JakeTheTrader

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JakeTheTrader

JakeTheTrader

@JakeTheTraderFX

Only a passionate trader with big dreams.

Katılım Mart 2024
18 Takip Edilen837 Takipçiler
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JakeTheTrader
JakeTheTrader@JakeTheTraderFX·
After four months, five payouts and 19.72%, I reached scaling on my funded account with @FTMO_com 🩵🩵🩵 Some "miracle" influencers on Twitter, Instagram and TikTok can make that kind of profit in one go. They won't tell you that they'll take twenty accounts before they make it, but whatever. 🤔 Consistency and slow progress doesn't impress anyone. 🥲 You all want to get rich quick without working. But that's not how it works.🚫 Work on yourself, on your psychology, on your strategy, and take your time. There's no hurry. Forex isn't going away and there will always be plenty of opportunities to make money. 🧘‍♂️🧘‍♀️
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Bruin - E8 Risk Manager
Bruin - E8 Risk Manager@E8Bruin·
@E8Markets is on the edge of a HUGE milestone! 📈 $59,000,000 in payouts is right around the corner. The question is... will we hit it TODAY or TOMORROW? 🧐 And just like that, we're on the road to an even BIGGER milestone. The big question now on everyone's mind: When will we smash through the $60,000,000 mark? Any predictions? 🤔
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Andrew E8
Andrew E8@E8Andrew·
A $15,000 payout, approved in under two hours. That’s the power of trading with @E8Markets. Our trader Yoosup started with just $250 per account and received a $15,000 payout. Thanks to the model's built-in buffer, he's set up for continued success. I'll keep you updated once he requests another payout Congratulations, Yoosup! 🎉🎉
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Dan Cheung
Dan Cheung@wannabechamp·
Bulletproof Risk Management for Prop Firms With this risk strategy, your account is only at risk if you lose 17 trades in a row 👀 RT & Reply 'PASS' and I will DM my free guide (video + PDF) (Free for 48 hours only)
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JakeTheTrader
JakeTheTrader@JakeTheTraderFX·
@Abdullahfxx @FTMO_com It is the overall statistic from my all accounts during the last year. But I made 52 000 USD so far.
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JakeTheTrader
JakeTheTrader@JakeTheTraderFX·
My stats at @FTMO_com for the last year: And how are you doing?
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Incognito Risk Manager
Incognito Risk Manager@IncognitoRisk·
❓❓Which prop firms won the year 2025? ❓❓ The year 2024 was a very difficult year for prop firms and for many of them it was the worst year since they were established. Most firms' margins have fallen and many are only a short distance from bankruptcy, but of course this is not the case for all of them. Some companies have shown enough stability and the ability to respond adequately to the changing environment. Which firms are these? FTMO @FTMO_com is a symbol of stability and nothing has changed about that even in 2024. FTMO may have lost US traders, which must have been a significant loss for them as the US is the largest market for prop firms, but it is certainly not a significant threat to FTMO's stability. Theoretically, we can expect 2024 revenues to be slightly down or the same compared to 2023, which can also be seen as a consolidation that had to come sooner or later after some incredibly successful years. The Czech giant has retained its number one position among prop companies without any major problems and nothing will change 95% of the time in 2025. FTMO is the king and will stay the king The5ers The Israeli prop company didn't even come close to FTMO in 2024, but the @the5erstrading can still be happy with 2024. The5Ers has held onto its reputation as a safe haven among traders. I expect their revenues to have increased slightly from 2023 while maintaining very high margins, a clear result of well managed risk such as very low allocation, multiple account types and wisely set rules. Personally, though, I would have expected a bit more from The5ers. It seems to me that they are more or less stagnant and don't innovate much. But I can't be mad at them for that. They play their game, they have a stable business, great cashflow. What more could a company ask for? E8Markets @E8Markets has seen an incredible rise in 2024. While in 2023 it was losing a bit compared to its competitors, in 2024 it has catched up or even outperformed the majority of its competitors. E8Markets is the opposite of The5Ers. They are constantly innovating something, inventing new account types including their great done customization and to top it off they launched a futures firm towards the end of the year that has all the elements to speak up for the absolute top in the futures market as well. For me, E8Markets is the most entertaining propfirm on the market right now. Great marketing promotions like the Christmas calendar, huge giveaways, modern dashboard, huge amount of accounts, etc. If they keep up this pace in 2025, they will catch up with The5Ers and enter the battle for the absolute top. Clearly the best choice for US traders at the moment. FundingPips The beginning of 2024 has been extremely difficult for @fundingpips . Due to poor risk management, the firm ran into