My Leeloo 150K Funded Account Journal - futures io
futures io futures trading



My Leeloo 150K Funded Account Journal


Discussion in Trading Journals

Updated by Daytrader999
      Top Posters
    1. looks_one santom with 17 posts (29 thanks)
    2. looks_two Daytrader999 with 16 posts (29 thanks)
    3. looks_3 Aries86 with 3 posts (0 thanks)
    4. looks_4 lightsun47 with 3 posts (0 thanks)
      Best Posters
    1. looks_one Daytrader999 with 1.8 thanks per post
    2. looks_two santom with 1.7 thanks per post
    3. looks_3 lexknight with 1.7 thanks per post
    4. looks_4 chipps1983 with 1.0 thanks per post
    1. trending_up 3,614 views
    2. thumb_up 70 thanks given
    3. group 15 followers
    1. forum 51 replies
    2. attach_file 5 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

My Leeloo 150K Funded Account Journal

(login for full post details)
  #31 (permalink)
New York, Usa
 
 
Posts: 5 since Jun 2020
Thanks: 0 given, 1 received


lexknight View Post
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.

Thanks so much talking about your experiences with these companies. Are you going to skip the pro account and go straight to funded?

Reply With Quote

Can you help answer these questions
from other members on futures io?
Capping Size in Tradestation
TradeStation
Dollar crash in 2021
Currencies
Degiro Negative Balance Advice
Traders Hideout
Macros for flatten and reverse
TradeStation
3x Fangdango
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on futures io
VWAP for stock index futures trading?
41 thanks
Coronavirus COVID-19
20 thanks
Price Action Kewltech Style
19 thanks
Emini 4 Tick Scalp still valid?
15 thanks
Is back testing a waste of time?
13 thanks
 
(login for full post details)
  #32 (permalink)
Montreal, QC, Canada
 
Experience: Beginner
Platform: Jigsaw Daytradr
Broker: Tradovate
Trading: ZB & UB
 
lexknight's Avatar
 
Posts: 39 since Apr 2020
Thanks: 24 given, 54 received


Aries86 View Post
Thanks so much talking about your experiences with these companies. Are you going to skip the pro account and go straight to funded?

Most likely Pro account, its hard to make a case against it. Even though its sim again, at least this time whatever you make up to $5K gets rolled over into a real funded account, and if you bust you go back to step 2 instead of step 1.

The funded account can take 2 weeks to set up, so I can see making a case for jumping straight to funded if you just want to get the ball rolling, maybe youre going on vacation or busy at work so it'd be a good time to let them set it up. I think most people though go Pro then funded. Most likely what I'd do also. End of next week is when I make that choice.

Reply With Quote
 
(login for full post details)
  #33 (permalink)
New York, Usa
 
 
Posts: 5 since Jun 2020
Thanks: 0 given, 1 received



lexknight View Post
Most likely Pro account, its hard to make a case against it. Even though its sim again, at least this time whatever you make up to $5K gets rolled over into a real funded account, and if you bust you go back to step 2 instead of step 1.

The funded account can take 2 weeks to set up, so I can see making a case for jumping straight to funded if you just want to get the ball rolling, maybe youre going on vacation or busy at work so it'd be a good time to let them set it up. I think most people though go Pro then funded. Most likely what I'd do also. End of next week is when I make that choice.

Great man. Hope it works out for you. I like Oneup but like you said their customer service is shaky. I will investigate TST some more, seems like they have a better professional track record with their customers.

Reply With Quote
 
(login for full post details)
  #34 (permalink)
Newyork + USA
 
Experience: None
Trading: NQ,YM
 
Posts: 30 since Aug 2019
Thanks: 13 given, 37 received

Update: I blew my funded account on my second day as I broke my own rules and was bit embarrassed to post it. I was in the opposite site of $GC when it fell below <2k$ in a flash and lost the account firefighting it.

