I am starting a 30 day free trial challenge with Think Capital (owners of Think Markets Broker) and my account size is $50,000
Account is a 50k account
Daily loss is set at 2k
Maximum I can lose is set at 4k
Profit target is 2,500 USD
I am up $584 today
Win Rate 25%, I am done for today.
Observation
Think Capital's profit target of $2500 is on the high side considering that my account is a 50k account. However I like that their drawdown is static (not dynamic). I also like that Think capital didn't charge me any commission on my Gold trades.
I took a EURUSD long trade today and have closed it for $51.99
I am now up $636 total
Win rate has increased to 40%. The way Think Capital calculated win rate is different from what I see with other props I have used.
OBSERVATION
Think Capital prop firm does not have MT5, cTrader platforms but their Think Trader platform is good, its built on TradingView
Just finished trading gold during NY and closed with a little profit net around $20. First trade was a loss but the second was profitable.
My overall profit/equity has increased to 654 USD
Think Capital does not charge commission on Gold trades too. Nice one
