After you got funded you and the 10 days past, you are managing your own risk. Meaning: you can trade as you like (you have to obey the scaling rules only), but you are never again allow to hit your balance back to below zero again. So anytime you can ask for withdraw, but you have to keep that in mind the balance is not allow to go negativ. More info could be found here: Futures Funded Trader Scaling Plan ? Help & Feedback Center
Yesterday I was going red again, and I missed the keep the balance in the loss limit. Today I have been realized I was trading one of my demo account. Hm... Luck. (the miss was because of some slipage, but slipage or not, it is not accapteble...)
Anyhow. I have done some research back, and I believe I am getting a clear strategy to how to go forward. So it was a good lesson. I made some research back again random days, market replay, etc... The plan is working. Has some good strong elements, and has some weak, and strutcture understanding. I have identified a lots of not working scenario, which made me happy, also I have been identified a lots of scenarios, where I have realized it was a nice run, but I am not able to catch it...
So we wil see it today in real life... I am still accapting the fact the goal is not to be righ the goal is be conistence, also I am not able to controll the market, I am able to controll my plan, and sometimes it will be good, sometimes it will be not good...
Happened with me. I have asked them to go back to LTP phase. You are going to recieve 2 free round, than you get founded again, and you can have the 10 days with the normal drawdown again.
Speaking frankly this is their money management rules, which helped them to stay positive portofolio whatever happen. So from their perspective it is fine, from your perspective, it is still a protection to dont be stupid like I was:P
Good to see you back and still working towards your goal.
I can't help you with your news indicator you mention on the previous page, and I understand that you want it for being able to see news reaction on the charts. But with one of the things that you mentioned being that you wanted an alert a few minutes before a news event, I use freealarmclocksoftware.com which allows you to program in lots of different events. Each morning I look at the calendar and then tick the alarm boxes for what I want each day, for eg. an alert two minutes before the open, and one hour after the open for the IB, an alarm every Wednesday ten minutes before the crude report etc. Like I say it won't help with your chart analysis but it has kept me out of trouble a couple of times when I lost track of time during the day.
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Thank you for the good words. I am almost ready with my solution. It is not for trading the news, it is simply just keep that in mind, some events is going on, and it could be impacted for the price action. Many many time I missed some news, and it would be nice not only to have an alert, or text, but also some warning on the chart itself. We will see how helpfull it will be, I will upload the first version here for testing in 1-2 hours