Hey
@nehal_rm1 happy to have this conversation with you. Let’s talk about what it means to be a profitable trader. Since September 1, you’ve had 35 PRO+ live trading accounts. You have gone max loss in 21 accounts and you took out profits in 14 accounts. Your live trading resulted in a net loss of $6,100 across all these accounts. So, you are not net profitable - even though you took withdrawals.
In total though, you lost $56,000 of our live trading capital (net of the 10% profit share we got on your withdrawals) because of the way you cycled through accounts. It's a good trade for you - you got $67k in payouts from your PRO+ accounts. All the while not actually being a profitable trader in the market.
But we're not going to enable this reckless behavior more. All of your max loss accounts happened within a day of the account even opening. In four trading days alone, you lost $89,685 in live trading capital.
Did you have some good days? Two. A $30k and a $20k day. And you showed some promise. The second to last set of PRO+ accounts were profitable. That's why we initially gave you an exception for PRO+ Development. We always try to give traders the benefit of the doubt. We're rooting for you. And then you lost $18,000 of live capital in one day on 10/13. The same day those live accounts were opened.
So no, right now, we’re not going to give you a full $20k again to lose in live markets. It’s not OK to lose $20k and close your accounts in one day. And we think you know that…
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@markrmeadows, Director of Trading Risk