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  • #17,321
  • Jun 30, 2023 5:37pm Jun 30, 2023 5:37pm
Quoting AaronPriest
I thought it was Anton Calmes.
-According to the web:

Blake Olson:
CEO - Smart Prop Trader
Managing Director - The Funded Trader
Owner(?)/Officer - VVS Academy
Owner(?) - Smart Profit FX
Managing Member - Ment Funding LLC

Perhaps more?
  • #17,322
  • Jun 30, 2023 5:41pm Jun 30, 2023 5:41pm
Quoting Takisd
It is my impression of Angelo rn. He seems to have gone off the spectrum with his arrogance. Talking about how he beats everyone to his ideas even if he publicly states them and stuff. Weird ass flex's and no solid FX knowledge.
-Probably to be expected. A lot of these guys are still so young.
  • #17,323
  • Jun 30, 2023 5:41pm Jun 30, 2023 5:41pm
I have a showerthought question I am curious what you guys (the more sensible social media people in fx) think.

If FTMO collapsed, how would it impact the industry?
  • #17,324
  • Jun 30, 2023 5:48pm Jun 30, 2023 5:48pm
Quoting Takisd
If FTMO collapsed, how would it impact the industry?
-I can only speculate. I am not qualified to speak about it in any meaningful way, I think.
  • #17,325
  • Jun 30, 2023 5:55pm Jun 30, 2023 5:55pm
Quoting Nsak3y
{quote}-I can only speculate. I am not qualified to speak about it in any meaningful way, I think.
Speculate away sir.
  • #17,326
  • Jun 30, 2023 6:01pm Jun 30, 2023 6:01pm
I suppose that having FTMO go would cause a bit of a panic. We would probably see a heavy influx of traders migrate over to other firms. Some firms may struggle to handle the traffic, especially the newer firms. Beyond that, I'm not sure.

I might wonder how many of the traders that already trade with FTMO, are already trading with MFF, to try to gauge how impactful the shift would be.
  • #17,327
  • Jun 30, 2023 6:02pm Jun 30, 2023 6:02pm
Quoting Nsak3y
I suppose that having FTMO go would cause a bit of a panic. We would probably see a heavy influx of traders migrate over to other firms. Some firms may struggle to handle the traffic, especially the newer firms. Beyond that, I'm not sure. I might wonder how many of the traders that already trade with FTMO, are already trading with MFF, to try to gauge how impactful the shift would be.
So you think they die and business as usual after that?
  • #17,328
  • Jun 30, 2023 6:07pm Jun 30, 2023 6:07pm
I really do not know. FTMO is very large in this space. If you are asking me if the entire industry would collapse, I would say that I really do not know. There is not much that would surprise me, though.
  • #17,329
  • Jun 30, 2023 6:41pm Jun 30, 2023 6:41pm
Quoting Takisd
I have a showerthought question I am curious what you guys (the more sensible social media people in fx) think. If FTMO collapsed, how would it impact the industry?
First, sheer panic, simply because the giant, the OG has collapsed.
Then MFF gobbles up most of their clients. Although, I am pretty certain a good % with FTMO are also with MFF
Smaller firms will benefit as well, as those that either don't like MFF for whatever reason or are already maxed with MFF will migrate to those firms.
I am almost 100% certain, BAU as the space is now way too large for it to come to a sudden halt.
It would be impactful, though, for sure.
  • #17,330
  • Jun 30, 2023 6:51pm Jun 30, 2023 6:51pm
FTMO is one of the biggest prop trading firms and the winner of Deloitte's Technology Fast 50 for 2022. FTMO has over 960,000 funded trader programs, paying out over $29 million to traders in 2021. Funded traders on FTMO earn up to 90% of their profits, making it one of the most attractive prop firms.

that comes out to 30 dollars apiece...seems like majority even if funded still dont make much money..probably lot of churn
short trump and go long the deepstate
  • #17,331
  • Jun 30, 2023 7:03pm Jun 30, 2023 7:03pm
being that i know a little about human nature and seeing how easy it is to start up a prop firm since its unregulated id bet organised crime is involved with this in some way in the countries these firms are located...i doubt these snot nosed kids running these companies can get financing from reputable sources
short trump and go long the deepstate
  • #17,332
  • Jun 30, 2023 7:51pm Jun 30, 2023 7:51pm
Quoting Nsak3y
I suppose that having FTMO go would cause a bit of a panic. We would probably see a heavy influx of traders migrate over to other firms. Some firms may struggle to handle the traffic, especially the newer firms. Beyond that, I'm not sure. I might wonder how many of the traders that already trade with FTMO, are already trading with MFF, to try to gauge how impactful the shift would be.
Then it would prove that fear of news trading didn't save them after all.
  • #17,333
  • Jun 30, 2023 9:13pm Jun 30, 2023 9:13pm
Quoting Nsak3y
{quote}-I would be curious about which firms you are referring to. In most cases, such offers are either highly suspect, or, the offer is not worth the time compared to the 2-step challenge model (e.g. instant funding accounts).
HI Nsak3y,

