Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
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 for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Earn2Trade - Orianna Foucault (Director of Support) - Ask Me Anything (AMA)
Does Earn2Trade and/or Funding Partner Helios offer any pre-set plan for increased funding (meaning increased drawdown whether trailing or fixed) in live accounts based on consistent profitable results over time
Here are 2 competitors (FTMO and SMB) who offer such increases with the details of how to obtain them laid out in writing in advance
Trade our capital. We take all the downside risk, and you get 50% of the profits.
Trade remotely, or join our desk in NYC.
Build consistency as you develop and hone your skills. Keep putting in the work. Get world-class coaching and mentoring. Participate in daily trader meetings. Be a teammate to other traders.
Trade bigger as you progress. Earn a max drawdown of $25k or more.
Obtaining the funded FTMO account does not mean that cooperation between the trader and our project will not develop any further. Quite the contrary, on this page you will see what are the principles of capital increments. Higher capital provides the trader the opportunity to scale up the positions accordingly, while not taking higher risks. Remember, our project has the same goal as you. However, it needs to be understood that traders might face periods when they don't earn any profits. In general, trading is a risky business and we don't promise high returns.
Capital increments on the FTMO account take place in four-month cycles. For a capital increase, the trader has to gain at least 10 added percent points in four consecutive months (i.e., the average of at least 2.5% gain per month). At the same time, at least 2 of these 4 months need to be profitable. If the trader fulfils this, the initial capital of the FTMO account will be increased by 25%. Along with that, the basis for the calculation of loss limits will change accordingly and risk parameters will be loosened. After another 4 months, if the trader again satisfies the conditions of appreciation and the ratio of profitable months, he/she will gain the eligibility of further increase of the capital by 25% of the Initial Capital of th FTMO account. Increments of capital have no ceiling.
The following table demonstrates a scenario of the capital and risk parameters development on the FTMO account in case the trader successfully passed
the evaluation process with 100k USD initial capital and fulfils the conditions for capital increments:
As you can see in the table above, in the best-possible scenario, already after a year and a third, the trader will have at his/her FTMO account twice the capital and twice the loss limits (this applies to any starting capital). We believe that this Scaling Plan will encourage traders to trade consistently while not taking unnecessary risks and treat the FTMO account with longevity in mind. Please note high returns are not guaranteed and trading in general is a risky business.
Can you help answer these questions from other members on NexusFi?
Hi can you explain further a few aspects of the regular gauntlet
Manage a $25,000.00 virtual account over a 60 calendar day period - Trade a minimum of 30 calendar days and once per week
Ok if I trade the minimum of just once per week over 60 days then that is just 8 or 9 trades over 60 days
It also says trade a minimum of 30 days so I am a little confused as that statement seems to imply that I need to actively trade on 30 different trading days within the 60 day gauntlet period
While on the other had it says trade a minimum of once per week (which over 8 to 9 weeks (60 days) would mean trading only required on 8 or 9 trading days over the entire 60 day period
Also is it a minimum 60 day period - meaning can you take longer than 60 days to achieve the profit target or is the evaluation over at 60 calendar days and that is it at that point you have either made or exceeded the profit target at 60 days or you havent
Can you please clarify - thank you
As far as the 10% Maximum drawdown - how exactly is that calculated?I see on the example Gauntlet funding offer posted at https://www.earn2trade.com/gauntlet ---that trader received the max offer of $2,500 max drawdown but the trader's largest lost was $696.38 which would be more than the 2% minimum drawdown of $500 that is stated to receive the maximum funding offer--so can you explain how that drawdown is calculated with respect to attaching it to the final funding offer after the 60 day evaluation is complete--thank you
One final thing is --is the max drawdown if the regular gauntlet a fixed drawdown (recurring drawdown of $2500 from $0 line - as opposed to a trailing drawdown that is a constant valuation that goes from equity peak to equity valley
Hi! It's 60 days from the time you start, it's not a rolling 60 days. The rules are that you must trade at least 30 days and once per week. So if you knock out those 30 days by trading every day, you can't just stop until the 60 days is up. You need to continue trading at least once per week until the time expires.
