Passed the SMB Futures tryout in 15 days. Waiting now on the funded account paperwork ----------------------
You forgot to mention it's $325/mo. to tryout. That is nuts. Given their requirements for tryout it's practically free money for them. You'd be better off donating it to charity. Or better yet save for 6 months and trade MNQ/MES. Cool shill post though. I'd be surprised if anyone wanted to donate.
What's the point of this? Do they offer better commissions to reduce trading costs and make scalping viable?
Not sure about ratio - this tryout is a little harder to pass in my opinion than Topstep because the daily loss limit on this one is $1,000 but the profit target is $5,000 so that is a 5 to 1 ratio whereas Topstep's are all 3 to 1
I also passed the Earn2Trade $100K tryout. I will also post the link, the tryout rules and parameters for it as well. I simply took the tryout for it as well like I did SMB. I dont work for either one (SMB Capital or Earn2Trade) and neither posting is a shill posting trying to promote either company https://www.earn2trade.com/gauntlet-mini $100K Gauntlet Mini Virtual Starting Capital - $100,000 Profit Goal - $6,000 Trailing Drawdown - $3,500 Daily Loss Limit - $2,200 Max Position Size - up to 12 contracts but most follow progression ladder What are The Gauntlet Mini™ rules? Gauntlet Mini™ candidates must adhere to a disciplined trading plan that incorporates the following rules. It is important to note that any deviation from the rules will result in termination of the Gauntlet Mini™ and force a restart of the program. Trade a minimum of 15 trading days Do not reach or dip below the daily loss Do not exceed the maximum position size Do not reach or dip below the trailing drawdown Only trade during progression ladder
Congratulations on passing their test. Don't listen to the naysayers - keep charging. Let us know how you're doing.