Funded account by Speed Up Trader

[carlospetrucci]

Sierra is really customizable the default charts are not pretty you have to search for templates or YouTube videos on how to customize the chart visually how you want it

Good and very explcit charts... I'm going to check it right now, thanks!

 

[MotiveWave]

I'm new in all this "trading" world (I come from crypto, been trading alts since 2017), in your opinion: which platform is best suited for traders with little experience? I'm checking all possible options...

MotiveWave is user-friendly and highly customizable. We have different editions based on your needs. Our Trade Edition is a good entry-level trading platform and is $29/month or $295 for a lifetime license

 

[carlospetrucci]

Thanks

MotiveWave is user-friendly and highly customizable. We have different editions based on your needs. Our Trade Edition is a good entry-level trading platform and is $29/month or $295 for a lifetime license

Thank you for the offer, I'll check it today to verify if it suits my needs

 

[realextrader]

Hello! We welcome any questions. We have gone to great lengths in discussions with our regulatory attorneys and the NFA to make sure everything we do is in compliance with applicable regulations.

At this time, Earn2Trade and the prop firm have no NFA regulatory requirements. Earn2Trade is not the prop firm that funds the traders and simply acts as an education and recruitment firm. The prop firm that does fund the traders does not treat traders as independent contractors (which may have CTA registration requirements) as many other firms do. Instead Helios brings the traders on as members of their LLC and thus, per the NFA, removes the regulatory requirements.

hahha ryan jumping in to highjack this newbie to market E2T is funny. i like l2t dont get me wrong i showed my teacher ur site too. strong and credible for sure. everything about speedup and tradecontext is geared towards the traders intrest and not failure... if u mess up theres room to breathe just dont be disrepecful.. i was funded twice when i was with them.. its legit everything in there are all hand made by marcello and james with some help from students.. they were growing a new community for traders where i must say the enviroment is pretty good. i prefer the lessons rather than the funding aspect tho. i hate rules too

 

[realextrader]

Hello Trader Jo,

The business of Earn2Trade is to make money selling educational resources and to make money on the testing fees. This is the business model of Earn2Trade. The business model of the prop firm is to filter through the Gauntlet™ candidates to get the best traders that will grow its business. There is a split between the two companies because the two companies have two different business models. There isn't meant to be any smoke and mirrors behind it, and while I can't speak to others in our industry we don't try to hide anything that wouldn't give us a disadvantage against our competitors.

You spoke about a CTA having regulatory obligations, and I can speak to that as well since I run a CTA and am licensed by the NFA. We went through nearly two years of setup and tremendous expenses to get our educational courses and legal structure secured to ensure that everything was acceptable to our legal team. I understand very well my obligations toward the NFA and we bring the same strictness and oversight to our management of Earn2Trade.

Regarding the percentage of passing candidates, I can tell you candidly that as of January 23rd, 2019, 21.1% of all candidates who signed up for the Gauntlet™ were funded. You must also take into consideration that some of those candidates took the Gauntlet™ more than once, but that is still an extraordinary number that we are proud of. We never hid this information, and you can find an interview of me here in which I provide that information and more:

https://funded-trader.com/2019/01/23/interview-with-earn2trades-founder-ryan-masten/

We are very proud of what we are doing at Earn2Trade and we will continue to grow and provide the best and most competitive experience for our students and Gauntlet™ candidates. While there may be some in the industry who are out to provide an environment where individuals can get "scammed", we are providing a great opportunity for traders while we look for the best talent. I'm not ashamed to make money from that.

i almost went with you bro.. so close hahahah respect for making me gind if i made the right choice

 

[realextrader]

" If these so called gurus are so good why would they sell the system? why are they either not making millions by trading ( not by selling seminars) or managing a regulated fund... simple reason th



too many quacks out there giving this a bad name.. thinking those who cant teach.. and that all who try to do good is a hypocrite.. u have no idea theres alot more going on than just the sales or the warm feeling they feel in their tummies whenever a student pass.. they are lazy as hell and wants to clone us to do their job so they can kick back n do jack lol... its simply a situation where both parties profit.. youd agree when u are there trading alone

 

[realextrader]

i did have MAS look into this as we were planning to open up a school in asia. the feedback was ok but theres no reason to get regulated for now. speedup isnt going heavy on marketing nor desperate for students.. hell they just even kicked me out for being an ass ..i still stand by what i saw and had experienced.. hence this defence..if u wanna trade or learn.. this is the place. i had hoped to see a better designed corse and site but thats just cosmetics to me now.. i actually have become arragont after my eureka.i was making 5k a day for almost 2 weeks with 40k at the highrtst. ....thats why i got boot haha

Has anyone tried Speed Up Trader - a company set up by Marcello Arrambide, the founder of Day Trading Academy?

They say they will fund me an account of up to 100k if I pay them 300 first then pass their test.
After you pass, you get to trade a 100k account with a maximum of 12 contracts and keep the first 7k and 80% of the profits afterward.

How hard is their test? Is it measured by cumulative profit or just sum total of the recent x number of days? Do I need to pay 300$ every time I fail the test and have to start again?

I am just wondering if this whole thing is a scam or not...

ok

 

[realextrader]

Hello Trader Jo,

The business of Earn2Trade is to make money selling educational resources and to make money on the testing fees. This is the business model of Earn2Trade. The business model of the prop firm is to filter through the Gauntlet™ candidates to get the best traders that will grow its business. There is a split between the two companies because the two companies have two different business models. There isn't meant to be any smoke and mirrors behind it, and while I can't speak to others in our industry we don't try to hide anything that wouldn't give us a disadvantage against our competitors.

You spoke about a CTA having regulatory obligations, and I can speak to that as well since I run a CTA and am licensed by the NFA. We went through nearly two years of setup and tremendous expenses to get our educational courses and legal structure secured to ensure that everything was acceptable to our legal team. I understand very well my obligations toward the NFA and we bring the same strictness and oversight to our management of Earn2Trade.

Regarding the percentage of passing candidates, I can tell you candidly that as of January 23rd, 2019, 21.1% of all candidates who signed up for the Gauntlet™ were funded. You must also take into consideration that some of those candidates took the Gauntlet™ more than once, but that is still an extraordinary number that we are proud of. We never hid this information, and you can find an interview of me here in which I provide that information and more:

https://funded-trader.com/2019/01/23/interview-with-earn2trades-founder-ryan-masten/

We are very proud of what we are doing at Earn2Trade and we will continue to grow and provide the best and most competitive experience for our students and Gauntlet™ candidates. While there may be some in the industry who are out to provide an environment where individuals can get "scammed", we are providing a great opportunity for traders while we look for the best talent. I'm not ashamed to make money from that.

i didnt join u but i always felt u were awesome hell even the grp [pic of u guys really shows what u are made of. respects bro... james was a bit rough round the edge .. everything was diy but does the trick for me. showed him the guanlet too. he was impressed

 

[Handle123]

I have reached 28,03% profit ($7008,24) with a draw down of just 3,89% and i received $25,000, 80% split with 10% draw down, so i don't know what kind of numbers you need to generate to receive 20% draw down but it seems like very few traders will actually get the 20% DD.

Congrats on the 3.89 DD, is this the norm for your model or was it streak of winners?

 

[p0box4]

Congrats on the 3.89 DD, is this the norm for your model or was it streak of winners?

My max draw down should be around 5% on average, so the 3,89% during the Gauntlet was within the model of my strategy. Unfortunately i had bad timing in starting the funded account and i started during a losing streak and lost the funded account in 2 weeks.

Since then the system is back to normal performance with very low draw down.