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Hi. I just wanted to be clear. I have someone I have been mentoring that might want to try The Gauntlet..but really wants to stick with the Ninja Chart Trader because of certain indicators..etc.
Are you saying you have a solution..or will in the near future that eliminates the double margin issues that been brought up? The instruments he will be trading are CL, NQ and YM.
For the Gauntlet, you mentioned there is a 10% drawdown ($2500). Trying to understand it better.
Is this in relation to the initial balance only, or does it technically trail? For example, if I'm starting out with a $25,000 account and make $5000, is my max drawn down $2500 (meaning if my account dips under $27,500, I'm out)? Or is my max draw down $7000 ($5000 + $2500)?
I guess I'm asking is the drawdown $2500 at any given time in relation to the initial balance or the $2500 follows the profit? Or basically the account can never go below $22,500 period no matter what you do. You can tell I'm a little confused. lol.
do we know of anyone in the futures.io community actively going through the earn2trade bootcamp?
considering the black friday deal (only way i'd even consider it to be honest, its still out of my budget, but tempted none-the-less. I'd really like to hear some feedback from someone who is already doing it before making a decision though.
I see some gauntlet journals, but nothing bootcamp related.