Dave_hendricks
New member
Wall Street Funders (WSF) is a specialized educational and evaluation platform tailored for experienced and novice traders. The WSF focuses on providing educational resources and evaluation opportunities aimed at enhancing trading skills and facilitating the transition to live trading scenarios.
Educational Focus and Offerings
WSF emphasizes speed and flexibility in its evaluation process, distinguishing itself with no minimum trading days required and no specific time limit for completing the evaluation phase. This approach allows traders to demonstrate their skills at their own pace, without the pressure of arbitrary deadlines.
Evaluation Process
The evaluation process at WSF is structured into two distinct steps:
WSF targets a diverse audience ranging from experienced traders looking to refine their skills and prove their capabilities to newcomers seeking a structured pathway into professional trading. By offering both educational resources and practical evaluation opportunities, WSF positions itself as a comprehensive platform that supports traders at various stages of their journey.
Educational Focus and Offerings
WSF emphasizes speed and flexibility in its evaluation process, distinguishing itself with no minimum trading days required and no specific time limit for completing the evaluation phase. This approach allows traders to demonstrate their skills at their own pace, without the pressure of arbitrary deadlines.
Evaluation Process
The evaluation process at WSF is structured into two distinct steps:
- Step 1: Evaluation with a $200,000 Simulated Account Traders are provided with a simulated trading account valued at $200,000.The objective is to achieve a 9% profit target while adhering to strict risk management guidelines. Risk management includes a daily loss limit of 4% and a total drawdown limit of 6%. There are no time restrictions during this evaluation phase, enabling traders to focus on demonstrating consistency and effective risk management over an indefinite period until the profit target is met.
- Step 2: Transition to Live Simulated Account Once traders pass the evaluation and their Know Your Customer (KYC) verification is completed, they can swiftly transition to a live simulated trader account. This upgrade process typically takes between 24 to 72 hours, allowing traders to start trading with real payouts based on their performance during the evaluation phase.
- No Restrictions: Traders are encouraged to trade as they see fit during the evaluation phase, promoting freedom and creativity in trading strategies.
- Risk Management: WSF places a strong emphasis on risk management, with daily and total drawdown limits in place to protect capital and encourage responsible trading practices.
- Quick Transition: The platform offers a rapid upgrade process to a live simulated account for successful candidates, facilitating a seamless transition from evaluation to real trading scenarios.
WSF targets a diverse audience ranging from experienced traders looking to refine their skills and prove their capabilities to newcomers seeking a structured pathway into professional trading. By offering both educational resources and practical evaluation opportunities, WSF positions itself as a comprehensive platform that supports traders at various stages of their journey.
