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In my opinion you should actually try to open a PDT account with a decent amount above $25k such as $30k or more. If you open with just $25k then data fees and/or platform fees will take you under $25k and your Acct will be restricted. Also good to have at least $5k (Or more) buffer in general...

really it’s a function of Daily loss limit Max loss limit Whether they use a fixed max drawdown Which is more like a real account or a “trailing max drawdown” which in my opinion is complete BS and of course payout example- which do you think is the better choice for making more money...

SMB is 50% payout to trader The guy who was head of SMB futures trading just left SMB and started his own funding tryout firm and the payout is supposedly 70% to the trader FTMO also offers 70% payout and their max drawdown is $10,000 compared to other 70% payout form that only offers $4,000...

nice job SMD!

I heard the payout was 70% now compared to SMB’s limp 50%

Merritt Black is much better off on his own in my opinion

Pretty much a BS offer (costs vs benefit) from T3 in my opinion compared to other funding programs out there

In my opinion this is good advice. One problem with trading is definitely information overload. Narrow down and simplify and dont worry about what others do. There are literally a million+ different ways to make money in the markets, all you have to do is concentrate on 1 way that you feel...

It really depends on the cost to earn funded acct VS real funding (max loss allowed--and how that max loss is determined--fixed drawdown below zero line or trailing drawdown) Some funded accounts start out with daily loss limit of $5000 and max fixed drawdown loss of $10,000 below zero line. If...

Great point!

the below is true but even with a statistical edge that is also assuming that: You practice consistent Risk Mgt across every trade All trade entries to open a trade are done in a consistent fashion All managing of live trades is done in a consistent fashion All trade exits to close a trade...

If you only have that amount of money and want to daytrade frequently then For stocks you need consider that you will most likely have to go to an offshore broker due to the US's PDT rule of having min $25K in your acct to daytrade and when going offshore you have more risk so if you must go...

I know how the GD trailing DD works I am simply pointing out that funded accounts with fixed max drawdowns are much more profitable and advantageous for the trader than the typical funded accounts with trailing max drawdowns If you cant see the difference between the 2 and why a fixed drawdown...

I guess I just see the trailing DD different yes as an example if you have a $4500 trailing DD in a funded account--the typical deal is that it disappears after you have made $4,500 in profits - sounds fair enough on the surface--yes However - the other side of that coin is now that it has...

Not complaining - just pointing out that a few offer funding programs that (in my opinion) are substantially better than E2T, Topstep and most of the others in my opinion. Such as fixed drawdown --why trade with a company that only offers a trailing drawdown when you can get bigger funding and...

"First, what you are buying with money is a demo account which is obtainable everywhere, free. Yet, if you make a mistake you lose your money." OMG - your kidding right? You do realize that is what all of these funding companies do in their challenges (or combines) ---correct? Its not just...

I diasgree most of them are the same but some are very different than the majority of others Earn2Trade and Topstep are very similar and most funding companies basically have a slight variation of their programs but one thing they all have in common is the "trailing max drawdown". There are a...

All very true SelfMadeDude --- however it is very clear that there are major differences in how some "funding companies" operate and the real funding and opportunity over the long term that they offer a trader who gets funded. If someone is going to spend money and time trying to pass a...

In my opinion anyone seriously considering SMB Capital should take a hard look at FTMO instead In my opinion FTMO offers a better program I could be wrong but my understanding is the SMB Capital currently only allows you to have 1 funded account only and that account only starts off with a...

I disagree in my opinion FTMO offers the fairest deal of all “funding” companies that being said .... if you already think all funding companies are a waste of time and money there is no reason to read any further but if you are considering trying out with the various funding companies such...