santom 

It just takes one bad trade to blow up the account, take it slow and thats my plan as well. Interesting that I had encountered similar issue in Leeloo funded account as well My first account was 100k -3000$ limit plan and in 3rd day, My account was up 2200$ or so and I remembered I was trading $GC with 3 contracts or so, I got similar message after 12 ticks loss even though my stop was at 18ticks or so. I am not sure if my position was closed but I believe Leeloo might have moved my account back to sim from live due to my risky loss trades, not planning to size in again on minis till my account has enough buffer.

Absolutely....and I think they copy your trades 1:1 into a live account and care about possible slippage and other issues, or they can switch you to a CQG live account (that's up to them, according to the fine print in their paperwork)....

However, I'd be fine with any of these solutions as long as the trader has no disadvantage and they process the withdrawals smoothly.

Hi @santom, just curious how things are going.

Did you take any trades in your new account this week?

santom 

Hello Guys, I recently passed Leeloo's evaluation and will be getting my funded account early next week. This will be my second Leeloo account and hope to work with it longer duration this time. I traded more contracts in my first funded account and lost my first account in a few days. Since the earliest i will be able to withdraw is end of September (due to min. 30 trading days restriction), plan is to have fixed gain/loss per day and grow the account for next 1.5 months. This journal is to track my journey with this account and will update the results daily how it goes!

Good luck Santom!

Looking forward to seeing how you progress. I've tried the $50k 8 Contract a couple of times. I make it about a week or so then blow up the "rising trailing max drawdown".

cerebraltrader 

I make it about a week or so then blow up the "rising trailing max drawdown".

Well, that is one of the evil rule on OneUptrader, Earn2trade, and with Leeloo.

At least Topstep is good on that part except2 steps.

Or do an Earn2Trade Classic Gauntlet... no trailing drawdown there.

iqgod 

Or do an Earn2Trade Classic Gauntlet... no trailing drawdown there.

Thanks for the push and the advice. I'll look at Earn2Trade.

chipps1983 

Well, that is one of the evil rule on OneUptrader, Earn2trade, and with Leeloo. At least Topstep is good on that part except2 steps.

Good to know. I'll look at these. Thanks!

Re: the trailing drawdown.... Leeloo only trails until it reaches the opening account balance right?

I am in TST step 2 and OneUp... TST drawdown is nice as it calculates at end of day... no intraday high trails.

The others seem to have intraday trails from highest potential profit, which is rough on me mentally. The thought of having a +$1,500 trade stop out at +1,200 isn't as bad as remembering that your trailing draw is based off the $1500... so it just got $300 closer to you. It feels like I need to run from it.

With OneUp, the trail stops at your opening balance.... I am sitting at $256,347 after 4 days. I have a $5,500 drawdown and auto liquidation @$250k... which means I've officially outrun it. Now I just need to stay away from bad trading habits.

//Doyal

I'm looking into funded accounts as well. Glad you guys have some experience which could help me out with making a decision. I'm stuck choosing between TST, Earn2trade, and One up at the moment.

Aries86 

I'm looking into funded accounts as well. Glad you guys have some experience which could help me out with making a decision. I'm stuck choosing between TST, Earn2trade, and One up at the moment.

There's pros and cons to all of them, I've at one point tried them all. This isn't an exhaustive list of pros and cons, just my opinion of what I liked/didnt.

TST - They have a good presence online, meaning the CEO regularly answers questions on this forum, in the facebook group, etc. They put out Youtube videos, have a podcast etc. Sure, a lot of that is salesmanship, but I think there's value in it as well. It doesnt make it any easier to pass, but you at least feel like they are a real company (compared to LeeLoo below) Active community on facebook if you have questions, want to mingle with others going thru the combines. I like their dashboard, easy to see what the rules are you have to follow, where you are at. The 1 big negative for them imo is the 2 step evaluation. Everyone else is basically 1 step, then funded. TST its 2 steps, then a pro account, then funded. (you can skip the pro account part), but still. Lots of opportunities to fail I guess. As well for example in the $150K account, you have to make $9K step 1, then $9K again step 2. All the others it would just be $9K period. All that said, I actually like TST the best by a slight margin.

E2T - 2nd favorite, they have more educational content so for someone looking whose new to trading, which I suspect 95% of the people are who sign up, they have it right there on their site. 1 step, and often run deals. If you go E2T definitely wait for a promotion because they happen monthly. Their free trading platform Im not a fan of, i forget honestly the name of the product but i found it pretty tough to use. Rithmic and Rtrader is okay, but unless you have your own program you use, i find their free trading options pretty tough. So overall, easier rules with just 1 step, just 1 $9K for a $150K account.

OneUp - I cant speak to this one, I only used their demo/sim account (not the trader tryout, whatever the names are), so I can't speak to it other than it seemed professional and they were quick to get me set up with a rithmic account.

LeeLoo - You didnt mention but figured I'd round out my experience. Much cheaper option but they sketch me out a bit. How I mentioned how TST has a nice online presence, LeeLoo has the opposite. Their YouTube channel is weird videos from the founder on their ranch. When you do pass you dont actually trade a funded account, its still sim and they mirror your trades? All that said, the reviews Ive read I havent found anyone saying they arent trustworthy, maybe just not run very professionally. Their payout requirements are their biggest downfall I think. I dont want to explain it all its on their site but basically when you get funded you are capped on how much you can withdraw the first while. So you could make $10K in a month and nope, you get to withdraw $1K max, which again, little sketchy. (edit: it might be $2K, honestly I don't remember. and you don't lose the rest of your profit, you just cant withdraw it until a future month. As well withdraws are only once a month, where i believe everyone else its when you want and they are processed weekly, I'm 95% sure).

All that said, Im in TST $150K combine now, Step 2, several days in. Blown several accounts along the journey, all my own experimenting and learning, a few stupid mistakes along the way. If you are 100% newish to trading I'd lean towards TST for a new user experience, easy to use trading platform (Tradovate option) and good support from them and the community.