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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (85491)	4/2/2024 4:34:13 PM
From: Qone0	2 Recommendations Recommended By ajtj99 Sun Tzu Read Replies (3) \| Respond to of 98058

Close, a $2500 draw down shuts you down for that day if you have built a cushion in the account. If you have a $2500 drawdown to $47,500 when you first start the performance account. That will fail the account. So you have to limit size when you first start until you have a cushion built. After you have built a cushion the fail is at $50,100. So you have to leave some of the money you have made in the account. The funding goes up to $300k and the fees go up with the amount of funding. the draw downs change to reflect the account size. After you have a funded account you just pay the fee and trade as much or little as you want to.