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  • #29,621
  • Feb 8, 2024 7:31am Feb 8, 2024 7:31am
Quoting PropDude1234
{quote}Depends. Perhaps it's to 'get ahead' an alternative story and also send a message to the market.
I am sure Justin Hertzberg is sitting at his computer hitting F5 waiting for that moment that they comment on hit piece allegations sent to media en masse with big words and moronic assumptions. Apparently money was laundered by not paying out money made on payouts which never existed which users were fake.

As for my sources, its not a secret I am friends with people who are in prop firms.
  • #29,622
  • Feb 8, 2024 7:35am Feb 8, 2024 7:35am
https://fundedengineer.com/ is down
Drawdown is more important than Account Size !
  • #29,623
  • Feb 8, 2024 7:35am Feb 8, 2024 7:35am
Quoting Takisd
{quote} I am sure Justin Hertzberg is sitting at his computer hitting F5 waiting for that moment that they comment on hit piece allegations sent to media en masse with big words and moronic assumptions. Apparently money was laundered by not paying out money made on payouts which never existed which users were fake. As for my sources, its not a secret I am friends with people who are in prop firms.
What were the commercials between FPFX and FE?

Do you know? I certainly don't. Perhaps it was based on revenue post-withdrawals - so if they're faking withdrawals that would impact that.
  • #29,624
  • Feb 8, 2024 7:36am Feb 8, 2024 7:36am
Quoting Takisd
Metatrader sent termination to think, purple and 8cap. Forget the FE drama, this one is going to be bigger.
Takisd shoudl change his nick to Death Angel.

This is huge man.... Out of my mind it's FE (again !), TFT, Blue, Flash, MFFx. Probably some others that I don't remember or never tested.
  • #29,625
  • Feb 8, 2024 7:37am Feb 8, 2024 7:37am
Quoting procrude
https://fundedengineer.com/ is down
Better to go back a couple of pages. We've been discussing that since yesterday night.
  • #29,626
  • Feb 8, 2024 7:42am Feb 8, 2024 7:42am
Quoting PropDude1234
{quote}What were the commercials between FPFX and FE? Do you know? I certainly don't. Perhaps it was based on revenue post-withdrawals - so if they're faking withdrawals that would impact that.
Like most FPFX companies its a net of the money in vs money out I presume.
  • #29,627
  • Feb 8, 2024 7:42am Feb 8, 2024 7:42am
Quoting Takisd
Metatrader sent termination to think, purple and 8cap. Forget the FE drama, this one is going to be bigger.
As a broker they were terminated or as a provider to prop firm provider ?

And why their licence is terminated ? Any specific reason ?
Intraday only.
  • #29,628
  • Feb 8, 2024 7:43am Feb 8, 2024 7:43am
Quoting Capablanca
{quote} Takisd shoudl change his nick to Death Angel. This is huge man.... Out of my mind it's FE (again !), TFT, Blue, Flash, MFFx. Probably some others that I don't remember or never tested.
I am told there is a possibility tomorrow this could change but it doesnt seem likely.
  • #29,629
  • Feb 8, 2024 7:48am Feb 8, 2024 7:48am
Quoting Takisd
{quote} Like most FPFX companies its a net of the money in vs money out I presume.
If that's the case then faking withdrawals would fraudulently reduce the money FE owed FPFX. If FE were indeed doing that.

With FE not denying it and FPFX would be setting themselves up for a defamation lawsuit if what they wrote was incorrect, I suspect FE were doing it.
  • #29,630
  • Feb 8, 2024 7:51am Feb 8, 2024 7:51am
Quoting Takisd
Metatrader sent termination to think, purple and 8cap. Forget the FE drama, this one is going to be bigger.
hi.

can you elaborate? is it about termination of services to US clients only?

thanks.
  • #29,631
  • Feb 8, 2024 8:03am Feb 8, 2024 8:03am
Hi Taksid,

I just had chat with 8 cap. See this.
Attached Image (click to enlarge)
Click to Enlarge Name: 8 cap chat.png Size: 28 KB
Intraday only.
  • #29,632
  • Feb 8, 2024 8:04am Feb 8, 2024 8:04am
Quoting navk
Hi Taksid, I just had chat with 8 cap. See this. {image}
I'm sorry, don't mean to chuckle.......but do you really believe some random chat rep is going to know the legal going ons of the company?
  • #29,633
  • Feb 8, 2024 8:06am Feb 8, 2024 8:06am
Quoting pipmaster77
{quote} I'm sorry, don't mean to chuckle.......but do you really believe some random chat rep is going to know the legal going ons of the company?
or did you expect...."Yes, it is true. The sky is falling. Tell everyone you know!"
  • #29,634
  • Feb 8, 2024 8:07am Feb 8, 2024 8:07am
Quoting pipmaster77
{quote} I'm sorry, don't mean to chuckle.......but do you really believe some random chat rep is going to know the legal going ons of the company?
8 cap chat service..this is official, who knows and can talk about my account details.

