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  • #22,301
  • Sep 20, 2023 10:42am Sep 20, 2023 10:42am
Quoting KarlKraus
{quote} Astonishing: you've been here over 14 years and made over 8,000 posts, yet you have absolutely no clue what's happening, or why, or what the jurisdiction of the court is, but that still doesn't dissuade you from expressing an "opinion" even without understanding any of the facts on which one might be based!
  • #22,302
  • Sep 20, 2023 10:46am Sep 20, 2023 10:46am
Quoting Takisd
{quote} Maven guy? I don't know what he is to me, something i'd scrape off my shoe probably. TFT discord is filled with people complaining about not being paid since almost 15 days ago, a lot of them are being banned from discord. Its seeped into twitterverse now as well. If you got paid its great, make sure its in your bank because the way things are going, who knows what is there tomorrow. FXSeed, never forget.
what happened with fxseed? i saw this firm some time ago but never look it up anymory, was it closed?
  • #22,303
  • Sep 20, 2023 10:47am Sep 20, 2023 10:47am
Quoting donfriday
{quote} ftmo swing and no swing...i want to trade the way i want ...i just want to keep mind of the DD.. i am doing a challenge with citytrader
Make note of stop loss rule in cit trader.

within 1 minute you must place stop loss
Intraday only.
  • #22,304
  • Sep 20, 2023 10:49am Sep 20, 2023 10:49am
Quoting DeltaCapital
{quote}what happened with fxseed? i saw this firm some time ago but never look it up anymory, was it closed?
Scammed and then TFT was formed.
  • #22,305
  • Sep 20, 2023 10:49am Sep 20, 2023 10:49am
Quoting Takisd
{quote} Maven guy? I don't know what he is to me, something i'd scrape off my shoe probably. TFT discord is filled with people complaining about not being paid since almost 15 days ago, a lot of them are being banned from discord. Its seeped into twitterverse now as well. If you got paid its great, make sure its in your bank because the way things are going, who knows what is there tomorrow. FXSeed, never forget.
They initially fail you by large slippage.

If you get away with slippage by your smartness, they do not pay your profits.

ha..ha..
Intraday only.
  • #22,306
  • Sep 20, 2023 10:50am Sep 20, 2023 10:50am
Quoting pipmaster77
{quote} The question is why? If one does not violate daily or overall DD and you are not tick scalping, arb, HFT or any other possible cheating? Martingale and grid is NOT CHEATING and when one trades small enough, it can actually be very effective. I trade pivots, for example, I may enter at the 61, again at the 78 and again at the 100.......the latter ones should be heavier as the farther away price goes, the grester the probability of it returning to mean. I also use ADR, obviously if an istrument goes 1.5 or 2x ADR, yes, I am going heavier....
I'm still a newbie here. But Martin gale is something ive tested a lot and it is still today after all tests the best, the most reliable trading method I've encountered. But also the most slow and painful. But still the best. When I started to see prop firms banning Martin gale I became just speechless 6 months or so ago. To me it made sense as you noticed. That prop firms fear the Martin Gale most of them all since its the most reliable. But still takes time to master. If all retail traders would become very good at Martin Gale trading the whole current scum prop firm industry would collapse in an instant. Since suddenly not that many would be losers anymore.

Retail traders got it rough. Up against scum prop firms, normal forex brokers "licensed" having slippages high as mount everest. Regulators taking away the only hope Retail traders had MFF albeit scummy too but the least. So us sharing the little we have learned is the least we can do. Since our trading techniques wont affect the market. Only in most severe case affect the scum prop firms.
  • #22,307
  • Sep 20, 2023 10:51am Sep 20, 2023 10:51am
Quoting navk
{quote} Make note of stop loss rule in cit trader. within 1 minute you must place stop loss

i trade with SL i measure my trades before i get it so i am just fine with it.
MY OPINION NOT FINANCIAL ADVISE
  • #22,308
  • Sep 20, 2023 10:51am Sep 20, 2023 10:51am
Quoting Takisd
As we continue through these discussions we quickly see why FTMO and MFF were the leaders for so long. If they were the only two firms, we would only be looking at information like "does it pay". Like the good old days. Now we are talking about definitions of dollar cost averaging and people changing rules all the time and prop firm CEO's talking like women are slaves and must "deserve you" (Maven).
and as I used to say over and over and over........don't use the other firms, it will bring unwarranted attention to the space.......
would MFF still be aroiund if all of these other firms didn't pop up? I don't know for sure, but, IMO, all of this social media , firms popping up every day, coupons, etc. brought way too much attention......
Nobody wanted to listen.....but this firm has 5 more days and this firm has 0.25% more DD and on and on.........and here we are
Trading is hard enough, should not ned to worryt about ehether or not you're going to get paid.
  • #22,309
  • Sep 20, 2023 10:54am Sep 20, 2023 10:54am
Quoting KarlKraus
{quote} Astonishing: you've been here over 14 years and made over 8,000 posts, yet you have absolutely no clue what's happening, or why, or what the jurisdiction of the court is, but that still doesn't dissuade you from expressing an "opinion" even without understanding any of the facts on which one might be based!



