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FTMO - For serious traders

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  • Post #8,141
  • Quote
  • Nov 21, 2021 8:42am Nov 21, 2021 8:42am
  •  PipsFestival
  • | Commercial Member | Joined May 2015 | 654 Posts
FTMO or other prop firm is just rubbish. Surely scammers business trying to make money with their own game.

Anyway if you are a good trader, you don't need such deal.

Start with 2K€ and in 9 years you are Millionnaire with 100% profit/year. Think about it... it's not even 10%/month Like 0.5% per day !!!

Year 1 : 2K to 4K
Year 2 : 4K to 8K
...
Year 9 : 512 to 1 000K

I'm on the way and you guys should join today !!! Anyway, see you in 9 years : )
 
2
  • Post #8,142
  • Quote
  • Nov 21, 2021 8:58am Nov 21, 2021 8:58am
  •  pipmaster77
  • Joined May 2016 | Status: Member | 2,615 Posts
Quoting PipsFestival
Disliked
FTMO or other prop firm is just rubbish. Surely scammers business trying to make money with their own game. Anyway if you are a good trader, you don't need such deal. Start with 2K€ and in 9 years you are Millionnaire with 100% profit/year. Think about it... it's not even 10%/month Like 0.5% per day !!! Year 1 : 2K to 4K Year 2 : 4K to 8K ... Year 9 : 512 to 1 000K I'm on the way and you guys should join today !!! Anyway, see you in 9 years : )
Ignored
Great numbers and if you perform like that and max out MFF and FTMO, you will have earned 9 million in 9 years. It is only 9 times more than your model. Of course, your million isn't withdrawable either, as you need to keep it in there to keep earning your 100% per year. If you do not withdrawal the million per year you will be earning as of year 10, somewhere around year 13, you will catch up. Good Luck!!!

I personally only aim for around 4-6% per month, I was just using the above to compare apples to apples with your ROI.
 
6
  • Post #8,143
  • Quote
  • Nov 21, 2021 12:34pm Nov 21, 2021 12:34pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,572 Posts
Quoting PipsFestival
Disliked
FTMO or other prop firm is just rubbish. Surely scammers business trying to make money with their own game. Anyway if you are a good trader, you don't need such deal. Start with 2K€ and in 9 years you are Millionnaire with 100% profit/year. Think about it... it's not even 10%/month Like 0.5% per day !!! Year 1 : 2K to 4K Year 2 : 4K to 8K ... Year 9 : 512 to 1 000K I'm on the way and you guys should join today !!! Anyway, see you in 9 years : )
Ignored
i think you win the the award for most rubbish.
Attached Image
 
3
  • Post #8,144
  • Quote
  • Nov 21, 2021 1:08pm Nov 21, 2021 1:08pm
  •  PipsFestival
  • | Commercial Member | Joined May 2015 | 654 Posts
Quoting Takisd
Disliked
{quote} i think you win the the award for most rubbish.{image}
Ignored
It doesn't take long at ForexFactory for the first frustrated person to appear.
You'll be able to talk the day you can post your live performance in real time. Then you'll be crying to reach my level. 90% of traders lose and you're one of them... you can smell it!

A drawdown of 20% for a swing trading algo... that seems quite acceptable to me....By the way, the most followed account on mql5 suffered with a drawdown of 45% and yet it has more followers (328) than profit you make in a year.

you can spend your time showing your frustration, but numbers are numbers and they speak against you.

I look forward to seeing your posts year after year. You'll see me climb and you'll struggle to admit to yourself how you're nothing compared to the 10% who are successful.
 
1
  • Post #8,145
  • Quote
  • Nov 21, 2021 1:54pm Nov 21, 2021 1:54pm
  •  Paulscaff1
  • Joined Feb 2021 | Status: Member | 637 Posts
Quoting PipsFestival
Disliked
FTMO or other prop firm is just rubbish. Surely scammers business trying to make money with their own game. Anyway if you are a good trader, you don't need such deal. Start with 2K€ and in 9 years you are Millionnaire with 100% profit/year. Think about it... it's not even 10%/month Like 0.5% per day !!! Year 1 : 2K to 4K Year 2 : 4K to 8K ... Year 9 : 512 to 1 000K I'm on the way and you guys should join today !!! Anyway, see you in 9 years : )
Ignored
If your not into FTMO, or Prop firms in general........... then WTF are you doing in this thread?

