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  • #36,761
  • May 19, 2024 5:33am May 19, 2024 5:33am
I think Apex is peaked now. But shall see, I thought they would go under 5 months ago so. They managed to keep afloat quite well. My guess they took a considerate market share due to their promotions years ago. But it must come a point where it will start to go downhill.
Also I like averaging median and going straight into losses full force with a set SL which seems to make most faint here just the thought of it, so theres that.
  • #36,762
  • May 19, 2024 5:59am May 19, 2024 5:59am
Quoting labu
I think Apex is peaked now. But shall see, I thought they would go under 5 months ago so. They managed to keep afloat quite well. My guess they took a considerate market share due to their promotions years ago. But it must come a point where it will start to go downhill.

Exactly right. Judging by all the payout-related complaints about Apex right now, I’d say that point has already come. Or is just about to, at least.
  • #36,763
  • May 19, 2024 6:25am May 19, 2024 6:25am
Quoting KarlKraus
{quote} Exactly right. Judging by all the payout-related complaints about Apex right now, I’d say that point has already come. Or is just about to, at least.
You have yet to show any proof. You say its "all over the internet" and yet it's not.

When CFD Firms were having problems it was all over the various socials.

That's not happening at the moment with APEX.
Trade with confidence, trade without fear.
  • #36,764
  • Edited 10:27am May 19, 2024 6:41am | Edited 10:27am
Quoting labu
I think Apex is peaked now. But shall see, I thought they would go under 5 months ago so. They managed to keep afloat quite well. My guess they took a considerate market share due to their promotions years ago. But it must come a point where it will start to go downhill. Also I like averaging median and going straight into losses full force with a set SL which seems to make most faint here just the thought of it, so theres that.
Apex has the largest market share, before and after the the fall of CFD firms. No one knows what tomorrow may bring, but like I have said before, long term marriage to these firms is not wise.

They should be regarded as ATMs to fund one’s own personal accounts and investments.
Trade with confidence, trade without fear.
  • #36,765
  • May 19, 2024 10:53am May 19, 2024 10:53am
Quoting Cryptosurf
{quote} You have yet to show any proof.

As pointed out above by another member, the recent parts of this 35-page thread certainly seem to contain rather a lot of evidence?

But to anyone who knows how to use a search engine, there’s obviously a whole lot more, especially recently.

We don’t expect you to acknowledge any of that, though: my own DM inbox here testifies that readers of this thread understand pretty clearly how much you like to try to "Be Right" (especially when you’re not, i.e. very often indeed).
  • #36,766
  • May 19, 2024 10:55am May 19, 2024 10:55am
There is a misunderstanding in this forum regarding prop firm changing rules to make traders better.
It is flat lie. Prop firms are protecting themselves. Lot of people are complaining about youtubers like alpine making money but if you go and watch his videos he repeats same thing on LIVE FUTURES AMP account.
Let me give you an example. For 50K account If I use monthly PA fees on apex it costs me 85$. Once I reach payout threshold I request if I withdraw 2K out of 2.6K threshold. Does it make sense to build account from 600$ to again 2.6K or should I spend 100$ and get new account?
APEX complaining about misusing system is like drug cartel who is giving drug to user and advising to use it will care.
Again apex is a great firm but they should have enforced rules way earlier lack of staff is silly excuse. It is obvious traders needs time to adjust once such heavy drug supply is reduced
  • #36,767
  • May 19, 2024 11:09am May 19, 2024 11:09am
Quoting KarlKraus
{quote} As pointed out above by another member, the recent parts of this 35-page thread certainly seem to contain rather a lot of evidence? But to anyone who knows how to use a search engine, there’s obviously a whole lot more, especially recently. We don’t expect you to acknowledge any of that, though: my own DM inbox here testifies that readers of this thread understand pretty clearly how much you like to try to "Be Right"...
So all you have is a few complaints from a forum thread and that's it. Hardly proof of anything. There's nothing more in that thread then baseless conjecture and conspiracy theory's.

When CFD props were (and currently are) cascading with payment problems, it's all over the socials, ie Twitter, Youtube, etc. It rather easy to find out.

Your DM box?