Anyway, I took the 150k challenge again and have one day left for evaluation to complete. Plan is to trade only micros and will post once I have the live account. Good day guys!

Visit my futures io Trade Journal Reply With Quote
The following 4 users say Thank You to santom for this post:
 
(login for full post details)
  #35 (permalink)
Toronto, Canada
 
 
Posts: 72 since May 2018
Thanks: 18 given, 37 received


lexknight View Post
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.

Thanks. But just curious, have you tried Trader Seed funded program / website?

Sent using the futures.io mobile app

Reply With Quote
 
(login for full post details)
  #36 (permalink)
Legendary Market Wizard
Ilsede, Germany
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
 
Daytrader999's Avatar
 
Posts: 1,231 since Sep 2011
Thanks: 1,217 given, 1,700 received


santom View Post
Update: I blew my funded account on my second day as I broke my own rules and was bit embarrassed to post it. I was in the opposite site of $GC when it fell below <2k$ in a flash and lost the account firefighting it.

Anyway, I took the 150k challenge again and have one day left for evaluation to complete. Plan is to trade only micros and will post once I have the live account. Good day guys!

I'm sorry to hear that, but I already thought that this could be the case. I've been there several times as well, and now I'm back on my feet.

There's no need to be sad or worry about, since you already located your mistakes and now you have a good chance to avoid them when trading your next funded account (which you'll get for sure! ).

Please keep posting your progress, and I wish you all the best for your current evaluation!

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
The following user says Thank You to Daytrader999 for this post:
 
(login for full post details)
  #37 (permalink)
Montreal, QC, Canada
 
Experience: Beginner
Platform: Jigsaw Daytradr
Broker: Tradovate
Trading: ZB & UB
 
lexknight's Avatar
 
Posts: 39 since Apr 2020
Thanks: 24 given, 54 received


lightsun47 View Post
Thanks. But just curious, have you tried Trader Seed funded program / website?

Sent using the futures.io mobile app

Havent heard of it until you mentioned it. Quick look at the site, no way I'd do it. Won't even bother to list all the reasons why, but comes off as scammy/trash. Sorry. Way too many other professional options.

Reply With Quote
The following user says Thank You to lexknight for this post:
 
(login for full post details)
  #38 (permalink)
Newyork + USA
 
Experience: None
Trading: NQ,YM
 
Posts: 30 since Aug 2019
Thanks: 13 given, 37 received

Day1(Funded Account):

I will try to update my progress daily and plan is to trade max 2$NQ at most, Today traded 1$NQ scalping multiple times


Attached Thumbnails
Click image for larger version

Name:	Day1.PNG
Views:	187
Size:	81.9 KB
ID:	304488  
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to santom for this post:
 
(login for full post details)
  #39 (permalink)
Legendary Market Wizard
Ilsede, Germany
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
 
Daytrader999's Avatar
 
Posts: 1,231 since Sep 2011
Thanks: 1,217 given, 1,700 received


santom View Post
I will try to update my progress daily and plan is to trade max 2$NQ at most, Today traded 1$NQ scalping multiple times

Good to see you back in the saddle, keep up the good work.

Keep it cool and slow, and don't overtrade!

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
The following user says Thank You to Daytrader999 for this post:
 
(login for full post details)
  #40 (permalink)
Newyork + USA
 
Experience: None
Trading: NQ,YM
 
Posts: 30 since Aug 2019
Thanks: 13 given, 37 received


Day2:

Though the 500$ profit (daily goal) was achieved in 5-6 trades in 1qty $NQ, I thought of continuing to trade with MNQ but traded 5 qty of NQ instead of MNQ by mistake and lost 900$.

Remaining trades are 1-2$NQ to bring the account back close to original profit


Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to santom for this post:


futures io Trading Community Trading Journals > My Leeloo 150K Funded Account Journal


September 15, 2020


Upcoming Webinars and Events
 

An Afternoon With futures io member TropicalTrader

Elite only
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts