Quote from: CroverNo01 on Today at 07:47:18 PM

Quote from: DigitalDollars on January 19, 2025, 12:37:51 PM

Hello I want to ask is it advisable for a newbie on trading go for a propfirm challenge? please I need an opinion from you thanks.

I don't think it's a good idea for a newbie to purchase a prop firm account because it's risky, they will easily liquidate and break the rules of these prop firm accounts. So my answer is capital NO based on the unprofessionalism of newbies towards handling the financial market with in possession of prop firm account.

Purchasing a prop firm account when you're newbie in the system? Of what use is this prop firm if the individual in question does not have a clue on how to trigger its purpose? Prop firm accounts are for the professional traders because they've undergone training and learning the basis of the market, they easily don't get move b the volatility of the market. But newbies do get attached to the volatility and become vulnerable.

What can be rather challenging for the person who has already adopted this worldview will be a system designed for the beginner in the market. It is widely congruent with the notion that, yes, firm accounts do offer some opportunities in place, however, if the person in question lacks the sufficient skills, that which was essentially an opportunity becomes a hassle liability for him or her. It is important to note that the financial market rather dynamic, and in its framework, a person can easily make decisions that will not bring him revenue. Those who are experienced are more relaxed during the occurrence of the situation that happens while the beginner may still experience the situation that lies in the market.