So basically you're just lying out your ass again.
Trade with confidence, trade without fear.
  • #36,768
  • May 19, 2024 11:25am May 19, 2024 11:25am
Quoting Cryptosurf
{quote} So all you have is a few complaints from a forum thread and that's it. Hardly proof of anything. There's nothing more in that thread then baseless conjecture and conspiracy theory's. When CFD props were (and currently are) cascading with payment problems, it's all over the socials, ie Twitter, Youtube, etc. It rather easy to find out. Your DM box? So basically you're just lying out your ass again.
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  • #36,769
  • May 19, 2024 11:57am May 19, 2024 11:57am
Quoting KarlKraus
{quote} But to anyone who knows how to use a search engine, there’s obviously a whole lot more, especially recently.
Time to step up and prove it or stfu.

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First three videos are people who did get denials but admit they themselves fucked up and they themselves are to blame.

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On X, nothing.
Trade with confidence, trade without fear.
  • #36,770
  • May 19, 2024 12:22pm May 19, 2024 12:22pm
Quoting Cryptosurf
{quote} Time to step up and prove it or stfu. {image} First three videos are people who did get denials but admit they themselves fucked up and they themselves are to blame. {image} On X, nothing.
Cryptosurf why u waste time with those trolls just ignore them
  • #36,771
  • May 19, 2024 12:45pm May 19, 2024 12:45pm
Quoting Capablanca
Don't want to scare gamblers but can't allow gamblers to hit them hard.
-This is my theory as well; discretionary enforcement of the rules (when it best suits them).
  • #36,772
  • May 19, 2024 1:04pm May 19, 2024 1:04pm
Quoting sampat
There is a misunderstanding in this forum regarding prop firm changing rules to make traders better. It is flat lie. Prop firms are protecting themselves. Lot of people are complaining about youtubers like alpine making money but if you go and watch his videos he repeats same thing on LIVE FUTURES AMP account. Let me give you an example. For 50K account If I use monthly PA fees on apex it costs me 85$. Once I reach payout threshold I request if I withdraw 2K out of 2.6K threshold. Does it make sense to build account from 600$ to again 2.6K or should...
With your own private account you bad do whatever and the risk is all your own. Positive and negative.

Some of these rules would also apply if one was to be at a brick and mortar prop firm, if not worse.
Trade with confidence, trade without fear.
  • #36,773
  • May 19, 2024 1:27pm May 19, 2024 1:27pm
Quoting Cryptosurf
{quote} With your own private account you bad do whatever and the risk is all your own. Positive and negative. Some of these rules would also apply if one was to be at a brick and mortar prop firm, if not worse.
Agree 100% traditional brick and mortar prop firms are way more expensive. Its their house their rules we have to obey if we want to milk them.
As I said earlier apex is most reliable existing prop firm in the market.
My concern is not rules its Hypocrisy of reasons for enforcing things.
Only disagreement is they are saying people are scamming them but million dollar question is they want to get more evals and traffic thats why they have 20 accounts, 1 day sale plus 80% discount. As I said earlier drug dealer cannot give moral lessons to drug addict. Once some one gets addicted they dont have control of usage
  • #36,774
  • May 19, 2024 1:55pm May 19, 2024 1:55pm
Quoting sampat
{quote} Agree 100% traditional brick and mortar prop firms are way more expensive. Its their house their rules we have to obey if we want to milk them. As I said earlier apex is most reliable existing prop firm in the market. My concern is not rules its Hypocrisy of reasons for enforcing things. Only disagreement is they are saying people are scamming them but million dollar question is they want to get more evals and traffic thats why they have 20 accounts, 1 day sale plus 80% discount. As I said earlier drug dealer cannot give moral lessons...
There’s no disagreement here that the lax rules on the evals promote the yolo crowd behavior.
Trade with confidence, trade without fear.
  • #36,775
  • May 19, 2024 2:44pm May 19, 2024 2:44pm
Quoting Cryptosurf
There’s no disagreement here that the lax rules on the evals promote the yolo crowd behavior.
-Do you believe that the stricter rules on PA serve to push more traders to live or trip up more traders for fees (or both)?

