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.
Of course there will always be people who don't know what they're doing trying to give it a free shot, and the idea of prop firms is to give people who know what they're doing a shot. So, it was working as intended then (and would be similar in that respect today). I believe also that rules on platforms and strategies for people have evolved in that space, so it would be a better industry today than it were before.
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Don't be fooled folks, OP is a shill of a certain fake website and this time round he has abbreviated it as CFT, but he has been shilling this so-called prop firm for a while using very many fake accounts like in
this case Do not trust anything OP spills here.
Nice catch. From first glance, I didn't notice (until I read your post and read back properly). Very subtle.