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I am 2 days into my evaluation period. I signed up using the promo that they are running.
Cost was $23 for the first month and then $75/month after the 1st month.
Currently, using NinjaTrader 8 as my trading platform and Rithmic Trader Pro (have to use this as per Leeloo requirements).
I started trading futures on my own with my own money but blew up 2k in the first 2 weeks so then I decided to trade strictly in SIM for few weeks until I feel comfortable putting my own money. Recently came across Leeloo and thought of giving it a shot.
I am not sure if anyone else have tried them but please let me know if you have any reviews about them. The first withdrawal will be after 30 days of trading days so hopefully there is nothing sketchy about them.
Rules from Leeloo:
-Minimum 10 Trading days
-3 minis or 30 micros
-$1500 Profit Target
-$1500 Trailing Drawdown
-Trailing drawdown keeps going on the Evaluation period
I am trading using ninzarenko and volume vwap. Trading 3 minis, selling 2 contracts at 1PT and then trailing stop for the last one triggering at 6 ticks.
If you guys have any other prop firm that you had a good experience with then please let me know.
There are a few previous journals from Leeloo traders, and a review thread and comparison thread with some other firms, just type Leeloo in to the Search box. Each of the companies mentioned in the comparison thread also has their own review threads, which again, can easily be found with Search.
Good luck with the funding challenge. It is a small monthly cost that can be a lot cheaper than funding your own account as people invariably come off sim too quickly, or just suffer a normal setback and lose a large proportion of their small accounts.
I have had a few failed attempts at getting funded account, mainly due to my own self sabotage and over trading. I have decided to keep a journal to help keep my focus.
I only started day trading 9 months ago when i jumped in feet first during the …
I recently passed Leeloo's evaluation and will be getting my funded account early next week. This will be my second Leeloo account and hope to work with it longer duration this time. I traded more contracts in my first funded account …
I was wondering if any fio members tried LeeLoo funding program.
TickSanity mentioned about them in this forum and I haven't heard anything else.
I am just curious if anyone made it through the program and got funded.
Looking to try one of these funding companies but wanted to get some feedback from those have done research on any of them, funded by them or looking to try one out?
Question regarding the trailing drawdown. Lets say you have $1500 max trailing …
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
Done with this Challenge. Hit the $1500 Trailing Max Drawdown. Will try again after I evaluate my trading plan. Market was too choppy today and I let me emotions get in the way of my trading strategy. I will try again with the challenge with a new account.
Hadn't you already achieved the $1,500 profit target in the first two days? Why didn't you scale down the trades to meet the 10 day minimum and continue practicing on Sim before getting your Performance Account?
I could have done that. I should have just done 1 contract just to have an active trading day to count towards 10 trading days. But i messed up. I also work in the lab and forced some few trades today which i shouldn't have. I was up $800 on the day and then lost it all by not follwing my stop loss strategy. Definitely lesson learned. I also stop trading if i reqch my profit target of $500 or more unless I see a really good setup.
Fortunately, the trial was only $23 and after reading the reviews i wasn't sure if Leeloo was the way to go. The first withdrawal is after 30 days and all. I am going to try again if the promo is still running.
