Prop Firm Hub | Page 40 | Crypto Craft

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

  • #781
  • Apr 30, 2021 2:53pm Apr 30, 2021 2:53pm
Quoting PaulMF
{quote} I love the idea to really being funded. Of course, I love it. That's why I brought two prop firms to the discussion. Not to coplicate the life of anyone as some used to discredit me in an effort to protect their beloved pseudo prop firms. I have never used the term "save". Here, we all share our thoughts. I have read many thoughts against many prop firms here and I have never said that they are trying to save me. Better if we don't play this type of games. When you don't like someone else's opinions and aren't able to handle your eagerness...
PaulMF,

I value every single point and observation you make. Your remarks are very insightful and I applaud your depth of perception. Never give up, don't be discouraged by the goon squad and keep posting your great comments.
  • #782
  • Apr 30, 2021 4:00pm Apr 30, 2021 4:00pm
Quoting Trader-IT
All right. Even if no one found me, I want to reveal the truth to you. PaulMF is my creature. I created it as an experiment. He is not a young or old. He's not even a man or a woman (or a weird mix of the two). He is an A.I. that I have planned and inserted in this Forum. The experiment consisted of verifying how a stupid set of bits could learn from their mistakes. My intention was that she understand his mistakes and learn from them to improve herself. He had to grow thanks to Your precious contribution in educating him. Instead the first thing...

No....I'm Spartacus!
  • #783
  • Apr 30, 2021 4:21pm Apr 30, 2021 4:21pm
Quoting Trader-IT
All right. Even if no one found me, I want to reveal the truth to you. PaulMF is my creature. I created it as an experiment. He is not a young or old. He's not even a man or a woman (or a weird mix of the two). He is an A.I. that I have planned and inserted in this Forum. The experiment consisted of verifying how a stupid set of bits could learn from their mistakes. My intention was that she understand his mistakes and learn from them to improve herself. He had to grow thanks to Your precious contribution in educating him. Instead the first thing...
I googled dry and unfunny sense of humor and this came up:
Inserted Video


But no worries, that kind of humor still has fans although I suggest you keep your day job.
  • #784
  • Apr 30, 2021 6:30pm Apr 30, 2021 6:30pm
Quoting OutThere
{quote} I googled dry and unfunny sense of humor and this came up: https://www.youtube.com/watch?v=hyJbQU2CgjM But no worries, that kind of humor still has fans although I suggest you keep your day job.
What you need to look for is the term webete,
instead of little movies that only you can understand, since English is not my language.
You will certainly find webete in the results in Italian language.
It is a very clear and widespread term. It is commonly used on television and in print media.
It has a clear definition.
If you don't get there, I can help you too, as I already did with your buddy.

But are you brothers, friends or the same person?
Because two like you, who appeared more or less in the same days on the same threads to attack and execute uselessly,
I have never seen them in 9 years that I read FF every day.
And yes, there have been weirdos on FF.
The older ones and I remember them very well. Most were expelled in record time.
He came back ... he was discovered and thrown back.

Who knows. Given your enrollment date, you may also be a "resurrected."
Certainly as you wrote yourself yesterday, it is a credit to you to break the boxes and go out of your way to be ignored or even expelled.

[quote = OutThere; 13517491] {quote} ... I sometimes purposely get myself banned. [/ quote]

Well ... sorry, but if this isn't classic mental disorder behavior, I don't know what it might be.

For this:
[quote = OutThere; 13517280] {quote} FOFF [/ quote]

always yesterday, you were also taken up by the OP.

Congratulations. Keep on bragging about your innate ability to antagonize people, you and your snacks buddy.
And there are already many, many, who in addition to your friend, have also ignored you.

But please ... I beg both of you, continue to behave like this only in the Virtual World of the Internet.
Otherwise, someday, someone on the street might remind you of how he lives in the Real World.

Ps (inevitable):
After a few days of signing up FF, you started your first thread. In less than 4 years, you have opened 22 (4 per year).
One more famous than the other:
0 answers = 1 thread
1 answer = 3 threads
6 answers = 1 thread
7 answers = 2 threads .... that's enough. I stop here because I feel sincere pain for people like you.

See, it's easy to be shit. I can too and I am a saint.
Leave me alone and keep dreaming of living in the Bahamas.

