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  • #8,881
  • Jun 29, 2022 5:29pm Jun 29, 2022 5:29pm
Quoting Capablanca
A note that TFF created a topic here and abandoned it after just a few weeks. I guess they don't feel FF is any relevant for them.
-They were also getting a lot of criticism for their no-scalping policy and withdrawals.
  • #8,882
  • Jun 29, 2022 5:50pm Jun 29, 2022 5:50pm
I forgot about ment. Went to take a look-see. Saw this (note I cropped the rest).

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 2 KB

Hard pass, but what am i to expect from something that Blake Olsen is pimping.
  • #8,883
  • Jun 29, 2022 5:57pm Jun 29, 2022 5:57pm
Quoting Takisd
Went to take a look-see. Saw this (note I cropped the rest). {image} Hard pass, but what am i to expect from something that Blake Olsen is pimping.
-The kid running 'Ment' is pretty much everything that you would expect from a kid running a prop firm, and that is putting it kindly.
  • #8,884
  • Jun 29, 2022 8:53pm Jun 29, 2022 8:53pm
Quoting Capablanca
{quote} You're probably right. A note that TFF created a topic here and abandoned it after just a few weeks. I guess they don't feel FF is any relevant for them.
In all fairness, the MFF thread isn't exactly popping either, or FTMO for that matter. The 5%ers is probably the most active thread among all of them. By the way, they just increased the DD on the eval and level 1 to 6%. I think that moves their score from 0.3 to 0.5.
  • #8,885
  • Jun 29, 2022 10:48pm Jun 29, 2022 10:48pm
Quoting Takisd
I forgot about ment. Went to take a look-see. Saw this (note I cropped the rest). {image} Hard pass, but what am i to expect from something that Blake Olsen is pimping.
You can reach me on Telegram @ KramerFx
  • #8,886
  • Jun 30, 2022 1:42am Jun 30, 2022 1:42am
Quoting Takisd
I forgot about ment. Went to take a look-see. Saw this (note I cropped the rest). {image} Hard pass, but what am i to expect from something that Blake Olsen is pimping.
Ment is one of those firms where we don't have to spent much time analyzing, as soon as we see the magic words to discard it immediately: trailing drawdown.
It's like Funded Trading Plus.

I also wanted to test a new firm.
I came to a short list of Finotive Funding, AbilityCapital (Audicity), Funded Next and Blue Guardian Capital. All of them with their flaws so I haven't really decided for any of them.
  • #8,887
  • Jun 30, 2022 1:43am Jun 30, 2022 1:43am
Quoting pipmaster77
{quote} In all fairness, the MFF thread isn't exactly popping either, or FTMO for that matter. The 5%ers is probably the most active thread among all of them. By the way, they just increased the DD on the eval and level 1 to 6%. I think that moves their score from 0.3 to 0.5.

FF isn't the source of much other than insults and scrutiny. There are not many paying customers here. Brokers only advertise because of the backlink effect the site gives due to its traffic which is in general shrinking. If it were me, I wouldn't pay attention here either. Or forexpeacearmy.

But I love you guys
  • #8,888
  • Edited 2:01am Jun 30, 2022 1:44am | Edited 2:01am
Quoting Capablanca
{quote} Ment is one of those firms where we don't have to spent much time analyzing, as soon as we see the magic words to discard it immediately: trailing drawdown. It's like Funded Trading Plus. I also wanted to test a new firm. I came to a short list of Finotive Funding, AbilityCapital (Audicity), Funded Next and Blue Guardian Capital. All of them with their flaws so I haven't really decided for any of them.

The only one that I haven't noped away from in that list is finovative but I dont know anything about them.

The finovative site is just one page? .... I Cant find any rules i cant find what direct funding actually is and what it pays etc.

Ok, so finovative might be worth a punt but their model is not sustainable. There isn't enough time for b-book to work and executing is suicide.
  • #8,889
  • Jun 30, 2022 2:16am Jun 30, 2022 2:16am
Quoting Takisd
{quote} The only one that I haven't noped away from in that list is finovative but I dont know anything about them. The finovative site is just one page? .... I Cant find any rules i cant find what direct funding actually is and what it pays etc.
I only look into challenge models. They have a site with all the FAQs at the bottom and T&C

I haven't rechecked it again but in my notes I have written that they are based in Hungary, metrics are pretty standard (TP1 7.5%, TP2 5%, Max DD 10%, Max daily 5%, Min 5 trading days).
The flaws is not allowing "more than 3 open positions of any lot size on the same instrument at any one time." and this:
"8.7.2 In order to protect our capital, traders who have failed funded accounts on 3 or more occasions will be capped to a profit split of 25%, with no scaling options. When all losses have been covered by Finotive Funding’s 75% profit share, the Trader will be reinstated to full profit split and account scaling options."
Payout I think starts at 75%. The positive point was weekly payouts.

Ability is a challenge model from Audicity which already had direct funding. They're in the market for a long time so I guess it's legit. But expensive, noting that they demand 10% in phase 1 and also 10% in phase 2 and split is only 75%.

Funded Next I didn't find anything particular against and it is biweekly. It seemed standard in my notes but I read here someone saying that "If you double lot size they will deny account. It was not written anywhere in website but I have chatted with online support."
This is not written anywhere in their T&C (it would not affect me because I don't trade like this).

