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  • #27,921
  • Jan 9, 2024 10:14am Jan 9, 2024 10:14am
Does anyone know if the consistency score at FTMO can ever reach 100%?
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  • #27,922
  • Jan 9, 2024 10:22am Jan 9, 2024 10:22am
Quoting ladder
{quote} I guess the competition will eventually force futures props to use static drawdown.
What competition? APEX is dominating futures prop space.
Trade with confidence, trade without fear.
  • #27,923
  • Jan 9, 2024 10:30am Jan 9, 2024 10:30am
Quoting Olarion1975
Does anyone know if the consistency score at FTMO can ever reach 100%? {image}
In theory, you can. The magnitude of your wins/losses should be the same.

Congratulations! I like your equity curve.
  • #27,924
  • Jan 9, 2024 10:36am Jan 9, 2024 10:36am
Quoting Cryptosurf
{quote} What competition? APEX is dominating futures prop space.
uprofit, and now MyFundedFutures, have programs with static drawdown.
  • #27,925
  • Jan 9, 2024 10:46am Jan 9, 2024 10:46am
Quoting ladder
{quote} I guess the competition will eventually force futures props to use static drawdown.
If they eliminate the trailing and can still manage to offer a good value, I would probably trade futures exclusively.
To me, there is no need for trailing DD, other than to increase failure rate.
  • #27,926
  • Jan 9, 2024 10:48am Jan 9, 2024 10:48am
Quoting ladder
{quote} uprofit, and now MyFundedFutures, have programs with static drawdown.
Good lord, their offerings are garbage.
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Trade with confidence, trade without fear.
  • #27,927
  • Jan 9, 2024 11:03am Jan 9, 2024 11:03am
Quoting ladder
{quote} I guess the competition will eventually force futures props to use static drawdown.
In reality Apex already has it but conditions are terrible.
  • #27,928
  • Jan 9, 2024 11:08am Jan 9, 2024 11:08am
Quoting pipmaster77
{quote} If they eliminate the trailing and can still manage to offer a good value, I would probably trade futures exclusively. To me, there is no need for trailing DD, other than to increase failure rate.
There is no trailing on funded accounts. All static.
https://support.apextraderfunding.co...-Master-Course

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Trade with confidence, trade without fear.
  • #27,929
  • Jan 9, 2024 11:10am Jan 9, 2024 11:10am
Quoting Capablanca
{quote} Ohhhhhhhhhhhh, I was already dreaming for your photos in a lambo with your apex payout. So, as far as I see everything is automatic and fast with these guys ? Not that BS of checking the trades, bla bla bla before funded credentials. How's the KYC process ? Did you have to provide ID copies and address proof ?
I can't remember. I think I just needed to upload my ID the first time and it was approved in minutes and took no time at all to get the funded credentials. This time I just had to sign the contract and had my credentials a minute later.

The only thing I don't like is the trailing drawdown but more than that it sucks having to close out all my positions every day. I just want to build a position and know that I can hold it for as long as I need. Trading hours here on the West Coast US don't fit at all with my schedule so I can't be at the screen during the most liquid time.
Pride always comes before destruction.... -Proverbs 16:18
  • #27,930
  • Jan 9, 2024 11:12am Jan 9, 2024 11:12am
Quoting ladder
{quote} uprofit, and now MyFundedFutures, have programs with static drawdown.
Do they ? Where is that ?
I was browsing their site and could one see the Starter and and Expert programs, both with trailing.
  • #27,931
  • Jan 9, 2024 11:14am Jan 9, 2024 11:14am
Quoting Cryptosurf
{quote} There is no trailing on funded accounts. All static.
WHAT ?! Are you talking about Apex ?!
  • #27,932
  • Jan 9, 2024 11:15am Jan 9, 2024 11:15am
Quoting Cryptosurf
{quote} Good lord, their offerings are garbage. {image}{image}
You can browse uprofit site on your computer. You will easily find their static drawdown program (called The Freedom Program). Yes it is still garbage. As for myfundedfutures, youngD just posted their static account on the previous page.
  • #27,933
  • Jan 9, 2024 11:42am Jan 9, 2024 11:42am
Quoting Capablanca
{quote} WHAT ?! Are you talking about Apex ?!
Yes, after you pass and earn the trailing DD + $100. So 50K account with $2,500 trailing, trailing stops when you earn $2,600. It will be fixed at $50,100.....this is where you need to build your buffer though before withdrawl.
  • #27,934
  • Jan 9, 2024 11:46am Jan 9, 2024 11:46am
Quoting pipmaster77
{quote} Yes, after you pass and earn the trailing DD + $100. So 50K account with $2,500 trailing, trailing stops when you earn $2,600. It will be fixed at $50,100.....this is where you need to build your buffer though before withdrawl.
Ahh, Ok, but that's the normal trailing DD mechanics.
I still consider that a trailing DD because until achieving 50K Apex has some risk. From the moment we achieve the 50K 100% of the allowed DD are just our profits and not Apex money.
  • #27,935
  • Jan 9, 2024 11:53am Jan 9, 2024 11:53am
Quoting youngD
My funded futures static account. Looks good. No activation fee currently 150$. {image}
I could not find the static in the site but I read that also in twitter. With 50% discount that seems quite good promo. Downside is being run by Matt. Not the most reputable guy around.
https://twitter.com/MyFundedFutures/...10517082706299
  • #27,936
  • Jan 9, 2024 12:01pm Jan 9, 2024 12:01pm
Quoting Capablanca
{quote} Ahh, Ok, but that's the normal trailing DD mechanics. I still consider that a trailing DD because until achieving 50K Apex has some risk. From the moment we achieve the 50K 100% of the allowed DD are just our profits and not Apex money.
Exactly. Basically, on a 90% off deal, you pay $16.70 plus $85/mo or $140 for life and you get a $2,500 account. In reality, you need to 120% the account 3 times before making a withdrawal, first to pass, next to get out of trailing (if you withdrawal here though, eats into your DD) and then again to withdrawal. You then have pulled $2K (limit on initial withdrawals) and now have a $2,500 static DD.....it is still a great value for the cost.
  • #27,937
  • Jan 9, 2024 12:01pm Jan 9, 2024 12:01pm
Quoting Capablanca
I could not find the static in the site but I read that also in twitter. With 50% discount that seems quite good promo.
-Looks like the static draw-down may only be available with the promo, for a limited time-only. Maybe Matt is running a test to see if it is a viable option with the subscription model. I would welcome that change in this space (no daily draw-down, static max with a subscription-based model).
  • #27,938
  • Jan 9, 2024 12:05pm Jan 9, 2024 12:05pm
Quoting pipmaster77
In reality, you need to 120% the account 3 times before making a withdrawal
-That sounds like 5er's bootcamp.
  • #27,939
  • Jan 9, 2024 12:13pm Jan 9, 2024 12:13pm
Quoting Nsak3y
{quote}-That sounds like 5er's bootcamp.
Close, but you need to 120% three times to pass, so 4 times to withdrawal and that is $300 for 4K DD
  • #27,940
  • Jan 9, 2024 12:18pm Jan 9, 2024 12:18pm
Quoting pipmaster77
{quote} Close, but you need to 120% three times to pass, so 4 times to withdrawal and that is $300 for 4K DD
Technically, Apex is a one stage, but you need that 2nd stage to build your buffer.
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