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AaronPriest replied Nov 27, 2023FTMO has a maximum capital allocation limit of $400K per trader or strategy at any given time. If you use a public EA that others use, that EA will have that same $400K maximum allocation. Once the EA is popular enough to hit that threshold, all ...
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AaronPriest replied Nov 16, 2023I wonder if most prop firms that have their own inhouse server will move to a regulated / registered broker now to avoid getting shut down by the CFTC, especially if they are US-based like E8. I doubt any are going to register their own inhouse ...
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AaronPriest replied Oct 30, 2023I'd send an awkwardly uncomfortable 30 second video of me staring at the camera... and then at the very end say, "Mmmmm-yeah... it's OK." and end video. LOL
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AaronPriest replied Oct 29, 2023Personally, I don't care about a "video interview", I just think it's silly and foolish. Either you broke the rules or you didn't. They can analyze the trades and see if they are copies of other traders, or if the risk management is not adequate for ...
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AaronPriest replied Oct 29, 2023Agreed, I wasn't comparing the two. But a video interview is clearly a "fundamental requirement" now and that's sad to see.
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AaronPriest replied Oct 29, 2023Angelo of The Funded Trader once created a poll (image is in the comment I'm replying to above) to banish a trader for refusing a video interview for marketing purposes after a big payout. The guy understandably didn't want his name and face ...
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AaronPriest replied Oct 29, 2023I couldn't find that anywhere in their terms and conditions either. That would make this a new "hidden rule", very bad and disappointing CTI.
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AaronPriest replied Oct 29, 2023The5ers updated their Terms and Conditions and added a new Interview Video Request section that was not there before. This means only FTMO is left as a reputable firm (5+yrs) without any silly rules sadly. CTI and The5ers are slowly crumbling. ...
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AaronPriest replied Oct 22, 2023Dylan is the CEO of E8 Funding. Been reading some recent bad reviews, what’s the latest news?
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AaronPriest replied Oct 18, 2023Don't use any public EAs, write your own or hire a programmer. It's the only way because many prop firms will require the source code of your EA anyway.
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AaronPriest replied Oct 17, 2023I know, hence why I specified "here in the US" for the rest of my paragraph. But "sales tax" is generally only when purchasing a good or service, not typical of declaring your income, in pretty much any country. I'm no expert on tax law in every ...
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AaronPriest replied Oct 17, 2023That's not sales tax, it would be income tax. Here in the US (and I assume maybe some other countries), capital gains tax on a personal account would be a lower % than income taxes as an independent contractor with prop firms. However, if you run ...
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AaronPriest replied Oct 11, 2023So, to summarize simply, only ONE trade per symbol (unless you set a stop loss beyond break even before opening a second trade). That's it. Any more and you are breached.
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AaronPriest replied Oct 6, 2023I've been using ACG for a month or so. There's no problem if you use a fixed lot size, but I had to re-consider my risk approach with my trade copier from my master account because I usually do risk % per trade, and that won't work when lot sizes ...
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AaronPriest replied Oct 5, 2023CTI is maybe the 3rd oldest prop firm still around today and quite legit, founded in 2018. They've been poo-pood for other firms as far as bargain/value for their programs, but as more and more recent prop firms that are less than 3yrs old keep ...
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AaronPriest replied Oct 5, 2023Well, he's doing 50% discounts on TFT this morning... heh
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AaronPriest replied Oct 5, 2023Is this one of the firms owned by Angelo? They literally had a 50% discount the day before closing. Desparation.
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AaronPriest replied Oct 5, 2023What did I say earlier about Bespoke changing the rules and having different definitions for things every other week?
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