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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (338335 Views)
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Re: Forex Trade Alerts: Season 21 by Nobody: 11:55am On Aug 11, 2021 |
But that's what it is bro, don't be deceived by the big amount mentioned. When you see $200K account, check the max DD, if it says 5% for example, that's $10K account you have right there and not the $200K mentioned. Trust me, once you lose that $10K DD, they close the account even though you still have $190K remaining in the account, it's useless/not useful. Same here, 5% of $1000 is $50, lose it and your account is closed regardless that you have $950 remaining....that's the clue. Until we start to reason this way, these prop firms will keep springing up to entice us with figures and thus milking people. Feshizzy: 3 Likes 1 Share |
Re: Forex Trade Alerts: Season 21 by Nobody: 12:34pm On Aug 11, 2021 |
Donsheddy:Personally, I like prop firms and the whole ideology. From the backend this is just like giving good traders a fair share of the money from losing traders. However, props firms don't give anyone live accounts. Bouy trade is not connected to FTMO. They use globalprime as their broker, FTMO use their own server. Props firms that give live account to traders can't subject you to 90days test. They would most likely require a history of more than 12months. 2 Likes 1 Share |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 1:05pm On Aug 11, 2021 |
ekesoft: You are given a 1,000 account and a max DD of 5% which is 50. It's not the same as given a 50 account with a max DD of 5% which is 2.5 usd 1 Like |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 1:07pm On Aug 11, 2021 |
GabsonFX: That's pretty standard rule same as ftmo, tcf and co. Do you want the account to have 50% DD before they pull the plug? 2 Likes |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 1:08pm On Aug 11, 2021 |
NetValueFX: The world has changed, I suggest you read more. It's not as it is before. 1 Like |
Re: Forex Trade Alerts: Season 21 by samfelly: 1:09pm On Aug 11, 2021 |
Feshizzy: https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1396&rx=1628683223578 - Sweet Motivation (Live Accounts) https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1397&rx=1628683170310 (Sweet Motivation (Demo Accounts) CC: Feshizzy, Gabsonfx, MONEY247, Kaesyrn, KingPipmarshall, CopyJoe, charly20, Forexislife, Ogashman This is it house!!! 3 Likes 2 Shares |
Re: Forex Trade Alerts: Season 21 by samfelly: 1:13pm On Aug 11, 2021 |
samfelly: I don open the floor. If another person join, I start! 1 Like
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Re: Forex Trade Alerts: Season 21 by Skanas(m): 1:23pm On Aug 11, 2021 |
samfelly:Check the account you registered with....it's a demo account....I think the first link you posted should be for live accounts only 1 Like
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Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 1:39pm On Aug 11, 2021 |
samfelly: Nice one, But i just join oo It's fine, it means fxblue doesn't have a request to join like zoom meetings. Skanas: Yeah that's because he is the host. I think..... 2 Likes |
Re: Forex Trade Alerts: Season 21 by ekesoft(m): 1:49pm On Aug 11, 2021 |
Feshizzy: Guy afar ,, before you day rush quote me ,, read watin I type well ..,,, 1 Like |
Re: Forex Trade Alerts: Season 21 by Nobody: 1:50pm On Aug 11, 2021 |
Feshizzy:I suggest you read more too. A lot of things are not what they seem until you come closer. 3 Likes |
Re: Forex Trade Alerts: Season 21 by Forexislife: 1:52pm On Aug 11, 2021 |
Prepping to sell gold. Waiting for NY session. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Skanas(m): 1:53pm On Aug 11, 2021 |
Feshizzy: Nah, I think it's an oversight (sure he will change it soon) because the host of a live account challenge can't be trading with a demo Acc on same challenge.....there is a second link for demo accounts... #myopinionsha 1 Like |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 1:53pm On Aug 11, 2021 |
ekesoft: Oh, na true sha, We dey talk the same thing. Nice one 2 Likes |
Re: Forex Trade Alerts: Season 21 by samfelly: 2:05pm On Aug 11, 2021 |
Skanas: Lol. Check, again, Ur-i-Ness I even had a hard time removing the Demo (old records on my Fxblue Username and Syncing the Live Account to the same Username If anybody is having a hard time with Fxblue, let me know. I think I have gotten a hang over things there 2 Likes |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 2:09pm On Aug 11, 2021 |
samfelly: How do i fix the (no data) I'm complete when it comes to fxblue It some how fixed itself, Is it possible for it to read the entire year data? Rather than when it was added. That would be really great. 1 Like |
Re: Forex Trade Alerts: Season 21 by samfelly: 2:17pm On Aug 11, 2021 |
Feshizzy: I just checked. Your orders list is not visible Have those box checked in setting (see attached) 1 Like
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Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 2:25pm On Aug 11, 2021 |
samfelly: Noted thanks But is it possible it shows all year record on the challenge Or it is when the challenge starts it starts book keeping? 1 Like |