And until now, I am getting mt4 feed.

or

Until now, it is not official.
Intraday only.
  • #29,635
  • Feb 8, 2024 8:09am Feb 8, 2024 8:09am
Quoting navk
Hi Taksid, I just had chat with 8 cap. See this. {image}
Hello Navk;

I trust you're well.

If I may respectfully venture, between Trader Takisd & Support of the company who's sole purpose is to push their company propganda with copious doses of Kool_aid to whomever wishes to guzzle it, I will gladly nail my colours to the mast with Trader Takisd.

It goes without saying, the information he has provided over a period of years has proved sound beyond reasonable doubt whilst on the converse it is common knowledge that these prop firms will merrily sign up the very last account right until they officially shut down, all the while proclaiming everything is going great!

I wish my feedback is received in the good faith it is intended.

After all, we're all losing with the implosion of some/many of these props but accepting the loss with peace BEFORE signing up is vital so as to negate pointless anxiety as & when these companies implode.

Kind Regards
Des
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #29,636
  • Feb 8, 2024 8:11am Feb 8, 2024 8:11am
Quoting Desbinary
{quote} hello Navk; I trust you're well. If I may respectfully venture, between Trader Takisd & Support of the company who's sole purpose is to push their company propganda with copious doses of Kool_aid to whomever wishes to guzzle it, I will gladly nail my colours to the mast with Trader Takisd. It goes without saying, the information he has provided over a period of years has proved sound beyond reasonable doubt whilst on the converse it is common knowledge that these prop firms will merrily sign up the very last account right until they officially...
I agree.

I can take it as warning signal only.

I do not want to take his message as conclusive until it is official.

Nothing more.

True, we need to stop signing up with all prop firms in fact. ( for some time or even longer ? )
Intraday only.
  • #29,637
  • Feb 8, 2024 8:15am Feb 8, 2024 8:15am
Quoting Desbinary
{quote} Hello Navk; I trust you're well. If I may respectfully venture, between Trader Takisd & Support of the company who's sole purpose is to push their company propganda with copious doses of Kool_aid to whomever wishes to guzzle it, I will gladly nail my colours to the mast with Trader Takisd. It goes without saying, the information he has provided over a period of years has proved sound beyond reasonable doubt whilst on the converse it is common knowledge that these prop firms will merrily sign up the very last account right until they officially...
I have been saying this since Jan.

We need to work with proper brokers instead of Prop firms.
Intraday only.
  • #29,638
  • Feb 8, 2024 8:19am Feb 8, 2024 8:19am
Quoting Desbinary
{quote} Hello Navk; I trust you're well. If I may respectfully venture, between Trader Takisd & Support of the company who's sole purpose is to push their company propganda with copious doses of Kool_aid to whomever wishes to guzzle it, I will gladly nail my colours to the mast with Trader Takisd. It goes without saying, the information he has provided over a period of years has proved sound beyond reasonable doubt whilst on the converse it is common knowledge that these prop firms will merrily sign up the very last account right until they officially...
And in the chat service, pl. see his last message.

I truly trust what the chat service says is correct. Good for all of us as prop firm traders.
Attached Image (click to enlarge)
Click to Enlarge Name: 8 cap chat.png Size: 29 KB
Intraday only.
  • #29,639
  • Feb 8, 2024 8:22am Feb 8, 2024 8:22am
Quoting pipmaster77
{quote} or did you expect...."Yes, it is true. The sky is falling. Tell everyone you know!"
Hello again PipMaster77;

I trust your day is going along fabulously!

Your reply to my message from this morning has resulted in yet another accurate "self-fulfilling prophecy". That is You & I seem to have similar methods of trading whereby your's, as you rightly advised is not as long as mine but the end result is similar/the same.

It seems pervasive even with how we assimilate certain comments since our responses to Trader Navk is similar with the exception that yours is succinct & extrapolates a straight line between A&B, mathematically speaking, whilst my response, serving to convey the same core message is an elongated version.

Thank You!
My success is due to The Great Napoleon Hill. May His Name Live Forever
  • #29,640
  • Feb 8, 2024 8:26am Feb 8, 2024 8:26am
If metatrader cancels all the shitty prop firms is not a problem, i dont mind if we stay with only 2 or 3 reputable and fair prop firms like FTMO and MFF
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