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  • #7,481
  • Apr 10, 2022 3:17pm Apr 10, 2022 3:17pm
Quoting TrAndy1
@TTT The credit card payment went not through. I gave them some chances but Paypal does not work until today. They fixed it they said to me but it still does not work. A No-go you cannot say it works and when I try it for a third time it still does not work again. Also the website ask me too many open questions. It is really too dodgy. He might be lonely fighter, but if TTT cannot fix simple technical problems I might guess there could be issue with the payouts too. So far no money has been sent from me, luckily, I would say. Sorry, anybody else...
Thank you for the update.

Looks like the start of more than a few teething problems.

Masterrmind .............
Master your Mind then Master your Trades
  • #7,482
  • Apr 11, 2022 1:42am Apr 11, 2022 1:42am
Quoting TrAndy1
{quote} Just some of his emails, with his unprofessional appearance and talking in his emails to me. What did he answer after I told him for the third time no payment via paypal or credit card can be made ? "I can't believe this. After all this . I am looking into it now. Have you tried with the credit card option Sam" "Just checked Your right. OK back to the drawing board. Will have to wait for paypal to fix their coding Will get back to when sorted Thanks Mate Sam" I am not his mate by the way. He cannot believe it that after he has "fixed" the...
Hello TrAndy1;

I trust you’re well this morning.

Please be advised that I wish to record my sincere apology to you.

I am still a junior member on this platform despite my profile being created in 2019.
From what I understand this is since I don’t participate much so far as posting comments so I don’t have the ability to send you an individual message.

All the same I have no issue with apologizing to you on this open forum since taking ownership of one’s errors & faults are a critical part of the trader’s evolutionary process from unconscious lunacy trading when most of us begin to unconscious order execution par excellence by the time we arrive at our destination of completeness.

The basis for my seeking your pardon is having viewed some of your recent posts I, such as a few other users on the system deduced that you may possibly have some sort of association with symbiotic outcomes with this company.

I stopped short of commenting on it such as the other comments directed at you however I am equally guilty of that misgiving. It goes without saying that when I read those comments I echoed the same sentiment, albeit to myself.

Your last two comments relating to your updates provide explicit & undeniable evidence that my suspicion was both baseless and without an iota of bearing which I deeply regret.

I fully understand if my post evokes negative charge within yourself & if you wish to direct some of that to me I accept your feedback without reservation.
If you may find it in yourself I will be greatly appreciated if you could forgive my premature deduction which I arrived at without taking the time to accumulate the facts.

Kind Regards
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #7,483
  • Edited 9:57am Apr 11, 2022 7:47am | Edited 9:57am
@Desbinary, no problem at all. This thread looks sometimes like a (paid ??) hidden marketing tool of various prop firms. But I only have my own opinion (unpaid of course). I assume you need to be careful whom and what you believe here in this thread. I have some proofs that nearly every prop firm is reading this thread. There might be only a small step to paid opinions here then too. Just be careful. Listen only to traders whoose only income is trading and nothing else.

