Disliked{quote} Strange to see engineer there. In one of the prop groups that is label as a clear scamIgnored
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
Disliked{quote} Strange to see engineer there. In one of the prop groups that is label as a clear scamIgnored
Disliked{quote} What are the arguments? It's not like I've heard about shady stuff like with Bespoke, and the CEO seems to be more of a seasoned trader.Ignored
Disliked{quote} Also, just because a prop pays. cannot be the reason to accept that they are not ponzi.Ignored
Disliked{quote} You know, with all the leaks going on in every aspect of the society, you'd expect that sooner or later, there would be an ex/disgruntled employee/partner or an affiliate completely spilling the beans. There is speculation or 'I heard' statements or other assertions without proof from the regular Joe. There has been court cases that shed some light on some of the operation but still, it is not clear if those particular props were doing something wrong that others weren't doing or if the props have adjusted somehow to not get caught based...Ignored
Disliked{quote} sure but the longevity of the props would require more than ponzi I think. It’s very diminishing returns when it comes to props cos without hyper growth you are constantly keeping good traders and dropping bad.Ignored
Disliked“Journalist” more like “fucking charlatan” imagine trying to claim non bias whilst doing giveaways for companies. Just as pathetic as that Forexpropreviews clown who sells reviews to highest bidder.{image} {image} clown worldIgnored
Disliked{quote} They have unclear rules (martingale and grid). You won't find a definition for that in their site (this is probably intentional). As far as I read in telegram group 2 positions is fine but if you enter 3 positions you need to make sure that doesn't fall into grid definition. For martingale they have the soft version. So if you buy 1 lot at 100, then 1.1 lot at 99 and then 1.1 lot at 98 this is soft martingale. Vitore here was denied a payout from them based on grid (I can't find the post but it's somewhere in the topic). I think BeSpoke...Ignored
DislikedMFF and FTMO likely have more people in their demos than icmarkets has customers. Their live servers are pretty much the size of icmarkets. So yes I am saying they are bigger than almost all brokers.Ignored
Dislikedsure but the longevity of the props would require more than ponzi I think.Ignored
Disliked"Adding two positions in drawdown is fine more than that might be considered as a martingale strategy, we have no problem with you placing as many trades as you like in the same area. For example, if you’re buying XAUUSD at 1900, you can place as many trades as you like within the range. Stacking in fine. The problem occurs when you take the same example of XAUUSD 1900 SELL and then you sell again at 1910, and then again at 1920, etc etc. only the first 2 positions will be counted. We do not fail traders for martingale/grid. We just deduct any profits...Ignored
Disliked{quote} What are the arguments? It's not like I've heard about shady stuff like with Bespoke, and the CEO seems to be more of a seasoned trader.Ignored
Disliked“Journalist” more like “fucking charlatan” imagine trying to claim non bias whilst doing giveaways for companies. Just as pathetic as that Forexpropreviews clown who sells reviews to highest bidder.{image} {image} clown worldIgnored
Disliked{quote} I cant answer that as I never paid much attention. I noticed that it's immediately discarded as "scam" by the administrator running the circus. I'll try to see if I can find out anything more about engineerIgnored
Disliked{quote} Bespoke looks pretty good. Just got a 50K with them. Read on their Discord about the 'soft' grid/martingale. Couple trades are OK and no-problem with stacking profitable trades. Like noted 2 trades is the line. The 3rd is a 'warning'. They said its not auto-terminate so prob manual review. From CS Discord: ---------- "Adding two positions in drawdown is fine more than that might be considered as a martingale strategy, we have no problem with you placing as many trades as you like in the same area. For example, if you’re buying XAUUSD at...Ignored
Disliked{quote}-To each their own, but for me, this sounds contradicting and unreasonable. No reason for me to consider a firm that will employ such measures. So instead of allowing traders to break up their trades into smaller position sizes to minimize slippage and potentially enter at a better price, they want to force traders to trade fewer and larger positions? Hmm... If they will deduct all profits from position 3 & onward, I wonder if that same policy will apply to losses. Not that I care, but one has to wonder about it.Ignored
Disliked{quote} I cant answer that as I never paid much attention. I noticed that it's immediately discarded as "scam" by the administrator running the circus. I'll try to see if I can find out anything more about engineerIgnored
Disliked{quote}-In terms of the ponzi model, maybe we have to consider that this may not be a ponzi in the traditional sense, since people are making buy-ins repeatedly and ongoing, in lieu of just a one-off investment. At least, for now, it would seem that the argument could be made that it might be sufficient.Ignored