Quote from Pekelo:
Oh what the hell, I will throw in the math for the 20 days combine comparisons:
"Current 30k 20 day minimum combine to be completed in 2 months:
In two months there are an average of 42 trading days. The profit target is currently $2000. Therefore an average of 2000 / 42 = $47.62 per day is required
New 30k 20 day limit combine to be completed in 2 months (BUT: when you reach 20 traded days the combine ends). The new profit target is $1500
Therefore an average of 1500 / 20 = $75 per day is required"
Now 75 is not double of 47, but close enough. I worked for Arthur Andersen....![]()
No, no, no. You CANNOT trade for 42 days under the current system. BET ME. Under the current 20 day combine, you can trade any 20 trading days within a 60 day window. ONLY 20 trading days. You have to request a CUSTOM combine to change the deal. I know this for a fact because a guy on ET pmed me who signed up and assumed he got all 60 days to trade but they cut him off after the 20th day. They said he needed to request that BEFORE the combine started.
Soooooo.....as it stands now, for the 20 day combine you can trade any 20 days out of a 60 day period and you need to make 2k on the 30k account. Starting on Monday, that 2k level drops to 1500. You can ONLY trade 20 days out of the 60. After your 20th day, your combine ends. IF you want something different, it has to be REQUESTED as a custom combine.
I did not work for Arthur Anderson but I'm literate and can read the website well.