To pipmaster77 (are you still have another full-time job other then trading ?) and all the others who are trading over 1 year with prop firms. What do you think is the reason you are not already maxed out everywhere you have started on a prop ? As Masterrmind told us, he still wants to see the first ones who are already maxed out on one or two prop firms, who of you have done this already ? Pipmaster77 is claiming he makes a good living with 2 %to 4% per month, so why is he not already maxed out on FTMO and MFF ? What is the problem ? His comments are showing he is not maxed out, otherwise he would be eager for some new props to scale up until he is satisfied with the income. So who is maxed out there ? How long are you with a prop ? Myself I just started some days ago with the first prop, so it needs some time to be maxed out.
Are there any pitfalls or other problems, so it is too difficult to be maxed out (except the strategy of course), the commnunity needs to be aware of ?
  • #7,484
  • Edited 10:41am Apr 11, 2022 10:30am | Edited 10:41am
There are many promoting here Myforexfunds (MFF). But MFF is shit.
Let me explain you this a little bit. As you might know from reading previous posts like Fagin's or Boulder's ones, you see that there new EA policy is very strict. So if you use any EA do not use MFF. They are getting stricter and stricter and I do not understand that except they need to have more money from their fees. Otherwise it does not make sense. They cannot tell us they cannot copy trades from those EA's they do not do payout. I am not talking about any latency arbitrage EAs or things like that. I can tell you that MFF is shit in that clear words and negative commenting because it is my free opinion. Otherwise one could be punished in most countries with high amounts because of negative bad marketing tactics from competitors (other prop firms). That is usually not allowed except it is your free unpaid opinion! So I hope you know now I am not on any payroll of any prop firm.
They are many other prop firms with proven payouts like FTMO and The Funded Trader (Blake VVS on youtube is one of the owner here). FTMO does not have such bad slippage as MFF has recently shown. I am just reading and following the posts here complaining about slippage on majors at MFF. It does not make sense on that magnitude. It is a rip off to traders who wants to get their fair share on profits at the end of any payment cycle. That's it. They are looking how they can reduce the profits from their traders. That behavior is not ethical.
Stay away from MFF. If you are already with them do not invest fresh money with them as Fagin also explained being one of the real consistent traders at MFF.
That is why MFF is shit and I believe it is getting worse. Be careful. Their stupid max daily loss rule compared to FTMO is also a no-go if you are not already aware of. The negative list at MFF goes on....
  • #7,485
  • Apr 11, 2022 11:01am Apr 11, 2022 11:01am
If someone is satisfied with their ftmo/mff setup great, this thread won't give them much. For those who rather discover new options and discuss their experiences with other prop firms, this thread (can be) a goldmine.
There are many reasons to wanting to find new firms.
  • #7,486
  • Apr 11, 2022 11:07am Apr 11, 2022 11:07am
Quoting TrAndy1
There are many promoting here Myforexfunds (MFF). But MFF is shit. Let me explain you this a little bit. As you might know from reading previous posts like Fagin's or Boulder's ones, you see that there new EA policy is very strict. So if you use any EA do not use MFF. They are getting stricter and stricter and I do not understand that except they need to have more money from their fees. Otherwise it does not make sense. They cannot tell us they cannot copy trades from those EA's they do not do payout. I am not talking about any latency arbitrage...
Since you mentioned me, I would like to add comments. since I want to be fair to MFF.
I like MFF, maybe a little more than FTMO since its easier to achieve funded status, also more programs.
The EA issue was due to my accelerated account which they have mentioned no EA allowed, I used risk manage ea to open trades and closed trades, I totally understand they had issue with that, but they paid me once I shared my EA info.
There is no issue for me to use EAs in evaluation program.
The most important is they do pay.. This is my 6th payment from them that I got today. I am pretty happy with their service.
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  • #7,487
  • Edited 12:53pm Apr 11, 2022 11:19am | Edited 12:53pm
Quoting Boulder
{quote} Since you mentioned me, I would like to add comments. since I want to be fair to MFF. I like MFF, maybe a little more than FTMO since its easier to achieve funded status, also more programs. The EA issue was due to my accelerated account which they have mentioned no EA allowed, I used risk manage ea to open trades and closed trades, I totally understand they had issue with that, but they paid me once I shared my EA info. There is no issue for me to use EAs in evaluation program. The most important is they do pay.. This is my 6th payment...
Because you do not use any EA in the evaluation program. You have seen yourself how difficult it is to deal with their customer service. But these are your nerves and valuable trading time.
Also do not forget (did not find the former post right now) that Traders Central (one of the biggest fraudsters to their customers) have overtaken the most valuable asset of MFF, their name and reputation with the recent registration as "myforexfunds.io". Are Traders Central and Traders Global Group aka MFF doing a partnership (o already ?). How bad is that for MFF users ?

