The number one reason for "no edge" traders for joining a prop firm shold be to receive solid training and coaching. Their objective in the beginner/intermediate level of trading should be not losing money. It should be to understand what a good strategy is. Both TA and Psych. --------------------------- As for very experienced trader who have already developed the experience to exploit their trading edge, the number one reason for joining a prop firm "will" be to get that leverage buying power. --------------------------- Speaking for myself, I'm starting to get a groove for technical analysis trading. My understanding is that once you start to have a trading record, the risk manager will increase BP exponentially so long as my profits significantly outweigh my losses. This way, they can trust that they will not be putting themsleves at risk. I can't stress how important it is to find a solid prop firm with good mentoring. At my other prop firms, I used to see so many wide-eyed beginner traders sit a desk away from me for a weeks - only to see them blow their accounts. I now realize it was because of bad quality training. It's kind of ridiculous now when I think of the training I got back then. You know who you a$$hole wannabe coaches are and I am now HAPPY to say that I make more money than you guys. Some of these prop firm traders should be taken out and shot! They cost me so much money and aggravation. When I think of all the beginner traders they scam with their "empty" talk on coaching, it makes me feel sorry for those guys. Trading can be profitable! Just be sure to join a good prop firm with a good mentor by your side. It has made all the difference in the world for me. I won't single out the bad seed prop firms but most of the posters on ET know who they are. For experienced traders, it doesn't matter whether you get coaching but for the majority of new traders, it makes all the difference in the world. I'm proud to say that trading is now fun and lucrative. Best of luck all!