Mat

@wanderingsoulfx Thank ya! 👊 likewise and stay frosty. Once I complete the work I'll be back :)

@MTradingX Best of luck my brother! Been a major friend in this empty space!

Taking time off socials. Fortunately managed to close out everyone that reached out with help on payouts denials etc. if I will not respond from today you now know why. Work mode is fully on, and socials were a massive distraction. Peace.

@Adam_Aabaad whats your definition of sustainable

@MTradingX Do you think two step is not sustainable? As it’s not in the original shape it used to be. Lot of rules

Why 2 step challenge became the number 1 seller in the prop industry? 1)Price: 2 step plans became cheaper than 1 step alternatives 2) Trailing drawdown turned into Static and Balanced based 3) And most important created higher pass rates and opened up higher chance for people to get bigger payouts which turned into marketing and therefore further industry growth What people do not tell you it's not only CFD market that's struggling, but a lot of the top props that are running Futures market are also in red, some pulling millions in revenue and not making a single $ in profit.

@Risky_ra0 @Alikhan_tpt unless he is a millionaire looking to waste his cash, then wish him all the best

@Alikhan_tpt @MTradingX connect with him 🙂

I want to start my own prop firm. I’m looking to collaborate with an existing prop firm or connect with someone who can set this up properly If you’re a prop firm owner or you know someone who can provide this space connect me with them Please reach this post to the right people.

@str0ngl4nd you're thinking like 0.1% of the industry, not sellable.

@MTradingX I think it's a bit sad that nobody came up with a trailing drawdown that trails for example 0.5x of the profit gain. The closed balance and equity trailing is just pure evil. A slower trailing seems like a good idea to me, but what do I know.

@PropJoshD Yep some paid bots, but a lot of the reviews are "fake"

@MTradingX should see how many "first post" forum posts glazing FTMO there are on various boards across the internet. User comes, talks about some amazing payout, disappears never to return. Has been going on for 5+years.

Trustpilot can be bought by having enterprise licence, you can then set up plugins to have reviews on customer support as every support ticket is a "new experience" large companies are then able to mask 1* reviews with a ton of 5* Bot like reviews. It's smart.

@Capital_Hungry We all live in his simulation... a Temu Matrix.

Welcome to the Casino, I mean Circus, I mean Hell on earth lol

@pelletrades1 just an idiot on the internet, some would say a 'brokie'

@MTradingX Curious of your background/experience my friend. Your bring solid point and insane value with your post. Keep it up 💪🏻

MY OPINION: 99% of these "path to live" programmes were a nice idea to offload profitable people, but most of them are now overly complicated, where props are trying to one up each other... going in the wrong direction. Let me break it down: Most "traders" don't have a fucking clue how to set proper stop losses. They don't even understand pips or points. 99.5% of them didn't join the prop game to build a real live account. They joined to turn a $500 challenge into a $10k payout in a few days of reckless trading. Risk management? Non-existent. They pat themselves on the back for risking "only" 0.5%, 1% or 2% per trade… but with a 5% daily drawdown limit, that means they're actually blasting 10%, 20%, or even 40% of the account's daily tolerance on a single bad day. AND THIS IS FINE! For most it's dumb gambling, those who understand good principles and are disciplined it's an amazing industry. At the start this was 100% by design. You risk 2% per trade, take 2-3 losers, and boom, daily drawdown breached. Most account blow-ups happen right there. Now throw the insane amount of rules that the props have added and no wonder why you see a sales slowdown across the board. Yes, should there be more rules than in poker or blackjack? 100%, but I started to see some crazy limitations... FYI ... YOU ARE IMPACTING YOUR SALES MASSIVELY BECAUSE OF THIS. Additionally they sell this amazing "path to live" like it's the holy grail every trader should chase. What they don't tell you is you're better off just risking the $300-$500 on the challenge fee with its $5k drawdown buffer. Once you're on the live account, you're suddenly risking 5x to 10x more in real pressure, and sooner or later you blow it. And when you do blow the live account? Does that trader go back to the same firm? Fuck no. There's zero incentive. This is exactly the opposite reason why brokers and casinos became multi-billion dollar industries. They have very low barrier to entry, quiet way of dealing with cheaters, and are simple. Pick a number on a roulette or black or white and bet. Get 21 in Black Jack to win Poker is a mastery of bluff skill and genuine game knowledge (most comparable to trading) Slot machines (well...) AND lastly CFD live brokerages with unlimited leverage

@gpsychfx Change? You change much from core mechanism, but its improving retention and acquisition. Same as props.

@MTradingX Interesting what do you think needs to change in the broker space ?

Hot take: Brokers have much higher potential than props for now. A lot of the shit such as dynamic leverage on news were taken from props, but nothing in terms of client retention and acquisition pros.

@jeeniuz @ZamcoCapital Apparently not, at this point it's whatever

@MTradingX @ZamcoCapital Sounds like he didnt get past your first sentence

I think you need to rethink your definition of “trading” You think you can ONLY be a trader if you work in institutions with access to “real” liquidity and all that BS. Guess what, I also use order book in my strategy when I trade LIVE futures markets. Guess you spoke without knowing much about me. Just say you’re broke and sit and complain on X all day long rather than actually making real money.

Real trading yes, I stand by my statement. Are you a good prop trader? Pains me to say it cause your ego will swell your head too much but yes, you are. I did change my mind on individuals like yourself. Unless you work for a Tier 1 bank, you have no access to real liquidity, what you see on live/prop brokers is data aggregation across multiple providers, it's all fugazi, all buzzwords that mean nothing, especially in FX CFD trading. Futures is a bit off a different story, but even then a lot of the transactions happen within dark pool, which again I highly doubt you have access to. Main "real" trading happens in the options market. Does that mean your strategies are wrong? No. Can your trading strategies be applicable to props and people can become profitable? Yes.

You also mentioned I don’t know anything about trading. I don’t appreciate that. I have 8 years experience in this, I day trade EVERYDAY for a living, I LIVE trade with my community twice a week. Surely a quick search on my youtube video breakdowns will show that I have some understanding of how to trade and approach the market. I trade market session opens, liquidity sweeps, reversals, market structure, inefficiencies, premium and discount.

Am I the gambler?👀

@i_firing @ckcapitaluk_ @tradernickfx Give your head a wobble if you think he is legit, with that kind of cash he wouldn't be running shitty ass signals period

@MTradingX @ckcapitaluk_ @tradernickfx That's a strong accusation. Any comments on his broker login while you are at it x.com/tradernickfx/s…

Hola Prime everyone. Gambler with a house edge that knows fuck all about trading Scamming fuck that has an own prop called @ckcapitaluk_ And have 0 idea who the others are. This invite only club is another way to offboard profitable people, well looks like more innovative ways to bend people over who are net positive

@i_firing @ckcapitaluk_ @tradernickfx 500k subs and 5k views... botted or bought subscribers

@MTradingX @ckcapitaluk_ At least try and find out abit about the other traders like @tradernickfx whose entire schtick as it were is trading through a brokerage and providing transparency @TraderNick" target="_blank" rel="nofollow noopener">youtube.com/@TraderNick

@propwarzx We need a better name

@MTradingX I've been wondering what comes next...

Prediction market logic + spread betting legal backing and i think there is a way to make this industry interesting again. May have cracked it, time to have some weekend fun whilst travelling. Biggest calculations to solve is A) minimum point of entry and how that point operates B)ROI from customer perspective