T3 Trading Group is going to be funding traders

comagnum said:
Funded trading accts - the new gold rush for the ones selling it. The dangling carrot on a stick.

The premise is that the vast majority will rinse out trying to pass the levels taken on SIM. The few that do well & actually get a real funded acct are terminated for any B.S. reason. These places are making tens of millions selling SIM trading.

There are no shortcuts with trading - do yourself a big favor & save up enough to trade your own $.
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Ok, thanks.
 
FTDK said:
I have never heard of anyone getting terminated for some BS reason except for rules that were made clear during the evaluation stage.

Sure those rules might be BS, but they are known in advance and most of the time the same as during the evaluation stage.
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I would think if you follow the rules and are successful with qualifying you wouldn't get terminated. The worse likely you would have to pay $99 bucks for a reset if fail and steps in step 1 or 2.
 
Would I be better off for the Retail Tradrr plan to not select the add-ons? Like a $1,500 weekly max loss turned off for $49, a default daily loss limit of 1k turned off for $49.00 and turning on a 2,500 trailing max drawdown for $49.00 (default being 2k for free), or an increase trailing max drawdown to 3k for $99 per month (default is 2k for free).
 
2ripchic4 said:
I assume perhaps the money comes from the losing trading fees?
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Yes most probably but they wont admit it as that is unethical if not illegal .. but who cares! people loose 100-200 and say to themselves this is not for me and move on.. who benefits? the TEST fee collector ! imagine also if all of a sudden a most of the traders make HUGE profits.. if there are no real trades then where is the money coming from .. may be just may be some of these so called "New prop" do genuinely fund and manage the risk and don't depend upon test fees ..that is a may be ... but looking at the marketing hype it is clear that they need more and more Test takers paying fee to stay float... as the focus is not so much on trader profits but test fees.. one day it is going to bite us all on the backside In this AI/ machine learning era it wont be that difficult to automate the test monitoring on sim .. so why the fee?
GENUINE PROP DOES NOT CHARGE ANY FEE this is the wild west model that is highly questionable but again who cares let the dog eat dog! UTOPIA
 
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