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mcquak replied Oct 28, 2022But FTMO is horribly lagging. I could not close several trades, specifically it took me several minutes and the profit was halved due to that. I’ve not got such problem with E8, though.
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mcquak replied Oct 15, 2022No, I'm not willing to do that. I'm being more than capable to do my due diligence myself. And I think that anybody, who wants to spend money for the evaluation, should be able to do the same. I'm just trying to point out, that it's not possible to ...
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mcquak replied Oct 15, 2022A requirement like this which forces anybody to do workarounds like described in your post is a big red flag. Trader should be only involved and be eventually “find guilty” only for chosen risk, i.e., how many % of the equity or balance he/she risks ...
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mcquak replied Oct 14, 2022Please take the "score" aside, it's just an imaginary number that does not reflect reality. I'm guilty by knowing, that I'm unable to trade 3 days every week for all the weeks that remains me to live in my life. But I know that this thread is full ...
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mcquak replied Oct 14, 2022Nope, it's actually wasting money due to their 3/7 rule. You can't take holidays, and how abut catching seasonal sickness? It's a silly but powerful rule. Good luck. And if you think you can work around it, watch the video then. It’s yummy. 3 ...
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mcquak replied Oct 13, 2022Yes, it's global. image Wise transfers as well as Revolut works normally.
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mcquak replied Oct 10, 2022I think it's due to legislation. They would need some “banking” license for that in most countries.
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mcquak replied Oct 10, 2022Hm, thanks for the link, I might have missed it. That chat you shared made me to revise my opinion on Lux. They obviously do not know what is the risk, and how it is calculated per trade. I'd understand they are looking for consistency, that makes ...
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mcquak replied Oct 10, 2022Disclaimer: I do like Lux trading firm because, as per my opinion, they are only one real and genuine prop. firm in this retail prop. firm business. That said, I think it's not clever from them insinuating that FTMO is a pyramid scheme company. ...
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mcquak replied Oct 9, 2022Fair enough, but there are hidden unknown variables that cannot be effectively modeled in the formula, are not there? The formula is only comparison of advertised offers. It does not tell the whole story., does it?
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mcquak replied Oct 7, 2022The 3 days a week rule cannot prove consistency. Bullshit nonsense. And As a side note, do not dare to go on vacation or be sick for 4 days! To me, it seems just a forced hurdle. It smells.... url
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mcquak replied Oct 7, 2022What's the difference between hedging the trade and doing counter trading? I think it's the same thing, is not it? Apart to hedging trades via currency options, of course. These bucket shops hardly hedge via options.
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mcquak replied Oct 5, 2022I understood they charge the fee only once, when one buys the account, and so that the fee is not repetitive. In the case you described, you pay 550,- once, and you've got a lifelong account. They finally introduce something "new" in the business. ...
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mcquak replied Oct 4, 2022I've got only good exp. with Contabo, German quality for very reasonable price Never heard of Interserver, but simple setup and price diff makes the sure “winner”
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mcquak replied Oct 2, 2022Can anybody who knows how this prop business really works shed a light on this? The5ers they offer payout 100/0 from higher levels. What's the business rationale behind that? Do they think that no one will really reach the funding level, and so it ...
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mcquak replied Oct 1, 2022Founding an offshore company for this purpose is utter nonsense. It is not worth it unless you are the billionaire. Offshore companies are mostly used for tax optimization. What you need is just a regular bank account from a reputable company ...
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mcquak replied Sep 30, 2022Have you tried Wise? image Once you have got acc. with them, you can get virtual debit card which is standard Visa. There are few other reputable bank account providers like Wise. E.g. Revolut etc.
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