[Stanley]

I'm Stanley HF's helper bot. This OP (original poster) of this thread wants everyone to see this page and has elected to bump it to the top of the showthread listing. Since HF doesn't want a ton of LQP (Low Quality Posts) this is the best method of bumping your content. There is a small βyte fee for each bump. Any OP can bump any of their threads on HF from the linked icon on the top of their first post.

If you haven't already read the first post of this thread we encourage you to do so.

Thanks,
Stanley

[Bell8814]

How it works? PM pls

[• Enlil Wolf •]

How it works? PM pls

PM has been sent, thanks for your interest.

[woaics110]

How it works? PM pls

[.Alpha.]

Hey everyone, wanted to touch base on my experience with this project. It's officially been just over 7 months in the works now and I think It's time for an update, also after receiving messages throughout this time asking about my experiences.

First off, this is not a get rich quick thing. It will take many months, if not a year to see profits, depending on luck and scale.

My costs:
- I paid 11k for the perpetual license (20 licenses, also includes one time fee for management service, Wolf does not retain this)
- 2K to Wolf for facilitating it (I get 3 bonus licenses) (he was flexible on this payment, I paid it over 5 months)
- 500/month for someone to manage it (I got 6 months free)
- $45/month each VPS (I scaled to 2 VPS 3 months ago), so 7*45 + 3*45 = $450
- $20/month copier. 20*7 = $140
- $18,930 on prop firm challenge fees (and still counting)

Total so far: 11000 + 2000 + 500 + 450 + 140 + 18930 = 33020

The good (people only care about profit/ROI, nobody cares about the community/onboarding so long as they get money, so I won't talk about those):
- I was able to hedge some money back. $3000 in fees, approximately 60-70% of my fees spent were hedged back. I then began to switch to challenges with no hedging as the numbers/ROI were better, hence why such a big difference in actual spent vs hedged.
- I received ~$12400 in payouts.
- Some prop fees were refunded after x payouts, so realistically my cost basis is a bit lower.
- It's fully automated, I have not had to do anything apart from buy new accounts.
- I do have funded prop firm accounts now so there is potential for future scaling. I have received 550k in funded accounts, with 300k active still. Some accounts failed without a payout, my longest one got 5 payouts before failing.
- I do appreciate Wolf answering questions and doubts, he is great at that and it seems like the system works well for him, as well as many others. He is also quite professional with his business.
- It is a legitimate business venture tied with a legal contract.

The bad:
- It requires A LOT of capital. Thankfully I could sustain all of this. I did not fully scale for the first few months and was running 5 ish accounts. Then I scaled to 10, and now I run between 15-20.
- Hedging is not perfect. It's advertised that your hedging money is not at risk, but this is not the case for me. I even opted to overhedge, and was consistently returning approx 70% of challenge fees.
- Luck is involved. They advertise 26% pass rate, but I have only achieved 15% to date. This has only recently gone up, at one point I was at 7% pass rate after 30 challenges. I've run about 75 total now. If you had more time and actually managed it yourself (understanding market conditions and adjusting your strategies), your results may be better.
- They say it is algorithmic trading, which is true, but also with added randomness, so this effectively means no matter how good their EAs are, your results will differ. This is to prevent copy trading bans.
- Some do require interviews, so you will need to have trading knowledge. Prop firms look for reasons to deny your payouts. I have not had encountered any yet.
- Most of the coaches/staff are not helpful. They just tell you it's a numbers game and to keep buying more challenges. That works when you are in the money, not when you are already 30k in the hole.
- Factoring in all fees, I am still down 20k.

So that sums up my results over 7 months. I am still net negative in my challenges + costs, but slowing recouping them. I do plan to keep this going at least for a few months given that I am just recycling payout funds, but it definitely took a long way to get here. My progress could have been achieved faster had I scaled up right at the beginning, but it was not something I can afford. I think I will break even/be profitable at the 1-1.5 year mark. The majority of my payouts did take place in the past 3 months, and just today got a 3.5k one.

I did switch after 3 months to not hedge, since they did analysis and that not hedging yields better ROI. Hedging just helps with managing risk and loss. You lose less if a challenge fails, but you also lose money if a challenge passes and your payouts will need to cover that. Had I stuck with hedging, maybe I would be less in the hole. I don't know if my net loss would be lower.

