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I am not going with micros, in my opinion some of the funding companies offer better value than going with micros.
50 ES points DD with OneUP vs 30 ES points DD with micros.
I might change my mind after this attempt, but probably not. I still have a lot of confidence in my system and i know my results should be similar to the results of the second Gauntlet.
The only major downside with OneUp is the trailing draw down on open equity. If TraderDock would have offered any other platforms than TT, they would be my first choice.
Can you help answer these questions from other members on NexusFi?
Omg thanks for letting me know I am so disappointed if it is true they do not (almost) offer the 20% DD anymore your performance was superb I wish they could up it to at least 15%, and pending review of your SIM time, go up to 20% if you again perform as well.
I've been really tired and busy here after main computer broke down (I lost all my indicators and cant get any of those anymore since they were really unique) I've been manually charting on all my timeframes... and it keeps me occupied so I only have time to drop by on weekends to check your thread
ps: GL with oneup. I am thinking if I do get funded with e2t the best thing to do is make as much in first few months and then go solo fast with discount brokers like AMP since they only ask $40 margin to daytrade 1 MES (micro ES) lmao.
OneUp Trader, before even beginning, is reluctant to pay out. Consider their payout structure.
Under OneUp->FAQ->Funded Traders Rules and Guidelines->Profit Info note what it says under
Profit Split
Receive a generous profit split between the trader …
Nothing special really, with some other companies you have to survive the draw down limit 3 times before you can take out any profit. You can also get up to 50% of the withdrawal threshold in you close the account, depending on how long you had the funded account. After the withdrawal threshold you do get $8K 100% and 80% split after that, so i don't see the problem?
The withdrawal threshold is a one time thing. It means you can not withdrawal below it. So if you have a withdraw threshold of $3K you can only withdraw the profit you make above this threshold.
Anything above it is yours to withdraw, first $8K is 100% and there after 80%, unless of course you go for the 50% split.
If you close the account you can get up to 50% of the withdrawal threshold depending on the time you had the funded account.
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