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Any long term success stories from funded traders in these get-funded programs?


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Any long term success stories from funded traders in these get-funded programs?

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  #121 (permalink)
 phantomtrader 
Reno, Nevada
 
Experience: Advanced
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Howard Roark View Post
That's the thing. One such mistake and you could be toast.

But with the evaluation it shouldn't be a problem.

If you were up 8K on the funded account - maybe it would?

Glad to see you recovered.

Well I'm so close to finishing successfully, that I'm not going to argue with it. My goal was to have 100% profitable days during the evaluation. If my stats hold and I'm profitable tomorrow, that would be 1 losing day out of 15.

If it was the funded account, I would definitely address it with them. The problem yesterday was that I didn't even see it until I was analyzing my trades after the market closed. It was a nasty one too. If it went in my favor I wouldn't care (who would)!! But it didn't. Scalping is very fast (no excuse), and I did notice that the red numbers skyrocketed all of a sudden. If I have a bad trade I generally stop, reassess quickly and then move on. Order flow numbers yesterday were the pits too. When I examined them on replay, I could easy see how they could have been misinterpreted. But that happens.

Anyway, we'll see how it goes tomorrow.

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  #122 (permalink)
Zambi
Scottsdale
 
 
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Howard Roark View Post
What? They did that with you?

Yep, in the early days of their rebranding/relaunching as OneUp, 4-5 years ago mabye?
It was as brutal as it was hilarious: they lock you out of the account and even block access to the community forum, so you can't complain/explain or reach out for support.
Only later in an email exchange did that excuse of mixing up accounts come up.
Like you said, not very reassuring when money's on the line.

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  #123 (permalink)
Howard Roark
Oslo Norway
 
 
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Zambi View Post
Yep, in the early days of their rebranding/relaunching as OneUp, 4-5 years ago mabye?
It was as brutal as it was hilarious: they lock you out of the account and even block access to the community forum, so you can't complain/explain or reach out for support.
Only later in an email exchange did that excuse of mixing up accounts come up.
Like you said, not very reassuring when money's on the line.

That's not good at all.

Quite frankly I was surprised to hear them admit it, but I suppose they didn't have a choice considering they blamed me for holding overnight on a date where I was not yet funded and for five prior rule breaks when I had broken none earlier.

Makes me wonder why that guy wasn't eliminated sooner while I was eliminated on the first rule break. Or maybe they even liquidated the wrong account. Who knows...

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  #124 (permalink)
Zambi
Scottsdale
 
 
Posts: 31 since Nov 2010
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Howard Roark View Post
That's not good at all.

Quite frankly I was surprised to hear them admit it, but I suppose they didn't have a choice considering they blamed me for holding overnight on a date where I was not yet funded and for five prior rule breaks when I had broken none earlier.

Makes me wonder why that guy wasn't eliminated sooner while I was eliminated on the first rule break. Or maybe they even liquidated the wrong account. Who knows...

Oh, so you really think there WAS another guy involved?

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  #125 (permalink)
Howard Roark
Oslo Norway
 
 
Posts: 207 since Aug 2018
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Zambi View Post
Oh, so you really think there WAS another guy involved?

Actually, that's what they thought. I take it you suggest otherwise? If so - for what reason?

To reiterate - they did have a valid reason for eliminating my account. I was just concerned when they started accusing me of rule breaks I clearly had NOT done and upon asking they admitted to mixing my account with someone elses account.

Like you say there's not much you can do about it anyway...

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  #126 (permalink)
 phantomtrader 
Reno, Nevada
 
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Well I made it today with 3 trades. I guess I'll get funded next week. In the meantime, a close family member is in the hospital with COVID in Dallas - so flying there today to support the family.
Will not be trading for a while.

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  #127 (permalink)
 matthew28 
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Wiltshire, United Kingdom
 
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phantomtrader View Post
In the meantime, a close family member is in the hospital with COVID in Dallas - so flying there today to support the family.

Best wishes for you and your family for their safe recovery.

Trading, ideally structured, is a vehicle for expanding consciousness, not damaging it. - Brett Steenbarger
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  #128 (permalink)
 bobwest 
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@phantomtrader, I hope all goes well.

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  #129 (permalink)
Howard Roark
Oslo Norway
 
 
Posts: 207 since Aug 2018
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As I'm still in a bit of a limbo in my private life until about September I have considered doing another Combine for some serious practice while not risking my own capital. I see E2T now have a discount.

But I have pretty much concluded that most or all of these companies don't have any real interest in funding a trader, so I might as well just save my money.

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