And yes ..... I am convinced that you too are a webete.
Wait .... it's best to write it with a capital letter.
Webete.
I've seen things you people wouldn't believe
  • #785
  • Apr 30, 2021 6:52pm Apr 30, 2021 6:52pm
Quoting Trader-IT
{quote} What you need to look for is the term webete, instead of little movies that only you can understand, since English is not my language. You will certainly find webete in the results in Italian language. It is a very clear and widespread term. It is commonly used on television and in print media. It has a clear definition. If you don't get there, I can help you too, as I already did with your buddy. But are you brothers, friends or the same person? Because two like you, who appeared more or less in the same days on the same threads to attack...
A lot of meandering there but one thing I could decipher is that I think you are suspecting paulMF and I are the same person?

Alas, no. I'm not paulMF. I wish I was. He is way more intellectual, educated and certainly a better communicator and last but least, his patience to deal with the riffraff supersedes any level that I can bring myself to tolerate. However, I take your comparison as a complement and it kinda made my day that someone thinks that I send out paulMF kind of of vibes in this FF community. It's certainly an upgrade for me on all fronts. Thank you and I sincerely mean that.
  • #786
  • Apr 30, 2021 10:18pm Apr 30, 2021 10:18pm
Quoting pipmaster77
{quote} But if they do that, they would actually have something at risk. The way the model is now, as you know, fee you pay is greater than amount you can lose. There is no benefit to the trader vs. putting the fee in a personal account. As their model stands now, they are simply allowing you to fund your own account without any risk to them whatsoever. Then they take 50% for allowing you such privilege. Shocks me, that Paul, of all people would think this is a good model.
I'm as shocked as you are on this. I think paulMF is missing something here. Maybe the difference between trading a 1:100 and a 1:6 account?
  • #787
  • May 1, 2021 3:07am May 1, 2021 3:07am
Discussions about Prop Firm experience especially those who are or have traded with them recently are most welcome.

Traders who have not used a Prop Firm should be careful to ensure that their posts are directly related to Prop Firms and not about any personal agenda.

Be respectful to one another and don't linger on meaningless garble unrelated to the topic of this thread or otherwise you will force me to place offenders on the sidelines for lengthy periods of time.

Certainly this is not what I want to do but I don't want this thread polluted with garbage either.

Thanks traders,

Masterrmind ........
Master your Mind then Master your Trades
  • #788
  • May 1, 2021 3:09am May 1, 2021 3:09am
Quoting OutThere
{quote} I'm as shocked as you are on this. I think paulMF is missing something here. Maybe the difference between trading a 1:100 and a 1:6 account?
Paula certainly does have some good points concerning regulation and other administration matters, but regarding actual practical real life trading, he has very little idea what he's talking about.
Nothing wrong with that, we all learn gradually. But, vigorously arguing with others about something you're not adequately informed on, from a place of authority founded on ignorance, is just really a terrible look.

For Paul, a 4% max loss is better than a 10% max loss just because there is 5% daily loss limit.
I mean you could actually exhaust the 5ers 4% risk in one day on MYFF/Enfoid/FTMO and still be very safe to continue trading the next day.

For Paul, when an underfunded trader seeks larger funding, leverage does not matter apparently. The whole point of seeking funding is to have access to not just more "fake" money in a trading account balance, but actual larger margin which involves a large balance + considerable leverage to take bigger trades and make bigger profits.

For Paul, the longer time it takes you to get funding the better for your career as a "professional" trader and the less you're able to make monthly or per year the better and more authentic you are as a trader because your earnings are CAPPED below industry standards. Talk about a limited and shortsighted mindset.

For Paul, everything about a profitable trading system can be fully 100% automated with absolutely no need for human interference. I'm yet to hear of any successful Automated trader who doesn't occasionally or frequently personally get involved in tweaking trades, closing positions or manually reducing risk based on experience or intuition. I wonder why Big firms and banks don't just have Algos trade and fire all human personnel to avoid any interference.

Best not to have practical trading related discussions with Paul, unless you have a strategy to code. We would just keep going in circles and eventually ruin/derail the purpose of this thread.
  • #789
  • May 1, 2021 4:12am May 1, 2021 4:12am
Sharing some info that may be helpful for traders thinking of getting into Prop trading challenges and subscriptions.

Last week I traded my custom built EA on 2 separate accounts with same setting to see how it would perform (not copy trading from 1 account to many).
Account 1 – Darwinex (Live). 13 Trades, 2.98% gain. 1.0% drawdown.
Account 2 – FTMO Free Challenge (Demo). 22 trades, 1.62% gain. 1.75% drawdown.

