MR
Mario Rodrígez

1 reviews | Active since Apr 2024

18 Apr 2024, 13:47

Prepare carefully for the evaluation

Ultimate Traders offers a good chance to get funded. I want to share my experience with them. I thought that I was ready for the challenge and did not spend extra time to rehe**** my skills. So, I took Speedy challenge mode. I thought I would never come even close to their 4% max daily loss mark. However, I was unfortunate, as during one trade there was huge volatility and I was caught off guard, and therefore I had come very close to the max daily % mark. Then, another trade that was a loser too, made me violate this requirement. The moral of the story - double check your system, review its risk-management.

In general, my experience , not taking into account those bad trades, was fine. However, I think the fees can be lower and I also think that the max daily and total loss % can be a bit higher, so that to have more room for volatile cases.

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