Re: Forex Trade Alerts: Season 21 by Forexislife: 2:28pm On Aug 11, 2021 |
Forexislife:Sold gold **44.00. 50 pips SL, TP open 1 Like |
Re: Forex Trade Alerts: Season 21 by samfelly: 2:58pm On Aug 11, 2021 |
Feshizzy: Well, I will just add my other Live Account (my first account) that I have been trading with since last year June, immediately I joined Forex, to see how it (Fxblue) renders things 1 Like |
Re: Forex Trade Alerts: Season 21 by Skanas(m): 3:08pm On Aug 11, 2021 |
samfelly: 9ice one...Weldone brotherly 1 Like |
Re: Forex Trade Alerts: Season 21 by Donsheddy: 3:12pm On Aug 11, 2021 |
NetValueFX: Well bouytrade use to be a partner of ftmo... that's why they three phase challenge,I don't know about now.... And myforexfunds give traders live account... You can verify that... 1 Like |
Re: Forex Trade Alerts: Season 21 by samfelly: 3:21pm On Aug 11, 2021 |
. 1 Like |
Re: Forex Trade Alerts: Season 21 by samfelly: 3:23pm On Aug 11, 2021 |
Feshizzy: samfelly: EVRYTHING THERE, BRO! ALL PAST RECORDS, FXBLUE COLLECTED DEM. EVEN MY FIRST $12.83 (N5,000) DEPOSIT MADE IN JUNE, 2020 1 Like |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 3:26pm On Aug 11, 2021 |
samfelly: Yes when you click on individual profile it will load, I was referring to at the ranking table, If the history would load on the ranking table 1 Like |
Re: Forex Trade Alerts: Season 21 by BrightFuture48: 3:32pm On Aug 11, 2021 |
GabsonFX:Lol @ I run . There is something you are mixing up there. Here is my submission also not that I'm making any case for them but my observation. 1. They are formally white label for ftmo before deciding to go solo and A-book prop firm unlike other prop firm that are b-book which is like "robbing Peter to pay Paul" because most are essentially given traders demo account not LIVE! 2. Do you think any prop firm will be willing give $10k (5% of $200k) to "blow up" for just less than $1k one pay upfront for the monthly access or challenge? That tell us that is just mere glorified demo account by which anything you win at the end was been pay from failed traders. 3. They were very transparent, and make it known right from onset that they are not making anything off traders from beginning and the more you become successful, the better for them. So basically what you pay initially $50 is for margin require should be in case you lose that LIVE account. The remaining is to cover their administrative and logistic. 4. It make a lot of sense from A- book they are operating that you're trading LIVE account Not those that say same but is actually a demo account given to traders. 5. Take for instance their level 1 which is straight live account for you in which you pay $150 for $2k account. Now $100 to cover your loss and $50 for their logistic. If you trade leisurely without any time constraints and you make 5% ($100) you can withdraw it and your subsequent 5 % profit which ought to be their profit split share is being put up for your margin for the next account for 4k. Mind you this is continuous. As you make an accumulated 10% profit you're basically taking your whole profit split while theirs is being put as margin for your loss (should be in case you lose the 5 % DD). They only start making real money from talented traders who make it to the top. And would earn big by way because any percentage profit (no target again) you make will be split equally. So their model look legit from day one. They provide the capital, you pay a token fee for possible loss. So if you're good at what you do at the end both benefit greatly, Infact traders make a lot more from start while knowing fully that your trade is going thru market pool not bucket shops. Caveat: Though they still very young prop firm but from interaction/chat with them on Discord and Telegram they seems legit and here to stay! Fingers crossed though. My humble opinion/conclusion 3 Likes |
Re: Forex Trade Alerts: Season 21 by samfelly: 3:35pm On Aug 11, 2021 |
Feshizzy: Well, I do not know about that, but as the host, I'll take the liberty to research it. I'll simply deposit into my 1st account and see where Fxblue ranks me after I trade and close one or two orders 1 Like |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 3:40pm On Aug 11, 2021 |
samfelly: Don't stress to much, If it doesn't show we go use am like that, I don't think there's any other platform like fxblue that does same thing, I never research yet sha. If you go through research and can't find a way to bring up old history into the challenge Then But don't go through the stress of depositing, As time passes, the trades will align You have done indeed well. Kudos 3 Likes |
Re: Forex Trade Alerts: Season 21 by Nobody: 3:40pm On Aug 11, 2021 |
Donsheddy:Okay. |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 3:42pm On Aug 11, 2021 |
samfelly:@ ekesoft Can you kindly push this to the front of page, So if others might care to join, we could just refer them to the link in the front page. 2 Likes |
Re: Forex Trade Alerts: Season 21 by samfelly: 3:52pm On Aug 11, 2021 |
Feshizzy: Okay, bro, thanks for the consideration. Anything for my pipo here. I am most grateful for the opportunity, however little, to serve everyone here. I count it all joy 3 Likes 1 Share |
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