Can someone clarify this for me. 1) newbie deposit $25k into a prop firm, gets $1m leverage 2) newbie shorts $1m, market moves against him big, he get caught in a deer in the headlight moment. How do you risk manage that? i know each prop firm will monitor all the trade etc, but the move up/down could happen in seconds. Is the risk controller literally staring at the monitor "daytrading" along side the traders? And lets say the newbie loses 100k in his 25k account, and he has no money left, does the prop firm take the rest 75k hit? do they sue him? drag him into a dark room and break his legs?