Ultimate Traders
Questions & Answers

I really need to know if this platform reliable for long-term trading, or is it better suited for short-term strategies?"

Asked by Tadeu B. on 2/11/2025

2 Answers
Cillian M.3/5/2025

I would suggest you explore more about prop-trading. Although it is trading in its essence, it is an essentially different trading style compared to classic independent trading with your funds. Here very strict rules are applied and in general I don't think that this trading style suits long-term strategies.
The main trait of long-term strategies is that you open a position and you should forget about it… while in prop trading you don't have this luxury. One needs to monitor and adjust his positions all the time, to avoid breaching the rules.
So, I would say to focus more on short-term trading strategies, but I might be wrong… idk
Montes G.2/18/2025

As far as I know, which is not little, this platform is reliable for prop-trading!
Maybe it sounds like a joke, but it is not… long-term trading strategies, by definition, are the trading strategies when you open a position or more, and forget them. Keep them open for weeks, or even months.
Trading with a funded account requires regularly monitoring your positions, so you won't breach the strict rules, primarily in terms of the maximum daily and total drawdown. So I wouldn't say that long-term strategies would be the best ones to use when trading with a funded account.
It is more beneficial to make frequent but small trades. However, Ultimate traders do not impose any limitations on the trading strategies you can use, so everything is up to you.

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