- Search Metals Mine
- Nsak3y replied May 26, 2025
-Thanks. I am speaking more in terms statistics. I imagine that Apex is targeting specific traders, either based on their profits, account sizes/quantities, tenure, number of approved payouts and so forth. I suppose that it does not matter much when ...
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- Nsak3y replied May 26, 2025
-For anyone that has received this notice, I would be interested to know if there is any information that you can share that might shed some light on why this has happened and/or what Apex is looking for. Feel free to ignore if you do not wish to ...
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- Nsak3y replied May 26, 2025
-I think, it would not make much sense to give traders the draw-down amount, since that would be too risky. I can understand why firms would want to limit the amount that traders start with when actually going live, especially since so many traders ...
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- Nsak3y replied May 22, 2025
Part of the problem is that there are way too many people that do not know what they are doing, and that do not treat this as a serious business. So, you see a lot of traders that partner with firms where they have no legal recourse, where the terms ...
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- Nsak3y replied May 20, 2025
-I have generally leaned toward the opinion that the remote prop model should not be regulated in the same way that traditional props/brokers are, since they are structured entirely differently and should not fall under the scope of the usual ...
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- Nsak3y replied May 16, 2025
-Indeed. We agree to the obvious conflict of interest because of the beneficial trade-off. In the case of FX brokers, we get unrealistic trading conditions with supposedly-large liquidity pools and massive leverage etc.. In the case of props, we get ...
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- Nsak3y replied May 14, 2025
-To regulate by enforcement can mean different things, but I typically view it as regulators waiting for companies to screw up and then going after them with fines, lawsuits and penalties etc., in lieu of clearly outlining the rules and ...
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- Nsak3y replied May 14, 2025
-Maybe. I do think that crypto is different. I also think that Acting Chairman Pham is also trying to cover her butt, so a lot of the stuff that she says, although critical against the CFTC, is likely just a way to distance herself from the ...
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- Nsak3y replied May 14, 2025
-If the case is dismissed as a result of questionable activity by the CFTC (e.g. misconduct, overreach, failure to follow proper procedure et al.), then it would likely impact their credibility going forward, resulting in substantial backlash, but I ...
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- Nsak3y replied May 13, 2025
-I would call that sophisticated gambling. When I worked valet at a casino many years ago, I remember seeing cars with so many used scratchers tickets, that you couldn't even see the floorboard or the passenger seat. This happened on multiple ...
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- Nsak3y replied May 7, 2025
-Buddies that you know outside of discord? Employing shills would be an easy and obvious go-to for any firm that intends to scam people out of their money.
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- Nsak3y replied May 2, 2025
-The primary goal of every trader should be to learn how to keep as much of their profits as possible. This is true, whether they are learning money management and how to manage losses (not give everything back to the market), or, when dealing with ...
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- Nsak3y replied May 2, 2025
-According to our records, you violated your daily draw-down on July 20 2024. Unfortunately, this type of reckless trading is not indicative of the type of traders that we are looking for. As a result, your payout request has been denied.
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- Nsak3y replied May 1, 2025
-I wonder how much of this is actually occurring. I do not hear much about it these days, but I also do not spend any time with my ear to the ground, other than what I read here or occasionally see on youtube etc.. It seems that if you are an ...
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- Nsak3y replied Apr 30, 2025
In a normal world, any firm that prohibited DCA would be questioned about artificial slippage, unrealistic/bad fills, exaggerated market impact, and the encouragement of chasing sub-optimal trades — all of which can lead to poor trading habits and ...
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- Nsak3y replied Apr 18, 2025
-Do any of these props actually back traders with their own capital on live? It is my understanding that most, if not all, of these firms use the trader's would-be profits as their balance on live. I cannot understand why any trader would elect to ...
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- Nsak3y replied Apr 10, 2025
-Let me offer an alternative perspective. Personally, I find it interesting to consider the timing of these market fluctuations (and reversals) in correlation to tariff start and halts etc.. It makes me wonder how many people knew about them ...
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