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- Nsak3y replied 34 min ago
-Technically, any firm can refuse payment and terminate services whenever they see fit to do so. It is up to traders to hold these firms accountable, if and when, they elect to abuse the terms that all parties have agreed to. Likewise, we as ...
- Nsak3y replied 1 hr 27 min ago
-As I understand it, that is only applicable if the rule is broken. If the rule is not broken, then there is no discretionary interpretation. Having discretion if/when the rule is broken, allows them some flexibility when traders make honest ...
- Nsak3y replied 2 hr 23 min ago
Regarding Apex, if the rules are followed, then you should be fine. There is nothing subjective or ambiguous about it, I think. If you didn't follow the rules and you know it, or, you didn't bother to fully-read the rules prior to starting, then you ...
- Nsak3y replied Jun 11, 2024
-Indices markets often move aggressively around the opening of NY session. Higher time-frames (e.g. >1H) appear to indicate normal market movement.
- Nsak3y replied Jun 9, 2024
-Interestingly (or maybe not), Upropfirm shows up on Quantower's connections page already, meanwhile, Felxy Trade and Precision Funding are still not listed.
- Nsak3y replied Jun 9, 2024
Saw this in Quantower's release notes. Looks like another Futures prop with a $2 website. Up to 15 accounts.
- Nsak3y replied Jun 8, 2024
-The guy looks like he has some bodies hidden somewhere. This space seems to attract a certain type.
- Nsak3y replied Jun 8, 2024
-That about sums it up.
- Nsak3y replied Jun 8, 2024
-Due to the current structure of the remote prop model, as well as the competitive environment in which these firms operate in, eventual insolvency may be inevitable for ALL firms, no matter how honest they truly are. As such, avail of the ...
- Nsak3y replied Jun 8, 2024
-Yes. I remember him talking about that. And although I try to approach these things with an objective, open mind, understanding that there are always multiple sides to every story, and that some of these companies may say one thing while actually ...
- Nsak3y replied Jun 7, 2024
-This is a big problem that we currently see repeatedly unfolding here in the States... instead of regulators assisting businesses that are seeking guidance, they are, instead, acting purely as enforcers even when it is obviously clear that some ...
- Nsak3y replied Jun 4, 2024
-Maybe. Probably. But, I would just rather not do it at all and avoid the trouble. I have no issues with Apex or this rule. But I agree, no reason to keep revisiting this.
- Nsak3y replied Jun 4, 2024
-Probably, little point in trying to explain it at this point. Most here see it as a losing strategy, regardless. Breaking trades up into smaller sizes works really well when you are trading larger volume, especially over the long-term. But it can ...
- Nsak3y replied Jun 4, 2024
-You can get close, but you might have to drop down to seconds time-frames in order to do it, and even then, you can never be 100% correct all of the time. As such, I generally just stick to the lower-minute TF's for entries, and that is good enough ...
- Nsak3y replied Jun 4, 2024
-Yes. We fully-understand what this is and we accept it because of the opportunity.
- Nsak3y replied Jun 4, 2024
-I assume that it means that people can take micro trades, so long as half of their trading days are legit (+ or - $150). Although it would be better to just change minimum trading days to 4 and drop micro trades completely, I suspect that pushing ...
- Nsak3y replied Jun 4, 2024
-Yes. Probably only a matter of time until others figure that out. Then, maybe Apex will prohibit any sort of quasi-martingale strategies to combat against 3rd-party service providers. Fortunately, these rules do not stop honest traders from making ...
- Nsak3y replied Jun 3, 2024
-Ideally, yes. But if Apex is really facing a huge problem from people using DCA-bot services, then even allowing multiple micros would allow for the abuse to continue.
- Nsak3y replied Jun 3, 2024
-Yes. But it is a necessary compromise, I think. Having this DCA rule will be better for the firm's longevity (assuming that their claims of DCA-bot services are true). People like us are collateral damage for those that need DCA in order to remain ...