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  • #821
  • May 3, 2021 3:45pm May 3, 2021 3:45pm
Quoting OutThere
{quote} {quote} Those are the kind of things that I have been saying on at least one particular funder's thread and I've been getting chewed up for it many times. There is apparently a market for this and has some very staunch believers thinking that it's the right thing to do by the funders and there are benefits to it. Some people need to hear lies. Fleetwood Mac even sang a song about it: Tell me lies, tell me sweet little lies Tell me lies Tell me, tell me lies.

I have been checking the marketing strategies of some firms (i won't name them) and they are blanket marketing to any males over 18 in any area.. so targeting people who dont know any better..
  • #822
  • May 4, 2021 9:24pm May 4, 2021 9:24pm
Prop firm wish-list, anyone?

Here's some of mine:
-Good customer service
-Works with a choice of reputable brokers (acting as de facto broker gives prop firms too great a temptation to monkey around with execution, charge more)
-Great profit-share
-Pays punctually and consistently
-Leverage of at least 1:100
-Less restrictions (allows news trading, overnight, etc)
-Fair DD rules (e.g. no trailing dd)
-Longer evaluation duration
-Live account trading after passing evaluation
Amor Fati--F. Nietzsche
  • #823
  • May 5, 2021 2:56am May 5, 2021 2:56am
Not sure if anyone has seen this yet, but it looks like Funding Talent has removed their 10 day minimum trading period for their challenges. Probably going to lead to a surge of people taking, rushing (and failing) them.

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  • #824
  • May 5, 2021 3:34am May 5, 2021 3:34am
Quoting Dao-trades
Not sure if anyone has seen this yet, but it looks like Funding Talent has removed their 10 day minimum trading period for their challenges. Probably going to lead to a surge of people taking, rushing (and failing) them. {image}
Lol Damn that's a great selling point. Something FTMO should have done long ago.
You're right though. There might be a surge.

I wonder if they lost considerable demand after their whole "we're trying to be honest" ruse
  • #825
  • May 5, 2021 7:22am May 5, 2021 7:22am
Mmmm

FT does look quite attractive now. I like their bi-monthly payment and if no min. days, aggresive (and hopefully successful!) traders can get to funded stage very quickly. I believe they also accept EA's on application so you're right - going to be a lot of interest!
  • #826
  • May 5, 2021 7:34am May 5, 2021 7:34am
So the imaginary 10 day wall is removed. Are we just accepting that prop firms are supposedly going to just hand over 100k to us after 2 demo yolo trades in 3 days?.... This is getting ridiculous.
  • #827
  • May 5, 2021 7:51am May 5, 2021 7:51am
Quoting Takisd
So the imaginary 10 day wall is removed. Are we just accepting that prop firms are supposedly going to just hand over 100k to us after 2 demo yolo trades in 3 days?.... This is getting ridiculous.
That rule was always bogus. It's a useless rule as an excuse for consistency. if you can allow people trade 0.01 if the reached target on the first, till the min days elapse, then what's the use?

Lol It's good news Takisd, especially for folks who can finish the challenge in 2 days like yourself.

But I shed a tear for the many suckers who are going to be more inclined to gamble so they can get funded very quick.
  • #828
  • May 5, 2021 8:03am May 5, 2021 8:03am
Quoting Koop
{quote} That rule was always bogus. It's a useless rule as an excuse for consistency. if you can allow people trade 0.01 if the reached target on the first, till the min days elapse, then what's the use? Lol It's good news Takisd, especially for folks who can finish the challenge in 2 days like yourself. But I shed a tear for the many suckers who are going to be more inclined to gamble so they can get funded very quick.

I mean... I dont trust it. I know it was kinda silly, be it forced at least some discipline not to F it up. I wouldn't encourage people to trade the way I do to pass challenges, and I wouldn't hope that a prop firm encourages them to do so as well. That being said, I don't care for FT for a magnitude of reasons so, c'est la vie.
  • #829
  • May 5, 2021 8:27am May 5, 2021 8:27am
Quoting Takisd
So the imaginary 10 day wall is removed. Are we just accepting that prop firms are supposedly going to just hand over 100k to us after 2 demo yolo trades in 3 days?.... This is getting ridiculous.
Exactly, if anything, these firms should be extending the time to hit the targets. It solidifies the nay-sayers points of these firms just being after fees. So let me go all-in on one trade, pass in a day and here is 100K. Highly unlikely they are copying you to a live account. Personally, I don't care, as long as I am paid. However, I am going to choose firm(s) where it appears to be at least half realistic. Have to agree though, these new firms are getting ridiculous in their competition for customers
  • #830
  • May 5, 2021 9:05am May 5, 2021 9:05am
Quoting pipmaster77
{quote} Exactly, if anything, these firms should be extending the time to hit the targets. It solidifies the nay-sayers points of these firms just being after fees. So let me go all-in on one trade, pass in a day and here is 100K. Highly unlikely they are copying you to a live account. Personally, I don't care, as long as I am paid. However, I am going to choose firm(s) where it appears to be at least half realistic. Have to agree though, these new firms are getting ridiculous in their competition for customers
there might be room for both methods.

