I think you brought up a really good point. You can run 20 accounts. Trading small with micros and just hitting $150 a day....well that is 3k a day. Even with the first 3 months capped thats 60k a month. That is ridiculous money from obeying the rules and making $150 a day. You may not be green everyday but thats an average. They are offering a huge opportunity to people to make really good income by caring about being a good consistent trader.
Excellent video but I still have one question/issue not covered. Because apex takes a while to approve a payout I need to keep trading to meet the min 10 days for the trading cycle. What happens if -on a 50k PA - I dip below 52600 before the approval? Support told me it’s a “grey area.” Any thoughts on this? Thank you !
Thanks for the breakdown, I agree, the rules make me approach my trading more logically. I have my first PA for a week, and I appreciate the knowledge you provide in your videos.
Preciate you bro….needed that clarity. The balance of “bro” + professionalism in your content is next to none! You’re a “Brofessional” 😂 That was corny af! Keep doing your thing sir.🤝
@@dillocap tbh when you payout 25k using same strategy and are consistent u really become professional trader.... Unless you gamble that 25k and with topstep you may gamble as they don't have consistency rule like apex and new bs rules that just allows them to stop your withdrawal. apex ceo is just being mental lately
People. Pay close attention starting at 3:15 in the video. Trade a challenge account or PA as your money. As a real account. Great point and it's true there a many youtubers doing exactly what you said.
The scaling rule prohibits gambling for gamblers. But also, it makes it impossible for experienced traders to get better and also safer entries. Please ask professional traders. It is not rational to put all chips on the table at the same time or being limited to take a great set-up because of this gambler-rule. Then your timing must be perfect but it is impossible be quicker than algos who neither entry everything at the same tick..
@@nhactinhchonloc9243 I've been paid just fine my friend. If you are DCA'ing into trades it's because you aren't a good trader. Join the discord and learn how to trade for real :)
There are a few issues with APEX not allowing traders to add to their trades while the trade goes against them. This unfavorable move on a trade can be temporary and the trader might be fully aware of it and it order to avoid their draw down limit they have to increase leverage. Taking that away it's setting everyone up for failure as we all know perfect entries exist in the books not on live markets. We all know NQ has wide moves so averaging into a trade should be almost expected especially on small accounts were draw down is so minimal. This is just another backdoor to ensure traders failure. People... trade your own money if you know what you're doing.
They relaxed this rule recently, they are allowing one more entry to "average down", the rest of the rules still need to apply though, so you can't average down if the trade went 1:3 against you or put in massive size on your average down to make up for the drawdown.
Apex is big scam with all these rules, even professional traders would loose their money with all these rules, especially the dca rule that Apex calls gamble. Does anyone of you know where can we report this scam business to the commission ?
250k account for 16 bucks ??? Do you have another apex website than i do?? Even the cheapest 25k account is 30 bucks a month (withouth activation fee) 🤔🤔🤔
Im just confused because I use an ATM that auto trails and many times I move it back to break even or a lower profit because it trails too close. I dont know if they will take note of me moving a stop down
Any one know that why take so long to got approve payout from APEX, i submit the request by June 15 more than one week already still pending. last time i got 10 day pending finally got denied the reason is DCA. What is DCA, just one more reason for reject payout. i am worry about this time may be they give same reason DCA. If APEX trade the people like this may be i need change firm no time to deal with them for this tricking demanding. may be even APEX not understanding what is DCA Just find some reason to reject payout hope everyone happy and make money and no headache for payout
So with my trading strategy, I always place a stop but now all the time I place a TP. And even when I do place one, a lot of the times I don’t let price get to it. I seek to get 5-10 handles even though my TP might be a 50 handles gain. Will this hinder me from getting payouts based on there rules now?
An actual trader, someone that cares to be a good consistent trader. Someone who puts in the work, does not care about those rules because they are not gamblers. The people upset about the rules are upset because they are not traders. They are gamblers. They are going to blow the accounts anyway.
The problem is there are virtually no traders in retail trading game. You are a gambler and I am a gambler. And this channel's author is a gambler too. You're just not aware of that fact, because you are not aware of the math that makes you a gambler. That's okay, but just don't fool yourself.
@@rysiokowalski7194 We are not all gamblers. There are people who understand the math, emotions, risk and compounding. That's why there are successful traders and there are gamblers. They are not the same.
@@forrestforce Every gambler says that. You can trade your account for hundreds of thousands of years - you are still a gambler. And if you are not, what math model you use to calculate risk and ensure that you know what you are doing? Is your edge quantitative or are you just playing with discretionary bs?
Only reason i take APEX is that it is 90% OFF. Otherwise i would NEVER touch that firm, like maybe 99% of people. If i take a personal account at a broker, i can do whatever i want with it. There is a tone of firms where you can do whatever you want, like fundednext, and they are solid. APEX just has rules over rules to screw you up, you have to be very very smart and know them all. DONT TRADE APEX BEFORE KNOWING ALL THE RULES, YOU MIGHT BE VERY SURPRISED.
