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Earn2Trade (Helios) - "The Gauntlet"


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Earn2Trade (Helios) - "The Gauntlet"

  #71 (permalink)
 RDK91 
Antwerp
 
Posts: 455 since Jun 2016


skfutures View Post
I got a email from the Earn2Trade.
They made a rewards for becoming the funded trader.

Everyone should definitely check the website.

They only reward you with a refund if you manage to make 20% with a maximum draw down of 5%.

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  #72 (permalink)
 skfutures 
North vancouver
 
Experience: Beginner
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Or 40% with 10% drawdown

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  #73 (permalink)
emini2000
Atlanta GA USA
 
Posts: 285 since Aug 2013
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skfutures View Post
I got a email from the Earn2Trade.
They made a rewards for becoming the funded trader.

Everyone should definitely check the website.

Yes, if you reach 5k total profit with no more than a $1250 drawdown for the Gauntlet.

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  #74 (permalink)
 Alexawl 
FORT LAUDERDALE
 
Experience: Intermediate
Platform: NT8/tradovate
Broker: Ninja Trader
Trading: ES Emini
Posts: 18 since Dec 2018
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Northernlimit View Post
Since you asked I spoke with one of the people at The Gauntlet. Here is the feedback IMHO:



There are only 2 benchmarks for funding: 1 trade trade per week, minimum; and 10% return over 2 months. If you achieve that you are guaranteed funding. They assume you are a professional trader...by this I mean that you explain your approach, your expected drawdown, instruments traded, and trading style BEFORE you begin. In this way no ones time is wasted, unlike Topstep or 1Up. They actually fund 25k in margin unlike the phony money amounts Topstep and 1Up use and they are more forgiving of drawdowns unlike the 3% or 4% drawdowns at TopStep/1Up. The key issue as a professional is that you must stay within the benchmarks that you have defined for yourself as part of your strategy, you can't just experiment trade. Like everyone they are looking for consistency and if all goes right you actually get 25k in your funding account.



To me it's a much better deal than TopStep/1Up...the guys are friendly and helpful and pro traders.



IMHO, compared to TopStep/1Up it's a better deal, cheaper to participate, and ultimately more honest than the others. There are many complaints about Topstep/1Up but I find most complaints revolve around either newbies wasting money not knowing what they are doing or pros frustrated with the artificial restrictions (which are put in place by Topstep/1Up to protect their capital from the newbies who are lucky enough to pass); so for pros I would seriously consider The Gauntlet and if you are a newbie instead of wasting time and money floundering consider paying for the earn2trade course.



I have no vested interest in promoting The Gauntlet; I don't know them, and I have never been funded by them.



Hi, was wondering how it went with them? Did you get funded?...


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  #75 (permalink)
Northernlimit
Toronto Canada
 
Posts: 53 since Jan 2017
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Alexawl View Post
Hi, was wondering how it went with them? Did you get funded?...


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I have never applied for funding...I can't guarantee that I would make 1 trade per week. My strategy is a daily swing program with a holding period of a few days to a few weeks, so while I might have open positions every week but not necessarily a new trade. With my style I would be over-trading if I did that, which is obviously counter-productive. And of course I asked them about a "fake" trade, inputting a trade then selling it a few minutes later to get over the hurdle, and they would not bend on that; also it's not an "average" number you can't have 2 trades one week then zero the next and average them out to 1 per week.

While I don't agree with it, I understand their rationale in driving consistency and eliminating a lucky few trades, but as professionals I think they could see past those strategies that game the test rather easily, but it is what it is, so I think their requirement is better suited to an intraday approach.

For those in my position I would recommend Collective2 as an alternative.

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  #76 (permalink)
 RDK91 
Antwerp
 
Posts: 455 since Jun 2016


Alexawl View Post
Hi, was wondering how it went with them? Did you get funded?...


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If you have any questions about the process, i recently passed my Gauntlet and now i am waiting for my funded account.
Check my journal for regular updates:


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  #77 (permalink)
 Alexawl 
FORT LAUDERDALE
 
Experience: Intermediate
Platform: NT8/tradovate
Broker: Ninja Trader
Trading: ES Emini
Posts: 18 since Dec 2018
Thanks Given: 73
Thanks Received: 18


RDK91 View Post
If you have any questions about the process, i recently passed my Gauntlet and now i am waiting for my funded account.

Check my journal for regular updates:






Thank you, I will be looking into them.. I am tire of paying Topstep to follow their almost impossible drawdown rules...


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  #78 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
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Hey guys,

Some recent news from Earn2Trade to share (I am quoting their press release below):


Quoting 
We are happy to announce a partnership between Earn2Trade and Journalytix. Earn2Trade Gauntlet™ participants will now have access to Journalytix trade analytics to help them maximize the returns from their trading efforts.

The Gauntlet™ is a 60 day trader examination that leads to a funded account at Earn2Trade’s Proprietary firm partner. Traders must meet a 10% profit target without exceeding a 10% drawdown limitation in a 60 day trial and if successful go on to be given a funded trading account. The Gauntlet™ provides a flexible environment for traders by permitting trading at all times, including overnight trading, with no trailing drawdown restriction.

Journalytix is the next generation automated trade analytics and journaling tool with a built-in real- time news feed. The tools reveal patterns in trading data that help traders understand what’s working for them and what isn’t. Traders not only get up to the minute analytical information about their day in terms of both P&L and Risk, they also get a heads up in terms of both scheduled economic releases and market moving news, tailored to events that are likely to impact their trading.

This partnership is geared towards giving Earn2Trade Gauntlet™ candidates an increased probability of passing and earning a funded account. “By integrating Journalytix directly into the Gauntlet™ dashboard, our candidates will have an unprecedented level of analytics available at their fingertips, at no additional cost.” remarked Ryan Masten, Founder of Earn2Trade LLC.

This partnership will help candidates in terms of having the tools to recognize and maximize profitable trading behaviors, and also to avoid getting caught offside when the market switches from technical to news-driven. Peter Davies at Jigsaw commented “The Gauntlet™ is an amazing way for traders to disconnect themselves from the limitations of their own account balance. With this partnership, existing Journalytix users will benefit from continuity in their trading analytics as they move through the Gauntlet™ and beyond”.

To celebrate this event, Earn2Trade are offering a special 20% discount to Jigsaw/Journalytix customers. Simply click this link to learn more.

The link mentioned is here:
https://www.earn2trade.com/gauntlet?discount=jigsaw&a_pid=jigsaw

I think it sounds like a positive move for everyone. Both Earn2Trade and Jigsaw Trading (Journalytix) are site sponsors of futures io as well, and I'm glad to see them teaming up to encourage users to journal -- and by extension, improve their trading performance. As you guys know, I am a huge believer in journaling!

Mike

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  #79 (permalink)
 
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 dyst 
Singapore
 
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skfutures View Post
Or 40% with 10% drawdown

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not true. once you hit 10% DD you are disqualified. So max is actually 9.9%

Numbers work... Magic lies in the numbers
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  #80 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,463 since Jun 2009
Thanks Given: 33,239
Thanks Received: 101,662


Hey guys,

@Earn2Trade recently released their new Gauntlet Mini and I received an email with a few details, so I wanted to share it here for those interested in this new program:










Direct link with the coupon code attached:
https://www.earn2trade.com/gauntlet-mini?discount=gmini25bt

If you have questions about this new service, please direct to @Earn2Trade on their AMA page:


Mike

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