Jmu

@jmutrades

9h

ApexTraderFunding

@ApexTradeFund

9h

Apex Trader Funding has terminated its affiliate relationship with Prop Firm Match, effective immediately. All associated affiliate tracking codes have been disabled.

This decision follows a review of referral tracking practices and compliance with our Affiliate Marketing Agreement.

We hold all affiliates to clear standards regarding transparency, accurate referral attribution, and responsible marketing practices.

Protecting the integrity of our Affiliate Program and ensuring fair, transparent referral practices remain priorities for Apex Trader Funding.

Jmu

@jmutrades

16h

kane🧪

@traderkane

16h

Are we still on the "deceitful marketing algo"? Hey @PropFirmMatch, did you knowingly push an update that stuffs cookies when people aren’t clicking links advertised in the code as external websites?

Here’s what happens: someone clicks the profile page or copy code link that age and your javascript handler redirects the original tab through an affiliate link to the firm’s website and opens the intended link a new tab... sounds pretty knowing to me.

You even ban your affiliates from forcing cookies.. but you can, huh?

Some pretty big affiliates have gone to prison for cookie stuffing.

I used @MattLeech's MFFU as an example in this video but this happens on most firms listed on their website (I didn't check them all).

Firms are banning traders for deceitful marketing, if this isn't deceitful what is?

futurestradingwithkellyann

@Kellyanntrades

Oct 26

David Knight

@mygreenknight

Oct 26

I’ve been seeing some prop firm founders and executives (not gonna name names) yapping about Vest lately.

Vest changed the prop firm industry. Traders are getting paid. That’s all you need to know.

And yes, WE WIN WHEN YOU WIN!

Jmu

@jmutrades

Oct 25

flanktwo

@flank2

Oct 25

I had been in Lanto’s Discord from early 2023 until earlier this year. I defended him from naysayers in the group and on X, distilled his content into guides early on, and built the chatbot that new members used. This weekend’s fiasco confirmed conclusively what OGs had been flagging for some time.

Fintwit prop firm influencers are “successful” through survivorship bias and volume, not edge.

Buy enough independent attempts and pure luck eventually produces large winners, even when the underlying approach has little or no positive expected value once net on the portfolio is established. Those big runs are the ones that the public gets to see. The average guy in the audience is running 2, 4, maybe 5 accounts on average while paying discord fees to "learn how to trade"

Recent public examples among many in the fintwit affiliate and influencer space:
@dhesi_trades - 170+ accounts
@thebrianstonk - 240+ accounts
@lanto_trades - 819+ accounts

5-6 in eval or S2F fees on just one firm.

Eventually something hits. The run gets screenshotted and turned into content that's used for the next 10 months of promotions for the group, or pushed in promo videos encouraging use of an affiliate code. The costs typically don't see the light of day. Screenshots get cropped (usually), account numbers are hidden, the actual PNL on the machine is kept private.

The machine:
1. subscription fees, course sales, and affiliate commissions fund more accounts
2. more accounts make a big winner close to inevitable
3. the big runs, sell more subscriptions, courses, and garner more aff code use

Repeat.

The prop firm space is inherently dirty, relies on ponzinomics, and is unfixable; it's by design.

But the affiliate and furu space - that props implicitly encourage - is dirtier.

Fresh cash from courses, subs, and affiliate payouts keeps the account volume flowing so the occasional big payouts can be marketed as a skill taught to their followers.

The trading can lose money, but the machine still wins, because the audience pays for step 2 of the machine.

Now look at what's sold. Courses, discord subs, mentorships, and an implied promise to teach a skill to escape the rat race.

Learn this IFVG. Take this unicorn. Manage your risk. Trade the system. Don't forget to like, subscribe, and use code DUMB.

The average member can't play the volume game and nobody tells them that is in fact their mentor's game.

I left for three reasons: the quality of members in the group declined after the TPT run-up and subsequent repeat promotions leveraging that run, OGs who asked questions were treated poorly, and some kept raising exactly the disclosure issues that surfaced this weekend.

Buy enough attempts.
Hide or minimize the cost.
Market the winners as skill.
Accept money from people who cannot realistically replicate the process.

You can pick whatever word or phrase you want for this machine that is pervasive in this "industry."

Mine is "fraud."