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  • #31,981
  • Feb 27, 2024 10:37am Feb 27, 2024 10:37am
Quoting sampat
{quote} Also no point in making huge gains on PA account as it will unnecessary enforce Consistency rule. For example for 50K withdrawal threshold is 2.6K so no point in making more than 2600*0.3 = $780. If you make more they will enforce you to make more profit.
The sweet spot with the 50k accounts is making an average of $500 a day and stop. Doing that, you’ll meet the payout threshold for the first three months. Making that amount on a daily basis is incredibly easy.
Trade with confidence, trade without fear.
  • #31,982
  • Feb 27, 2024 10:40am Feb 27, 2024 10:40am
Quoting sampat
$1,135,506 payout to single trader wow APEX on single day. {image}
but how?? when APEX has limit of 20 accounts caping & also limit to max capital allocation how is this possible??
do you even think before sharing.. can you please explain how someone can make this much in APEX
  • #31,983
  • Feb 27, 2024 10:43am Feb 27, 2024 10:43am
Quoting genuine007
{quote} you need something that can have way small SL & little bit more TP and chances of hitting TP are way more than hitting SL and we need not to make big profit in a single trade.. we need mulitple trades with small TP
Nope you typically have inverse risk to reward ratio. For example if your target is 10 points set limit order standing at 10 points above for buy and below for sell.
If you trade micros. You dont even need stop loss you can easily close manually things or set wide stop loss.
  • #31,984
  • Feb 27, 2024 10:47am Feb 27, 2024 10:47am
Quoting Cryptosurf
{quote} Apex is intraday only, so whatever mentality you apply for forex wont work. You want to trade the most liquid instruments and that's US indices. You want to trade them after the 9:30est open (i prefer after 10am est) and be strategic on your entries. You're scalping on the lower time frames and always taking profit. You're taking small chunks every day. Trailing DD is never a concern for me as my losers are far less then my winners. Like I've said a thousands times, if you know how the game is to be played, its incredibly easy.
Do you take profit and SL with limit/stop orders or you just hit market order ?
I was wondering how are the fills in the funded account (in the challenge they are unrealistic - too good)
  • #31,985
  • Feb 27, 2024 10:50am Feb 27, 2024 10:50am
Quoting woody70
I'm waiting to see what Funded Peaks has to offer. Being that they are from Germany I'm sure it is legit. I don't know if the prices will be something that I want to do but if it looks good I will try them. If that does not work and everything else fails then and only then will I try futures.
I though the same. For someone wanting to create a scam and deny payouts Germany should be one of the last choices.

Unless this is an intentional strategic decision, just like the spelling mistakes of the other ones.
  • #31,986
  • Feb 27, 2024 10:53am Feb 27, 2024 10:53am
Quoting genuine007
{quote} yeah, APEX is different from FOREX what we are used to we need our trades to always hit TP even if it is small and we need a lot more time gap in our next trades (sure trades) and always want to hit TP we need a strategy which hit SL way less than out TPs only this way we can have more chances to win in APEX
Look at apex as 2 steps.
Phase 1 is to get to funded
Phase 2 is to pass the trailing.

From then on it's exactly the same than a forex one with a static DD.

It's not so generous but it's still the same mechanics.
  • #31,987
  • Feb 27, 2024 10:54am Feb 27, 2024 10:54am
Quoting sampat
{quote} One way I am avoiding trailing thing is I put Limit Target order with every buy or sell. It is more important than STOP loss as trailing DD will kill the account.
Care to explain Sampat ? I didn't get it (why is that avoiding anything)
  • #31,988
  • Feb 27, 2024 10:54am Feb 27, 2024 10:54am
Quoting Capablanca
{quote} Do you take profit and SL with limit/stop orders or you just hit market order ? I was wondering how are the fills in the funded account (in the challenge they are unrealistic - too good)
For profit always limit orders as if I do it market order I had pretty bad experience of lag and I tend to get greedy . If market reverses it will be double loss even if it goes to breakeven. I cut trade in loss with market order most often but profits are small and limits just scalps. Good part with futures prop firms I can even go for 6 ticks or 4 ticks (1.5 points or 1 point) and still profitable.
  • #31,989
  • Feb 27, 2024 10:56am Feb 27, 2024 10:56am
Quoting Capablanca
{quote} Look at apex as 2 steps. Phase 1 is to get to funded Phase 2 is to pass the trailing. From then on it's exactly the same than a forex one with a static DD. It's not so generous but it's still the same mechanics.
at present I just looked at their "Trailling Threshold Drawdown" which I guess in Phase1 till you pass the challenge
I don't know how this "Trailling Threshold Drawdown" will work in Phase2 as you say PA accounts
Most will not even reach Phase2 because of this "Trailling Threshold Drawdown" which is there in Phase1 and the way it works as I seen in their Videos
  • #31,990
  • Feb 27, 2024 10:57am Feb 27, 2024 10:57am
Quoting Capablanca
{quote} Do you take profit and SL with limit/stop orders or you just hit market order ? I was wondering how are the fills in the funded account (in the challenge they are unrealistic - too good)
Most of the time its market orders then SL placed on the DOM shortly thereafter.
Trade with confidence, trade without fear.
  • #31,991
  • Feb 27, 2024 10:59am Feb 27, 2024 10:59am
Quoting Capablanca
{quote} Care to explain Sampat ? I didn't get it (why is that avoiding anything)
I mean if I go for small target like 10 points and limit orders trailing drawdown doesn't impact on running trades and overall Drawdown. Usually trailing will impact when you have bigger target and bigger lot size.
For example for 50K account if I trade 5 micros NQ (MNQ) with 10 pip target and 10 pip stop I need to loose 50 times in a row to loose account.
If I trade 5 minis and use same stop I can loose only 5 trades and account is gone.
  • #31,992
  • Feb 27, 2024 11:03am Feb 27, 2024 11:03am
Quoting genuine007
{quote} but how?? when APEX has limit of 20 accounts caping & also limit to max capital allocation how is this possible?? do you even think before sharing.. can you please explain how someone can make this much in APEX
Honestly you should just stop, you never think before posting. APEX publishes the payouts BTW. There's several million dollar traders with APEX. They are also with other futures props and for those who have paying attention know them very well.