And Boulder I have a question. You got so many payouts from MFF. Was it really the first time you have used a simple EA on the accelerated account program ? If not why did they make this as topic now (or recently) ?
  • #7,488
  • Apr 11, 2022 12:50pm Apr 11, 2022 12:50pm
Quoting TrAndy1
{quote} Because you do not use any EA in the evaluation program. You have seen yourself how difficult it is to deal with their customer service. But these are your nerves and valuable trading time. Also do not forget (did not find the former post right now) that Traders Central (one of the biggest fraudsters to their customers) have overtaken the most valuable asset of MFF, their name and reputation with the recent registration as "myforexfunds.io". Are Traders Central and Traders Global Group aka MFF doing a partnership (o already ?). How bad is...
Hello again TrAndy1;

Thank you for taking the time to reply & accepting my apology.

Your kind acceptance thereof will form part of my gratitude list as I bring this day to a close. Part of my daily routine includes expressing gratitude for everything I can think of both morning & night, soon after I rise & just before I retire for the night. I have anchor items but there are different items which I incorporate day to day in order to create a more vibrant/robust mindset.

I appreciate the time & effort you have taken to document your recommendations concerning prop firms & your concerns related thereto. If I may offer you some advice, albeit unsolicited & you may disregard it if you deem it unsuitable or misaligned with your thoughts.

Caveat, I generally don’t offer unsolicited advice but I went against one of my cardinal rules only because I am of the view that you are an individual who has exceptionally well intentioned motives for your expressions (fairly aggressive at times perhaps) but given the numerous variables pertaining to written correspondence along with human cognitive dissonance coupled with our (human beings in general) inherent desire to seek confirmation bias of that which we believe. I suspect this may very well lead to you being at loggerheads with some of the community members for no actual reason seeing as it was never your intention to offend to begin with.

Factoring the above into account there is also the culture shock absorption which may occur since this platform creates a melting pot of traders from all walks of life, countries & other list of variable too many to mention. I could say something to someone with the best of intentions & it could be something which is a complete taboo in their societal status quo whilst in my immediate environment such a comment is commonplace or even appreciated for that matter.

If we as a community of traders contribute to these forums in a manner so as to ensure we take extensive care to be civil above all else to one another I believe much of the harsh exchanges will be organically eliminated. I wish to add that the basis for me generally not being keen to log on this & other threads even though they represent such immense value is that I don’t wish to become embroiled in heated exchanges.

The function of trading as we can all readily agree is difficult enough even when we have our faculties well under control & our CNS is functioning at optimal levels. I think you & most others will agree with me that if we give in to permitting our stability of mindset to become compromised our trading will reflect the deficiency in both a stark & abrupt manner.

We all know all too well the quote from Jesse Livermore: “The game taught me the game & it didn’t spare me the rod whilst teaching”

I can assure you that this is not an attempt from me to stand on the soap-box since I spent a great many years doing introspection with my core objective being how I can I begin with myself with ensuring that whatsoever I do or say, first & foremost doesn’t offend anyone.

I applaud your frequency of posts & the rapid rate at which you assimilate information since you created a profile not long ago but have clearly caught up with the back-bone information dating far back into this thread & became relevant with break-neck speed.

The long & short is you have posted more in the short number of months you have been on the FF platform than I have done in the past years since I created my profile way back in 2019. I played around with logging on to FF since late 2017 but I created my profile to reply to someone in 2019 such as I was driven to do this time with the exchange from Saturday 09.04.22.

In conclusion I wish to implore you TrAndy1, if you find it within yourself, by all means, express your views, strong, moderate or otherwise. All I respectfully suggest is doing so in a manner which doesn’t cause either you or anyone else a compromised state of peacefulness.

Don’t stress about under-currents of any suspicions you have of foul play from anyone including prop firm operatives since traders seem to be a rather special breed of the human race. It seems by virtue of our inclination to this environment no matter the diversity & differences we all have, I suspect everyone person who remains in trading for more than a certain number of years has some sort of what I can loosely term as a sixth sense.

