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  • #27,121
  • Dec 8, 2023 3:27pm Dec 8, 2023 3:27pm
My evaluation about Apex now. My trailing does not stop with Apex, I thought it would stop at initial balance but it does not as my Rithmic is trailing to infinity. True.

(The following only applies to RITHMIC accounts)
During your evaluation, the drawdown will stop trailing once the trailing stop hits the profit target. That means once your THRESHOLD BALANCE reaches your profit goal NOT your ACCOUNT BALANCE
For example in a 50K evaluation account, once the auto liquidation threshold value gets up to $53,000 it will stop trailing.

(The following only applies to TRADOVATE accounts)
During your evaluation your trailing drawdown will NOT stop trailing.

In your Paid/Funded account, the trail will stop when you have exceeded the risk allotment by $100. For example, say you are allowed $2500 trail and start at $50,000. Once you exceed $52,600, your trail will stop at $50,100 and not trail up any further.
  • #27,122
  • Dec 8, 2023 3:38pm Dec 8, 2023 3:38pm
Quoting TrAndy1
My evaluation about Apex now. My trailing does not stop with Apex, I thought it would stop at initial balance but it does not as my Rithmic is trailing to infinity. True. (The following only applies to RITHMIC accounts) During your evaluation, the drawdown will stop trailing once the trailing stop hits the profit target. That means once your THRESHOLD BALANCE reaches your profit goal NOT your ACCOUNT BALANCE For example in a 50K evaluation account, once the auto liquidation threshold value gets up to $53,000 it will stop trailing. (The following...
Once you hit 53K in eval, you've passed. Not clear on what they mean by it will stop/not stop trailing. Why would anyone still be trading?
  • #27,123
  • Dec 8, 2023 4:08pm Dec 8, 2023 4:08pm
Quoting montygoldy
{quote} Man i tried today the mffx 5k challenge.. it was so quick didn't have the chance... opened the form right away filled it in less than 30 seconds (my personal best lol) and its already done. People must be usin some sort of edge or they be
I use LastPass as a password manager and form filler. It automatically filled in my first name, last name, and email address so I literally just had to hit submit about the same second the page loaded. I guess today a lot of people got hit with a senseless Captcha interference, which even covered up the submit button, so none of those folks had a chance. If you have auto form filling enabled for your browser, maybe you'd have a better chance than typing the info in. I think the 300 accounts were gone in 3 seconds today, which was even faster than 5 seconds yesterday. Crazy!
  • #27,124
  • Dec 8, 2023 4:43pm Dec 8, 2023 4:43pm
Quoting AaronPriest
{quote} I use LastPass as a password manager and form filler. It automatically filled in my first name, last name, and email address so I literally just had to hit submit about the same second the page loaded. I guess today a lot of people got hit with a senseless Captcha interference, which even covered up the submit button, so none of those folks had a chance. If you have auto form filling enabled for your browser, maybe you'd have a better chance than typing the info in. I think the 300 accounts were gone in 3 seconds today, which was even faster...
Yes, it truly is mind blowing to me. Not quite sure how the company is benefiting. I just don't see the hope for future revenue from customers who are clawing to get a free 5K account. Obviously, the client this is attracting is certainly not going to turn around and dish out a grand for a 200K account after they fail the free 5K.
Data mining, possibly? You know these crooks are up to something other than giving stuff away.
Like APEX marketing makes sense, they lure you with the 90% off, but then to get the account, you either pay $85 monthly or one time fee which varies on account size. So free money to them if you fail and more money to them if you pass.
  • #27,125
  • Dec 8, 2023 5:30pm Dec 8, 2023 5:30pm
Quoting TrAndy1
{quote} Auto fill in from browser. Once activated it is one click only and all fields are filled with personal info, that easy. It takes 1 or 2 seconds then to do this all.
i did that .. even opened it sec they posted ….
Extreme gut feeling trader
  • #27,126
  • Dec 8, 2023 7:13pm Dec 8, 2023 7:13pm
Quoting pipmaster77
{quote} Yes, it truly is mind blowing to me. Not quite sure how the company is benefiting. I just don't see the hope for future revenue from customers who are clawing to get a free 5K account. Obviously, the client this is attracting is certainly not going to turn around and dish out a grand for a 200K account after they fail the free 5K. Data mining, possibly? You know these crooks are up to something other than giving stuff away. Like APEX marketing makes sense, they lure you with the 90% off, but then to get the account, you either pay $85 monthly...
If I pass the 5K, I'll turn around and fund a 100K, at no actual expense. I'm not sure how that benefits them either I guess... ;-) Must be selling data somehow to make it worth it, because I doubt they are A booking anyone or copying any trades. Probably the data is worth something though.
  • #27,127
  • Dec 8, 2023 9:12pm Dec 8, 2023 9:12pm
Quoting pipmaster77
Not quite sure how the company is benefiting.
-It's just another form of marketing. Probably, they hope that it will bring new traders to their firm.
  • #27,128
  • Dec 8, 2023 9:14pm Dec 8, 2023 9:14pm
Quoting Capablanca
{quote} Alpha dashboard has always been very bad. Wait until you have to configure your payout bank details. Errors after errors until you manage, without knowing why, to fix it. I'm now very surprised. These are the guys that bought TCF, which had one of the least stable and reliable sites. The positive is that once you pass the purgatory things became smooth and payouts happen in just a couple of hours.
I would be surprised if I ever got any credentials from
them.
Pride always comes before destruction.... -Proverbs 16:18
  • #27,129
  • Dec 8, 2023 10:22pm Dec 8, 2023 10:22pm
So far I use mt4 , mt5 n java from dukascopy,