Failed your challenge I take it
 
2
  • Post #8,146
  • Quote
  • Nov 21, 2021 2:24pm Nov 21, 2021 2:24pm
  •  PipsFestival
  • | Commercial Member | Joined May 2015 | 654 Posts
Quoting Paulscaff1
Disliked
{quote} If your not into FTMO, or Prop firms in general........... then WTF are you doing in this thread? Failed your challenge I take it
Ignored
Another frustrated trader who can't read... yet the answer to your question is in my post.
Come on, one more little effort and you will almost succeed in being positive this month. You have 9 days left to do it on your demo account!

As long as you're doing the demo, you shouldn't tell the pros what they're doing here.
You are not a humble, respectful person... that's why you can't win at trading.

FTMO makes money because they know that all the newbies who don't know how to trade at all will try their luck 100 times on the challenge demo accounts. FTMO spots losers like you, and then they trade for real on their side the opposite of you... that's how they win.
They are nothing more or less than a broker => Book A vs Book B (probably something you never heard about)

Frustrated with trading... Is this what you want?
 
 
  • Post #8,147
  • Quote
  • Nov 21, 2021 2:42pm Nov 21, 2021 2:42pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,572 Posts
Quoting PipsFestival
Disliked
{quote} It doesn't take long at ForexFactory for the first frustrated person to appear. You'll be able to talk the day you can post your live performance in real time. Then you'll be crying to reach my level. 90% of traders lose and you're one of them... you can smell it! A drawdown of 20% for a swing trading algo... that seems quite acceptable to me....By the way, the most followed account on mql5 suffered with a drawdown of 45% and yet it has more followers (328) than profit you make in a year. you can spend your time showing your frustration,...
Ignored
ahaha another scammer with an attitude...
 
2
  • Post #8,148
  • Quote
  • Nov 21, 2021 2:57pm Nov 21, 2021 2:57pm
  •  Paulscaff1
  • Joined Feb 2021 | Status: Member | 637 Posts
Quoting PipsFestival
Disliked
{quote} Another frustrated trader who can't read... yet the answer to your question is in my post. Come on, one more little effort and you will almost succeed in being positive this month. You have 9 days left to do it on your demo account! As long as you're doing the demo, you shouldn't tell the pros what they're doing here. You are not a humble, respectful person... that's why you can't win at trading. FTMO makes money because they know that all the newbies who don't know how to trade at all will try their luck 100 times on the challenge demo...
Ignored
get a grip of yourself mate.
 
 
  • Post #8,149
  • Quote
  • Nov 21, 2021 4:24pm Nov 21, 2021 4:24pm
  •  Nsak3y
  • Joined May 2020 | Status: Classified | 980 Posts
Quoting PipsFestival
Disliked
A drawdown of 20% for a swing trading algo... that seems quite acceptable to me....
Ignored
-Maybe you can convince some newbie traders or other fools that are eager to lose their money with this nonsense, but no professional trader or semi-intelligent person will take you seriously. Anything else that you say about trading after making this statement will most likely fall on deaf ears. The fact that you are not able to see the benefit that these firms offer is reason enough for most to disregard you. I agree with Paulscaff1 about questioning your presence here.
 
2
  • Post #8,150
  • Quote
  • Nov 21, 2021 5:28pm Nov 21, 2021 5:28pm
  •  PipsFestival
  • | Commercial Member | Joined May 2015 | 654 Posts
Quoting Nsak3y
Disliked
{quote}-Maybe you can convince some newbie traders or other fools that are eager to lose their money with this nonsense, but no professional trader or semi-intelligent person will take you seriously. Anything else that you say about trading after making this statement will most likely fall on deaf ears. The fact that you are not able to see the benefit that these firms offer is reason enough for most to disregard you. I agree with Paulscaff1 about questioning your presence here.
Ignored
You too are blind, even with a link you ask the same question... and you talk about intelligence? How do you expect to pass a trading competition with such a poor foundation.

