Is Funding Talent a SCAM ?!
- Thread starter Saxio
- Start date
Considering 95% of the traders lose with the rules and the parameters that they set up, this makes sense. So this is exactly the same business model of those pure market-making brokers who trade against the clients then. It's just that they collect their profit or I should say make the clients pay for their losses upfront in the form of user fees.
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If any of these outfits that lose money when the trader makes money are clearly a scam.
On the surface these prop firms seems great for those with small capital but the reality of whether they are legit trading with a live account at all let alone a $300k one is unclear. If you are able to turn over the money that some people have to not get paid out then compounding a personal account may be safer even if slower.
I'll ask you this. If my profits weren't legit, why would Jessica tell me specifically no one earns anything, and she has the right to refuse pay out to anyone for any reason. Furthermore, I beg to ask you why she would have someone pose as another person based out of Nova Scotia to threaten me and my job? Just goes to show you she's hiding something, ultimately she is a con-artist. The person that threatened me only comes out to play when the reputation of Funding Talent is being hurt either in chat rooms or on forums. When you see someone defending Funding Talent against all logic and reason there is one of two reasons in my opinion from my experiences.
1) They are being paid by Funding Talent
2) They work for Funding Talent
Funding Talent is a company that has to protect itself from offering large payouts because they only survive based upon not paying people out and collecting money from people failing their challenges. If your a person that supports that business model, you are not a trader; you should just goto the casino, that is their business model not the game we play of trading the market.
1) They are being paid by Funding Talent
2) They work for Funding Talent
Funding Talent is a company that has to protect itself from offering large payouts because they only survive based upon not paying people out and collecting money from people failing their challenges. If your a person that supports that business model, you are not a trader; you should just goto the casino, that is their business model not the game we play of trading the market.
I think you quoting me and asking what you're asking is misdirected as I have never defended these scam companies and even created my own thread exposing this business model here:
https://www.elitetrader.com/et/thre...ese-get-funded-programs-is-a-bad-idea.360334/
My question with regards to you was how you were able to generate those profits as obviously you've done very well.
they always say - until you try - you won't know!