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When I made a few posts on the first page of this thread, it was only really with general chat about funding companies. I had no experience of dealing with TradeDay. I have now, so am just updating the thread with it. Encouraged by what I'd read of the company and by my early contacts with their "Support", I tried the Trade Day "Beginners Program" (nominal $50,000 account evaluation) late last year.
To put it mildly, I had no complaints about them at all and was actually very impressed: they were efficient, friendly, supportive, fast-moving and a pleasure to deal with. So far I dislike nothing about this company and there are many things I like a lot (anyone familiar with my general posts about funding companies might appreciate that coming from me, this is high praise).
Unfortunately, at that point I was really ill, stressed, exhausted, inattentive and plagued by frequent hospital appointments. I traded about the worst I've ever managed, got nowhere, was in loss as I was approaching the end of the first month, and decided to take a break until I'd sorted out my health/medical problems as much as I could. None of this was TradeDay's fault, obviously, but in the circumstances I didn't continue my subscription. Cancellation was very easy.
They've stayed in touch and sent me a good discount-voucher. My situation's somewhat improved now and I've decided to give it another go. I'll start soon and this time will try their "Advanced Program" - nominal $100,000 account evaluation - trading slowly/gently with only tiny position-sizes: probably 1-to-2 micro-lots (up to 4 mini-lots/40 micros are allowed). The profit-target is $4,000 with a daily loss limit of $1,000 and an account loss limit of $3,000.
I don't promise to trade any better, but will update this thread again, either way, with my experiences/results.
No "Journal" planned because maintaining one would be an inconvenient imposition on me, and there's absolutely no prospect of anyone else benefitting from it. Or indeed "benefiting," as you normally spell it across the pond, I've just learnt (or "learned").
The following 3 users say Thank You to Tymbeline for this post:
Good to hear that you're better, and also that you have liked the company.
Keep us updated, but only as you can or feel like doing.
Bob.
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Over here, I know that we don't say "learnt," although the "benefitting" / "benefiting" difference is new to me (I think I would normally have written it as "benefitting", with two "t's", but I'm not sure. My fingers do my spelling, as a rule. Another one is "whilst", which I am quite sure I have never said in my life. It's an interesting language we speak, more or less jointly, in all its variations.
When one door closes, another opens.
-- Cervantes, Don Quixote
The following user says Thank You to bobwest for this post:
I was just about to start again, but realised that February's the shortest month of the year, and as I didn't know whether the subscriptions work on a 30-day or a calendar-month basis and wanted to avoid including 5 weekends in my first month's payment, I asked their Support if it might be better, in the circumstances, to wait until Monday. I got an immediate reply helpfully advising me to start next Tuesday instead (which I will) because Monday is a public holiday over there (President's Day).
I know what you mean: "muscle memory", I think they call it. I discovered that one only because - to my surprise - my (U.S.) spellcheck challenged my original spelling with the double "t". All those words with endings you spell "-ize" and we spell "-ise" I generally leave unamended. I don't think I've ever used the word "whilst", either, though I've certainly seen and heard it used, over here.
We're "two countries divided by a common language", as the playwright George Bernard Shaw said.
The following user says Thank You to Tymbeline for this post:
I passed their evaluation last week and just sent in all of the paperwork to get my funded account set up. It's a real funded account so might take a few days to a week I imagine. Will let you know how long it takes to get access to trading as well as any other interesting bits. So far - great experience. Very straightforward.