Ah, this changes everything. Then I must say you're doing a nice job. You've convinced me to pick you when I decide to try a combine. You should make it clearer the part of the monthly profit, because I know of several traders that came to the same conclusion as me, having each read it independently. Maybe add (if it's not already now) the sentence about the "high watermark".
Only $500 to lose and $2500 to gain... to get $2500 DD in... 2 months... for $350... No thanks Ryan. hahaha
Avoid TST. I have done more than a few combines with them and earned a few live accounts. It is very clear that TST seeks to make money off of their combine fees and has very little interest in seeing traders actually succeed. I have had the opposite experience with Earn2Trade. I have gone through 2 Gauntlets and been awarded a live account on both occasions. I screwed up my first one, but I am positive on the second one after a few weeks of trading. The people I have dealt with at Earn2Trade and Helios are tremendously helpful. I have met some of the Topstep guys in Chicago, and while they do seem nice enough, I really feel like they are not in the business of making traders, but rather just making fees off of the combine. Which is fine, it is a solid business model. I just strongly feel that your chances of actually making it are higher at Earn2Trade/Helios.
Thank you for your advice. I agree with everything you say. I said combine because that's what I call all these challenges from prop firms like the gauntlet, etc. I understand it might be confusing.
Hi Has anyone here progressed further than the original $25k Account Size? If so, how much more? and in what timeframe?. I know all cases are different, but just trying to gauge a timeline of account progression. Thanks
I haven't yet, but I believe they review accounts at the end of each month. I am positive but I still feel like I am getting my footing, so I don't expect nor need an increase in account size. Will keep you updated here though.
Thought I would add my 2 cents, I completed my gauntlet at the start of may and received and accepted an offer of $20000, 10% drawdown and a 70/30 profit split. This was before the improved version was released. I am now on the 2nd stage, the live simulator account which started at $20000 + $349 since I had 0% drawdown on my gauntlet and I believe $149 subtracted for the monthly data fees. I have been trading this account for 7 weeks now and I am up a little above $2000. Any questions I have sent to Helios and Earn2trade have been answered very quickly and clearly. I still have not posted a review on trustpilot since I wanted to wait until I have received my first share of the profits so I could be confident I am not leaving a review that could be potentially damaging to future traders. When/if I complete the live simulation stage and received my $5000 I will leave another update here as well as the trustpilot review, and I also might leave a 3rd review after my first monthly evaluation with Helios. My opinion so far is that the gauntlet is worth a shot, worst case scenario you get 2 months of trading experience and only lose $349, that's pretty cheap market tuition compared to my previous losses I incurred doing this on my own.