I am recommending The Gauntlet by Earn2Trade (affiliation disclaimer below) because is the closest to real live trading: with fewer rules (no more fear of losing our challenge or Funded Account because we are in a trade during a news release or at markets close) it lasts 60 calendar days, therefore you have plenty of time to prove your discipline and commitment.
I explain in My Trading Plan page in detail the way I work, yet in a few words:
– I am a pure technical trader.
– I used the Slope Rider by Savius which is a counter trend strategy;
– I used Pivots (see my free indicator on TradingView) and Point of Control (PoC) from the Volume Profile as references for entries and targets.
– Most importantly: I managed risk well! This is the secret of a successful trader!
…and yet I even had a terrible day with -102 ticks, so bad day happens to all of us (sierra didn’t take my Stop Loss instead taking an extra 47 ticks in 1 trade! Horrific!) what matters is to remain profitable!
Watch this great video on Risk Management that Earn2trade donated to us from its training course.
[if it doesn’t play just copy and paste the link in a new window. Earn2trade owns the copyrights on this video]
The Gauntlet may seem more expensive than its competitors but trust me when I say that resetting Combines in Oneuptrader and Topsteptrader can easily amount to a much larger sum! And worst of all it lowers your accountability and discipline pushing you to take larger risks, so please be very careful!
It may seem more expensive, but trust me when I say that resetting Combines in Oneuptrader and Topsteptrader can easily amount to a much larger sum, and worst of all it lowers your accountability and discipline pushing you to take larger risks, be very careful!
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