pls write a book about whats happening...
MY OPINION NOT FINANCIAL ADVISE
  • #22,310
  • Sep 20, 2023 10:57am Sep 20, 2023 10:57am
Quoting donfriday
{quote} pls write a book about whats happening...
I am sure he could, but by the time its done you would have already sent out the lynch mob.
  • #22,311
  • Sep 20, 2023 11:08am Sep 20, 2023 11:08am
Quoting Nsak3y
{quote}-Probably, some here already know about this, but one big youtuber has since separated himself from securethebag after initially promoting (partnering?) with them. I have not checked to see if he has given his reasoning yet, but it seemed not good when he was talking about it.
Yep, I saw it as well
https://twitter.com/TraderBach/statu...05241057456403
  • #22,312
  • Sep 20, 2023 11:10am Sep 20, 2023 11:10am
Quoting Takisd
As we continue through these discussions we quickly see why FTMO and MFF were the leaders for so long. If they were the only two firms, we would only be looking at information like "does it pay". Like the good old days. Now we are talking about definitions of dollar cost averaging and people changing rules all the time and prop firm CEO's talking like women are slaves and must "deserve you" (Maven).
200%
  • #22,313
  • Sep 20, 2023 11:29am Sep 20, 2023 11:29am
Quoting Takisd
As we continue through these discussions we quickly see why FTMO and MFF were the leaders for so long. If they were the only two firms, we would only be looking at information like "does it pay". Like the good old days. Now we are talking about definitions of dollar cost averaging and people changing rules all the time and prop firm CEO's talking like women are slaves and must "deserve you" (Maven).
Oh well, but it's much more entertaining now in twitter and telegram. Even this topic. We miss a day or two and we are completely outdated. Not to speak about the emotion "will I receive the payout or not ?". We receive and the champagne bottle is opened.

Regulators were able to pick the least crook guys. Why ? Because they were the biggest. Why were they the biggest ones ? Because they were the least crooks.
  • #22,314
  • Sep 20, 2023 11:31am Sep 20, 2023 11:31am
Quoting Takisd
Oh boy there are a lot of TFT not paying out complaints going on right now. And of course, subsequent banning from discord.
Oh no this is devastating. I am due for my impressive 2-figure payout on my 10K rapid account tomorrow.

That's a 10-gallon tank of gas where I live. Guess I'll be walking to the store this month
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Pride always comes before destruction.... -Proverbs 16:18
  • #22,315
  • Sep 20, 2023 11:38am Sep 20, 2023 11:38am
Quoting TrAndy1
Okay this is official crowd opinion here of still legit prop firms. 1. FTMO 2. FXIFY 3. ACG 4. Tradingpit 5. 5ers 6. ....?
I haven't used them in a couple of years but IMO City Traders Imperium is still squeaky clean.
Pride always comes before destruction.... -Proverbs 16:18
  • #22,316
  • Sep 20, 2023 12:10pm Sep 20, 2023 12:10pm
Quoting Capablanca
{quote} Oh well, but it's much more entertaining now in twitter and telegram. Even this topic. We miss a day or two and we are completely outdated. Not to speak about the emotion "will I receive the payout or not ?". We receive and the champagne bottle is opened. Regulators were able to pick the least crook guys. Why ? Because they were the biggest. Why were they the biggest ones ? Because they were the least crooks.
Its kinda as if they almost knew what would happen.
The ones left would scramble and treat the clients more crap than ever to up the last pieces of coins they can get before they are shutdown. Apart from the oldest prop firms. High risk atm to invest in prop firms for sure. As others mentioned here the usual reliable ones would be safest.
  • #22,317
  • Sep 20, 2023 12:17pm Sep 20, 2023 12:17pm
Quoting Expo33
{quote} Oh no this is devastating. I am due for my impressive 2-figure payout on my 10K rapid account tomorrow. That's a 10-gallon tank of gas where I live. Guess I'll be walking to the store this month {image}
You will get it to make sure that the payout certificates are spread far and wide... nothing to see here.
  • #22,318
  • Sep 20, 2023 12:17pm Sep 20, 2023 12:17pm
-_-
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  • #22,319
  • Sep 20, 2023 12:22pm Sep 20, 2023 12:22pm
Tradernok has published the information I was eluding to yesterday. MFF submitted an argument to amend the TRO and request relief as well as assistance managing chargebacks (as they can't manage anything and chargebacks are against the TRO - receiver ignored them).

Its a pretty strong motion CFTC has to provide argument as to why it shouldn't be granted other than maybe staff costs.
  • #22,320
  • Sep 20, 2023 12:24pm Sep 20, 2023 12:24pm
Quoting pipmaster77
{quote} The problem is people stopped buying challenges. As we all know, no challenge money= no payouts. It is all coming tumbling down. CFTC 1, Traders 0.


Howdy Pipmaster77, How are ya, buddy? Who are you propping with at the moment. All I see is FTMO for US folks and not sure how long that is going to last. Thanks to the other folks here.. I am ignoring TFT. What options are there in your opinion for US folks in terms of props for the time being?
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