***Nill endorsement alert***

Here's one: It even has a physical address that even Google shows on it's map. It's not a challenge model.

Since you asked and I am not affiliated nor have I tried their funding or anything else. I don't cheerlead for acronyms and challenges and I've just noticed the stark difference in their offering. The founder has a livestream at the moment and he openly talks about his business.
Inserted Video


Cheers...
  • #17,334
  • Jun 30, 2023 9:18pm Jun 30, 2023 9:18pm
Quoting Nsak3y
{quote}-
From FTMO T&C:

Quote
You also acknowledge that the funds provided to you for demo trading are fictitious and that you have no right to possess those fictitious funds beyond the scope of their use within the Services, and in particular that they may not be used for any actual trading and that you are not entitled to the payment of those funds. Unless expressly agreed otherwise, you will not be paid any remuneration or profits based on the results of your simulated trading, nor will you be required to pay any losses.
.
I just want to make clear as this might sound as if this is about funded accounts too. It's not. FTMO got two different T&C one for Challenge provided on the website the other for Funded accounts which is not public on the website. As I'm kinda new to prop firms at first reading this I thought this was about funded accounts as well. But just asked their chat support about it.
  • #17,335
  • Edited 1:42am Jul 1, 2023 12:51am | Edited 1:42am
Quoting Capablanca
This shows what Angelo from TFT think it's important {image}
Pathetic.

Blake, Angelo, and all of their new CEO buddies are prematurely ejaculating all over each other trying to be better than FTMO and MFF.
Pride always comes before destruction.... -Proverbs 16:18
  • #17,336
  • Jul 1, 2023 1:07am Jul 1, 2023 1:07am
Maven Trading and their pompous ass of a CEO. Nice English.

"Chose your side"?

Can't even get your big coupon right.
Attached Image (click to enlarge)
Click to Enlarge Name: maven.jpg Size: 220 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #17,337
  • Jul 1, 2023 3:01am Jul 1, 2023 3:01am
Quoting Expo33
"Chose your side"? Can't even get your big coupon right. {image}
CTI (another acronym FFS) had the same special for 5 and 10K (useless) accounts this week past.

Is this the discount industry or funded trading industry?
  • #17,338
  • Jul 1, 2023 8:09am Jul 1, 2023 8:09am
Quoting Expo33
Maven Trading and their pompous ass of a CEO. Nice English. "Chose your side"? Can't even get your big coupon right. {image}
You mean the incel?
  • #17,339
  • Jul 1, 2023 9:29am Jul 1, 2023 9:29am
Quoting Takisd
{quote} TFT owns smartprop, bespoke maven i think?
Does TFT own Bespoke ? Are you sure about that ?
  • #17,340
  • Jul 1, 2023 9:37am Jul 1, 2023 9:37am
Quoting Expo33
{quote} Pathetic. Blake, Angelo, and all of their new CEO buddies are prematurely ejaculating all over each other trying to be better than FTMO and MFF.
FTMO and MFF work silently to have a good trading prop. Angelo works to have the best entertainment prop, giveaway competitions, chess and poker tournaments and AMA sessions where he doesn't reply to any of the difficult questions.
Sometimes people also do trading there, where they are sodomized with slippage and bad spreads and suffer their obsolete 24 to 48 hours payouts with accounts suspended.

Don't take me wrong. I have a TFT funded account for a long time, lots of payouts with them but it's laughable to see Angelo praising how good they are, when they barely beat the firms that are in the market for a couple of months.
His competitions are those new cowboys, not FTMO and MFF.
MFF and FTMO play in Champion League. TFT doesn't even qualify to Europa League. Not even to UEFA Conference cup.
Angelo seems one of those sh* players playing in Arabia thinking that he's good enough to play in Premier League.
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