I have a question regarding the trailing drawdown. Basically it’s just from the highest point of the trade to where you closed it out?
I’d like to go with TST but I would rather have 1 step than 2. I know LeeLoo may have “different” YouTube videos and such but if it offers an opportunity to trade with the least path of resistance then they can make their YouTube and all of that whatever makes them happy.
I’m just trying to decide either LeeLoo or E2T. I like the platform options with E2T. LeeLoo you can only use NT8, which isn’t terrible.
I came across "The Glide" - Swing Trade Micro Account with LeeLoo.
I wanted to get some feedback from others here about this one. I think this one is perfect. The Profit Target is $2000 and the Max Loss Limit is $625. It’s a static drawdown and not trailing.
Account Specifics:
- $100,000 Account Size
- Option between 20 Micros or 2 Standard Contracts
- You can hold trades overnight
- $625 Max Drawdown (Static)
- You can trade during news
- Minimum of only 10 trading days
I know each type is what someone’s goal is but I think this one is pretty good. I like the static drawdown. $625 is not a lot but is somewhat equivalent to a higher trailing drawdown limit being the details on how that works. i.e. Up $1000 on a trade and close out at $500. You are down -$500 even though you just made $500 profit. I would like it that much more if it was $1000 Max drawdown limit but $625 isn’t that bad. You can also switch from Micros to Standard contracts. I like this a lot. Sometimes you have those days where the market is moving nicely and you can do the 2 standard contracts but on days when it’s not, you can adjust your position with micros. That’s pretty nice. You have to trade for a minimum of 10 trading days. That is not bad at all either.
Anyone who has done or knows a little more about it. Can you share your Pros and Cons on this one?
I’m almost 100% certain that I am going to select this one but want to get some feedback first.
Extremely appreciate this!! I don’t know why but I was under the impression that you can only use NT8 with LeeLoo. Not that I have anything against NT I just was leaning more towards Sierra or Atas
Have you ever tried Atas? I’m trying to find the best Market/Volume Profile and Footprint charts. Atas seems like a pretty decent platform for that but a lot use Sierra as well.
