Earn 2 Trade the gauntlet

Discussion in 'Prop Firms' started by caacapital, Jun 25, 2018.

  1. It is about $.805 if you opened the account at AMP with less than 10K (for CQG and Sierra Charts)
     
    #801     Aug 16, 2019
  2. When I called them it was not and their online calculator said I was right. Perhaps an AMP customer can confirm...

    Late Edit: sorry illini I did not see your post..I am a little busy right now.

    es

     
    Last edited: Aug 16, 2019
    #802     Aug 16, 2019
  3. canoe

    canoe

    i use amp with CQG to trade micros right now so i have the daily statements to prove it.

    over 10k deposit, it's $0.74/RT.

    under 10k deposit + lowest volume tier, it's precisely $0.78/RT, not $0.805.

    not sure how you're getting $0.805.
     
    #803     Aug 16, 2019
  4. Pretty simple! I just divide the total commissions and fees that I paid by the number of trades that I made. Ya, I know what they say on the their site but it does not work that way in real time and real trades. The confusing thing is that it is not the same every day. There is always a slight difference. I keep elaborate Excell spreadsheets so I have to adjust the commission on the last trade of the day to keep my spreadsheet account balance in agreement with the AMP live account balance.
     
    #804     Aug 16, 2019
  5. canoe

    canoe

    really? you need to notify AMP, they will fix it for you. i do the same thing as you, i divide the total commissions and fees that I paid by the number of trades that I made. it always comes out to exactly $0.78/RT.

    i've heard of cases before where people were paying commissions that were slightly off. they all managed to get it fixed after informing AMP of their mistake.
     
    #805     Aug 16, 2019
  6. Simply Amazing
     
    #806     Aug 16, 2019
  7. Sooo...do all AMP clients pay the same according to the written rates?

    eS
     
    #807     Aug 16, 2019
  8. world

    world

    Hi,
    I am planning to take gauntlet but i am a swing trader and trades not so frequently..so have below two questions:

    Q1. My understanding about Gauntlet is that I can trade everything available on CME. But need to confirm about what all instruments can i trade in step 2 (simulation) and in live account?

    Q2. What is meaning of 30 days of trading activity? Is it buy+sell on 30 days? Is it either buy or sell on at least 30 days. I belive if it is either buy or sell activity on a perticular day then it will get counted as a trading day (as you allow swing trading)
     
    #808     Aug 19, 2019
  9. Earn2Trade-Ryan

    Earn2Trade-Ryan Sponsor

    Hello @world :

    Q1) Whatever assets you were profitable on during the Gauntlet.
    Q2) You have to open a new position on 30 trading days, not simply closing a trade or adding to / adjusting one.
     
    #809     Aug 20, 2019
  10. I was actually paying $.804 exactly after adding up multiple days of trading. I did contact them as you suggested and they corrected it to the $.78. Just makes one wonder ...........
     
    #810     Aug 20, 2019