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Search: Posts Made By: jlabtrades
Forum: Trading Reviews and Vendors September 19th, 2023, 06:21 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
Exactly, another forex b broker, except this time...

Exactly, another forex b broker, except this time they mixed it with the eval/signup game.

If they set it up as signup fee, sim only, using trusted brokerage (like tradovate) they would have been...
Forum: Trading Reviews and Vendors September 19th, 2023, 02:18 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
The pdfs were shown in the other thread if you...

The pdfs were shown in the other thread if you want to read https://nexusfi.com/trading-reviews-vendors/60132-prop-firm-fraud-futures-back-my-forex-fund-scam-cftc-ruling.html#post890291 and my...
Forum: Trading Reviews and Vendors September 19th, 2023, 02:11 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
100% this. They should openly say it. If...

100% this.

They should openly say it. If they hide it in a 100 page terms and condition page, thats officiation and just shady. If they don't tell you then thats a problem.

And I see the sim...
Forum: Trading Reviews and Vendors September 19th, 2023, 01:20 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
I was responding to the post where you said ...

I was responding to the post where you said



And that I agreed with the other poster that just because you trade poorly I don't think you should leave a bad review. Shouldn't the review reflect...
Forum: Trading Reviews and Vendors September 18th, 2023, 09:39 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
A ponzi is a ponzi when payouts only come from...

A ponzi is a ponzi when payouts only come from new signups, and you have to continuously bring in more and more people to keep the payouts going. Fantasy isn't a ponzi because the casino makes money...
Forum: Trading Reviews and Vendors September 18th, 2023, 04:41 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
To be more legally clear I think APEX and others...

To be more legally clear I think APEX and others should drop the $50K account "size" and instead just make it the same as the drawdown.

That makes more legal sense to me, saying you pay $30 a...
Forum: Trading Reviews and Vendors September 18th, 2023, 04:39 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
That not the legal term of an investor though. ...

That not the legal term of an investor though.
You need to deposit you money into an account, and then use that money in the account to speculate on the market by buying and selling commodities. ...
Forum: Trading Reviews and Vendors September 18th, 2023, 04:31 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
It isn't you're money though. You haven't...

It isn't you're money though. You haven't deposited money into an account for trading. You subscribed to a service, which gave you access to an account that had a balance.

If these were like a...
Forum: Trading Reviews and Vendors September 15th, 2023, 10:26 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
I'm with sevensa on this one, and I'm not sure...

I'm with sevensa on this one, and I'm not sure why you're defaulting to Apex being a bad actor.

You're also assuming they make 100% of their money from new subscriptions or reset fees. What about...
Forum: Trading Reviews and Vendors September 15th, 2023, 08:28 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
You might like to see my excel sheet I have on...

You might like to see my excel sheet I have on Apex winner analysis (I don't have the losers, only published payouts). The overwhelming majority only make it to one payout and then aren't seen again...
Forum: Trading Reviews and Vendors September 15th, 2023, 08:26 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
It doesn't have to be inherently evil if funds...

It doesn't have to be inherently evil if funds aren't immediately available, it could just a bad deal.

I get the feeling that a lot of people on the forum think its illegal that these places dont...
Forum: Trading Reviews and Vendors September 15th, 2023, 08:20 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
This isnt true for nearly all of the sim prop...

This isnt true for nearly all of the sim prop firms. They arent taking the other side of your trade, they use a independent platform to handle the trades and filling. Also most people will only ever...
Forum: Trading Reviews and Vendors September 15th, 2023, 12:10 PM
Replies: 71
Views: 7,991
Posted By jlabtrades
You can check out the apex thread, but theres...

You can check out the apex thread, but theres quite a few people on here that have made money with Apex, myself included.

I'm not sure how they get the most of their money, but I believe that...
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