Review on Ultimate Traders by Jose Escobedo
The risks that needs to be talked about
yaya, the risks of not completing the challenge with UT, or risks of drawdowns is real. In the long term tho, the real risk is if the government gets in the way and messes with prop firms or they go bankrupt and don't pay out. Can happen, needs to be discussed.
Thats why the first payout for me is Crucial. First payout will cover the costs and put you in proft out the gate in case stuff goes sideways. If you get to 1-2 payouts, you're in the net zero, or some net positive. For me I got in a positive by $300 from first payout, not much but hey.
Pros
- First payout got without any need to communicate to support
Cons
- Payout happened at the start of the month, i think they do it only once a month here...
