A new trader has passed the Funding Challenge showing excellent control and patience. Michael J has skipped a funding level and is now proving himself on a $20K account (level 2). If he shows further control in behaviour and psychology then we will be looking to fund straight to $150K. Have a look at the size of the losses verse winners, win/loss ratio of 66% and System R ay 2:1. Excellent! All of the required criteria was met; consistency, good, risk management, low variance in the equity curve, low open trade draw down. In the industry this means the trader has "ring fenced" risk and risk of ruin is negligible.
