5% of traders get payouts buddy which doesn’t mean 5% are profitable or net positive
Net positive are probably 0.1%
Prop firms are doing fine
Nowadays for some prop models the way they forfeit profits and change rules retroactively you would have a 100x easier time in a personal cash account
That being said
If props get even worse they go out of business simply because their roi is worse than putting the eval fee in the personal cash account
5% of traders get payouts buddy which doesn’t mean 5% are profitable or net positive
Net positive are probably 0.1%
Prop firms are doing fine
Nowadays for some prop models the way they forfeit profits and change rules retroactively you would have a 100x easier time in a personal cash account
That being said
If props get even worse they go out of business simply because their roi is worse than putting the eval fee in the personal cash account
@Drafttrading he would have been better off putting the eval fee in the personal with such a performance lol
These props really brainwashed most people making you think all of them are superior to putting that eval fee in a personal cash account
@TradersParadise@fastprops Got you and what about your stops on NQ?
How do you determine your stop loss size?
Is it from ATR or do you average a 50 point stop f.e. or is it something else?