Support Board
Date/Time: Sat, 23 Nov 2024 08:37:45 +0000
Post From: Feedback Requested: Trading Evaluators (Top Step Trader etc.)
| [2020-01-26 05:34:27] |
| User753428 - Posts: 163 |
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Basically, the bread and butter of these funding companies hinges on cashing in on the hopes of battered traders who are now undercapitalized after paying too much tuition to the markets. Like seandunaway said, they're selling a dream, knowing fully well that almost all retail traders are suckers. That's why they charge for resets, employ a monthly subcription model, and charge ridiculous prices like the $375/$150k example you mentioned. (btw, the $150k account is actually an account with $4500 drawdwon so you can already see how shady and scummy they are with such false advertising). I don't think Sierrachart needs to necessarily get involved in offering an alternative to these funding companies when the CME has already done just that: by launching the micro indices. Now, even undercapitalized traders can quickly grow their account with the micros, assuming they're skilled. |