April 20th, 2016 | Step 2
Lesson 6 Chapter 1
We achieved the Funded Trader Prep target of $1,000. This was done in 4 trading days. Now, technically, you need to complete a minimum of 10 trading days in order to complete the Funded Trader Prep combine.
However, now that we are over the objective of $1,000 you can simply “play out the string” with a series of 1 tick winning (or losing) trades provided you have a minimum of 50% winning days.
Admittedly, taking 1 tick winners or losers is not “real” trading, but in the end, this is about completing the task of showing you how you can receive a fully funded trading account with TopstepTrader.
TopstepTrader is the leading source of retail trader funding and provided you can pass their criteria / rules, you too can earn a fully funded trading account up to $150,000. During the past 3 trading weeks, the Oil Trading Group has taken you from the initial trading combine all the way through the funded trader prep combine. We have done this in the minimum amount of time allowed. So, let’s put this another way; if you started with us on April 20th you could have passed your trading combine, funded trader prep and be looking at being set up to trade an account with buying power of $50,000 in the space of less than one trading month.
Now to make this even more exciting, once you are fully funded you receive 100% of the profits up to $5,000 and then you receive 80% of the profits for the remainder of any profit you achieve. But the best part about this is that you assume NONE of the risk! Let me say this again….80% (or more) of the profit and none of the risk!
What are you waiting for? Let The Oil Trading Group assist you with becoming a fully funded trader with TopstepTrader.
Funder Trader Prep – Cumulative Total
The Oil Trading Group. (“OTG”) does not hold itself out as a Commodity Trading Advisor (“CTA”). Given this representation, all information and material provided by OTG is for educational purposes only and should not be considered specific investment advice.
Trading performance displayed herein is hypothetical. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones' financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not indicative of future results.