i planing to join to one of them but i confusing. . I curious if someone else tried or have comment
traders4traders or the5ers?
traders4traders or the5ers?
Traders4Traders "get funded to trade" programme - Any review? 5 replies
QuoteDislikedThe Trailing Maximum Loss Limit (as the name implies) trails your highest ‘intraday’ account balance. If you add profits, the Maximum Loss Limit also moves higher & trails your highest realized ‘intraday’ account balance. If you have lost money, the Maximum loss limit remains the same as the previous day. When you start trading the $100,000 account your trailing maximum loss limit is set at $96,000. As you make money the trailing maximum loss limit increases with your highest ‘intraday’ equity account balance. If you opened a position of 10 lots...
QuoteDislikedYou can make withdrawals whenever you like BUT if you withdrawal profits before your maximum loss limit are equal to or above your starting balance, then the amount you withdrawal will be deducted from your maximum loss limit.
Example: A trader starts with a $100,000 account and makes $2,000, taking their maximum loss limit from $96,000 up to $98,000. They withdraw the $2,000 taking their account balance back to $100,000. The maximum loss limit stays at $98,000.
The next few trades they make $3,000, taking their account balance to...
QuoteDislikedThe Trailing Maximum Loss Limit (as the name implies) trails your highest account balance. If you add profits, the Maximum Loss Limit also moves higher. If you have lost money, the Maximum loss limit remains the same as the previous day.
If you hit or exceed the Maximum Loss Limit at any time, with realized or unrealized losses, your account will be disabled.
DislikedI hope that makes sense. If it doesn't let me know and I'll do my best to answer your question.Ignored
DislikedOnce the trailing maximum loss limit reaches your starting balance it remains staticIgnored
QuoteDislikedthe Maximum loss limit:It remains stationary at your starting balance for the remainder of the accounts life.
QuoteDislikedBoth your Weekly and Maximum Loss limits increase as your account balance grows.
Your Weekly Loss Limit will slowly increase to 8% of the account balance.
Your Maximum Loss Limit will slowly increase to 20% of the account balance.
QuoteDislikedEarly Withdrawals Reduce Your Maximum Loss Limit
Example: A trader starts with a $100,000 account and makes $60,000, taking their account balance up to $160,000. Their maximum loss limit is now $35,000 (2.5 times the Weekly Loss Limit).
If they want to continue trading they must leave some of the $60,000 profit in the account. If they withdraw $50,000 their account balance will be reduced to $110,000, leaving them with a maximum loss limit of $10,000.
QuoteDislikedwithdraw profits depending on how you signed up for the program
QuoteDislikedclose trades at weekend or trader will lose and have to reset his account
QuoteDislikedevery trade must attached with sl
DislikedAnswer to Q2A - We have also updated and simplified the Live Scaling Plan. Calculating the Trailing Maximum Loss Limit - we originally had large loss limits for the live accounts but that too became problematic when traders were risking large portions of their profits. So to start with the Trailing Maximum Loss limit is twice the Weekly Loss Limit. Once the trader reaches 20% profit the Trailing Maximum Loss Limit stays at 10% of the highest account balance. So at $150,000, the trader can afford to lose $15,000.Ignored