Earn2Trade Trader Career Path - futures io
futures io



Earn2Trade Trader Career Path


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one shokunin with 10 posts (18 thanks)
    2. looks_two tradevelopers with 1 posts (0 thanks)
    3. looks_3 cryptomojo with 1 posts (0 thanks)
    4. looks_4 lazyboy with 1 posts (0 thanks)
    1. trending_up 2,121 views
    2. thumb_up 18 thanks given
    3. group 14 followers
    1. forum 15 posts
    2. attach_file 4 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 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
 

Earn2Trade Trader Career Path

(login for full post details)
  #11 (permalink)
 shokunin 
Manchester, United Kingdom
 
Experience: Advanced
Platform: Sierra Chart
Broker: Optimus Futures, Rithmic, Denali
Trading: ES
 
Posts: 76 since Jul 2020
Thanks: 6 given, 140 received

Update:

I passed the 25K eval again in 15 days using the same strategy.
I also traded a 2nd evaluation account to profit target, but left it at 14 days (it requires 1 micro, 1 tick, win or lose to activate). In the event I make a mistake on the live account, I can convert the backup eval account into a live account within a day.

I passed the 25k Live account in 3 days using the same entry strategy, but picking further targets as there are no consistency constraints. Requested withdrawal at $1800 profit.

I'm currently waiting for the 50k account to be setup. It takes another 7 days to setup the 50k account as you have to fill out all the paperwork again (submit Driving Licenses, tax forms, etc.) I'm not sure if they do this for psychological reasons, or if they're just inefficient.

Started this thread Reply With Quote
The following 3 users say Thank You to shokunin for this post:

Can you help answer these questions
from other members on futures io?
Paid coding for NT7 to NT8 Custom Plot() conversion
NinjaTrader
SafeDayTradingorg
Trading Reviews and Vendors
Effect of Bitcoin price on Altcoins
Crypto Futures
Jumpstart Trading
Trading Reviews and Vendors
Realtest vs Amibroker
Platforms and Indicators
 
 
(login for full post details)
  #12 (permalink)
cryptomojo
BATON ROUGE LOUISIANA USA
 
 
Posts: 1 since Mar 2020
Thanks: 32 given, 0 received

Good job

Reply With Quote
 
(login for full post details)
  #13 (permalink)
RobSfo
San Francisco, CA
 
 
Posts: 1 since Sep 2022
Thanks: 2 given, 0 received



shokunin View Post
...part was my delay was working out how to combine a Professional execution only feed with a non-professional market data feed.

@shokunin, can you share what you found on this?:
"Part of my day...was working out how to combine a Professional execution only feed with a non-professional market data feed"
I am very interested in the same topic.

Thanks!
Rob

Reply With Quote
 
(login for full post details)
  #14 (permalink)
 lazyboy 
Bratislava Slovakia
 
 
Posts: 5 since Sep 2022
Thanks: 39 given, 1 received

Hey can you please explain the difference between professional execution only feed and nonprofessional market data feed? I appreciate any answer thanks

Reply With Quote
 
(login for full post details)
  #15 (permalink)
 shokunin 
Manchester, United Kingdom
 
Experience: Advanced
Platform: Sierra Chart
Broker: Optimus Futures, Rithmic, Denali
Trading: ES
 
Posts: 76 since Jul 2020
Thanks: 6 given, 140 received


RobSfo View Post
@shokunin, can you share what you found on this?:
"Part of my day...was working out how to combine a Professional execution only feed with a non-professional market data feed"
I am very interested in the same topic.

Thanks!
Rob

The trading platform needs to support having two feeds, and displaying data from one and sending orders through the other.

R-Trader Pro does not allow you to set different credentials for market data and execution. But you can just enter the execution part and leave the market data blank. This allows you to manage your risk and see your balances, etc. But the DOM will be blank as there is no market data.

Sierra Chart works in conjunction with their Denali data feed. This is the cheapest option and the one I use.
Jigsaw seems to work with 2 Rithmic feeds, but I didn't test it extensively.

Quantower, Optimus Flow, MotiveWave, EdgeProX, Bookmap do not support this configuration.

Started this thread Reply With Quote
The following user says Thank You to shokunin for this post:
 
(login for full post details)
  #16 (permalink)
 shokunin 
Manchester, United Kingdom
 
Experience: Advanced
Platform: Sierra Chart
Broker: Optimus Futures, Rithmic, Denali
Trading: ES
 
Posts: 76 since Jul 2020
Thanks: 6 given, 140 received


lazyboy View Post
Hey can you please explain the difference between professional execution only feed and nonprofessional market data feed? I appreciate any answer thanks

There are three parts to a data feed:
1. Historical market data
2. Live market data
3. Execution and account management

If you are a professional, than the cost to get (1) and (2) is more than if you are a non-professional. When you get a live account with Earn2Trade, you are classed as a professional and therefore you need to pay the higher fees.

However, if you have another source for (1) and (2), then you can ask Earn2Trade to provide you with (3) only, therefore avoiding any data fees. If you opt for just (3) it is called an execution only feed and is free.

In summary:
Execution only feed = (3) only
Non-Professional feed = (1) and (2) and (3) at the lower cost
Professional feed = (1) and (2) and (3) at the higher cost (no difference other than price)
Non-Professional market data only feed = (1) and (2) only at the lower cost
Professional market data only feed = (1) and (2) only at the higher cost (no other difference other than price)

Some trading platforms allow you to have multiple feeds, and choose which is used for historical, live and execution.

Started this thread Reply With Quote
The following 2 users say Thank You to shokunin for this post:


futures io Trading Community Trading Journals > Earn2Trade Trader Career Path


Last Updated on September 6, 2022


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), 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