047 | Are Funding Firms Scams?
Sep 10, 2023
day traders, should be working with funding firms. Understanding proper position sizing and risk management is critical whether you trade your own capital or use a funded account? In our recent Edge Up podcast, Reid and Glenn share their personal experience with funding firms and the lessons they have learned. Building your own edge with tools like the Strategy Lab is one way to stay in control of your trading through all these funding firms popping up and disappearing just as fast as they came.Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.Our mission: Cultivate & sustain profitable traders.Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.
Are Funding Firms Scams? In recent light we have heard of funding firms being put in public light how the owners are shady or lack Morales. Other traders don't care as long as they are paid out by the company. My Forex Funds (MFF) and Surge Trader have been under the lime light for frauding investors. More recently, MFF owner has been accused of using client funds to lead is lavish lifestyle.
It begs the question if we, as day traders, should be working with funding firms? In our recent Edge Up podcast, Reid and Glenn share their personal experience with funding firms and the lessons they have learned through all these funding firms popping up and disappearing just as fast as they came.
Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.
Our mission: Cultivate & sustain profitable traders.
Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.
For more information about Trading Education in Hawaii, visit our links below:
Mahalo for reading and trade well! — Glenn & Reid | Hawaiʻi Trading Academy
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