Man that sucks. Did you have to cough up $12,000 each time you did it?? Or do they have something similar to funded programs where you can pay for a reset?
the way they calculate their consistency rule is you must achieve at least 50% of your highest trading day for 8 days in order to complete the challenge. So having a huge day of $6,000 can ruin the whole thing. If you are used to making $500-$1,000 per day, it would be much easier to complete the challenge. But a big day like I explained would require you to have eight more days of earning $3,000 each day. This happened to me and ended up unable to complete it.
I think its a regulatury issue, otherwise the market was full of companies that allows Options trading. Just think how much money this companies making now with futures from all the "challanges" , i guess with options levarge they could make a lot more
You can check out Alkaline Capital if you are still looking. Been trading with them for a while and have had a good experience
Cool!! What's their process like? Is it pretty straightforward rules? Do they do options as well? Feel free to DM me if you like.
I did look at them and received an application. I could do with them but they don't provide much capital or leverage for options held overnight. I swing options, that's my bread and butter.