10 Day Minimum – Needs Consideration

2
2 months agoopen0

Hi,
I understand the 10 day minimum guideline, however consider this. My partner, Howard, has been trading 30 years. He has a funded prop account with another company with a starting balance of $25,000 and only a 5% drawdown. He averages over $2,375 daily with a minimum loss of $216 per week. Why should an experienced trader have to wait 10 days to pass Phase I when he can pass it in two or three days? I understand the why, and everyone should be treated fairly, but not the same. For we as traders aren’t the same. Some have more experience, some have less and need that 10 days minimum for engagement. The rule should be a case by case basis with docs provided for proof. Just my two cents.

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