Yes, take a look at the other thread mentioned, or simply Google that......its public knowledge.
Trying to Manage these Trading Combines. Anyone else?
- Thread starter legionx
- Start date
Yes, take a look at the other thread mentioned, or simply Google that......its public knowledge.
Hello Marketpro,
We have made multiple statements about this actually. Firstly, he was not indicted for anything. An indictment is when you are charged for a criminal offense. His charges are for a civil matter completely unrelated to Earn2Trade. At the time of the allegations, he wasn't the CEO nor had he any ownership share of Earn2Trade.
I did!!! I passed Apteros, after 3 months of battling with myself.
My Hercules heel was reaching 4k-5k and losing big the next day and the next. What I mean
big is 1k to less than $1500. Daily Loss Limit is $1500. There were no resets but there was a
close call when after reached around 5k balance, I had losing streaks until I only had around
2k to spend and that's half of my maximum drawdown. I noticed my complacency problem
when I was up a considerable amount. I just hope I quelled that. My complacency included
bad habits like trading 3 lots instead of 1-2. Sure it's nice to trade more lots but only if I am
having a very good day and if the trade does not work out I will still be profitable. The Most
lots I could have traded with NQ was 3 lots due to their CME type margin requirements. Just
so you know, once I placed a trade on the Ninja Trader platform, my stoploss is automatically
set. Without Stoploss perhaps I could have traded a max of 6 lots on NQ? Dunno, never tried
it
.
Frustration kicked in and so I was trading Silver, GC, RB and the Dow. On the Dow, I can
trade 5 lots put it's not what I really trade. The feeling of being up on the account 1k, 2k, etc
and to know that if you blew that, you have 4k to work with. This 4k can increase in the live
account once a trader shows good Moneymanagement and consistency which I am aimed to
do. I honestly think from a psychological experience that trading without the trailing gave me
some kind of solidarity. I can assess and evaluate my performance better, I can plan better
and on a volume velocity day, I can just try to make as much as the market can give me. I
also can say if my personal daily Loss Limit was $500, I think I would have hit the target
within two months. I had a one on one conversation with Mr. Merritt Black and my live account
should be in a few days. I posted that I made $7700 in one day. I do not think I could have
made that if the account was trailing fyi. BTW, I am not with Earn2Trade anymore due to bad
money management skills. I recently got my live account with Speed UP again, their
customer service skills need some revamping. I am up $400 on the SpeedUp but down $500
on the Trailing. I really despise this trailing nonsense but it is what I bought into. No plans
for FTMO right now. Just developing the mindset of trading these two accounts and
to stay funded and steadily grow after all Mr. Black stated it's a marathon.
My Hercules heel was reaching 4k-5k and losing big the next day and the next. What I mean
big is 1k to less than $1500. Daily Loss Limit is $1500. There were no resets but there was a
close call when after reached around 5k balance, I had losing streaks until I only had around
2k to spend and that's half of my maximum drawdown. I noticed my complacency problem
when I was up a considerable amount. I just hope I quelled that. My complacency included
bad habits like trading 3 lots instead of 1-2. Sure it's nice to trade more lots but only if I am
having a very good day and if the trade does not work out I will still be profitable. The Most
lots I could have traded with NQ was 3 lots due to their CME type margin requirements. Just
so you know, once I placed a trade on the Ninja Trader platform, my stoploss is automatically
set. Without Stoploss perhaps I could have traded a max of 6 lots on NQ? Dunno, never tried
it
. Frustration kicked in and so I was trading Silver, GC, RB and the Dow. On the Dow, I can
trade 5 lots put it's not what I really trade. The feeling of being up on the account 1k, 2k, etc
and to know that if you blew that, you have 4k to work with. This 4k can increase in the live
account once a trader shows good Moneymanagement and consistency which I am aimed to
do. I honestly think from a psychological experience that trading without the trailing gave me
some kind of solidarity. I can assess and evaluate my performance better, I can plan better
and on a volume velocity day, I can just try to make as much as the market can give me. I
also can say if my personal daily Loss Limit was $500, I think I would have hit the target
within two months. I had a one on one conversation with Mr. Merritt Black and my live account
should be in a few days. I posted that I made $7700 in one day. I do not think I could have
made that if the account was trailing fyi. BTW, I am not with Earn2Trade anymore due to bad
money management skills. I recently got my live account with Speed UP again, their
customer service skills need some revamping. I am up $400 on the SpeedUp but down $500
on the Trailing. I really despise this trailing nonsense but it is what I bought into. No plans
for FTMO right now. Just developing the mindset of trading these two accounts and
to stay funded and steadily grow after all Mr. Black stated it's a marathon.
Attachments
@marsku when it came to the rules, I only focused on maximum drawdown and the daily loss limit. There was a mistake I made in forgetting that I needed to close my position early on the Wednesday before thanksgiving day. One of those holidays. I thought I was disqualified. As for commissions and all that, I will not say. I thought about the duration of the payout and I said to myself that I still have my day job.