Every prop firm has dalily loss limits and trailing drawdowns. How are our limits worse than anyone else's?
I cannot get into directed arguments with specific sponsors. Sorry, there's nothing else can I say to you in this regard.
Every prop firm has dalily loss limits and trailing drawdowns. How are our limits worse than anyone else's?
Every prop firm has dalily loss limits and trailing drawdowns. How are our limits worse than anyone else's?
Is there a time limit on the combine?
Trading prop firm challenge is not a good way to improve your trading skill.
Because when you trade a challenge, you have high pressure to make profit.
But the improvement in trading comes from inspiration of creativity,originality,innovation.
All of these will not occur when you are in a state of high pressure.
In another word, in a challenge you will never be able to find the way leading to a consistent profitable strategy. This is from my experiences as I found myself learning nothing in a challenge. All my great improvements, the great ideas came from trading, mostly from demo trading.
Also, I found all other things equal, I made much more profit in my own trading than I was trading a challenge. Because I was much more selective in my own trading , therefore tended to leave out lower probability trades and only act when high probability trades show up. But in a challenge I tended to lower entry standard due to pressure to make profit.