Disliked{quote} So brainy that after Funding Talent Kazmi decided to keep MFF in Canada? Angelo, Dylan & Mattl don't exactly make me confident.Ignored
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Disliked{quote} So brainy that after Funding Talent Kazmi decided to keep MFF in Canada? Angelo, Dylan & Mattl don't exactly make me confident.Ignored
DislikedI gave already an example why context matters. What was the profit, what was the trading style (volume, frequency), if that was one, two or hundred trades, etc. This in a different way: do you think a customer with 50 USD profit and zero losses would raise special attention to them ? It's the same zero losses situation.Ignored
Disliked{quote}-I am not saying that context does not matter. I am saying that we have already the context. We have the conversation. There was no mention of lot size or frequency. There was only the mention of zero losses. The decision was still made, based on that fact, alone, to put the trader on an aggressive profile.Ignored
DislikedThis in a different way: do you think a customer with 50 USD profit and zero losses would raise special attention to them ? It's the same zero losses situation.Ignored
DislikedWhat I'm judging is if that decision was wrongdoing or not. I can't judge that without more information (context). Conversation is not the context.Ignored
Disliked{quote} Correct, this is a fact, no need to dispute. What I'm judging is if that decision was wrongdoing or not. I can't judge that without more information (context). Conversation is not the context. If they tell me that this was a guy trading 10 times a day, 40 lots each and was lucky during a whole week (unlikely but anyway), don't you think he should be put in more real conditions (worse) than someone that the guy who is trading 1 lot per day ? This is what I mean by context.Ignored
DislikedHow much will be the fine ? Let us calculate a little bit. It was said that comms generated already $7 million, with slippages and delaying maybe in addition triple of that on top. So in total the fine could be minimum $30 million. But what is then about the illegal "Ponzi" and the CFDs trading on a non regulated brokerage with all the false promises. Difficult for me to find a value for the magnitude of a fine here. Anybody else ? I think the slip cannot be more than 1 full pip, based on my experience with them even on bigger lot orders. So they...Ignored
Disliked{quote} For a guy that cannot trade. What do you think how much Kazmi has ? $40 million or $100 million ? He netted around $172 million before taxes. Some business expenses for sure. So maybe $80 million after taxes he got or ? I am very curious to know how much the fine will be on 09/11.Ignored
DislikedI will have to read the rap sheet again but I do not recall reading that they actually trade any of their own funds, whether that be the CEO himself or an appointee.Ignored
Disliked{quote} Isn't that the usual monthly competitions with giveaways that a lot of them have now ?Ignored
Disliked{quote} I think they are really talking about their competition accounts. Doesn't The Funded Trder do monthly competitions where one can win challenges?Ignored
Disliked{quote} However, here is some changed verbiage{image} Everything is now "virtual".....yeah, that'll save 'emIgnored
Disliked{quote} I think if the guy is supposedly batting for your own team you want him to have the most favourable conditions possible. Remember the strap line "If you win, we win". You don't make it more difficult for him. I know at least 3 brokers that between London and NY open you can get absolutely instant fill on 30 lots and often zero or tiny spread 0.1/0.2 on EU/GU and very rare to be slipped unless market moving particularly fast but that can also give a bit of positive slippage too. I will have to read the rap sheet again but I do not recall...Ignored