Stop looking at the balance, it is irrelevant, MAX LOSS is the ONLY thing that matters.
Some companies don't even double you when you do the 10% with 10%, with those you are actually SCALING THEM, you are losing money.
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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
Disliked{quote} Day 5 w/Apex. Banked $462 for each account. Profit goal completed with two days left to spare. {image}Ignored
Disliked{quote} First 10 accounts are now in micro lot minimums to fulfill 7 days trading. 7th day will be tomorrow 11/7. Started another group of 10 with the same daily goals of avg $428. {image} Was a little messier then I liked, but managed it all the same.Ignored
Disliked{quote} First 10 accounts are now in micro lot minimums to fulfill 7 days trading. 7th day will be tomorrow 11/7. Started another group of 10 with the same daily goals of avg $428. {image} Was a little messier then I liked, but managed it all the same.Ignored
Disliked{quote} Do you have already a strategy to get the PA at payout, 2 times per month? Apex call it "payout strategy" but I don't mean that. I mean that we have to have a strategy to be consisten and get a payout to be a successful trader. I just clarify because it sound bad to say "payout strategy".Ignored
Disliked{quote} I'm catching this train late. You're using tradovate with the copier ?Ignored
Disliked{quote} Yep, two groups off 10 accounts each. Edit: I don’t think you’re catching it late at all. Every day I know theres money to be made. It’s simply waiting for us to take it.Ignored
Disliked{quote} Not on that sense. I'm late catching Apex. You guys are already more advanced so sorry for my questions if you already said some of the things a million times. And, yes, market is very good right know. The number of swings up and downs of 5 points in ES during the day is something incredible. I use to trade futures in my own account so the transition to apex won't be difficult at all in terms of symbols, ticks, etc. Just need to learn about the platform because in my own account I use Multicharts.Ignored
Disliked{quote} Yep, two groups off 10 accounts each. Edit: I don’t think you’re catching it late at all. Every day I know theres money to be made. It’s simply waiting for us to take it.Ignored
Disliked{quote} Late too (even if I already used Apex when they started) Can you explain me why you are moving to futures ? An anticipation of the regulatory problems that CFD proponents will be victims of or simply the desire to trade the real market, without slippage and spread ? Second thing, why Apex and not My Funded Futures ?Ignored
Disliked{quote} I'm catching this train late. You're using tradovate with the copier ?Ignored
Disliked{quote} Late too (even if I already used Apex when they started) Can you explain me why you are moving to futures ? An anticipation of the regulatory problems that CFD proponents will be victims of or simply the desire to trade the real market, without slippage and spread ? Second thing, why Apex and not My Funded Futures ?Ignored
Disliked{quote} As it is for the past 4-5 years I’ve traded only US indicies via CFD’s on various FX brokers. Prior to getting involved with any prop forms. I eventually opened up a futures account with AMP and actively trade that account for the past 3-4 years. I haven’t traded spot FX since then. I know my limits and comfort zone. Intraday only, spending very little time in the market, sleeping easy at night. MyFundedFutures is a joke. There’s plenty of established futures prop to choose from. No need to take a chance on a new one spawn from a garbage...Ignored
Disliked{quote} TBH, I discovered the same exact thing. Once I began trading the indices, which were CFD's with the props, I found myself trading less and less forex. It's a manipulated market, not to mention you essentially must be, at the least, "paying attention", if not in, 24 hours per day. I'd wake up at 3 am to see how the London open was manipulating my GBPAUD trade.....no thanks. After trading CFD indices, natural progression was my own personal futures account. Of course, now in light of one of the only 3 legit fx props being illegally seized...Ignored
Disliked{quote} Well said, the profit I used to make in a week trading FX I now make in minutes with indices. Every day without breaking a sweat.Ignored
Disliked{quote} Well said, the profit I used to make in a week trading FX I now make in minutes with indices. Every day without breaking a sweat.Ignored
Disliked{quote} {quote} -90% discount on their offer that make it a very good risk-reward ratio compared to other props and if you are a scalper, futures I guess is the unique way, after we lost the good spreads of MFF.Ignored
Disliked{quote} I should already be able to switch to the DD Threshold. Not so easy actually.Ignored
Disliked{quote} futures or forex prop, nothing is easy, there is no an easy formula here.Ignored
Disliked{quote} I don't wonder if it's easy or not. I think in terms of edge. Wanting to beat a DD threshold is heresy for me but maybe rare geniuses manage it.Ignored