Do I recommend it? It depends on your situation. If you have lots of money (20, 30k to dump in), I think there is potential. This can scale and work in the long run. There are hundreds, if not thousands of people who have. But there are also many stories that don't turn out well and people give up (it may have worked out, but can you blame them being down 5 figures?). If you only have just enough for a license + a few challenges, it'll be very difficult and your renewal/other fees will eat away at your profits. I would say if you have anything less than 10-15k, this may not be for you, even if you opt for the cheapest one. I landed somewhere in the middle. You can opt to manage everything yourself ($2000 less one time, and no monthly management fee), but I opted to be fully autopilot.

Note, this is all speaking from my experience and what I've learned about the system and community. As I said, it does show promise. But in my opinion this is not the right place to advertise it as many users do not have that sort of capital and have much higher expectations.

Feel free to DM with any questions.

[Occupato]

Hey everyone, wanted to touch base on my experience with this project. It's officially been just over 7 months in the works now and I think It's time for an update, also after receiving messages throughout this time asking about my experiences.

First off, this is not a get rich quick thing. It will take many months, if not a year to see profits, depending on luck and scale.

My costs:
- I paid 11k for the perpetual license (20 licenses, also includes one time fee for management service, Wolf does not retain this)
- 2K to Wolf for facilitating it (I get 3 bonus licenses) (he was flexible on this payment, I paid it over 5 months)
- 500/month for someone to manage it (I got 6 months free)
- $45/month each VPS (I scaled to 2 VPS 3 months ago), so 7*45 + 3*45 = $450
- $20/month copier. 20*7 = $140
- $18,930 on prop firm challenge fees (and still counting)

Total so far: 11000 + 2000 + 500 + 450 + 140 + 18930 = 33020

The good (people only care about profit/ROI, nobody cares about the community/onboarding so long as they get money, so I won't talk about those):
- I was able to hedge some money back. $3000 in fees, approximately 60-70% of my fees spent were hedged back. I then began to switch to challenges with no hedging as the numbers/ROI were better, hence why such a big difference in actual spent vs hedged.
- I received ~$12400 in payouts.
- Some prop fees were refunded after x payouts, so realistically my cost basis is a bit lower.
- It's fully automated, I have not had to do anything apart from buy new accounts.
- I do have funded prop firm accounts now so there is potential for future scaling. I have received 550k in funded accounts, with 300k active still. Some accounts failed without a payout, my longest one got 5 payouts before failing.
- I do appreciate Wolf answering questions and doubts, he is great at that and it seems like the system works well for him, as well as many others. He is also quite professional with his business.
- It is a legitimate business venture tied with a legal contract.

The bad:
- It requires A LOT of capital. Thankfully I could sustain all of this. I did not fully scale for the first few months and was running 5 ish accounts. Then I scaled to 10, and now I run between 15-20.
- Hedging is not perfect. It's advertised that your hedging money is not at risk, but this is not the case for me. I even opted to overhedge, and was consistently returning approx 70% of challenge fees.
- Luck is involved. They advertise 26% pass rate, but I have only achieved 15% to date. This has only recently gone up, at one point I was at 7% pass rate after 30 challenges. I've run about 75 total now. If you had more time and actually managed it yourself (understanding market conditions and adjusting your strategies), your results may be better.
- They say it is algorithmic trading, which is true, but also with added randomness, so this effectively means no matter how good their EAs are, your results will differ. This is to prevent copy trading bans.
- Some do require interviews, so you will need to have trading knowledge. Prop firms look for reasons to deny your payouts. I have not had encountered any yet.
- Most of the coaches/staff are not helpful. They just tell you it's a numbers game and to keep buying more challenges. That works when you are in the money, not when you are already 30k in the hole.
- Factoring in all fees, I am still down 20k.

So that sums up my results over 7 months. I am still net negative in my challenges + costs, but slowing recouping them. I do plan to keep this going at least for a few months given that I am just recycling payout funds, but it definitely took a long way to get here. My progress could have been achieved faster had I scaled up right at the beginning, but it was not something I can afford. I think I will break even/be profitable at the 1-1.5 year mark. The majority of my payouts did take place in the past 3 months, and just today got a 3.5k one.

I did switch after 3 months to not hedge, since they did analysis and that not hedging yields better ROI. Hedging just helps with managing risk and loss. You lose less if a challenge fails, but you also lose money if a challenge passes and your payouts will need to cover that. Had I stuck with hedging, maybe I would be less in the hole. I don't know if my net loss would be lower.

Do I recommend it? It depends on your situation. If you have lots of money (20, 30k to dump in), I think there is potential. This can scale and work in the long run. There are hundreds, if not thousands of people who have. But there are also many stories that don't turn out well and people give up (it may have worked out, but can you blame them being down 5 figures?). If you only have just enough for a license + a few challenges, it'll be very difficult and your renewal/other fees will eat away at your profits. I would say if you have anything less than 10-15k, this may not be for you, even if you opt for the cheapest one. I landed somewhere in the middle. You can opt to manage everything yourself ($2000 less one time, and no monthly management fee), but I opted to be fully autopilot.

