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- Nsak3y replied Dec 13, 2023
-I think, the only way that this could happen is if the CFTC violated their rights in some way. So long as the CFTC had reasonable suspicion to carry out their duties, then there is likely no recourse for MFF to seek damages. The CFTC seems to have ...
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- Nsak3y replied Dec 8, 2023
-It's just another form of marketing. Probably, they hope that it will bring new traders to their firm.
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- Nsak3y replied Dec 6, 2023
-No need to prove. They already admitted it. As far as consequences, it won't be anything near what we would hope for if this is all that we can expect: The whole thing is a joke, especially to the CFTC, apparently.
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- Nsak3y replied Dec 6, 2023
-My hope is that the lacking oversight and accountability that we currently see with these regulatory agencies will eventually lead to their downfall. As the SEC and CFTC continue to overstep and behave like untouchable bullies, they will be sure to ...
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- Nsak3y replied Dec 5, 2023
-Whatever that means. Doubtful that such a move will provide the kind of benefit that he is hoping for.
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- Nsak3y replied Nov 27, 2023
-The title of independent contractor is only applicable if we are providing a service (e.g. our trading data is actually being utilized to generate capital), which is not the case, most of the time. But I think that regardless of whether or not we ...
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- Nsak3y replied Nov 27, 2023
-Yes, but this all leads back to this idea that props are wanting their cake and eating it too. Many props are being selective with their rules/enforcement, and only applying them when it benefits them to do so, in lieu of applying the same rules to ...
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- Nsak3y replied Nov 25, 2023
-I'm not sure. This new policy will allow them to banish 'high-risk traders/gamblers' and account churning. This would seem very counterproductive, hence the shooting of the foot comment. I expect that TFTP will be very selective about this, though, ...
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- Nsak3y replied Nov 20, 2023
-You have to if you are scalping; same thing with spreads/commissions etc.. But if you really want to go with a specific firm, then you may not have much choice. If you are doing automated trading, then you should consider using a VPS that is ...
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- Nsak3y replied Nov 20, 2023
-I like to think that by having some form of proof, you are afforded more leverage, even if you never have any real intentions on formally acting on that leverage in any legal capacity. And at the very least, you can blast them online and expose ...
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- Nsak3y replied Nov 20, 2023
-Speaking about trust and integrity, some firms may also go back on their word and change their policies at the drop of a hat (oftentimes, without even updating their customer base). Traders With Edge did this. Maybe some will honor the terms if you ...
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- Nsak3y replied Nov 20, 2023
-Maybe the clock starts once you are 'approved' or stops if an 'investigation' is required. Anyone interested in this firm should seek clarification, for sure. Cannot trust these firms with much.
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- Nsak3y replied Nov 20, 2023
-I believe in hard work. I think that it builds character and is important. But I also believe that things need to change. We cannot continue on this path. There are things that can be done, right now, to help reduce costs. We can start by passing ...
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- Nsak3y replied Nov 18, 2023
-As you know, this tactic is part of their playbook. They will not be held accountable. All they needed was reasonable suspicion, and even that can be fabricated. But good luck proving anything. The trading community here in the states is already ...
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- Nsak3y replied Nov 18, 2023
-Maybe. But I prefer to give people the benefit of the doubt in lieu of making judgments based on assumptions. For example, I could have joined in when so many here have made judgments about you, but I do not know you or anything about your ...
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- Nsak3y replied Nov 17, 2023
-Metaquotes CEO has publicly stated the following (on 2023/06/02): When asked what 'End of Life' means, he stated the following: Who knows what will really happen, or how this will play out in terms of brokerage offerings etc.. That being said, I ...
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