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I have never applied for funding...I can't guarantee that I would make 1 trade per week. My strategy is a daily swing program with a holding period of a few days to a few weeks, so while I might have open positions every week but not necessarily a new trade. With my style I would be over-trading if I did that, which is obviously counter-productive. And of course I asked them about a "fake" trade, inputting a trade then selling it a few minutes later to get over the hurdle, and they would not bend on that; also it's not an "average" number you can't have 2 trades one week then zero the next and average them out to 1 per week.
While I don't agree with it, I understand their rationale in driving consistency and eliminating a lucky few trades, but as professionals I think they could see past those strategies that game the test rather easily, but it is what it is, so I think their requirement is better suited to an intraday approach.
For those in my position I would recommend Collective2 as an alternative.
If you have any questions about the process, i recently passed my Gauntlet and now i am waiting for my funded account.
Check my journal for regular updates:
I am going to start my Gauntlet on Monday 15th of October.
In the past i have tried out TST and OneUp trade.
The reason i failed at TST was because my system just wasn't ready and then i tried OneUp however the daily draw down based on balance …
I think it sounds like a positive move for everyone. Both Earn2Trade and Jigsaw Trading (Journalytix) are site sponsors of futures io as well, and I'm glad to see them teaming up to encourage users to journal -- and by extension, improve their trading performance. As you guys know, I am a huge believer in journaling!
@Earn2Trade recently released their new Gauntlet Mini and I received an email with a few details, so I wanted to share it here for those interested in this new program:
Orianna Foucault, Director of Support and Candidate Relations at Earn2Trade will be monitoring this thread so that she may answer any questions that you post here relating to Earn2Trade's products and services.