Downtime payout for me is one of the most sensible things, specially the stupidity of down time that TFF or TFT have. This is as much important as the payout periodicity itself.
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Regulation if it comes it will be a financial one and a complete disaster for the industry. Wherever the the regulators/government touch they destroy everything.
They would oblige traders to have oficial certifications to be able trade, high capital demands from prop firms, bank guarantees, deep auditing, tax reporting, KYC until they know the color of our pants and a hundred obligations from financial regulators like SEC, ESMA, etc.
I prefer prop industry to go on being the wild west. Each one does his own due diligente and decides where to risk their money.
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Regulation if it comes it will be a financial one and a complete disaster for the industry. Wherever the the regulators/government touch they destroy everything.
They would oblige traders to have oficial certifications to be able trade, high capital demands from prop firms, bank guarantees, deep auditing, tax reporting, KYC until they know the color of our pants and a hundred obligations from financial regulators like SEC, ESMA, etc.
I prefer prop industry to go on being the wild west. Each one does his own due diligente and decides where to risk their money.
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