They've adjusted their maximum daily loss and overall drawdown. Seems like a response to recent market volatility, making it slightly harder but potentially weeding out less disciplined traders. What are your initial impressions?
I'm not sure it's just about discipline. Sometimes a bit more wiggle room is necessary for strategy execution. This could limit certain approaches.
Are they just trying to reduce payouts? Feels a bit like moving the goalposts after so many people joined.
My initial impression is that it's going to make it much tougher to scale up quickly. The bar just got significantly higher.
Could this push people towards other funding companies that still offer more lenient rules? Interesting to see how this plays out in the wider prop firm space.
Harder for sure, but maybe that's the point? Fewer people passing means those who do are genuinely better traders.