Curioso wrote: Fri Aug 23, 2024 1:10 am
Hello RollerAndTrading,
Congrats mate, number #1?
Sorry the question, but i don´t know how that prop firms works.
No, don´t have position for this challenges
You pay a fee to take a challenge, in my case, I take the challenge of 50k.
Points of considering:
To pass the challenge need make 3000 USD in profit.
Minimum 1 trading day.
You have a max drawdown of 2500 USD in Trading threshold, for example, you starting with max drawdown on 47500, if you open a position and you position go 500 USD in positive, now you max drawdown will be 48000, independent if you get you profit or not, so it is important reserve some pips when you have a positive position.
Currently they have 80% of discount in challenges, so to my it's more convenient use they challenge than open a personal account.
In the first payout you can withdraw max 2600 USD in the 50k account, but after the 3rd month, you don't have more restrictions about amount of WD request.