Further to this the commonality we all share is a passion for an environment which would render most other individuals incapacitated to do anything. Taking that into account you can be sure that whomever is being affected or targeted by such elements will know it & take action as suited to assist themselves, exactly how we just know, so far as purely discretionary trading goes, when something is not right…

Thanking you in advance for your kind consideration & I wish you a pleasant evening ahead.
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #7,489
  • Edited 1:29pm Apr 11, 2022 1:06pm | Edited 1:29pm
Here you see even a newcomer or nobody, doing no marketing at all so far, as I might guess.
And still having huge problems with payments on Paypal, no purchases can be made at all.
But he has time to thank me that he is reading FF and later he called me 'mate'.
What a joke or ? I was really astonished he was referring to Forexfactory alias FF especially on this thread with my latest and actual postings here.
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I hope other prop firms are not that thankful to opinions on FF here in this thread and pay them.
They all might reading this thread, even newcomers with no bigger marketing budget.
Here is the proof attached from my first email I got from them after they told me they have a problem with Paypal
and any payments at all. Make your own conclusions, but always be a bit careful here what you read on other posters in this thread.
In doubt of interpreting any post you can ask yourself 'Cui bono' (latin sayings), or 'who is profiting from this post' ?.
  • #7,490
  • Apr 11, 2022 7:46pm Apr 11, 2022 7:46pm
Is anyone trading here fulltime for a living? Perhaps if this was out in the open we would then know who to take advice from.
I do not . I do know people who are, and are doing very well. It would be a real piss off to pass a challenge and then find you're time has been wasted. Hands up fulltime traders .
  • #7,491
  • Apr 12, 2022 12:02am Apr 12, 2022 12:02am
Quoting TrAndy1
{quote} Just some of his emails, with his unprofessional appearance and talking in his emails to me. What did he answer after I told him for the third time no payment via paypal or credit card can be made ? "I can't believe this. After all this . I am looking into it now. Have you tried with the credit card option Sam" "Just checked Your right. OK back to the drawing board. Will have to wait for paypal to fix their coding Will get back to when sorted Thanks Mate Sam" I am not his mate by the way. He cannot believe it that after he has "fixed" the...
Don't give up on @TTT. As trader we must not give up. The next best thing to do is that you should send @TTT cash via the address given. If they received your cash they cannot denied it because it is your cash money.
Let me know how it go.
  • #7,492
  • Apr 12, 2022 12:36am Apr 12, 2022 12:36am
Quoting Htmrw
Is anyone trading here fulltime for a living? Perhaps if this was out in the open we would then know who to take advice from. I do not . I do know people who are, and are doing very well. It would be a real piss off to pass a challenge and then find you're time has been wasted. Hands up fulltime traders .
I am a full-time trader, focusing on FX only for the last few years and actually doing several trades per day. But I also do swing trades which I hold up to several weeks.
  • #7,493
  • Apr 12, 2022 12:54am Apr 12, 2022 12:54am
Quoting Htmrw
Is anyone trading here fulltime for a living? Perhaps if this was out in the open we would then know who to take advice from. I do not . I do know people who are, and are doing very well. It would be a real piss off to pass a challenge and then find you're time has been wasted. Hands up fulltime traders .
Hello Htmrw;

Thank you for your correspondence.

If I may venture Sir, with utmost respect to your comment, that it is an overly binary deduction to draw the conclusion that someone who trades full time with no other occupation is qualified to offer advice to part-time or any other trader for that matter. In my view there are simply too many variables with layers of specificity which render such a process counter-intuitive.

I am cognizant concerning the line of thinking which informs your supposition however I will take great care to qualify my statement. This is since I will reply in a full & comprehensive manner to any reciprocal aspect/s you deem suitable to your enquiry upon receipt thereof, which legitimizes my posture on the matter & we may even reach middle ground. After all, engaging in good faith in a robust manner is what can create a harmonious ecosystem whereby we may all derive exponential value from one another.

For your peace of mind, I can confirm in no uncertain terms that I do nothing except trading full time. I do not use EAs, signals, indicators, oscillators or anything else for trading. I trade the charts naked with the exception of 4x horizontal lines i.e. previous day high & low along with estimated current day high & low ADR.

