Auto-generated transcript below — expect the occasional typo and a lot of trader slang.
Transcript
Speaking of companies that have closed, here’s another one. Let’s say that people may not know. So, check this out. Blah, blah, blah, important announcement. This was just… what was this like? 2 days ago? And now we have the damn Next Gen closing its doors? That’s why we’ve made the difficult decision to close operations. A painful but necessary decision. All current active accounts will be refunded. In other words, some people are receiving
refunds, yes, but let’s see how long that lasts. Apparently, pending withdrawals and positive balances in real accounts will be paid. The funny thing about them is that if you go to their damn website, I thought you could still buy an account. Look, you could complete the whole process as if you were going to buy an account. So what, do they stop you in the end or does it not work? Yes, like
I created a fake account with a random name and it said: ” We’re not…we’re not…we’re closed .” The operations are closed. ” We can’t accept…you can’t buy an account.” But why let me get this far? Why not…? They used to have on their homepage that they were going to shut down. Uh, man. I used to think that’s weird. I was like, “Damn, they’re taking money.” They’re still taking money so they can
pay people’s refunds, and, you know, someone’s eventually going to be left with nothing, but they’re not doing that. At least they’re not doing that. You know, because other firms have done that, like Fast Track Trading. Remember that damn firm of jerks? Dude, that firm was … that was brutal. That…that. So, yeah, I don’t know. So what’s the moral of the story with all these firms going under, especially these newer ones? No…
just because your favorite influencer tells you how great these firms are , and there were a lot of people saying that about Funded Engineer. Oh, there were people. About them. A lot of people. Just like people were calling Prop Shop an Apex killer. Oh, People were there. My Forex Funds was supposed to be a good firm, too. They, you know, and Savius was supposed to be a good firm. You know. Thrive
was supposed to be a good firm. They lasted 35 days. Just…just wait. The only thing I would say about these new firms is if you’re going to mess with them, get in early, and get out fast. Get your payments and get out of there. Well, that’s pretty much what I did with Next Gen. I got in, wrecked them, and took my money. They put me live. I never got my real account,
and obviously, it’s over now. Yeah, and then their merchant processing stopped working because they had too many chargebacks. That’s why that would happen. You know, and then, you know, the rest is history.
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