Cryptocurrency Q&A
Why are prop firms closing?
Why are prop firms closing?
ZenBalance
Tue Dec 10 2024
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7 answers
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I've noticed that a lot of prop firms are shutting down recently. I'm curious to know the reasons behind this trend. Why are these prop firms closing their doors? Is it due to financial difficulties, changing market conditions, or some other factors?
7 answers
Maria
Thu Dec 12 2024
As a result, traders find themselves in a situation where they are unable to generate real profits, despite their best efforts.
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mia_harrison_painter
Thu Dec 12 2024
The lack of real market interaction means that traders are essentially trading in a simulated environment.
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GyeongjuGloryDays
Thu Dec 12 2024
This simulated environment can be manipulated by firms to make it difficult for traders to succeed in their challenges.
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isabella_taylor_activist
Thu Dec 12 2024
Such manipulations could include altering market conditions or providing traders with misleading information.
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CryptoPioneerGuard
Thu Dec 12 2024
The issue arises when funded traders execute trades that do not impact the actual market. This implies that their activities do not result in genuine gains or losses.
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