-I think that, as long as they are honest and upfront about it, then I am okay with it. It may be hypocritical for them to set the bar so high, and then have such different expectations once funded, but as previously mentioned, I accept the ...

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-I think, if firms like FTMO and others want to blacklist gamblers, then so be it. It will be better for the long-term sustainability of the firm. I just think that there are better, more honest ways, to go about it. I also think that such terms ...

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-Maybe. But if turns out that the rumors are true, then it could become important enough for the community to speak up, rather than to take a casual position about it. Wouldn't you agree? If you partner with someone in business, wouldn't you want to ...

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These kinds of rumors give traders the impression that a firm may actually be concerned about the firm's risk, and not the trader's risk, when in actuality, both should be in-line and in harmony with each other. If the firm were truly concerned ...

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-Would be curious to know more about this. Do you believe the sources to be credible and that they are disclosing the whole truth? We probably should have this verified before getting too far with it. Unfortunately, Vitek-ftmo hasn't posted in the ...

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-But gambling is subjective and open to interpretation. So if a firm wants to have rules that prohibit activity that they construe as gambling, then they need to clearly define what gambling means for them and what it doesn't.

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Enforcing such terms that are not clearly-defined is not good for business. Risk is defined already by the draw-down limits. If they want more restrictions on top of that, then most traders will not deem such a backwards-stepping decision to be ...

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-Yes. You are probably right. The exception to this might be when a firm is selectively copying trades. So, having a high-risk trader that you know is going to eventually fail hard would be a difficult decision to copy. -For me, a hidden rule is ...

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-Exactly right. And I think that is how it would have to be approached; allow high leverage for challenge in order to achieve high targets, but then lower leverage on funded. Not saying that I agree with it, but I could live with it, especially if ...

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-Yes. I have always said that the challenges were hypocritical. Not only in terms of what good trading should actually look like, but the fact that they set those terms and even showcase big monthly earners, all the while, trying to preach about ...

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-I wouldn't necessarily say that the rule is hidden, as nearly all prop firms have something in their terms that state that they have the right to terminate an account at their own discretion (among other things). However, it is not common to see ...

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-This is understood. However, I think that most traders would not prefer consistency rules. And although limiting leverage would not completely stop gamblers, it would minimize the damage that props could be exposed to, which is likely the real ...

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-Yes. Or reduce leverage, which would basically produce the same result. Lowering leverage would probably be better for all parties since we are dealing with different account sizes and contract specifications. I think, if firms want to deter ...

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As traders, it would be good if we can accurately discern between greed and strategic planning when such measures are taken, in lieu of speculating and attempting to predict worse-case scenarios. This is why transparency is so important. ...

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-Yes. This ambiguous language works in their favor. -Yes. They want the cake, they want to eat the cake and they also want the ice cream or whatever else that comes with the cake.

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-I assume that this is in reference to taxes. But from a legal perspective, it should be clarified for readers that an LLC does offer advantages in terms of legal/asset protection. Depending on how your business is structured, you can see pretty ...

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-Likely, some of the higher-risk traders are doing more damage than they care to absorb. It is not really surprising. Even MFF has very recently stated that traders are getting smarter, as they are seeing a higher percentage of traders getting ...

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I really do not like it when firms impose 30-second rules (or worse). I think, trades should not take that long to copy. However, to make adjustments to the demo account prior to payout so that the profit/loss is a 100% accurate reflection of what ...

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-Agreed. Not to mention the fact that he appears to be able to connect to demo-1 and live. @Pipsologyst - Try to ping all of the servers using CMD (outside of metatrader). If you cannot, it is likely a server/connection issue. If you can, it is ...

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Understood. Thanks.

Traders With Edge - Trader Funding