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  • #31,541
  • Feb 23, 2024 8:33am Feb 23, 2024 8:33am
Quoting Takisd
We are all trading futures now and hating it, however the two swiss lovers aren't here to tell us how much of a piece of shit we are. Perhaps they just wanted our 49.95 apex sales.
  • #31,542
  • Feb 23, 2024 8:34am Feb 23, 2024 8:34am
Quoting woody70
{quote} This is exactly why I will stay offshore and with sketchy props. I would rather take that chance than have to deal with this.
I don't say no to cheap casino chips
  • #31,543
  • Feb 23, 2024 8:36am Feb 23, 2024 8:36am
Quoting JustPipMe
{quote} My first few days ever in my life with offshore brokers. Absolutely loving it. Thank you!
Amazing how much better the conditions are than the "regulated" shitholes of the USA.
  • #31,544
  • Feb 23, 2024 8:36am Feb 23, 2024 8:36am
Quoting Cryptosurf
{quote} There's no consistency rules on challenge accounts. You can yolo all you want. Once you meet your goal then stop trading wait till EOD and you will get the email to sign and pay for your PA account.
Has anyone here already passed phase 1 in one single trade ? I'm asking for a friend
  • #31,545
  • Feb 23, 2024 8:38am Feb 23, 2024 8:38am
Quoting Takisd
We are all trading futures now and hating it, however the two swiss lovers aren't here to tell us how much of a piece of shit we are. Perhaps they just wanted our 49.95 apex sales.
Yes, but it is an honest, transparent market.....much better.
  • #31,546
  • Feb 23, 2024 8:38am Feb 23, 2024 8:38am
Quoting Capablanca
{quote} Has anyone here already passed phase 1 in one single trade ? I'm asking for a friend
I have almost done it via last night and today. Here is today. Last night is about the same bit more.

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  • #31,547
  • Feb 23, 2024 8:39am Feb 23, 2024 8:39am
Quoting Takisd
We are all trading futures now and hating it, however the two swiss lovers aren't here to tell us how much of a piece of shit we are. Perhaps they just wanted our 49.95 apex sales.
They will tell you that's because you're trading in Apex, which is a scam. If you trade in Top Step you would love it, despite it's the same exact sh*t
  • #31,548
  • Feb 23, 2024 8:42am Feb 23, 2024 8:42am
Quoting Capablanca
{quote} Has anyone here already passed phase 1 in one single trade ? I'm asking for a friend
No, but I have failed with 1 break even trade. I was within $500 and then it reversed and I failed even though I was still at break even on the account.
Trailing DD is the most wonderful invention EVER
  • #31,549
  • Feb 23, 2024 8:42am Feb 23, 2024 8:42am
FINAL UPDATE FOR THE WEEK GUYS
GOOD NEWS

1. Passed Phase 2 myfundedfx in 2 days.
2. Passed Skilled Phase 2 in 1 day.

In total purchased 5 challenges passed 2

Total 600k Funded secured for the month of FEBRUARY
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Extreme gut feeling trader
  • #31,550
  • Feb 23, 2024 8:44am Feb 23, 2024 8:44am
Quoting Capablanca
{quote} They will tell you that's because you're trading in Apex, which is a scam. If you trade in Top Step you would love it, despite it's the same exact sh*t
I have traded futures long ago, for a living on a desk with many monitors. But my overinflated ego doesn't allow me to preach to people who dont want to do that. It was a painful job, it made some money but super painful. Retail FX has always been easier to understand and trade. Brokers are buttheads but if you get a legit one and dont try to spaceman your way to billionaire status you will have a good time. I believe eval props are the same creed.
  • #31,551
  • Feb 23, 2024 8:51am Feb 23, 2024 8:51am
Quoting DeltaCapital
Quantower is good alternative to those that dont like ritmic or ninjatrader {image}
Hi Delta,
Does QuantTower have a Dom is I don't see one in your screen shot. I looks good in design.
  • #31,552
  • Feb 23, 2024 8:52am Feb 23, 2024 8:52am
Quoting JustPipMe
{quote} My first few days ever in my life with offshore brokers. Absolutely loving it.

It’s great fun - even with regular, small withdrawals - until one day you do really well and want to withdraw $10k+.

Then, suddenly, it tends to be a whole different story, and there’s no effective regulator on your side.

That, of course, is why they’ve chosen to be offshore "brokers".