huge cash flow problems, which were solved by a large number of risk calls and risk rules for most aggressive traders. This got rid of a large number of bad customers for FundingPips, but unfortunately the way it was done irrevocably ruined their reputation among regular traders. Luckily for them, @Khldfx intervened in time and either removed most of the irrational and draconian rules altogether or changed them in a reasonable manner. Since then, FundingPips has been operating without any significant problems. They have introduced reasonable rules, introduced new account types that are very similar to what we know from Futures space. Thanks to them, traders know exactly how to trade and how not to trade and, in turn, FundingPips is in a much more comfortably position at the beginning of 2025 than at the beginning of 2024. Definitely don't underestimate FundingPips in 2025. It won't be easy to regain the lost reputation back, but if anyone can do it, it will be FundingPips, because Khldfx knows very well how to work with the community. MyFundedFutures While @MyFundedFX is not in a very good situation and I don't expect any improvement, @MyFundedFutures is performing incredibly. Within a few months it has made it to the top of the Futures market and looks like it will stay there. A lot of bad and senseless moves by @ApexTradeFund have helped them, but nobody cares. MyFundedFutures took a 100% chance and is now making stacks of money for @MattLeech . These are the winners of 2024. There are many more losers, although normal traders probably don't see it yet. But I'll cover them in the next Tweet, so don't worry and stay tuned!
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F. Hossain
F. Hossain@FarhanH14763966·
@JakeTheTraderFX Bro,they limit 1% risk per trade for me in live account. Did you face anything like this?
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JakeTheTrader
JakeTheTrader@JakeTheTraderFX·
The year 2024 has been incredibly generous to me.🪙🪙🪙 Most Furus will tell you that they are not happy with their performances, and that next year needs to be even better. But for me, all I need to do is repeat last year and I'll be happy. Don't be greedy, don't look at others and concentrate on your journey. Happy to share my @FTMO_com certificate. 👑👑
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Saquib
Saquib@sultanfx_sultan·
@JakeTheTraderFX I lost 2 accounts of ftmo of 100k each after making 20k 🙁. Hope will get funded with them again.
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Pluffy
Pluffy@_pluffytrades_·
@JakeTheTraderFX Nice one! btw if u dont mind me asking how much did u spend on challenges?
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Incognito Risk Manager
Incognito Risk Manager@IncognitoRisk·
On Twitter, every day someone cries that the prop firm scammed him, but when you look deeper, you usually find that the firm is right and the trader is at fault. For this reason, 99% of the traders who write to me in messages, I refuse and don't want to help them, because they are the scammers, not the firms. But today I will make an exception because I am sick of what @fxifycom has done. We all know that FXIFY is a company that rejects payouts more often than is reasonable, but this latest case has crossed all limits and I have to speak up. One trader, after spending over $8,000, finally reached the funded stage with his $100,000 account, but it was denied due to allegations of latency arbitrage. There wouldn't have been anything so strange about this, because the amateurism of some firms is so large that latency arbitrage can occur there, but as soon as the trader sent me his MT5 history and screenshots of the dashboards, I realized that something was wrong here, and that he was being rudely scammed. In fact, none of the hundred trades lasted less than two minutes. In fact, the average trader's holding time was 45 minutes, which completely eliminates the fact that this trader could have benefited from latency arbitrage, Latency arbitrage is namely a trading strategy that exploits time delays between different brokers' price feeds and this this strategy requires significant technological and infrastructure investments, including high-speed connection, powerful computing hardware, and Forex arbitrage software. Basically, it only has use for trades that last a few seconds at most. Once trades last longer than a few minutes, the advantage disappears. By this definition alone, it is absolutely impossible for a trader whose average trader holding time is 40 minutes to benefit in any way from latency arbitrage. When this trader asked for a secondary review and for some evidence, he was refused, saying that the decision remains unchanged. Of course FXIFY did not even send any evidence like Trading Logs from MT5, because there it would be seen that all trades were placed by the trader and not by any EA. This has completely discredited FXIFY in my eyes and confirmed once again that traders should stay away from them as they will not get fair and just treatment there. If FXIFY wants me not to spread this case further, my DMs are open and I will be happy to discuss this case. If not, my DMs are open to all traders who have a negative experience with FXIFY and I will help them file legal compliance against them.
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