Yes, its all about placing land mines so you will eventually step on 1. Way better off trading your own funds. No stupid games so Daryl can keep his fat ass ...fat
I’m on a live apex account and was in a sell and instead of a buy stop I had put a sell stop and not realised, doubling my position i quickly realised and closed both I didn’t gain extra profit but I have been exclusively using 1 contract on all my trades now this will be 2 technically although they was separate entries is this something I should be worried about when getting a payout do you think ? Thanks (I’ve tried their discord not getting a response)
Can't even hold a 1:2rr with Apex!! Plus they make you trade for 10 days before payout request, which means for those who only trade A+ setups it would take them months to get paid. Nothing with Apex works in the trader's favor, it's a money making machine for the owners!
Then maybe your strategy isn’t good for Apex rules? They don’t have to accommodate for anything, you want to trade with your own rules? Get your own capital. Simple
I for one, am happy with these new rules. Seems like it's doing a very good job filtering a lot of these gamblers as you can see in the comments. They want a want a R:R of 1:3? No averaging down? If you are a legit trader like you said these rules should not even affect you. Hope these gamblers go gamble in other platforms, because as a trader who finds a lot of value in APEX, I want APEX to succeed, so us legitimate traders can also benefit from their success.
1:3 might be difficult for scalpers. I have a 1:3/1:4 and I am holding for a larger move usually and also because my stop is where my thesis on the trade breaks rather than an arbitrary level. But yeah, I've never DCA'ed down. We are traders, not investors after all.
lol all these rules are designed to limit payouts. Don’t tell me u believe they want consistent traders 🤣🤣🤣🤣 we just gotta deal with it and get our payout
so a 250 k account pays out 3k but you can request two payouts a month. so if you were actually trading every day you could qualify for 120 k a month off those 20 250 k accounts just putting that out there
Yea but just speaking from experience, assuming 25 tradable days in a month you probably have 10 good sessions worth trading. Going for 1 payout a month is a better target. Of course yea maybe you hit a good streak but trading every day shouldn't even be a goal to be honest
The reverse P/L trade is a scalping trade . Your stop should never be hit . It’s there just in case the market crashes . A scalper must have a 80 percent win rate bc that 4 point loss will get hit occasionally.
How I am supposed to pass the 250k challengue if the max loss moves with my profit, I cant have a flotating trade because i get fucked up from their trailing stop loss?
Great video. I’ve bombed numerous accounts and have now extended my time horizon by trading small but consistent. A $100 trade is nothing to scoff at. Also, there is this ridiculous TH-cam trader in Florida (yes you, paper trader PW) who consistently demonstrates what NOT to do as he blew all of his 20 Apex PA’s last week with his persistent greed. He does this all the time. And yeah, SMB Capital would NEVER employ a rogue trader. You get canned just for having your cell phone in view during trading hours. Anyway, rules are in place for a reason and I see nothing wrong with a prop firm enforcing them if your trading is random and questionable.
Yep, if you want to grow a personal account you will eventually need REAL trading strategies and that's where a lot of these trading entertainers fall short.
So not only do you have to pass their evaluation and get pass profit goal +$100 to minimize risk of your account getting blown to trailing drawdown, you have to get 4 MONTHS of payouts to eliminate the 30% consistency rule and have uncapped profits. 4 months of not breaking their many rules and being at risk of losing your account and having to start over
I really am intrigued by your videos. I went to the page for the Discord, but is that the same as the training? The training salespage said we could learn to pass evals in a month. I’m asking about the difference between the discord and the training (if in fact these are two different things) because most discords are just people talking, experienced people, mainly about things I know nothing about yet. Is there a ‘start here’ type of thing for training and/or a progression of steps so I can learn for real how to trade for real, like you do? Or is the learning more about the listening to you guys trading live?
Hey! Checkout my day trading 101 playlist to get started. The discord is where we live trade and answer questions. It is honestly the best way to learn as you can see how we do it for real. That being said I am working on a structured course I’ll release soon :) thanks for watching and welcome to the channel!!
@@forrestforce Thanks for responding! I will definitely check it out. I am embarrassed to say but I am so new and I honestly don’t know why I take a trade. You seem to have very clearly defined reasons of why to take a trade and that’s what I want to learn. Do you describe these things in your discord? I suppose they are fundamental things. I hear people talking about things like VWAP and pivot points and I just don’t understand. Some of the courses out there are so pricey that it is a barrier to entry, and one never knows if they will get the real skinny or not. You seem to know what you are talking about and my aim is to achieve your results, or something close to it. In the immediate future I want to learn how to pass the prop evaluations so that I can use PA accounts to make some consistent income. Can you help me? I’m going to go through the vids you suggested, but do you think I as a beginner am ready for your discord group?
@@ilovemusicsomuch I would say watch the videos in that playlist first then checkout the free trial. To answer your other question yes, we will break everything down into as much detail as required. The only thing I require of people learning is to take it seriously and do your own homework ( such as watching the videos I creatred covering specific topics). Learning the fundamentals takes time but isn't hard - most traders fail purely because of ego.
