Prop Firm Hub | Page 644 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #12,861
  • Dec 9, 2022 3:17am Dec 9, 2022 3:17am
Quoting nadogoyard
I know this sounds absolutely insane but this is genuinely what I'm experiencing and I've provided proof of it all.
-None of this sounds good. This is why I push so hard for transparency, where unfiltered, two-way dialogue can occur in a public forum.

I received push-back for pressing this issue on FTMO's thread, but without any way for traders to hear both sides, where all parties can be held accountable and objectively investigated for their claims, then anything can happen, and incidents like this one (assuming that it is true), can get pushed under the rug.

Without proof for claims to stand on their own merit, we can only speculate, which is not very beneficial.
  • #12,862
  • Dec 9, 2022 7:41am Dec 9, 2022 7:41am
Passed phase 1 of yet another challenge today.

This is third challenge.

Other two are funded accounts.

Attached Image (click to enlarge)
Click to Enlarge Name: book1.png Size: 21 KB
Intraday only.
  • #12,863
  • Dec 9, 2022 8:25am Dec 9, 2022 8:25am
Quoting navk
Passed phase 1 of yet another challenge today. This is third challenge. Other two are funded accounts. {image}
Good Luck...
  • #12,864
  • Dec 9, 2022 8:35am Dec 9, 2022 8:35am
Quoting Nsak3y
{quote}-None of this sounds good. This is why I push so hard for transparency, where unfiltered, two-way dialogue can occur in a public forum. I received push-back for pressing this issue on FTMO's thread, but without any way for traders to hear both sides, where all parties can be held accountable and objectively investigated for their claims, then anything can happen, and incidents like this one (assuming that it is true), can get pushed under the rug. Without proof for claims to stand on their own merit, we can only speculate, which is not very...
I am really hard time understanding why would any firm wants such issue with just 2-3K, why not just paid and close the issue. How many signups they could have lost because of this issue....
  • #12,865
  • Dec 9, 2022 8:58am Dec 9, 2022 8:58am
Quoting sampat
I am really hard time understanding why would any firm wants such issue with just 2-3K.
-This is the problem with having only one side of the story... all we can do is speculate.
  • #12,866
  • Dec 9, 2022 9:00am Dec 9, 2022 9:00am
Quoting sampat
{quote} I am really hard time understanding why would any firm wants such issue with just 2-3K, why not just paid and close the issue. How many signups they could have lost because of this issue....
i agree
Intraday only.
  • #12,867
  • Dec 9, 2022 9:08am Dec 9, 2022 9:08am
Quoting Nsak3y
{quote}-This is the problem with having only one side of the story... all we can do is speculate.
Even if it is one side of story, They should come out and clear it. Who gets hurt more not trader but firm. If it was 6 digit payout it would be alarming but this is fixable.
  • #12,868
  • Dec 9, 2022 9:11am Dec 9, 2022 9:11am
Quoting sampat
Even if it is one side of story, They should come out and clear it.
-You are speaking to the choir here.
  • #12,869
  • Dec 9, 2022 10:50am Dec 9, 2022 10:50am
Quoting Nsak3y
{quote}-This is the problem with having only one side of the story... all we can do is speculate.
In tweeter we have both parts. They assumed that things were corrected (fact) and that it was the LP who corrected it.
And the emails are also there so we have an opinion about that.
  • #12,870
  • Dec 9, 2022 10:59am Dec 9, 2022 10:59am
Quoting Capablanca
In tweeter we have both parts.
-I was speaking more in general terms. But, it was my understanding that there has not yet been adequate (reasonable) explanation by the firm explaining the violation, or is this incorrect?

I guess I do not fully understand the issue. It seems that the claim is that the LP erroneously applied a positive 5K swap to the account, then upon correction, this resulted in the violation, or is there something more?

If the error never occurred in the first place, would the account still be in good standing? If the answer is yes, then they absolutely need to correct this. If the account would have violated anyway, then it becomes more difficult to dispute.
  • #12,871
  • Dec 9, 2022 12:04pm Dec 9, 2022 12:04pm
Quoting Nsak3y
{quote}-I was speaking more in general terms. But, it was my understanding that there has not yet been adequate (reasonable) explanation by the firm explaining the violation, or is this incorrect? I guess I do not fully understand the issue. It seems that the claim is that the LP erroneously applied a positive 5K swap to the account, then upon correction, this resulted in the violation, or is there something more? If the error never occurred in the first place, would the account still be in good standing? If the answer is yes, then they absolutely...
In tweeter we see the print screens before and after adjustment.
They said that the swap value was wrong and that LP corrected it. And after correcting it it caused an account violation, after the fact. It's not acceptable that they correct something today and that is going to cause a violation of some days ago.