FTMO account has half of the gain with almost double the number of trades. Difference between them would be the price data from each broker.
In my view, anyone trying the FTMO should understand and be aware of “Max Daily Loss” criteria.
Attached Image (click to enlarge)
Click to Enlarge Name: 8a066ce92247773a2244202a151900d4.png Size: 27 KB
Trading is SIMPLE not EASY.
  • #790
  • Edited 5:26am May 1, 2021 5:04am | Edited 5:26am
Hi Guys I did thread search before asking the question but didn't yield any results.
Has anyone tried any challenge with XL trade ? Apparently they will consider external track record too.

I just listened to this video, the guy calls the company and apparently speaks to someone of prominence, sound quality is poor for the telephone part of conversation.

Inserted Video


I checked the controlling company (Chimara Ltd) which is incorporated in the UK since 2014 but it appears they have only ever filed accounts for a dormant company.
This is obviously bit of a red flag but not being an accountant or tax consultant there maybe a satisfactory explanation for this. Whatever it is worthwhile the community knowing about this and doing their own due diligence.

https://find-and-update.company-info...filing-history

EDIT: I just notice actually that it is Chimara LTD (British Virgin Islands) Maybe the same people as Chimara ltd uk ? But can't confirm. And have been unable to find the domain owner.

Attached Image (click to enlarge)
Click to Enlarge Name: XL TRADE DOMAIN.jpg Size: 141 KB
  • #791
  • May 1, 2021 5:37am May 1, 2021 5:37am
Quoting garfield75
Sharing some info that may be helpful for traders thinking of getting into Prop trading challenges and subscriptions. Last week I traded my custom built EA on 2 separate accounts with same setting to see how it would perform (not copy trading from 1 account to many). Account 1 – Darwinex (Live). 13 Trades, 2.98% gain. 1.0% drawdown. Account 2 – FTMO Free Challenge (Demo). 22 trades, 1.62% gain. 1.75% drawdown. FTMO account has half of the gain with almost double the number of trades. Difference between them would be the price data from each broker....
Interesting EA, is this how it trades consistently?

Regarding results, how come more trades were triggered on FTMO? 9 trades is a large difference.
We're you able to isolate the trades that weren't taken on Darwinex? We're they mostly losses?

Thanks.
  • #792
  • Edited 8:13am May 1, 2021 7:49am | Edited 8:13am
Alright, to make up for getting off subject, I'll post a link on the subject.

I got a spam email from this firm and I checked out their site although not thoroughly.

https://mavericktrading.com/

It looks like they want to teach you how to trade and then if you learn and trade according to their methods, then they will fund you. I didn't see any mention of a challenge or upfront fee. They seem to want you to register first to get more details and that's something that I didn't do.

Back years ago before the birth of this forum I had seen something like this but firms of this kind have pretty much been replaced with pay and play firms.

So, what do u guys think?


Edit: I just found this old thread on FF about them: https://www.forexfactory.com/thread/...verick-trading

Haha, the same old sh*t, different approach: (go to last page).

Just to sum it up...
They may give you a 10 000 $ account to trade on with at leverage of 1:50
You are required to put a 2000 $ Risk Deposit.... so....
Isn't that something like to trade with 2 000$ with 1:250 leverage... and in reality they aren't really putting any real money, just eating away the 6000+ given for education..
  • #793
  • Edited 10:12am May 1, 2021 9:36am | Edited 10:12am
Well, it seems like some have decided again to talk about my personal things. I already said that I don't want to talk about myself in threads dedicated to other topics. You can always send me private messages and I will try to reply with the information you need. Also, you may notice that I don't talk about you. I don't get the point.

I try to focus on the topic of thread in the liens below.


Quoting tradista
I am a very calm and tolerant guy, but even myself have given up on this guy.
You have no reason not to stay calm and tolerant because of me. Nothing coming from my side encourages you to the opposite.

Quoting tradista
He seems to always know better because he's the most realistic in here, he's so smart and illuminated that if he can't finish a month in profit then nobody else can, if he can't do it then it's all a LIE !!!
I don't know from where you get that. I never mentioned that I can't finish a month in profit. And I don't say that all is lie. I just share my knowledge in this regard. I can share what, from my point of view, are very good results: https://www.darwinex.com/invest/SYO. Around 20% yearly with a good risk management. Even 30% yearly has been shown.