@@forrestforce I will do as you advised. And thanks again, so much! Trading is like another language to learn, and a bit intimidating. But you have inspired me tremendously!!
The DCA rule is trash. Let traders trade. DCA using Micro contracts with the right set-up can reap huge gains. You should be allowed to add/scale at least twice after initial entry.
DCA should never be a part of your trading strategy, period. In almost any situation where you consider DCA you should cut the trade and just wait to re enter
If you have to DCA and its a part of your strategy, Apex is not the prop firm for you to be trading with period. Traders who DCA have a much higher rate of blowing up so not sure why they dont just eat the small loss and look for a better entry.
Hi Forrest, could you or anyone answer my question on payouts? If you are constantly making more than that cap that they set for the first few months, after that period, are you able to withdraw all that excess that you have done from the first few months or do they reset it or something? Also, for payouts, do they automatically calculated how much you can withdraw with all the rules applied like not having one day make up for more than 30% of the payout, etc... I'd hate to request a payout only for it to be denied and having to wait for the next period. Thanks.
Yes, after 3 months you can close it out with whatever profits you have. Don't worry about 30% rule too much, ultimately if you have to wait another pay period that's fine. It's better to focus on being a profitable trader than always trying to min/max any specific period.
@forrestforce thanks for the response and yes I agree. However I do have like this like once a month type of day where it's like I can't lose and have a huge day which was why I asked.
@@ice_kube96This rule isn't as strict as people think. For example if you typically trade 1 mini and make $100 and one day you make $700 that is fine if it is your typical strategy. The people who violate this are those who for example trade 1 mini who make $100 and then randomly trade 10 minis and make $2000. Like why risk so much?
@@Hknasw thank you. That is helpful. Yeah I trade 10 micros at a time because I like to scale out but my stop loss is usually give or take around $100. Also may I ask, if you are using Apex with Rithmic? I logged in once and got things set up but today my RTrader is stuck at "waiting for order connection" and because of this I think my connection on Ninja to Rithmic isn't working either. Wanted to know if this is just me or if there's some outage or something. Please let me know. Thank you!
Im able to ask for a payout on 2 accounts. 2k and 1500 respectively. Im praying i have no troubles. Im a mailman in a small town found trading in december 2023. I stopped trading after 10 days and meeting thresholds so i could get a payout under my belt. Will keep u updated
@@forrestforce thank u sir I kept my trades the same 25-40 tick stop loss with tp of x2 or better using 10 micros on 50k and 5 micros on 25k gonna leave $500 in each and try and repeat. If payout is smooth I will get a few more accounts I don't know how to trade copy on tradingview through tradovate yet but I will figure it out. Ty for response going to break the generational curse of poverty for me and my family in Jesus name 🙏
@@forrestforce Do you know what time they allow requests? I'm est it says the 1-5th but it's not giving me the option to request please and thank you. I've updated my bank info as well sorry to bother just my first one I'm anxious lol
1. They aren't copying trade most likely 2. Even if they were, DCA is a losing strategy, so imagine they put someone that flips into a PA onto a Live account, they copy trade and that trader loses 50k in one day across 20 accounts. This is basically guaranteed to happen by the way if you DCA as a strategy.
@@forrestforce Exactly. If you can make it with a PA account after 3 months of payouts chances are you are not using these gambling strategies the way these gamblers are. They will happily copy you if you are consistent and profitable and actually trading smart. Not risking your entire drawdown in one trade to get rich. People complaining would never do these gambling strategies in their personal account because they know it would bankrupt them
@@forrestforcesame reason using a prop firm minimizing risk. If I make $100 in one account I make them in my other which personal broker firms I can copy trade with?
Follow the rules, pay the trader. If the rules don’t work with your strategy, don’t use them. I’m a higher WR scalper, in and out, and apex works fine for me. Might not for others. That’s the beauty of trading, and the blessing of these firms (until they all go belly up lol)
Payout request made on may 16th, “under review” since may 17th. Just “relaxing” and “breathing” waiting for this request to be approved bc thats what John from Apex said to do in that video they put out last week 🥴
@@gigitrades 2nd this month. First ever was earlier in the month. Got approved in 4 days. They need us all to buy more evals or giving us as much rope as possible to hang ourselves with by trading ourselves out of a payout
Only a rookie risks $400 to make $100. Anyone that does this should not be trading long term and will lose money eventually. I would know because I used to make that rookie mistake years ago
I sort of disagree with your statement. It depends on what you are trading...trading indices are way more aggressive than stocks/forex. You have to have enough in a stop loss for your trade to formalize and work in your favor. If you are trading a CFD and you have $1 lot, it's hard to wait on a trade to go 100 points in your favor, unless you swing trade while you are risking the same, 1:1 for example. Forex trading is different as the spreads are night and day compared to indices...so I can certainly see someone trading $5 lot hoping to go 20 points but understanding it may dip 50 before it reaches your goal. I trade the NAS and I know it very well....I've seen my TP within 1pt and then it went all the way down to my stop...so it's very possible for a trader to risk that...being a rookie has nothing to do with it...
