- Search Metals Mine
- Nsak3y replied Jun 6, 2022
-I fully agree. Personally, after spending some time on demo trying to see if I would like it, I decided that the model was too restrictive for my tastes. If they loosened it up a bit, I might reconsider. However, my comment was in reference to ...
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- Nsak3y replied Jun 6, 2022
-Absolutely. But two considerations may need to be made: The high profit-target, although very reckless and extreme, allows traders to get funded much faster. ... Although most firms start out this way, they typically do not need to rely so heavily ...
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- Nsak3y replied Jun 5, 2022
Yes, the refunded fee can be used as a tool, but it is not guaranteed, as you say. So, treating losses from challenge fees as a tax write-off (for those that can), is the best approach, I think. I also think that the concern for high-risk trading ...
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- Nsak3y replied Jun 5, 2022
-Yes. However, I do think that there is a place for this kind of thing. The reason being, is two-fold: 1. I will assume that most traders lose their accounts due to daily draw-down violation, not max draw-down, since most traders seem to be ...
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- Nsak3y replied Jun 2, 2022
-While I believe that the direct funding models are not worth it for me, personally, as there are better options available, I do think that there may be a place for them...for some people. For example, people that are not able to utilize local or ...
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- Nsak3y replied Jun 2, 2022
It could be wrong, and just has not been updated properly to reflect the recent changes. Lot size limits depend on the broker being used. Before, they offered more than one. They recently switched to 8-cap. Not sure if traders were allowed to keep ...
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- Nsak3y replied Jun 1, 2022
Yes, for anyone that monitors both, the correlation has been fairly consistent for a while now. I assume the influx of big money/professional traders and EA's etc. heavily contributed. Crypto is easier to manipulate, but this should actually bring ...
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- Nsak3y replied May 31, 2022
-Yes. The same draw-down allowance can already be achieved through account merging up to 300K. So, they may just be using it as an excuse to remove it at the end of June, since it is being presented as a limited-time offer. Because technically, ...
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- Nsak3y replied May 30, 2022
I am not so sure that it would matter much since the trader would need to achieve that in the first place and would be at risk of losing their investment if they did not reach it. Unless you are implying that this is so that the firm can avoid ...
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- Nsak3y replied May 30, 2022
-This might depend on what type of trader you are and what your overall goals are. For me, having a long-term, stable account is much better than trying to secure new accounts regularly. However, if it is a 'fun' account, then sure. -I am sure that ...
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- Nsak3y replied May 29, 2022
-Good question. -Unfortunately, as things are, that is the way that it seems at the moment. -Technically, the lot size range is applied indefinitely. I surely hope that they revisit this. I cannot imagine that they have thought this out fully. One ...
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- Nsak3y replied May 29, 2022
-Thank you for mentioning this. Unfortunately, yet another thing that does not seem to be published (or easily accessible) on their website. I contacted support about it: (Me) 08:25 PM Someone made a comment on ForexFactory, and I would like to know ...
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- Nsak3y replied May 29, 2022
So I looked more into the Fidelcrest offering. It looks like a potentially good option for those looking for a larger account (with possible, free, back-up account), although, there are some annoying caveats regarding copy-trading and account ...
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- Nsak3y replied May 29, 2022
-This is interesting. I wonder if this will allow them to remove some of their bogus restrictions. -Blue Edge Funding did, but their funding operation is currently on hold because their backer (Trader's Central) kept causing their clients to have ...
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- Nsak3y replied May 28, 2022
-I have to agree. It is all about perspective. People that automatically see things in a negative way, will generally dwell in that place and struggle a lot. Better to focus on positive things and to allow what you see to be possible motivate you. ...
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- Nsak3y replied May 28, 2022
-I think it is great. Good for the longevity of the remote prop model and also good for experienced traders.
I always say, trading education can be as cheap or as expensive as you want it to be.Prop Firm Hub
- Nsak3y replied May 28, 2022
-Only briefly glanced at the site, but I see several signs that this is likely a Trader's Central white label firm. Thanks for sharing, nonetheless. I always appreciate when people share new firms to look at.
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- Nsak3y replied May 27, 2022
-I am really surprised that you are getting such thorough responses. Thanks for sharing.
This one is not really for them to answer. That's funny.Prop Firm Hub