So your motivation is funds protection from a broker failure? You do realize that account insurance would cost less than the 20% split and you keep all your freedom and privacy. I guess i am the only insane person around. Carry on.
go back and read the umpteen posts about free money, extra money, on top of every personal dime one already has to their name extra money posts if all that I wrote earlier fails to reach your willing comprehension, insanity is not your biggest mental issue
regardless that it worked for years... still nothing more than a temporary edge. The term "temporary" being spatial relative. There is one, and only one lasting, never-changing behavior to all financial markets: they contract, and then they expand. That is the only constant in trading... everything else is a temporary illusion. So get real good at trading inside the contraction, at the start of expansion, or both. Then and only then will you have a lasting (price-action) edge for all time.
Look, leaving my mental issues aside, i have read all your posts which is precisely the reason why i came down on you so harshly with my initial post. I understand why surf and Mav are doing this, the funding isn't their driver. But for someone like you who claims they are successful to be so vigorously pursuing this combine funding is nonsensical. I also realize that you don't have to justify yourself or explain your motivation so let's just leave it at that.
If the funding isn't one's driver, the combine is a waste of time because no one will succeed for any other reason Secondly, what's so hard to fathom about accepting free money? Here I sit in my home office, in a backwoods tiny town smaller than most big-city blocks. I ain't interested in prop firm interviews in Chicago or New York, and I damn sure wouldn't live in either (or any city) for $10 million annual. So I read where a company is offering a chance to trade their funds in exchange for an entry fee of less than I just spent on four new tires for my truck, and ten day's worth of sim trading demonstration. Said company has a website, facebook page, what appears to be real people getting funded accounts whom you can reach out to and communicate with. Amongst other apparent public credibility. Let's say I qualify to manage 15 futures contracts for 80/20 to start and later on it becomes 25, then 50 and then 100 or 200. What's not to like about that? I park their trade window next to mine on the same screen and click twice instead of once. Does that sound like a real bad deal? ** There is one more "driver" to this process for me as well. You've been in this site longer than I. How many times have you read barbs about "vendors can't trade" and all that repetitive ET crap? Usually the ones who touted that loudest towards me could not then (and still cannot) trade their way out the front door of a third-world shithouse on stilts. So a little part of my reason for being here is to prove otherwise. Call it selfish or egotistical, I consider it setting things straight
It seems my sanity is still somewhat intact That's the first time i hear you say this. I stand corrected.
You pried it out of me... but it's been there since minute one. Hence my veiled reference of "personal pride" in one of the very first posts
You can insure your brokerage account against something like what happened with PFG I believe is what he means. There is private insurance available for accounts