@austinsilverfx@BrettSimba@TradeifyFunding Love the transparency from Brett and the firm. A firm run by a trader for traders. One of the coolest things I think is knowing upfront exactly what is required to be able to move from sim to live and is a blessing in this industry where rules can be very mirky.
@BrettSimba joins the show to talk about his new funding firm, @TradeifyFunding
They pride themselves on bringing great traders into live accounts, unlike many firms who are focused on sim-funded trading.
In that pursuit, Tradeify offers an INSTANT funded account option that may change the entire funded trader industry.
Brett and I are similar in background so this convo went by really fast and flowed even better.
Enjoy and thanks Brett!
#TheDayTradingShow
@icttradinglab @TraderBach And the reply I always hear is โbut trading for myself is freedom and I get to be my own bossโ - if you are actually performing and making money for a fund/institution you are given a very long leash
@icttradinglab @TraderBach Someone like this would get snatched up by a big bank, hedge fund or family office and be paid a fat salary with loads of perks and receive enormous performance bonuses on their outperformance
@icttradinglab @TraderBach The problem is that itโs a loaded question. Define profitable? Over 1 month? 6 months? 2 years? 10 years? If youโre someone who is actually profitable over the long term (have a track record of 5+ years of positive expectancy) why would you risk trading your own capital?
@icttradinglab @TraderBach Brother I hate to break it to you but the people โactually making money tradingโ are not on twitter they are working for banks or hedge funds and live quite boring normal lives