- Search Metals Mine
- Nsak3y replied Feb 6, 2024
-I'm not sure if this would work with the current state of FX props. Probably, traders would just do what they must to get past the limit anyway (or fail), and the firms would not be able to do much with that extra time/data. So, maybe a win for the ...
Prop Firm Hub
- Nsak3y replied Feb 6, 2024
-Yes. The futures props are too restrictive, it seems. The FX prop space absolutely needs trust and stability right now, and introducing a model with profit caps, that would ensure that traders get paid, while also ensuring the longevity of the ...
Prop Firm Hub
- Nsak3y replied Feb 6, 2024
-I definitely think profit-caps are the way to go until/unless these firms can figure out a way to manage the flow in a profitable way, which doesn't seem likely. As far as their bottom line, I think that gamblers will be gamblers. If having a ...
Prop Firm Hub
- Nsak3y replied Feb 6, 2024
-Not everyone is the same; we all have our differences and our own lessons to learn. I do not know why you feel the need to always put others down, but we would all benefit to be more respectful and kind to each other.
Prop Firm Hub
- Nsak3y replied Feb 6, 2024
-Honestly, the wording is horrible. I cannot understand how these firms can operate a potentially, multi-million dollar business while making decisions based on posts like this. 1. Receive money within 24-hours or less upon initiating a payout? 2. ...
Prop Firm Hub
- Nsak3y replied Feb 5, 2024
Vitek- What is currently being done about this: Thanks.
FTMO - For serious traders
- Nsak3y replied Feb 5, 2024
-Not sure about anyone else, but their website seems laggy for me. Here is a screenshot of the customizations:
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-Well, I was only joking. But it's still the game, in my opinion. After all, the prop firm is doing what, exactly? That 20K is not hard-earned, nor is it really coming from the prop. It is up to the props to make sure that traders cannot cheat. We ...
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
I think, if account hedging ever became a serious issue, then adding some requirements to the challenge phases could probably solve the problem. Something like, 60% or more profit cannot come from a single trading day etc.. Since most firms removed ...
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-This is why I propose that the model be changed. It does not have to be the doom-and-gloom scenario that you describe. I am even going a step further and claiming that the automated hedging EA could actually serve a positive role in fostering that ...
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-Perhaps we can entertain a different perspective on this. Such services might encourage props to rethink their models and improve on them. I still like the idea of subscription-based models with reasonable, monthly profit caps. As mentioned, ...
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-Collusion with prop would be my guess. It happens with brokers, also, unfortunately.
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-This is not what you were asking about. I think, it would not be advisable for MFF to try to do anything at this moment, and even if they were brave enough to try, then they would certainly not try to do it under the same name, I would expect.
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-If we allow common sense to dictate, then we would have to assume that these sites are fake clones.
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-It was my understanding that the purpose of the file would be to pull trading data from various prop firm accounts. As such, you would need to have login credentials added to the file to be able to access that data, as well as any manual ...
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-If we are just talking about certificates, then I would agree, of course. But since you mentioned the blockchain, I assume that you were making a reference to disproving their claims. If we look at it from a perspective of convincing traders with ...
Prop Firm Hub
- Nsak3y replied Feb 4, 2024
-Probably, what you are talking about would be even more complicated than a basic excel file, since that raw data would need to be fed from various locations, requiring the user to plug into all of their prop accounts with login credentials and ...
Prop Firm Hub