Straight answer: no robot guarantees passing a funded challenge. Anyone who promises it is lying. A good automated system can help you trade with consistency and discipline —which is exactly where most people fail the evaluation— but it does not remove the risk of not passing.
Why people fail the challenge
It is almost never about lacking a winning strategy. It is about breaking the plan, over-trading, moving the stop, revenge trading after a loss, or violating the daily loss limit or the trailing drawdown. In other words: the human factor. That is where an automated system can actually help.
What a robot CAN bring
Execution with no emotion: no fear, no euphoria.
Respecting the stop and position size, every time.
Trading even when you are not there, without breaking rules on impulse.
What a robot CANNOT do
Guarantee results, predict a bad day, or bypass the math of the trailing drawdown. If the market gives no good days during your evaluation, no bot fixes that.
Be suspicious of any «robot that passes the challenge guaranteed». It does not exist. It is one of the clearest signs of smoke in this industry.
Don't have NinjaTrader 8 yet? It's free for simulation and backtesting.
Download it here →
Risk Disclosure: Futures and forex trading involves substantial risk and is not appropriate for all investors. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past results are not necessarily indicative of future results.
Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
NinjaTrader® NinjaTrader® is a registered trademark of NinjaTrader Group, LLC. No NinjaTrader company has any affiliation with the owner, developer, or provider of the products described here, nor has any interest in, or provides any recommendation for the products or services described.