Lux Trading Firm
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I dare you to release the amount of…
I dare you to release the amount of traders you refuse to give live accounts even though they follow the rules. If you do this then you will be out of business very soon. Your rule clearly states the following ** The first thing you need to do is decide what % of your Remaining Risk Capital (RRC) you’re willing to risk. In the evaluation stage you can decide this, in later stages your risk manager will set a risk limit for you. ** Since I am in the evaluation stage I chose my own % You have so many rules you don't even remember them all!! I chose $750 risk for a short term trade for less pips and $1,500 for more pips. They said the difference is too much so I cannot be given the live account even though I need to make $150,000 profit. Absolutely ridiculous!!!!! You guys have to realize every trader makes a mistake once in a while and I can prove my mistakes was kept at a minimum but they are looking for perfection which does not exist. I'm convinced Lux trading firm is a ponzi scheme because whether you fail, reach the profit target, follow the rules it's rare they give anyone an account. Please post my results so the public can see how I traded, so they can see how unrealistic your expectation is! If you felt I was not following the rules why did you wait nearly 2 months until I reached the profit target to tell me my few mistakes??? You are just wasting peoples time and money. Not even once I came close to hitting the 6% relative drawdown. At least the virtual prop firms are giving people a chance. ----------------- UPDATE ----------------- I have had a few days to think about everything and I have come to the conclusion there was a misunderstanding on both sides. First of all I was following your rules based on what I saw and since I never received any warnings, I assumed there was no problem. Look at it from my point of view as a lot of sacrifices has been made in order to achieve this, such as money, time and going to work while remaining consistently profitable. Reaching 15% profit with multiple small wins is not an easy thing to do, which obviously demonstrates there is serious potential. If you are flexible then I am willing to partially to redo the evaluation to prove it was not a fluke, but a misunderstanding. --------------- UPDATE 2 --------------- Admitting I'm wrong? first of all, I am not wrong and never admitted I was. I said it was a misunderstanding, let's be clear on that. You say I don't understand your rule, have you thought of the fact that your risk management rule is not clearly defined that's why you have all your customers complaining? How are you so comfortable making things up? I have never used MYFxBook chart to make any analysis, don't say what you don't know okay. You claim you let a few mistakes go, by warning traders you never warned me over my mistakes as you claim, another lie. You never even gave me a chance to do a part over as you also claim. I spoke facts in my previous review and I stand by everything I said. I only updated my review to see if you can allow me do a part over since there was no previous warning, but it's obvious you don't care about your customers neither are you willing to make any adjustments to resolve the common issues you have with everyone. You must know that everyone trades differently, you might as well trade your account yourself and stop looking for traders since no one can satisfy you. At this point I don't think, you are capable of building long term relationships with anyone.