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Rayder4Life replied Apr 14, 2021but it makes you think like Paula said, FTMO is a not a broker, its not legally allowed to offer traders liquidity, as it cannot brokerage trades and you cant use FTMO to buy or sell on the market, so the whole liquidity and data feed issue is ...
FTMO - For serious traders
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Rayder4Life replied Apr 14, 2021yes thats true, CFD brokers also offer make believe live accounts, since CFD isnt a market, the market is made by the brokers so your capital in your account isnt really capital thats exchanged on a market with other participants, ure betting ...
FTMO - For serious traders
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Rayder4Life replied Apr 14, 2021but there is no margin youre trading with, its all make believe
FTMO - For serious traders
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Rayder4Life replied Apr 13, 2021so the owner of FUNDING TALENT is lieing about the situation after being caught red handed ? and admiting the lie that is supposedely truth ?
FTMO - For serious traders
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Rayder4Life replied Apr 13, 2021it is pretty clear FTMO works exactly like FUNDING TALENT, they run it just like a casino, 93% of traders that fail pay for the 7% that pass, but its even less than 7% as not all make it to payout, and also when a funded trader loses money, well, ...
FTMO - For serious traders
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Rayder4Life replied Apr 12, 2021well it could be like FTMO is trying to see if traders can make 10% under the time pressure and to see if they can control themselves and not over risk and gamble to get to that requirement, maybe they are just trying to get very good traders to ...
FTMO - For serious traders
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Rayder4Life replied Apr 12, 2021dude why dont you go work for jp morgan if you dont think you can do 5% in a month, ull manage 300 million and ull make 20% in a year, this guy man its ridiculous
FTMO - For serious traders
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Rayder4Life replied Apr 11, 2021i watched more of his videos, even tough he is a instagram trader who shows off his lambo and i hate that shit, he is a legit guy as it seems and really shows everything. props to him, i want to see the interview from ftmo about him
FTMO - For serious traders
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Rayder4Life replied Apr 11, 2021i only did the math for 1000 people, and its not a specific math, but with 10k people havin all kinds of fees and 93% failure, u can imagine they have the money for that
FTMO - For serious traders
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Rayder4Life replied Apr 11, 2021dont put your trust that a Deloitte audited FTMO thorouglly and also based on what ? they said theyre the fastest growing company year on year, maybe as a casino yes! there were many scammers that were audided by very reputable firms and even by the ...
FTMO - For serious traders
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Rayder4Life replied Apr 11, 2021like i tried to show in a previous post, you just have to do some math to see if FTMO can actually pay people from the market or even fees, so lets get to it you have 1000 people, all go for 100k accounts, thats $650 per person = $650,000 from these ...
FTMO - For serious traders
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Rayder4Life replied Apr 11, 2021if FTMO robs peter to pay paul, well thats literally the definition of a ponzi scheme, if they pay traders from the fees they collect from failed challenges, thats a ponzi scheme, because it runs as long as they have new people coming it, when ...
FTMO - For serious traders
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Rayder4Life replied Apr 11, 2021I have a feeling that FTMO literally does the same thing, theres no demo account connected to a real account, its just make believe, if you make money on the funded account you get payed, if you dont they dont lose anything as its a demo acccount, ...
FTMO - For serious traders
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Rayder4Life replied Apr 10, 2021no, i violated the max daily loss so i have to get another challenge all together. your trial looks okay but you need to make $5000 so keep going until you reach that, its no point in starting a challenge if u cant reach that level yet.
FTMO - For serious traders
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Rayder4Life replied Apr 9, 2021i took one but used a stupid EA out of idiocy and broke the daily loss limit lol, im gonna take another one soon but until them been trading on trial and ive passed 2 trials so far, so im confident ill take the next challenge.
FTMO - For serious traders
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Rayder4Life replied Apr 9, 2021it is true FTMO without fees would go bankrupt very fast because of low succesfull rate of just around 5% and even lower on the long term, the fees cover their losses from traders, but thats good because the retail trader has a chance if hes good to ...
FTMO - For serious traders
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Rayder4Life replied Apr 8, 2021are you sure that happened or you had a bad dream ?
FTMO - For serious traders
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Rayder4Life replied Apr 3, 2021i checked also on the mt4 FTMO platform and it seems its the same to me, it breached the daily high, now i dont know whats up with that..
FTMO - For serious traders
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Rayder4Life replied Apr 3, 2021damn man hope u turn it around, its a shame to fail it.
FTMO - For serious traders
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Rayder4Life replied Apr 2, 2021european indices are closed for trading today, also sp500 and dj30 have closed early today at 4 pm gmt+2. if u experienced that early in the week i had no issues with the indices, i trade them also they behave very well.
FTMO - For serious traders