Episode 70 | Saul Lokier - Prop trader
A TRADER'S LIFE
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The Challenge Mode and the Instant Funding Model?
In the profit industry, there's like the challenge mode and the instant, instant moving mode. So our core service is the instant funding mode where you don't have this challenge,. You just start trading on a real account and you have six months to make 6%. And there is this challenge mode model where you have an average like 30 days to make 10 percent, and then you have another 30 days to making 5 percent. Those are very, very hard to, you know, to pass them. But if you pass them, then you have a very large account to manage from, from the beginning. As when the instant funding models, you start on a small account and you start building.
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