Support Board

Date/Time: Tue, 16 Apr 2024 20:05:53 +0000

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

[2020-01-30 23:33:32] Link To Thread - Link To Post [Go To First Post]
User623552 - Posts: 69
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.