Earn 2 Trade the gauntlet

I would actually hope they increase the offer much sooner, remember you have to pay taxes so being able to scale up to at least 5 contracts or so is very important to be able to withdraw a chunk of the profits to pay the bills and leave the other part in the account to grow it.

If traders who generate a nice steady return only have 5K-10K DD they will not stay very long, the only reason to go with a firm like Helios is so you trade much larger size then you would be able to with your own account. If you are "stuck" in a 20K-25K account for a year, why wouldn't you leave when you make 20K? Then you would have your own account with 20K DD and you no longer have to give away 20% of the profits.

I am currently doing a Gauntlet myself so this is not to criticize them, just my opinion. Only way to find out is to get funded

 

So, what’s the allowed leverage/drawdown once funded? Unless it’s unlimited, it’s a joke. I’ll gamble my own money until I can gamble more of someone else’s

 

Depends on the amout you where offerend, margins are the overnight margins so depends on the instrument you are going to trade.

 

As someone else stated, depends on your performance. From a legitimate prop firm perspective it didn’t make sense for Helios to fund someone the same who barely passed and had a horrible drawdown the same as someone who had no drawdown and made 4x as much.

Helios is willing to fund traders up to $1MM if they continue to demonstrate consistency when live.

 

Doesn’t answer my question though. Will you allow unlimited drawdown, and intraday margin guidelines?

 

It’s possible Helios would, yes. I can’t guarantee it. Would really depend on performance. It would also be not “unlimited” but possibly a 100% max DD.

 

I have some questions regarding the Guantlet.

Can i have maximum drawdown, assuming that is $2500, as my intraday drawdown? I am always a sore loser and not take losses easily.

Is Rtrader free in the funded stage?

 

Rtrader is always free, unless you use Rtrader Pro.

Max offer is 25K with 20% DD, at least i think so.
Correct me if i am wrong Ryan.

 

Correct. RTrader Pro is free too when funded, other than the per contract commissions.