Quote from ajtixs:
I would rather just subscribe to some daytrading room than join a prop firm
You will spend a lot of money until you realize they really don't work. They use tricks such as entries or exits that their subscribers never get, or put track record results that are the MAX favorable price, instead of a realistic exit, etc.
Is 6 months of confusion and failure not enough to seek help? I can not afford to do it for 2 years and make nothing.
Unless you learn to trade yourself, you are going to find out that your chances of losing your money or just breaking even, is probably near 98+%.
If I'm being unrealistic, please tell me.
Very very unrealistic. This is how people start - they want to quit their job, start being profitable within a few months, etc.
And be very wary about people "suggesting" something - they are usually either shills or newbie traders, who do not realize all the costs, complexities and shenanigans that go on with a paid service.
If you can get it for a few hundred a month, the only one making money, will be the person you are paying.
People do not sell a true, quantifiable edge for a low price, but they are happy to sell smoke and mirrors
There are a LOT of threads similar to yours on ET. I strongly suggest you deeply study MANY of them, to get an idea of what it is really like.
And if you accidentally trip over a real edge, then you will discover rule 2, that unless you have superior money mgmt, trade mgmt, potrfolio mgmt, etc, you can still lose your shirt (and pants, and socks, and...)
