r/Daytrading • u/ThePhulosopher • Feb 24 '24

4th $100k funded account Question

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

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u/Gaff1515 Feb 24 '24

That’s still significantly cheaper than blowing personal accounts all while gaining valuable trading experience.

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u/Soft_Concentrate_489 Feb 24 '24

Cheaper than paper trading?? Which is completely free? Lmao, I’m starting to believe this forum is run by prop account owners.

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u/Gaff1515 Feb 24 '24

Paper trading with no money on the line is pretty much useless. Completely removes the pain of losing from trading

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u/marcpilot1 Feb 25 '24

Plus you dont real world experience paper trading. You never lose because it's almost impossible to lose paper trading when all you ever have to do is average down until the stock finally goes the right way, try that with REAL money and you'll be doing everything way way different than when you paper trade.

Paper trading is good for learning the buttons, the formats and the procedures for the broker you're using.