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  • #33,061
  • Mar 14, 2024 3:42am Mar 14, 2024 3:42am
Quoting Capablanca
{quote} Here we see how "slip to hell" of MFF was much more honest. Instead of laying down in the same bed with the EA owner to fail accounts, MFF just acknowledged the existence of those EAs and created profiles to slip them heavily, making it worthless.
The slip them to hell comment was in relation to a group that was taking advantage of a slippage cap and they simply removed the cap. This is the unfortunate way the CFTC has framed the complaint. When the exhibits were released the context was completely different.

The slippage profiles themselves were minor slippage and only a fraction of users were on them usually as a precursor to a-book.

So much more honest is an understatement.

*Enter stage left - Futures promoting degenerates predictably coming to tell everyone they are crazy if you don't follow the word of christ*
  • #33,062
  • Mar 14, 2024 4:36am Mar 14, 2024 4:36am
Quoting Takisd
{image} incase anyone missed this going on on twitter.

That’s just like match-fixing in football. But done by the betting company. Usually that is not allowed by the law ?!
  • #33,063
  • Mar 14, 2024 6:31am Mar 14, 2024 6:31am
Quoting Takisd
{quote} The slip them to hell comment was in relation to a group that was taking advantage of a slippage cap and they simply removed the cap. This is the unfortunate way the CFTC has framed the complaint. When the exhibits were released the context was completely different. The slippage profiles themselves were minor slippage and only a fraction of users were on them usually as a precursor to a-book. So much more honest is an understatement. *Enter stage left - Futures promoting degenerates predictably coming to tell everyone they are crazy if you...
There were also communications that spoke about putting anyone who'd made more than 5% profit to be put on 'the scalping group' i.e. the group designed to make it harder to profit.

Plus all the celebrations when news events wiped out 1000s of evaluations at once at the same time they were lying about the 'traders' success being their success'.
  • #33,064
  • Mar 14, 2024 6:43am Mar 14, 2024 6:43am
Quoting PropDude1234
{quote}There were also communications that spoke about putting anyone who'd made more than 5% profit to be put on 'the scalping group' i.e. the group designed to make it harder to profit. Plus all the celebrations when news events wiped out 1000s of evaluations at once at the same time they were lying about the 'traders' success being their success'.
Red bull gives you wings
  • #33,065
  • Mar 14, 2024 6:47am Mar 14, 2024 6:47am
I guess that a self imposed audit is still revolutionize the industry.
https://fxnewsgroup.com/forex-news/r...nternal-audit/
  • #33,066
  • Mar 14, 2024 7:04am Mar 14, 2024 7:04am
Quoting PropDude1234
{quote}There were also communications that spoke about putting anyone who'd made more than 5% profit to be put on 'the scalping group' i.e. the group designed to make it harder to profit. Plus all the celebrations when news events wiped out 1000s of evaluations at once at the same time they were lying about the 'traders' success being their success'.
CFDs industry in brokers or prop firms is this theres no good boy, but i guarrante you that MFF was the most honest, all this prop firms still running today do even worse
  • #33,067
  • Mar 14, 2024 8:16am Mar 14, 2024 8:16am
Anyone using rise for withdrawals I need small help. Do I open rise account thru prop firm when requesting withdrawal?? Or is it some independent wallet and I can do it now...?? Do I need same email as I use for prop firm?? Thank you
  • #33,068
  • Mar 14, 2024 8:21am Mar 14, 2024 8:21am
Hi all,
I am a prop trader since August and on my third attempt after 6 months I completed a challenge with "The Funded Trader". I requested first payout on saturday and I am more and more afraid they have no money left to pay me. Yesterday they replied they would pay before the end of day, of course today still nothing and they do not reply to my ticket anymore (they declare to have a 48 hours processing time).
Any other experience?
  • #33,069
  • Mar 14, 2024 8:21am Mar 14, 2024 8:21am
Quoting DeltaCapital
{quote} CFDs industry in brokers or prop firms is this theres no good boy, but i guarrante you that MFF was the most honest, all this prop firms still running today do even worse
I doubt they're more honest than FTMO (first to admit, by years, that things were simulated).
  • #33,070
  • Mar 14, 2024 8:30am Mar 14, 2024 8:30am
Quoting PropDude1234
{quote}I doubt they're more honest than FTMO (first to admit, by years, that things were simulated).

How about the ones who open actual funded accounts for people who pass, with an actual, named, independent, regulated broker with whom the customers can openly discuss their account?

