If you can not pass then you simply dont have what it takes to trade at an institutional level, no reason to call it a scam.
LOL. I do manage a portfolio at hedge fund - this has NOTHING to do with it. This is specifically designed to lure idiots and get them to pay for the evaluation period. So yes, it’s a scam.
The firms that will take your money you don't want. The firms you want won't take your money. Maybe these props are not scams but they make it impossible to succeed. Where as at real firms it's the opposite. Simple filter is to describe the backgrounds of 5 people at the firm.
Someone takes money while making it near-impossible to attain the final goal is a scam in my book. Their business model is to churn as many “candidates” as possible.
T the risk/reward figures they require are typical for any real prop firm , I worked at one and I do know people trading at other prop’s, if you have a track record , you dont have to take the assessment , enough said
in another tread a guy says his bucket shop average trader made 1mm and top dude made 14mm? why are all the broke ass mofo's on this forum? all we have here everyone says they are a scam and the shops broke em.