Let’s say you want 20 K over 4 months with 1000 start money.
With own money you have to do daily 4% profit to reach 20 K at the end of 4 months.
With a prop trading. You have to do:
First month: 3% profit per day. (For 8% target, for 10% this is 3.5%)
Second month: 2% profit per day. (For 5% target)
3th and 4 th month: You need 2.2% profit per day.
The percentage of profit that you have to make is lower with a prop trading.
For the starters definetily not worth it as the chance of failure is very high.
And if you don’t need a high amount of money there is no reason to take the risk. But go for low percentage for long time to gain experience I think.
With own money you have to do daily 4% profit to reach 20 K at the end of 4 months.
With a prop trading. You have to do:
First month: 3% profit per day. (For 8% target, for 10% this is 3.5%)
Second month: 2% profit per day. (For 5% target)
3th and 4 th month: You need 2.2% profit per day.
The percentage of profit that you have to make is lower with a prop trading.
For the starters definetily not worth it as the chance of failure is very high.
And if you don’t need a high amount of money there is no reason to take the risk. But go for low percentage for long time to gain experience I think.
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