Blue Guardian Capital demands that we make 4% before being able to make a withdraw (and it's not clear if that is only in the first withdraw or forever) and only monthly payout. They don't allow to fulfill the remaining days of the challenge with 0.01 lots if you achieve the target before.
The positive is 85% payout.

These are spare notes, not intended to be a detailed analysis. And didn't check in detail if tehre's payment proofs.

All comes to what we've spoken before: we go out of MFF and FTMO and it's difficult to find anything decent.
  • #8,890
  • Jun 30, 2022 2:17am Jun 30, 2022 2:17am
Quoting Takisd
{quote} But I love you guys
  • #8,891
  • Jun 30, 2022 2:56am Jun 30, 2022 2:56am
Quoting Capablanca
{quote} I only look into challenge models. They have a site with all the FAQs at the bottom and T&C I haven't rechecked it again but in my notes I have written that they are based in Hungary, metrics are pretty standard (TP1 7.5%, TP2 5%, Max DD 10%, Max daily 5%, Min 5 trading days). The flaws is not allowing "more than 3 open positions of any lot size on the same instrument at any one time." and this: "8.7.2 In order to protect...

I think blue guardian is already a confirmed scam.

Fundednext the bonuses are dodgy and their servers keep going down ( I am in their discord spying sometimes because the owners advertising as arrogant ).

Finotive uses some strange broker that i cant find anything on anywhere other than their own wesbite, no reviews nothing.
  • #8,892
  • Jun 30, 2022 2:56am Jun 30, 2022 2:56am
Anyone use The Funded Trades firm ?
I passed phase one from Yesterday, still waiting my account to be review,
  • #8,893
  • Jun 30, 2022 3:00am Jun 30, 2022 3:00am
Quoting Takisd
{quote} FF isn't the source of much other than insults and scrutiny. There are not many paying customers here. Brokers only advertise because of the backlink effect the site gives due to its traffic which is in general shrinking. If it were me, I wouldn't pay attention here either. Or forexpeacearmy. But I love you guys
Yes it's their own Discords where most of the action is at.

But best to quickly sift through it rather quickly, never linger, some of the posts are just plain stupid.

Reminds me of somewhere else !

Masterrmind ...........
Master your Mind then Master your Trades
  • #8,894
  • Jun 30, 2022 3:04am Jun 30, 2022 3:04am
Quoting HengkiTjen
Anyone use The Funded Trades firm ? I passed phase one from Yesterday, still waiting my account to be review,
I recently passed it and took a around 36 hours to get the credentials for phase 2. I would wait until 48 hours.
  • #8,895
  • Jun 30, 2022 3:15am Jun 30, 2022 3:15am
Quoting Masterrmind
{quote} Yes it's their own Discords where most of the action is at. But best to quickly sift through it rather quickly, never linger, some of the posts are just plain stupid. Reminds me of somewhere else ! Masterrmind ...........

Discord is a form of self harm. But in the end, we all get some pleasure from pain.
  • #8,896
  • Jun 30, 2022 6:52am Jun 30, 2022 6:52am
Quoting Capablanca
{quote} I recently passed it and took a around 36 hours to get the credentials for phase 2. I would wait until 48 hours.
Are you still waiting ?
Or already get it ?
  • #8,897
  • Jun 30, 2022 7:37am Jun 30, 2022 7:37am
Quoting HengkiTjen
{quote} Are you still waiting ? Or already get it ?
It was some time ago.
I got it after 36 hours
  • #8,898
  • Jun 30, 2022 10:27am Jun 30, 2022 10:27am
Quoting Takisd
{quote} I guess newbies would tolerate this interview. I cringed harder than I have ever cringed at the trade explanation parts which made 0 sense. If its real, its ok to just say "yeh i was lucky cos of market volatility". MACD.... weekly charts.. prop firm conditions... luck.
I haven't even watched this yet, though have it bookmarked for later...
your take on it is exactly what I am expecting, though, if it's par for almost every other void of sense "explanation" of trades that I've seen...


just catching up on the thread here now and wanted to say how glad I am to have your input here again, Takisd...
invaluable.
  • #8,899
  • Jun 30, 2022 1:20pm Jun 30, 2022 1:20pm
Quoting Capablanca
I would never do a video if I made 500K (in fact I would never do a video, no matter how little or how much I made)
If i DID do a video it would be on my own channel and i wouldnt be asking for jack squat and id never reveal what i do or dont do or know. most id ever do is give aspiring traders pointers on what theyre already doing. free advice. and thats that
  • #8,900
  • Jun 30, 2022 1:48pm Jun 30, 2022 1:48pm
Quoting Takisd
{quote} I guess newbies would tolerate this interview. I cringed harder than I have ever cringed at the trade explanation parts which made 0 sense. If its real, its ok to just say "yeh i was lucky cos of market volatility". MACD.... weekly charts.. prop firm conditions... luck.
Glad I'm not the only one. Even better is the top comment:

"
Titantrading
6 days ago
I'm speechless, this is the best FTMO's interview that I've seen so far. Paul trades like a real "market wizard", he thinks like a genius and act like a computer, bringing us the best RRR and money results. God bless you Paul and FTMO for this amazing and inspiring video "
Plan your trade, trade your plan
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