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10 Ways to Protect Yourself from Payout Denials ๐จ
In recent times, there has been an alarming rise ๐ in proprietary trading firms (prop firms) denying payouts ๐ธ to traders, leading to concerns across the trading community. This trend was most recently highlighted by the downfall of AstraFunding, which shut down following public accusations of withholding payouts and questionable business practices ๐จ. The increasing competition among prop firms, coupled with price discounting ๐ฐ and the rise of more skilled traders ๐, has made it harder for these firms to maintain profitability. As more traders succeed and request payouts, some less financially stable firms are resorting to payout denials to protect their bottom line ๐.
Tips for Passing Your Prop Trading Challenges ๐
By consistently following this disciplined approach, you'll establish yourself as a professional trader funded by an organization, capable of generating steady profits. Stay focused, be patient, and manage your risk wisely to achieve long-term success in prop trading
