OK : ) Wish you best! It seems that there is nothing I can discuss with you.
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
DislikedNo, this is not the case. I have 10 evals and 10 PA. I opened them before all this bullshit. I do not wait for payout, I do not trade DCA, I do not trade stradle ORB. I do not see the problem with this strategies too. It's all about the money. I am sure that people who DCA have better longevity for a while. It's all about the money that Apex do not want to pay them. My comments are on the new situation.Ignored
QuoteDislikedGoing for a big windfalls, lucky trades, news trades, straddles, strangles,
risking entire account, flipping contracts, blowing through multiple PA account in short time seeking big lucky
windfall, using a withdrawal strategy, or racking up number of days by flipping, or any other trading that does not
specifically meet the guidelines above regarding a consistent trading plan are in direct violation of the PA Contract
and are disqualified trades / trading days which may be removed from your PA Balance.
QuoteDislikedTrader understands Company is seeking "to fund and payout" traders who follow a consistent trading plan in size, stops,
and targets. This means not trading max or larger contracts on one trade, seeking “lucky windfalls” while trading micros
the rest of the time, or flipping contracts just to show a "trading day", not constantly changing sizes, not dollar cost
averaging, not doing high-frequency trading, and being consistent in the trading plan, including your entries, stops,
and take profits.
DislikedOK : ) Wish you best! It seems that there is nothing I can discuss with you.Ignored
Disliked{quote} But plenty of time to deny that there's any evidence. My case rests.Ignored
Disliked{quote} You don't need evidence to prove innocence, it is needed to prove guilt. So, yes, your case rests. That would be like you being charged with murder and instead of them needing evidence to prove your guilt, the burden of proof would be on you to prove your innocence......c'mon man, if there is so much.......SHOW US!!!!!!Ignored
Disliked{quote} You can trade the ORB, what you cant do tho is straddle the ORB.Ignored
Disliked{quote} Anything you SHOULD NOT do if trading a personal account........straddle the open, straddle the news, add to losers is prohibited......Imagine that, the nerve of them.Ignored
DislikedSeen a bunch of tricks in different brokers. Back in time there was a thing called Metatrader Virtual Dealer Plugin, which was used to mess with trades. I am pretty sure that there are more sophisticated ways to control what they want.Ignored
Disliked{quote} Interesting. Would that be why my personal account goes way slow at news or near news? Not server dropping off but platform becoming like wearing lead shoes doing ballet (balay not let) kind of thingy.Ignored
Disliked{quote} I believe DCA will prevent HELL lot of payouts . It will save Apex tonns of money. I agree DCA will blow accounts too but at the same time it will prevent huge payouts. HUGE drawdown and HUGE profits are because of DCA.Ignored
Disliked{quote} I agree. I enter all of my "positions" in a series of pre-determined trades. I already have my risk set though.....so if I am risking 2%, I may have 5 trades risking 0.4% each......In other words, I am not precise enough on my entries, but I have a "range" of where they should be. The APEX rule is not designed for folks like me, the rule is for folks that have a losing trade and just start blindly adding hoping for it to recover. Unfortunately, I will be impacted, but the workaround is truly right in front of our faces.......if you are trading...Ignored
Disliked{quote} So, what happened to your past 20x50K ? They were already busted ? I may missed that in your updates.Ignored
DislikedTakisd are these costs to start a broker and prop firms reasonably correct ? https://x.com/anish8fx/status/1796086536871834011Ignored
DislikedMostly it just says to me the post is stupid. Its far more expensive than he is saying but not for the reasons he is saying.Ignored
DislikedJust my 2 cents. Whoever cries over Apex rule changes should think outside of the prop world. Are those things legitimately good if you running on your personal accounts. If yes then you should reflect on your life decisions, and you'll know why you are not a profitable trader. Even whoever is denied payout they are somewhat accepted they did wrong. Because the rules are as clear as day or night, not middle ground. Even Apex is handling it best they let you keep your profits just the thing is you missed a payout cycle thats it. People posting denied...Ignored