I’ve decided. I’m taking the $50,000 Era Trade challenge through Bybit.
I chose the 2-stage challenge.
The challenge costs $399, but with my promo code you get 15% off, bringing the price down to around $339.
Conditions:
Stage 1
— Target: +8%
— Minimum 3 profitable days
— Maximum daily loss: 5%
— Maximum total loss: 10%
Stage 2
— Target: +5%
— Minimum 3 profitable days
— Maximum daily loss: 5%
— Maximum total loss: 10%
There’s no maximum limit on the number of trading days.
⚠️ And here’s one important rule that I didn’t notice at first.
In addition to the 5% daily loss limit and 10% maximum loss limit, Era has another restriction:
The maximum loss per trading idea is 2% of the initial account balance.
On my $50,000 account, that means a maximum loss of $1,000 per trading idea.
And it’s important that this applies to a trading idea, not necessarily just one order. Multiple positions on the same instrument in the same direction may be counted together.
Good thing I went through the rules separately before I started trading — I didn’t notice this restriction on the challenge selection page.
After completing both stages, I get Era Trader Funded status. From there, the goal is to keep trading within the rules and reach my first payout.
My main goal isn’t to try to pass everything in a few trades. I want to trade calmly, stick to my strategy, and manage risk properly.
I’m buying the challenge now. In the next video, I’ll show you how I connect it to Bybit — and then we start.
Era Trade —
https://app.eratrade.net/#/ref/startchallenge
Promo code −15%:
Fightingmoney