-Whatever that means. Doubtful that such a move will provide the kind of benefit that he is hoping for.

-The title of independent contractor is only applicable if we are providing a service (e.g. our trading data is actually being utilized to generate capital), which is not the case, most of the time. But I think that regardless of whether or not we ...

-Yes, but this all leads back to this idea that props are wanting their cake and eating it too. Many props are being selective with their rules/enforcement, and only applying them when it benefits them to do so, in lieu of applying the same rules to ...

-I'm not sure. This new policy will allow them to banish 'high-risk traders/gamblers' and account churning. This would seem very counterproductive, hence the shooting of the foot comment. I expect that TFTP will be very selective about this, though, ...

-TFT are shooting themselves in the foot with this.

Happy Thanksgiving, everyone.

-You have to if you are scalping; same thing with spreads/commissions etc.. But if you really want to go with a specific firm, then you may not have much choice. If you are doing automated trading, then you should consider using a VPS that is ...

-Not likely for US citizens.

-I like to think that by having some form of proof, you are afforded more leverage, even if you never have any real intentions on formally acting on that leverage in any legal capacity. And at the very least, you can blast them online and expose ...

-Speaking about trust and integrity, some firms may also go back on their word and change their policies at the drop of a hat (oftentimes, without even updating their customer base). Traders With Edge did this. Maybe some will honor the terms if you ...

-Maybe the clock starts once you are 'approved' or stops if an 'investigation' is required. Anyone interested in this firm should seek clarification, for sure. Cannot trust these firms with much.

-I believe in hard work. I think that it builds character and is important. But I also believe that things need to change. We cannot continue on this path. There are things that can be done, right now, to help reduce costs. We can start by passing ...

-As you know, this tactic is part of their playbook. They will not be held accountable. All they needed was reasonable suspicion, and even that can be fabricated. But good luck proving anything. The trading community here in the states is already ...

-Maybe. But I prefer to give people the benefit of the doubt in lieu of making judgments based on assumptions. For example, I could have joined in when so many here have made judgments about you, but I do not know you or anything about your ...

-He's offering it for free.

-Metaquotes CEO has publicly stated the following (on 2023/06/02): When asked what 'End of Life' means, he stated the following: Who knows what will really happen, or how this will play out in terms of brokerage offerings etc.. That being said, I ...

-As mentioned, I am proposing that the model be changed so that firms do not have to cheat. For the math, I am referring to the simple math that would be required to determine the long-term sustainability of a prop, based on the fee structure and ...

-Yes. I do believe that even with a fee-based model, sustainability should be possible. The statistics are clear. So long as the fee structure is recurring and the firm can cap monthly payouts, then it should work, in theory. This assumes that the ...

-We can only speculate, really. Until someone tries something new, we may never know. But math does not lie and the statistics are clear. So long as a firm can generate more inflow than outflow, then the model should be sustainable; 3rd-party ...

-Because, eventually, word will keep getting out about so-and-so firms denying payment and/or banning profitable traders etc. until there are no reputable firms left and the entire space becomes a ghost town. If changing the model ensures long-term ...