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  • #10,081
  • Aug 12, 2022 11:02am Aug 12, 2022 11:02am
Quoting ohyeah
{quote} Check out their Discord in realtime. There are many traders that are complaining about the same thing... server freeze issues.

Dude, I have 100 lots of US30 open during the freeze, which was like an hour ago and lasted 8 minutes. At the time, the server wasn't frozen JUST CFD's.. Speaking of growing up....
  • #10,082
  • Aug 12, 2022 11:05am Aug 12, 2022 11:05am
Quoting Expo33
{quote} I guess they have different spelling rules in Australia? "Enrol"......hmmmm {image}

Its all about the inflection
  • #10,083
  • Aug 12, 2022 11:10am Aug 12, 2022 11:10am
Quoting ohyeah
{quote} hahaha it's only a scam if you want to believe it's a scam. It was genuine that I wanted to work with another trader but it was before I learned what prop firms were. Anyway, I grew up some. I don't want to work with anybody. Maybe I'll work with a prop firm someday but it will take a lot of research and time still. Believe what you want, I can kick your A** in trading any day of the week. How about let's create a demo account, let's post our TE, and let's see? But you won't do it will you? Then, shut yer... (about me being a scam). I can...
Maybe you could settle this the grown-up way and both post selfies in speedos and compare phallic symbols
Pride always comes before destruction.... -Proverbs 16:18
  • #10,084
  • Aug 12, 2022 11:11am Aug 12, 2022 11:11am
Quoting Expo33
{quote} Maybe you could settle this the grown-up way and both post selfies in speedos and compare phallic symbols
In Ancient Greece, small phalluses were considered elegant and a sign of education and wealth.
  • #10,085
  • Aug 12, 2022 11:12am Aug 12, 2022 11:12am
Quoting ohyeah
{quote} hahaha it's only a scam if you want to believe it's a scam. It was genuine that I wanted to work with another trader but it was before I learned what prop firms were. Anyway, I grew up some. I don't want to work with anybody. Maybe I'll work with a prop firm someday but it will take a lot of research and time still. Believe what you want, I can kick your A** in trading any day of the week. How about let's create demo accounts, let's post our TE, and let's see? But you won't do it will you? Then, shut yer... (about me being a scam). I can...

You make posts like this but expect people to believe you can make money for them, every day? You should probably stick to 4chan bud.
  • #10,086
  • Aug 12, 2022 11:24am Aug 12, 2022 11:24am
Quoting ohyeah
You guys groveling over MFF are the perfect customers for any business. Not demanding any professionalism, any accountability, etc. I personally want to do business with someone more polished. I don't know how they do things where you're from but if you're happy and grovel over MFF then I can imagine your standards. I'm not saying MFF is bad. I'm just saying I'll wait until their business is a bit more polished. I guess I trigged several people that are fawning over MFF.
This kind of incidents happened before and every time MFF compensated for traders' loss.

BTW, you said you are very good at trading. Can you show your records?
  • #10,087
  • Aug 12, 2022 11:26am Aug 12, 2022 11:26am
Quoting ohyeah
You guys groveling over MFF are the perfect customers for any business. Not demanding any professionalism, any accountability, etc. I personally want to do business with someone more polished. I don't know how they do things where you're from but if you're happy and grovel over MFF then I can imagine your standards. I'm not saying MFF is bad. I'm just saying I'll wait until their business is a bit more polished. I guess I trigged several people that are fawning over MFF when I said "growed up."
Do not have any emotions involved or something like that when I look at various prop firms. I only care about they value they are offering and also try to be as objective as I can. I measured it correctly via the score, available and published here to all of us for free, and then I care after the score about trading conditions and payout history mostly. Some also care much about own trading servers. There are nuances in the soft factors we value them all a bit different in emphasis I guess but it is not the score itself. The score is hard factor to value in. The most important with some disctance is the value they/prop firms deliver, how much one can profit from them rather than doing it on his/her own personal account alone via compounding. So all in all it should be understood as doing business with them only and nothing else.
  • #10,088
  • Aug 12, 2022 11:27am Aug 12, 2022 11:27am
Quoting ohyeah
{quote} I realize everyone has their bias. I was asking because I wanted to know the bias (opinion) of people.
I have a bias too: it's towards the ones that pay.

