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TradeDay - anyone using them?


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TradeDay - anyone using them?

  #21 (permalink)
VirtualMark
Birmingham, United Kingdom
 
Posts: 75 since Jul 2022
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jackbravo View Post
Sup folks. I've passed the challenge (finally) for Tradeday. Starting funded account. Will post my experience after a withdrawal (if I don't break things).

Good luck, take it slow and please keep us updated if you get paid out.

Mind if I ask how you passed? Any particular strategy you followed? Any rules you found tough?

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  #22 (permalink)
 
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 jackbravo 
SF, CA/USA
 
Experience: Beginner
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VirtualMark View Post
Good luck, take it slow and please keep us updated if you get paid out.

Mind if I ask how you passed? Any particular strategy you followed? Any rules you found tough?

Complicated answer. Basically I just trade with trend, with various setups that create higher lows or lower highs. Check out ICT

"It does not matter how slowly you go, as long as you do not stop." Confucius
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  #23 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 644 since Apr 2015
Thanks Given: 2,342
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When I made a few posts on the first page of this thread, it was only really with general chat about funding companies. I had no experience of dealing with TradeDay. I have now, so am just updating the thread with it. Encouraged by what I'd read of the company and by my early contacts with their "Support", I tried the Trade Day "Beginners Program" (nominal $50,000 account evaluation) late last year.

To put it mildly, I had no complaints about them at all and was actually very impressed: they were efficient, friendly, supportive, fast-moving and a pleasure to deal with. So far I dislike nothing about this company and there are many things I like a lot (anyone familiar with my general posts about funding companies might appreciate that coming from me, this is high praise).

Unfortunately, at that point I was really ill, stressed, exhausted, inattentive and plagued by frequent hospital appointments. I traded about the worst I've ever managed, got nowhere, was in loss as I was approaching the end of the first month, and decided to take a break until I'd sorted out my health/medical problems as much as I could. None of this was TradeDay's fault, obviously, but in the circumstances I didn't continue my subscription. Cancellation was very easy.

They've stayed in touch and sent me a good discount-voucher. My situation's somewhat improved now and I've decided to give it another go. I'll start soon and this time will try their "Advanced Program" - nominal $100,000 account evaluation - trading slowly/gently with only tiny position-sizes: probably 1-to-2 micro-lots (up to 4 mini-lots/40 micros are allowed). The profit-target is $4,000 with a daily loss limit of $1,000 and an account loss limit of $3,000.

I don't promise to trade any better, but will update this thread again, either way, with my experiences/results.

No "Journal" planned because maintaining one would be an inconvenient imposition on me, and there's absolutely no prospect of anyone else benefitting from it. Or indeed "benefiting," as you normally spell it across the pond, I've just learnt (or "learned").

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  #24 (permalink)
 
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 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
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Tymbeline View Post
When I made a few posts on the first page of this thread, it was only really with general chat about funding companies. I had no experience of dealing with TradeDay. I have now, so am just updating the thread with it. Encouraged by what I'd read of the company and by my early contacts with their "Support", I tried the Trade Day "Beginners Program" (nominal $50,000 account evaluation) late last year.

To put it mildly, I had no complaints about them at all and was actually very impressed: they were efficient, friendly, supportive, fast-moving and a pleasure to deal with. So far I dislike nothing about this company and there are many things I like a lot (anyone familiar with my general posts about funding companies might appreciate that coming from me, this is high praise).

Unfortunately, at that point I was really ill, stressed, exhausted, inattentive and plagued by frequent hospital appointments. I traded about the worst I've ever managed, got nowhere, was in loss as I was approaching the end of the first month, and decided to take a break until I'd sorted out my health/medical problems as much as I could. None of this was TradeDay's fault, obviously, but in the circumstances I didn't continue my subscription. Cancellation was very easy.

They've stayed in touch and sent me a good discount-voucher. My situation's somewhat improved now and I've decided to give it another go. I'll start soon and this time will try their "Advanced Program" - nominal $100,000 account evaluation - trading slowly/gently with only tiny position-sizes: probably 1-to-2 micro-lots (up to 4 mini-lots/40 micros are allowed). The profit-target is $4,000 with a daily loss limit of $1,000 and an account loss limit of $3,000.

I don't promise to trade any better, but will update this thread again, either way, with my experiences/results.

No "Journal" planned because maintaining one would be an inconvenient imposition on me, and there's absolutely no prospect of anyone else benefitting from it. Or indeed "benefiting," as you normally spell it across the pond, I've just learnt (or "learned").

Good to hear that you're better, and also that you have liked the company.

Keep us updated, but only as you can or feel like doing.

Bob.

------------------------

Over here, I know that we don't say "learnt," although the "benefitting" / "benefiting" difference is new to me (I think I would normally have written it as "benefitting", with two "t's", but I'm not sure. My fingers do my spelling, as a rule. Another one is "whilst", which I am quite sure I have never said in my life. It's an interesting language we speak, more or less jointly, in all its variations.

When one door closes, another opens.
-- Cervantes, Don Quixote
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  #25 (permalink)
 
Tymbeline's Avatar
 Tymbeline 
Leeds UK
Market Wizard
 
Experience: Intermediate
Platform: Tradovate
Broker: Tradovate
Trading: MES, MNQ
Frequency: Several times daily
Duration: Minutes
Posts: 644 since Apr 2015
Thanks Given: 2,342
Thanks Received: 1,054


bobwest View Post
Keep us updated, but only as you can or feel like doing.

Thanks, Bob. Will do.

I was just about to start again, but realised that February's the shortest month of the year, and as I didn't know whether the subscriptions work on a 30-day or a calendar-month basis and wanted to avoid including 5 weekends in my first month's payment, I asked their Support if it might be better, in the circumstances, to wait until Monday. I got an immediate reply helpfully advising me to start next Tuesday instead (which I will) because Monday is a public holiday over there (President's Day).



bobwest View Post
My fingers do my spelling, as a rule.

I know what you mean: "muscle memory", I think they call it. I discovered that one only because - to my surprise - my (U.S.) spellcheck challenged my original spelling with the double "t". All those words with endings you spell "-ize" and we spell "-ise" I generally leave unamended. I don't think I've ever used the word "whilst", either, though I've certainly seen and heard it used, over here.

We're "two countries divided by a common language", as the playwright George Bernard Shaw said.

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  #26 (permalink)
 Futures Operator 
New York, NY
 
Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker: Amp-Rithmic/TT, IB
Trading: CL, GC, NQ
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@Tymbeline ,
@Mordecai , @whuffo ,
@VirtualMark, @jackbravo ,

Those who continued with tradeday, and also those who were funded, how did it go?

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  #27 (permalink)
mantaskon
Vilnius, Lithuania
 
Posts: 33 since Jun 2023
Thanks Given: 22
Thanks Received: 31

I passed their evaluation last week and just sent in all of the paperwork to get my funded account set up. It's a real funded account so might take a few days to a week I imagine. Will let you know how long it takes to get access to trading as well as any other interesting bits. So far - great experience. Very straightforward.

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  #28 (permalink)
mantaskon
Vilnius, Lithuania
 
Posts: 33 since Jun 2023
Thanks Given: 22
Thanks Received: 31

Got my live funded account with TradeDay set up today. So it took about a week. Not in a rush to blow it up so that's fine.

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Last Updated on June 24, 2023


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