Do you think prop trading is a good idea?

[Amadeus.V]

remember that unlike trading, prop trading does not let you to quit when ever u felt its the time to, if you pay to enter a prob, you can not get ur money back, even if you only lose $1 of the prop, you cant cancel the plan, so doesnt it stand against ur risk management?

 

[Enivid]

remember that unlike trading, prop trading does not let you to quit when ever u felt its the time to, if you pay to enter a prob, you can not get ur money back, even if you only lose $1 of the prop, you cant cancel the plan, so doesnt it stand against ur risk management?

What do you mean "you cant cancel"? And why would you cancel?
Prop trading has its issues, but I don't understand what your issue is.

 

[Abdulkhs]

remember that unlike trading, prop trading does not let you to quit when ever u felt its the time to, if you pay to enter a prob, you can not get ur money back, even if you only lose $1 of the prop, you cant cancel the plan, so doesnt it stand against ur risk management?

Hello sir please I would like to have a little discussion with you

 

[Jajaofopobo]

I have some reservations about proprietary trading firms because they may not be suitable for every trading strategy. Additionally, I perceive proprietary trading firms as offering the appearance of substantial capital, for example, paying $200 to access $3,000 in funds with the condition that I'll lose the account if I experience a total drawdown of 10%. In my view, this essentially means I've been provided an additional $100 (10% of $3,000 is $300) alongside my initial funds for trading in the market. The expectation of making a 10% profit to meet the requirements feels more like a 100% increase (doubling the initial $300).

The only advantage i see here is the leverage...Or what are your thoughts on this perspective?

 

[Enivid]

I have some reservations about proprietary trading firms because they may not be suitable for every trading strategy. Additionally, I perceive proprietary trading firms as offering the appearance of substantial capital, for example, paying $200 to access $3,000 in funds with the condition that I'll lose the account if I experience a total drawdown of 10%. In my view, this essentially means I've been provided an additional $100 (10% of $3,000 is $300) alongside my initial funds for trading in the market. The expectation of making a 10% profit to meet the requirements feels more like a 100% increase (doubling the initial $300).

The only advantage i see here is the leverage...Or what are your thoughts on this perspective?

Although I share your general sentiment about prop accounts, but normally prop firms provide something closer to a $20,000 account, not $3,000, for a $200 payment.