It doesn't matter is they have a great site, great conditions, great price, great platform, great server. If they don't pay it's worthless.

That's why I've been seeing some bias here (and I also contributed to that with independent reviews).
We know that FTMO, MFF, TFF, TPT, TFT and Finotive pay. TCC also pays but I would not recommend them.
E8 is a lot recommended here but I don't know if they pay. I'm assuming they pay, that's why I'm with them as well.

Paying doesn't mean long time survival, though. Everybody following this topic knows that.
I was generously paid by Funding Talent and they went bust. Longevity here is week by week, month by month, it's not thinking who is alive in 10 years.
Sooner or later it's likely that we are caught by some company that disappears.
  • #10,089
  • Aug 12, 2022 11:33am Aug 12, 2022 11:33am
Quoting ohyeah
{quote} Yeah but I'm not going to show anything from my live account here on Forex Factory and especially not post something in public forum. It's easy, we can both create demos and trade for as many days as you would like to. How about your Takisd? Would you like to have a friendly competition?
If we create demos, how you ensure that what you post here are real ?I mean nowadays people can PS anything.
  • #10,090
  • Aug 12, 2022 11:35am Aug 12, 2022 11:35am
Quoting ohyeah
You guys groveling over MFF are the perfect customers for any business. Not demanding any professionalism, any accountability, etc. I personally want to do business with someone more polished. I don't know how they do things where you're from but if you're happy and grovel over MFF then I can imagine your standards. I'm not saying MFF is bad. I'm just saying I'll wait until their business is a bit more polished. I guess I trigged several people that are fawning over MFF when I said "growed up."
I never really liked MFF ever since they started and (hence) never had an account with them but I admit they deserve they top position on the list. I always preferred FTMO and still do but that's mainly because they are the only prop firm supporting cTrader. MFF were promising it for months, now they don't even promise.

From the rest of the list, I know and like E8 and TFF. They have some drawbacks but they have some scale-up features which no one else offers (afaik)
None of the prop firms I know are "polished" enough so that I could say - that's perfect. So what? As long as they keep operating and paying...
Money is made by sitting, not trading
  • #10,091
  • Aug 12, 2022 11:40am Aug 12, 2022 11:40am
Quoting ohyeah
{quote} I think most people know the TE here is reliable. In any case, it only matters what you and me see since we're the two in this friendly competition.
I am interested in this competition in which you promise to defeat me on any day?
But I am only not sure how we testify the results。
  • #10,092
  • Aug 12, 2022 11:42am Aug 12, 2022 11:42am
Quoting Takisd
{quote} In Ancient Greece, small phalluses were considered elegant and a sign of education and wealth.
I collect ancient Roman coins. Always good to get another perspective.

Septimius Severus strutting his stuff. Being Italian I'll have to side with the Roman way of life
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Pride always comes before destruction.... -Proverbs 16:18
  • #10,093
  • Aug 12, 2022 11:42am Aug 12, 2022 11:42am
Quoting ohyeah
{quote} Yeah but most people depend on great server at conditions at least to make things work. There are so many people that apparently lost money today. This is very unfortunate. There is obviously some room for the business to grow (let's say it this way not to trigger the two trolls in here).
All of my trades go through Duplikium (as I don't use MT4/5) which causes so many additional troubles that I don't even care about the server conditions themselves. Slippage, short outages? Even if there are none, Duplikium just decides not to copy my orders, or does it with 5 seconds delay, or copies 3 out of 5 which I place. Some SL's are missing, some are at wrong price level. Multiply everything by 4-5 (prop firm accounts I trade simultaneously). That makes you trade in a way which must be immune to any server "issues" most people are complaining about
Money is made by sitting, not trading
  • #10,094
  • Aug 12, 2022 11:45am Aug 12, 2022 11:45am
Quoting ohyeah
{quote} It's good it's working for you but how about when there are extended server freezes like the one from today? You'd still be okay or would you require more from this business? So many people were messaging on their Discord complaining about losing money.
I'd be pissed. But that's part of the business. See my other post
Money is made by sitting, not trading
  • #10,095
  • Aug 12, 2022 11:59am Aug 12, 2022 11:59am
Quoting ohyeah
{quote} Yeah but most people depend on great server at conditions at least to make things work. There are so many people that apparently lost money today. This is very unfortunate. There is obviously some room for the business to grow (let's say it this way not to trigger the two trolls in here).
You would have to define great server conditions. If you mean no failures or, let's say, two failures per year, then I don't think you'll find great server conditions in internet props. Even FTMO, which is the biggest and sitting in a big structure, also have their freezes.
The difference between them is how they react after a freeze. Some companies compensate traders for the freeze, some are more shaddy and find excuses. MFF uses to compensate so we need to wait a bit to see their reaction.

