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  • #6,121
  • Dec 17, 2021 5:58am Dec 17, 2021 5:58am
This fruitcake is back on Trade2Win now... https://www.trade2win.com/threads/fo...l-team.240496/

Some serious issue this guy has.
  • #6,122
  • Dec 17, 2021 7:58am Dec 17, 2021 7:58am
Quoting Brixton
This fruitcake is back on Trade2Win now... https://www.trade2win.com/threads/fo...l-team.240496/ Some serious issue this guy has.
What a nightmare of a person.

Total clown with endless drivel.

Masterrmind ..........
Master your Mind then Master your Trades
  • #6,123
  • Dec 17, 2021 8:24am Dec 17, 2021 8:24am
Quoting Masterrmind
{quote} What a nightmare of a person. Total clown with endless drivel. Masterrmind ..........
Failed traders take to selling rubbish in echochambers on forums. If his rubbish worked, he wouldn't be so upset about life.
  • #6,124
  • Dec 17, 2021 10:24am Dec 17, 2021 10:24am
hi guys, what do you think of the Lux Trading Firm? I like that they open an account with a broker, and do not represent their server. It looks pretty presentable. Is there anyone here who passed?

If they provided live accounts opened with American brokers at Interactivebrokers or TDameritrade, I would have no doubts. The company says they are on their way to the top of their investment. I think it would be more logical to cooperate with large and well-known brokers.
  • #6,125
  • Dec 17, 2021 10:52am Dec 17, 2021 10:52am
Quoting pipmaster77
{quote} Hi Expo, I have got to weigh in here to put this in perspective for everyone. You are literally attempting the toughest challenge for the least reward in the entire industry. I know it's only $58 (at first) and I agree not everyone has the disposable income for the others. However, it truly is $348, as this is what you will pay them before you ever earn a dime. These models are all about profit target vs DD allowed ( for me anyway) as this is how I model my risk per trade. So earning 8% with 5% DD, if we plug that into an MFF eval with 12%...
I'm not looking at the PM account parameters. I'm looking at the mitigating risk angle.

The average requirement for a 2 step evaluation is to make 8% and then 5% in 90 days. And all you have to do is risk is about $450 upfront. We know that over 95% of traders can't accomplish this task so their $450 goes bye-bye. So why not risk $58 to try and earn 24% over the course of a full year? Then at least you know you have secured the PM account without risking the $450 first. Sure, You have to pay the $281, and the PM parameters arent the best but that's not the point.

Look at it this way. If the 5ers offered you an instantly funded 100K account for $281US with the same parameters as the 100K Boot Camp PM account you'd pay for it, right? I mean 281 bucks for 4K of drawdown is a good deal right? Do you really need 10K of drawdown to earn 3-5% a month?

As I said, I'm not focused on the drawdown parameters or the 50/50 split, or the leverage.

Fagin stated why try to earn 24% in a full year? All that stress, etc etc. As I said, imagine you live in a country where the average monthly income is $1000 or less. Imagine the stress that person would be under risking $450 upfront trying to make 8% then 5% for the standard 2-step evaluation? So 95% of the time that person will lose their $450. For that person, it's not about having a PM with a bigger allowable drawdown or a better profit split, it's about a low-risk way of securing 4K in drawdown and a chance to earn some real income. I mean if you need more than 4K in drawdown to make a few percent each month then it's not likely you can pass any evaluations regardless of the parameters.

Off to hike the canyons. If I don't make it back I leave all my credit card debt to Jiggling Jessica.
Pride always comes before destruction.... -Proverbs 16:18
  • #6,126
  • Dec 17, 2021 10:53am Dec 17, 2021 10:53am
Quoting Expo33
{quote} I'm not looking at the PM account parameters. I'm looking at the mitigating risk angle. The average requirement for a 2 step evaluation is to make 8% and then 5% in 90 days. And all you have to do is risk is about $450 upfront. We know that over 95% of traders can't accomplish this task so their $450 goes bye-bye. So why not risk $58 to try and earn 24% over the course of a full year. Look at it this way. If the 5ers offered you an instantly funded 100K account for $281US with the same parameters as the 100K Boot Camp PM account you'd pay...