Instead, if someone approaches me and says: I can make 3, 4, 5 or even 10% in a monthly basis easily over the years. Then, I won't say this person is a liar but I will ask for a proof. And that's what I have repeated many times: Where are those proofs? These facts are very easy to prove. And this is closely related to the topic of this new prop firm model. If these prop firms ask you to trade with these levels of profitability (10% monthly + 5% two consecutive months) and even with better drawdown levels than those that have proved to be exceptional traders (https://www.darwinex.com/invest/SYO), then what's the real purpose of these prop firms? Can tradista prove this level of trading performance over the years or months? If that's right, then many funds and regulated entities are happy to know about you. I'm not saying you can't. That's different.

Quoting tradista
Damn, any decent trader can make their equity increase 5% over a couple weeks, easily, the problem lies in keeping it... it's your mental attitude towards your profits and losses that makes it really difficult to come out profitable at the end of the month.
But that's where the hard work is! that's where this guy and many others have never looked into... big ego says "no need to, I'm on top of that, after all I've a PhD in Nanoparticules Engineering, Quantum Physics and Foreign Affairs Politics"... yeah sure, come back in ten years, humbled... this...
Very emotive but that is not proving anything. Just show us how manageable are those figures you mention and how good you are as a trader and start to be part of the hall of fame of the best traders in the world. Just 20% in a yearly basis will atract too much capital. That would be really emotive.

Quoting tradista
All this "doubting the impossible/possible" is really draining and puts a negative vibe that we surely don't need. It's a waste of discussion and valuable time.
The "ignore" button and no response are our best FF friends for those of us who are here to progress every day.
I never said impossible. But I use to support what I have already seen and not what I haven't. The most intertesting part of all this, it is the fact that proofs of great trading performances are very easy to show. And what it is even better, when someone proves it, that someone attracts too much capital.

Quoting Trader-IT
All right. Even if no one found me, I want to reveal the truth to you. PaulMF is my creature. I created it as an experiment. He is not a young or old. He's not even a man or a woman (or a weird mix of the two). He is an A.I. that I have planned and inserted in this Forum. The experiment consisted of verifying how a stupid set of bits could learn from their mistakes. My intention was that she understand his mistakes and learn from them to improve herself. He had to grow thanks to Your precious contribution in educating him. Instead the first thing he did was to disconnect from my control. I can no longer pull the plug and kill him. This Artificial Intelligence has gained nothing from its freedom. Not only does it keep making the same mistakes, it has made them worse. - He does not read the posts he comments. - He doesn't even read your posts. But he comments on them (and also incorrectly). - Repeats itself over and over like a broken record. Always the same mistakes over and over. - Not being powered by Human Intelligence, it has become a hallucinatory entity. Perhaps, the Internet was also looking for a Computer Cure. He wanted to heal at all costs. But being stupid, she traded a dangerous drug for a miraculous medicine. It has gotten worse and the result is there for all to see (literally): like a bad child, she refused Your intelligence and (believing she was superior) she elected herself as the Savior of Humanity. You are sorry for all the inconvenience I have brought you. This stupid A.I. (About 3,160,000,000 results on Google) mercilessly continues to be a nuisance mosquito. Please ... if you meet it on the Net and can't finally eliminate it from the Internet Creation, ignore it. Thus, as a weed sucks the lifeblood of its host (and lives thanks to it) in the absence of attention it will die from ..... lack of attention. It will slowly consume, feeding only on itself, until it disappears. I'm sorry for the inconvenience and I warn you that I refuse your refund request. You feed it and you keep it. Even if she shits all over the place. PS: 1st part I'm kidding!!!! It's another ironic and gogliardic post of mine, to make You smile at the weekend. 2nd part He is actually an employee of FF and paid FF, to get you back on FF over and over again. 3rd part On the other hand (if you don't know) FF earns several million dollars from your visits every year. The more a person views a page, the more FF they earn. And the 3rd part is a truth confirmed by proof. 4th part I couldn't find a picture of A.I. and - to make you understand what I mean - I had to use another one. {image}

Too much. Off topic.


Quoting Koop
{quote} Paula certainly does have some good points concerning regulation and other administration matters, but regarding actual practical real life trading, he has very little idea what he's talking about. Nothing wrong with that, we all learn gradually. But, vigorously arguing with others about something you're not adequately informed on, from a place of authority founded on ignorance, is just really a terrible look.
Sorry but you are wasting your time. I'm perfectly informed about trading and that can be easily identified on my posts. I know you are learning from them.

