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While I agree that going to a minimum days format is a good thing, it's also important to consider the flip side: you have more days to take hits against your account.
I'm not trying to be Debbie Downer , but if a trader is averaging a negative amount after 10- or 20-days in a combine, there is a chance adding days will just confirm that negative average.
Again, I'm all that this is going to be a readily available option, but feel it is also imperative to keep a keen eye on the realities
All that being said, I wish everyone the best of lucksuccess progress-supporting habits on their current or upcoming combines. I know it's boring but it IS useful
Luck is what happens when preparation meets opportunity. ~ Seneca
I could be wrong, but based on my experience, they are likely to impose a max drawdown below initial balance. In other words, if you have more days to accumulate profit, you will also be restricted to an initial drawdown, possibly not that different from the live combine itself.
Absolutely, the restricted drawdown is part of my combine as well. And I'm not saying people are likely to take bigger hits on their account. My point is that if someone averages -$75 per session today, doubling the amount of trading days available probably isn't going to be a magic bullet.
I'm glad you brought up the drawdown limit because I rarely see it discussed. It is something that Combiners should stay aware of. You could very easily stay miles away from your daily loss limit and still knock yourself out of contention by hitting the drawdown limit. Again, if someone is net negative on average, it probably won't take the full 20- or 40-days to tap out.
Personally, I'm all in favor of things being as close to the live combines as possible. If that means having a 5% drawdown limit, bring it on.
Luck is what happens when preparation meets opportunity. ~ Seneca
newest funded trader at TST says hes a member here at BMs.. his name is Ronghua Xie or Ronghuax on TST. not sure if he is actively posting here under a diff name?
dont believe anything you hear and only half of what you see
New field added which is Max Draw down. Although it is blank when I look at combines. In the help text it says the max draw down for a 50k account is 2,000 which is double the loss limit. Assuming this would be true for the other account sizes.
I signed up not knowing that they discontinued Ninja. The T4 platform is a dinosaur - has bugs all over the place. Anyone considering the Combine should wait for them to bring Ninja back.
@phantomtrader - I'm curious what bugs you've found? CTS is actually quite a robust platform in my experience - the DOM is quite a bit better than Ninja's and from what I understand far more professionals use T4 than Ninja. I'm curious to hear about your experience as I'm still using T4. Thanks.
Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert