- Search Metals Mine
- Nsak3y replied Jan 10, 2024
-I think, not wanting or needing government involvement in everything, especially in the where and how you choose to invest your own, hard-earned money, is not the same as saying that you believe that consumers should not be protected, but to each ...
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- Nsak3y replied Jan 10, 2024
-Who said that? Most of these props make it very clear that you will be trading on a demo account, even once funded. -Reasonable regulation is what is needed, but crippling regulation is the only thing, short of absolute death, that the CFTC will ...
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- Nsak3y replied Jan 10, 2024
-As mentioned, not what I was saying, but even still, it seems like a bit of a jump to me. Saying 'we win when you win' (or whatever it was), hardly qualifies as a statement about the financial markets. Even what they were doing is still ...
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- Nsak3y replied Jan 10, 2024
-Maybe, but that's not what I said. I said that it should not fall within their scope. We have the FTC and other groups that regulate false advertisement and consumer protections etc.. Which is why any case involving activity that does not fall ...
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- Nsak3y replied Jan 10, 2024
-I do not expect that, either. It was more of a rhetorical question. Obviously, I would not expect you to disclose private conversations. I was making a reference to what has been spoken about publicly; about things that we can actually base our ...
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- Nsak3y replied Jan 10, 2024
-FTMO, like most firms, have always made it clear that traders would be placed on demo, and that any trade copying/forwarding would be at their discretion. They are not greedy for offering services to regions where such services are in high demand, ...
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- Nsak3y replied Jan 10, 2024
-Have you considered that you might bring that on yourself by always making condescending claims about people? -Is it, though? Who thinks that way?
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- Nsak3y replied Jan 10, 2024
-That's what US National means... US Citizen; regardless of residence.
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- Nsak3y replied Jan 10, 2024
-Exactly. That being said, though, some companies are willing to risk it, and will onboard using foreign residency info.
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- Nsak3y replied Jan 10, 2024
-It's not a matter of criminal activity, obviously. It is a matter of regulation (compliance), and what regulators can and cannot do. If you service one of their own, then they can try to force you to comply with their nonsense. In your example, ...
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- Nsak3y replied Jan 10, 2024
-Because as a US passport holder, you are owned by the US government. All tax laws, banking laws and regulation will apply to you, making you radioactive to most foreign, financial entities that would be subject to burdensome and costly compliance, ...
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- Nsak3y replied Jan 10, 2024
-Wrong again. I do not believe that anyone here thinks that some regulatory oversight is a bad thing. We all want some oversight and accountability with firms. But it needs to be the right kind, not the overreaching, crippling kind.
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- Nsak3y replied Jan 10, 2024
-One reason is because making a public statement like that positions you very unfavorably. It's basically an admission of guilt that they are doing something wrong and should be looked at by regulators. By saying that it has nothing to do with ...
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- Nsak3y replied Jan 9, 2024
-Probably not. We are too ignorant and arrogant to understand why regulation is a good thing.
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- Nsak3y replied Jan 9, 2024
Probably how more people should be trading anyways. But instead, traders often try to recover from losses as quickly as possible because of the pain element. Hard to overcome that psychology for most. With discipline, a greater tolerance for pain ...
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- Nsak3y replied Jan 9, 2024
-Looks like the static draw-down may only be available with the promo, for a limited time-only. Maybe Matt is running a test to see if it is a viable option with the subscription model. I would welcome that change in this space (no daily draw-down, ...
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- Nsak3y replied Jan 9, 2024
-It would be interesting to know who was notified prior to that take-down.
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