I think some published stats would be helpful. For example: - % of people who pass combine step 1 after 1, 2, 3, 4, 5, tries - % of people who get funded - % of people who have traded and been funded for 1,2,3,4,5,6,7,8,9,10,11,12,12+ months - % average profit per trader in each tranche above I know these stats are probably really bad, except for those traders who survive longer than 6 months but honesty is better than being vague. It lets people know that it's hard.
it is not hard it is impossible....unless you are a perfect trader........that is something they do not advertise.....and why should they...they say pass the test and it is the student who has to decide whether he can do it or not. since 95% ot traders fail that fact means they will make money..... but if you have knowledge and you have lost all our money trying to learn to trade then this is godsend.......for me it is
In my opinion, if you (padu) want to do these stupid gauntlets then do the following: 1. Download ninja trader or metatrader or whatever 2. Diligently trade a single system for 3 months in sim. Keep repeating until you are profitable. 3. Put in a little money and trade for another 3 months. Suggestions for systems you can trade: 1. Single EMA. For example, 8 day EMA, or 21 period EMA 2. Support/resistance on $ES Both of these can be traded successfully if you are consistent (read: boring). Alternatively, once you have been profitable in sim for at least 3 months, THEN review your stats and see if your system naturally works for one of the gauntlets. Then do it in step 3 instead. I believe you (padu) are close. But you are scattered. Get focused. Focus on one thing. Focus on the next 3 months.