r/PropfirmsForum

I’m curious about people’s honest perspective on this: do you actually believe it’s realistic to day trade for a living?

From what I’ve seen, there’s a lot of evidence that most traders underperform the S&P 500 over time. It makes me wonder whether the “successful” traders are just statistical outliers who got lucky, similar to how, with enough people flipping coins, a few will inevitably get long winning streaks.

At the same time, it feels like the market is dominated by billion-dollar firms with faster data, better tools, and huge informational advantages, which makes it seem even harder for individuals to consistently outperform them.

I’m open to changing my mind, but I’d be interested in hearing how people here think about it.

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u/Imanormalkid — 7 days ago

Seems like everyone was right about Maven .... Although I successfully got 2 payouts from Maven in the last 2 months and have been also rooting for them and promoting them here on Reddit, while still skeptical (Check my Timeline), they decided to prove me right .... I passed a 1 Step 50k Account early this week , but during review ... Which took almost 4 days review , they decided to fail my challenge apparently I was gap trading .

Entry: On April 29th, I entered right after FOMC news and Tech earnings report (market open). Exactly at 00:01, I traded the first candle for momentum, not the gap itself. Risk was controlled with a stop loss ( Attached images).

This was a fundamental momentum trade, not gap-hunting, I entered as soon as the 1st candle printed , anticipation of a bullish momentun ....

However , they took 4 days to review my account and flagged it as gap trading violations. However, no explanation was provided.

Or perhaps I'm overreacting.

Stay away from Maven if you need peace of mind , learnt the hard way !

Stay safe !!!!

u/MusicCreepy5887 — 11 days ago

I’m not a regular in this space and don’t mean to discourage anyone, but I’m genuinely curious, do you believe it’s possible to make a sustainable living through day trading?

There’s a lot of evidence suggesting that most traders underperform the S&P 500 index. That makes me wonder if the small percentage who are profitable are simply benefiting from luck. For example, if 1.5 million people flip a coin 10 times, a few will naturally get 9–10 tails in a row, it looks impressive, but it’s still just chance. Could trading success work in a similar way?

I’m open to changing my perspective, but considering that massive firms with billions in resources and access to superior information are constantly competing in the market, it seems unlikely that individual traders can consistently outperform them.

What are your thoughts on this?

reddit.com
u/Comma-La — 8 days ago

Bullwaves reviews? Anyone actually funded with them?

I've been seeing Bullwaves pop up a bit more lately but I'm having a hard time finding real reviews. Most of what I see looks like affiliate marketing.

Has anyone here actually gone through their evaluation and gotten a payout? I'm trying to find a new firm to diversify my trading capital but I don't want to waste time if they're not legit.

reddit.com
u/ashleycdxxx — 8 days ago