Sincere question, because we know that the fees are crucial, but we also know that making better traders may not benefit them financially unless they can accumulate enough trading data to justify backing traders with real capital. Perhaps there are other ways to generate income from that data, though.

Positioning themselves in such a way may help to further-legitimize the business while minimizing unwanted regulatory scrutiny, but I wonder if they would be shooting themselves in the foot in the process.
  • #36,776
  • May 19, 2024 4:12pm May 19, 2024 4:12pm
Quoting Nsak3y
{quote}-Do you believe that the stricter rules on PA serve to push more traders to live or trip up more traders for fees (or both)? Sincere question, because we know that the fees are crucial, but we also know that making better traders may not benefit them financially unless they can accumulate enough trading data to justify backing traders with real capital. Perhaps there are other ways to generate income from that data, though. Positioning themselves in such a way may help to further-legitimize the business while minimizing unwanted regulatory...
Trader improvement only comes from the trader themselves. There’s people that are convinced that they have an edge over the market by whatever scheme they get roped into. There’s a reason why HFT’s exist because the longer you’re in the market the higher the chance you’re going to get run over.

Now what does this have to do with what you asked? Probably nothing, but I honestly have no idea if their recent business decisions can support their current business model. Time will tell.
Trade with confidence, trade without fear.
  • #36,777
  • May 19, 2024 4:54pm May 19, 2024 4:54pm
Quoting Cryptosurf
Trader improvement only comes from the trader themselves.
-Certainly, one must put in the work in order to improve, which will always be a matter of choice. Although, I do believe that having proper guidance (either by way of self-election or through forced measures), can help to expedite and elevate one's own efforts.

Quoting Cryptosurf
I honestly have no idea if their recent business decisions can support their current business model. Time will tell.
-I agree. Thank you for sharing your thoughts.
  • #36,778
  • May 19, 2024 5:57pm May 19, 2024 5:57pm
Quoting Cryptosurf
{quote} Time to step up and prove it or stfu. {image} First three videos are people who did get denials but admit they themselves fucked up and they themselves are to blame. {image} On X, nothing.
dont need to spend your ounce of energy on these nay sayers. There always be people who have done/achieved nothing by themselves but here to advice/advocate others..

LET THEM BE ON SIDELINES WE COLLECT OUR
Extreme gut feeling trader
  • #36,779
  • Edited 7:08pm May 19, 2024 6:04pm | Edited 7:08pm
Quoting sampat
There is a misunderstanding in this forum regarding prop firm changing rules to make traders better. It is flat lie. Prop firms are protecting themselves. Lot of people are complaining about youtubers like alpine making money but if you go and watch his videos he repeats same thing on LIVE FUTURES AMP account. Let me give you an example. For 50K account If I use monthly PA fees on apex it costs me 85$. Once I reach payout threshold I request if I withdraw 2K out of 2.6K threshold. Does it make sense to build account from 600$ to again 2.6K or should...
Its always a personality opinion who views things with what perspective. In my previous post i mentioned prop firm rules helped me improve or overcome struggles/issues i had with trading for long time. Not everybody going to think like this but if you bring in layman ask a common sense question which one will be more profitable skilled trader over time following these hard rules or yolo behaviour you’ll get your answer. Not talking about any specific prop firm just my 2cents.


BTW YOU TAKING A BAD EXAMPLE alpine even if he repeats on personal account that yolo behaviour wont last. He is surviving on luck most of the times i have seen many times on his streams. Also he is gloating about it and motivating his viewers to go that path which is horrible(count yourself in as well coz you advocating his methods). That trading style i am not supporting cos i have done it myself and i have the results myself. You get lucky making big sometimes but overtime it’ll catch you.
Also you have answered your own question why build the account when you can get a new one right. Prop firm is not in the business model to give out single payouts. They are filtering out CONSISTENT TRADERS to put on live account like topstep n others with proper risk management not LUCKER. They will do best to harden the rules to get the best traders out of the list. Best example is mat youtube check his channel thats more like a consistent disciplined trader
Extreme gut feeling trader
  • #36,780
  • May 19, 2024 6:40pm May 19, 2024 6:40pm
I love this guy !

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Drawdown is more important than Account Size !
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