If you need perfect conditions (few failures) then you probably need a real prop firm and trade from their offices. And, besides the regulatory demands (courses, certifications, etc.), they are not immune to failure, as well.
  • #10,096
  • Aug 12, 2022 12:04pm Aug 12, 2022 12:04pm
Quoting Expo33
{quote} I collect ancient Roman coins. Always good to get another perspective. Septimius Severus strutting his stuff. Being Italian I'll have to side with the Roman way of life {image}
LMFAO Biggus Dickus is a historical person...
  • #10,097
  • Aug 12, 2022 12:11pm Aug 12, 2022 12:11pm
Quoting ohyeah
{quote} I understand they're not going to be like IC Markets for example but what they should do is hire (a lot) more support staff to comfort their traders. I mean, they have a bunch of people in Discord completely stressed out and the official support is no where to be found. This is not professional. If you're going to have freezes then communication is key. Customers should demand this instead of making excuses for them like the two trolls here love to do, shamelessly groveling without objectively considering if the business is making mistakes...
Managing the Discord crowd of uneducated kids is a mission impossible. That's why FTMO don't have any Discord or Telegram. But I agree their support should be improved/reinforced
Money is made by sitting, not trading
  • #10,098
  • Aug 12, 2022 12:22pm Aug 12, 2022 12:22pm
Quoting ohyeah
{quote} Even if they're uneducated kids, the hired support staff could just copy and paste information. That would at least show that they care which is something they as a business owe to their customers especially in this type of business where money is involved.
I believe they tried at their very beginnings. But as their customer base grew up and all those kids started crying about every 1pip slippage during NFP Fridays I guess they just gave up. Which is not good, but it is how it is. As I said, I agree they should improve and be more communicative at least in situations like this
Money is made by sitting, not trading
  • #10,099
  • Aug 12, 2022 12:23pm Aug 12, 2022 12:23pm
Quoting Capablanca
Prop firms seem mushrooms. They pop up everywhere. Saw another 2 mentioned in a group (I think none of them was mentioned before in the discoveries of our Sherlock TrAndy, if so pardon me) https://theconcepttrading.com.au/ https://funding.breakfreetrading.com/ Disclaimer: I didn't bother in analyzing them. Just found funny how every week we bump into new firms.
So I've crunched some numbers on the first one and it looks quite good from stage 3 upwards. Initially you're behind but then at later stages you'll make up for it. By the end you'll make 40.8k with TCT vs 5.3k on your own, plus you'll have a 500k (25k in real terms) account with a 90% split. Of course you'll have to flip your account 8 times for it but as I see FF is filled with super-traders so that shain't gonna be no problem, is it?
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  • #10,100
  • Aug 12, 2022 12:41pm Aug 12, 2022 12:41pm
Quoting Capablanca
Prop firms seem mushrooms. They pop up everywhere. Saw another 2 mentioned in a group (I think none of them was mentioned before in the discoveries of our Sherlock TrAndy, if so pardon me) https://theconcepttrading.com.au/ https://funding.breakfreetrading.com/ Disclaimer: I didn't bother in analyzing them. Just found funny how every week we bump into new firms.
The second one is terrible. If you look at the target it's actually a 12% target to level up with a 4% dd. You'll pay 550 for a 400 DD initially, so that doesn't look promising. And sure enough by the top level you'll get a 204k split vs a 169 million balance on your own. Even the first step you'll get 0 vs making 825 out of your initial 550. Level 2 is 450 split vs 2063 on your own...

This all looks like the 5ers' Bootcamp but nowhere in this "break free" program you'll be ahead of an own account. With the 5ers at least the first few stages are good enough so you can learn to discipline yourself with minimal risk.
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