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Hey guys i decided to try the funding side of the house. I wont be posting every day, but every few days. I chose the 25k account because of my risk parameters are exactly the same and i don't ever trade more than 1 contract, unless the trend continues.
I hit the 1500 dollar target on the third day, and will be just scalping to finish out the rest of the 10 trading days. I wont be funded most likely until 07/21/2020. Until then i will be trading my own account. Im hoping to double this 25k and withdraw it.
I Chose one up because Oneup/MES capital has become more transparent. No outrageous data fees like TST. If you pass their 90 day probation period you can negotiate the contract terms. Overall the customer service has been good. Ill let you guys know more as time goes by.
Can you help answer these questions from other members on NexusFi?
First of all, congrats for passing the evaluation!
Since you already hit your profit target on day 3, please take into consideration that they want to see a certain level of consistency during the entire evaluation, so I'd advise you to NOT scalp only a tick or two during the next 12 days, but try to trade your usual target for at least another few days.
Otherwise they might refuse to fund you due to the lack of consistency...
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Well, I wasn't referring to the '3 day rule', I was talking about this one:
Consistency
Traders must demonstrate the ability to trade in a consistent and regular trading pattern throughout the entire Evaluation.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Curious how this ended up, did you get funded? Did they ding you for for just coasting the remainder (if you did end up doing that) and/or was there any mention of it, or was it all good, fully funded and rock and roll?
Curious like others if you passed and how its going.
As well you mention "no outrageous data fees like TST". Curious what you meant by this. As far as I know TST only charges $105 (could be off slightly) for fees each month when funded which is just a pass through of the CME fees, pretty sure all the programs do this. Looks like OneUp doesnt, but I guess I don't consider $105 outrageous when you are talking making $25K etc. More interested if there's other fees you are referring to.
Well, I can confirm that OneUp (or better MES Capital) doesn't change any fees for data feeds or other things.
They only charge $35 withdrawal fee for each wire transfer inside the US, and $50 for wire transfers outside the US.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
I believe data feed charges (105 per exchanges) by TST and E2T are paid to the exchanges. Have you tried looking at the dom and take a trade further away, to see if your order is live?
Not yet, because I don't use the Dom to place my trades.
BTW, Leeloo / Natural Trading charges $42.50 data fees for the first month and $85 from the 2nd month on.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn