Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I think you guys are confusing a trailing draw down to eliminate the account once the DD is hit, like with TST and One Up with a draw down to calculate performance.
E2T has a fixed 10% draw down limit from the initial starting balance, however if you lose money in your account even if you are above 25K you are still in a DD.
I am asking Alex on e2t right now. He says my understanding is correct so far.... it is from the 25k balance, not the highs of the account. I think the reason is to prevent people scalping 1-2 ticks after hitting the 2.5k profit target; seen lots of those in the other props.
Bro, he has confirmed to me. Btw he says he could help check your account if you have any queries
Like I said it made sense the way I first interpreted it. Not saying it doesn't make sense the way that RDK91 stated, but this is an account. Drawdowns happen. You don't want to start losing money taking the account negative. Anything you make is your money. Drawing that down dwindles your profit. That's why OneUp Trader has trailing drawdown. They essentially want you to be profitable but at the least amount of risk to them; therefore, you utilizing drawdown that is in profit puts firm at no risk. That's how I interpreted it.