Speaker: Steven
Why did you choose TradeDay over other funded trading challenges?
Steven: The reason I chose TradeDay over other funded trading firms is because TradeDay TradeDay has the most transparent rule set of any company, for example, other companies, there's several rules that are very gimmicky that seem just designed to trip you up. Like let's say the firm one up trader has an intraday drawdown rule which is pretty common in the industry and you will be disqualified if your account fluctuates beyond a certain level, even if you still have a profit for the day. So I think that was completely ridiculous. Another gimmicky rule, for example, is Top Step with their withdrawal rules. You can only take, let's say 50% of your, of your balance out. So anyway, I just think TradeDay has the most trader friendly set of rules of any firm that I know. So I was very happy to find them.
How has TradeDay helped you in your journey to becoming funded with them?
Steven: I think TradeDay has helped me in my journey, journey to become funded with uh trade day. One of TradeDay's rules is you're not allowed to trade tier one announcement. And at first, I was opposed to that rule and then I started to put that into place and, and I realized how difficult it is to trade tier one announcement, but the volatility is just beyond belief. And I noticed TradeDay would, would also give me emails saying, you know, remind your day that there's a tier one, you know, announcement coming up to make sure you're not in a position to make sure you don't get disqualified. And it also encouraged me to stay on top of the event calendar and uh just to become just to make that part of my trading practice. So, I feel like the the rule is a good rule and it's for everybody's benefit including the firms, you know, and also traders as well. It benefits everyone from my risk standpoint risk management standpoint. So, I feel like TradeDay does help its traders to get funded and, that's been my experience.
As a funded Tradeday trader, could you describe your experience with the TradeDay team?
Steven: My experience with the TradeDay team has been very positive. There have been a couple of times where I needed some feedback and I emailed them and they were getting back to me within a day or less and it was really appreciated because things come up. And you want, maybe you don't understand a certain rule or you want some clarity as to what the next step is as far as, especially when you're first starting out and, and you want to know, make sure you get, you're getting the rule correct. They're very positive in their interaction. And I didn't have any issue at all and, and I became very, very confident with, with their level of service. So, would say that that is one of their strengths and I'm happy with that to report that. It's been very good.
