Doesn't matter if FTT guy is joking or not, a CEO should never joke about denied payouts. That's sacred ground. This guy seems a complete idiot.
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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
DislikedDoesn't matter if FTT guy is joking or not, a CEO should never joke about denied payouts. That's sacred ground. This guy seems a complete idiot. {image}Ignored
DislikedSome updates..... ROAD TO PAYOUT 1. MFFU (FUNDED)- 50kx3 - 1200$ total (DAY 4, in 1 more to go for 3600$) 3. Topstep (FUNDED) - 50kx5 - 3250$ total (DAY 3) {image} {image}
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DislikedGot my first 30K allocation (Nov) locked in today. Also earned it with a gain enough to need only 2% Dec gain for another 30K but I'm gonna let my EA rip all month and be careful during the third month. Today, I paused trading once I crossed the 75.00 mark to lock in my first 30K award since allocations aren’t awarded until the first day of next month. Still letting the robot run so gonna be interesting to see where it lands EOM. Darwinex seems to like my robot and is generally rating it as 'safe' despite using a limited-martingale recovery strategy....Ignored
Disliked{quote} Why would you think anyone would object to a martingale recovery strategy if it works? There is nothing illegal about it. It's based on mathematics after all. Only those who don't know how martingale works are in objection of it. They say it all the time; 'I used it and lost everything'. Yes, they shouldn't have used it and please never again. You know how to use it, kudos. I guess Darwinex understands and takes it as just another strategy like they should.Ignored
Disliked{quote} Most prop-likes run away on use martingale to fail accounts rather that judge the raw performance. I cut losers short even though I use martingale sizing at times. Glad Darwinex evaluates algo performance instead of violating the method.Ignored
DislikedDon't attack me - posted by Trader Tom on his Telegram channels and he gives permission to share. WHAT WOULD YOU DO WITH THIS INFORMATION? I have had a conversation with an individual who works for a “funded challenge" company. I promised 100% anonymity, and I will respect that. This is what the individual told. I ask you to ponder on this and contemplate what to do with this information: 1/ The funded company claims their clients are trading real money. That is not the case. 2/ The company takes in about $25,000,000 a year in fees paid from challengers....Ignored
DislikedDon't attack me - posted by Trader Tom on his Telegram channels and he gives permission to share. WHAT WOULD YOU DO WITH THIS INFORMATION? I have had a conversation with an individual who works for a “funded challenge" company. I promised 100% anonymity, and I will respect that. This is what the individual told. I ask you to ponder on this and contemplate what to do with this information: 1/ The funded company claims their clients are trading real money. That is not the case. 2/ The company takes in about $25,000,000 a year in fees paid from challengers....Ignored
Disliked{quote} This is fantastic info, actually. What we all know is going on, some points for sure, some points we always suspected anyway. The influencers being on payroll is amazing. Is this an fx prop or futures?Ignored
DislikedDon't attack me - posted by Trader Tom on his Telegram channels and he gives permission to share. WHAT WOULD YOU DO WITH THIS INFORMATION? I have had a conversation with an individual who works for a “funded challenge" company. I promised 100% anonymity, and I will respect that. This is what the individual told. I ask you to ponder on this and contemplate what to do with this information: 1/ The funded company claims their clients are trading real money. That is not the case. 2/ The company takes in about $25,000,000 a year in fees paid from challengers....Ignored
DislikedDon't attack me - posted by Trader Tom on his Telegram channels and he gives permission to share. WHAT WOULD YOU DO WITH THIS INFORMATION? I have had a conversation with an individual who works for a “funded challenge" company. I promised 100% anonymity, and I will respect that. This is what the individual told. I ask you to ponder on this and contemplate what to do with this information: 1/ The funded company claims their clients are trading real money. That is not the case. 2/ The company takes in about $25,000,000 a year in fees paid from challengers....Ignored
DislikedDon't attack me - posted by Trader Tom on his Telegram channels and he gives permission to share. WHAT WOULD YOU DO WITH THIS INFORMATION? I have had a conversation with an individual who works for a “funded challenge" company. I promised 100% anonymity, and I will respect that. This is what the individual told. I ask you to ponder on this and contemplate what to do with this information: 1/ The funded company claims their clients are trading real money. That is not the case. 2/ The company takes in about $25,000,000 a year in fees paid from challengers....Ignored
DislikedHmmm..I do remember getting pumlled talking negatively about props.. Times have changed I guess. Meantime, hayseed said a few days back that he never met a prop he didn't like. So, maybe props are like martingale that if you know, you know.Ignored
Disliked{quote} Takisd may validate this but I have many doubts about point 5 (1-2% who receives a funded account) and 6 ($1.5-2m a year payouts, out of 25m revenenue). Seems too good (for the company) to be true.Ignored
Disliked{quote} This is 100% correct. Could only be one or those Prop Firms who have their own Metatrader platform. Sounds suspiciously like 5%ers but could be Fundednext or FTMO.Ignored