₦airaland Forum

Donsheddy:
that will be stressful.....
and another thing with fxblue one can escape this daily d.d cus fxblue update its record every 1hr abi 30 mins...
the result won't be real time.....

if we really want to go with the 1 month then two phase competition should be it.....

the profit and losses and both phases will be added to give us the real winner....


Example

Trader A made in Phase 1 +3% and in phase 2 + 5% --- Total Profit for trader A = +8%

Trader B -. Phase 1 -2% and phase two +13% ---- total profit +11%


So trader B won the contest...
Something like that.....

Any trader that hits daily d.d shouldn't in phase 1 won't join the phase 2....


Simple

This is best way to go if the contest should last for 1 month. Taking the advantage of ftmo matrix is very important in this type of competition and its simulate a real challenge scenario and ability to get used to this prop firm platforms.

if not for 14 days time constraints ftmo platform is the BEST but still that can be easily overcome with two phase challenge. Even no need to stress about fxblue metrics again. FTMO individual traders matrix is self explanatory and security tight against any fraud. Also no one will see what other traders open orders are which will further prevent cheating.

Caveat: if any trader achieve 10% in the first phase then no need for second phase .

But if there is no outright winner in the first phase, then the above model should be used. That is the challenge should run full course of 2 phases and total percentage gain in both phases should be added and the winner is the one with highest percentage gain... Balance.

Cheers.

Donvic4u:


To boss Jakpayen,

And to anyone having second thoughts on myforexfunds

My payment arrived less than 24 hours after I requested the payout
Currently sitting in binance p2p

What better way to start the year

All thanks to God
N boss infofirst

Congratulations! Wishing you more successes.

yetown:
Rules for 2021 December Trading competition.
Organized by http: //t. me/ propfirmreview for all confirmed contestants

Sponsored by��
1. E8 Funding
2. Sacrosactcapital
3. @violetteleanne)

Read carefully especially No 3 & 4.

1. Create $50K FTMO FREE TRIAL ACCOUNT

2. SEND THE ADMIN the following details
* THE MATRIX LINK =
*Login and investors password =

3.Trading Starts on 8th of December 2021 UTM ( Trading before this time will make you to be disqualified instantly)

4. Post the markup chart of the trades you take in our group http: //t. me/ propfirmreview (with little explanations), this is to help discover people with multiple accounts and also help prove that
you know how to trade and not gambling

5. Trading ends on 20th December 2021.

6. Winners will be announced on 25th of December



The prize winners will be selected based on leader board's results, it will be automatic selection.

The top 3 traders with highest balance and no violation of any rule will be selected as the winner ( if we get more sponsors more traders will be selected)

The admin reserve the right to disqualify any contestants if trace of multiple accounts is discovered

Winning prices
1st winner = $25k E8 account
2nd winner = $25k sacrosanct capital account
3rd winner = $10k MFF account

(Our aim is to help good traders who really know how to trade to get funded)

Rules.
1.No tick scalping allowed
2.No weekend trading are allowed but you can hold the trades in weekend

Wow! I am one of selected winners (4th position) of this just concluded @propfirmreview competition on telegram. This is birthday gift for me lol as today is my birthday. I hope to be successful with MFF 10K funded that would be given to me, so that I can equally sponsor someone here in near future.

https://trader.ftmo.com/metrix?share=5f8760329033

http: //t. me/ propfirmreview

Feshizzy:
80% of trader knows nothing about trading,
I'm in a channel for a prop,
You need to see the sort of questions being asked,
It's just clear indications there's more gamblers than traders.
It's good for me, Atleast i know for sure, that prop would always be able to pay me

If you don't discipline yourself, mother market will.

I concur and yet this people want to go prop firm directly. In fact if one is not consistently make profit for three month on trial account they don't have business paying for the challenge because it's obvious they will end up losing it.

GabsonFX:
A good example is the TCF monthly package: the rules are so strong that they expect that you keep coming back to pay the monthly fee in order to keep your account active: lot size limitation, limited leverage, etc. If their rules were better, we would see few people winning the contests.

34 participants from the 1st contest, about 38 participants from the 2nd contest; now imagine these 34 + 38 = 72 ish participants had paid for the monthly package, imagine how much (72 x $345 = C$24,840) into the prop pocket just in 2 months. now imagine the number of participants all over the world taking this monthly package.

PS: I do not insinuate that the participants are not good enough for prop (not all) but all I'm saying is that these prop firms understand the concept behind fx trading, thus legally or reasonably turning a legit business (fx) into a ponzi scheme or so called MMM but LEGALLY all in the name of proprietary firm trading....

You're right boss, and that is why is always good to simulate the real challenge and practice on trial/contest for months like the one you organise and infofirst and after satisfactory performance one can now go for the real challenge. But the impatient of people make them do lots of mistakes and loss their hard earned money.

I played a lot with demo/trial/ contest just to make enough mistakes to learn from it. You wouldn't believe the last contest I am still trading it with same parameter, learning/ unlearning along the line until I will be consistently profitable with it and then satisfy to go live/ real challenge with it. So it's matter of patient and understanding our limitations while honing our skills along the line.

I still want to believe that those prop might actually invest in selected few of Expert Traders that are consistently make profit without necessarily paying them with failed challenge fee.

infofirst:
Thats not correct. Total live accounts already means those that have passed the two stages.
Other accounts were demo not live

Yes. Traders are the issue as 90% have a wrong understanding of the market and how it works. They have poor risk appetite and a not good psychology

You're missing the point sir. Do those initial/demo trader didn't pay for the challenge unless otherwise. All started with a mission of been a funded traders and ultimately being get paid. But unfortunately many choose to answer the call but very few make it to promise land.

infofirst:
October
New live accounts: 3544
Total amount paid out: US$1,482,627.31
Most traded pair: XAU/USD

Most profitable pair: GBP/AUD
Least profitable pair: GBP/JPY
Passed phase 1: 18%
[ 638 Traders]
Passed phase 2: 31% of traders who passed phase 1[b] [ 198 traders][/b]
Reached first profit split: 4% of traders who pass phase 2
[ 8 traders]
Important note: The pass rate was particularly high this month because our violation system was missing a large number of violations.

October Summary = 8 Traders Successful!

infofirst:
November
New live accounts: 5718
Total amount paid out: US$2,848,357.40
Most trader pair: XAU/USD
Most profitable pair: XAU/USD
Least profitable pair: GBP/JPY
Passed phase 1: 10% [572 traders ]
Passed phase 2: 24% of traders who passed phase 1[b][137 traders ][/b]
Reached first profit split: 3% of traders who passed phase 2[b] [4 traders][/b]
Important note: For the start of the month the pass rate was high due to our violation system missing a large number of violations
.

November Summary = 4 Traders Successfull!

In two months:
Total Traders = 5718 + 3544 = 9262 traders
Successful traders = 8 + 4 = 12 traders (0.1%)

The story is same with other prop firm. This means that there is something fundamentally wrong in traders approach in taking these prop firm challenges. A wake up call and proper instropect of our strategy and risk management.

GabsonFX:
FTMO Interview Request!

---

This is the 3rd Interview request I will be receiving from these guys, the 1st two were rejected, I do not want my face out there! Now another interview request is here based on my recent withdrawal where I made 95.65% Win rate from 46 trades and a total profit of US$19,113.00.

What do you guys think? Accept or Ignore?

Abeg show face make we see you live and direct boss, that's what is motivating us here. I must say, it is privilege sharing this platform with you and seeing you dishing out those words of gems, and that would go along away in making us believing in our selves and need to put more effort.

You're a testimony albeit very near boss that we can aim to be one day. Congratulations on your achievements! Pls grant the interview to stimulate us further here.

Stay Blessed!

GabsonFX:
I promised myself to stop trading this managed account until withdrawal, Dec 6, but gold keeps entering my eye ...Profits now @ US$9,072.43 for a 92.83% win rate.

Now, I have deleted the login and uninstalled MT4 - No more temptation to trade until then

I'm taking one trade per day on TCF, $200K challenge (just a quick enter & exit) only to make the remaining 5days for the 10 minimum trading days). By next week Thursday, I will make the minimum 10days and will be moved to the verification stage hopefully Friday, Dec 3rd.

I quit my job last week on 18th Nov on only 10mins notice, when you realize the workplace bosses giving you shit don't even earn reach wetin u get from fx. They requested to book my return ticket and taxis back home since they took care of that on my joining date, I replied that they should not mind, that I would book it by myself for myself. Booked flight and taxi that same day and left....Maybe, from January, I can return to my full gold analysis on FTA.

You can not be rich working for someone. Be the boss of your own.

Wow! You keep motivating, inspiring and gingering us each passing days. Stay Blessed!

That your last sentence thou lol �. Gracia!

GabsonFX:
200K challenge won in 1day, now I have to wait 9 more days to be moved to verification.

If I do a video of this and others on my YouTube channel, sure it would get 100K subscribers in 1month.

My FTMO managed account making about $6K profit, I will target $10K before withdrawal.

Wow! Boss you're master "Bomber", the way and manner you capitalize on your wins is extremely superb. This still show that in forex one should not feel dejected over any loss, you can always make much more without disturbing oneself over the loss but focus on "hammering " on next trades.

Thanks so much for being a living legend to this. My perspective keep changing for better through your trades.

Gracia!

GabsonFX:
I still smiled as I made my profit split this morning even though it dropped from $8K profit to $878 cos I'm sure of a continuous partnership with FTMO, fresh account will land today after they send my 80% share.

Think about it, $878 profit is not bad o, at all at all na hin bad; it was just a 2-week trade. In fact, this withdrawn profit go fit take care of the ongoing FTA $50K challenge ending in 2weeks OR it takes care of the credit I promised the 1st 3 winners. I go still get change sef.

Fibonacci88, how is your verification going: this message may be for you, you feel better if you lost a challenge than when you win a challenge and lost the verification, in other words: it's more painful to lost a verification after a challenge is won than to lost a challenge. Now that you have won a challenge, make sure you protect your account at all cost: meaning, if your account is say $10K, 5% daily DD, if you lost just $500, you lost the account despite still having 9.5K left - it becomes useless.

Protect that account.How:
Put SL at all time, alternatively, stay glued to your device to watch when it almost hits the %DD.
Prior to entering a trade, measure your SL gap coupled with the daily %DD and use it to determine your lot size....then set your SL.

I hope to hear good news from you: like you have been funded.

I admired your positivity, and no doubt you're a WINNER because that's winner mentality. No time to whine or cry of split milk. I must confess, I have learnt greatly from your psychological approach to trading. It is not easy losing that much in space of just few days, I must tell u I am pained! even on demo I always fell distraught seeing that happen talk less of live account. However, the lesson learnt from such mistake outweigh, far more important and bigger than the money loss itself. Because one would emerge better and more refined.

I have seen that one should never dismay or stop but should keeping pressing forward until things keep getting better each day. Your confidence inspired me a lot.

Thanks boss!

GabsonFX:
Another US$8,110.28 made on my $100K FTMO Account

---

I got this new account on the 21st of Oct, I think I will stop trading on this account, onto the next one. I'm OK with this profit on this one. Since I already made US$11,382 just 2weeks ago, added to this will be $US20,000 ish total profit this month. I think I'm OK, and will relax again till this is fully withdrawn.

I remember Elliotwaveforec asked for the metrix of my previous withdrawal, but this is the one for this for the house to see through.

https://trader.ftmo.com/metrix?share=1ac2011be97a

Profits to be withdrawn on 4th Nov (7days time)

My present aim is to now target the account scale up, I have surpassed the requirements already, which is 10% total profit within 4months. My account will b scaled to $125K and profit split will change from 80% to 90%...

This is wow! Congratulations boss...slow steady smashing. This is big motivations for us all... We shall equally be there soon God willing. Please keep feeding us this gist it means whole lot to us.

Stay Blessed!

Fxwarrior:
I will resist the urge to buy gold at any price short of 1800 as the risk reward at 1805 is not worth the risk.

For those who want to get a good risk reward, wait until tomorrow when you'll likely buy at around 1818 region to get 1838 with minimal risk.

For now, it's a struggle.

While gold is preparing for upward movement, I see it retesting the support at 1790 or 1775 before consolidating, and all things being equal then start heading up. Fingers crossed though.

samfelly:
Done now. You are successfully among in the Competition. Please, endeavour to change, ONLY, your fxblue password, while you also verify your old email now - follow the SMS text

Many thanks bro. I have verify my email as well. More pips to you lol... Thanks

samfelly:
Brightfuture44, kindly access your email and join

Thanks bro no any email yet from FXblue while yours is entering sharp sharp.

samfelly:
The only SOLUTION to dis sort of problem is to change the email address in your fxblue account and have it verified and then JOIN d Competition and go check the new email inbox.

CC: Largercoast

Even changing email didn't solve the problem, I have tried using another email but still no message from Fxblue.

Maybe boss should use same format he used for last challenge; sending the invitation to people directly. I have been trying since yesterday to no avail.

GabsonFX:
OK, I'm a bit free now: I said I would teach the house on 2 major lessons especially from my last trade.

B4 that, I want to inform you that I exited that US$14,900+ profit at US$4,895; I'm a real man here so I have to update you all about the outcome and not just a floating profit; many do this to entice and blow people's mind without any particular lesson to pass across.

Now, I want us to dialogue on what your take is on this trade:
Please take time to look at H4 to see a detailed view of how gold behaved between yesterday and today.
Would you have exited when I was already bagging US$14,000+ or would you have waited like I did and bagged the US$4,895?
Will you be pained for that?
At a point today, price returned from my $14,900+ to entry point (US$0) - see that bearish candle on the 4H. How would you have reacted when you saw this?

Let me hear from you all as we dialogue, then I can discuss the 2 lessons..................................WHAT WOULD YOU HAVE DONE?

Firstly, congratulation on achieving this feast.

As regard the reaction this will be entirely up-to risk aversion of the trader involve and his discipline in following his rules for exiting a trade. While no particular approach might be best bit the general rule of thumb I will take in such situation is to exit the trade asap or use trailing stop, because there is an adage that says nobody get broke taking profit.

This is where fx is somewhat tough, because taking profit was equally as important as entry price also. But sticking to one's trade plan Is the best.

GabsonFX:
I mentioned last time that I had stopped trading for the month and profits withdrawal to take place on 20th. Here we go.
Both profit share and my fee refund landing

Still motivating someone out there, fx is is the sweetest thing I know

Amazing! Almost 10 bucks you have there. FX is sweet indeed provided one can pay the price.

Keep it up boss.

Please how can one pay for traders central fund without any hitches. Can one use naira mastercard or bank transfer?. And which bank card is better to use.

GabsonFX:
I will answer your question with all sincerity and others interested can also learn.
1. The 1st question I ask myself in choosing lot size is: by choosing this lot size, how many trades or rounds will I lose to blow the account. So I then divide the share amongst 3 pairs, Gold, GJ & GU. So if I trade these 3 positions at good entries and lost them all, I count that 1 round/batch of loss, if i trade them again and lost, that's 2nd round/batch of loss. Now, if I do lost 4 batches in a row, I'm happy to blow the account. Of which, I doubt I will blow 4 rounds in a row.
However, if I blow 1st round of loss or even 2nd round, haaa the 3rd round will recover everything and give me more.

2. That moment is what I term surging, I stay in market and can feel that surging moment - I can see it happening but you've to be in a position and see it happening in your direction, that's where I hammer. If you are not in a position when it happens, leave it, don't join, let it slide cos you may be chasing price. Remember we talked about this when I created those FTMO threads right? It could happen when I'm fast asleep - I will be glad to see it when I wake up; but if I see it happening when I'm on system, I enter huge lot size (even ×5 sef) to catch only about 20pips of it, though still trading on D1. So I watch for the surge only on D1.
Pls note, I stick to my regular lot on my personal accounts, I don't do this on them; but for prop firm - this is how I hit them hard. Then when I achieve the account, I no longer see it as props but mine (personal)

Many thanks boss for that answer. I can somewhat relate to what you're saying now. But the surge happening in D1 and aiming for 20pips is very logical, though I will be hesitate to take such trade because I normally open my trade in lower time frame which must have shown overbought or oversold as case may be, hence fear of pull back crippled any attempt to add to my position. I believe practice makes perfect, over time one can perfect such approach.

This type of strategy is needed to pass the challenge, as you rightly mentioned and that approach spell doom for my buoytrade account. I had strategically position my self and add many lots in my direction only for small spike on opposite direction make me violate daily Max loss in excess of just $145 only for the trade to drop so hard that I would just win the challenge straight away. And you know I have just finished the previous month like around 6/7% in profit, so it was repeat challenge I decide to take the shot but as that's not my usual strategy it didn't work out but nevertheless a valuable lesson was learnt.

GabsonFX:
This Gold Call Update: Today, I was at war with gold; I woke up to see it almost hit my SL, na so I longed again with double lot, went further against me, I tripled my lot until I saw a pull back where I regained some of the losses.

I entered a revenge still on H1, went against me, entered the opposite, went against me.....then i put my phone under the pillow, said I'm done for today. After abt 1hr, I checked again with rest of mind, longed again still on H1 - my previous position, na so I see that long bullish candle in H1, took about 113.0 pips - yes, this is the push I ve been expecting, thus I gained back the losses, closed it and relaxed.

Gold almost messed up my psychology today, this is not me, mba, I don't trade this way. This is my personal account, not props, av gat to relax and continue at market close today.

Lesson: Avoid revenge trading.

Wow! Thanks for your openness and transparency. This happens to us all once in a while as long as one is a discretionary trader. You're bent to be carried away by the emotions and market fluctuations which throw someone off the balance and from our ideal trade plan. But it's always good to quickly identify this scenario and try not to revenge trading, it can throw somebody many days hardwork out in a jiffy.

Thank God you're able to recoup back some of your loss. But there is one technique I am trying to sniff out of your trading stats you shared few days ago on your FTMO challenge. The art of CAPITALIZING on your winning trade with that Excellent Lot Sizes. Do you pyramid while covering the lot already in profit or what?. Its amaze me but I really what to learn that technique if you don't mind sharing it.

GabsonFX:
Glory to God Almighty...I just bagged another live account with FTMO, this time US$100,000.
I passed the Challenge last month and now just passed the verification, just now!

---

Challenge: The first two pictures
Verification: The last two pictures

You can also view the accounts metrics here:
Challenge stage: https://trader.ftmo.com/metrix?share=8d70859c0ec8
Verification stage: https://trader.ftmo.com/metrix?share=a6e59bcd423b

I'm the happiest person on earth cos this verification stage dealt with me but I did not allow it to kill me.

Congratulations boss, this is sweet .

GabsonFX:
Pls check your mail, and try again

OK thanks

GabsonFX:
Done, pls check mail

Why the system disqualified me now. I waited till after 10pm and place a trade only few seconds later it sent mail that am disqualified lol. The lot size is not more that the specify lot.

GabsonFX:
Good day to everyone.....Reality check.

---

Many have been here since the initiation of FTA but nothing to show for it.
Many here joined many years ago, some 2, 4, 6yrs but can ONLY record that losses are more than the profits they have made so far in this business...they many times conclude that fx is sc*m
Many so called veterans here will bump the thread sometimes so you all can see that they have been here since ages but heyyyy, it's all numbers, it doesn't amount to success in this business - don't be deceived and should not move you an inch.
Many can't even count how much time and data they have spent to stay active on FTA.
Many are here wasting time and catching cruise.
Many are here trading demo all these years, no accountable profit can be vouched. Many here even hide that they trade demo but pretend they trade live.
In fact, trading cent account is another modern day low low that people now indulge in. Please note that I'm not against cent account, especially for learning purpose but for how long? how can this pay bills, tell me; OR is this business not meant that we live a good life? How long will you trade cent account for? 3years? 5years? OR are we here to play game or kalokalo? I can't imagine.

ONE DAY, REALITY WILL SET IN & CATCH UP ON YOU!
The time is near when your friends and family will ask you when? A time will come when you settle down with wife and kids when you no longer have choice than to provide for them, accommodations, feeding, kids school...etc.

What I strongly believe is that you can not continue this way, it's either you make it in this business or you keep deceiving yourself and no one here.

I know you will come to reality one day, because life reality will catch up on you one very nice day but I sincerely hope that you come to reality in time.

I sincerely hope that you determine and define where you truly belong in this business.
I sincerely hope that you realize as early as possible that faking it will get you no where, whether you deceive us or not, your bills will continue to pile and we won't be there when you go into debt.

How do you tell people, your friend (new and old), family that you trade forex but they can't even see it on you; hard to tell you have a forex income but you have been here more than a year deceiving us. Many things are wrong guys.....Your way of life has to change. It's either you succeed in this business or you keep deceiving yourself which you know deep down in your heart.

PS: This is not intended or directed to any specific or particular individual here, but from what I have been through before I got to where I am today in the business. After I traded for about 9yrs, These were the reality checks I did on myself about 4yrs ago & now I manage 6 figures account........

Check yourself again & again & amend your ways.
Shalom!

This is Deep! An eye opener. Gracia!

GabsonFX:
The model is meant to imitate their challenge of $10,000 capital with leverage 1:200 but 10% max DD.

May I know why you object to taking their free trial directly? Why need for separate account you described above.

Isn't it a good practice to aim achieve 10% even within their 15 days trial version without developing unnecessary trading habit.

What's your opinion?

GabsonFX:
I'm glad you see why I stopped explaining further to avoid unnecessary arguments.

