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My attempt at a funded account with OneUpTrader


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My attempt at a funded account with OneUpTrader

  #71 (permalink)
 contrax 
Guadalajara + Jalisco/Mexico
 
Experience: Beginner
Platform: NinjaTrader
Trading: ES MINI
Posts: 50 since Dec 2016
Thanks Given: 9
Thanks Received: 7


Meliora View Post
Hello,

This applies only to funded, during the combine you can trade news:
1) You can trade at some news and some news not.
For example: FOMC Meeting Minutes you can’t trade Equity Indexes like ES from 1 Minute before to 1 minute after. But you can trade other instruments during that times.

2) the drawdown is calculated live, including open positions. I strongly recommend: trade the account up slowly, build up a buffer that you don’t withdraw -> issue with drawdown basically eliminated, if you don’t mess up badly. But you should have your own rules in place to prevent that.


Thank you, then if u have open position w/e if Floating P/L... and 2 minutes for news.. You need to close positions and one minute later, u can open it again in case that u see a setup?

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  #72 (permalink)
 
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 Meliora 
North Charleston
 
Experience: Advanced
Trading: ES, CL, NQ, YM
Posts: 8 since May 2019
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contrax View Post
Thank you, then if u have open position w/e if Floating P/L... and 2 minutes for news.. You need to close positions and one minute later, u can open it again in case that u see a setup?



Yes. If News are at 1pm, you have to be flat at 12:59pm and can start trading again at 01:01pm

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Last Updated on October 15, 2019


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