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hello again traders
to answer few questions, I didnt really set up rules as I chose the freestyle trading but of course I was cautious with my trading. I reached the 10 % required in the first month or so but got some family issues going on combined with an intense summer work schedule at my other job so wasnt able to trade as much. long story short I was offered a capital of 15 thousands and 25% drawdown, and 70/30 profit split.It s been almost a month now since I started working for helios and it s been a great experience. have I sat rules and stuck by them I probably would have gotten more capital and 80/20 split, but I dont worry much about it cause I know that is something you can always negotiate once you proove good trading in the long term ,so it s little early to predict but overall I see room for growth with these guys.
what s the max capital I can ask for? that s a question I wish I could have answer to, we ll see but Im not in a hurry.just a step at a time.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,057 since Dec 2013
Thanks Given: 4,409
Thanks Received: 10,225
That's a good question, I think you may have hit an interesting point, one of the non-professional requirements is
be limited to managing the Subscriber’s own assets, and not be used in connection with the management of any assets of any third party(ies) in any capacity
which is no longer true, so I suspect CME would classify them as "professional" ~ $105/month per exchange please
Yes you become a professional trader,thus you are responsible for the data exchange fee.the good thing it s deducted from your account balance,I believe it s$105 smthg like that per exchange.
Good luck!
I think if I were going to try to be a funded trader, these are the folks I would go with. It seems like a lot less hoops to jump through than the others. Maybe they actually want good traders as opposed to the one's who just want to make it virtually impossible to succeed.
Of course I am interested in seeing what happens with the people who actually get funded and how things go.
So far, I like what I am seeing.
I have some experience with TST and OneUp trader, the rules at Earn2Trader are much more realistic and everything feels much more professional.
With these guy's you really get the impression that they are looking for good and profitable traders so both the funding partner and the traders them self can benefit from a partnership.
Both OneUp and TST feels more like they are after the subscription fee's since some of their rules are near impossible, definitely on the longer term.
I will keep you guy's updated on how things are going for me.
Ps; For everyone reading this: A like/thanks to my original post in the link below would be very much appreciated since i can win a price with it!
And i have never been more profitable!
Once i started trading i thought the more information i could see the better a trader i would become.
There were some other setups in the time in between then and now and it took some …
Just finished with them....it seems yes they give you a 25000 acct to test your trading skills...but know when you trade a single contract they set aside 6200 of the acct for Margin....for each contract...full maintenance not Day Trading Margins....If you use NT as your platform NT doubles that....so a single contract is 2 times the 6200 so 12400 is gone out of your 25000 acct...I was trading a simple 3 contract Scalp and getting margin calls...the margin was being calculated to 36000 and the acct only had 25000....just be aware of that …..they say they wont refund the monies because they had to setup a trading acct.....but I cant use them with my techniques....Just saying....If you use Sierra not the same problem as with NT....but they do use full margins in their calculations....