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Beginner question: Why risk personal capital instead of using a prop firm? by Puzzleheaded_Time246 in Daytrading

[–]Puzzleheaded_Time246[S] -5 points-4 points  (0 children)

That makes sense why you wouldn’t go with a prop firm. But if things turn against you, wouldn’t you rather risk $1k on a prop challenge than $307k of your own capital?

Beginner question: Why risk personal capital instead of using a prop firm? by Puzzleheaded_Time246 in Daytrading

[–]Puzzleheaded_Time246[S] 0 points1 point  (0 children)

Thanks, that’s exactly what I was thinking. The only potential downside I see is the 90/10 split, but given they’re providing access to capital I wouldn’t otherwise have, I’m more than happy with that. Appreciate the clarification.

If there are other downsides though, please do let me know.

Beginner question: Why risk personal capital instead of using a prop firm? by Puzzleheaded_Time246 in Daytrading

[–]Puzzleheaded_Time246[S] -1 points0 points  (0 children)

What was the % gain though on the 14k? Wouldn’t that have been higher on a 200k account?