{quote} Hi Nsak3y In the 10yrs of doing this the only time I have ever encountered someone concerned that their data is going to be reverse engineered is from people who are not that experienced in the industry. I am not taking a shot at you or minimising a concern. I am just trying to share a perspective that its not as easy or as desirable as one might think. PsyQuation had a database of more than 100k trading accounts, we used that data to mine and identify patterns of poor trader behaviour and good trader behaviour. It would be near impossible...
Been giving some more thought to the Demo accounts capital accelerator, sorry for hijacking the thread but I am learning what the community we want to serve thinks is fair and reasonable. {image} I need to think about the finer details, but I think this is a potentially very interesting opportunity for a trader who doesn't have access to surplus cash but believes they are a good trader. In this example where we provide the trader with a $10k demo account they can essentially fold that 10k plus the profits made up to a total of $20k into The Hub...
Does this mean if you have 10,000 people 1800 pass phase 1, 558 pass phase 2 and 22 actually get a profit split and not crash out so thats what .2% get a profit split am I really reading that correctly?
and YES, his math is correct there. 
IF you really want to make Ditto more 'inclusive', then there is the option to lower the minimum live equity to 500-1000$ in exchange for extending the stages for 1-1 months, but leaving the live account aspect. the actual, real profits in turn can be used to scale things up.
of course, in theory.
and that where the real catch of retail prop trading lies, especially with those lower performance fees options: scaling up either takes forever, or stops at a level where careful, defensive trading still wont be enough to actually produce those appealing profit share where the own equity can really grow quick.
lets be realistic for a moment.
take 'the Hub', for example...the up to 500k sounds good....but that requires 50k own money. most of the retail traders on the forum dont have access to such risk capital.
the other hand 5000$ own money starts one out, but if say making 3% months, @20% perf fee, that will take quite a forever to scale own equity to 50k to max the 500k offer out!
believe you did a study into the average account age of profitable and losing accounts....i think safely can conclude that starting 5000$, the account is unlikely to last that long to get to the max end of the offer.
someone can work out the math if really interested,
in a simplified way: 5000$ @3% mo =150$. *20% perf fee (x10 multiplier, after 4 months) = 300$! a month
the other hand, stands the "PRO" offer at Ditto.
2 yrs account history. reasonable
2 million AUM?
one doesn't have to be a genius to know that no traders will swarm the sign up with this option from Forexfactory!
or anywhere, coming from real retail.
and even then, what for? 100K extra fund @20%....would that level that offer would really make sense? +5% AUM? idk. maybe yes. maybe not.
the sweetspot, once again, is remained untouched, sadly.
traders who maybe can put 10-50k skin in the game, but in exchange have a real appealing payout schedule ( cash flow in retail level is a major drag! and could write a whole study about it, but wont have that much time to waste for nothing), and a goal where access to AUM of 2-5 million is a possibility.
maybe i miss a few points, or didn't understand the offer in every aspects, including but not limited to the hub, the pro option, or even the not mentioned copy trading. ( ah, someone mentioned IP. re:copy, would love to know that it is like a PAMM and open trades not shown, or all visible, and someone can easily knock off, rougue copy from their MT4 with an investor password login to a larger acct with no payment. could it happen? hint: could.)
Mike, if you want a real conversation, you can always skype me 
typing takes a lots of time, some editing, and probably in the end still not touching much of the parts of the topic.
if anything, i would hope Ditto slips into the gap between the darwinex/axiselect offer and the pseudo props of MFF/FTMO and others.
there is a big gap to fill, but looks like Ditto not going for that sweetspot. too bad.
happy trading!
Z
ps. sorry everyone, got a bit long post. my only excuse it is on topic.
Been giving some more thought to the Demo accounts capital accelerator, sorry for hijacking the thread but I am learning what the community we want to serve thinks is fair and reasonable. {image} I need to think about the finer details, but I think this is a potentially very interesting opportunity for a trader who doesn't have access to surplus cash but believes they are a good trader. In this example where we provide the trader with a $10k demo account they can essentially fold that 10k plus the profits made up to a total of $20k into The Hub...
I think not charging an eval fee is a definite plus for ditto.com since it counters the accusation that prop firms basically feed off losing traders. Having said that, I agree that the 20% performance fee is something of a disincentive (if compared to say, tentoptraders.com who also charges no fee but offers a 50% profit-share; or those who do charge but with pay-outs of as high as 80% or even more). I am hopeful that a real win/win proposition emerges from this exchange so ditto.com achieves its ambition of becoming a successful hedge fund while...
{quote} ( ah, someone mentioned IP. re:copy, would love to know that it is like a PAMM and open trades not shown, or all visible, and someone can easily knock off, rougue copy from their MT4 with an investor password login to a larger acct with no payment. could it happen? hint: could.) Mike, if you want a real conversation, you can always skype me
