Lol - more "historically" than "immediately", I think: there's a long thread about them in the Trade2Win trading forum. I haven't read most of it but from the little I saw, that certainly seemed to be the consensus of opinion among their members.
Thanks for mentioning the forum. I saw the link through another thread many years ago, although I hadn't viewed any of its content. After a review of just the first 5 pages (yes, it's a long thread and I can't read all of it right now), my take thus far is as follows:
The forum has members viciously attacking the Savius model when the owner began to solicit opinions in December 2014. The "consensus of opinion" from what I've read doesn't coincide with logic or fact. For example:
1. Many of the posters seem clueless on what it takes to run a successful business, especially when it comes to start up costs, fixed costs and variable monthly costs.
2. Some obviously DO NOT UNDERSTAND the term "opportunity cost" which really shows complete ignorance and lack of understanding of simple economic principles. I would guess that most traders who frequent these types of boards have attended at least some college, however after reading those posts, it seems as if I'm clearly mistaken, lol.
3. The owner of Savius provides articulate posts regarding their business model, including posting the actual numbers of his start up success rates, P&L stats, how he's open to changing/reviewing/modifying the model, yet the forum members begin to lambast not only him but also Top Step as being "scammers" when no such evidence of either firm being a "scammer" exists.
It's a good thread, and I think it's worthy of review. It provides lots of information on how the business works, even if you have to read through the nonsense. You can see for yourself and make up your own minds.
http://www.trade2win.com/boards/tra...-prop-firm-looking-traders-your-comments.html
Last edited:
