Started 5 new 150k Flex accounts with @TradingLucid today :))
First trade of the run:
110pt NQ short using Bloop🤖
Good start lol
So let’s do something fun!!
I’m giving away one of every Flex account size:
- 150k
- 100k
- 50k
- 25k
4 winners total!!
To enter:
1. Follow @aw_trades_
2. Like
3. RT
4. Comment which account you want!!
Winner chosen Sunday night!!
Let’s get some of you funded🤍
Code AW :))
There is no reason that you can't become profitable by August.
You know what to do, stop taking stupid trades and follow your plan.
Profitability is simpler than you think, just make sure you focus on the right things.
🎉 $100,000 #GIVEAWAY#ALERT! 🎉
Ready to win a 2-step challenge account worth $25,000? We're #giving_away 4 accounts to lucky #winners, and one of them could be YOU, just like the last time! 💰
#Rules to Participate:
#FOLLOW us 📱
#LIKE this post ❤️
#RETWEET/Quote 💬
It's that easy! #Giveaway ends on Monday, 4th of December at 12:00 CET, so make sure you participate before then!
Our automated bots will select the #lucky #winners, and make sure you are following the #rules to be eligible to win.
Good luck to everyone! 🍀
Unpopular Opinion:
MFF Outrage Overblown
- Underfunded trading is a horrible idea
- Those who actually traded with virtual prop firms and were profitable, used MFF more than any other prop firm
- CFTC a little too aggressive
- Giving random humans on the internet access to gains on $10M notional for a $400 fee will never be a profitable business, without rules
- Most of the outrage is from outside of the retail virtual sim evaluation world
- The MFF event was a disaster because it came in the form of freezing the most popular prop firm, not by working out a framework
Filling in much of the missing context.
Favorability.
- No company was viewed more favorably, as a #1 option than MFF. See the polls below on the timeline. 200% more favorable view than #1 in engagement TFT. No other company would receive 25% in the #1 Option poll.
- Traders from restricted regions were begging them to come back
- The most important prop review indicator: where do traders with industry experience and who withdraw trade? Once again MFF #1, by a mile.
And this includes the fact that they had the worst first payout 30calendar/10trading/75% split.
So, is everyone running around confused in the prop land, or it's possible that MFF was one of the top options available to customers?
SLIP THEM TO HELL
- Some of those communications are from the era of malicious EAs and before scammer rings were weeded out, establishing methods to combat malicious users and EAs. And only applied to malicious customers
- Horrendous PR and perception. Zero trading condition discussion in prop review space, so nobody will point out, that being slipped to hell at MFF resulted in better trade outcomes than many available options.
All vol& session adjusted, at MFF USOIL spreads as low as 0, SP500 spreads as low as 0.1, NAS spreads as low 0.4 etc
Even if the customer failed to ignore the importance of breaking up orders and staying off the slipped-to-hell radar. Fills on the slipped-to-hell orders were better than many industry alternatives, where USOIL spreads are as high as 0.07, SP as high as 2.0, NAS as high as 3.0 (before their own slip settings)
Horrible practice as far as trading condition transparency and something CFTC frowns upon. But through the eyes of underfunded customers trying to maximize virtual opportunities, beyond serviceable.
CFTC discovers evaluation model
- Daily drawdown is predatory. 1) What
- Commissions are predatory. Huh? Sure companies without commissions and with superior trading conditions will have an advantage. Traders are being evaluated on performance including real trading costs, why wouldn't commissions come with that?
MFF failed the industry and customers by failing to structure the business and word the opportunities properly. As indicated by the recent industry-wide virtual scramble, they weren't the only one
Very possible the outrage is overblown when we look through the lens of educated customers doing comparison shopping and not regulators
Underfunded trading should only be done by those with positive expectancy
No amount of regulation or transparency will make 100% of inexperienced traders profitable
GL, diversify
💜 GIVEAWAY 🖤
🏆 1 $SOL each
Who wants to play a game 🃏?
💨 drop a monster in the comments
💨 RT + follow
💨 tag monster gang
2 winners over the weekend.
Let’s hear those OG roars
#Solana#SOL#giveaway#NFTs
If you want to buy a Solstead and want to know if it's legit, you can look it up on https://t.co/OArthJhejV and it will tell you it's for sale and provide a direct link to a legit listing.