A short YouTube monologue by Kardec Trader advising that most traders who repeatedly take funding-provider tests are not actually ready for funding. The speaker claims many lack the necessary trading skill set, notes examples of people spending $40k–$50k on tests over years, and recommends reevaluating whether to continue paying for tests or to conserve capital for live trading instead.
98 of those traders that are taking tests should not get funding, which is why they fail a million times, because they don't have the skill sets to actually trade. Well, I know traders that have spent 40 to $50,000 on test in, like, two years. I'm like, yo, you know, if you save that, you would have had real capital. And once again, funding companies have helped a lot of people. And I don't want to knock it down, but if you're taking these tests, reevaluate. Should you go take the test? Oh, it's a hundred bucks. Okay, it's another hundred bucks. It's another hundred bucks. Just be careful and know your skill set of hey, can you actually succeed in this?
