DislikedSo $250-500 daily. That brings me to my point, I can make the same on a personal account trading 2 micros. I can essentially set up 5 $200 "mini accounts" and copy just the same.
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Just trying to wrap my head around additional evals or take the same cost and trade multiple mimi accounts and not deal with trailing DD, payout periods, consistency, etc, etcIgnored
If you use the aforementioned 2.5k investment and do a comparative analysis, you can easily see which is better.
With a personal account, you may find it difficult to trade multiple accounts without being classified as a professional, which would eat into your profits. You will also face liquidity issues at some point.
With prop, you can spread out your risk and copy-trade via multiple accounts and multiple firms as a non-professional, without the same liquidity issues, with much more draw-down allowance etc.. You may still have the monthly fees with prop, but you can literally trade the same way as you would your personal account while making several times more money doing so (assuming similar account sizes).
Pros and cons to each, but for those that are looking to raise capital, remote prop is a low-barrier-to-entry option that can produce results very quickly. Even if you have 50k in your personal account, it is still worth utilizing prop firms.