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The "trading challenge/combine" firms do offer value in my opinion and they can make you a better trader as there is "financial hurt" if you dont adhere to strict risk management as you will fail and have to pay a reset fee as well as possibly another monthly fee and in most cases that is still...

Most of the prop forms such as Topstep, Earn2Trade, OneUp and others have very flawed models as far as "scaling up" The problem in my opinion is as follows: Say for example you take the $150K challenge at TopStep Trader, Earn2Trade and OneUp Trader (the one up pne with 80% payout that is $350...

Perhaps Im wrong about my interpretation of this rule but nevertheless this is how I understand it lets take the example from their website below - lets say the session starts at 2814 and you initiate a short position - bad news comes about about covid-19 or china and the market starts a steep...

What are your thoughts on the new 2% rule recently implemented by Topstep Trader on funded accounts? The new rule says Trading will be restricted at or around Daily Price Limits. Initiating or holding active positions within 2% of a product’s Daily Price Limit is not permitted (See CME Price...

From what I see on FTMO it is 10% over 4 months not 1 month and the only other requirement seems to be that 2 of the 4 months need to be profitable. So if you have their max acct size -- $100,000 - that is initially getting a $10,000 profit over 4 months here is the text on their website as of...

Can you please explain the reasoning behind the new 2% rule? Trading will be restricted at or around Daily Price Limits. Initiating or holding active positions within 2% of a product’s Daily Price Limit is not permitted (See CME Price Limits) Seems like that can be a pain on days such as today...

2 differences I see between FTMO and many others 1) They appear have a fixed max drawdown and not a trailing drawdown - that makes it more like a regular trading account in my opinion as trailing drawdowns are more of a "gotcha" for other funding firms that make it easier to fail and have to...

Here are some recent changes to TopstepTrader's Funded accounts- most notably--the new 2% rule - Trading will be restricted at or around Daily Price Limits. Initiating or holding active positions within 2% of a product’s Daily Price Limit is not permitted (See CME Price Limits) See further...

To me it comes down to risk management. When you lose on trade it needs to be small and fast— breakout or bailout— It seems to me the less work we have to do with managing risk then we can concentrate on just finding the best set-ups and then concentrate on manually scaling in and out of...