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  1. K

    Why most self funded Prop traders fail

    I said a prop account gives you a lot more margin then a retail account plus allows people with less then 25k to daytrade. That means you are able to blow out your account faster. I never said anything about futures account. With 20 times margin as with my prop gives me you only have to make a...
  2. K

    Why most self funded Prop traders fail

    Retail only allows 2x - 4x margin and depending on if you have 25k or more you will only be allowed a few trades a week due to SEC rule if you are trading US stocks. With a new trader its very easy to try higher shares size with 10x margin or 20x margin with a $5000 account like most of these...
  3. K

    I'm sick and tired of work! :)

    HI, Been reading this thread and wanted to give my results in my quest to learn to trade. I have been trying to learn to day trade now for about year and half. I started out with $7000 with one of the props sub accounts through genesis 10 times margin. lost all that in 1 year. Moved my...
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