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- Nsak3y replied Apr 23, 2024
-Maybe if he can sound smart, he can also feel smart. I think we already know someone like that.
- Nsak3y replied Apr 23, 2024
-My guess would be ego. Same reason why people go out of their way to correct others, flex when they win, blame others when they lose and generally dislike seeing others succeed etc..
- Nsak3y replied Apr 21, 2024
-Learning how to properly discern market direction will only benefit traders. It seems that many traders rely too heavily on hope-based strategies (hoping that price will retrace briefly; hoping that price will bounce off of a support line; hoping ...
- Nsak3y replied Apr 21, 2024
-I suspect that they are responding based on what can be surmised from his trading videos, in lieu of making assumptions based on what I write here.
- Nsak3y replied Apr 21, 2024
-I understand, but trading that way without a stop-loss seems very questionable to me. I have been watching several traders on Youtube lately, to see how they are doing with Apex, and I cannot believe how some of them are trading. Most of them seem ...
- Nsak3y replied Apr 21, 2024
-I have seen a few of his videos. Most of the trading that I have seen is very short-term micro-scalping, with positions usually open for less than a second. TP is usually anywhere from 7 to 15 ticks with no SL. Painful to watch, but not prohibited ...
- Nsak3y replied Apr 21, 2024
-Was wondering the same thing.
- Nsak3y replied Apr 20, 2024
-Glad to hear it, my friend.
- Nsak3y replied Apr 17, 2024
-You can, as JustPipMe mentioned, but you should wait to activate any accounts until you have open slots available in order to avoid going over the 20 PA maximum. You can have as many evaluation accounts as you want, completed or not, but you will ...
- Nsak3y replied Apr 16, 2024
-You just keep paying the evaluation fee until you are ready to activate them. You do not want to activate them until you have available slots open, since having more than 20 PA accounts is prohibited.
- Nsak3y replied Apr 15, 2024
-Wishing you the best, Takisd.
- Nsak3y replied Apr 15, 2024
-My preference would be that they simply put a cap on monthly profits. That is what they should be doing already, instead of allowing traders to hit 6 and 7-figure monthly payouts. Allowing those massive payouts will only lead to trouble. If they ...
- Nsak3y replied Apr 14, 2024
-Good point. Statistics for Apex are based on traders. Per their site: "The customer pass rate of the evaluation program was 43.13% between January 1, 2023 – Sept 1, 2023, who traded at least one evaluation and obtained a PA Account during this time ...
- Nsak3y replied Apr 14, 2024
-Yes, probably so. Which is why I say that trying to gauge the resilience of the model may be difficult since all we have are phase-one statistics and as you noted, phase-two is littered with all kinds of rules etc..
- Nsak3y replied Apr 14, 2024
-Are you sure? Based on the limited data that has been published, MFF averaged around 10% pass-rate for phase-one, which steadily increased over time, as high as 18% to 19%. The Funded Trader saw as high as a 27% pass-rate for phase-one, during the ...
- Nsak3y replied Apr 13, 2024
-Yes. And probably, it has worked to bring in many new customers, along with everything else that has been going on for the past 6 months. As we know, FX props did the same thing with their marketing, only to realize that their model was not strong ...
- Nsak3y replied Apr 13, 2024
-Honestly, I think that these firms are probably looking at things through a narrow lens. They are probably more concerned about what a trader is doing this month, rather than what sort of total damage he has done up to this point. I doubt that they ...
- Nsak3y replied Apr 11, 2024
-Based on my understanding, there is nothing to be gained from it. You basically use your own profits to fund the account. I do not know if you have to keep forfeiting 10% of your profits to Apex. Since Apex will not disclose much about it, it is ...