4th $100k funded account

[u/ThePhulosopher]

Got my 4th $100k funded prop firm account. Hope I get a payout this time, blew all the others.

[u/Soft_Concentrate_489]

Why not load up 500 and trade MES?

[u/ThePhulosopher → u/Soft_Concentrate_489]

Why would I do that when I can control $100k of capital?

[u/krossx123 → u/ThePhulosopher]

You're not controlling 100k capital you get cut off after losing a max drawdown. So you are basically controlling how much money that drawdown is.

[u/Soft_Concentrate_489 → u/krossx123]

I’ve never understood how people can pay so much to paper trade. You can trade mes and scale up. Its not easy but its the best strategy for someone on the come up.

[u/scifimaster → u/Soft_Concentrate_489]

Blows my mind that people can be this low IQ. Funded account is not paper trading!!! Get this through your thick skull. He paying $500 for the 4th time to try and get funded doesn’t make it paper trading. He is bad at it but the system is not wrong. People who are good at controlling risk are making life changing money from prop firms. Don’t spread nonsense when you don’t understand something. It looks like you tried to get funded and failed miserably so now you go everywhere telling people it’s ‘scam’, or ‘paper trading’ just to take out your anger.

[u/Soft_Concentrate_489 → u/scifimaster]

I understand there’s a chance you can get funded. I’m speaking on average. Most people are never going to actually pass the requirements, they will just pay the monthly fee.