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Hi Scalpingticks, thanks for your inquiry and feedback. We are constantly looking for ways to improve our evaluation and trader experience. Although we believe the 10-day rule is meaningful in encouraging traders to build their account equity judiciously while maintaining their profits, we do realize some traders find it prohibitive.
As we approach 2017 we are currently reviewing all of our Trading Combine, Funded Trader Preparation and Funded Account rules and requirements, so stay tuned for updates!
Thanks and Trade Well.
Can you help answer these questions from other members on NexusFi?
"All traders in Funded Trader Preparation™ and Funded Account™ must be flat 1 minute before until 1 minute after a major economic release.
Those in the Trading Combine® do not need to be flat during any releases."
I find it curious that those in the Combine trading demo accounts are allowed to trade news / reports, but once in a FTP account this is prohibited.
Anyone who has tried bracketing various reports in Sim will know that you get very unrealistic fills and therefore very unrealistic profits. I'd say it would be quite easy to pass a Combine using this method alone, but it would be a pointless exercise.
So it makes no sense to me to allow it at all, unless it's to cause traders to repeatedly do the Combine
@Stillgreen Thanks for your feedback. I understand how this is a disconnect. Our general stance and recommendation is that trading off of economic reports is inherently too risky. We are currently reviewing all of our rules and requirements for 2017 so will certainly take this into consideration in those discussions! Thanks again.
You have the Trailing Max Drawdown in place. Considering it trails up to the $0 mark anyways I wonder why that alone isn't enough and the 10 day rule has to be in place? Makes it difficult for traders on slower markets like Treasuries where volatility can dry up for weeks at a time. Or those who take longer position day trades and after only 10 days may only be up by their daily max loss. Hardly enough room to continue taking positions when you hold until the close.
I understand completely though if that rule deliberately eliminates the type of trading styles/markets you wouldn't wish to have money being managed under
@RielA We really appreciate your feedback and are very happy you love the new website. The team worked hard on trying to improve the website for a better user experience. As we mentioned before the rules are being looked at in 2017. We appreciate your feedback, keep it coming.
Got to my profile -> billing
Hover with your mouse over the active account, at the right there are three dots,
you can select cancel and give the reason.
I read where someone said in another post on another thread that if you pass the combine only trading say CL, then that's all you can trade if you pass? Is that correct, or can you trade any market you offer even if you pass the combine trading only one market?
I don't think this can be right, because there are references on TST's website to the fact that you can trade things not even tradable during the Combine.
But would also like to see a response to this question, please.
The answer used to be clearly spelled out on the website in the Help pages, but I can't find any mention of it now. (The entire site was recently redesigned.)
It used to be that you had to do the FTP in only the instruments you were profitable in during the Combine, and you could only initially trade live in the instruments you had been profitable in during FTP. However, you could later expand out to other instruments in live trading -- I did not remember if it was after a certain profit level or a certain period of time, so I went to the source (the website) to double-check, and now I can't find any mention of the issue at all. As far as the website goes, it appears that there is no restriction at all regarding what you can trade in either FTP or live, other than it must be on the allowed instrument list. If this is true, it's a huge change. If it's not true, the Help needs some work. If I just couldn't find it, I hope TST will help us out. (Also, it used to be easy to find things....)
2. As an FYI, it appears that a lot of information that used to be easily available in the Help pages is now either gone, or is not readily findable. Or, perhaps the policies have just been changed without announcement.
@bobwest @Tymbeline @emini2000 Thanks for your inquires and discussion, the answers to your questions are as follows:
1.) Previously in Funded Trader Preparation you were required to only trade the Trading Combine products you were profitable in. We have removed this rule and you may now trade any permitted products.
2.) Thank you for the feedback. We have removed some items for the benefit of our traders, such as the above, without explicitly notifying our community yet. We have been reviewing all of our rules and requirements ans we will be making a formal announcement of all changes in early 2017 - Stay tuned!