Prop Firm Hub

Quoting Takisd

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I dont think people realize that most of their favorite prop firms right now are having significant financial stress. The vast majority of in-flows are people trying to game the system and inflating numbers on the income and the outgoing. Soon these props will start mass banning because of these groups and the reputation will get ruined on social media and they will go under. They HAVE to combat these groups to survive so that people who actually want to trade and not just attack props revenue streams can have the opportunity. The problem is we...

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Quoting Capablanca

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I think this is the MFFU case that was mentioned this morning. https://twitter.com/FCatalan16/statu...80368166273220

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Quoting Capablanca

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{quote} I semi-agree with you. Not fully because I still see props blaming gambling behavior, which is not sustainable, bla bla bla But I don't see them taking measures towards sustainability and make life difficult for gamblers like: - Reduce max allocation - No more than 1:10 leverage - Real execution fills during news (no news rules were needed) - Not allowing that 50% or 60% of the profit is coming from a single trade - Etc. They blame trader but are too incompetent or too afraid to implement rules to combat everything they blame people for....

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Quoting youngD

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{quote} Totally agree, model become sick. Dumping prices promotions no time limit, prop firms focused only on incomes, now industry stopped growing, it's too much props and probleme started. The main problem is they don't need profitable traders at all, so how to eat cake and have the cake.

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Quoting Southeast

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{quote} Prove it. For all of us to see.

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Quoting youngD

Disliked

I think the problem is prop space is not investing it's gambling. Because if it's all about income not having good traders it's no different than lottery. Actually i got idea. Prop firms could do it totally different way. Make competitions (they already do it) with real money buy ins, every trader who join choose his entry level, total amount of buy ins go to pool. Prop company take fee from every trader provides demo accounts and pay winners who achieve best result in given time. This is proven model on any other gambling industries. We could have...

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Quoting LehmanBrotha

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{quote} https://i.gyazo.com/485f7d57b40ffe53...56d553d27e.png Now go back to the real market conditions hole you have crawled out from.

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Quoting Southeast

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{quote} Show a last trade with date on their website. Just so you didn't blow it.

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Quoting pipmaster77

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{quote} Like a poker tourney.....buy-in plus the fee, firm keeps the fee, the prize pool is split among the top 10-15%.

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Quoting woody70

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Well I'm still trading props. Found a couple other offshore brokers that will work with me cause I have a European visa as an American. I know money can be made in futures I just have no desire to learn anything else at my age, and I don't need much. I'll keep searching for other alternatives until none are left.

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Quoting Capablanca

Disliked

{quote} I semi-agree with you. Not fully because I still see props blaming gambling behavior, which is not sustainable, bla bla bla But I don't see them taking measures towards sustainability and make life difficult for gamblers like: - Reduce max allocation - No more than 1:10 leverage - Real execution fills during news (no news rules were needed) - Not allowing that 50% or 60% of the profit is coming from a single trade - Etc. They blame trader but are too incompetent or too afraid to implement rules to combat everything they blame people for....

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Quoting LehmanBrotha

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{quote} I have no intentions of going down the doxxing rabbit hole since you belong to a category of those who can never be satisfied. Always one more step. As I said, return to your US-sponsored real market conditions on Oanda and Forex.com and leave adults to play with props. You add 0 value to the thread and question concepts that have already been long acknowledged in 1770+ pages. Have fun on the ignore list.

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Quoting woody70

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Well I'm still trading props. Found a couple other offshore brokers that will work with me cause I have a European visa as an American. I know money can be made in futures I just have no desire to learn anything else at my age, and I don't need much. I'll keep searching for other alternatives until none are left.

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Quoting Expo33

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Just paid my monthly 38 Euro fee to stay in the Darwinex Silver program. I was under the impression that you basically had one chance to show a consistent trading history to obtain seed capital from Darwinex and then ultimately obtain 3rd party investor capital. But the I accidentally stumbled onto some info about resetting accounts as seen below {image} And the immediate and natural result of this new information can be seen in my trade explorer. {image} But seriously, it's nice to know you can start all over with the 2 week calibration...

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