Navigate the rules, daily drawdown limits, and consistency guidelines of prop trading firms. Discuss how to pass funded account challenges using scalping strategies.
The rule that caught a friend of mine wasn't one of the obvious ones. His copier failed to close the follower after the master hit its stop, he went short on the master ten minutes later, and for twenty minutes he was long on one account and short on the other at the same firm.
Nobody intended a hedge, but the logs look exactly like one. Since then my copier checks that every follower is flat before the master can open the opposite direction, and it alerts if positions differ for more than 5 seconds.
A straight multiplier assumes both accounts are in the same state, and they rarely are. If the 100k is funded with 8% drawdown left and the 50k is in phase 2 with 3% left, the same proportional trade eats very different shares of each one's headroom.
So I size the follower from its own remaining daily loss, not from the master's lots. The copy often ends up smaller than the multiplier says, which I'm fine with.
For latency, I run a local copier on the same VPS as both terminals and log fill time and price on each side. Mine sits around 50 to 90 ms, and the gap only shows around releases. Have you compared a cloud copier on the same trades?