@@ardelldupaty1474 In general it is a bad ratio. Most people who attempt to risk for example $400 to make $100 will end up losing long term. It is not a good habit for most situations and I would strongly advise against trading that way for MOST individuals. It is unnecessary for MOST people. All it takes is a few bad trades to wipe an account if you are not skilled, which a lot of traders are not
That's not true. There's a trader on TH-cam that trades like that and he has almost a million dollars in his personal account. Apex don't want people doing that because alot of people was passing the evaluations fast doing that. The owner called that gaming the system. People would make huge stoplosses and small take profits and pass the evaluations in just one trade. And sense the evaluations are so cheap it was easy for people to do that over and over again.
@@the7figuremaker Who is this trader on TH-cam. I need to see the strategy. I still wouldn't recommend people trade this way. Most people probably couldn't successfully do it
I know right, it's so simple. A lot of people here are some how trying to play devils advocate. For anyone reading this, if you DCA as a go to strategy I already know you are unprofitable.
My Funded Futures is the best cost per account, for their 30k static and expert accounts. The one thing no one talks about in these videos are the activiations feeds. The actual cost of the evaluation is meaningless if you do not factor in the total cost, which in includes an activation fee when you pass. MFF, has the best cost basis because of this. Unless of course, you have no intent on passing and just want to keep doing evaluations on the cheap.
Never passing would be crazy haha but yes I love MFF, great squad. Apex is better if you want to trade multiple accounts, there isn't another firm that has them beat in THAT regard
Would you say that after making a certain profit and going over the trailing threshold (will depend on the account chosen) it is better to take the max payout and just trade your own account. Since after a certain point you are trading house profits (profits you made) and you wouldn't have to follow Apex's rules or pay schedule. The only advantage to staying with Apex would be the leverage which people are likely to overleverage and if they do inconsistently Apex might refuse a payout.
Also that’s only to clear the threshold on PA. I have some accounts well past and my draw down has cushion if i need it. But maybe your RR strategy doesn’t work well with Apex rules.
Trading a negative R:R can still be alright if you winrate increases. I wouldnt get too crazy with it but like risking a negative 1.4 to make 1 is fine. And i think its absolutely absurd to have a hard R:R. Aiming to get a 1:3 everytime and a high being at 2.1 is crazy to me.
I mean there are people on instagram offering to pass your evaluation challenges for a fee, that’s who they’re talking to and the people that buy those services.
The rules were always there people just ignored the videos that they posted when you would get your PA accounts, if anything they relaxed one of the rules, they are allowing you to cost averaging in once, before they zero tolerance for cost averaging in your trades
Apex hasn't changed their rules. The recent announcement was to clarify their rules due to traders not understanding them and blowing accounts by breaking the rules.
It isn't about blowing accounts. These firms make a fortune off of people blowing accounts. What the rule is really for is Apex's bottom line. They are creating these rules to make it less likely that Apex with have to pay larger payouts. They make a rule and tell traders that meet profit goals that they aren't getting paid.
@@ClippersChris You missed the point. You and I agree that from the point of view of Apex that they make their bottom line (partially) from traders blowing accounts and then paying to reset them. But, that has nothing to do with my point. I was speaking in terms of the point of view of traders, who do not like when the rules cause them to blow accounts and then voice complaints about it to Apex. So, Apex thought it necessary to clarify their existing rules to make sure there is no confusion and that their rules WILL be enforced regardless of the complaints. Regarding the consistency rule you brought up (without naming it in your comment) , Apex makes it clear that they do not want inconsistent traders who make money by hitting it big once in a while based on news or an event, while the rest of the time mostly losing in their trades. The consistency rule is to weed this out by letting traders know (in advance in their terms) that if they overshoot the consistency rule on any given day, then that rule is considered broken and a payout will not be issued for the current payout period. That trader still holds the profits in their account and can withdraw those on the following payout period, so long as they don't again break the consistency rule. If a trader doesn't like the consistency rule potentially getting in the way of payouts, then they can freely choose a different prop firm that doesn't have a consistency rule, or just simply use their own personal account to trade where such rules don't apply. But, if you get in the prop game, specifically with Apex, then you have to follow the rules that you agreed to when signing up with them.
@skranz7790 The fact is that these prop firms want failed traders because they are mainly reliant (not partially) on making their money off of failed evals and activation fees from failed PAs. Any talk by them or anyone else stating that these firms are looking for consistent traders is BS. I understand that is what they say but I don't believe them for one second. There was a guest on a podcast I listened to that runs one of these prop firms. He provided actual stats stating that 97% of traders don't ever make it to a payout. So, what Apex is really doing is finding ways to reduce payouts to the remaining 3% of traders by creating an expanding set of rules to deny payouts. With that said, I have no love for these prop firms. They are a completely arrogant bunch who want to act like funding "saviors" to traders but, in reality, make their money off of the psychological nature of humans to take risk due to greed. It's really the greedy funding the greedy. Also, I say funding loosely since it's SIM play money.
