Well, couple of different points of view here. One could view challenge fees as a business expense. I am sure, being the intelligent person you are, you are aware most companies operate in the red for a minimum of 2 years or if you wish to purchase ...

FTMO - For serious traders

Some can choose that way. Being in the US, don't have that option. Some choose FTMO. Some people eat seafood, some don't. I'm a football fan, you may not be. I like the beach, some prefer the mountains. You get it....... The argument is irrelevant ...

FTMO - For serious traders

Yes, true. I misspoke. Was just trying to get the point across that MOST live accounts lose money as well.

FTMO - For serious traders

Oh, I'm sure he is doing just fine. I'll send him a PM later to check for you though.

FTMO - For serious traders

It has a 93% failure rate. Pretty much in line with most live accounts. Yes, correct I am using them to achieve MY goals, wouldn't call it "punishing" them.

FTMO - For serious traders

Not sure I understand your question...but if you are asking if you should stop trading once all objectives in the challenge have been met....Yes, absolutely. Not sure about the 5 days qualifying as passed though, as that is 10 days. Is this a ...

FTMO - For serious traders

and what would that be? I don't find it a secret that most people fail the challenge, FTMO admits that. Here's what you don't understand....I don't care what there business model is, I am using FTMO and others for MY needs. They are part of MY ...

FTMO - For serious traders

I made 1% on my account TODAY. Just closed down the platform to avoid giving any back. That's called discipline.

FTMO - For serious traders

4% monthly is literally 20 pips per day using only 1:1 leverage.

FTMO - For serious traders

You are absolutely correct Koop. The 10% that first month is challenging, maybe perhaps why they call it a "challenge". Perhaps (more than likely) it is designed for failure. Once you pass it though, if you can earn 3-4% per month, which is very ...

FTMO - For serious traders

Amazing sometimes how it's better to be lucky than good. Us old pros trying to grind out profit every month and this guy "knows" where price is going and doesn't need a stop loss. Truly amazing.

FTMO - For serious traders

It's amazing they continue to back this company when they can't even pay those that do make a profit. I mean, seriously, titties only get you so far, I can see them anywhere.

Prop Firm Hub

That company was shady from the get go. This solidifies it.

Prop Firm Hub

If fee is greater than max loss offered, see post above.

Prop Firm Hub

That's why we need to police it ourselves. We need to increase the popularity of this thread. Any firm, new or old, one is thinking of joining, should be posted here, we can share experiences if we've used them or help with the due diligence if ...

Prop Firm Hub

It was actually genius of Mastermind to start this thread, with all of us locating, researching, using these firms, should keep us with the good ones and avoid anyone getting scammed.

Prop Firm Hub

As you know Koop, I am all over this, had another fellow trader do some investigating on DT4X, here is what they found: Anyway, first off, they aren't even accredited. If they are a UK financial company they need to be the FCA. They are not a ...

Prop Firm Hub

Right, but only the thread starter can block, so we'd have to go the opposite way. Leave this one for the naysayers to enjoy each other's company and start a new one for us.

FTMO - For serious traders

I truly think we are at a stage now where we will see numerous new offerings on a weekly basis. Everyone trying to jump on board based on the success of the proven companies we already know and trust. Each one will try to outdo the other, but at the ...

Prop Firm Hub

[quote=profitfarmer;13499933] else, for alternative, with a lot more relaxed track record rule, and a moderate profit share in comparison ( but completely free) i can recommend AxiSelect to everyone. Yes, I would be all over that. However, due to ...

Prop Firm Hub