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Earn2Trade (Helios) - "The Gauntlet"
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Earn2Trade (Helios) - "The Gauntlet"

  #81 (permalink)
Site Administrator
Manta, Ecuador
 
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
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Some changes from Earn2Trade:


Quoting 
Dear Traders,

We’d like to start off by thanking all of you for helping make the launch of The Gauntlet Mini™
last month an immense success. We’re especially grateful to everyone who signed up and gave
us their feedback on it so we can continue improving it as we go. Going forward we’ll be making
the following trader oriented changes to The Gauntlet Mini™.

We’re removing LiveSim, traders will go directly to Helios after passing the evaluation.
Traders previously had to go through a Live Simulator phase which was a paper trading account
with the same terms and conditions as your offer, including the ability to request withdrawals
immediately. It wasn’t a second evaluation, but rather a risk management procedure for the
prop. firm. Helios decided to allow traders to skip this process for The Gauntlet Mini™ because
its rules are stricter than the original Gauntlet™ so less risk management is necessary. The way
you benefit from it is being able to request performance reviews for additional funding or
trade-able assets from them sooner.

We’re removing the daily loss limit for live accounts after the trader reaches profitability.
After getting funded you will no longer be subject to a daily loss limit once you make enough
profit for your loss limit to reach your starting balance. As an example, if you start your live
account at $25,000 and grow your balance over $25,550 your daily loss limit will be removed.

We’re raising the maximum position size and the progression ladder for micro contracts
times ten.

You will be able to trade up to ten contracts of all respective micros and it'll only count as one
contract towards the progression ladder and maximum number of positions. For example if the
progression ladder allows you 2 contracts then you can either trade up to 2 ES, 1 ES & 10 MES
or 20 MES. This change will go live after 5:00 p.m. Central Time October 1st, 2019.

Traders will no longer need to pay Helios for their data fees after getting funded if they
already have their own data feed.

If you already have your own paid data feed you can continue using it for charting after getting
funded without having to pay Helios the additional monthly $105 per exchange, however, you
will still need to execute trades through the feed they provide.

Traders will be able to keep using NinjaTrader after getting funded regardless of license
type.

Previously you were only able to keep using NinjaTrader after getting funded if you had a
license grandfathered into trading with 3rd party brokerages. Helios has now added a
Leader-Follower service that will allow you to copy your trades from NT to Helios through a
paper trading account. This means you're not interacting directly with the live market so there
could be a small delay and you may not get the same fill. Traders who choose this option are
responsible for monitoring their Helios account, since their loss limits are based on the Helios
account, not the paper trading account. There's also an additional $25 ($50 if your user is more
than 6 months old) data fee to maintain the paper trading account.

We hope that these changes will enhance your Gauntlet Mini™ experience and make
completing it even more rewarding. Please look forward to more future developments.As
always our support staff is happy to answer any related questions. We welcome any
feedback and appreciate your continued support, thank you.
========================================================================

PDF attached.

Mike

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  #82 (permalink)
wa/ usa
 
Trading Experience: Intermediate
Platform: schwab, metatrader, OEC,T4,TDameritrade
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Discrepancy

What you are saying Mike and whats on website are two different things

Attached Thumbnails
Earn2Trade (Helios) - "The Gauntlet"-2019-10-12-10_58_59-gauntlet-mini-_-trade-your-own-way-_-receive-offer-_-become-profes.png  
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  #83 (permalink)
Austin, TX
 
Trading Experience: Advanced
Platform: Finamark, Sierra Chart
Favorite Futures: ES, CL, GC, NQ
 
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Posts: 75 since Jul 2018
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garyboy275 View Post
What you are saying Mike and whats on website are two different things

That shouldn't be there, what Mike said is accurate. See: https://help.earn2trade.com/en/articles/3292347-what-offer-will-i-receive-upon-completing-the-gauntlet-mini.

I'll let the website team know it's still under that section.

Ryan Masten
Earn2Trade | Founder
www.earn2trade.com
1-888-502-2260
Become a Professional Trader. Decisions That Can Change Your Life Forever.
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The following 2 users say Thank You to Earn2Trade for this post:

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