lol these guys pop up like mushrooms. No drawdown, but the total drawdown is equal daily drawdown at some firms lol And I suspect trailing drawdown as well. No thanks. Too risky.

Prop Firm Hub

I never worked for an FX broker (although I considered it a few years ago), but a colleague of mine was a head of research at a prominent broker. Based on his stories from the inside, a sustainable prop firm should run A, B, and C books. Their ...

Prop Firm Hub

What could be an external trigger for such a cataclysm? A recession? probably not Madoff's ponzi failed once a massive recession arrived and people asked for their money. Still, back in 2008 poker was still booming and continued to thrive through ...

Prop Firm Hub

Sounds reasonable to me. I passed a 100k acc using literally no position larger than 2 lots and without trade stacking.

Prop Firm Hub

hmm, now we come to an interesting question Knowing what you know, how would you design the testing period before giving out live accs?

Prop Firm Hub

That's exactly my point. I think we're going to see the great cleansing, and maybe a handful will make it through. From the rules/benefits standpoint - I dont see things getting better as this. It does feel like we're peaking in terms of favorable ...

Prop Firm Hub

Don't most of them ban grid and similar strategies? From my personal experience, 30 days were not enough for my profitable but slow approach strategy of 6-8 swing trades per month. However, my style is easily replicated by any firm out there. Maybe ...

Prop Firm Hub

never really understood your beef with unlimited days - except from one angle Technically, every purchased acc is a potential liability for the prop firm on their balance sheet, and that acc having no expiry date equals potentially unlimited ...

Prop Firm Hub

doesn't play well into marketing from your typical gambler's perspective

Prop Firm Hub

I guess his html copy script glitched happens

Prop Firm Hub

"We are operating as a fking unlicensed securities exchange in the USA bro"

Prop Firm Hub

We're currently in a race to the bottom phase. Once someone overdoes it and goes bust, we will see consolidation.

Prop Firm Hub

so, you are 25 pips on side with a 25 pips SL news pushes the price 50 pips against you within a minute and hits your SL you can be in a rather small position that does barely a dent in your acc, but you have technically hard breached an acc ...

Prop Firm Hub

trailing loss or absolute drawdown from initial balance?

Prop Firm Hub

that distribution of reviews screams paid reviews to me....

Prop Firm Hub

You're not allowed to correctly identify a healthy trend and then trade exclusively in that direction

Prop Firm Hub

you're working the edge, your trades have positive expected value I'm not trading to be entertained, I'm trading to be bored by how predictable it gets. That's the goal.

Prop Firm Hub

yup, and nowadays there is way more stupid money in trading than in poker - so, why not take it? I mean, even prop firms that operate as Ponzi schemes pay you- a legit trader, by taking the money from inferior traders.

Prop Firm Hub

sole reason I switched from poker to trading was scalability. Online poker market got smaller and the field got tougher over the years. Requires much harder work than trading and it is not that scalable.

Prop Firm Hub

I mean, the guy is a risk manager. He's managing the risk that he has by having to pay you

Prop Firm Hub