My attempt to earn a funded account with Earn2Trade
- Thread starter SelfMadeDude
- Start date
Not sure. I don't keep track nor do I think that is important for my own progress as a trader.
All I can say is that the evaluations with the "trailing drawdown" has taught me a lot. But most importantly, all the thousands in lost sim money saved me thousands of real money since I trade the evaluations the same way I trade my own personal account.
Personally I think the trailing DD is the stupidest part of the Combine and it's sole purpose is to protect the company. It has no real life value.
I don't disagree that the trailing drawdown is a serious obstacle but for me....it has helped me get rid of "overbot and oversold" in my trading philosophy which has been one of the greatest improvements in my overall trading psychology.
To each, their own. I improved myself as a trader from their rules versus complaining.
To each, their own. I improved myself as a trader from their rules versus complaining.
Yep. I actually think these guys provide value if the configuration is right.
First you paper trade to see if you can trade.
Then you do one of these and get funded, and maintain that account for 6 months.
Then you trade your own money.
By then, it's easy.
EOD JULY 14
That is the question the so called Funding prop companies don;t want to be asked neither do the gullible ! having said that If Self just pauses and takes a realty check it would help him
Again, agree to disagree. Your stops are never invisible to parties that make the markets. And that's what matters. You don't think brokers and investment banks communicate with each other?
i wonder why noone ever asks why the spreads and commissions are practically zerounquote
%%
NO you're not a retard LOL.
CLOSE spreads on some stuff because of volume +competiton, obvious it's enough to make money + many years of down pressure on commissions+ bid ask spreads...................
Assume you are taking about an entered sell stop, or buy stop, some stops are in the traders head or on paper.
Since you are not a retard, you maybe have noticed round number stops/speed bumps/??
I think you have[if not\now you will LOL/true] So in that case its not a matter of ''know '', but probabilities. Thanks LucasPaul
Just so you know.
That trailing drawdown is the MAIN THING any fund is looking at when evaluating you.
It makes the MOST SENSE to have this in place and it's the MAIN thing that separates the "men from the boys", so to speak. Portfolio volatility is everything.
And yes, 99,99% of traders out there can't handle that.
Just so you know.
That trailing drawdown is the MAIN THING any fund is looking at when evaluating you.
aka the backer just doesn't want to commit to any risk, making your evaluation worthless. If they were really backing you, a little DD should be acceptable here and there.