Above all, prop firm is best if you can take a challenge with them, prove your capacity by meeting their objectives without violating their set rules. you get your challenge money back and get a huge amount from them; they become useless when you do challenge 3 to 4 or more times

I will use FTMO's lowest package as an example:
pay €155 ~ US$181 (90K naira) for a $10K account, win it, and you get a $10K funded account - max drawdown is 10% ($1,000)
Structure your mind such that you use US$181 to buy a $1,000 account from them, bonus is, you don't end up paying the $181 cos you are refunded after you pass the challenge and verification......This is how I go about with them.
At the end of the day, what this means is that you paid nothing to receive a $1,000 account which you wouldn't have been able to start with without this support.

The big problem here is if you lost the challenge, then you have to do it again and again, but the good news is: you are still on the gaining end if you do not relent, say you do it 4 times and lost all ($181 x 4 = $724), by the time you do it the 5th time and win, you end up with the $1,000 capital from them which is still counted a gain for you.

Above all, prop firm is the best if you can take the challenge once or twice and will, anything beyond that: I would rather save good money and go for a broker, and build my account with them.

I concur with your final conclusion here. And I think FTMO seems to be somewhat transparent with what they are giving you and what their model look like.

Thanks for that detailed analysis.

femora007:
u don't get it.
It's the same as $50 account with 100% max drawdown (self funded)

OK I see... This what GabsonFX was driving at indirectly. But let come to think about critically what is difference?

Prop firm = $50 ---5% DD on $1000 (lev 1:5) (max lot 0.3) or
Self funded = $50 ---100% DD on $50 (lev1:200) (max lot 0.3 or more)

They are basically the same thing. And it more logical to trade it on my own than give it out to any prop firm to "swallow" lol. This means that, most if not all online prop firm are "fake" except

GabsonFX:
NOTE: this is a long one...In-depth analysis

I have been looking through this since yesterday and I think I will completely ignore these guys: BuoyTrade. The following are my rationale for my conclusion.

1. They allow 5% DD (see attached Buoytrade objectives), that's not the problem, but on an extremely low capital ($1000), that's the problem. What that means is that you are not allowed to lose more than $50. This is how I choose prop firm: What this $50 max DD means is - Buoytrade provides you with a $50 trading account and not the vague $1000 stated (don't be deceived).

2. How can I be that stu*pid to pay $68 ONLY to get a $50 trading account with the enticement that I will scale it up....that's dumb. Why don't I just add more money and join a broker and grow my account with them.

3. They make it worse by saying you can scale up only after you make 5% profit without a single withdrawal: that's stup*id again, so that means I pay $68 ONLY to get a $50 trading account and then I have to double it, make $50 profit - that's 100% profit. After that, you don't withdraw it cos it's not your profit yet so you can scale it up.

So they expect their traders to make 100% profit and not withdraw their profits before scale OR I have to make 200% or triple the $50capital if I like to withdraw then scale up.

The question is, how many people double or triple live account? Next question is: how long does it take people to double an account without blowing it next.

So these guys expect that I should trade 1year with them before I start to make money and withdraw. I would rather stick to

Conclusion: I run.

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

GabsonFX:
Pay CA$85 (34,000 naira) monthly and you have access to US$12000 for each month you pay the fee. No challenge required. You get 60% of your profit made in the month.

This is what I previously mentioned that I want to analyze for you guys how to use small money to earn big. Instead of using placing all your 34k naira into live, this is what you should rather do

See the rules attached below.

Am seriously considering this model of TCF but when I compare it with BuoyTrade Direct model, am kinder lost. While both have their pros and cons. Am thinking that Buoytade direct seems a little better that TCT $12500 model.

In buoytrade direct you only pay $68 (N34k) for $1000 with Max DD of 5% and profit target of 10% (50/50 profit split) and your account would've scale up double to 2k ,then again to 4k ....8k up-to 1M every time you make 10% profit without paying for any monthly access or recurring fee and no time limit to meet up with the target. And for a faster scale up you could do that every time you achieve 5%.

So in your opinion which is seems good deal here? They pretty have same leverage 1:5/6.

samfelly:
About dis problem, what I think you can do is to Stop Syncing your account. And wait for an hour then Sync (Publish) the account all over again.

OK... Let me try it out.

Thanks

samfelly:
Okay. Just checked now, I can't seem to find you there.

I can't even find myself there, too. What is going on? I have not broken any rules, at all, I am very sure of it

@Infofirst, pls, kindly help us out

You can recheck again. Look at the second page. Here is the screenshot.