Speedup Trader: Fact or Fiction

Turveyd said:
Earn2Trade seems really good, and $85 for a 50K account gauntlet bargain, switching to that next week.

Less rules than topstep to force you out.
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I would normally agree, my 1 caveat for you with E2T is they are in between brokerages right now for funded accounts, moving from Helios to ? (they haven't said). The process has been going on for a few months, and when questioned don't want to give a specific time it'll be complete until they can guarantee its complete. Not saying that makes anything bad about them, you might just find yourself in a situation where you pass, and have to sit around and wait for an undetermined amount of time to get a funded account. (this is all info from Futures.io and a discussion thread there).

I will say I have done Gauntlets with E2T in the past and have no complaints about them as a company or anything, and agree the rules are far more reasonable than TST.
 
Turveyd said:
Earn2Trade seems really good, and $85 for a 50K account gauntlet bargain, switching to that next week.

Less rules than topstep to force you out.
More...

Why less rules?
Earn2Trade has worst rules that TST
The Trailing drawdown is calculated intraday, this means that if you don't pay attention you will go out very easily. TST calculates it at the end of day

Another thing that it's complicated to know is what exactly are in real time, the numbers of contracts you can trade, with the peaked intraday trailing drawdown
 
LexKnight said:
I will say I have done Gauntlets with E2T in the past and have no complaints about them as a company or anything, and agree the rules are far more reasonable than TST.
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See my post above
Why the hell E2T has more reasonable rules??
 
LexKnight said:
I would normally agree, my 1 caveat for you with E2T is they are in between brokerages right now for funded accounts, moving from Helios to ? (they haven't said). The process has been going on for a few months, and when questioned don't want to give a specific time it'll be complete until they can guarantee its complete. Not saying that makes anything bad about them, you might just find yourself in a situation where you pass, and have to sit around and wait for an undetermined amount of time to get a funded account. (this is all info from Futures.io and a discussion thread there).

I will say I have done Gauntlets with E2T in the past and have no complaints about them as a company or anything, and agree the rules are far more reasonable than TST.
More...


Didnt know that arseeee thanks!
 
Expo said:
Why less rules?
Earn2Trade has worst rules that TST
The Trailing drawdown is calculated intraday, this means that if you don't pay attention you will go out very easily. TST calculates it at the end of day

Another thing that it's complicated to know is what exactly are in real time, the numbers of contracts you can trade, with the peaked intraday trailing drawdown
More...

TST has no trading over news, easy to miss / forget a news time.

E2T trailing max draw down stops on a 25k account at 25k when account is 26.5k+ you can also disable daily draw down at that point aswell.
 
Turveyd said:
TST has no trading over news, easy to miss / forget a news time.

E2T trailing max draw down stops on a 25k account at 25k when account is 26.5k+ you can also disable daily draw down at that point aswell.
More...

TST has the same rule
Once you are funded, if you use Tradovate (TST platform) you have commissions that are free of Exchange fees. If you trade a couple of lots each day the cost of data feed is completely absorbed

And.... at the end of step 2 you can choice to continue trading with the PRO account instead of the Funded account avoiding to stop trading for more than a week since the funded account needs from 7 to 10 days to be operative (In this case you pay nothing for the Exchange data feed). Once you reach 5k you can earn the profit or start the funded account with +5K in the account.
 
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Just discover the real difference between E2T and TST and it's clearly in favour of E2T

What is the Meaning of Maximum Position Size?

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Written by Francis
Updated over a week ago
The maximum position size defines how many contracts you can have open at any given time across all positions.

The only exceptions are the following micro contracts: MES, MNQ, MYM, M2K, MGC, which can be traded for up to ten contracts and it'll only count as one contract towards the maximum position size. For example if the max. positions size allows you 3 contracts then you can either trade up to 3 ES, 2 ES & 10 MES, 1 ES & 20 MES or 30 MES.

Please note that maximum position size is still subject to the progression ladder.
 
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