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The Gauntlet is a test. And just like any other test, it should conform to a set of rules that are applicable in the real world.

I think you might want to read through the details again.

Perhaps "dishonest" isn't the right word. But when facts are not clearly stated, you have to wonder what the motive is. The Gauntlet has one set of rules; a funded trader has another set. At the very least, it could screw up the stats on your strategy.

Whatever the intent, to have two sets of rules doesn't make much sense. It looks like the initial rules are very straightforward - 10% profit/10% max loss. Changing the rules after funding puts a whole new perspective on what you're offering. That's not clear at all on your front page...

I don't understand your drawdown policy - you have one drawdown for the Gauntlet and a completely different drawdown schedule for funded traders. This makes no sense. If you allow a 10% drawdown in the Gauntlet i.e. $2500 max, and the trader passes, he/she now has to reduce to $1000 drawdown...

Most prop firms let you pick your platform i.e. Rithmic, Jigsaw, TT, even if you have to pay a few bucks for it. I wonder why this outfit is locked on to an obviously inferior platform. Have you asked them if you can use a better platform? Just saw your last post - I guess you're done with...

What he's really saying is this: "We're only going to allow select people whose political philosophy matches mine to be part of our new environment". In other words, he's already on the path to discrimination and segregation. My best hope is that he spends a truck load of money and the...

Is Signal Start available in the U.S.? I know MyFXBook is not. Thanks.

I trade the ZB, occasionally the ZN. Forget charts and candles. Order flow using the Jigsaw DOM is the best way to trade financials (IMO). If you're a scalper, order flow is an absolute must. You can't scalp financials off a 5-15 minute chart. Nobsdaytrading.com is the best education for...

Exactly -

You're wrong. That's a probability problem. And it's an excellent example because your scalping techniques aren't much different. You're training your clients to calculate the probability of a profit every time they push the button. Your scalping techniques are essentially probability...

I agree with your post. Mathematics is just a tool. The reality of financial markets is that it's impossible to incorporate all the variables. Just do a search in Google Scholar for tensor analysis of financial markets and the problems inherent in analyzing financial markets becomes apparent...

I just started with Earn2Trade and TraderDock. Finally got the TraderDock platform up and running - it's a beast, but executes fast. E2T very easy and support is excellent. Had a decent first day in the CL. Will update occasionally.

Hi - What do you think of TraderDock's TT platform? It's really cumbersome - no one-click execution with profit target/stop loss, information is scattered all over the place on different windows, can't see your current P/L on the DOM. Seems like a good firm - but strange that they use such an...

Thanks so much for the detailed reply. I couldn't get a straight answer from OneUp either. I haven't heard about TraderDock or Speedup - will take a look at them. Let us know how it turns out. Thanks again.

Thanks so much for the information. I do use my own cash to trade as well. But I figured why not increase earnings using a couple of these programs. I'm signing up with Earn2Trade today. By my calculation, a trader needs to sign up for a large account and use 1/3 the number of lots...

I don't see anything at their website about this "reserve". They advertise that the first $8000 in profit goes 100% to the trader. Then the trader begins the 80/20 split with them. Does the reserve mean that you can't withdraw your 80% split and must leave part of it in the account? I'm...

Their own in-house traders couldn't pass the Combine. I followed the blog for a while - mostly losing days - then it disappeared. Here's Michael Patak's reply to a question on Futures.io -I'll let the reader decide about Patak's answer - BS or not? RDK91 How are things going with the...

Tradestation is the best for strategy development and backtesting. The results are realistic. I use Ninjatrader brokerage but their backtesting engine isn't that great and developing strategies on Ninja takes too much time. Tradestation has a lot more flexibility for strategy development and...

For some odd reason, my post regarding the $10 refund was deleted. I reported several weeks ago that the $10 refund was received. Thank you. Please do not delete this post.