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HammerHeart replied Aug 31, 2021Email can be slow. Go to their discord chat if you need support, faster answer.
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HammerHeart replied Aug 31, 2021Noted... in Italy is much more complicated like you wont believe. Indipendent income can be taxed in dozens different ways. So its important how I qualify as, even if taxes to be paid are same but somethings according to taxman is off I could get ...
FTMO - For serious traders
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HammerHeart replied Aug 30, 2021Thank you for your contribution, I think regulations in the EU are pretty much the same so its relevant to me, too. What I dont understand is how you qualify your independent income. I mean, in Italy you can have independent income as many ...
FTMO - For serious traders
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HammerHeart replied Aug 30, 2021Same regulations are in place all over EU. With FTMO you are trading a demo account hence no qualifications needed and there shouldnt be issues. Other prop firms do set you up with live account, but even in that case, "counseling services" shall be ...
FTMO - For serious traders
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HammerHeart replied Aug 30, 2021Its not even a real correspondence address. Was copied from here url
Prop Firm Hub
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HammerHeart replied Aug 30, 2021This so called "proprietary firm" is run by a 18 years old Indian kid. Wouldn't bet $1.
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HammerHeart replied Aug 29, 2021The verification phase with FTMO is 5%. Only negs I see with MFF are MT4 platform, minor issue but biggest is MFF allows two hedged positions only, and I use hedging rather extensively, so thats limiting to me.
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HammerHeart replied Aug 29, 2021Southern Italy is a different story, look at these stats: url Most of the people I'm acquainted with barely manage 1k a month. And you aren't counting state pension funds rate (about 26%). And there are local taxes, too... not to mention salary on ...
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HammerHeart replied Aug 29, 2021Southern Italy yes. The problem is cost of life isnt cheap especially housing, one bedroom flat rent rate is easily 500-600 eur. Its difficult situation ought to tax evasion and outrageously high income taxes each fueling the other. Sorry for the OT. ...
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HammerHeart replied Aug 29, 2021Never gamble what you cant afford to lose imo, so it's up to personal choice and financial status. Saving 10k from your regular job could be easy or hard depending on your work position and country, but thats close to average yearly salary where I ...
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HammerHeart replied Aug 27, 2021I have made same calculations but 1000x leverage really not needed. Most serious enough brokers will stop at 500x and its more than enough. Also, I'd envisage leverage as a tool to have smaller margins vs afford just too big of a position. Still, ...
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HammerHeart replied Aug 25, 2021I never have and never watch any trading related YT videos. Most of these guys are cons and they likely have two accounts one trading against other (hedged) and only keep showing the better performing one. It's just another business where they make ...
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HammerHeart replied Aug 24, 2021I dont trade with MFF but lags can happen with any broker. About trading on a live account... I've emailed the support asking this specific question but got not answer.
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HammerHeart replied Aug 24, 2021I agree volatile days are a trader wet dream. We cant profit from a flat market. Friday was good USDCAD and CADJPY overbought and oversold respectively on daily chart, waited for a reversal for both and went good. Indices also rallied and quite a ...
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HammerHeart replied Aug 23, 2021I understand. But while FTMO agreement clearly explicit this other prop firms do not... hence if authority knocks at the door I would have no proof to support such claim and I could get in serious trouble. I guess I should stick with FTMO alone.
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HammerHeart replied Aug 23, 2021I'm from Italy. It might not be as straightforward for example with FTMO you arent trading any capital, you are in a demo account and basically playing computer and get cash rewards and its clearly stated in their contract, so there shouldnt be any ...
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HammerHeart replied Aug 23, 2021Might you guys allow me a question - in your respective countries are you allowed to trade for third parties without a specific qualification. In my country you are supposed to hold a financial or economy related degree plus some exam at a ...
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HammerHeart replied Aug 22, 2021I never get this kind of argument. Why not both, and possibly even more? Just use a master account be it demo or your own account; set up trade copier to locally (on your computer) broadcast signals towards accounts you have with prop firms, if they ...
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HammerHeart replied Aug 17, 2021If I recall well they also got a 10 seconds rule on all trades.
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HammerHeart replied Aug 17, 2021The evaluation commission is to compensate for risk. Trading isnt regular job if you arent productive with your 9-5 boss will kick you out while a losing prop trader is a risk to firm capital. Thats with so called prop firms like the ones discussed ...
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