Sorry pal but DCA is actually a valid strategy, it's in the books. if you enter NQ long at 1870 and it does a minor liquidity grab to 1865 then we should be able to add another 2 long contracts(AKA DCA). We all future traders know that NQ always does liquidity grab against you before going your way....I heard an expert saying and I quote "Brokers/Firms are scare of Traders who Scale In" or (DCA)....I respect you but this looks like a paid damage control....Maybe I'll use Apex as a paper account, just to practice strategies I guess.
@@ufo2025if your first entry is 2 and you add another 2, there shouldn't be an issue, but if you second entry is 2 and your first is 1 or less(using micros) then you'll probably get flagged, I think the relaxing of the rule is quite reasonable
And the SIM platforms are designed to eat your stop (no matter where it is see it happen everyday) then reverse. I usually put 3 orders on at different levels to accommodate for that SIM scheisterism....
There are traders that exist they have 3:1 risk:reward scalping strategies and they are profitable. All you need is a positive trader's equation.. You can't talk about risk and reward without probability. If it is a high probability trade say 60-70% probable to win then you need at least a 70% win rate to breakeven. So traders that can win above that can make money.
I think Apex made that rule against that because a lot of traders was making huge stoplosses and passing the evaluations in just one trade. And when you got a bunch of people doing that and they copy trade 20 50k accounts at a time Apex will lose a ton of money. Yeah, it don't make sense to wrisk 150 to make 50 but they was only doing that to pass the evaluations fast. They didn't trade like that on the funded accounts.
3:1 risk to reward is a terrible strategy especially in this market. There is ZERO chance anyone using that strategy makes meaningful amounts of money. Full stop. Take Apex out of the equation entirely, it's just straight up bad trading.
@@forrestforce I would disagree, there are thousands of different ways to make money trading. I have been using a negative RR 3:1 and have been profitable and have gotten several payouts with blowing accounts
It’s very easy to make $150 a day . I make 1k a day trading 10 contracts . And I trade one 15 min candle . Wait for perfect targets , I never over trade and I set my profit stop at 9 ticks . And I’m happy with that.. people think they have to trade all day is funny . You can literally trade one candle and make $150 in a second. Just by understanding candles
Apex wouldn’t pay out my pa account or answer an email for 24 days when they finally did they removed my account. TH-camrs only promote these things scam services because they get paid to do so and it’s the only way they can make money in market as failed traders
Heres a thiught guys. If u think u are a good trader. Save up 25k. Shoukdnt be too hard fr. And sell.some things off and simoly just use your own money. Dont use apex or anyother platforms until they realize the community literally fed up with how they run the shit. LET US TRADE!!!!!!
This guy sounds like a parrot. Any TH-camr that receives referral money from apex is a shill. Apex rules are apex rules and we will respect them. But this video reeks of bias.
Why are you referring apex when lots of people are not getting paid. Do better research. Maybe they are paying you only because your affiliate them and you are a influencer.
@@forrestforce Rules? Get serious! Those are excuses not rules. How are those rules measured? I’m a profitable trader as I’m funded with top step but this Apex smells like crap. You’re shady and trick your own subscribers into their BS! Those rules wouldn’t apply to you only because your recommendations on TH-cam. That’s sad
The people that are complaining are the degenerate gamblers that are constantly blowing up accounts. They oversize and DCA in losers, if you dont like their rules go trade with another firm or trade your own capital and see how that works out for you. Too much greed and wreckless trading esp when it is cheap to open an account. If you trade small and manage risk and follow the rules you got a good opportunity to make good money with Apex.
You’ll who complain about apex. Think about this would you set rules if you were funding accounts to traders, wouldn’t you want consistent profits, established good relationships
why care! why are they trying to regulate our stops? they are still extremely profitable and I don't like when propfirms keep adding new rules when the rules they already have is for us to fail
I was good my first 3 months and now I’ve been denied consistently. I asked why they said scaling in. I’ve been making consistently 100-200 a day and one contract at a time. Rarely have scaled in. Still denied . Like come on, after I got denied for 24k May 20th,2024 payout period you knowwww I wasn’t playing any games. Kept a tight stop loss. Still made it to pay out again and got denied consistently . 0 dollars this whole month
@@forrestforce right on one of my payout request I understand. But after that it’s been 3 multiple accounts and there’s no way I’m breaking the rule. I’m doing 1 contract at a time , simple as that
imagine saying youtubes are breaking down the metrics to pass an make money and that makes APEX upset lol. wouldn't you be happy traders are making you money? but no. they want you to fail. they are a scam in that nature. they don't want you to succeed. so for me I noticed how bad of a company they are. yeah they got me because the deals seem so sweet.
@@forrestforce absolutely. Anybody who is NOT doing a proper 3-4R system you WILL fail. You can only increase size with consistency , and with size you need to grow accounts with less max payouts. It’s just math.
