Earn 2 Trade the gauntlet

tradethereaction said:
Ryan if someone brings in 100% return in 2 months demonstrating good risk reward, why not give them more than 25K?
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Could of gotten lucky. Prop firm needs to see consistency before increasing their risk.
 
tradethereaction said:
100%+ return on several trades demonstrated over two months with little drawdown? No way that's luck
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Absolutely! So many traders have a good month or two just to wipe it all in a few days.
 
tradethereaction said:
Interesting. Most people can't get funded. So hard to see that as luck. What would constitute it not being luck?
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Consistency over a longer period than 2 months.
 
well i think im done with earn2trade unless there is a sale or im bored I met the 2500 and the plan with about 20 days to go the plan was to meet the 30 days and at least 1 trade per week of trading requirement which gives you about 10 days out of a 2 month trail to not trade. And the fear of loss emotion took over i bought the swing high of the day of the big drop because if your just targeting 1 tick i mean of course you will get that right? so a 1 tick target turned into a $5k loss smh. I would say the forced trading days are the biggest con of earn2trade there was actually several days where i didnt feel like trading but because you only have 10 days off and have to trade at least 1 trade a week i traded and usually lost those days. I get the requirement but once someone gets to the target since this isnt money you take home the mindset switches from gain to preserve so your not trading your strategy anymore in my opinion. End of the day your trading against yourself this is why this is such a good business model. I'll try them again when a sale rolls around. advice would be if your using a low risk very high reward style like me it sucks but you will have to keep trading your strategy until the end even if you reach your target its just not worth putting on a trade if your not going to go for your full targets.
 
caacapital said:
well i think im done with earn2trade unless there is a sale or im bored I met the 2500 and the plan with about 20 days to go the plan was to meet the 30 days and at least 1 trade per week of trading requirement which gives you about 10 days out of a 2 month trail to not trade. And the fear of loss emotion took over i bought the swing high of the day of the big drop because if your just targeting 1 tick i mean of course you will get that right? so a 1 tick target turned into a $5k loss smh. I would say the forced trading days are the biggest con of earn2trade there was actually several days where i didnt feel like trading but because you only have 10 days off and have to trade at least 1 trade a week i traded and usually lost those days. I get the requirement but once someone gets to the target since this isnt money you take home the mindset switches from gain to preserve so your not trading your strategy anymore in my opinion. End of the day your trading against yourself this is why this is such a good business model. I'll try them again when a sale rolls around. advice would be if your using a low risk very high reward style like me it sucks but you will have to keep trading your strategy until the end even if you reach your target its just not worth putting on a trade if your not going to go for your full targets.
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You might want to revisit risk management 101
 
caacapital said:
well i think im done with earn2trade unless there is a sale or im bored I met the 2500 and the plan with about 20 days to go the plan was to meet the 30 days and at least 1 trade per week of trading requirement which gives you about 10 days out of a 2 month trail to not trade. And the fear of loss emotion took over i bought the swing high of the day of the big drop because if your just targeting 1 tick i mean of course you will get that right? so a 1 tick target turned into a $5k loss smh. I would say the forced trading days are the biggest con of earn2trade there was actually several days where i didnt feel like trading but because you only have 10 days off and have to trade at least 1 trade a week i traded and usually lost those days. I get the requirement but once someone gets to the target since this isnt money you take home the mindset switches from gain to preserve so your not trading your strategy anymore in my opinion. End of the day your trading against yourself this is why this is such a good business model. I'll try them again when a sale rolls around. advice would be if your using a low risk very high reward style like me it sucks but you will have to keep trading your strategy until the end even if you reach your target its just not worth putting on a trade if your not going to go for your full targets.
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The way I understand it, the prop firm wants you to trade most of the time. In the gauntlet they want to know what you do on a daily basis. In your case, you did not protect their capital, let alone your profits.
 
Two weeks in, taking it easy as to previous aggressive trading. I guess with this company you do not have to rush to make the profit compared to the rest?

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