Search results

  1. O

    Review of One up trader

    How this relates to OneUp/TsT: You're consistently wasting capital on evaluation fees that could instead be put into savings. Once your savings reaches a certain point, THEN you can begin trading. Think long-term and NOT short-term. SUFFICIENT CAPITAL is a REQUIRED and CRITICAL price of...
  2. O

    Review of One up trader

    I guess there are three ways, chiefly, if you want to operate investments as a career: 1) Use your own money to build a fund, or network and use money from your friends and family members. This is of course not ideal (too much stress from my personal experience in managing close relations'...
  3. O

    Review of One up trader

    Also, to put all of this into perspective (going back to my "potential" comment above), the 'real' fund I am employed at now works as follows: They want you to make basically 15%-20% a YEAR. If you can do that, you're as valuable as Warren Buffet basically. Investors run to you if you have an...
  4. O

    Review of One up trader

    Daily loss limit before being halted until the next session is different from what I'm talking about, which is real-time draw down based on unrealized gains. In the accounts I traded the draw on the account was $5,000. Example: Hypothetically say you traded CL in which each contract will...
  5. O

    Review of One up trader

    I have updates to add to this thread from my comments that I posted in the beginning. I had a funded account with OneUp originally & withdrew >$5k in total, each tranche received over time with official bank wires from MES Capital. Unfortunately, I eventually experienced trading variance and...
  6. O

    Review of One up trader

    I'll tell you from experience: the best traders and fund managers don't post on social media. The best traders don't waste time [the opportunity cost of research and time better spent managing actual positions] posting or reading non-sense, getting stuck in anonymous and circular online debates...
  7. O

    Review of One up trader

    I also trade my own personal accounts but because of OneUp now have access to ~$45,000 in contracts [15 lots of position size] that I did not possess prior to becoming a funded trader with them. What did I have to do to access this? Simply paying a small, incredibly immaterial, fee and about a...
  8. O

    Review of One up trader

    There are a few updates that I want to mention. 1) In regards to your comment, I would suggest that you read through this thread in its entirety; I have already posted various comments throughout this thread relating to your question. To summarize, yes, I have confirmed withdrawal(s) with...
  9. O

    Review of One up trader

    I'm more of a positional swing trader at heart, so my trades are planned in advance, and I usually use limit orders to execute strategies, ideally around MM stop run areas. Sometimes it takes many many hours to get a fill, sometimes I completely miss out. I say this because I also trade...
  10. O

    Review of One up trader

    It seems like the obvious fix to your problem is simply to sign up on their website under a new email. I would be highly surprised if they "banned" your entire person, especially considering that your "ban" was pretty unfair in my opinion [as you said in your earlier posts, you were simply...
  11. O

    Review of One up trader

    My post said nothing about people ['the working middle class'] trading their own personal accounts and only having the ability to trade 1 CL. Everyone has to start somewhere and scale up. My post(s) relate to the 'funding traders' market which presently only includes TsT and OneUp. In specific...
  12. O

    Review of One up trader

    This is actually something I forgot to mention in my prior post but wanted to talk about. This is incredibly deceptive marketing. The simple truth is that you're not being given $150,000. Rather, you're trading an account with buying power equal to lot size of 15 which changes in nominal value...
  13. O

    Review of One up trader

    Their service is not targeted at the people with trading skills but without the capital contribution to trade their own accounts. Their service is targeted at the demographic of people who 'think' they possess adequate trading skills [based on feelings like arrogance and narcissism, no proven...
  14. O

    Review of One up trader

    I was basing it off the FTP profit target and drawdowns. Maybe my memory is a bit foggy but in the past, at least with the $50k combine, you only needed to earn about $1k in the FTP program as your profit target to succeed whereas now it's $3k. That moves the ideal profit objective from $100/day...
  15. O

    Review of One up trader

    As I spoke about in my prior posts, I already confirmed that 1) your initial managed account with OneUp after the passed evaluation phase remains in a simulated trading environment and 2) that OneUp reserves the right in their contract to switch your managed account between live and demo at...
  16. O

    Review of One up trader

    Both companies use the same rhetoric to attract potential customers, and that is that their chief objective is scouting for talent & funding the traders who pass their evaluations. Obviously you're right & the real money is in collecting evaluation fees, as there are far more people who lose in...
  17. O

    Review of One up trader

    I don't think that there's anything wrong in having an evaluation fee. I think the ideal would be a refunded evaluation fee if you pass, personally, but how a profit-seeking business runs its operations to maximize profits is up to their management. The reason why I think that OneUp is looking...
  18. O

    Review of One up trader

    Haha, I'll tell you my anecdotal experiences about TopStep and I'll preface it with some background information just as a frame for reference. I've been a trader for the last ~10 years and only a professionally consistent and successful one for the last ~5. In my early career, I will fully...
  19. O

    Review of One up trader

    I also want to mention that in regards to your comments about how many people were funded and why this suggests that it's not sustainable, it's a bit skewed and incorrect because OneUp just launched and as a result had an enormous amount of evaluation participants, far beyond what is normal or...
  20. O

    Review of One up trader

    I have the $150,000 account so my withdrawal threshold is $5,000 and since you can only withdraw in amounts of $1,000+, I won't be able to determine if this is 'real' until I hit that $6,000 threshold and request the payout. As of now, though, these are the facts: I'm 100% certain that new...
Back
Top