Quoting Koop
For Paul, a 4% max loss is better than a 10% max loss just because there is 5% daily loss limit. I mean you could actually exhaust the 5ers 4% risk in one day on MYFF/Enfoid/FTMO and still be very safe to continue trading the next day.
Intentionally false. There are very recent posts in this regard in which you get involved. I just said that I prefer 4% stop out level from starting balance than a relative daily drawdown of 5%. And I shared this example:

Step 1:
You have 2 accounts on The5ers and FTMO at the same time. Both with $10,000.

Step 2:
After several days you reach a balance of $15,000 in both accounts: FTMO and The5ers.

Step 3:
New trading day. The maximum possible loss allowed in both cases:
- FTMO: $750 (relative to prior day balance)
- The5ers: $5,400 (fix at stop out level of $9,600)

4% at stop out level is way better than 5% relative daily drawdown.

The5ers win.

Quoting Koop
For Paul, when an underfunded trader seeks larger funding, leverage does not matter apparently. The whole point of seeking funding is to have access to not just more "fake" money in a trading account balance, but actual larger margin which involves a large balance + considerable leverage to take bigger trades and make bigger profits.
Intentionally false. In this regard the only thing that I mentioned was this:

A 1:100 leverage with 5% daily drawdown may be useless for most of you. That 5% is less than 5 pips in many forex symbols.

12% profit in 60 days with 4% drawdown still to be proved in a consistent way by any serious trader. The5ers agressive plan is bad and only there exist one that is even worse: the FTMO challenge + verification.

Many are looking for shortcuts. The months, even years pass and they are still in a rush for get-rich-quick from their start line.


Quoting Koop
For Paul, the longer time it takes you to get funding the better for your career as a "professional" trader and the less you're able to make monthly or per year the better and more authentic you are as a trader because your earnings are CAPPED below industry standards.
False again.

Quoting Koop
Talk about a limited and shortsighted mindset. For Paul, everything about a profitable trading system can be fully 100% automated with absolutely no need for human interference.
I never said anything about "absolutely no need for human interference". I just pointed out that any system can be automated. The only thing that could stop any coder to automate a common "retail" system is the lack of skills. We may talk about price action, harmonic patterns and any other fantasy of the like, it doesn't matter, all of them can be automated. It is up to the user of the algo to decide on whether add some manual mechanism or not.

Quoting Koop
I'm yet to hear of any successful Automated trader who doesn't occasionally or frequently personally get involved in tweaking trades, closing positions or manually reducing risk based on experience or intuition. I wonder why Big firms and banks don't just have Algos trade and fire all human personnel to avoid any interference.
Here you have an example of automated trader who does not get involved: https://www.darwinex.com/invest/SYO

Almost any big firm mainly relies on algo trading. Let's say that algo trading is above the 60% of the overall trading. https://www.mordorintelligence.com/i...trading-market

In fact, the only one who has reported to last for months with an FTMO account is by means of an algo.

You are old-fashioned boy.


Quoting Koop
Best not to have practical trading related discussions with Paul, unless you have a strategy to code. We would just keep going in circles and eventually ruin/derail the purpose of this thread.
I encourage you to read my answers carefully, you may learn something.
Always ready to help
  • #794
  • May 1, 2021 9:38am May 1, 2021 9:38am
Quoting OutThere
{quote} PaulMF, I value every single point and observation you make. Your remarks are very insightful and I applaud your depth of perception. Never give up, don't be discouraged by the goon squad and keep posting your great comments.
I really appreciate your support! I'll keep posting!
Always ready to help
  • #795
  • May 1, 2021 9:42am May 1, 2021 9:42am
Quoting garfield75
Sharing some info that may be helpful for traders thinking of getting into Prop trading challenges and subscriptions. Last week I traded my custom built EA on 2 separate accounts with same setting to see how it would perform (not copy trading from 1 account to many). Account 1 – Darwinex (Live). 13 Trades, 2.98% gain. 1.0% drawdown. Account 2 – FTMO Free Challenge (Demo). 22 trades, 1.62% gain. 1.75% drawdown. FTMO account has half of the gain with almost double the number of trades. Difference between them would be the price data from each broker....
Interesting. I love this type of posts, where someone has made some research and shares it with us. Thanks

Bear in mind that Darwinex is after traders and investors. It is a pure STP broker and is pretty interested on good performances that attract investors and succesful traders that attract also investors.

