Simranjit Singh (@ghostwavvy) header
Simranjit Singh (@ghostwavvy) profile picture
Mars
Joined August 2022
Seeing all this prop firm drama, i am so glad I pivoted from this 7 months ago.
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Saw this and im deeply concerned as i have been trading with @BrightFunded myself. Have asked in their discord as well about maximum lot size rules and was told they have none. Your available margin is the maximum you can risk with them. If a trader is going to have his profits cut from 25k to just 5k for trading just 10 lots of gold on a 200k account, then this is absolute nonsense that should not happen at all. @BrightFunded can you please clear up any misunderstanding if there is any with the trader? As i am not the victim and not experienced it first hand, i dont want to jump to the conclusion of calling you a scam, but judging from the information and screenshots provided by the poor trader, it does look like he was being treated very unfairly. @BrightFunded please do clarify what happened here, thank you @PropFirmMatch @TraderBach
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Just received my first payout with @AscendxCapital , this is a very important payout to me because, it came at a time where its hard to find prop firms that are reliable nowadays. With this payout, I have one more trusted prop firm added to my list (currently only consist of @AlphaCapitalUK @FundedNext @AscendxCapital ) Am also currently funded with @BrightFunded and trying to reach a first payout with them as well I am not saying that any of the firms outside the aforementioned 3 is shady/scammy, the only ones i would avoid at all cost currently are @BlueGuardiancom @AquaFunded @myflashfunding I look forward to working with firms I have been funded and got payouts with previously again. I took a break from them because of various reasons (change of rules, change of pricing or even banned from purchasing new challenges) Should they operate like the good old times, I am always happy to trade with them again. One last note, @AscendxCapital has recently been attacked by a sore loser (breached his account and not willing to take responsibility for it) on @Trustpilot , even offering to pay people for negative reviews directed at the prop firm. The owners have shared screenshots of proof of this in their discord. The irony is that most of those paid negative reviews were allowed to stay, while genuine positive reviews from fellow paid traders were taken off. @Trustpilot is no longer a credible source for me to judge a firm, and I would recommend that people speak to funded traders themselves of any company for a more reliable feedback/review.
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So lots have been said about the 2% max profit per day rule. But the best analogy must have come from this friend of mine from Kuala Lumpur, Malaysia. He says : "asking me to cap profits and losses at 2% per day is like asking me to bring $2000 to go up to Genting (Casino on top of a mountain in KL) to gamble. If I lose the $2000, I will be asked to get down the mountain, come back again tomorrow, and if i win $2000, I get kicked out of the casino and down the mountain, might as well I go back to my 9-5" 😂😂😂
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Replying to @blakebefree
I bought and passed both my challenge phases after April 15 and so your fabricated data feed discrepancies has nothing to do with turning my 2 phase challenge into a 3 phase challenge you thief. You clowns simply ran out of money and came out with the most ridiculous explanation never witnessed in this industry to try justify robbing traders their profits. And you realise you still haven't got enough money to pay out so you start delaying or reducing people's chances of getting funded by saying passing 2 phases didnt give you enough data to judge a trader's abilities to trade in the market and imposed a 3rd phase on them.
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