If I am an american (other than my degenerate friend Expo) I would suggest not buying a prop account until things are a bit more clear.
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
DislikedIf I am an american (other than my degenerate friend Expo) I would suggest not buying a prop account until things are a bit more clear.Ignored
DislikedIf I am an american (other than my degenerate friend Expo) I would suggest not buying a prop account until things are a bit more clear.Ignored
Disliked{quote} relocate to offshore broker jurisdictions + own servers + dx trade/trade locker platform + crypto payment processors... possible battle plan?Ignored
Disliked{quote} properly managed 500:1 simply reduces the unprotected margin you must deposit at a broker. Example, i wish to trade 1 lot of gbpusd with a 30 pip stop.......i am risking $300 in us, i must put up $5,000(unprotected) in margin to execute this trade or i can place $100 each at 5 500:1 brokers and execute .2 lot at each now you tell me, which is better risk mitigation? You pro-regulation folks need to stop with the blanket assumption that nobody knows how to manage leverage and risk and we must all be "protected" from it......it's complete...Ignored
DislikedThe US funding companies are pretty much done if they're forced by the brokers to ban US residents regardless of meta/ctrader/dxtrade being offered. They make the investments to act as their own broker with their own servers like ftmo/tff/mff and here comes the CFTC.Ignored
Disliked{quote} I think most of the props are sh*ting their pants in having US people on board. And anyone should be worried about the other ones that welcome americans. For now US people better to start learning to trade future with trailing stop.Ignored
Dislikedrelocate to offshore broker jurisdictions + own servers + dx trade/trade locker platform + crypto payment processors... possible battle plan?Ignored
DislikedFTMO banned not just US, but India as well. On the other hand most of the prop firms targetting India, Pakistan countries like that because people from these countries don't know that much how to make money in trading and they lose more, but on the other hand US consists of people who are more minded and who are into trading from a very long and US people want to make rich quick, most of the flipping account videos $100 to $100K are from US youtubers and traders. I am not intended to say anything bad about any country but this is what i have noticed....Ignored
DislikedBlueberry is done as well for US, its not just purple. Given the hubbub thats going on, I wouldn't be surprised if there is an influx in regulatory complaints coming from consumers now in many jurisdictions. Its the last thing people want as the action will be worse.Ignored
Disliked{quote} I'm fully prepared to survive with 5 offshore broker accounts + personal futures accounts @ AMP & TDA + Futures funding accounts @ Apex & Bulenox... but this fallout is still really sad & stings, however we knew this day was eventually coming.Ignored
DislikedGood thing I didn't start my plan to take challenges with 10-15 funding companies similar to Monty... there is lot's of US, FXPX, Purple/Blueberry/Thinkmarkets/8cap exposure in that 10-15 group.Ignored
Disliked{quote} I am as well. However, are you concerend regarding Metaquotes pulling the licenses of the offshores we use? Or just assuming they will migrate to another platform?Ignored
DislikedFTMO banned not just US, but India as well. On the other hand most of the prop firms targetting India, Pakistan countries like that because people from these countries don't know that much how to make money in trading and they lose more, but on the other hand US consists of people who are more minded and who are into trading from a very long and US people want to make rich quick, most of the flipping account videos $100 to $100K are from US youtubers and traders. I am not intended to say anything bad about any country but this is what i have noticed....Ignored