Goal is to withdraw 410,000$ within 7 months The funding phase (Test) is the most difficult, Should take 2 months but I am trying to keep it to 1 month. I feel pretty confident about being able to generate 250$ per day in average. However for the funding phase, my goal is twice that amount or 500$. It takes 2 months to get funded and build up the cushion. 9,000$ Profit to get funded and 5,000$ to build the cushion. That's 14,000$ in two months or an average of ~333$ per day. With the first payout I plan to buy 19 other 150K combines, Should take 2 months to get funded + build the cushion. Meanwhile I should withdraw about 2,500$ x 4 Payouts are 2,750$ max, every 10 active days for the first 3 months. Goal is 250$ per day in average x 10 is 2,500$ x 20 accounts is 50,000$ After 3 months I should be able to withdraw the cushions (5,000$ x20) The combine cost 297$ but there's often 80% or 90% discount. Once you're funded there is a 85$ fee every month for each account. Mainly doing this thread to document my progress, Be as transparent as possible in case I have an issue with them. I'll likely fail on my own. But anyway ^^ Would be great to prove they're legit to payout 410k Currently ... I trade like shit lately, Huge drawdown then climb up to 500. Goal in testing phase should be 1,000$ to average ~500$ per day. But I can't reach a thousand ... Might take longer than a month to get funded. Let's see. Slow Rich vs Fast Poor. The problem is I trade too much size for too small targets. Focus is on CONSISTENCY against wrongdoing !
Today Again ... Huge drawdown then climb up. Took a position on NQ for CPI and got whipsawed. Lesson learned.
Per %Risk, # of consecutive losses it takes to halve an account 1% -> 68 2% -> 34 3% -> 22 4% -> 16 5% -> 13 … 10% -> 6 I am trying to risk 10% of my DD per day, By spreading it around 5 bets of 2%. 2% of 5,000$ isn’t much (100$) 2ES or 5NQ points Lose or make 10%
Some more romance until the ship sinks Trading is a game of points. Take points they give & Give points they take. A weak player Takes a few points & Gives a lot A strong players Gives a few points & Takes a lot The strong player might takes 6/10 from the weak The weak player might takes 2/5 from the strong >>> 6-2 for the former player. The best opportunities arise when strong players meet weaker ones. … Traders have only two problems … Add or Remove exposure & Long or Short. Low conviction causes them to flip from side to side. The most consequential variable being the exposure. … Tight players play fewer hands, They fold the good, the bad and the ugly. Tight players can’t allow themselves to be passive, They are either tight (Fold) or agressive (Raise) They fold, raise or call a raise at each turn.
Some fills but my system gets really buggy when NQ is wild ... Orders take time to process ... Really scary xD You can see the Buggy Laggy gap ... Went mostly long Missed 4/5 of the move Because I'm used to take small profits :/ NQ was behind the ES and YM Ended up first place straight out of the open. Today ... Happy about my risk management, Didn’t take much heat on the downside Should have pushed my winners farther. What matters isn’t what happens, But how we deel with it.
Oh man, that's scary, i wouldn't want to be on the wrong side when one of those freezes or laggs happen. Do you know the cause?
Good question … I don’t have the best internet connection to begin with. I might limit the number of update (messages) per second that the platform receives. I did set the max (around 80) for the DOM because it’s my main tool but looks like I can’t afford myself this luxury. I don’t think it’s my CPU, RAM or anything. Gotta check the usage though but I don’t have much open. Fans aren’t spinning much. It’s an old T470 i5 with 8GB ram running Windows 11 but without too much bloatware. 2 NT charts and 1 Rithmic DOM No browser tab … No screen recorder. No nothing. I have some concerns about the quality of APEX server because it’s the weirdest feed I’ve ever seen among Earn2Trade, TT and Denali.