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TST, OneUP, now Speed Up Trader
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TST, OneUP, now Speed Up Trader

 
Chicago IL USA
 
Trading Experience: Beginner
Platform: Tradestation
Broker/Data: Tradestation/TOS
Favorite Futures: Crude CL
 
Posts: 81 since Feb 2019
Thanks: 89 given, 127 received

TST, OneUP, now Speed Up Trader

Hello all,

Has anyone heard of Speed Up Trader? Its another combine trading program but they also offer a 10 day make or beak ( I call it) program. Where in the 10 days you hit the profit target or done.

https://www.speeduptrader.com/

Happy Trading!

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Market Wizard
Tallinn, Estonia
 
Trading Experience: Beginner
Platform: SC
Favorite Futures: NAS100
 
lemons's Avatar
 
Posts: 900 since Nov 2010
Thanks: 1,760 given, 2,180 received


I think this business sector will soon extinct due rising competition and micro index futures.
You can open micro futures account as low as 100 $ and low as 50 $ margin per contract.

 
 
Chicago IL USA
 
Trading Experience: Beginner
Platform: Tradestation
Broker/Data: Tradestation/TOS
Favorite Futures: Crude CL
 
Posts: 81 since Feb 2019
Thanks: 89 given, 127 received


lemons View Post
I think this business sector will soon extinct due rising competition and micro index futures.
You can open micro futures account as low as 100 $ and low as 50 $ margin per contract.

The only way I can see making money off micro is but adding up size for small accounts. Sure you can buy one contract of a micro and hold but where is the fun in that.

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Quebec
 
Trading Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,851 since Oct 2009
Thanks: 3,426 given, 4,868 received


lemons View Post
I think this business sector will soon extinct due rising competition and micro index futures.
You can open micro futures account as low as 100 $ and low as 50 $ margin per contract.

Have you considered this aspect?

RDK91 View Post
I haven't looked in to the micro's yet.

They are 1/10th of the value of e-minis so 1 ES point will be $5 and 1 NQ point $2, might be good for testing strategy's and stuff but i don't think i will be using it for my strategy. With OneUp for example i get $2500 DD for $150. If i lose the account i will probably also lose the $150 on the micro's. If i make it work my income is 10 times larger than with the micro's.

It takes 50 losing ES points to lose my $2500 with OneUp vs 30 points for the $150 with the micros.
The only reason to go with the micros over an evaluation account, in my opinion, is if your strategy isn't working with all the extra rules a funding company brings.


 
 
Antwerp
 
 
Posts: 414 since Jun 2016
Thanks: 103 given, 721 received


trendisyourfriend View Post
Have you considered this aspect?

Yes i did, as i have explained in my previous post.
A $150 account with OneUp gives 50 ES points DD and $150 with micro futures gives 30 points DD.

So if i lose the account with OneUp i will also lose my $150 with micro futures while to potential profit is 10 times greater with OneUp.

It all depends on the strategy you are using and if you can handle the extra rules a funding company brings.

 
 
Market Wizard
Tallinn, Estonia
 
Trading Experience: Beginner
Platform: SC
Favorite Futures: NAS100
 
lemons's Avatar
 
Posts: 900 since Nov 2010
Thanks: 1,760 given, 2,180 received


barabas View Post
The only way I can see making money off micro is but adding up size for small accounts. Sure you can buy one contract of a micro and hold but where is the fun in that.

Average " combine " monthly cost is 150 $.
You aint cone pass " combine " with 1st try.

Prove me wrong
Best offer is from ONEUP, prove me wrong

 
 
Market Wizard
Tallinn, Estonia
 
Trading Experience: Beginner
Platform: SC
Favorite Futures: NAS100
 
lemons's Avatar
 
Posts: 900 since Nov 2010
Thanks: 1,760 given, 2,180 received


trendisyourfriend View Post
Have you considered this aspect?


Yes, comission is high. But paying and paying form " combine " will cost more in the end.
I know people are greedy and impatient they want 10 x now

 
 
Chicago IL USA
 
Trading Experience: Beginner
Platform: Tradestation
Broker/Data: Tradestation/TOS
Favorite Futures: Crude CL
 
Posts: 81 since Feb 2019
Thanks: 89 given, 127 received


lemons View Post
Average " combine " monthly cost is 150 $.
You aint cone pass " combine " with 1st try.

Prove me wrong
Best offer is from ONEUP, prove me wrong

I think it is possible to pass the trading combine depending on you experience. The biggest thing I am afraid of is Ninjatrade lease fee when funded. I am a happy Tradestation user

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Market Wizard
Tallinn, Estonia
 
Trading Experience: Beginner
Platform: SC
Favorite Futures: NAS100
 
lemons's Avatar
 
Posts: 900 since Nov 2010
Thanks: 1,760 given, 2,180 received



barabas View Post
The biggest thing I am afraid of is Ninjatrade lease fee when funded.

Really ? 60 $ per / month

If we take 50 k " combine " you are expect to make 3000 $.
60 $ is nothing compared to it.


 



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