Hello!!
How did I qualify for a prop company.
I decided to share my selection experience in the prop company))). My syllable is not a writer’s one, so accept my “paper scandal” as it is. Having played enough on Forex, I decided that it was time to become an “adult”)) boy and began to consider opportunities for trading futures. Since you can’t come to Chicago with a hundred bucks, and there are not so many of your own, I began to consider options for prop. Firstly, this is experience, and secondly, the opportunity to get into management an amount that many beginners simply do not have.
Under consideration were the well-known TopstepTrader TST, Delta Discovery Group (DDG), LibertyI Market Investment (LMI) and OneUP Trader. The last prop from the list was rejected due to the absence of at least any positive reviews (maybe I was looking badly). TST recently tightened the screws and too (in my opinion) raised the bar for profit, in DDG I did not understand some conditions, and the percentage of possible payments was not pleasing.
Stopped at LMI. The prices for passing the selection are approximately comparable to TST, but the bar for profit is much lower. I decided to try my hand from the bottom and got the most democratic MINI selection, costing 80 bucks and the ability to get as much as 10,000 “evergreens” in control. After all, you have to start with something)).
So, let's go, the selection has been paid, access to the full version of Volfix has been obtained (trading is carried out only on this platform), 300 bucks are drawn per day and the maximum trawl is 500, profit target is 600. Easy jitters, several entrances to intuition (it’s never fails)) and after a few days I fly out, because I violated the rules. Biting my lips and thinking it over, I decided to reset it for $ 50, because I still have time to go through the selection, and the reset cost is less than buying a new selection. And cheers - good luck, I went through the first stage of selection and got 15 days to go through the second stage of “qualification”. Honestly, I filled the required amount in one day, and 4 days just kicked the system under the table, doing one deal a day, since the minimum number of days for trading at this stage is 5. Hooray, it happened, I passed the selection! !! Some formalities - an agreement with LMI has been received and signed. Everything, I’m a superstar and from Monday a new life will begin, everything is like in advertising - money by the river, a snow-white yacht and your own island in the ocean. However, reality kicked in my stomach and less than three full days passed, as I merged on my account so desired. Merged by stupidity, as they say - "incontinence" (((
The moral of this parable is that it’s not enough to go through the selection and get an account for management, you also have to stay on it.