and you need an outside source at 300-200 ? amount to add to this journey,please explain why 6 combines or 3 are better than doing it for free on your own to your own style,not the rigorous,ridiculous restrictions of a combine designed for the max number to failQuote from Maverick74:
I've given what I think is the best plan of approach here. I'll go over it again.
Step 1) sign up for the free 10 day trial with no performance reporting. Just work on getting to know the software and learning the ins and outs of trading. If you want, before this try a free 2 week trial with Ninja as well thus giving you 4 solid weeks to put a plan together.
Step 2) start the first combine with the goal of simply being profitable. Don't worry about the other metrics, just focus on making money. Do the 20 day, not the 10 day.
Step 3) Whether or not you qualify for the free combine or not, start a new 20 day, this time with the goal of making money and meeting the performance metrics.
Step 4) Do another 20 day combine and repeat step 3 if you failed to accomplish it. If you did qualify for the refund, do it again.
Step 5) Do another 20 day combine. Continue to do the 20 day combines until you qualify for 3 refunds in a row. This means you are net profitable AND you are adhering to the rules and performance requirements.
Do NOT worry about the p&l requirements. My guess is after the free combine, you will probably need to do 5 to 6 20 day combines before you get 3 in a row. Once you do get 3 in a row, fund your own account at a firm like Velocity Futures. I personally like them because they offer TT, CQG, QST and Ninja and provide a lot of great support. I have no affiliation with them.
So the goal here is to put in a solid 6 months. My guess it will cost the avg guy/girl two combines, the rest should be free. After 6 months being that consistent, you are ready to trade. Now if you don't have any capital to fund your own account. I suggest having 25k at the minimum, then you can keep doing the combine until you meet the p&l requirement or raise the funds on your own through outside sources. This, in my opinion is how one puts together a long term plan to consistency and profitability.
Not trading crude oil in the hole and gunning it the last two days simply to meet some objective that gets you a live account in which you will have no ability to actually trade with consistency or profitability. That is my personal advice.