I am a purely discretionary trader & only trade the 28 primary FX pairs. I have been trading with no other employment since 2017 & regret to advise I spent almost until late 2019 burning capital since I have no formal trading qualification. Add to this my arrogant mindset when I entered trading led me to believe I could dominate the market with just the silly lessons available on broker websites when you sign up a trading account with them.

With the result I entered the market with the pipedream of depositing a few thousand & turning it quickly into a few hundred thousand. Like all others before & after me, the market was swift & decisive with relieving me of the many trading accounts which I funded time after time.

I spent until late 2019 up to early 2021 somewhere between conscious competence and keep tripping myself with making decent gains & then on maybe 2-3 days going on tilt & giving it all & sometimes even more back.

I am finally at the point where I scan the charts for maximum edge strength & if I don’t find an entry which meets preferably all my edge criteria I don’t trade for the day, sounds simple enough but when we get close to the budget intervals of the month it becomes easier said than done if there were more dud days than normal.
After all, the market pays us when it wants to, not when we desire it. There are days when I could throw mud at the market & get money back & other days that even if I extract my pre-molars as a sacrifice, I would not even be able to draw a 0.5R profit to save my soul.

That’s the reality of trading since anyone who has done this for some length of time full time understands clearly that it has little, almost nothing to do with the charts but more with one’s own deficiencies which find expression in either accurate or inaccurate trading.

The way I see it, trading is a mirror into the brain. If I have a clean sheet for the day it implies I managed to keep my faculties in check. If I have a dismal trading session I spend a little while extra with my end of day journaling in order to deploy a root cause analysis & preventative action mechanism in order to negate a recurrence. What else can one do, this is a function of gains & losses no matter how much we may think we will reach a point of an ever ascending equity curve.

I know traders like to place themselves in funnels especially with FX viz. scalping, intra-day, swing & position. Whilst I understand that, I don’t have that luxury since I trade whichever entry presents since trading full time requires I fracture my mind & take what’s on offer not that which I require/prefer. I have had to develop agility & the ability to keep shifting ideologies in my mind in order to advance this process seeing as we, as individuals have pre-dispositions to certain trading styles. The problem, the way I see it, is succumbing solely to that system/style denies the trader the ability to unlock the values which can be gleaned from the other methods.

It is my firm belief that in order to attain success (whatever that means to every individual) demands that we employ a hybrid method which encompasses all trading styles & even incorporate other unknown methods should such implements avail themselves. After all, in order to realize, conceptualize & then maintain a truly vertical risk mitigation strategy involves minimizing one’s exposure across the spectrum of deliverables available to one.

I trust you may find at the very least Sir, excerpts of my response aligning with your own trading historical data & understanding relating thereto however if anything I stated in my correspondence is not in order & results in discontent, I place on record in advance, my most sincere apology.

Sincerely,
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #7,494
  • Apr 12, 2022 3:40am Apr 12, 2022 3:40am
Some of you traders show a considerable lack of knowledge when it comes to understanding the workings of a Retail Prop Firm.

By all means use this thread but you should really be scouring their:

a) websites;

b) discord feed;

c) contacting support team;

d) DMg active support members on discord;

e) searching and assessing online reviews;and

f) forming a logical opinion about the Prop Firm.

Decide if the apparent risk involved is worth paying a challenge fee.

If so proceed and trade your way hopefully to glory.

If not simply pass on the challenge and either search for another Prop Firm at a later date or trade the money in your own trading account.

As regards to FTMO and MFF it's very clear they pay the traders and I can't understand why some traders here think otherwise.

Traders are welcome to an opinion especially regarding customer support issues because there are clearly issues that need addressing and need to be solved but I find it somewhat immature to simply say that the firm is crap when in fact it has many advantages and these far outweigh the bad (customer service and the use of EAs).

There is nothing wrong with a firm having issues with EA use, since most of us know full well they can be easily coded to take advantage of pricing in a host of arbitrage settings that greatly disadvantage the firm.

Traders should understand that the longevity of a reasonably good Prop Firm is in the very best interests of the funded trader.

Think before you post.