Have you been funded?

You should spend more time learning the fundamentals of trading rather than writing here when you know nothing.

FTMO just gives the illusion that they are there for you but when you get funded you'll understand better. That is, if you get to that stage!

In short, I prefer to talk to the FTMO team rather than those who foolishly question my presence here.

Hopefully things will be interesting from now
 
1
  • Post #8,151
  • Quote
  • Nov 21, 2021 5:50pm Nov 21, 2021 5:50pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,572 Posts
Quoting PipsFestival
Disliked
{quote} You too are blind, even with a link you ask the same question... and you talk about intelligence? How do you expect to pass a trading competition with such a poor foundation. Have you been funded? You should spend more time learning the fundamentals of trading rather than writing here when you know nothing. FTMO just gives the illusion that they are there for you but when you get funded you'll understand better. That is, if you get to that stage! In short, I prefer to talk to the FTMO team...
Ignored
You keep dropping hyperlinks in here. I am just collecting them to pass to Twee. Make your own thread to push your garbage and stop polluting this space. To answer your hyperlinked attempt to luring newbies to give you money, yes I am funded, at multiple firms and I sure as hell don't have a 20% drawdown anywhere ever.

You are a scammer and you should be called out as such. You can paint a horse with stripes but its still a horse.
 
3
  • Post #8,152
  • Quote
  • Nov 21, 2021 5:55pm Nov 21, 2021 5:55pm
  •  Paulscaff1
  • Joined Feb 2021 | Status: Member | 637 Posts
Quoting PipsFestival
Disliked
{quote}I prefer to talk to the FTMO team rather than those who foolishly question my presence here.
Ignored
The FTMO team will likely tell you f#ck off aswell.

In the meantime........ you will just have to deal with us
 
 
  • Post #8,153
  • Quote
  • Nov 21, 2021 7:17pm Nov 21, 2021 7:17pm
  •  PipsFestival
  • | Commercial Member | Joined May 2015 | 654 Posts
Demo trader claiming being funded by multiples prop firm.

You are the scammer :
#NoProof #Transparency #RealTime #Myfxbook #LiveAccount
 
 
  • Post #8,154
  • Quote
  • Edited 9:34pm Nov 21, 2021 9:23pm | Edited 9:34pm
  •  JotaP
  • | Membership Revoked | Joined Feb 2021 | 804 Posts
On one side we have another moron made mentor, with modest results and huge drawdown.

On the other side we have a small number of individuals that boast long term benefits from a system that has reportedly been causing technical inefficiencies to break funded accounts on purpose, that has Terms & Conditions that leave ample discretionary space to proceed any way they want and that does not explain clearly how they finance existing traders, leaving real suspicions that most if not all the proceeds come from new subscribers.
Follow your guts, if you want to lose your money...
1
 
  • Post #8,155
  • Quote
  • Nov 22, 2021 2:13am Nov 22, 2021 2:13am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting JotaP
Disliked
On one side we have another moron made mentor, with modest results and huge drawdown. On the other side we have a small number of individuals that boast long term benefits from a system that has reportedly been causing technical inefficiencies to break funded accounts on purpose, that has Terms & Conditions that leave ample discretionary space to proceed any way they want and that does not explain clearly how they finance existing traders, leaving real suspicions that most if not all the proceeds come from new subscribers.
Ignored
I know which side i would rather be on especially if i have not been affected by such vaguely reported technical inefficiencies nor seen anyone who has been denied funding for any discretionary reason.

It's easy for negatively biased people to write off or ignore all the positive reports regardless of how much they are and instead choose to exalt the negative ones which barely ever show any proof of foul play other than "Trust me bro, i traded well, they just scammed me".
Even all the top forex brokers with millions of dollars in daily trading volume still have such reviews....so what?

