Login Page - Create Account

Support Board


Date/Time: Fri, 26 Apr 2024 07:28:13 +0000



Post From: Feedback Requested: Trading Evaluators (Top Step Trader etc.)

[2020-01-27 16:49:19]
archymede - Posts: 17
Regarding post #11

2. Consistently profitable traders have no desire to use one of these trading evaluator services.

I do not agree at all. In my country, trading my own account is taxed about 60%, while trading for any prop firm is maxed at 22%. Not everyone has K1 statements condition for taxations ... Trading with a prop firm (a real one though), also provides very low commissions such as 2$ RT, but these are mostly not looking for chart traders.

Now regarding serious evaluations, I don't believe that this is what most traders are looking for. What happened to traderdock and positive equity is just an example of a serious offer being shut down, they were providing TT for free and their entire propriety risk management tools alonside a professionnal DOM (either TT or Stellar).

If Sierra chart can come up with a serious offer, this might very well be welcomed by many traders, at least those who are not trying to gamble and pay the crazy reset fees once the gamble failed... But I'm not sure that many would just sim trade and posting results in hope of being funded, Jigsaw already tried that with their leaderboard ...