Apex offering different platform . Is there any option to copy trade to those platform from mt4, like copy ea what we use in between mt4/5 s.

I really don't know about these platforms, any one can help?
  • #27,130
  • Dec 9, 2023 1:29am Dec 9, 2023 1:29am
Quoting josh1111
Are you guys interested in my Apex Prop account results? I don't want to just bomb the forum with stuff that may not be interesting to the group. If I don't see a few thumbs up I won't post about it in the future. Not here to brag as I am sure a bad day is coming soon and today was almost it but I am now up 5 days in a row. I am addicted to a chart that is new to me but probably very familiar to you futures guys; the tick chart. Not the little window in Mt4 showing every tick. This I setup to make a candle every 100-300 ticks so the graph is not...
Hey congrats on the journey. Ive done alot of testing with range charts and ticks charts myself throughout the years and when it comes to specific instruments its the way to go. But then again it all depends on the trading style too. Always fun to see someone who can transition away from the unreliable forex prop firms.
  • #27,131
  • Dec 9, 2023 9:11am Dec 9, 2023 9:11am
Inserted Video
  • #27,132
  • Dec 9, 2023 9:55am Dec 9, 2023 9:55am
Quoting wansiman
https://www.youtube.com/watch?v=Y4iWOdykYV8
Your money is not safe with US regulated brokers. He also forgets to mention that in many cases the unregulated brokers can get MT5 from MQ.
  • #27,133
  • Dec 9, 2023 10:49am Dec 9, 2023 10:49am
Quoting TrAndy1
My evaluation about Apex now. My trailing does not stop with Apex, I thought it would stop at initial balance but it does not as my Rithmic is trailing to infinity. True. (The following only applies to RITHMIC accounts) During your evaluation, the drawdown will stop trailing once the trailing stop hits the profit target. That means once your THRESHOLD BALANCE reaches your profit goal NOT your ACCOUNT BALANCE For example in a 50K evaluation account, once the auto liquidation threshold value gets up to $53,000 it will stop trailing. (The following...
Did you just find this out now? It's clearly stated in the faq's How Does The Trailing Threshold Work? Master Course – Apex Trader Funding
Trade with confidence, trade without fear.
  • #27,134
  • Dec 9, 2023 11:09am Dec 9, 2023 11:09am
Quoting wansiman
https://www.youtube.com/watch?v=Y4iWOdykYV8
ABSOLUTELY WRONG......He states at any point, you are risking 100% of your trading capital.
Here is the truth......because you have 10x the leverage, you only need 1/10 of the margin to execute the same trade. You can literally trade the same size with 2,000 as you would need 20K with a "regulated" broker. That is only EURUSD, USDCAD and EURCAD, most others are 30:1 and 20:1, now you need 20-25 times more.
Therefore.....90% of your "trading capital" can sit in an FDIC insured back account. You are actually risking 100% of your capital with a garbage offering in the US, because contrary to what all of these folks who believe they know what they are talking about, THERE IS NO PROTECTION OF FUNDS ON FOREX ACCOUNTS IN THE US.
So,
Option A. Risk 10% of my capital AND have much better spreads, execution and overall conditions
or
OptionB. Come over to the regulated side, risk 100% and pay higher spreads and have worse execution

