-As traders, it is our responsibility to check the contract specifications to fully understand what we are trading. The good news is that you will probably not make this mistake again.

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-Thank you for sharing. Checked it only briefly. Offer does not look good. They require too much and offer too little. Also, the scaling plan is a joke. They will increase your daily draw-down by 15% if you flip your account within 5 days (i.e. if ...

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Thanks. Yeah, I suppose it would be a matter of what percentage of trades are actually hitting live market. I cannot imagine that there would be very many traders that they would trust, though. I suspect that some probably have their own, internal ...

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-Curious how this works for firms that likely put most of their traders on demo accounts without any real trading actually occurring. What are the liquidity providers for if most of the liquidity is running on simulated trading? And if you are using ...

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The issue that a select, few people try make against prop firms just seems nonsensical to me. Sure, you can accomplish the same or better with a personal account, but you need a lot more startup capital and you need to risk a lot more of your own ...

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-Yes. In actuality, it is a lot more than that, unfortunately. -Because that is not as profitable. In order for this model to work, these firms need a high turnover rate. Until/unless these firms start actually looking to push trades to live market, ...

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Yes. I asked him publicly about that a few weeks ago. He said that he would get back to me over the weekend, but he must have meant a different weekend.

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-Yeah, maybe TheFxKramerLordFx or some other variation. The man that is so good that he doesn't need anything from anyone, yet, seems to desperately need something from everyone.

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-In my opinion, all firms should have an emergency fund allocated for unforeseen events, that grows as the firm grows. Not doing so would be highly reckless and greedy. If these firms were heavily reliant on outside investors, then I guarantee that ...

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The reasoning was not overly questionable for some, but the purpose for asking was so that we could get confirmation and maybe some clarification from FTMO. FTMO has thousands of subcontractors, so maintaining an honest and transparent working ...

FTMO - For serious traders

-I doubt that.

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-Try to figure out why and work on it. -Feels like dejavu.

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-Probably, no reason not to unless 3rd parties get involved. Better than a ponzi because gains are not guaranteed and only a small percentage will likely see them. Even if traders quit, there will always be newbies joining the pool.

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-I asked the question as soon as I saw it. These changes may be minor to some, but might require a totally new approach for others, so perhaps it warrants some explanation. Hopefully, they respond without using some canned response. -I do not really ...

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-Perhaps there will be some speculation regarding these updates. Any chance that we may know the precise reasoning for these changes? Thanks.

FTMO - For serious traders

-I think, if it can be done in a fair, honest and objective way, then it is very good and appreciated. If they are a scam, then they should be exposed as such. However, if it turns out that they are not a scam, then that should also be disclosed.

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-Yeah. That's one perspective. When you consider blessings like this and the rate of taxation (among many other insanities) in the good ol' land of the free, the idea of relocating probably starts to feel inevitable for some; aggressive tactics may ...

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Regarding regulation, that may depend on where these firms decide to set up shop. If they can remain 'untouchable' in a sense, then better for us, but also riskier for us. It is a trade-off. Similarly, when you consider off-shore brokers, having ...

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-Really? I'm not totally sure. But, I am not in any position to say one way or the other. My suspicion is that there is still room for improvement, but unless we know the actual numbers for everything, then it may be difficult to discern for some ...

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