So basically it works like you are an agent.In FT, some one will fund (free if you are talented - upto 5M$) you and in regular you fund yourself.
Something that I have wanted to do for years, but the amount of time and dedication it requires.. I just don't have it.Interested in knowing if any one is doing funded trading or not.
You have any experience with HFT ?I’m into Funded Trading. How can I help?
Its not. I trade hardly 2 hours a day. Getting consistant results. But I am too weak psycologically and discipline wise. Working on it now. Buy and hold wont work with funded accounts.Its way too much work, just buy and hodl
if you have discipline and a few working trading methods you can easily make 40k minimum a month. I personally know people doing that. ofcrs not meI see funded trading can help us discipline as they have very strict terms.
Spend 1 hour a day in learning the right thing. You dont need to learn everything at first to give it a try. Identify first what to learn and then you are good to go.I am talking about 5-6 hours every day learning, reading books, charts, demo trading, and so forth...
I know people who makes 40k a month with 6 months of experience in FT.I don't know anyone who has become a successful trader within a year,
I agree with the statement that 99% of traders are not profitable. A significant percentage of evaluation buyers fail to convert to a payout, which is part of their business model. However, once you prove your capabilities, they will provide real money with minimal risk to themselves.Most reputable names out there indeed give a "funded" account.
However, there is a catch. These funded accounts aren't really funded and live.
You're still trading on a demo environment. They just pay you the money from their pocket.
This doesn't really matter as long as you're being paid. Just saying.
Down the road, even those who pass, end up losing. Mostly due to greed.I agree with the statement that 99% of traders are not profitable. A significant percentage of evaluation buyers fail to convert to a payout, which is part of their business model. However, once you prove your capabilities, they will provide real money with minimal risk to themselves.
I know. It's a good biz. Some countries have started a crackdown on these firms though.agree and am one of those. happened to me too.
may be you are right. still like you said above, it doesnt matter as long as a passed pa gets a payout.
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If these stats are right, imagine how much they made from failed ones.![]()
they hft for pa account too?Im doing it , and yes i have also the hft bot to pass the challenge but only for websites that accepte hft bot not all the propfirm