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  • #31,961
  • Feb 27, 2024 8:47am Feb 27, 2024 8:47am
Working on 6 Apex accounts.... not bad so far... hoping to have 20 accounts by next month. Taking it slow.
Key to winning these Futures prop firm challenges is not to get hyper and take it slow.
Only focused on S&P Minis for now.
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Drawdown is more important than Account Size !
  • #31,962
  • Feb 27, 2024 9:49am Feb 27, 2024 9:49am
Quoting Boulder
{quote} can you explain this payout more ... I just bought 2x$150k accounts.. only $31 each, so I plan to get 20 accounts total... Do you group your accounts together and copy trades between your accounts??
Yayy!! Today its last day for one day pass in Apex. I just passed one $150k with one day trading nq .. work on another account next which is halfway already to target $9k with just manual scalp ..
I am adapting to future trading,, love it so far,,
One thing I have an issue with the tradovite, I wish it had a way to show the target amount and stop loss amount. I don't want to stare at my screen to make sure I pass $159k, my trades went over, I was not quickly close the trades , ended up I had to trade more for $27 dollar
  • #31,963
  • Feb 27, 2024 9:51am Feb 27, 2024 9:51am
Quoting procrude
Working on 6 Apex accounts.... not bad so far... hoping to have 20 accounts by next month. Taking it slow. Key to winning these Futures prop firm challenges is not to get hyper and take it slow. Only focused on S&P Minis for now. {image}
That's the key, there's profit to be made everyday. What size accounts do you have?
Trade with confidence, trade without fear.
  • #31,964
  • Feb 27, 2024 10:04am Feb 27, 2024 10:04am
Quoting Takisd
Daily reminder that DXTrade is the used toilet paper of the trading platform market.
I received this message earlier today:
This message is to notify you that Smart Prop Trader will be completing a migration to DX Trade on 02/27/2024.
Should I trade on DxTrade or change prop firm ?
  • #31,965
  • Feb 27, 2024 10:06am Feb 27, 2024 10:06am
As opposed to copy trading, I am averaging in/out across multiple apex accounts. Trading them small and building a position across the accounts. In this way, it automatically eliminates FIFO as well. I rotate the accounts daily depending on where each one is sitting. I don't care about the one day to pass, I am more concerned about controlling the trailing DD.
  • #31,966
  • Feb 27, 2024 10:07am Feb 27, 2024 10:07am
LOL, I will never ever go with APEX futures trading with "Trailing Threshold Drawdown"
& there are people who are buying 20 x 50k challenges, Hats Off to Them, They are genius
Man, who are those traders when they trade and their trade just keep going in profit and directly hit tp and never turns back and nor hit sl

for me it is difficult to pass these forex prop firm challenges
can't even think of playing game with trailing threshold drawdown
  • #31,967
  • Feb 27, 2024 10:10am Feb 27, 2024 10:10am
Quoting chickn
{quote} I received this message earlier today: This message is to notify you that Smart Prop Trader will be completing a migration to DX Trade on 02/27/2024. Should I trade on DxTrade or change prop firm ?
For my understaning, MQ doesn't want ANY prop business...license or not, USA or not.....so changing prop firm may not be the solution.
  • #31,968
  • Feb 27, 2024 10:14am Feb 27, 2024 10:14am
okay so for APEX we need a strategy where SL & TP both are always set
and not just SL like we do in forex
  • #31,969
  • Feb 27, 2024 10:16am Feb 27, 2024 10:16am
Quoting pipmaster77
As opposed to copy trading, I am averaging in/out across multiple apex accounts. Trading them small and building a position across the accounts. In this way, it automatically eliminates FIFO as well. I rotate the accounts daily depending on where each one is sitting. I don't care about the one day to pass, I am more concerned about controlling the trailing DD.
That is my plan to trade one account at a time as I did in fx prop accounts,, I will be conservatively trading my PA accounts for sure ... ,main goal is to get paid,,, no greed,, and spread the risks among the accounts along the way...reinvest profit for more accounts...
  • #31,970
  • Feb 27, 2024 10:20am Feb 27, 2024 10:20am
Alright with alot of migrations n everyhting going on. I am going back to original plan. Currently buying 2x200k ftmo and 400k fxify . Thats it until all the dust settles.
Extreme gut feeling trader
  • #31,971
  • Feb 27, 2024 10:21am Feb 27, 2024 10:21am
Quoting pipmaster77
As opposed to copy trading, I am averaging in/out across multiple apex accounts. Trading them small and building a position across the accounts. In this way, it automatically eliminates FIFO as well. I rotate the accounts daily depending on where each one is sitting. I don't care about the one day to pass, I am more concerned about controlling the trailing DD.
Put limit target per order. You don't have to worry about FIFO or trailing thing.
  • #31,972
  • Feb 27, 2024 10:22am Feb 27, 2024 10:22am
Quoting genuine007
okay so for APEX we need a strategy where SL & TP both are always set and not just SL like we do in forex
Apex is intraday only, so whatever mentality you apply for forex wont work. You want to trade the most liquid instruments and that's US indices. You want to trade them after the 9:30est open (i prefer after 10am est) and be strategic on your entries. You're scalping on the lower time frames and always taking profit. You're taking small chunks every day. Trailing DD is never a concern for me as my losers are far less then my winners.

