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  • #34,601
  • Apr 10, 2024 1:33pm Apr 10, 2024 1:33pm
@Takisd do you know anything about B2Broker? are they reliable or crooks?
  • #34,602
  • Apr 10, 2024 1:42pm Apr 10, 2024 1:42pm
Quoting Novazor
@Takisd do you know anything about B2Broker? are they reliable or crooks?
Neither reliable nor crooks. Just cheap.
  • #34,603
  • Apr 10, 2024 2:00pm Apr 10, 2024 2:00pm
Quoting Takisd
{quote} Neither reliable nor crooks. Just cheap.
Alot of brokers using their CRM and services lately
  • #34,604
  • Apr 10, 2024 2:08pm Apr 10, 2024 2:08pm
Quoting Novazor
{quote} Alot of brokers using their CRM and services lately
It functions and is very cheap. Their liquidity is very bad.
  • #34,605
  • Apr 10, 2024 2:37pm Apr 10, 2024 2:37pm
Quoting CableJ
The ? is when would Apex push non influencer traders live to get rid of them... +100K, +400K, +1M ?!?!?!?
-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 totals, or if refusing the offer to go live will mean an end to a working relationship with Apex going forward.

As such, it would be prudent to establish reasonable monthly targets to ensure long-term access. Traders that get greedy by trying to set records and making the top-10 list will undoubtedly be targeted.

I think, limiting withdrawals to match their standard, 2k per account (for 50k accounts), per withdrawal period, should be reasonable and allow traders to stay under the radar for some time. If ever they decide to bench you, you will likely have secured a sizeable bag for your personal account at the point and can part ways amicably.
  • #34,606
  • Edited Apr 11, 2024 8:32am Apr 10, 2024 3:12pm | Edited Apr 11, 2024 8:32am
Quoting TraderTero
{quote} How can a trade which could have been opened several hours before the news event have anything to do with news trading? It's quite common to get your TP or trailing stop to hit when markets move. The rule is stupid if your intention is to prevent news trading as it can be easily prevented by other type of rules. This is once again one of those rules made to trap traders.
because you can fake any trade as open or close, when you open opposite trade in other account. a trade open dont mean that its a open trade or flat trade for this trader, you would need to know all accounts of a trader in any broker to know how is his actual exposure.

many used this for latency arbitrage broker cheats , news trades, fake traders, cheaters scammers......... .

props know of course that gambling in different accounts and wait for very big move bring traders in advantage against prop, and try to forbid any constellation for free lunch wins.
in real accounts with extrem high margins there are variations of little same problem.
  • #34,607
  • Apr 10, 2024 3:28pm Apr 10, 2024 3:28pm
Quoting TraderTero
{quote} Yes, it's called slippage MFF was good at that. Once the news traders get some very bad fills during the news, they will stop. Besides there are ways to trade news profitably outside their 4 minute window. The rule is actually quite retarded.
Not if you spent any time in MFF's discord before NFP, CPI & FOMC! Despite the numerous warnings, traders just kept coming back for more punishment.
  • #34,608
  • Apr 10, 2024 4:19pm Apr 10, 2024 4:19pm
Quoting CableJ
{quote} Not if you spent any time in MFF's discord before NFP, CPI & FOMC! Despite the numerous warnings, traders just kept coming back for more punishment.
they also regularly warned them not to trade during news. Which makes it extra stupid.
  • #34,609
  • Edited 6:30pm Apr 10, 2024 4:33pm | Edited 6:30pm
'Trading' news gives the the 'traders' i.e. gamblers their biggest dopamine hit. It's as close to roulette as the financial markets get (outside of binary options and all that BS).
  • #34,610
  • Apr 10, 2024 4:37pm Apr 10, 2024 4:37pm
Rise is down for “temporary maintenance”…. Just as I’m due a payout this week. Hopefully gets sorted soon.
  • #34,611
  • Apr 10, 2024 5:07pm Apr 10, 2024 5:07pm
Pros of Forex vs. Futures from the leading providers
Forex:

  1. Total cost less expensive with discounts
  2. One time fee (no monthly data/eval fees)
  3. Refundable fee
  4. Overnight positions, ability to swing trade
  5. Scaling the account is possible (larger size can be taken once beginning balance is bumped up. Scaling is quickly limited in futures, except for TradeDay)
  6. 10% initial drawdown (vs. 5%)
  7. Static drawdown
  8. Better liquidity during London or Asian session
  9. Fewer consistency rules

Futures:

  1. 5-6% first stage target
  2. Higher profit splits
  3. No daily loss limit once you're passed threshold
  4. Account doesn't expire due to inactivity
  5. Deeper liquidity due to total market being available through the exchange vs. OTC (though you're limited by the max contract parameter)

  • #34,612
  • Apr 10, 2024 10:25pm Apr 10, 2024 10:25pm
Update and Some APEX Statistics

Total Apex performance from start to finish (1 week)

1. 100 evals - 3700$ (reached this milestone today)
2. 18 Funded Accounts - 2880$ (One time Fee)
Total = 6580$ investment.

