of account closure
    • Greater losses if trades don’t go as planned
    • Increased pressure to perform

      • My Experience with an Aggressive Account

      I decided to take the plunge and opted for an aggressive account. The first few days were exhilarating, with my trades performing well and my account balance growing steadily. But, as the days turned into weeks, I began to feel the pressure. One bad trade and my account was hovering precariously close to the maximum daily loss. I had to adjust my strategy on the fly, becoming more cautious and risk-averse.

      The Conservative Account: A Lower-Risk, Lower-Reward Option

      The conservative account is the opposite of its aggressive counterpart. With a maximum daily loss of 5% and a maximum total loss of 10%, the risks are significantly lower. However, the potential rewards are also lower, with profits capped at 80% of the earnings.

      Pros of a Conservative Account

      • Lower risk of account closure
      • Smaller losses if trades don’t go as planned
      • Less pressure to perform

      Cons of a Conservative Account

      • Lower potential earnings
      • Less freedom to take risks
      • Smaller position sizes

      After my experience with the aggressive account, I decided to try my hand at the conservative approach. The lower risk and reduced pressure were a welcome change. I was able to focus on my strategy without the constant fear of account closure looming over me. However, I soon realized that the lower earnings potential was a trade-off. My account balance grew at a slower pace, and I had to be content with smaller profits.

      Comparison of Aggressive vs Conservative Accounts

    Feature Aggressive Account Conservative Account
    Maximum Daily Loss 10% 5%
    Maximum Total Loss 20% 10%
    Potential Earnings Up to 90% Up to 80%
    Risk Level High Low
    Pressure to Perform High Low

    Lessons Learned

    My experience with both aggressive and conservative accounts has me the importance of understanding my own risk tolerance and style. As a trader, it’s crucial to be honest with yourself about your strengths and weaknesses. If you’re a risk-taker who thrives under pressure, an aggressive account might be the way to go. However, if you’re a more cautious trader who prioritizes stability, the conservative account is better choice.

    Recommendation

    If you’re new to the FTMO challenge, I recommend starting with a conservative account. This will allow you to get familiar with the platform and develop your trading skills without the added pressure of high stakes. Once you’ve honed your skills and confidence, you can consider switching to an aggressive account.

    Final Thoughts

    The FTMO challenge is a unique opportunity to test your skills, discipline, and risk tolerance. By understanding the differences between aggressive and conservative accounts, you can make informed decisions that set you up for success. Don’t be afraid to try new approaches, and always prioritize risk management and self-awareness.

    Frequently Asked Questions:

    Choosing the right account type is crucial for your trading with FTMO. Here are some frequently asked questions about Aggressive and Conservative accounts to help you make an informed decision.

    FTMO Account Types: Aggressive vs Conservative

    Q: What is an Aggressive FTMO Account?

    An Aggressive FTMO account is a trading account type that allows for higher risk-taking and aims to maximize profits. This account type is designed for experienced traders who are comfortable with taking higher risks to achieve higher returns.

    Q: What are the benefits of an Aggressive FTMO Account?

    • Higher profit potential
    • Greater flexibility in trading strategies
    • Opportunity to take advantage of high-risk, high-reward trades

    Q: What is a Conservative FTMO Account?

    A Conservative FTMO account is a trading account type that focuses on risk management and aims to minimize losses. This account type is designed for traders who prioritize capital preservation and stable returns.

    Q: What are the benefits of a Conservative FTMO Account?

    • Lower risk exposure
    • Greater stability and predictability
    • Protection of capital and reduced likelihood of significant losses

    Q: Which account type is right for me?

    It depends on your trading experience, risk tolerance, and personal preferences. If you’re a seasoned trader comfortable with taking calculated risks, an account might be suitable. If you prioritize capital preservation and stable returns, a Conservative account is a better fit.

    Q: Can I switch between Aggressive and Conservative accounts?

    Yes, you can switch between Aggressive and Conservative accounts at any time. However, please note that switching accounts may affect your trading conditions and profit-sharing ratio.

    Q: Are there any specific trading requirements for each account type?

    Yes, each account type has its own set of trading requirements and rules. Please review the FTMO terms and conditions and trading objectives to ensure you understand the requirements for your chosen account type.

    We hope this FAQ section helps you make an informed decision about your FTMO account type. If you have more questions, feel free to reach out to our support team.

    My Personal Summary: Mastering FTMO’s Aggressive vs Conservative Account

    As a trader, I’ve always been fascinated by the concept of risk management and optimizing trading strategies. That’s why I was thrilled to discover FTMO’s Aggressive vs Conservative account, a unique platform designed to challenge my trading skills and help me improve my results. Here’s my personal summary on how to effectively use this account and take my trading to the next level.

    Understanding the Aggressive vs Conservative Account

    The FTMO account is a proprietary trading contest that tests your trading skills by simulating real market conditions. The twist? You’re given a choice between two account types: Aggressive and Conservative. Each account type comes with its own set of rules, risk levels, and rewards. The goal is to grow your account balance while learning to adapt to different market conditions and managing risk effectively.

    My Approach:

    1. Start with the Conservative Account: I began with the Conservative account to get comfortable with the platform and test my trading skills in a lower-risk environment. This allowed me to focus on developing a solid trading strategy and refining my risk management skills.
    2. Understand the Rules: Take the time to study the account rules, including the maximum daily loss, profit targets, and leverage settings. Knowing the rules is crucial to making trading decisions.
    3. Trade with Discipline: Stick to your trading plan and avoid impulsive decisions. Focus on taking calculated risks and managing your positions accordingly.
    4. Monitor and Adjust: Continuously monitor your account performance and adjust your strategy as needed. Be prepared to adapt to changing market conditions and unexpected events.
    5. Scaling Up: Once I felt comfortable with the Conservative account, I transitioned to the Aggressive account, where I faced more challenging market conditions and higher rewards. This forced me to refine my skills and develop a more aggressive trading approach.
    6. Continuously Learn: The FTMO account is not just about trading; it’s also about learning and improving. Take time to analyze your performance, identify areas for improvement, and implement new strategies.

    Key Takeaways: