-As mentioned, I am proposing that the model be changed so that firms do not have to cheat. For the math, I am referring to the simple math that would be required to determine the long-term sustainability of a prop, based on the fee structure and ...

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-Yes. I do believe that even with a fee-based model, sustainability should be possible. The statistics are clear. So long as the fee structure is recurring and the firm can cap monthly payouts, then it should work, in theory. This assumes that the ...

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-We can only speculate, really. Until someone tries something new, we may never know. But math does not lie and the statistics are clear. So long as a firm can generate more inflow than outflow, then the model should be sustainable; 3rd-party ...

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-Because, eventually, word will keep getting out about so-and-so firms denying payment and/or banning profitable traders etc. until there are no reputable firms left and the entire space becomes a ghost town. If changing the model ensures long-term ...

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-I was speaking in terms of model viability so that props do not need to do nefarious things in order to try to ban profitable traders. If there was a monthly profit cap (with monthly, recurring fees), then the sustainability of the model might be ...

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-This is the right mindset.

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-I would expect regulation to kill the model. But as you know, our country has made me very cynical. Perhaps an alternative model could exist, that involves recurring fees, cap on accounts/funding and a cap on monthly profit. Once you reach your ...

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-Or an attempt to try to legitimize their business and hide from the ponzi police.

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-Maybe Kazmi can relocate offshore and rebrand with MFF-FTCTFC.

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-We can thank the white label prop services for that. Pretty much any kid with a little bit of money could inflate his own ego by calling himself a CEO and pretending to be smarter than he actually is.

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-It seems like the inevitable outcome. When you are trading your own money, it is much more difficult to trade that way unless you are trading a really small account or have money to burn (i.e. you just do not care, either way). With prop, you can ...

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-Depends on how you trade. If you know where the market is going, the lower time-frames are great for entries because you can minimize your draw-down to the extreme.

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I am just trying to understand the logic. Wouldn't the trades for STP be treated individually and not as a group? And then, broken up into smaller sizes across multiple brokers? I am struggling to understand how the live conditions were worse and ...

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-I do not care much if they did or did not at this point. I am just curious.

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-Which is probably no surprise to anyone that frequents this thread. I still wonder about the STP accounts. Why wouldn't MFF just route their 'a-book' trades to various brokers, where the conditions are likely going to be better (b-book conditions)? ...

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-I do not hold any real opinion about Angelo, as I do not know him personally. But I see glimpses of sociopathic behavior at times. It could just be all of the success, though.

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-Do you think that this is because the futures props are subscription-based? I always thought that remote fx props would be better off if they were structured this way.

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-Yes. MFF admitted that all traders eventually fail once placed on live (if I recall correctly), so I wonder what their procedure was when one of those traders purchased a new account after failing... if they were immediately placed back on live, ...

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I think that most remote prop firms have no real intention to A-book anyone. For them, better to just ban all copy services so that they can mitigate risk at the door; allowing them in would be a lose-lose situation for the firm, in most cases.

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-Realistically, though, it is because they need most traders to lose. When the so-called liquidity and fills are all simulated, then it becomes difficult to dispute.

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