A real prop set up which regulates risk and a casino. Actually, if you do both, you will likely be the better firm in the end because everyone knows casinos can run dry.
  • #831
  • May 5, 2021 10:21am May 5, 2021 10:21am
Anyone got $3000 lying around? You can now buy a 50k direct funding account from Traders Prop for that amount. 100:1 leverage

4% drawdown limit - if you violate it, say goodbye to your 3000 dollars!
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  • #832
  • May 5, 2021 10:26am May 5, 2021 10:26am
Quoting Mtinifx
Anyone got $3000 lying around? You can now buy a 50k direct funding account from Traders Prop for that amount. 100:1 leverage 4% drawdown limit - if you violate it, say goodbye to your 3000 dollars! {image}
lol, let me pay $3,000 for $2,000 in DD.....where do I sign?
  • #833
  • May 5, 2021 10:49am May 5, 2021 10:49am
Quoting Dao-trades
Not sure if anyone has seen this yet, but it looks like Funding Talent has removed their 10 day minimum trading period for their challenges. Probably going to lead to a surge of people taking, rushing (and failing) them. {image}
A company with more stains than a used tampon trying to stay relevant.

The 5ers announced their no min trading days/trades a few days ago. I guess they aren't looking for professional traders. I told them to take my funded account away from me because I'm a professional trader and this is outrageous.

I was going to sign up for another 5ers challenge but now I won't because they removed the min trading days/trades requirement and that will "force" me to fail because my mentor Paula told me that I can't make adult decisions based on new parameters and that the 5ers are just trying to victimize poor helpless naive me.

Thanks to Paula for saving me from being brutalized by all this freedom.
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Pride always comes before destruction.... -Proverbs 16:18
  • #834
  • May 5, 2021 11:22am May 5, 2021 11:22am
Quoting Mtinifx
Anyone got $3000 lying around? You can now buy a 50k direct funding account from Traders Prop for that amount. 100:1 leverage 4% drawdown limit - if you violate it, say goodbye to your 3000 dollars! {image}
If I give them my 3k can i buy the dead boat in the google earth address back yard?
  • #835
  • May 5, 2021 11:23am May 5, 2021 11:23am
Quoting Expo33
{quote} A company with more stains than a used tampon trying to stay relevant. The 5ers announced their no min trading days/trades a few days ago. I guess they aren't looking for professional traders. I told them to take my funded account away from me because I'm a professional trader and this is outrageous. I was going to sign up for another 5ers challenge but now I won't because they removed the min trading days/trades requirement and that will "force" me to fail because my mentor Paula told me that I can't make adult decisions based...
xD
  • #836
  • Edited 12:15pm May 5, 2021 11:32am | Edited 12:15pm
I want to thank Takisd and NikoskO for taking the leap of faith with MFF, Theproptrading and FXseed.
You both have given me the courage to risk throwing my money away. Thus, considering the new removal of the 10 min days, I shall purchase the Funding Talent 50k challenge in 2 weeks.

I've made my stance about them clearly known in the past, but....

- Gamblers Anonymous

Edit - Support just confirmed there's no 50k challenge, only 100k and 25k.
Sure as hell not getting the 100k.
  • #837
  • May 5, 2021 12:14pm May 5, 2021 12:14pm
Quoting Koop
I want to thank Takisd and NikoskO for taking the leap of faith with MFF, Theproptrading and FXseed. You both have given me the courage to risk throwing my money away. Thus, considering the new removal of the 10 min days, I shall purchase the Funding Talent 50k challenge in 2 weeks. I've made my stance about them clearly known in the past, but.... - Gamblers Anonymous
only if you can spare the money mate, if you wont miss them. if u will miss then ftmo is the only way imo.

and the time you will spend will not be returned.

good luck

ps/ in the mean time, i;ve been buying uc 4 days in a row and always getting out break even, small loss or small profit. i bought the bottom again... based on monthly trying to find a 5m-30m entry hope thiis one succeds at last. tp 1 is were big lots get out and small lots are left running

1.248 tp2 1.286 tp3. am just trying to do a decent swing on my live
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offering my system to copy trade. check my link
  • #838
  • May 5, 2021 12:29pm May 5, 2021 12:29pm
Quoting Expo33
{quote} A company with more stains than a used tampon trying to stay relevant. The 5ers announced their no min trading days/trades a few days ago. I guess they aren't looking for professional traders. I told them to take my funded account away from me because I'm a professional trader and this is outrageous. I was going to sign up for another 5ers challenge but now I won't because they removed the min trading days/trades requirement and that will "force" me to fail because my mentor Paula told me that I can't make adult decisions based...
I agree with these removing of minimum trading days is temptation to send more traders on sloughtering desk
  • #839
  • May 5, 2021 12:41pm May 5, 2021 12:41pm
Quoting Koop
I want to thank Takisd and NikoskO for taking the leap of faith with MFF, Theproptrading and FXseed. You both have given me the courage to risk throwing my money away. Thus, considering the new removal of the 10 min days, I shall purchase the Funding Talent 50k challenge in 2 weeks. I've made my stance about them clearly known in the past, but.... - Gamblers Anonymous Edit - Support just confirmed there's no 50k challenge, only 100k and 25k. Sure as hell not getting the 100k.
come to the MFF dark side.
  • #840
  • May 5, 2021 12:42pm May 5, 2021 12:42pm
also if anyone is part of the FIRE (financial independence retire early) community, you will understand that sucking cash out of these casinos is a good way to bolster your numbers if you know what you are doing. Can remove years from your wait for retirement Just ask Lambo raul.
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