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- 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 ...
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- 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 ...
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- 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 ...
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- 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.
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- 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 ...
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- 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 ...
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- Nsak3y replied Jun 4, 2024
-Yes. We fully-understand what this is and we accept it because of the opportunity.
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- Nsak3y replied Jun 3, 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 ...
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- Nsak3y replied Jun 3, 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 ...
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- 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.
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- 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 ...
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- Nsak3y replied Jun 3, 2024
-Personally, I think it beats getting denied, then account closed, then blacklisted etc.. At least this way, you have a chance to earn it honestly even though you clearly broke the rules. I also think that the 10-days is a minimum, so 2k per day may ...
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- Nsak3y replied Jun 3, 2024
-Not for no reason. The universe is trying to tell you something. You should listen. We all have our own path and our own lessons in life. Figure out what this is teaching you and embrace the lesson. Things happen for us, not to us.
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- Nsak3y replied Jun 3, 2024
-Just another way to dissuade and deter profitable traders, I'm sure.
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- Nsak3y replied Jun 2, 2024
-If we look at things objectively (which may rule some people out, automatically), then there are probably only a few changes that Apex would need to make in order to push more cheaters/gamers to other firms. A lot of these measures were spoken ...
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- Nsak3y replied Jun 1, 2024
The way that I see it, is, we can either complain about Apex finally getting around to enforcing their rules, or, we can complain about the groups that are gaming the system, which has forced Apex's hand on this. Better yet, we can choose to not ...
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- Nsak3y replied Jun 1, 2024
-I think, if the rules existed prior to infraction, then it should not matter; it is up to traders to ensure that their trading is compliant.
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- Nsak3y replied Jun 1, 2024
-The rules have always been in place. Only recently have they been heavily-enforced. This is the result of many people trying to game the system because they cannot trade properly themselves. Would you trade a personal account this way? If you did, ...
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- Nsak3y replied Jun 1, 2024
-If you watch the videos, it is explained far better than I could do here. To summarize, people are using their entire account balance as their stop-loss. Some are seeing 90% accuracy since the market usually bounces back enough to grab a few ticks ...
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