I think like 10 years ago or so I joined a prop firm. They had some crappy ad while driving one day and I decided to try it out.

Was a disaster. Basically when you were new, your losses were capped. So unless you knew what you were doing at the beginning you would never make any decent money.

Also the rest of the group had no idea what they were doing either. I don’t think anyone there was a successful trader.

A year later I think the place just shut down.