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- Nsak3y replied 35 hr ago
-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 ...
- Nsak3y replied Apr 10, 2024
-They won't publicly disclose that either (I asked them already). Not only will they not tell us what criteria they use for determining when/who to put on live, but they will not tell us the profit threshold, if it's based on monthly or accumulative ...
- Nsak3y replied Apr 10, 2024
-Since props are not regulated in the same way as brokers, then licensing seems like the more realistic approach. But even with licensing, criteria must first be defined in order to discern eligibility. I'm not quite sure what sort of requirements, ...
- Nsak3y replied Apr 10, 2024
For those that are migrating over to futures, I found a coder that can work with MT4, MT5, NinjaTrader, TradingView and Quantower etc.. I had a couple of TradingView indicators converted over to work with Quantower. Used Upwork, so the money sat in ...
- Nsak3y replied Apr 9, 2024
-There was something mentioned here.
- Nsak3y replied Apr 9, 2024
Noticed that Quantower Release Notes indicates an addition for FlexyTrade server selection. Do not see them listed yet on their Connections, though. Also see a handful of issues resolved with regard to positions remaining after close, so best to ...
- Nsak3y replied Apr 9, 2024
-Agreed. And learn to work the system, even if you know that the odds are stacked against you.
- Nsak3y replied Apr 9, 2024
-I think that the point was that it is hypocritical for FTMO to allow prohibited activity while receiving client funds, but then change their tune when funds are to be paid out to client. It is the same story, across all firms, though. The nature of ...
- Nsak3y replied Apr 7, 2024
-Yes, things seem futile. Traders will not accept anything less-than, so long as something better exists. Something better will always exist, because these prop firms are being operated by young and inexperienced people that do not know any better ...
- Nsak3y replied Apr 6, 2024
Week after week... entertaining the same trolls here. But they are like cockroaches; even if you do not feed them, they will keep coming back. Probably, they can sustain off of their own ego and delusions of grandeur.
- Nsak3y replied Apr 4, 2024
-You should stop.