Good luck with that.
  • #31,553
  • Feb 23, 2024 9:03am Feb 23, 2024 9:03am
Quoting KarlKraus
{quote} It’s great fun - even with regular, small withdrawals - until one day you do really well and want to withdraw $10k+. Then, suddenly, it tends to be a whole different story, and there’s no effective regulator on your side. Good luck with that.
That's the point of diversifying across 4-5 brokers. I'll go over it again.......
1.I have 100K to trade with, due to the leverage offered I am able to keep 80K in my FDIC insured bank account. That 80K would need to sit as margin with a US shithole. Funds are not protected, the CFTC actually prohibits it (another great advantadge for the trader)
2. The remaining 20K is split at 4K each at 5 brokers.
3. With that 20K I can execute the same size trades resulting in the same net profits as I could with 100K on deposit at a USA shithole.
I have no more than 4K at risk (4%) at any one broker. Some folks lose that on 1 trade, so if I lose a broker, minimal impact.
If you have a better risk mitigation strtegy than this, please share it here. Keeping in mind, I wish to trade forex, not futures.
  • #31,554
  • Feb 23, 2024 9:09am Feb 23, 2024 9:09am
Passed 3 out of 5 of the 50K APEX accounts I fired up before bed last night.

Decided to get up at 5am and actually be on the charts during market hours. What a difference that makes.

I'm assuming all these accounts are still under the one-day-to-pass promo. Guess we will see if I get any emails tomorrow.

The plan for the funded accounts is to trade the SP500, Bitcoin, and then one of the major currencies if possible.

Daughter to school then naptime for daddy.
Pride always comes before destruction.... -Proverbs 16:18
  • #31,555
  • Feb 23, 2024 9:10am Feb 23, 2024 9:10am
Quoting pipmaster77
{quote} That's the point of diversifying across 4-5 brokers. I'll go over it again....... 1.I have 100K to trade with, due to the leverage offered I am able to keep 80K in my FDIC insured bank account. That 80K would need to sit as margin with a US shithole. Funds are not protected, the CFTC actually prohibits it (another great advantadge for the trader) 2. The remaining 20K is split at 4K each at 5 brokers. 3. With that 20K I can execute the same size trades resulting in the same net profits as I could with 100K on deposit at a USA shithole. I...
Obviously.
To trade 1 lot you need 3.333 in Europe (1:30 leverage)
To trade 1 lot offshore you need 200 (1:500 leverage), keeping the remaining 3.133 safe in the bank.

Where is really the risk ?
  • #31,556
  • Feb 23, 2024 9:14am Feb 23, 2024 9:14am
Quoting Expo33
Passed 3 out of 5 of the 50K APEX accounts I fired up before bed last night. Decided to get up at 5am and actually be on the charts during market hours. What a difference that makes. I'm assuming all these accounts are still under the one-day-to-pass promo. Guess we will see if I get any emails tomorrow. The plan for the funded accounts is to trade the SP500, Bitcoin, and then one of the major currencies if possible. Daughter to school then naptime for daddy.
you seem to be trading them conservatively. I am not impressed.
  • #31,557
  • Feb 23, 2024 9:14am Feb 23, 2024 9:14am
Quoting Capablanca
{quote} Obviously. To trade 1 lot you need 3.333 in Europe (1:30 leverage) To trade 1 lot offshore you need 200 (1:500 leverage), keeping the remaining 3.133 safe in the bank. Where is really the risk ?
Exactly. So 15 times the money sitting unprotected (or even protected) is less risk than trading offshore?
I just do not understand where these folks (who claim they are so much more intelligent than I am) are getting this logic from?
  • #31,558
  • Feb 23, 2024 9:18am Feb 23, 2024 9:18am
Quoting Takisd
{quote} you seem to be trading them conservatively. I am not impressed.
  • #31,559
  • Feb 23, 2024 9:23am Feb 23, 2024 9:23am
Quoting Takisd
{quote} you seem to be trading them conservatively. I am not impressed.
10 SP500 eminis on a 50K account. A $5 move against you and you're finished.

I'd say that's some adrenalin filled junky boy trading.
Pride always comes before destruction.... -Proverbs 16:18
  • #31,560
  • Feb 23, 2024 9:31am Feb 23, 2024 9:31am
Quoting Takisd
{quote} you seem to be trading them conservatively. I am not impressed.
Too funny!
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