- Search Metals Mine
- Nsak3y replied Nov 4, 2021
-Sigh. You said that you didn't like the fact that there was no warning after you completed your challenge. I explained that it was not the same. You argued that you didn't say that it was the same, but that you used a similar technique. But I am ...
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- Nsak3y replied Nov 4, 2021
-Come on now, you know that technique was not the problem. You have even stated that you understand that it is their inability to execute trades, and in this case, to match demo with live conditions. -You are contradicting yourself. I would not even ...
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- Nsak3y replied Nov 4, 2021
Well, your challenge was not the same, as you know. Regarding the rest of it, you might be better off just trading a different way/instrument for now, than to wait around for them to fix all of these issues. Hopefully, though, this incident will ...
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- Nsak3y replied Nov 4, 2021
-To be fair, what he thought is irrelevant, and his intentions may be impossible to prove in this case. He was allowed to do it, though, and passed all objectives. Which means that FTMO may need to revisit this and consider making changes so that ...
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- Nsak3y replied Nov 4, 2021
Thanks. I see that now. Looks like a large portion of profits came from US30.
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- Nsak3y replied Nov 4, 2021
-Hadn't realized that this was a verification account. Did you pass your challenge by trading only DOT?
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- Nsak3y replied Nov 4, 2021
-This. Why have you not commented on their thread? I think that many traders here are curious and maybe even concerned about how this is going to be handled.
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- Nsak3y replied Nov 4, 2021
-If it is an accelerated-type model, where the nonrefundable buy-in fee nearly matches the DD allowance, then those things are mostly bogus. -Respectfully, I trust that you know well enough that most traders would prefer to have the 16% target ...
E8Funding.com | You take the trades; we take the risk.
- Nsak3y replied Nov 4, 2021
As far as the technical, inner-workings of how FTMO handles their crypto trading, we can only speculate. More information is needed. I would be surprised if they are willing to divulge those kinds of details publicly. But none of it really matters, ...
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- Nsak3y replied Nov 4, 2021
@Vitore - I cannot understand everything that you are asking about, but the only point that may even matter is the point that you already seem to understand, and that is this: Because of this fact, and because the slippage for crypto alt-coins can ...
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- Nsak3y replied Nov 3, 2021
I'm really not sure how it all works. A lot of it is over my head, to be honest. Sometimes, brokers will answer certain questions, but not always. I would be curious to know, because if I remember correctly, the leverage that is offered by some ...
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- Nsak3y replied Nov 3, 2021
-Define real. Probably not. I do not claim to be any expert. But if someone says that I am wrong about something, I will ask them why. Maybe I am wrong. If something is said to me that isn't clear, I will ask about it so that I can better understand ...
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- Nsak3y replied Nov 3, 2021
Who said anything about 1:100 leverage? In truth, the brokers that I have spoken to could have been lying for all I know. I remember giving Hugosway a hard time because they told me that they were using Bitfinex exchange and that their spreads were ...
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- Nsak3y replied Nov 3, 2021
-I am not sure how they have things structured. I do know that some of the brokerages that I have spoken to, typically have agreements in place that allowed them to route trades through their exchange, not sure how, maybe an API of sorts. I assume ...
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- Nsak3y replied Nov 3, 2021
I understand. It just seems high-risk for professional standards. Would you guys ever consider lowering it? Just curious. Thanks.
E8Funding.com | You take the trades; we take the risk.
- Nsak3y replied Nov 3, 2021
Thank you. That is very helpful. I just noticed that in order to scale on the ELEV8, a trader must achieve 16% profit within a single month. That is almost 200% a year.

E8Funding.com | You take the trades; we take the risk.
- Nsak3y replied Nov 3, 2021
Yes, it is silly. FTMO is not the only one, either. These firms are so quick to share crazy success stories where traders are clearly over-leveraging their accounts, yet claim to be all about proper risk management and professional trading etc.. We ...
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- Nsak3y replied Nov 3, 2021
-First of all, take a breather and calm down. There is no need to lose it over $15. You have already been paid, after all. If what you are saying is true, and Paypal hit your initial payment with a fee before the firm ever received their funds, then ...
E8Funding.com | You take the trades; we take the risk.
- Nsak3y replied Nov 3, 2021
You were fully refunded, according to law. The firm paid you in-full. You did not receive all of it because a 3rd-party imposed a fee for processing the payment. Your issue is with Paypal. The fact that Paypal took the fee out of the funds being ...
E8Funding.com | You take the trades; we take the risk.
- Nsak3y replied Nov 3, 2021
-I don't blame you at all. As traders, we should stick together and hold these firms accountable. I will back anyone that is treated wrongfully, but if I think that a trader is making a bogus claim, then I will call them out on it, even if they ...
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