Anyone Tried the 60 Day Trading Gauntlet from Earn 2 Trade?

I have to be honest, I kind of like this E2T firm. As a huge critic of TST, I never felt with them that they are there for the trader with all their BS artificial rules. They simply just don't give out a good vibe. Ryan already explained the differences in post #17 so I am not going to repeat them.

From a backer's POV, it makes sense to see more days of trading, not just 10 days that could be only 10 trades. (Of course TST isn't stupid either, that is why the second step with more trades is there.)

Not having an automatic profit share also makes more sense. The bigger the trader's profit the more share he can argue for and even if the backer gives up more %, over all they still make more, so everybody is happy.

Now the price of the try out is a bit hefty, but still comparable to TST and it probably cuts down on the wannabes. After all they are looking for expert traders not for newbies who might get lucky.

So I wish E2T well, and hopefully they can prove that real backing firms do exist...

Pekelo approves!
 
Earn2Trade-Ryan said:
We do ask Gauntlet customers to do one more thing, in order to get a better funding offer: describe their trading strategy as clearly and detailed a manner as possible
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Hm ... With all the technology available nowadays to prove one's edge, why would anyone need this kind of offering?
 
qlai said:
Hm ... With all the technology available nowadays to prove one's edge, why would anyone need this kind of offering?
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The idea is that by describing your trading style and methodology as best as possible, without giving away anything secret, it allows our trading firm partners to see if you’re trading by your own rules and strategy or just trading randomly. One of the biggest keys to success as a trader is planning your trades, setting your own rules, and sticking to it.
 
Hi @Earn2Trade-Ryan ,

Is it possible to use either CQG Qtrader/Integrated Client, ot X_Trader/TT Platform in the Gauntlet? What about later on, once the trader has been funded?

If not, are you planning to add these platforms to your offering?
 
We are currently doing some switches regarding our simulated feed for the Gauntlet due to some changes with the CME. Let me check on this for you on Monday with the feed providers and I’ll report back here Monday!
 
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These types of programs are a great idea. However, they have an unsurnountable inherent flaw.

The flaw is the fact that if a person can not save or earn or create the 10-20k$ provided on their own; they are clearly not suited for the markets. they lack a critical quality. Otherwise. I like it
 
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MarketEater said:
These types of programs are a great idea. However, they have an unsurnountable inherent flaw.

The flaw is the fact that if a person can not save or earn or create the 10-20k$ provided on their own; they are clearly not suited for the markets
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I would have to disagree but everyone needs to look at their own situation and why they need the extra capital versus doing it on their own.

You don’t know someone’s life/financial circumstances. There are a ton of reasons why they may not have the funds to fund a 10-20k account for themselves. Or maybe knowing it’s their own money has led them to take unneeded risks and they are looking for a little more structure and help.
 
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qlai said:
Ryan, I think you should stop. This is not that kind of platform (I hope).
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It’s a platform to help people learn to trade and to assist them in getting placed with a prop firm as a professional trader.
 
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