- Search Metals Mine
- Nsak3y replied Jul 9, 2024
-Good. Very logical. It is truly a gift; basically an admission of guilt that can be leveraged.
Prop Firm Hub
- Nsak3y replied Jul 8, 2024
-As Takisd noted, trading prop vs. trading a personal account matters a lot. Some strategies are bound to be losers over the long-term for most traders, but with prop, it is easier to rinse and repeat, making some of these higher-risk strategies ...
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- Nsak3y replied Jul 8, 2024
It is often easier to be more precise if/when you are scalping the market (and/or using smaller time-frames for entries). When you are using higher time-frames for entries, it is often beneficial to have some flexibility. Entering within a 'range', ...
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- Nsak3y replied Jul 6, 2024
-We have a chairman and three commissioners that have been appointed by the US senate to represent the CFTC, yet they cannot get their house in order. It certainly raises many questions. When we examine the roles of both, the chairman and ...
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- Nsak3y replied Jul 6, 2024
-Hopefully, you are right, but I wonder what she has actually done to fix things. She is obviously aware and has had ample time, yet things continue to happen under her watch.
Prop Firm Hub
- Nsak3y replied Jul 6, 2024
-No doubt covering her own butt with these complaints. I imagine that she is probably hoping for some sort of reprieve for the CFTC so that they can still get what they want and not lose their jobs in the process. She was quoted last year as saying ...
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- Nsak3y replied Jul 4, 2024
-Yes, but I was speaking from a perspective of the firm. I also think that such notices could be easily posted within discord while keeping things cleaner and easier to read. I suspect that if a few traders are experiencing problems, that the firm ...
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- Nsak3y replied Jul 4, 2024
-If they have any sense at all, they would try to do something. You would think.
Prop Firm Hub
- Nsak3y replied Jul 4, 2024
-There is no way that they are going to make everything right and pay everyone that is owed money. But even so, I bet that some people will still give them their money.
Prop Firm Hub
- Nsak3y replied Jul 4, 2024
-It seems to me that these firms should not even bother with discord, other than to provide information to traders, create polls for ideas and allow traders to provide proof of payouts etc.. Most firms want traders to contact support for issues ...
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- Nsak3y replied Jul 4, 2024
-Probably, the money has run out and they need more. And since they got away with it the first time...
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- Nsak3y replied Jul 2, 2024
-He probably threatened to sue. Guy sounds like a real winner.
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- Nsak3y replied Jul 1, 2024
-One would think so. But then you have to consider the ladies and lambos. I guess.
Prop Firm Hub
- Nsak3y replied Jul 1, 2024
-That could be. I do not really see that happening, though. I think, also, by going heavy, he could risk shutting himself out of the opportunity as well, so maybe a double-edged approach. Also, 300k should be enough to fund a personal account, ...
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- Nsak3y replied Jul 1, 2024
-My impression is that they want consistency. So, constantly changing sizes, or going all-in is not good. But if you steadily increase sizes as you grow the account, then it should be fine.
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- Nsak3y replied Jul 1, 2024
-Looks like he decided to be greedy and go heavy once the profit caps were removed, based on what he wrote. He probably tried to trade bigger sizes and pushed it too far. Perhaps he figured that he could easily bounce back, given the amount of money ...
Prop Firm Hub
- Nsak3y replied Jun 30, 2024
Shouldn't be too difficult to trick a correlation algo by breaking up your trades into smaller sizes on one of the accounts; maybe use different take-profit sizes between accounts. If more is needed, then simply using a different time-frame for ...
Prop Firm Hub
- Nsak3y replied Jun 29, 2024
-Yeah. I suspect that doing that would have cost quite a lot of time and money. Going this route, everything is already in place and he probably didn't have to spend a penny (maybe?).
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- Nsak3y replied Jun 29, 2024
-Perhaps they should have considered rebranding under a different name. Since they are making Josh CEO, it shouldn't have been difficult to just say that Josh was buying them out and restructuring everything from the ground up. Would have given them ...
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