- Search Metals Mine
- Nsak3y replied Jul 12, 2022
-So basically, your profit split is actually around 31%??? Screw that.
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- Nsak3y replied Jul 11, 2022
-I suspect that the only traders willing to sign up with these funding programs are the ones that are not aware of the better options. If I recall, the broker offerings usually come with consistency rules and/or post-challenge review teams etc..
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- Nsak3y replied Jul 11, 2022
OspreyFX KOT4X ProsperityFX Are a few that I am aware of. I have not looked too closely at the offerings. If I recall, the one or two that I looked at were not very competitive and/or were overly restrictive, comparatively speaking.
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- Nsak3y replied Jul 11, 2022
-Some brokers have already started. Whether or not they are really, really good may be subjective.
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- Nsak3y replied Jul 9, 2022
-What is TFT (The Funded Trader Program?). Thanks. -Yes. But that's the kicker, because it can be lost, just like a challenge. Any program that requires a minimum profit target in order to make a withdrawal is really just a challenge model wrapped ...
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- Nsak3y replied Jul 8, 2022
-They seem to require traders to define their trading strategy. Would be curious about what that entails. They also claim to have traders using their trading plan template prior to launch. image
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- Nsak3y replied Jul 8, 2022
-Yes, that is not good, for sure. The offer is good enough, though, that it might be worth asking if they would allow an alternative payment method. Hopefully, there are some brave people that would be willing to give them a go and report back.
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- Nsak3y replied Jul 8, 2022
-If this is legit, then this will blow everything out of the water. But, as you say, seems too good to be true.
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- Nsak3y replied Jul 8, 2022
-I would not try fundyourfx for the reasons previously stated. Trutraderfund is also not good, in my opinion. For me, the 1M account is the only thing worthwhile, but that requires flipping the account 3 times with only 1:3 leverage. It is doable, ...
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- Nsak3y replied Jul 7, 2022
-Yes. This is exactly what I think when I look at firms like trutraderfund. There is no way that these guys are pushing all traders to a live market and giving them 5K draw-down for a $250 buy-in. Even IF they are able to get 1000 traders signed up, ...
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- Nsak3y replied Jul 7, 2022
-Trade copiers can sometimes be used. But for me, I trade in a way that allows me to use either/or. I forced myself to not rely too heavily on something that I cannot continue to use indefinitely.
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- Nsak3y replied Jul 7, 2022
-They have some rules that may be designed with ill-intent. For example, the maximum lot size rules relative to account balance. A violation of this rule will result in account termination. They also require a stop-loss attached to every order with ...
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- Nsak3y replied Jul 7, 2022
-That seems subjective. Just because something may be considered difficult by some, does not make it a scam. If that were true, many professions would not exist. The money that these firms charge is given back once the objectives are successfully ...
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- Nsak3y replied Jul 5, 2022
-Yes, and if it is similar to Ment, which it sounds like it could be, then the challenge fee costs a lot more and is NON-REFUNDABLE! If like Ment, then they also likely have the same sneaky tactic of forcing traders to keep their own profits in the ...
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- Nsak3y replied Jul 5, 2022
-Yes. I actually contacted support and got clarification on this. I posted their response a few pages back (I think). It is good (and surprising) that they updated their site. -Giving this some thought, if we try to examine this objectively: It is ...
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- Nsak3y replied Jul 4, 2022
-Yes, exactly. And exploiting that loophole seems risky to me. Maybe some traders would be able to get away with it for a while. -Yes. That, or they are just greedy. Either way, it's all about profits, most likely.
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- Nsak3y replied Jul 4, 2022
-Well, you can add me to the list of traders that really appreciate it. I appreciate all types of feedback, good or bad. I hope that more traders are willing to test the waters and share their experiences. The more good firms that can grow and ...
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- Nsak3y replied Jul 4, 2022
-I personally do not understand the issue of EA usage, especially if the EA is profitable and does not create problems for the firm. It is their choice, I guess. I use EA's for close-all and automatic TP/SL. Finotive was not looking so great, even ...
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