Are they more, or less, honest than the ones you‘re discussing?
  • #33,071
  • Mar 14, 2024 8:37am Mar 14, 2024 8:37am
Quoting PropDude1234
{quote}I doubt they're more honest than FTMO (first to admit, by years, that things were simulated).
The more intelligent people knew that those brokers dont fund traders with real money, atleast not the majority
  • #33,072
  • Mar 14, 2024 8:44am Mar 14, 2024 8:44am
Quoting PropDude1234
{quote}There were also communications that spoke about putting anyone who'd made more than 5% profit to be put on 'the scalping group' i.e. the group designed to make it harder to profit. Plus all the celebrations when news events wiped out 1000s of evaluations at once at the same time they were lying about the 'traders' success being their success'.
The scalping group was 0.1-0.4 randomized slippage above 5 lots. Which in the market is normal since TOB is usually 1 lot.

But lets argue nuances because agenda requires it.
  • #33,073
  • Mar 14, 2024 8:45am Mar 14, 2024 8:45am
Quoting youngD
Anyone using rise for withdrawals I need small help. Do I open rise account thru prop firm when requesting withdrawal?? Or is it some independent wallet and I can do it now...?? Do I need same email as I use for prop firm?? Thank you
I already received 3 payouts through Rise.

You can open already now or when you receive the invitation from the prop. If you are about to receive a payout I suggest you open now to go through the KYC process and are already setup at the time of the payout (not that KYC takes long but n the day of the payout you probably don't want to lose time doing KYC and waiting for the prop to be notifies that you already opened the account).

I opened multiple Rise accounts, one for each prop, because I also have one email for each prop (which is good because I don't want to be tracked down in Rise; if I use always the same email I will have the same address in all props and anyone can see how much I received in total and from which prop because props address are now almost all known).
  • #33,074
  • Mar 14, 2024 9:10am Mar 14, 2024 9:10am
fwi...... apex just sent me a email saying one day pass offer is on again till march 27th..... with 80% off.....

the one day pass never helps me..... takes me a week...... and have 20 accounts already any way......

just saying....... not suggesting.....h
to trade and code, keep both simple... no call to impress....h
  • #33,075
  • Mar 14, 2024 10:11am Mar 14, 2024 10:11am
Quoting hayseed
fwi...... apex just sent me a email saying one day pass offer is on again till march 27th..... with 80% off..... the one day pass never helps me..... takes me a week...... and have 20 accounts already any way...... just saying....... not suggesting.....h
There's three things in life are true. Death, Taxes, and another Apex Promotion around the corner.

One day pass is for the CFD migrants needing their yolo fix. Taking it slow and in weeks time its easy to hit the goal without any stress.
Trade with confidence, trade without fear.
  • #33,076
  • Mar 14, 2024 10:16am Mar 14, 2024 10:16am
Quoting Cryptosurf
{quote} There's three things in life are true. Death, Taxes, and another Apex Promotion around the corner. One day pass is for the CFD migrants needing their yolo fix. Taking it slow and in weeks time its easy to hit the goal without any stress.
I just passed a batch this morning, peak threshold never was higher than $200 above balance, meaning I had atleast $2,300 DD at all times. Go in, grab your $200, copy 20 accounts, done for the day.
  • #33,077
  • Mar 14, 2024 10:29am Mar 14, 2024 10:29am
Quoting Takisd
{quote} The scalping group was 0.1-0.4 randomized slippage above 5 lots. Which in the market is normal since TOB is usually 1 lot. But lets argue nuances because agenda requires it.
Where is that data from?
  • #33,078
  • Edited 11:10am Mar 14, 2024 10:35am | Edited 11:10am
Quoting Takisd
{quote} The scalping group was 0.1-0.4 randomized slippage above 5 lots. Which in the market is normal since TOB is usually 1 lot. But lets argue nuances because agenda requires it.
If a system can't be profitable with slippage both in + out = spread on every trade then that system will likely fail in a real market environment trading heavy lots. What do people think happens when large lot fills that go several price levels into L2 market depth are executed at a real ecn/exchange?
  • #33,079
  • Mar 14, 2024 10:35am Mar 14, 2024 10:35am
Quoting pipmaster77
{quote} I just passed a batch this morning, peak threshold never was higher than $200 above balance, meaning I had atleast $2,300 DD at all times. Go in, grab your $200, copy 20 accounts, done for the day.
Yep. This is the way the game is played.
Trade with confidence, trade without fear.
  • #33,080
  • Mar 14, 2024 10:41am Mar 14, 2024 10:41am
Quoting pipmaster77
{quote} I just passed a batch this morning, peak threshold never was higher than $200 above balance, meaning I had atleast $2,300 DD at all times. Go in, grab your $200, copy 20 accounts, done for the day.
nice, you figured things out! So how did you adjust your system... just dramatically size down? Smaller TPs w/ lower R:R?
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