Why Most Traders Fail
FTMO publishes statistics showing that only about 10% of accounts pass the full challenge and verification process. The rest blow their accounts due to the exact same five mistakes—regardless of whether they trade indices, forex, or gold.
Below is each mistake along with a concrete fix you can implement today.
1. Violating the Daily Loss Limit
This kills the highest number of accounts. FTMO has a strict limit (e.g., 5% equity per day) and calculates it from the highest equity of the day, not the opening balance. One winning trade followed by three losses, and suddenly you are out of the game.
Fix: Set yourself a soft limit at 3%, not 5%. When you hit it, close everything and end your session. No debate.
2. Excessive Leverage on a Single Trade
A classic scenario: a trader spots a "great setup", enters with 2-3 lots on a $100k account, and sets a stop loss "by eye". One adverse move and they are down 4%.
Fix: Calculate position size before entering. TradeLogic features a position size calculator—input your risk (0.5-1% of capital), SL in pips, and get the exact lot size. Never calculate manually.
3. Trading Without a Plan = Revenge Trading
After a loss, your brain screams "get it back." You enter the first available movement without a setup. Another loss follows. The spiral begins.
Fix: Playbook + Journal. Every trade must be assigned to a specific strategy from your list. If a setup doesn't match any strategy, don't enter. TradeLogic blocks adding a trade without a playbook rule if you enable this option.
4. Trading High-Impact News Without a Plan
NFP, CPI, Fed decisions—spreads widen 5x, slippage destroys stop losses, and FTMO may flag the trade for aggressive news trading or manipulation rules where applicable.
Fix: Check the economic calendar every morning. High-impact news means a no-trade window of 15 minutes before and after. TradeLogic includes a built-in calendar with high-impact filtering.
5. Ignoring Maximum Overall Drawdown
You keep daily loss under control, but forget about the overall maximum drawdown (e.g., 10% from initial balance or peak equity). After a good week, your peak is higher—leaving less room for error than you think.
Fix: Track your buffer to max DD in real time. In TradeLogic, the Prop Firm Tracker shows the exact dollar amount separating you from a violation for every rule individually.
What's Next
These five mistakes aren't just "YouTube theory"—they are based on data from hundreds of accounts logged in TradeLogic that failed challenges in 2025–2026.
If you are starting an FTMO, FundedNext, or MyForexFunds challenge, the Prop Firm Tracker keeps track of these five parameters for you—without logging back and forth into Excel spreadsheets.
See Also
- FTMO 2026 — Full Review: Rules, Pros, Cons
- FundedNext 2026 — Review + Comparison Tables
- The5%ers 2026 — Review + 4% Max DD Spotlight
- FundingPips 2026 — Review: Payout Every 7 Days
- Topstep 2026 — Review (CME Futures): Trailing DD & EOD Close
- Apex Trader Funding 2026 — Review (Intraday Trailing, 80% Promo)
- Prop Firm Tracker · Trader Glossary · Trading Journal Guide