Have you been able to find anything on jessica. Was she even real? I can't find anything on her ever since she removed her instagrams ... how can a sociopath disappear like that.
  • #6,127
  • Edited 4:51pm Dec 17, 2021 11:23am | Edited 4:51pm
Quoting Expo33
Phase 1: You are provided with a 25K demo account. You must earn 8% (i.e increase the account to 27K) with an allowable drawdown of 5%. Max stop loss for any position is 1%, trading leverage of 1:10. Once you reach your 8% profit target you have successfully completed phase 1 and move to phase 2. Phase 2: EXACTLY the same as phase 1. The only difference is they start you at 50K. Still, it's the same game. You must increase the 50K by 8% (i.e. increase the account to 54K). If you do then you have passed phase 2 and go to phase 3 Phase 3: EXACTLY...
-Thanks for the clarification.

I get it. Some people have different circumstances.

However, I wasn't aware of the additional €250 payment before receiving your account. I think, if you can flip an account that many times without going bust, then you could take that €300 and just throw it into a personal account and you could easily have the necessary funds and just go with a better offering (multiple times).

Check it:

Start with $1,250 account (5% draw-down on 25K account). Must earn 8% of 25K, which is 2K profit, so a 160% increase on the account, bringing the total balance to $3,250.

Rinse and repeat two more times.

Had you taken that €300 and did the same thing in a personal account:

'phase 1' - €300 + 160% (€480) = €780
'phase 2' - €780 + 160% (€1,248) = €2,028
'phase 3' - €2,028 + 160% (€3244.8) = €5,272.8

That is more than 4% draw-down on a 100K account.

Even if you take the €50 and trade it the same way, you would still have enough for a traditional program. Or, you could trade one or two phases of the €300 and have enough that way.
  • #6,128
  • Dec 17, 2021 12:00pm Dec 17, 2021 12:00pm
Quoting Expo33
{quote} I'm not looking at the PM account parameters. I'm looking at the mitigating risk angle. The average requirement for a 2 step evaluation is to make 8% and then 5% in 90 days. And all you have to do is risk is about $450 upfront. We know that over 95% of traders can't accomplish this task so their $450 goes bye-bye. So why not risk $58 to try and earn 24% over the course of a full year? Then at least you know you have secured the PM account without risking the $450 first. Sure, You have to pay the $281, and the PM parameters arent the best...
Yes, I haven't even looked at the PM at all, just the 3 stages to get there. % risk per trade MUST be based on allowable loss, so to make 8% with 5% DD, is equivalent to making 19.2% with 12% DD (MFF). It is a factor of 1.6:1.
So, I am simply stating, with all things being equal , R;R per trade, winning %,etc, by the time you make 8% with 5% loss 3x over, you will have made 57.6% with MFF or in other words, by the time you complete just phase 1 with 5%ers, you have made 19.2%, enough to pass stage 1(8%) and 2(5%) of the eval and get a split on the the remaining 6.2%, then while you are completing stage 2 and 3 with the 5%ers, you are getting paid on 19.2% TWICE OVER with MFF.
  • #6,129
  • Dec 17, 2021 6:15pm Dec 17, 2021 6:15pm
Its christmas time ladies and gents.

Before I depart, I wish you all a happy holidays and a prosperous new year. I likely won't be returning here as my health has turned for the worse and there are only so minutes in the day.

I wish you all the best, even the troll asses and don't forget that life is too short, so go all in on everything.
  • #6,130
  • Dec 17, 2021 6:33pm Dec 17, 2021 6:33pm
Quoting Takisd
Its christmas time ladies and gents. Before I depart, I wish you all a happy holidays and a prosperous new year. I likely won't be returning here as my health has turned for the worse and there are only so minutes in the day. I wish you all the best, even the troll asses and don't forget that life is too short, so go all in on everything.
Almost 17 years on FF good luck mate and have a good Xmas
  • #6,131
  • Dec 17, 2021 7:01pm Dec 17, 2021 7:01pm
Quoting Profit-men
hi guys, what do you think of the Lux Trading Firm? I like that they open an account with a broker, and do not represent their server. It looks pretty presentable. Is there anyone here who passed? If they provided live accounts opened with American brokers at Interactivebrokers or TDameritrade, I would have no doubts. The company says they are on their way to the top of their investment. I think it would be more logical to cooperate with large and well-known brokers.
29 day trade min, trailing drawdown, I almost passed last year, then had a bad streak and hit the trailing drawdown. The trailing drawdown puts psychological pressure on you at least for me. I will only do challenges that have absolute drawdown from the initial account balance.
  • #6,132
  • Dec 17, 2021 7:16pm Dec 17, 2021 7:16pm
Quoting Takisd
Its christmas time ladies and gents. Before I depart, I wish you all a happy holidays and a prosperous new year. I likely won't be returning here as my health has turned for the worse and there are only so minutes in the day. I wish you all the best, even the troll asses and don't forget that life is too short, so go all in on everything.
wish you the very best in your life.

