Hello everyone, Lots of messages, lots of feedback etc. We will be putting out clarification about the 4-6 months thing, the email was supposed to say UP TO 4-6 months. @HaiderMFF is working on that now. Some good constructive conversations I have tried to get into in the moments where I have a breath to talk to people. I am currently close to working on adding the 3rd 2% to the program, some technical things to check first but looks like a possibility of doing it. Also working on a way to bring the reset value down to make it easier to reset the switch either by points earned or some other means. We are preparing some additional information for people and to do some side by side comparisons to allow a clearer perspective. One of the things that stands out from the constructive criticism is that folks keep mentioning there are so many rules, but the only rule that really is the friction point is the only one mentioned. Our focus is on expanding that in the traders favor scientifically because in reality there arent many rules, just one people dont like. If you cover over that rule and look at the rest of the program your perspective shifts so there is a middle ground to look at there that isn't just "bring back the bankrupt models". There is a lot going on behind the scenes, and I do read most of the messages. I am muting some loud people who can't control themselves/ represent themselves poorly and says things that don't belong in a global community (racism and all that crap) but your constructive comments are heard and appreciated.

Lots of questions, lots of misinformation, lots of real grievance. Today has been very busy, so I haven't been able to send many replies - tomorrow when I have had a moment of sleep I will do a write up. Today was filled with infra building and working on the trading side of things. Speak with you tomorrow.

Lost for words, just saw someone comparing their favorite prop to pump fun in a positive light. Nope... too much internet for today.

On the A-book stuff there is a something that people are missing. I think Gandalf might have eluded to it but im tired and cant go digging it up. You can a-book prop traders, but the prop firm itself lives on net PL of the entire Abook, not the trader individually. So you could have 100k payouts and 20k PL on the abook, with a shortfall of 80k (eval fees/other revenue you might have make up the difference). With the massive churn, without a pass rate figure its hard to quantify it, but if some of the churn figures are real, your net PL on a-book would be negative depending on the pass rate. For the instant account, there is no risk, you can a-book them and fees = revenue. What bothered me the most about this time line and I did promise others I wouldn't speak more about it but just this once I will due to your great video - You cannot make a market and be a-book at the same time, you are basically just sending orders to a bucket somewhere else. For me that was a massive trigger, it felt a bit offensive to my soul but I gave up talking about it because some special cryptobros tried to bro science me.

“We need no spreads”. Friend you need to take a nap.

Haven't been replying because I was watching the abysmal manchester united side lose again :(

Another question. Where does the DD upgrade go? Is it the intern dd or the partner DD? Its the partner DD you are upgrading and can upgrade to 100% utilizing the points system.

Someone asked about accelerated. Accelerated the max DD and weekend hold are the only rules. The rest you do whatever you like. Gap risk applies unfortunately there - again working on that as well. But conditionlessly take rewards when you want, scale account size from points and just enjoy.

Regarding weekend holding. We have a solution, but not for XAU, US30 and US100 US500. Some of you who provided early feedback, I want your feedback on this. Weekend hold allowed excluding those 4 symbols Y/N? A reminder of the reason behind the rule. If 500 traders have 1 lot long XAU, the company collectively (this is prop after all) has 500 lots of long risk on XAU. If the market gaps down $150 friday to sunday, it will ignore your stops (you will lose way more than your stop loss) and exit on first available price which for 500 lots, isn't even the first tick. If you calculate the dollar value of $150 gap against 500 lots, its self explanitory on the why. (I think the total loss is around 4.5m? correct me if I am wrong). 500 Prop accounts with 4.5m risk (september was the last gap of that size). Another option that could be made available but I don't think people will like it, is to have the position close on friday on a "swing account" type and reopen on sunday morning minus any fees so the gap (loss or win) is discounted but you are in your position still, we will take the hit on the fees to make sure the gap is only discounted but the Profit or loss from the gap wont be there. This would require some technical work on our end but is doable. *THESE ARE NOT DECISIONS, JUST DISCUSSION FOR NOW TO FINALIZE OPTIONS*

A few folks seem to be a little confused about partner status. The 2% doesn't follow you - its static. If you have an account and you make 5% on the first trade, you can risk that 5%, its yours to do w/e you want with it. There is no daily drawdown or trailing or floating margin rules or risk per trade rules or any of that stuff. In partner status you decide what you want to do not us.

Quick, send a message to your affiliates on retainer to attack whilst you wrongfully ban people. :)

Too many years as a broker in my pocket - account flipping has never really been that common in a brokers database. Martingale yes, flipping no. Its mostly a social media phenomenon. Usually attached to some other sale somewhere else.

The Lanto subject: Lanto is again, taking the blunt end of a stick for something that is a rampant feature in the influencer space around futures and now perps props. Oddly enough, its not that common in CFD's, could be because of the models, idk. There are legal issues around this type of false marketing, perhaps not in the US, but definitely in other countries of which there are audience participants. People in the UK, UAE and Australia in particular should be very very careful on their messaging as these countries in particular have a higher liklihood of some sort of penalty for this behavior. Attaching false claims or misleading claims to course sales or discord memberships is also under scrutiny in those jurisdictions (amongst others). Again, its not a Lanto problem specifically, its an industry problem. I feel that collectively it can be resolved, calling it out is a start.

Some folks have been asking me about other companies programs and that kind of thing. Honestly, I have published my thoughts whilst doing my research on many different things here on X. What we have built is based on that, on my (and a few others) actual experiences when trading props etc. I am glad when other companies are innovating - in the end the marketplace should never just be a bunch of companies with the exact same product, options and choices to fit an individuals requirements is very healthy. Prop trading was never meant to be an outlet store with 5 of the same shirt just in a different color. It was supposed to be a department store where you can go for the things you need and find other things you might like on the way. My opinion - and its mine - is that prop lost its way during the race to the bottom of 2023-24 in CFDS, and futures has lost its way albeit the labs are showing attempts to innovate. In the end its best if there are many different options for many different types of traders and the traders go where it fits them best. If payout security is your priority go to company A, if trading conditions are your priority go to B, if cheapest price is your priority go to C. You don't go to a mall and expect to see the same shop over and over just with a different name on it.

I will be away from my desk other than for the live stream today. I will be at the live stream of course to help shed more light on our new program, very exciting times. However, some personal matters I need to tend to outside of that. I know many of you have sent messages and comments, I apologize for my tardiness - if its something you need support with the team on the @MyForexFunds handle is active and beefed up to help.