{quote} 55k for a 30 pip move is a 183 lot position. Even if I consider the maximum 300k account size that's a whopping 8 pips and the account is blown. Instead of putting the work in and one can make that in two months without even using leverage. Every two months... These statistics are only good to fool people into gambling, because that 55k winner is for sure going to blow the account within weeks if not days. Instead of learning how to trade and gaining a steady income stream.
{quote} Yes, I agree, when you just look at it as if only one account was opened by a novice trader, yes, it doesn't make any sense But let's drop that assumption, what if? For instance, maybe he does know how to trade Maybe he built up from smaller accounts Basically, using the winnings to obtain larger accounts Not only larger accounts, but also multiple accounts at every level You know the gamblers saying, it's not my money, it's the casino money
{quote} To build it up from smaller accounts investing all that money, time and effort, only to risk it all on 8 pips? That's not a smart deal for what, an 18% return? Without leverage you can do that several times per year while never even coming close to blowing the account. But if your total ruin is within 8 pips per trade that is not repeatable.
Any prop firm with a time limit gets a big fat ZERO score from me no matter how fancy their website is. {image}
{quote} lol that fundedtradingplus relative drawdown is BS designed to minimize withdrawals by profitable traders
{quote} Is that table from a website you can mention here or did you do you own table sheet of various prop firms ? If yes, do you have a larger table sheet too ?
