{quote} It can be explained even more simply....been posted many times. Clearly, some aren't paying attention. Pay $500 for a 100K challenge and simutaneously deposit $500 in a personal account. Stage 1 the average target is 8% with 10% DD, you'd have $900 in personal account. Stage 2 is 5% with 10% DD, $900 becomes $1,350. Prop firm refunds the $500, so apples to apples, you must pull $500 from personal, leaving you $850. With the prop you have 10K DD, with 80-90% split, let's call it $8,500.....it is 10X what you would have in personal account....
! I have seen this kind of calculation and reasoning long enough to here and I believe most of you who reason trading this way should be fly your private Jets by now but at last 
you are still here looking for Prop firm. Trading doesn't work like this in real life and if you or anyone here believe otherwise, let them put it to test by starting a prop firm 100K challenge and also deposit $500 into their accounts. We will monitor the accounts and see if they will even pass phase 1 challenge not to talk of having $900 in their personal accounts.
,so they have this "law" where on CFDs you can only deduct 20K from losses.
I have 4 props. 1 Broker. I trust neither. I have a trading edge. PLAN: milk the props as far as they can go, then look for a new prop. (Btw. communist Germany only allows a handful of props that comply with their "Gestapo rules"). Every time I double my broker account, take out the profits, but increase leverage on the trades as if the whole amount was still there. That is to avoid:...