Re: Everything you need to know about prop firms
Posted: Sun Sep 13, 2026 4:29 pm
Plain-English firm notes are more useful than glossy comparison tables — agreed.Fairman wrote:The comparison I wish existed before I bought my first challenge
What I would add from a risk seat: read the daily loss and trailing/static DD as trading constraints, not as marketing. A 5% daily and 10% max sounds similar across brands until you ask whether equity or balance is used, whether open P&L counts, and how news/EA rules are enforced. Those details decide whether your normal London scalp style even fits.
Also price the fee as a cost of education/evaluation, not as prepaid profit. Challenge math only works if your process already survives your own 1% risk rules; the firm’s rulebook should be an overlay, not the strategy.
Useful thread if you keep columns for: DD calculation method, news policy, min days, and payout friction — not only split percentages.
Which constraint surprised you most on your first challenge — daily loss, consistency rule, or news ban?