DislikedAlso, 10k dd isnt enough? Imagine being able to pass something calmly for $500 and saying 10k dd isnt enough This is the 2023 we live in. ... I think the community as a whole has lost sight of opportunity amongst the noise. Even when FTMO first was getting big we started saying nahhhhhhh this is bullshit its too good to be true. Now look at the conversations we are having.Ignored
I also think that spending 3-months or more to prove myself is not worth 10k worth of draw-down, assuming that I am going to have to jump through hoops or trade a certain way (with even tighter restrictions) in order to get that draw-down, simply because I can do that myself, on my own account, without all of the restrictions. But that's just me. For many traders, it may be worth it.
When I say that the offering should be better, I say this because most of the traders in this space will expect that probably, before they even consider it, unless they have no other options. We cannot ignore the fact that we have been exposed to certain expectations, and this fact will need to be considered when structuring something for this market. That is just the reality.
However, if regulators take it all away and we have no other choices (and expectations are forcefully rolled back), then perhaps traders will fall back down to reality and the 10k draw-down will start looking nice. But certainly, you cannot expect such models to coexist easily, I think. But who knows? This is all speculative, anyway. I suppose that it will depend on the trader. Probably, there will be some that will love the free model, while others will prefer the paid model.