Thats BS stop affiliating them. Those rules are pretty much saying they don’t want to pay. Changing strategies? What’s the correct strategy for then? Fck I got Apex because of your recommendation and now I regret it. Open the account three days ago and I’m up $2500 on a 75k account no losing days. Still think it’s a funding account that tries to find an excuse not to pay once funded. You are doing your subscribers wrong!!!
Sigh, look broski you can do what you want, I have links to My Fundrd Futures and Purdia as well. Telling people to follow the rules that have always existed, and that don’t stop normal traders from traders, isn’t a problem. Join the discord and learn how to trade for real. I don’t consider it my job to do what YOU want. I made this channel to teach people how to trade for real.
@@forrestforce Sorry and I apologize. I jump the gun there and wanted to get back at you. After doing more research I feel more comfortable and have nothing to worry about. Maybe you can show the spreed sheet of payouts to your viewers. This will also show that the amount of payout only decreased slightly. Once again I apologize and will be joining your discord as you are a great influencer. Let me know if you would like me to delete my previous comment. I will gladly do it if you wish.
I think you brought up a really good point. You can run 20 accounts. Trading small with micros and just hitting $150 a day....well that is 3k a day. Even with the first 3 months capped thats 60k a month. That is ridiculous money from obeying the rules and making $150 a day. You may not be green everyday but thats an average. They are offering a huge opportunity to people to make really good income by caring about being a good consistent trader.
💯
And that’s less than 10 points on minis. If you can’t average that out, as many have stated, probably need to get back to paper/find a new hustle
Exactly, everyone is so focused on making 20k a day but, you can't even take that out so what's the point.
@@forrestforce seriously. $150 a day is like over 800k a year and you can do that working 1 hour a day. That's just an insane opportunity
@@mikkuga1 your maths ain't mathing on 1 account it would be about 50k on 30, 1.5m+
Excellent video but I still have one question/issue not covered. Because apex takes a while to approve a payout I need to keep trading to meet the min 10 days for the trading cycle. What happens if -on a 50k PA - I dip below 52600 before the approval? Support told me it’s a “grey area.” Any thoughts on this? Thank you !
I think their response already speaks volumes...😅🥲
Hi, Tanx for the video!
Is there a limit on trading days in the PA account ?
like do i have to get the target in 30 days ? Something like that ?
Thanks for the breakdown, I agree, the rules make me approach my trading more logically. I have my first PA for a week, and I appreciate the knowledge you provide in your videos.
Love that! Thanks for taking the time to watch!
Preciate you bro….needed that clarity.
The balance of “bro” + professionalism in your content is next to none!
You’re a “Brofessional” 😂
That was corny af! Keep doing your thing sir.🤝
TOPSTEP is design for Traders to Win. I’m sure others could agree.
Topstep is another great platform!
@@dillocap tbh when you payout 25k using same strategy and are consistent u really become professional trader.... Unless you gamble that 25k and with topstep you may gamble as they don't have consistency rule like apex and new bs rules that just allows them to stop your withdrawal. apex ceo is just being mental lately
@zz-eu8yb look at their payout structure, no need 10trading days plus minimum account balance and no consistency rule then you might understand
@zz-eu8ybso after getting paid out 25k they make your account actually live? Instead of simulated profits. So You can still get payouts right?
For beginners* Apex is better for more advanced traders
People. Pay close attention starting at 3:15 in the video. Trade a challenge account or PA as your money. As a real account. Great point and it's true there a many youtubers doing exactly what you said.
Yep! Thanks for watching
The scaling rule prohibits gambling for gamblers. But also, it makes it impossible for experienced traders to get better and also safer entries. Please ask professional traders. It is not rational to put all chips on the table at the same time or being limited to take a great set-up because of this gambler-rule. Then your timing must be perfect but it is impossible be quicker than algos who neither entry everything at the same tick..
Average into winners. If you are concerned with Algo’s your timeframe is too small
Facts Marcelo
@@nhactinhchonloc9243 I've been paid just fine my friend. If you are DCA'ing into trades it's because you aren't a good trader.
Join the discord and learn how to trade for real :)
Apex has more rules than anyone can remember while trading. It’s garbage. The trailing drawdown is a losers scheme. My funded futures #1
Excellent info and video.....as usual 👌
Thanks for the support!
There are a few issues with APEX not allowing traders to add to their trades while the trade goes against them. This unfavorable move on a trade can be temporary and the trader might be fully aware of it and it order to avoid their draw down limit they have to increase leverage. Taking that away it's setting everyone up for failure as we all know perfect entries exist in the books not on live markets. We all know NQ has wide moves so averaging into a trade should be almost expected especially on small accounts were draw down is so minimal. This is just another backdoor to ensure traders failure.
People... trade your own money if you know what you're doing.
They relaxed this rule recently, they are allowing one more entry to "average down", the rest of the rules still need to apply though, so you can't average down if the trade went 1:3 against you or put in massive size on your average down to make up for the drawdown.
I literally NEVER average down on a trade, it just isn't a winning strategy
Apex is big scam with all these rules, even professional traders would loose their money with all these rules, especially the dca rule that Apex calls gamble. Does anyone of you know where can we report this scam business to the commission ?