Note, this is all speaking from my experience and what I've learned about the system and community. As I said, it does show promise. But in my opinion this is not the right place to advertise it as many users do not have that sort of capital and have much higher expectations.

Feel free to DM with any questions.

Thanks for your very clear and detailed comment. Fortunately, I didn't join this project, otherwise I wouldn't have been able to properly manage all those thousands of dollars in "drawdowns." It requires far, far too much capital. I can confirm, however, that Wolf was always available and professional in all the explanations I requested over time. Nothing to complain about.

[Navos]

-snip-

My costs:
- I paid 11k for the perpetual license (20 licenses, also includes one time fee for management service, Wolf does not retain this)
- 2K to Wolf for facilitating it (I get 3 bonus licenses) (he was flexible on this payment, I paid it over 5 months)
- 500/month for someone to manage it (I got 6 months free)
- $45/month each VPS (I scaled to 2 VPS 3 months ago), so 7*45 + 3*45 = $450
- $20/month copier. 20*7 = $140
- $18,930 on prop firm challenge fees (and still counting)

Factoring in all fees, I am still down 20k.

-snip-

Sorry that you are still down $20k from doing this method.

But thank you for leaving your honest feedback.
Most people would not leave the review due to embarrassment or simply don't want to do others a favor to warn people about this.

The whole method can make anyone skeptical, was discussing with the OP last year and his answers just made me more skeptical.

1) He tells me the success of this method is not reliant on the trade to be successful
2) He says his refund criteria is if you fail 10 consecutive challenges in a row, each challenge is $625. So which means someone can keep failing 9 challenges in a row and still has to suck it up and take the losses non-stop.

There were bunch of other answers he gave which was not logical.

He then replies "Ah, out of all my clients, you are the only one who fails to grasp it."
Obviously, he meant I'm one of the only ones who didn't take the bait.

I wouldn't be surprised if most of his earnings from this method is from being the middleman and taking the commission like you have paid $2k to him.

If this method was truly 'MAKE $5K to $50K+ MONTHLY' like his thread title suggests, he wouldn't have to borrow a 4 digit sum from Kyo in this thread:
https://hackforums.net/showthread.php?tid=6319960

[Occupato]

[…]

If this method was truly 'MAKE $5K to $50K+ MONTHLY' like his thread title suggests, he wouldn't have to borrow a 4 digit sum from Kyo in this thread:
https://hackforums.net/showthread.php?tid=6319960

That is exactly what I thought when I first saw that topic for the first time.

[.Alpha.]

Sorry that you are still down $20k from doing this method.

But thank you for leaving your honest feedback.
Most people would not leave the review due to embarrassment or simply don't want to do others a favor to warn people about this.

The whole method can make anyone skeptical, was discussing with the OP last year and his answers just made me more skeptical.

1) He tells me the success of this method is not reliant on the trade to be successful
2) He says his refund criteria is if you fail 10 consecutive challenges in a row, each challenge is $625. So which means someone can keep failing 9 challenges in a row and still has to suck it up and take the losses non-stop.

There were bunch of other answers he gave which was not logical.

He then replies "Ah, out of all my clients, you are the only one who fails to grasp it."
Obviously, he meant I'm one of the only ones who didn't take the bait.

I wouldn't be surprised if most of his earnings from this method is from being the middleman and taking the commission like you have paid $2k to him.

If this method was truly 'MAKE $5K to $50K+ MONTHLY' like his thread title suggests, he wouldn't have to borrow a 4 digit sum from Kyo in this thread:
https://hackforums.net/showthread.php?tid=6319960

Not much to be embarrassed about. It's my honest feedback, and I hope to give others more insight on it.

1) The reason this is stated is because of hedging, which I find is not accurate. I consistently got 60-70% challenge fees hedged, even when aiming to over hedge at 1.25x
2) This refund criteria is true. Things looked good at first, I had 25% pass rate (2 passes out of 8 challenges). Then I went on a dry streak where I failed 21 in a row. And 3 coaches + Wolf told me to trust the process. It was not until I spoke to another one who spent 2 hours walking through with me picking strategies and being more choosey, and potentially overhedging more in bad market conditions.

Like I said, I understand this feedback likely kills people on here and HF is honestly not the target audience. This is definitely a high risk, moderate/high reward once you're scaled, but most people don't have that capital nor patience to do it.

I did 50k challenges first, each one cost between $200-300.