My attempt to earn a funded account with Earn2Trade

nooby_mcnoob · Jul 10, 2022

Lucas_Paul said:
nah, my feelings are not hurt (even with all the offense,lol). I blame social media in general

a multi billion fund would allocate a 100M to you, i'm sure you won't have a capacity problem there. You'd be making 7 figures every year for yourself without even risking your own money.

nice call on btc. Can you do SPX now?
Consistency matters. If i'd value you, i'd need a result from like 1000 trades. Then i'd see your position sizes, open drawdowns etc. Like actual trades.

And i'm encouraging everyone to start a journal and post live calls. You'll learn much about yourself and others see the results of your work. If you're good, you'll be picked up in no time, now who wouldn't want that
Everything else is just fake flexing and wasting time, imo. (This wasnt directed at you, so dont get upset again)
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You're still struggling to explain: why on earth would I care what you think?

oraclewizard77 · Jul 11, 2022

There are many part time jobs where you can make money or get a full time job and trade on the side with futures or Forex overnight.

With automated stops and targets, once you enter a position, you should have free time. There is no need to be trading all day long.

Create times when you can earn money working this will also decrease the stress of needing to win.

The goal is to win over time. Right now I am slowly accumulating a position in Cryto which I expect to go back up the previous highs. I can use the money I make having a full time job to do this. I don't need to day trade it. I can put in money every week or every month depending on price of ETH and Bitcoin.

Laissez Faire said:
I never said you should quit or give up.

I said you should set yourself up for success as a trader and make sure you at least have a fighting chance.

Two scenarios (where you already chose scenario A):

A. Quit your day job. Have a few thousand (!) in your trading account. A rolling evaluation with a get-funded firm. Probably not much savings to cover living expenses.

The most likely scenario is that you'll burn out your savings fairly quickly and blow your account OR not make enough to "make a living". When you're in a position where you HAVE to make a KILLING in order to make a LIVING you're very likely to compound mistakes and take too much risk.

B. Continue trading part-time with small size or even in a simulator while holding a day job. Continue learning. Continue saving money. Accumulate enough money and savings that eventually it doesn't make sense to have a day job.

You're taking route A because you want succes NOW. You feel you deserved it. And it's about time to start reaping the fruits of your labor. I get that. I've been there too.

The sad thing is that taking route A will most likely keep you frustrated and running in circles not really going anywhere and just wasting money.

Taking route B is the fast track. It's just not as fast as you want. If you took that path you could be looking at a nice account by next summer and hopefully increased confidence in what you're doing. But if you're burning up those money now, you're just putting yourself further away from your goal. Broke, with no income and desperate to fund a new trading combine.

PS: I've been full-time many times myself. Mostly undercapitalized each time, so I speak from experience. I want to quit my job, too, but I know that with my capitalization it's not something that would be wise to do.

PPS: With markets trading 24/7 there's really no need to quit my job in a long time either as I can both trade and work. Exhausting of course, but who said getting rich was easy.
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Lucas_Paul · Jul 11, 2022

nooby_mcnoob said:
You're still struggling to explain: why on earth would I care what you think?
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that is true. I am struggling.

but good luck on your journey. I mean well. Cheers.

nooby_mcnoob · Jul 11, 2022

Lucas_Paul said:
that is true. I am struggling.

but good luck on your journey. I mean well. Cheers.
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Generally when people explicitly say they mean well, it's the opposite lol

Lucas_Paul · Jul 11, 2022

nooby_mcnoob said:
Generally when people explicitly say they mean well, it's the opposite lol
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well, i meant it.

I don't have time for these games.

SelfMadeDude · Jul 11, 2022

EOD JULY 11

** First day with "5PT SL BRACKETS" on the MES **

Lucas_Paul · Jul 11, 2022

SelfMadeDude said:
EOD JULY 11

** First day with "5PT SL BRACKETS" on the MES **

View attachment 288936
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Hey Self, a question.

You are trading the 150k account on E2T?

why did you choose that instead of a 25k account? (sorry if it's a stupid question, i'm new to these "pay to play" challenges.)

SelfMadeDude · Jul 12, 2022

EOD JULY 12

Big AAPL · Jul 12, 2022

Nice to see your losses are being contained. Best of luck!

SelfMadeDude · Jul 13, 2022

EOD JULY 13