Besides, the trader was careful enough to check with them BEFORE if the strategy he planned was good. They said yes (email is her and in tweeter as well) so they had a chance of checking is anything was wrong. If they haven't it's because they didn't want or didn't care.

When a company has a mistake (doesn't mind if it's their fault or LP fault) they should eat the loss and move on. The trader is not guilty of their mistake.
  • #12,872
  • Dec 9, 2022 12:11pm Dec 9, 2022 12:11pm
Quoting Capablanca
{quote} In tweeter we see the print screens before and after adjustment. They said that the swap value was wrong and that LP corrected it. And after correcting it it caused an account violation, after the fact. It's not acceptable that they correct something today and that is going to cause a violation of some days ago. Besides, the trader was careful enough to check with them BEFORE if the strategy he planned was good. They said yes (email is her and in tweeter as well) so they had a chance of checking is anything was wrong. If they haven't it's...
Totally agree. Its like penny wise pound foolish. Even if it is LP issue, there is no evidence that they actually copy trades
  • #12,873
  • Dec 9, 2022 12:32pm Dec 9, 2022 12:32pm
Quoting Capablanca
When a company has a mistake (doesn't mind if it's their fault or LP fault) they should eat the loss and move on. The trader is not guilty of their mistake.
-Maybe you misunderstand me, I'm not sure. Obviously, if the error is company-side (LP or firm etc., does not matter), then they should correct it. It seems that they did correct the error.

I am just asking whether or not the error/correction caused the account to violate. If it did, then they should obviously make things right. If it did not, then it may be harder for the trader to dispute.

Not saying that the trader does not have a right to make a claim in such a case, since even a non-damaging correction can mess with your performance. I am just saying that it becomes much more difficult and more a matter of discretion than cut-and-dry resolution at that point.

Probably, though, I should not speak too much about this topic, since I only skimmed the twitter feed.
  • #12,874
  • Dec 9, 2022 2:09pm Dec 9, 2022 2:09pm
From Jessica darling

View this email in your browser
https://mcusercontent.com/048a658b23...20ea3b7b90.png
Dear Traders,

We thank you for your patience as we get closer to launching Tradezie Club, our free funding program, in 2023.

Over the course of December, we will continue to announce program requirements and other housekeeping specifics in our Discord in the announcements section, every week. You can expect email updates about the program every Friday. We will also be opening up dedicated channels in Discord for Club members, which will open up exclusively for members upon launch.

In the meantime, you can take advantage of our free educational program, Tradezie Pro. Pro members will receive two full courses, a 100+ page handbook, trade alerts and more. If you would like to be added to the Pro program, please let us know.

Be sure to check out our Discord at https://discord.gg/3uSvzHgA to stay updated on all of the above.

We will also be attaching our first official press release to this email, which includes a message from our CEO. We look forward to having you join us on the Tradezie Club journey.

Warm regards,
Tradezie Team
  • #12,875
  • Dec 9, 2022 3:54pm Dec 9, 2022 3:54pm
Quoting sampat
From Jessica darling View this email in your browser https://mcusercontent.com/048a658b23...20ea3b7b90.png Dear Traders, We thank you for your patience as we get closer to launching Tradezie Club, our free funding program, in 2023. Over the course of December, we will continue to announce program requirements and other housekeeping specifics in our Discord in the announcements section, every week....
Are you the same Jessica from Funding Talent ?
  • #12,876
  • Dec 9, 2022 4:11pm Dec 9, 2022 4:11pm
Quoting wansiman
{quote} Are you the same Jessica from Funding Talent ?

xD
  • #12,877
  • Dec 9, 2022 4:16pm Dec 9, 2022 4:16pm
Quoting wansiman
{quote} Are you the same Jessica from Funding Talent ?
Yep. Checkout discord group she is there....Fraud 2.0
  • #12,878
  • Dec 10, 2022 12:36am Dec 10, 2022 12:36am
Another funding talent
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 326 KB
  • #12,879
  • Dec 10, 2022 12:51am Dec 10, 2022 12:51am
Quoting sampat
Another funding talent {image}
isn t this the prop that had some issues displayed here not 2 long ago?
also, how can ASIC be involved if they aren t a broker? their TC should cover their axes?
  • #12,880
  • Dec 10, 2022 12:54am Dec 10, 2022 12:54am
Quoting 1odi
{quote} isn t this the prop that had some issues displayed here not 2 long ago? also, how can ASIC be involved if they aren t a broker? their TC should cover their axes?
It is just an excuse. ASIC wont put gun on head and tell you to stop immediately. Usually there is a notice period.
103 traders viewing now