Good trading,
Masterrmind ..........
Master your Mind then Master your Trades
  • #7,495
  • Apr 12, 2022 5:04am Apr 12, 2022 5:04am
Quoting Masterrmind
Some of you traders show a considerable lack of knowledge when it comes to understanding the workings of a Retail Prop Firm. ........
I quite agree.
As an old guy that I am, I get the impression there seems to an influx of immature spoiled brats polluting this thread of late.
Petulant whinging about being called mate instead of SIR. Calling MFF "shit" because of their EA policy. There have been others with equally ignorant & arrogant posts. No firm or company is perfect & if we don't like or agree we should just vote with our feet. Not denigrate with insults.

Every time a new "prop" firm appears there are posts full of doubting Tom's. Many from the same people who my suspicious mind suspects are actually in the pay, or part of the big two prop firms. There is no doubt in my mind that many of these firms read & contribute under the cover of pseudo names.

OK. Got that off my chest. Meanwhile. Back in the jungle. I just purchased a funded program from Tentoptraders. How? when they are not available yet.
Simple. I have been trading on there original free program since their beginning & I just asked them nicely. They obliged by sending me the web site url to the payments page. Done & dusted. They now have PayPal. Stripe & Crypto. And no, you can't. You will have to wait until Thursday.

Put away the arrogance, ignorance & impatience. The world is your oyster.
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Look Left Trade Right
  • #7,496
  • Apr 12, 2022 6:10am Apr 12, 2022 6:10am
Quoting Basill
{quote} I quite agree. As an old guy that I am, I get the impression there seems to an influx of immature spoiled brats polluting this thread of late. Petulant whinging about being called mate instead of SIR. Calling MFF "shit" because of their EA policy. There have been others with equally ignorant & arrogant posts. No firm or company is perfect & if we don't like or agree we should just vote with our feet. Not denigrate with insults. Every time a new "prop" firm appears there are posts full of doubting Tom's. Many from the same people who my suspicious...
Great post.

I actually thought he was off to a good start by testing the waters with TTT but then he went a full 180 !

It really looked to me like he was simply not being patient enough.

Then the unnecessary MFF bashing.

How long does it take to lose $240 anyway ?

As I've said, MFF and FTMO for sure but nothing wrong with having a go at a 'riskier' TTT.

Who knows they might turn out to be far better than expected and if not it's a loss of what? $240 bucks....mmm.

Looking forward to your feedback in due course.

Masterrmind ..........
Master your Mind then Master your Trades
  • #7,497
  • Apr 12, 2022 6:26am Apr 12, 2022 6:26am
From The Funded Trader Discord
Quote
Eightcap is officially launched on the site! This new broker selection also comes with the upgrade of being able to use the MT5 trading platform if you prefer it from MT4!

If I read correctly, Eightcap will be an alternative and not a replacement to the actual one (Purple Trading).
  • #7,498
  • Apr 12, 2022 9:14am Apr 12, 2022 9:14am
Quoting Capablanca
From The Funded Trader Discord {quote} If I read correctly, Eightcap will be an alternative and not a replacement to the actual one (Purple Trading).
It will be good if they start offering 100:1 leverage on Gold and Indices. Otherwise they are not competing with the MFF and FTMO
  • #7,499
  • Edited 8:58pm Apr 12, 2022 8:34pm | Edited 8:58pm
Quoting pipmaster77
{quote} Are you guys really claiming you don't believe .003 slippage happens in the real market? I get it, if you simply want to bash MFF, but c'mon man.
I believe it happens but I cannot believe it happens all the time without any news or events and all pairs. I have tested on EUR/USD, GBP/USD, EUR/CHF, CHF/JPY all at different times and result are same even stop losses having slippages. I have executed more than 30 trades plus not a single instance there is positive slippage. At the same time if I execute 1 lot its fine with no slippage.
  • #7,500
  • Apr 12, 2022 9:04pm Apr 12, 2022 9:04pm
Does anyone here have a recent experience with Traders' Central that could give some feedback? Looking to go with them for the reason of their low fees-- which is the lowest I've seen so far.
I'm only considering them because I'm pretty low on the green at the moment.

Responses would be much appreciated : )
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