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Honestly, this whole 99% fail, 90% fail numbers being thrown out there seems like its a loose number not backed by research. I've done my own study on this issue and found that its more closer to a 65-75% fail rate. If 99% of all traders fail then the 1% winning is who exactly? Care to elaborate?

I appreciate the positive message and your suggestions. To your point about the yoga, meditation and the mental "ying and yang" stuff... I feel like I get what your saying. With poker its a mental battle with yourself along with a battle against the players sitting across from you. Trading...

I dive deeper into the questions you suggested I ask... This firm is a pretty well known prop firm here in the US. They are licensed broker-dealer and a member of one of the larger exchanges here in the US. So the capital contribution is tied up for 1 year and held in the states under...

You said two things that are interesting... The first is: I'll be subject to their rules including getting permission for outside activities such as my current job. Personally, I don't plan on returning to my place of current employment AFTER I receive my 4 months leave. However, if I were to...

It's a prop where I put up risk capital. I can trade remote or at their office. Commissions/trade fees are passed to me the trader along with ECN fees/rebates. As far as I know they mainly trade equities/options. What do you mean by DMA colo servers and Microwaves? I'm assuming they'll allow me...

Since this is my first post... Let me first introduce myself. I work full time in a job that I don't have much passion for. Looking to transition into a trading career while I have 4 months paid leave from my current job. So, I'll have a paycheck while trading, bingo. I currently can't paper...