Nova 007 Is Over. Here Is The Whole Story, Losses Included.
A Funded Account Ended This Week. We'd Rather Tell You Ourselves, In Full, Than Let It Quietly Disappear.
Nova 007, our $10,000 FTMO funded account, is over. Its equity reached the firm's maximum loss limit, and that ends the account. The unlucky detail is that the trades were actually looking good on the day it ended, but the limit had already been reached, and there is no way back from it. That's how the rules work, and we're not going to dress it up.
What went wrong this month wasn't a mystery. Barely any clean breakout moves came through. Almost every day ranged, up and down, which is exactly the kind of market that range breakout logic dislikes, and it's a weakness we wrote about only a few days ago. That isn't an excuse. It's the known weak spot, and this month it showed up in full.
The Whole Path, In Order
This didn't start with Nova 007, so here is the full journey from the beginning.
Nova 002 was the first step of the FTMO two-step challenge. It made $1,000 on the evaluation account.
Nova 003 was the second step. It made $500.
Nova 004 was the first funded account. It reached a payout of $511.27.
With each payout, a new account opened. Nova 005 followed, and it also reached a payout, $413.15.
In the meantime, Nova 006 started as the $100,000 challenge, which is now on its second step and running as Nova 008.
And then there was Nova 007, the $10,000 funded account that has just ended. This month it lost $1,000.
A note on those numbers, so nothing is misleading. The $1,000 and the $500 were profits on evaluation accounts, not payouts. The two payouts, $511.27 and $413.15, are what was actually paid out, and they were 80 percent of the profits, so the profits behind them were bigger. Whether you count the evaluation profits or only the payouts changes the total, so we've given you every number and you can do the sum whichever way you prefer, instead of handing you one flattering figure.
Why We're Showing You All Of This
A lot of sellers delete a signal the moment it goes bad, or quietly start a fresh one and let the history disappear. Many of the biggest names in this market do it. We think it makes no sense. Trading is not about winning every time, and pretending it is just gets people to spend a lot of money on a system that was never as smooth as it looked. We value honesty more than fake trust.
Every trade on every one of these accounts was documented in our Telegram group, day by day, with screenshots and details, wins and losses alike. You can scroll back and check any day of it.
The Nova 007 signal page is still up for now. It will be removed because the account is deactivated and MQL5 removes deactivated signals, not because we're afraid of the losses on it. If you'd like to look at it yourself, look while it's there, and read the Telegram record alongside it.
What We Believe About Losing
We believe trading is mostly about managing losing periods. If you can't handle a drawdown, or you don't build losses into your plan, you will lose money over the long run. In the short run, this month, we lost money. Looking at the whole path, we're satisfied with how it went and with what it taught us.
What Comes Next
Nova 008, the $100,000 verification account, is still alive, and it is still in a big drawdown. It needs a big comeback to pass, and nobody can promise that it will happen. It runs the same EA with the same settings as Nova 007, just scaled up from $10,000 to $100,000. If it falls, we'll post that too. The daily trade summaries are on Telegram, with nothing hidden.
If You're Thinking About The EA After Reading This
Take this post as information, because it is. The EA just lost a funded account in a month of ranging markets. Run the free demo and look at the worst stretch it produces. Keep your size small, and only trade money you can afford to lose. The EA is $199 until October 31st and $330 after that. The free route through PU Prime has no deadline, and it runs on a live account, so the same rules apply.
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