This is a YouTube video titled "Success Rates in Prop Trading: Why 85% Fail" containing a monologue or single-speaker discussion from June 16, 2024, analyzing the success rates of proprietary trading and explaining why most traders lose money and pay fees, benefiting the trading firms. The speaker discusses the dynamics of trader profitability and fee structures in prop trading.
Percent. I think there is a sliver of traders who can actually be successful in prop trading than they weren't were in there trading their own money. And that sliver, maybe 85% of traders are still losing and therefore they're paying all of those fees all of the time. And therefore it's okay. In fact, they love to pay traders like you and I money in their account. Seeing you every month, a few thousand, ten thousand, whatever you're making. They love to see that money because then I get to brag about it, bring in the next hundred people, of which 85 are just going to pay them fees. So they need.
