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Good point traderjo some firms like SMB Capital like to promote how much their funded traders are making. Supposedly they have 3 funded traders who made 8 figures and lots who made 7 figures If I had to guess though I doubt they pay out 80% to their traders and it’s probably more like 50% to...

traderjo you could always just start a competing firm to Topstep and E2T and make your platform , Trading combines and funded accounts opportunity for traders better than what they both offer now and then you can be the one profiting from test fees and traders profits on trading ( and selling...

Yes —my whole post was sarcastic including “as long as they pay timely”

Well I was being sarcastic when I said why does it matter because of course I KNOW WHY IT F’ING MATTERS but Thank you for detailing for all as I preferred that you post this

In this case I would bet # 2 occurs “When a company comes across this kind of existential reputational crisis, there are only 2 outcomes: 1) the company eventually and quickly goes out of business due to lack of clients 2) the company becomes "very" transparent (above and beyond normal...

Here is a link to an article about this in The Times of Israel https://www.timesofisrael.com/us-regulator-charges-5-israelis-in-165-million-binary-options-fraud-scheme/#gs.fuid85

destriero - Even if the actual funded account agreement between the funding company that funds E2T traders who pass evaluation and the traders has a clause that covers that trades may or may not hit the tape --what difference does it make as long as they pay the trader (in a timely fashion and...

See this web page https://www.cftc.gov/PressRoom/PressReleases/8231-20 Link to complaint https://www.cftc.gov/media/4561/enfcombluemooncomplaint090220/download

See this web page https://www.cftc.gov/PressRoom/PressReleases/8231-20 Link to complaint https://www.cftc.gov/media/4561/enfcombluemooncomplaint090220/download

oh --ok I see now why selfmadedude was concerned https://www.elitetrader.com/et/threads/earn2trade-founder-charged-with-fraud.349936/

SMD Why would E2T need to shut down operations? They make plenty of money

Once they pull the funding that is correct. obviously you wouldn’t have the $3500 profit To withdraw without their initial funding But after that (Meaning after you have generated profits equal to your trailing max drawdown) typically the drawdown is taken away (in reality that means their...

Good luck trading 15 contracts on only a $3,500 buffer in your account with the funding company 15 contracts on ES is $750 a point. $3500 is about what - 4.6 points. The ES currently moves that amount in about 10 seconds with current volatility this week and last week. So 1 wrong move and 10...

Keep in mind that once you pass and have a funded micro swing account that your funded account will probably still have a trailing max drawdown, once your profits have exceeded the trailing max drawdown typically the funding is pulled and the trailing max drawdown is eliminated--meaning you are...

Isnt this better explained taking into consideration the trailing max drawdown in the funded account? Lets say you have the largest mini gauntlet account for $150K and you pass and are funded with same risk parameters of $4,500 max trailing drawdown. Once you have generated $4,500 in profits...

http://greentradertax.com/

My opinion is any funding company that uses “trailing max drawdown” puts the trader in a bad position it’s just as easy to instead try a challenge with other companies that offer “fixed max drawdown” instead which is just like it would be with a funded acct with your own money most of the...

Ive been there as well. Holding onto losers too long or adding on hoping for a rapid move in my direction to get me out. Also hated trading with stop losses as I would get stopped out quite often At least for me the biggest positive change was being more patient and waiting for better entries...

It’s not 6 points - $300 on ES it is more like $3 or so per contract So if that is correct (Approx $3 per contract) so yes it will screw with scalpers who try to scalp 1 to 2 points but for people playing intraday swings of 8 to 20+ points = no effect swing traders = no effect long term...

Congrats looks like you passed