DislikedSo you guys also agree that prop firm businesses are by nature designed for gamblers using high leverages. Alpine Trader once said his accounts never have survived more than 100 days...For average, conservative traders using reasonable leverages don't need their services. Make sense?
Ignored
Gamblers or not, question is who big margin people are willing to put up to start trading.
And most people are always looking for easier option, smaller margin and preferable zero commissions.
Money moves always from person to person, from loser to winner.
Yes Exchange takes a cut. Regulated exchange like CME takes a exchange fee and so does the prop take eval fee.
Route of money
Person A -> CME -> Person B
Person A -> Prop -> Person B
Prop is just a service provided and as people pay for less for it then risk are also bigger.
Prop may run out of money, may change rules as the like...
I might be wrong , I have been wrong before
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