Like I've said a thousands times, if you know how the game is to be played, its incredibly easy.
Trade with confidence, trade without fear.
  • #31,973
  • Feb 27, 2024 10:25am Feb 27, 2024 10:25am
I'm waiting to see what Funded Peaks has to offer. Being that they are from Germany I'm sure it is legit. I don't know if the prices will be something that I want to do but if it looks good I will try them. If that does not work and everything else fails then and only then will I try futures.
  • #31,974
  • Feb 27, 2024 10:25am Feb 27, 2024 10:25am
Quoting procrude
Working on 6 Apex accounts.... not bad so far... hoping to have 20 accounts by next month. Taking it slow. Key to winning these Futures prop firm challenges is not to get hyper and take it slow. Only focused on S&P Minis for now. {image}
Did a few more...now no more trading till tomorrow.
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Drawdown is more important than Account Size !
  • #31,975
  • Feb 27, 2024 10:26am Feb 27, 2024 10:26am
Quoting Cryptosurf
{quote} That's the key, there's profit to be made everyday. What size accounts do you have?
I have one $150K and 5 - $50K's
Drawdown is more important than Account Size !
  • #31,976
  • Feb 27, 2024 10:27am Feb 27, 2024 10:27am
Quoting Cryptosurf
{quote} Apex is intraday only, so whatever mentality you apply for forex wont work. You want to trade the most liquid instruments and that's US indices. You want to trade them after the 9:30est open (i prefer after 10am est) and be strategic on your entries. You're scalping on the lower time frames and always taking profit. You're taking small chunks every day. Trailing DD is never a concern for me as my losers are far less then my winners. Like I've said a thousands times, if you know how the game is to be played, its incredibly easy.
yeah, APEX is different from FOREX what we are used to
we need our trades to always hit TP even if it is small
and we need a lot more time gap in our next trades (sure trades) and always want to hit TP
we need a strategy which hit SL way less than out TPs
only this way we can have more chances to win in APEX
  • #31,977
  • Feb 27, 2024 10:27am Feb 27, 2024 10:27am
Quoting Cryptosurf
{quote} Apex is intraday only, so whatever mentality you apply for forex wont work. You want to trade the most liquid instruments and that's US indices. You want to trade them after the 9:30est open (i prefer after 10am est) and be strategic on your entries. You're scalping on the lower time frames and always taking profit. You're taking small chunks every day. Trailing DD is never a concern for me as my losers are far less then my winners. Like I've said a thousands times, if you know how the game is to be played, its incredibly easy.
One way I am avoiding trailing thing is I put Limit Target order with every buy or sell. It is more important than STOP loss as trailing DD will kill the account.
  • #31,978
  • Feb 27, 2024 10:30am Feb 27, 2024 10:30am
Quoting Cryptosurf
{quote} Apex is intraday only, so whatever mentality you apply for forex wont work. You want to trade the most liquid instruments and that's US indices. You want to trade them after the 9:30est open (i prefer after 10am est) and be strategic on your entries. You're scalping on the lower time frames and always taking profit. You're taking small chunks every day. Trailing DD is never a concern for me as my losers are far less then my winners. Like I've said a thousands times, if you know how the game is to be played, its incredibly easy.
Also no point in making huge gains on PA account as it will unnecessary enforce Consistency rule. For example for 50K withdrawal threshold is 2.6K so no point in making more than 2600*0.3 = $780. If you make more they will enforce you to make more profit.
  • #31,979
  • Feb 27, 2024 10:35am Feb 27, 2024 10:35am
Quoting sampat
{quote} Also no point in making huge gains on PA account as it will unnecessary enforce Consistency rule. For example for 50K withdrawal threshold is 2.6K so no point in making more than 2600*0.3 = $780. If you make more they will enforce you to make more profit.
you need something that can have way small SL & little bit more TP and chances of hitting TP are way more than hitting SL
and we need not to make big profit in a single trade.. we need mulitple trades with small TP
  • #31,980
  • Feb 27, 2024 10:36am Feb 27, 2024 10:36am
I love forex market, been trading it since 2007. The trading volume is the highest. I am just focusing more on futures (i am new with futures) since there is a whole bunch of crap going on rite now in the forex prop industry specially for people like me (us resident).

I don't see many complains from people trading futures with prop firms... less payout issues. Seems like those companies are more legit than forex prop firms.

After Forex trading volume, futures trading volume is the highest.
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Drawdown is more important than Account Size !
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