The max drawdown is based on the unrealized PNL, below the starting $25k. So the trader you mentioned in the example, would have had that largest loss at some point over the $25k. Honestly, most people who end up passing the regular gauntlet have a 0-1% max drawdown.
You are correct in that the drawdown in the regular Gauntlet™ is fixed and not trailing!
Hope that helps. You can always come and talk to support if you have any other questions!
Earn2Trade www.earn2trade.com Become a Professional Trader. Decisions That Can Change Your Life Forever.
Every US open it's been lagging badly for the first 10-30 mins and today something really strange was happening. The DOM quotes were correct and matched the charts from 2 other feeds I use but when submitting an order you got a totally different price on entry and exit. In some case I would make +10 ES handles and the positions window would show I lost 1 handle. And the running total P&L in the DOM would show the correct amount but as soon as you closed the trade it would be negative as tho you had lost. Really weird as if you look at the exact time of trades the filled price for that time was nowhere near the proper price as shown on the chart. Totally threw me off my stride today as I wasn't sure what was going on. Hopefully e2t can sort it and reconcile my EOD balance.
Yyou are not the only one.
It is so fucking FRUSTRATING!!! I will not get into details cause they are "investigating" and I do not want to get banned or something but it is just not possible with pro software like CQG
Probably a Seychelles-registered Forex broker would give me better fills than bloody Rithmic which probably consists of 2 people only.
Show me you are a good trader - bloody hell - with some things you just cannot win. You can't. I am doubtful if these "combines" is the way to go. Perhaps it is impossible to make it this way
Yep, you are right, today was really horrible and I've heard Rithmic sent out emails, that they are having problems.
But believe or not, normally Rithmic is light-years better as CQG (years ago CQG had the best data, but since this continuum is around, they are just middle-class IMHO)
CQG has the best data feed and trading platforms there are. The best support. Best infrastructure. It is just amazing and worth paying for. I have traded as a pro - used Stellar, TT, CQG. CQG no. 1.
Rithmic is just retail shit. Period
Anyway, I am waiting to see how E2T will sort this out. That will be interesting.
E2T sent this out, must've been a hellish day for them all round, crazy markets, I've only been trading tiny micros
We have investigated with Rithmic. According to Rithmic, the erratic fills are caused by the extreme volatility of the markets today. This may cause delays and lags in trading platforms, especially if the platform in question is loaded with indicators, level 2 data and other tools at a time when 10-15 tick swings happen throughout the day.
Earn2Trade does not take responsibility for this problem, but is committed to help traders out of this predicament by examining each individual account's trading history of the day and possibly reinstating them. We will however need two things from our traders: a detailed description of what they experienced with order numbers and possibly screenshots, and most importantly, patience. We are trying to be on the traders' side in times of trouble, but we need a bit of time to undo the problems and the distress today has caused.
For future reference however, we would like to mention, that everyone in the market is clear about one thing: this has been an extraordinary day, one that we don't see very often. Earn2Trade will not always be able to help traders out with issues caused by extreme volatility and bears no responsibility for the events on the accounts. We would like to warn you here, that the upcoming days might be extremely volatile as well and we will not be able to help with similar problems in the future. This has been a trading day that could have, and no doubt, has caused countless live accounts to fail - for which, there is no recourse available. Proceed with extreme caution.
In short, we will do our best to help out our traders with the issue today and reinstate accounts. We need your help: a detailed description of the problem and patience, and we promise that we will get back to prompt responses on our support as well.
I only use the DOM in RT Pro and my trades were placed when the volatility wasn't so bad and I was still getting wild fills which where nowhere near the market. Real shame as I wanted to hammer it today and I just ended up not trading after the first hour as watching the DOM and seeing my orders ignored despite price flying past them both ways and watching mkt orders fill 5-10 ES handles away was a tad unnerving to say the least.
