Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now, It is 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
Available coupon codes for premium Elite Membership:
If you are a researcher and pay attention to details, you qualify for our 10% discount - "CHARTIST"
If you are a veteran or in public/community service, you qualify for 15% discount - "PURPLECHART"
If you are 60+ years old, you qualify for our 20% discount - "WISDOM"
Discounts are based on the honor system. If we can't trust you to do the right thing, please move along.
(If you already have an account, login at the top of the page)
At this point, none. They have extended a 15k 80/20 offer with a large drawdown, but not a 25k one. Unfortunately the vast majority of people who have passed have had pretty bad risk:reward, actually most of them have a reverse ratio (more risk than reward). That's just not something that will earn the max offer right off the bat, they may gain it over time though.
This is not to say it's not possible, you just need to post up a good risk:reward and show that you really deserve the best initial offer.
Earn2Trade www.earn2trade.com Become a Professional Trader. Decisions That Can Change Your Life Forever.
The following 2 users say Thank You to Earn2Trade for this post:
Site Administrator Swing Trader Data Scientist & DevOps
Experience: Advanced
Platform: Custom solution
Broker: Collect them all
Trading: Equities, Futures & Crypto
Posts: 49,915 since Jun 2009
Thanks Given: 32,906
Thanks Received: 100,817
Hi guys,
Our November Journal Challenge is about to begin, and is sponsored by Earn2Trade. One of the prizes is a free 60-day Gauntlet, which can be used towards earning a fully-funded trading account.
My goal with these events is to encourage journaling. It is my absolute belief that the more you journal, the more you improve your trading. I hope to see you participate!
@Earn2Trade A question for you guys — I think about going for the Gauntlet right now. Assuming I submit a dedicated journal about it here for the contest would you be willing to refund the gauntlet fee in the unlikely event that I “win” the journal contest? Probably won’t skew my decision either way but nice to know in advance.
That's awesome! Another couple questions that I haven't seen an answer to:
1) Margin at Ninjatrader. I understand that the issue with OCO through Rithmic is that both orders are at the exchange, thus 2x overnight margin requirement per contract traded. Can you check/confirm that, if I use the "Market-if-touched" functionality with @NinjaTrader (holding the limit order locally until a market order is triggered to close the position) this margin multiplication does not take place? i.e. 1 contract long + sell stop market + sell limit (MIT) = 1x overnight margin.
2) looking at the live account - are the professional fees due once for the entire CME group or for each exchange individually? With non-professional there is individual & bundle options so I am unsure which applies here..
3) also live account ... is a review of the account & potential increase in leverage + drawdown limits contingent on retaining profits in the live account? This is one of the core reasons why TST & 1Up imho fail to be an attractive option for live trading, as you cannot get paid and grow your account at the same time. So from an opportunity standpoing no benefits compared to trading your own account (assuming you have 2-3k to spare).
I am sure there will be more questions over time, but for now that'll be it
Thanks a ton,
ST.
The following user says Thank You to Scalpingtrader for this post:
1) You'd need to check with NT on this but from what I understand of how they work, an MIT order is held locally so I wouldn't think it would need extra margin. That said, please check with NT since it's their platform before you sign up! I don't want you to have the wrong info.
2) Each individually, there is no bundle on pro fees unfortunately. That said, don't forget that the fees come out of your account, not your pocket directly.
3) That would need to be a question you can ask helios directly if you need to ([email protected]) but generally speaking, Helios is happy to further fund traders that can show consistency while at the same time being able to withdraw profits.
Earn2Trade www.earn2trade.com Become a Professional Trader. Decisions That Can Change Your Life Forever.
The following user says Thank You to Earn2Trade for this post:
The above statement is incorrect. You will only need 1X margin NOT 2X. Additionally, overnight margin is NOT used for working orders, only open positions. So in the case of NinjaTrader Brokerage, it would be $500 margin on ES.
As above, you only need 1X margin. So in the case of a working STOP MARKET and LIMIT, only 1X is required. Same is true if you use a STOP MARKET and MIT, 1X is still only required.
Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
The following user says Thank You to NinjaTrader for this post:
Thanks @NinjaTrader. Then maybe @Earn2Trade should do some investigating on where exactly their issue is with NT platform and margins, as they seem to be unable to reproduce this as described (see their website as linked below) and seem to believe that this is a software limitation (in combination with Rithmic).
The above statement is not incorrect. NinjaTrader does NOT utilize server side OCO/brackets with Rithmic. Thus, if you use an ATM strategy, as soon as the trade is entered the stop/target is entered as working orders within Rithmic and uses extra margin. Please see: https://help.earn2trade.com/platform/how-does-margin-work-with-ninjatrader. This has already been discussed, in depth, with NT support staff, NT brokerage staff, and Rithmic.
Earn2Trade www.earn2trade.com Become a Professional Trader. Decisions That Can Change Your Life Forever.