Hmmmm.....decisions, decisions
  • #27,135
  • Dec 9, 2023 11:20am Dec 9, 2023 11:20am
Quoting Cryptosurf
{quote} Did you just find this out now? It's clearly stated in the faq's How Does The Trailing Threshold Work? Master Course – Apex Trader Funding
I am still not clear as to what I am missing, on a 50K account, in an eval, when my balance hits 53K, I have passed. Why would I continue trading? So why is it relevant if it stops trailing? If my trailing threshold gets to 53K, I am well beyond what was required to pass. What am I missing here?
  • #27,136
  • Dec 9, 2023 11:23am Dec 9, 2023 11:23am
Quoting wansiman
https://www.youtube.com/watch?v=Y4iWOdykYV8
Why only MT4 and not MT5? Maybe it's because MetaQuotes isn't selling MT4 server licenses anymore and is deactivating them from being resold, and less to do with regulation?
  • #27,137
  • Dec 9, 2023 11:34am Dec 9, 2023 11:34am
if you pass an eval and get funded just make 3% a month. Dont risk making more, instead get another account from your profit in the funded and pass a new challenge. Just repeat process in order to increase your capital.
Trading is gambling. So gamble responsibly.
  • #27,138
  • Dec 9, 2023 11:45am Dec 9, 2023 11:45am
Quoting pipmaster77
{quote} I am still not clear as to what I am missing, on a 50K account, in an eval, when my balance hits 53K, I have passed. Why would I continue trading? So why is it relevant if it stops trailing? If my trailing threshold gets to 53K, I am well beyond what was required to pass. What am I missing here?
You're not missing anything. On eval with 50k then your profit goal is 3K within 7 day. If Profit is achieved earlier then trade a micro to complete. Once funded then any trailing req stops above $52,600.
Trade with confidence, trade without fear.
  • #27,139
  • Dec 9, 2023 11:55am Dec 9, 2023 11:55am
Quoting pipmaster77
{quote} I am still not clear as to what I am missing, on a 50K account, in an eval, when my balance hits 53K, I have passed. Why would I continue trading? So why is it relevant if it stops trailing? If my trailing threshold gets to 53K, I am well beyond what was required to pass. What am I missing here?
You have not passed the evaluation until Apex goes through its verification process, which is done at the end of the day. Accordingly, all trades taken in the evaluation are subject to the trailing drawdown rule. This includes any trade taken that breaches the 50k threshold and any trades taken after the 50k threshold is breached, but prior to Apex's end of day verification.

Hope that helps.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #27,140
  • Dec 9, 2023 12:02pm Dec 9, 2023 12:02pm
Quoting Cryptosurf
{quote} You're not missing anything. On eval with 50k then your profit goal is 3K within 7 day. If Profit is achieved earlier then trade a micro to complete. Once funded then any trailing req stops above $52,600.
This is what I thought. So, in an eval, who cares if it stops trailing once you've hit the target? My trailing threshold should be nowhere near 53K when my account balance hits 53K? Why is this even an issue? There is no way for my trailing threshold to be 53K without my balance already have been there.
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