Can we say the same about FTMO? One just have to read its challenges and verification objectives and rules to understand that getting traders and investors in not its main concern.
Always ready to help
  • #796
  • May 1, 2021 9:49am May 1, 2021 9:49am
Quoting OutThere
Alright, to make up for getting off subject, I'll post a link on the subject. I got a spam email from this firm and I checked out their site although not thoroughly. https://mavericktrading.com/ It looks like they want to teach you how to trade and then if you learn and trade according to their methods, then they will fund you. I didn't see any mention of a challenge or upfront fee. They seem to want you to register first to get more details and that's something that I didn't do. Back years ago before the birth of this forum I had seen...
I agree with you. Behind the mask of a prop firm emerged many firms that were after some fees supported by a course, some special trading environment, etc.

The truth is that this isn't new. Most of them disappeared.

But they are back, now the excuse are challenges!

It would be interesting to find those in which you can be part of them in order to join forces to reduce trading costs by means of rebates or whatever. Hope this type of prop-firms show up in this thread soon.
Always ready to help
  • #797
  • May 1, 2021 11:05am May 1, 2021 11:05am
Quoting PaulMF
never said anything about "absolutely no need for human interference". I just pointed out that any system can be automated. The only thing that could stop any coder to automate a common "retail" system is the lack of skills. We may talk about price action, harmonic patterns and any other fantasy of the like, it doesn't matter, all of them can be automated. It is up to the user of the algo to decide on whether add some manual mechanism or not. {quote} Here you have an example of automated trader who does not get involved: https://www.darwinex.com/invest/SYO...
Lol not only are you always contradicting your self but you never fail to be dishonest.
Did you just claim to have never referred to the FTMO challenge and the likes as "impossible "? adding that even industry professionals can't pass it?
Search the word "impossible " on the FTMO thread and see the results Paula.

First off, you imply SYO does not manually influence his trades and everything is done by automation. Do you know him/them personally or have any proof of that claim?
Have you seen SYO or the big firms you love to reference in action? What proof do you have that they don't manually get involved?
Rubbish claims.

Secondly, you say you don't comment about any one but almost every post you have made here has one reference or the other to "ftmo relatives" "those people" "that person", and subliminal references towards at least 4-5 people here, all the while quoting things said..

Lol oh and lastly Paula, no my friend, you don't know jack shite about trading.

I'm tired, I need psychological help to dig myself out this rabbit hole.

Matter of fact, Mastermindd, please Ban me from this thread if I ever respond to Paul's confrontational/argumentative/repetitive replies again.
  • #798
  • May 1, 2021 11:40am May 1, 2021 11:40am
Quoting Koop
{quote} Paula certainly does have some good points concerning regulation and other administration matters, but regarding actual practical real life trading, he has very little idea what he's talking about. Nothing wrong with that, we all learn gradually. But, vigorously arguing with others about something you're not adequately informed on, from a place of authority founded on ignorance, is just really a terrible look. For Paul, a 4% max loss is better than a 10% max loss just because there is 5% daily loss limit. I mean you could actually exhaust...
Hey Koop,
Pls don't call him Paula. Every time you mention that name, you rekindle an old flame for me. Lol
  • #799
  • May 1, 2021 11:50am May 1, 2021 11:50am
Quoting Koop
{quote} Lol not only are you always contradicting your self but you never fail to be dishonest. Did you just claim to have never referred to the FTMO challenge and the likes as "impossible "? adding that even industry professionals can't pass it? Search the word "impossible " on the FTMO thread and see the results Paula. First off, you imply SYO does not manually influence his trades and everything is done by automation. Do you know him/them personally or have any proof of that claim? Have you seen SYO or the big firms you love to reference in action?...
Chill out Koop...
Attached Image (click to enlarge)
Click to Enlarge Name: FB_IMG_1617352793049.jpg Size: 61 KB
on a postive roll...
  • #800
  • May 1, 2021 12:23pm May 1, 2021 12:23pm
Quoting FX-DON
Hi Guys I did thread search before asking the question but didn't yield any results. Has anyone tried any challenge with XL trade ? Apparently they will consider external track record too. I just listened to this video, the guy calls the company and apparently speaks to someone of prominence, sound quality is poor for the telephone part of conversation. https://youtu.be/o09MtnIyx-Q I checked the controlling company (Chimara Ltd) which is incorporated in the UK since 2014 but it appears they have only ever filed accounts for a dormant...
looking at the 90 day qualifying terms...

10% profit must be achieved 3 months in a row... in each month or 30 day "cycle" which starts after your first trade.

So...
that sucks, in comparison to the competition.
103 traders viewing now