Speedup Trader: Fact or Fiction

WES MONEYMAKER said:
So the E2T target is 1750?
And are you saying at 26500 on the 25k acount, you can draw down the daily profit?
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Must be 26750, you can remove the $550 Daily Draw Down, have to re qualify again, then you'll only have to do that if you drop below 25000, or trade too many contracts or leave trade on 10mins after market close.

You can take all profits immediately, >$100 and no charges >$500, LeeLoo had loads of stupid rules.

TopStep, trade over a news release by mistake and your out!
 
Less than 600 to go..
I will have that before Wednesday of next week.
I love this game!
Screenshot_20201203-134241.png
 
Jumped on a move went hard and bust daily limit today, start a new 1 next week, was up nearly $1000 in a week, this week, epic failing, still not much, move to the 50K account deal.
 
Turveyd said:
Jumped on a move went hard and bust daily limit today, start a new 1 next week, was up nearly $1000 in a week, this week, epic failing, still not much, move to the 50K account deal.
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Happens to the best of us. Next week is a new week. New start. Kill it.
But remember, if you set out to kill the market, it will surely shoot back.
You gotta kill it softly. And slowly.
Almost nonchalantly...

What are you trading?
 
WES MONEYMAKER said:
Happens to the best of us. Next week is a new week. New start. Kill it.
But remember, if you set out to kill the market, it will surely shoot back.
You gotta kill it softly. And slowly.
Almost nonchalantly...

What are you trading?
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MNQ mainly, Everything is getting into profit, then spiking against me and hurting badly, but then the profits aren't getting big enough to cover the losses, like they usually do, so I'm trying to hard to get it back in 1 trade, which then just ends up as a loss.

Working the issue, been trading great for 4weeks area, I do this, I either trade nearly perfectly or nearly 100% losers, no inbetween, thought I'd fixed it, but alas nope!!

Back on Demo, until fixed :(
 
Turveyd said:
MNQ mainly, Everything is getting into profit, then spiking against me and hurting badly, but then the profits aren't getting big enough to cover the losses, like they usually do, so I'm trying to hard to get it back in 1 trade, which then just ends up as a loss.

Working the issue, been trading great for 4weeks area, I do this, I either trade nearly perfectly or nearly 100% losers, no inbetween, thought I'd fixed it, but alas nope!!

Back on Demo, until fixed :(
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After a bad loss you must disconnect yourself from your trading. Only seek to take profit on a fourth of your loss. The i want to get it back right now has a failure rate of better than 85%.
Watch your balance. Not your losses.
 
congrats on meeting the target

I am sorry however because I have reasons to believe that speeduptrader is a scam

https://www.forexpeacearmy.com/community/threads/speedup-trader-scam.65086/
https://www.elitetrader.com/et/threads/speed-up-trader-not-worth-it.334485
https://www.elitetrader.com/et/threads/best-prop-firm-for-your-and-time.331832/

unbeknownst to most, they had a black friday coupon, marketed only to spanish speakers (I wonder why?)

the new system, speedup 2.0, uses CQG
however, they publish platform connection guides for logging into AMP instead of CQG

this is a recent review from their trustpilot, translated
My experience with SpeedupTrader is very bad. A few days ago and taking advantage of the offer that Marcello commented on Black Friday, make the payment corresponding to a 50k funding test. My idea was to use TradingView to chart instead of Quantower. They send me the SpeedupTrader user and it seems that things are going well. Then they send me an email to contact the Broker AMPfutures. Opening the account with that broker is not easy for me. I have tried to be in contact with someone from SpeedupTrader and you can only write emails to support and they will answer you at 12 hours. The reply is copy / paste and they don't say anything useful. Apparently there are no other possible ways to communicate with SpeedupTrader. I have tried other ways and I have also insisted by email but anyway. There is nothing to justify such poor Customer Service. The funding test lasts a month and if I still can't get in contact with them to help me make the connection correctly, then I'll lose $ 50. Now, Speedup for me will go to the list of companies that you look at and don't touch, even if they promise you a lot ... anyway
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I was also lured by the discount and signed up. Upon entering an order, the margin for 1 ES contract is 13200 so you cant trade more than 3 contracts in a 50k account.

The account dashboard for the new speedup 2.0 (not tradeovate) does not work, it doesn't update anything.

When I tried to cancel the subscription, it failed. When I changed the url:
Payment/SubscriptionSuccess?success=False
to
Payment/SubscriptionSuccess?success=True
it said Subscription has been successfully canceled.
So I really don't know what's going on.

It is likely that they use funds people paid for their course daytradingacademy and speedup resets/subscriptions to pay for withdrawals. If no one is paying them, theres nothing stopping them from saying no.
 
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