@@Tailong No, they are not relaxing the rule... i had my payout not allowed cause of this.... is how i operate..... impossible to operate this way!!
perfect!!!! they had ban martingale
250k account for 16 bucks ??? Do you have another apex website than i do?? Even the cheapest 25k account is 30 bucks a month (withouth activation fee) 🤔🤔🤔
@@Robeasy83 wait for another sale my brother!
Im just confused because I use an ATM that auto trails and many times I move it back to break even or a lower profit because it trails too close. I dont know if they will take note of me moving a stop down
Any one know that why take so long to got approve payout from APEX, i submit the request by June 15 more than one week already still pending. last time i got 10 day pending finally got denied the reason is DCA. What is DCA, just one more reason for reject payout. i am worry about this time may be they give same reason DCA. If APEX trade the people like this may be i need change firm no time to deal with them for this tricking demanding. may be even APEX not understanding what is DCA Just find some reason to reject payout hope everyone happy and make money and no headache for payout
Bro did You get the payout?
What does it mean when you say you’re capped on payouts for 3months?
For the first 3 months the max you can withdraw is 2k
@@Legendofzediaper account or in total regardless?
So with my trading strategy, I always place a stop but now all the time I place a TP. And even when I do place one, a lot of the times I don’t let price get to it. I seek to get 5-10 handles even though my TP might be a 50 handles gain. Will this hinder me from getting payouts based on there rules now?
Just go for the full 50 point move. There is zero reasons to trade a ticker with a 300 point range and go for 5 points
Hey so does this mean you shouldn't go in on a trade get out with some profit then repeat?
Hold until your profit target!
An actual trader, someone that cares to be a good consistent trader. Someone who puts in the work, does not care about those rules because they are not gamblers. The people upset about the rules are upset because they are not traders. They are gamblers. They are going to blow the accounts anyway.
Nothing but facts was written
The problem is there are virtually no traders in retail trading game. You are a gambler and I am a gambler. And this channel's author is a gambler too. You're just not aware of that fact, because you are not aware of the math that makes you a gambler. That's okay, but just don't fool yourself.
@@rysiokowalski7194 We are not all gamblers. There are people who understand the math, emotions, risk and compounding. That's why there are successful traders and there are gamblers. They are not the same.
@@rysiokowalski7194 I am not a gambler 🤣 speak for yourself. I’ve been trading my own account for years
@@forrestforce Every gambler says that. You can trade your account for hundreds of thousands of years - you are still a gambler. And if you are not, what math model you use to calculate risk and ensure that you know what you are doing? Is your edge quantitative or are you just playing with discretionary bs?
Thank you for this thorough explanation and I think your pints were 💯. A 1:3 win to loss reward is crazy but that’s definitely really lenient.
Glad it was helpful, and thanks for watching!
I never risk more than what I can win. I can't believe people actually risk more than their reward.
@@forrestforce Great content as always
@@Hknasw Yes 💯 I’ve always been taught to stick to a 1:1 or 2:1. The other way is pure gambling.
Only reason i take APEX is that it is 90% OFF. Otherwise i would NEVER touch that firm, like maybe 99% of people. If i take a personal account at a broker, i can do whatever i want with it. There is a tone of firms where you can do whatever you want, like fundednext, and they are solid. APEX just has rules over rules to screw you up, you have to be very very smart and know them all.
DONT TRADE APEX BEFORE KNOWING ALL THE RULES, YOU MIGHT BE VERY SURPRISED.
Yes, its all about placing land mines so you will eventually step on 1. Way better off trading your own funds. No stupid games so Daryl can keep his fat ass ...fat
Please what's PA ? And what's the difference between PA, Funded Account and Live account?
@@DmentorIsmail PA =funded account.
No one goes live on Apex from what I’ve seen so far
Can anyone offer a review of Forest's paid live trading?
There is a 7 day free trial, come check us out for yourself!
@@forrestforce Thanks Forrest - Will do👍
Do you know if apex would allow hedging?
You can't strangle the market if that is what you are referring to
Today i fall to 49k and i bought more and went back to 50.5 k , will they refuse to pay when i get to 52k?
If they refuse to pay eventually. They should say it at first. Not in the end.
I’m on a live apex account and was in a sell and instead of a buy stop I had put a sell stop and not realised, doubling my position i quickly realised and closed both I didn’t gain extra profit but I have been exclusively using 1 contract on all my trades now this will be 2 technically although they was separate entries is this something I should be worried about when getting a payout do you think ? Thanks (I’ve tried their discord not getting a response)
How long does your coupon code last?? Is it indefinite??
Can't even hold a 1:2rr with Apex!! Plus they make you trade for 10 days before payout request, which means for those who only trade A+ setups it would take them months to get paid. Nothing with Apex works in the trader's favor, it's a money making machine for the owners!