Inserted Video
Trade with confidence, trade without fear.
  • #31,993
  • Feb 27, 2024 11:06am Feb 27, 2024 11:06am
Quoting Cryptosurf
{quote} Most of the time its market orders then SL placed on the DOM shortly thereafter.
Are the fills in fund realistic with real market ?
I'm asking this because the other day in the challenge I made a mistake of trading 10 MES in 10 accounts (instead of 1 x 10 ES).
My price was hit and no way there was 100 MES contracts in DOM. However I got perfect (unrealistic) fill in all 10 accounts.
  • #31,994
  • Feb 27, 2024 11:06am Feb 27, 2024 11:06am
Quoting Expo33
Just paid the $315 to activate all 3 of the 50K accounts with APEX. The emails requesting signatures and payment came about 6-8 hours after passing the challenges. The PA accounts were activated a few minutes after payment. Pretty smooth.
thanks for that info
  • #31,995
  • Feb 27, 2024 11:08am Feb 27, 2024 11:08am
Quoting Cryptosurf
{quote} Honestly you should just stop, you never think before posting. APEX publishes the payouts BTW. There's several million dollar traders with APEX. They are also with other futures props and for those who have paying attention know them very well. https://www.youtube.com/watch?v=sYyUNAoXrW4&t=894s
I don't believe on the numbers sampat posted like 1 million dollar paid to single futures trader on a single day
all these are marketing tricks any company using
and these are the same companies who deny your 12k payout saying you are too profitable
  • #31,996
  • Feb 27, 2024 11:09am Feb 27, 2024 11:09am
Quoting Cryptosurf
{quote} Honestly you should just stop, you never think before posting. APEX publishes the payouts BTW. There's several million dollar traders with APEX. They are also with other futures props and for those who have paying attention know them very well. https://www.youtube.com/watch?v=sYyUNAoXrW4&t=894s
I've seen some videos of Apex with level II dom. However mine (Rithmic) only shows bid / ask. Is this available or do we have to pay more ?

I don't care much about it because I have level II in IB in some bundle something and I see it in Multicharts, but I'm just wondering if I also have that available in Apex.
  • #31,997
  • Feb 27, 2024 11:11am Feb 27, 2024 11:11am
Quoting Quickly
{quote} Quite often, yes. Madoff paid out for decades. How much it pays out doesn’t determine whether something is a scam, does it? {quote} Oh well. One person had no complaints for two years. Conclusive proof, there: can’t possibly be a scam?!
Every day thousands of people are paid. It's so easy to say "oh, this is a scam." It's the language of those who have no arguments (or losers)
  • #31,998
  • Feb 27, 2024 11:13am Feb 27, 2024 11:13am
Quoting Capablanca
{quote} I though the same. For someone wanting to create a scam and deny payouts Germany should be one of the last choices. Unless this is an intentional strategic decision, just like the spelling mistakes of the other ones.
Oh, crap did not think of that.
  • #31,999
  • Feb 27, 2024 11:14am Feb 27, 2024 11:14am
Quoting genuine007
{quote} I don't believe on the numbers sampat posted like 1 million dollar paid to single futures trader on a single day all these are marketing tricks any company using and these are the same companies who deny your 12k payout saying you are too profitable
It was a payout on his scheduled payout day, not profits earned for 1 day of trading. As big as APEX is, there has also been zero complaints of payouts.
Trade with confidence, trade without fear.
  • #32,000
  • Feb 27, 2024 11:15am Feb 27, 2024 11:15am
Quoting Boulder
{quote} thanks for that info
PA accounts contracts/signatures will only come after current daily close.
Trade with confidence, trade without fear.
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