Would love to see your posts here anytime.
Intraday only.
  • #6,133
  • Dec 17, 2021 7:42pm Dec 17, 2021 7:42pm
Quoting Takisd
Its christmas time ladies and gents. Before I depart, I wish you all a happy holidays and a prosperous new year. I likely won't be returning here as my health has turned for the worse and there are only so minutes in the day. I wish you all the best, even the troll asses and don't forget that life is too short, so go all in on everything.
All the best Mate, thanks for all you have contributed, you have steered a lot of people in the right direction or at the very least away from the wrong direction. Enjoy your time buddy.
Cheers
Geoff
  • #6,134
  • Dec 17, 2021 10:05pm Dec 17, 2021 10:05pm
Quoting MoxFulder
{quote} 29 day trade min, trailing drawdown, I almost passed last year, then had a bad streak and hit the trailing drawdown. The trailing drawdown puts psychological pressure on you at least for me. I will only do challenges that have absolute drawdown from the initial account balance.
MoxFulder - thanks for taking the time to review. Trailing drawdown does not scare me.

I am more afraid of the little-known of this company. They are not very popular on the FF forum. But they promise a lot of interesting things. Good luck and have a good Xmas
  • #6,135
  • Dec 18, 2021 12:01am Dec 18, 2021 12:01am
Quoting Takisd
{quote} Have you been able to find anything on jessica. Was she even real? I can't find anything on her ever since she removed her instagrams ... how can a sociopath disappear like that.
Nah, I don't do social media anymore. I'm sure she kept some cash before pulling the plug on FT and went into hiding.
Pride always comes before destruction.... -Proverbs 16:18
  • #6,136
  • Dec 18, 2021 3:35am Dec 18, 2021 3:35am
Quoting Profit-men
hi guys, what do you think of the Lux Trading Firm? I like that they open an account with a broker, and do not represent their server. It looks pretty presentable. Is there anyone here who passed? If they provided live accounts opened with American brokers at Interactivebrokers or TDameritrade, I would have no doubts. The company says they are on their way to the top of their investment. I think it would be more logical to cooperate with large and well-known brokers.
I like them. Decent broker, yes... but peerless 24/7 online support, and great scaling plan. Haven't passed, but about 80% there after 6 weeks. My bots work about the same or a bit better than they do on FTMO. They don't offer Bitcoin as an instrument, though.
  • #6,137
  • Dec 18, 2021 3:38am Dec 18, 2021 3:38am
Quoting Takisd
Its christmas time ladies and gents. Before I depart, I wish you all a happy holidays and a prosperous new year. I likely won't be returning here as my health has turned for the worse and there are only so minutes in the day. I wish you all the best, even the troll asses and don't forget that life is too short, so go all in on everything.
You will be missed here, and I'm sure in more important places.
Thankyou for imparting your wisdom and experience to us.
Peace.
  • #6,138
  • Dec 18, 2021 3:54am Dec 18, 2021 3:54am
Hello, Any thought About FTMO am new to prop firm and I see FTMO as interesting anyone got an account with them ? Or got the challenge ...
Got paid ?
Wealthy
  • #6,139
  • Dec 18, 2021 5:55am Dec 18, 2021 5:55am
Quoting doyathink
{quote} I like them. Decent broker, yes... but peerless 24/7 online support, and great scaling plan. Haven't passed, but about 80% there after 6 weeks. My bots work about the same or a bit better than they do on FTMO. They don't offer Bitcoin as an instrument, though.
doyathink - Thank you for your feedback. Wish you luck. Please let us know here how to get a funded account.
  • #6,140
  • Dec 18, 2021 9:20am Dec 18, 2021 9:20am
Quoting Takisd
Its christmas time ladies and gents. Before I depart, I wish you all a happy holidays and a prosperous new year. I likely won't be returning here as my health has turned for the worse and there are only so minutes in the day. I wish you all the best, even the troll asses and don't forget that life is too short, so go all in on everything.
You will be missed here, take care buddy!!
on a postive roll...
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