Speaker: Matthew
Matthew: Hello, this is Matthew Evangelista and I did choose Trade TradeDay over other prop firms because of how straightforward all the rules are. and how much it helps to be able to get payouts from day one. many other prop firms have all these other steps needed to even request a payout once you get funded. I have received a payout from TradeDay It is legitimate and easy to do. And the rules are just so much better with the trailing draw down. You actually don't have a max loss limit in the day, which actually has helped me in other prop firms. You lose $1000 and they shut you down for the day. Well, I've had a bad trade that's lost $1000 and then I went back and made $2000 and that wouldn't have happened on another trading platform. I do love TradeDay TradeDay. I do wish we could trade during the, news events, but that is the only draw down and I do understand why they don't do it.
How has TradeDay helped you in your journey to becoming funded with them?
Matthew: TradeDay has helped me on my journey to becoming funded with them. Just by having the rules that it has really made me manage my risk better. It is constraining when you have to close your trades. By the end of the day, you can't trade during news events, but it really forced me to adapt my strategy in a way that does help save risk in the long term. And so by taking my strategy which was kind of a day trade slash swing trade strategy and really hone in on just capturing profits intraday, definitely helped me with my draw downs and I was able to get funded through TradeDay and get a payout. So that is really awesome.
As a funded Tradeday trader, could you describe your experience with the TradeDay team?
Matthew: I've had overall a good experience with the TradeDay team. I haven't needed to interact so much with them. I do wish that, you know, there are certain things with people who are trading with them and have been loyal partners and paying for challenges and being funded to, you know, give a little grace sometimes if you did break a rule other than the max drawdown rule. But other than that, you know, I understand their business model and I had not had much of any problems with them other than that.
