i can prove ftt and its current rules are offering a mathematically beatable game. for every dollar scott collects in revenue he is taking on about five dollars of statistical net liability. this explains why he simply will not be able to make traders whole and it's snowballing with every account he sells. not only does he need a surge of new signups to pay existing liabilities but the attached debt to each new account is insurmountable. every account scott sells for $100 he's long term statistically losing about $500.
this is the largest negative house edge and the biggest blunder i've seen a company make. the math doesn't work. he will not be able to sustain this and i fear it will end up in a netflix documentary and civil or criminal judgments against scott.
the gist is, with the current rules of making 5% before losing 5% with an end of day trailing drawdown from equity highs, and with the 20% consistency rule, anyone with an equal distant target and stop and 50%
