Earn 2 Trade the gauntlet

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

  1. Earn2Trade-Ryan

    Earn2Trade-Ryan Sponsor

    Helios got the FCM to reduce broker commissions on micros by $0.34/RT. You can also save an additional $0.30/RT by trading on Finamark for a total savings of $0.64/RT on prior rates. If you're trading micro's just let support know you'd like the discounted rate and let them know if you'll be trading on Finamark for the additional reduction.
     
    #811     Aug 20, 2019
    canoe likes this.
  2. canoe

    canoe

    thanks for the effort! it's not huge but should allow significant savings over the long run when trading the micros.

    also, it seems like you guys released a shorter version of the Gauntlet called Gauntlet mini? i see it on your help page
     
    #812     Aug 20, 2019
  3. Earn2Trade-Ryan

    Earn2Trade-Ryan Sponsor

    It's not released yet - coming soon :)
     
    #813     Aug 21, 2019
  4. Can I trade E-microGOLD on Gountlnet?
     
    #814     Aug 25, 2019
  5. Earn2Trade-Ryan

    Earn2Trade-Ryan Sponsor

    Absolutely.
     
    #815     Aug 26, 2019
  6. Is it compulsory to use stop loss in every trade for trading, at Gountlet , because as a scalper and someone who is looking for more number of smaller trades, stop loss could be a hindrance. Please guide on the same, because I read about this in your rules
     
    #816     Aug 26, 2019
  7. sandeep...it is Gauntlet. You need to spell it right. If you forget...just look at the title of this thread.

    ES

     
    #817     Aug 26, 2019
  8. sandeep...it is Gauntlet. You need to spell it right.

    If you forget...just look at the title of this thread.

    ES

     
    #818     Aug 26, 2019
  9. Ok, yes
     
    #819     Aug 26, 2019
  10. sandeep123,

    I just want to jump in here while you are waiting for Ryan. There are two ways to set up a stop in the Gauntlet. There is a daily loss limit that can be set. Then there is the traditional stop you refer to.

    If I remember having mental stops is not an issue...but what will you do if Trump Tweets that we are bombing Tehran..or if Tariffs go to 50%...or if South Korea acts up and you are long in the index futures?... or in your case short Gold?

    If you are hedged then ok. Using one or two micros per 25k is light exposure and you should be alright. Hedging will reduce your ROR and drawdown.

    Catastropic Stops should not be an issue for your system. And if I were Helios I would demand some variant of the above. The Gauntlet is your proving ground and I personally use daily loss limits (percentage of balance) for my Catastopic stop.

    Es

     
    Last edited: Aug 26, 2019
    #820     Aug 26, 2019