Disliked{quote} what is wrong with 10-30% dd why will that bite you eventually? i trade for a funding program which allows 30% dd set up by professionals who have actually worked in the industry for top institutions and banks... so how can they allow that from their background? so this model these online firms have created have brainwashed most people who think a 10 % DD or 20% DD is not allowed in the real industry its BS its set up for maybe a handful of guys to make it and the rest to fail their program and collect sub fees..Ignored
This is a business and it's their money. It allows us traders to gain access to money that most would never be able save up. The only requirement is to have professional MM and control one's risk.
Maybe that's why they are "former" employees because that think DDs of that size are ok. There is NO top institution or bank that will tolerate these amounts of DD.
Bottom line is, anything more than 5% DD or so is gambling not trading. I know of no one who would give another say $100,000 and tell them it's ok if you show a loss of 20%, 30%, or more. What keeps most of you from going completely under with these large DDs is the market is not as volatile as it was. If it were most traders would be seeing their accounts completely blown.
Mark ... Everything you have been told is a LIE
1
1