🎭 The “A” in those profit screenshots could be hiding several blown accounts
There’s been a minor debate on X over the past couple of days about the prop trading platform Vest Exchange.
The platform’s pitch is: buy a funded account, keep up to 95% of the profits, and withdraw USDC instantly. Accounts are numbered sequentially, like “402,” but users can change the display name. Once they do, the icon turns into a simple “A.”
Critics say that when big accounts post profiles showing they’ve “made over $20,000,” there’s a row of “A”s beside them, so you can’t tell how many accounts they’ve bought or blown. Supporters argue that changing your display name is a perfectly normal feature and there’s no need to make a big deal out of it.
🔹 One user did the math: a $25,000 account with a 4% max drawdown means a $1,000 loss limit, while the account costs about $950
🔹 Others are promoting discount codes, claiming a $25,000 account costs just $199.50
🔹 One user put it plainly: they bought a $25,000 account and blew it before they could withdraw any money
🔹 A reply on X pointed out that the terms may describe it as a simulated program and suggested reading the specific terms yourself
My take: platforms like this aren’t necessarily a problem in themselves, but profit screenshots work by showing you only the winning account. The account number is the denominator. Hide the denominator, and the win rate becomes just a screenshot.
If you want to judge whether someone can really trade, don’t ask how much they’ve made—ask how many accounts they’ve bought and how many they’ve blown. If an account costs nearly as much as its maximum loss limit, what you’re really buying is a chance to “lose $1,000.”
Do you think platforms should be required to display account numbers? Have you bought a prop trading account, and how many tries did it take before you got a payout? 👇
#自营交易 #合约交易 #交易心态 #RiskManagement
There’s been a minor debate on X over the past couple of days about the prop trading platform Vest Exchange.
The platform’s pitch is: buy a funded account, keep up to 95% of the profits, and withdraw USDC instantly. Accounts are numbered sequentially, like “402,” but users can change the display name. Once they do, the icon turns into a simple “A.”
Critics say that when big accounts post profiles showing they’ve “made over $20,000,” there’s a row of “A”s beside them, so you can’t tell how many accounts they’ve bought or blown. Supporters argue that changing your display name is a perfectly normal feature and there’s no need to make a big deal out of it.
🔹 One user did the math: a $25,000 account with a 4% max drawdown means a $1,000 loss limit, while the account costs about $950
🔹 Others are promoting discount codes, claiming a $25,000 account costs just $199.50
🔹 One user put it plainly: they bought a $25,000 account and blew it before they could withdraw any money
🔹 A reply on X pointed out that the terms may describe it as a simulated program and suggested reading the specific terms yourself
My take: platforms like this aren’t necessarily a problem in themselves, but profit screenshots work by showing you only the winning account. The account number is the denominator. Hide the denominator, and the win rate becomes just a screenshot.
If you want to judge whether someone can really trade, don’t ask how much they’ve made—ask how many accounts they’ve bought and how many they’ve blown. If an account costs nearly as much as its maximum loss limit, what you’re really buying is a chance to “lose $1,000.”
Do you think platforms should be required to display account numbers? Have you bought a prop trading account, and how many tries did it take before you got a payout? 👇
#自营交易 #合约交易 #交易心态 #RiskManagement