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 made a test withdrawal of $1,500 without any issue. Withdrawal got approved and I received the money the next day.
However this was just a test and I will continue building up the account until $25k profits, to have a buffer. Only then I will trade bigger contract sizes that 5 and take some more riskier trades. For now it’s building up slow and steady.
Quick question - if you don't withdraw, then the trailing drawdown doesn't actually trail the account value? I mean, if you are say +25k in the green, you could have a loss of, say, -20k and you'd still be fine with privileges on the account? That's what I understood from your message, but didn't know it worked that way, so I just wanted to confirm I got it right.
This applies only to funded, during the combine you can trade news:
1) You can trade at some news and some news not.
For example: FOMC Meeting Minutes you can’t trade Equity Indexes like ES from 1 Minute before to 1 minute after. But you can trade other instruments during that times.
2) the drawdown is calculated live, including open positions. I strongly recommend: trade the account up slowly, build up a buffer that you don’t withdraw -> issue with drawdown basically eliminated, if you don’t mess up badly. But you should have your own rules in place to prevent that.