Thanks Mike for your reply, and thank you for taking the feedback in the way it was intended,...to be constructive.
It is great that so many newly funded traders that passed a continuous combine were able to pass both the combine and LTP in 10-15 days. However when it comes to someone who does a continuous combine and takes 30+ trading days to complete it,...they cannot be treated the same.
Regarding the scaling plan, I think it is excellent and agree that it benefits all parties.
However I must disagree that removing the trailing max drawdown after 10 days is somehow a good thing. The thing that eases traders into live trading is the scaling plan. Not removing the rug from under their feet after 10 days. But once again, this may not be a one size fits all scenario. For a trader who takes 30+ days to complete a combine, this rule does not make sense.
All im suggesting is that when someone proves during their combine that they take longer to build up an account,...don't then expect them to all of a sudden be able to change that when deadlines are placed on them during LTP and the funded level.
Thank you for the promise to discuss this with the scout team.
You don’t trade the markets; you only trade your beliefs about the markets.
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Please change your default combine report so the user credentials are hidden. Lots of users posting screenshots to futures.io (formerly BMT) that contain their credentials because they are displayed by default.
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what happens to daily loss limit when it comes to scaling up ? TST website says by increasing cushion, a trader can increase it's trading lots .but what happens to important factor of daily loss limit? will DLL increase as well? for example consider if you are trading a live funded 30k combine with 500$ DLL.if you can generate 4500$ you can use 5 lots as scaling plan explains.but what will be the DLL for this 5 lots ?
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algorithmic- Thanks for your inquiry. This is an important thing to consider when choosing which account parameters you'd like to be evaluated under, because your Daily Loss Limit will remain the same when you initially start on a funded account.
That being said, our Scout Team and Equity Partner are open to negotiation as Funded Traders build their account. The more successful you are in building up the account, the more this becomes a partnership. If you've proven you can trade and have built equity and buying power, we are definitely willing to negotiate (increase) your Loss Limit if the trader makes a request.
As always, we try to state everything very objectively and explicitly on the website. But in reality, there is subjectivity to certain items, such as the Daily Loss Limit at the Funded Level for someone who is trading well.
Hope that helps,
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