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So you should have around $1.5k remaining in your account....I know it's hard, but try to recover slowly with only minimum lot size.
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
I don't think LeeLoo's system are very automated, thus having to submit all those screenshots when you pass the evaluation.
Surely, they understand the downside of having some of that flakey stuff on youtube. I will say, their website does very well in explaining how it all works.
You do not (double check me) get all your profits unless you stay with them for I believe about a full year. There is a pro-rated penalty.
I hope their trade copier is a "true limited authorization to trade a portion of their actual funded account", if not, pure trade copying is illegal in the United States. Further, if you had a blow-out (opposite of a blow-up) day and they chose not to copy you and others that day (i.e. trend day), they could be out some serious money, having to pay all those winners.
Sure would like to hear and see about some traders, the more the better, who have had a "long term" relationship with LeeLoo
I have been doing some research about gaming laws in LeeLoo's home state (actually read the statutes) and while online gambling is clearly illegal, you are allowed to gamble on games of chance (while in the state) as long as you are betting on your own abilities (thus trading). I don't think they anticipated online cross boarder trading when they wrote the laws, but it is clearly stated that online gambling is illegal.
Plus someone would have to take the initiative to enforce it.
Their initial evaluation and both their paying account types are pure SIMULATORS as they clearly say so on their website.
I don't know why they would say they might copy your trade. Once you have ever entered a trade could you!. tell for certainty whether it was going to be a winner or a loser? I personally never could. I think that statement is pure B.S., maybe more like a decoy.
In conclusion you and they are using the Rithmec platform as an independent score keeper for what amounts to pure online simulated trading thru and thru, no matter the size of your program. If you loose, they keep the entry-fees, monthly fees, and 20% if you win, which really means they just have to take out of their own pocket 20% less than you may have won in the simulator game. NONE OF YOUR TRADES EVER HITS A REAL EXHANGE LIKE THE CME, JUST THE SIMULATOR (a game). If you win, they pay you out of pocket based on what the simulator says you earned. They must be counting om and succeeding on having more losers than winners. THIS IS FURHTER PROVEN BY THEIR STATEMENT: THEY RESERVE THE RIGHT AT ANY TIME TO MOVE YOU TO YOU OWN FUNDED CQG ACOUNT. If you do well they move you to a funded account to reduce their exposure of having to cover your wins in the simulator game in which case they really would still get 20%.
I'm not sure or saying they think they are doing anything wrong, perhaps they consulted lawyers and it's acceptable. But for sure, a real trading account is not to be expected to be part of the deal. Buyer Beware.
Enhorabuena por haber pasado la prueba!
YO LO INTENTE UN MONTON DE VECES TODAS FALLIDAS
Hasta que me di cuenta por fin cual era mi fallo mas grande, la psicologia.
Ahora estoy tratando de pasar la prueba de 75k de earn2trade y llevo 23 dias operados
y 1250$ de beneficios Objetivo 4300$ de beneficios, no se cuando lo lograre pero lo hare.
Y la verdad que necesito ayuda porque llevo mucho operando en esta cuenta y muy pocos beneficios. ahora opero con 1/2 contratos. Creen que deberia ser mas agresivo y entrar con mas?
Any reply in ENGLISH would be very much appreciated in this part of the forum.
Otherwise, I'll have to ask my wife for an appropriate translation...
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Please do not continue to make non-English-language posts in the English sections of this forum.
If you wish to take part in these discussions, you will have to post in English, because that is the language that they are conducted in, and that most of the members of the forum can understand.
This is your second Spanish-language post here today. Any additional non-English posts will be deleted.
I hope you understand... there is no problem with Spanish as such. It's just that the other members, in general, won't be able to understand them, and can't respond either, so there can't be a conversation.
Thanks.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
Trade copying is illegal in the United States (no grey area here), with the exception of "you" having multiple accounts "just in your name only " and you apply software to copy the trade from one machine to the other to copy just "your" wholly owned trading accounts, -best, -fg