Every potentially profitable opportunity has some risks, but if the risks are grossly insignificant when compared to the potential rewards, then either take advantage of those opportunities or sit on the sidelines and enjoy feeling like the smartest person in the room at the expense of what could be.
 
2
  • Post #8,156
  • Quote
  • Nov 22, 2021 3:02am Nov 22, 2021 3:02am
  •  PaulMF
  • Joined Apr 2020 | Status: Member | 862 Posts
Quoting PipsFestival
Disliked
{quote} It doesn't take long at ForexFactory for the first frustrated person to appear. You'll be able to talk the day you can post your live performance in real time. Then you'll be crying to reach my level. 90% of traders lose and you're one of them... you can smell it! A drawdown of 20% for a swing trading algo... that seems quite acceptable to me....By the way, the most followed account on mql5 suffered with a drawdown of 45% and yet it has more followers (328) than profit you make in a year. you can spend your time showing your frustration,...
Ignored
That's the point. Because there are many real options with less restrictions and more rewarding, like mql5.com website, to attract funds, why do we have to believe what some "traders" tell here?

We never see proof of their performance.
Always ready to help
 
 
  • Post #8,157
  • Quote
  • Nov 22, 2021 3:05am Nov 22, 2021 3:05am
  •  PaulMF
  • Joined Apr 2020 | Status: Member | 862 Posts
Quoting Paulscaff1
Disliked
{quote} The FTMO team will likely tell you f#ck off aswell. In the meantime........ you will just have to deal with us
Ignored
Because PipsFestival is politely sharing personal opinions about some "trading" issues. Why don't you try the same approach?
Always ready to help
 
 
  • Post #8,158
  • Quote
  • Nov 22, 2021 3:09am Nov 22, 2021 3:09am
  •  PaulMF
  • Joined Apr 2020 | Status: Member | 862 Posts
Quoting Nsak3y
Disliked
{quote}-Maybe you can convince some newbie traders or other fools that are eager to lose their money with this nonsense, but no professional trader or semi-intelligent person will take you seriously. Anything else that you say about trading after making this statement will most likely fall on deaf ears. The fact that you are not able to see the benefit that these firms offer is reason enough for most to disregard you. I agree with Paulscaff1 about questioning your presence here.
Ignored
I'm intelligent and professional in the field, and I take PipsFestival seriously. The most questioning presence here is yours: Prop Firm Hub | Page 269 | Forex Factory
Always ready to help
 
 
  • Post #8,159
  • Quote
  • Nov 22, 2021 3:16am Nov 22, 2021 3:16am
  •  JotaP
  • | Membership Revoked | Joined Feb 2021 | 804 Posts
Quoting Koop
Disliked
{quote} I know which side i would rather be on especially if i have not been affected by such vaguely reported technical inefficiencies nor seen anyone who has been denied funding for any discretionary reason. It's easy for negatively biased people to write off or ignore all the positive reports regardless of how much they are and instead choose to exalt the negative ones which barely ever show any proof of foul play other than "Trust me bro, i traded well, they just scammed me". Even all the top forex brokers with millions of dollars in daily trading...
Ignored
I know I am waisting my time, major prop firms will not make a move to change anything until they are out. But what I said is undeniable, if I were in their place I would care.
Follow your guts, if you want to lose your money...
 
 
  • Post #8,160
  • Quote
  • Nov 22, 2021 3:41am Nov 22, 2021 3:41am
  •  PaulMF
  • Joined Apr 2020 | Status: Member | 862 Posts
Quoting Takisd
Disliked
{quote} You keep dropping hyperlinks in here. I am just collecting them to pass to Twee. Make your own thread to push your garbage and stop polluting this space. To answer your hyperlinked attempt to luring newbies to give you money, yes I am funded, at multiple firms and I sure as hell don't have a 20% drawdown anywhere ever. You are a scammer and you should be called out as such. You can paint a horse with stripes but its still a horse.
Ignored
You are collecting what? To pass them to...?

Collecting links...

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FTMO relatives....
Always ready to help
 
 
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