Today i have reached the golden mark of 50100$ on 10 accounts that means 20k withdrawable is available.

20000$ - 6580$ = Total profit 13420$ (not bad in a week)
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Extreme gut feeling trader
  • #34,613
  • Apr 10, 2024 11:20pm Apr 10, 2024 11:20pm
Quoting montygoldy
Update and Some APEX Statistics Total Apex performance from start to finish (1 week) 1. 100 evals - 3700$ (reached this milestone today) 2. 18 Funded Accounts - 2880$ (One time Fee) Total = 6580$ investment. Today i have reached the golden mark of 50100$ on 10 accounts that means 20k withdrawable is available. 20000$ - 6580$ = Total profit 13420$ (not bad in a week) {image}
100 evals in a week. My goodness! Gotta be a record!
A snails pace wins the race :-)
  • #34,614
  • Apr 10, 2024 11:46pm Apr 10, 2024 11:46pm
Quoting JustPipMe
{quote} 100 evals in a week. My goodness! Gotta be a record!
first 40 evals was stupid me copied 20 each time Yolo'ing and blown them while learning the platform. I would count after 40 i started doing things in better direction now these last 2 funded accounts are killing me yolo'ed and blown 12 accounts (one at a time).
For yolo'ing its a one trade setup with 10 contracts either my way or margin call.
Extreme gut feeling trader
  • #34,615
  • Apr 10, 2024 11:48pm Apr 10, 2024 11:48pm
Also secured 4.5% on fundingtraders account and payout date is monday with 100% split lets see how it goes. For ftmo kyc delaying stuff and support is slow to respond back.
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Extreme gut feeling trader
  • #34,616
  • Apr 11, 2024 12:01am Apr 11, 2024 12:01am
Quoting montygoldy
Also secured 4.5% on fundingtraders account and payout date is monday with 100% split lets see how it goes. For ftmo kyc delaying stuff and support is slow to respond back. {image}
You are definitely in a class of your own.
I think the word 'Array' is used in engineering of all sorts.
You're arraying the f outta this prop thing. lol
Or at least Multi-Pronging it.
  • #34,617
  • Apr 11, 2024 12:02am Apr 11, 2024 12:02am
Quoting montygoldy
Update and Some APEX Statistics Total Apex performance from start to finish (1 week) 1. 100 evals - 3700$ (reached this milestone today) 2. 18 Funded Accounts - 2880$ (One time Fee) Total = 6580$ investment. Today i have reached the golden mark of 50100$ on 10 accounts that means 20k withdrawable is available. 20000$ - 6580$ = Total profit 13420$ (not bad in a week) {image}
Wow, congrats!

My YOLO compared to your YOLO is like a Biden erection. Limp city.

You ARE the YOLO king. All hail to the king!!!
Pride always comes before destruction.... -Proverbs 16:18
  • #34,618
  • Apr 11, 2024 12:09am Apr 11, 2024 12:09am
Quoting Expo33
{quote} Wow, congrats! My YOLO compared to your YOLO is like a Biden erection. Limp city. You ARE the YOLO king. All hail to the king!!!
So, your YOLO'ing, provides a net positive result. You have found an edge in your YOLO'ing to win more than you lose. Correct? So, before YOLO'ing, it's a good idea to find that edge...I think.
  • #34,619
  • Apr 11, 2024 12:09am Apr 11, 2024 12:09am
Quoting Expo33
{quote} Wow, congrats! My YOLO compared to your YOLO is like a Biden erection. Limp city. You ARE the YOLO king. All hail to the king!!!
yes sir
Extreme gut feeling trader
  • #34,620
  • Apr 11, 2024 12:10am Apr 11, 2024 12:10am
Quoting OutThere
{quote} So, your YOLO'ing, provides a net positive result. You have found an edge in your YOLO'ing to win more than you lose. Correct? So, before YOLO'ing, it's a good idea to find that edge...I think.
Absolutely thats the crux of trading in general. Losses part of the game need to be net positive after 100 trades otherswise this profession is not for you.
Extreme gut feeling trader
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