SCAM
SCAM. I've experience with 10+ propfirm and this is the worst. I recently bought a Diamond Hand account and made a $100 profit on the first day. I opened a trade before the end of a bank holiday, and since the Diamond Hand account allows holding trades during holidays, I proceeded. After securing a 1R profit, I moved my stop loss to break even. However, while I was asleep after the market reopened, the price gradually dropped below my stop loss, but no action was taken to close the trade.
Response from Elite Trader Funding
Holding trades during a holiday and experiencing issues with your stop loss after the market reopened. It’s important to understand that stop-loss functionality depends on the trading platform and market conditions. While we allow holding trades during holidays for Diamond Hands accounts, execution of stop loss orders is subject to market reopening dynamics, such as gaps or slippage, which are completely outside of our control.
Blaming the firm for normal market behavior is neither accurate nor fair. We encourage all traders to carefully manage their trades and understand the risks associated with trading, particularly during volatile periods like holidays.
If you would like to discuss this further or need clarification, our support team is always available to assist you. However, baseless accusations against our firm are not constructive and detract from a fair evaluation of the services we provide.
ETF Team
Blaming the firm for normal market behavior is neither accurate nor fair. We encourage all traders to carefully manage their trades and understand the risks associated with trading, particularly during volatile periods like holidays.
If you would like to discuss this further or need clarification, our support team is always available to assist you. However, baseless accusations against our firm are not constructive and detract from a fair evaluation of the services we provide.
ETF Team