Co-Founder @o2dotapp | Growth & Design @fuel_network | Building @CompRadarXYZ
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Joined January 2021
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This is not an easy business to run. The risk engine is the most important part if you want to keep operating in the long run.
I think you guys are doing a good job though on the transparency side to a very opaque industry.
You just plug all the MCPs to Claude and it does the rest for you. Nothing complex, but I may be biased.
But will take a look at these.
I keep seeing more people complaining about the simulated trading aspect they see on prop firms.
On @o2dotapp Turbo accounts, you get to trade on live markets with real capital.
We currently offer up to $10K in instant prop trading capital, with evals, leverage, and bigger accounts coming up soon.
Vest Updated their TOS on October 20th stating that all accounts are simulated and there is no real trading capital.
They also claim to A Book orders and their favorite line "WE WIN WHEN YOU WIN"
I understand most Propfirms are simulated but most propfirms dont claim to WIN when you WIN. This is Shady Marketing when you can't explain how you are winning when people trading simulated capital you winning as well.
Something smells like Bullshit and when something smells like Bullshit it normally is....
Which pairs would you like to see next?
In terms of what's coming up next, we have:
1. Evals
2. Multiple accounts/ wallet
3. More pairs + Deeper markets
4. Margin trading (Leverage trading)
5. Larger account sizes
6. Better UX
That's one of the things that bothered me when we started looking into prop firms. The business model relies heavily on people repeatedly paying for evaluations they may never pass. We went with a different approach for @o2dotapp Turbo, starting with instant funding (no evaluations), but a higher entry cost. Different tradeoffs.
This is counterproductive. Trading is all about adaptability to market conditions. Switching strategies is normal behavior.
That鈥檚 what I find so frustrating about the prop industry. You can follow all the rules, make money, and still have to convince someone to pay you. One of the reasons we made withdrawals permissionless on o2 Turbo.
Getting breached right after asking for a payout is insane. That鈥檚 exactly why we made payouts instant on o2 Turbo. No approval process, no waiting for someone to release your money.