Ethan Warmuskerken

CEO of @FFNFUNDING
@FFNPERPS

[Ethan Warmuskerken @EthanFFNCEO]

Yeah, and what is your role in this industry? You’re like the watchdog that calls out firms for being unfair to traders? So you should have a responsibility to verify that the trader’s post is accurate, which you didn’t. And you repeated it again in your own words in another comment. So, it would appear I’m calling YOU lazy.

Journalism without verification is just rumor masquerading as fact, and when you do it impacts businesses.

[SBLUGA @SBLUGAonyx]

hmmm tpo & footprint on nexus charts ? wonder what else is coming ....

[Ethan Warmuskerken @EthanFFNCEO]

@andrew_nfx Why are you so incredibly dishonest. Denied almost everything? You’ve had like 20 payouts across my firms and 1 was denied for an HFT violation. Also didn’t you get paid yesterday before you even posted this?

[Ethan Warmuskerken @EthanFFNCEO]

@NathanielA198 @AshhNeo @jmutrades @FFNFunding Glad to hear it! We reversed the breach and approved the payout, everything gets buried in X lol. No one should be punished for utilizing the risk tools.

[Ethan Warmuskerken @EthanFFNCEO]

You’re entitled to dislike the program. My point is that it's extremely lazy to misstate how the program works, and then dodge every correction by listing something else about the program you don't like.

For the third time: when a trader hits the MLL, we pay out the profits remaining in the account. How is that (combined with the fact that the trailing mechanism doesn't start until the trader requests the first payout) a negative in any way?

[Ethan Warmuskerken @EthanFFNCEO]

@Kellyanntrades @jmutrades @FFNFunding This comment was not from a trader, and was wrong.

[Ethan Warmuskerken @EthanFFNCEO]

@KaranikasGeorg3 @Kellyanntrades @jmutrades @FFNFunding

[Ethan Warmuskerken @EthanFFNCEO]

Yeah so where does it say anything about the next trade after the payout? The rule is pretty clear on the buffer in your screenshot.

Since we announced the new live program, we have rejected 0 live transitions. You have to be really terrible or clearly gambling to get rejected. Again, do your thing and take 10% of the story and complain publicly.

I don't care if you like my attitude, I don't like our affiliates blasting us on the internet while being so incredibly wrong.

[Ethan Warmuskerken @EthanFFNCEO]

@Kellyanntrades @jmutrades @FFNFunding I answered this, your total lack of research on the program is appalling. But go ahead and critique it
https://t.co/rx66Kef58P

[Ethan Warmuskerken @EthanFFNCEO]

@jmutrades @FFNFunding I literally am, yet you have an obsession with me and I'm the root of all evil. lol

[Ethan Warmuskerken @EthanFFNCEO]

@nickytrades_ @jmutrades @FFNFunding

[Ethan Warmuskerken @EthanFFNCEO]

I didn't notice the screenshot, but that's wildly incorrect. The buffer is defined as
(.5*(((Balance at payout) - payout) - FFN's capital))

There are examples of the math of this in the rules, and I even made a page with a calculator for people to work it out. How lazy are you prop firm researchers? https://t.co/qzZTko4CKA

[Ethan Warmuskerken @EthanFFNCEO]

@jmutrades @FFNFunding Why would I try to automate payouts and put everything front and center with how much and when we pay people if we were going out of business? I have literally answered this on multiple of your threads, but congrats on learning about the word "solvent" and using it in a sentence.

[Ethan Warmuskerken @EthanFFNCEO]

@AshhNeo @jmutrades @FFNFunding That's incredibly lame, I'll restore the account and payout for you. You shouldn't be punished for using the risk tools. As you can imagine, it's impossible for me to have this context when reviewing over 2,000 violations. lol

[Ethan Warmuskerken @EthanFFNCEO]

@jmutrades @FFNFunding Do you generally lack reading comprehension skills, or are you just not trying?

[Ethan Warmuskerken @EthanFFNCEO]

What's a glitch? I don't think I said anything is a glitch.

Respectfully disagree massively on the live program. Tell me another firm that contributes capital to the live program as you succeed, leaves our 10% split in the account, bases the trading entirely off margin, gives you 100% drawdown until the first payout, and then enables a MLL that we payout all of your profits if you hit it, and gives monthly performance bonuses to live traders.

Focusing so much on starting balance is a shame, the program overall is incredible. Sim-funded earns you payouts based on account size in sim, and success in SIM earns you a seat at the table for the Institution. This whole sim profit move to live thing the prop space has invented is ludicrous. We've created a live program that rewards traders actually trying to develop a skill, and I'll die on that hill.

[Ethan Warmuskerken @EthanFFNCEO]

@honor236 @jmutrades @FFNFunding If that happened, the traders should definitely reach out because we're not closing accounts for ghost orders over here.

[Ethan Warmuskerken @EthanFFNCEO]

@nixtrades @jmutrades @FFNFunding