Disliked{quote} It's only someone else's fault if you're a lib....blame Trump When you say your time is limited with the props......are you referring to regulation, the firms blowing up from not being a sustainable model or just blowing up your own accounts?Ignored
regulation would require a few of these firms to die without warning. Funding talent already happened, maybe if FTMO / MFF / e8 died someone would pay attention, but i dont think those firms will die as they manage it properly.
@Andy
You b-book. Thats why that guys numbers are nonsense. No firm would survive an 80% outgoing vs 20% profit. The expenses alone would kill the entity. The higher the profit split the more likely they have internal means of making users lose. Hell, historically even 70% for a prop firm is high, in proper arcades getting above 50% you have to be a real talent.
These are retail casinos, they pay.. But its no different to the brokerages, name your favorite brokerage and I assure you they are b-booking you. They will hedge their entire book or do matching but most of the time your order goes straight into the bucket. The fact this is being re-visited is intriguing because some years ago, on this very board, it became gospel fact. We expected brokers to be against us for b-book gain. Now people seem surprised by it.
Edit: I have it on good authority that at least the top two, do have hedging strategies for their entire book that isn't just b-booking everyone but it certainly isn't anything to do with a users trading 'skill'.