Most traders think passing a prop-firm evaluation is the hard part.
Chris Pulver says that’s not always true. In this industry, the real problem can start after you pass, after you get funded and after you submit your first payout request — because that’s when some firms suddenly get creative with the rules.
Pulver has spent 25 years in the markets, and he says prop trading can work. But not the way it’s being sold online. The traders he sees surviving are not chasing huge $100,000 accounts. They’re staying in lower tiers, linking multiple accounts and keeping themselves under the radar with disciplined, repeatable strategies.
In this interview, we covered:
⚠️ The payout problem — Some firms use vague consistency rules, news-trading restrictions or retroactive changes to avoid paying traders.
📉 The industry shakeout — Pulver says many firms operating in this gray zone may not survive the next 12 months.
💰 The smarter path — Lower-tier accounts, copied trades and tight risk control can be more effective than chasing oversized funding.
🧠 The real skill — Prop trading is not glamorous. It’s stressful, rule-heavy and built for disciplined traders — not gamblers.
✅ The trust checklist — Pulver says to look for payout history, transparent rules, broker backing and a long track record.
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Chris Pulver
Chris Pulver Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
