Support Board
Date/Time: Sat, 23 Nov 2024 08:54:38 +0000
Post From: Feedback Requested: Trading Evaluators (Top Step Trader etc.)
| [2020-01-30 23:33:32] |
| User623552 - Posts: 69 |
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Following on from my previous comment. Sierra Chart make a very good point. All these services are a waste of money in the long run, as they effectively charge you for using a simulator, which is usually free. They make their money from failed traders, not successful ones. The reason I still use them is that they provide a third party risk management framework. It forces me to work hard to stay within strict parameters. One of the hardest things with trading is self-risk-management. It is better having a third party doing it. At the moment I do not have an alternative. So I have to use them. However, as stated by Sierra Chart, the same services could be achieved via their own platform. I think all the suggestions Sierra Chart have made including additional risk management, a leader-board for performance, a potential Sierra Chart investment fund etc. are excellent and I look forward to seeing and using them in the future. There needs to be a more ethical way for good traders to find funding, and perhaps Sierra Chart could provide this. |