Yup bingo
That is wrong you can hold your winners as long as they are winners they won't say anything
Then maybe your strategy isn’t good for Apex rules? They don’t have to accommodate for anything, you want to trade with your own rules? Get your own capital. Simple
@@Dg_Daddio they’re a scam. Just wait. Ponzi is on its last leg
@@Dg_Daddio u trippin, it's not even your money or your capital why u mad 😅😅😅😅🤪🤪🤪🤪
Lots of people are complaining about payments being under review for a long time
That's because they are paying out over 100m a month
@@forrestforce scam. I took my money from them and I’m out. Y’all are morons
Ok makes sense
I for one, am happy with these new rules. Seems like it's doing a very good job filtering a lot of these gamblers as you can see in the comments. They want a want a R:R of 1:3? No averaging down? If you are a legit trader like you said these rules should not even affect you. Hope these gamblers go gamble in other platforms, because as a trader who finds a lot of value in APEX, I want APEX to succeed, so us legitimate traders can also benefit from their success.
Yeah but these people just complain I like how they let you let your winners run lol
I totally agree with you!
1:3 might be difficult for scalpers. I have a 1:3/1:4 and I am holding for a larger move usually and also because my stop is where my thesis on the trade breaks rather than an arbitrary level. But yeah, I've never DCA'ed down. We are traders, not investors after all.
lol all these rules are designed to limit payouts. Don’t tell me u believe they want consistent traders 🤣🤣🤣🤣 we just gotta deal with it and get our payout
Yep, I literally don't pay attention to any of the rules haha
so a 250 k account pays out 3k but you can request two payouts a month. so if you were actually trading every day you could qualify for 120 k a month off those 20 250 k accounts just putting that out there
Yea but just speaking from experience, assuming 25 tradable days in a month you probably have 10 good sessions worth trading. Going for 1 payout a month is a better target.
Of course yea maybe you hit a good streak but trading every day shouldn't even be a goal to be honest
can you pass, pay for, and trade 20 250's to payout? they are selling a dream. thats not real life outside of very few elite traders.
The reverse P/L trade is a scalping trade . Your stop should never be hit . It’s there just in case the market crashes . A scalper must have a 80 percent win rate bc that 4 point loss will get hit occasionally.
@@calvinhelms4442 no scalper has an 80 percent win rate 🤣🤣🤣
How I am supposed to pass the 250k challengue if the max loss moves with my profit, I cant have a flotating trade because i get fucked up from their trailing stop loss?
The trailing is 6500 dollars, you;ll be fine if you are trading 1 NQ/ES whatever
He's probably trading with max position lol
@@slyfoxtrades yea 99% of people would do way better if they cut their sizing down 5 times
Great video. I’ve bombed numerous accounts and have now extended my time horizon by trading small but consistent. A $100 trade is nothing to scoff at. Also, there is this ridiculous TH-cam trader in Florida (yes you, paper trader PW) who consistently demonstrates what NOT to do as he blew all of his 20 Apex PA’s last week with his persistent greed. He does this all the time. And yeah, SMB Capital would NEVER employ a rogue trader. You get canned just for having your cell phone in view during trading hours. Anyway, rules are in place for a reason and I see nothing wrong with a prop firm enforcing them if your trading is random and questionable.
Yep, if you want to grow a personal account you will eventually need REAL trading strategies and that's where a lot of these trading entertainers fall short.
So not only do you have to pass their evaluation and get pass profit goal +$100 to minimize risk of your account getting blown to trailing drawdown, you have to get 4 MONTHS of payouts to eliminate the 30% consistency rule and have uncapped profits. 4 months of not breaking their many rules and being at risk of losing your account and having to start over
I really am intrigued by your videos. I went to the page for the Discord, but is that the same as the training? The training salespage said we could learn to pass evals in a month.
I’m asking about the difference between the discord and the training (if in fact these are two different things) because most discords are just people talking, experienced people, mainly about things I know nothing about yet. Is there a ‘start here’ type of thing for training and/or a progression of steps so I can learn for real how to trade for real, like you do? Or is the learning more about the listening to you guys trading live?
Hey! Checkout my day trading 101 playlist to get started. The discord is where we live trade and answer questions. It is honestly the best way to learn as you can see how we do it for real. That being said I am working on a structured course I’ll release soon :) thanks for watching and welcome to the channel!!
@@forrestforce Thanks for responding! I will definitely check it out. I am embarrassed to say but I am so new and I honestly don’t know why I take a trade. You seem to have very clearly defined reasons of why to take a trade and that’s what I want to learn. Do you describe these things in your discord? I suppose they are fundamental things. I hear people talking about things like VWAP and pivot points and I just don’t understand. Some of the courses out there are so pricey that it is a barrier to entry, and one never knows if they will get the real skinny or not. You seem to know what you are talking about and my aim is to achieve your results, or something close to it. In the immediate future I want to learn how to pass the prop evaluations so that I can use PA accounts to make some consistent income. Can you help me?
I’m going to go through the vids you suggested, but do you think I as a beginner am ready for your discord group?
@@ilovemusicsomuch I would say watch the videos in that playlist first then checkout the free trial.
To answer your other question yes, we will break everything down into as much detail as required. The only thing I require of people learning is to take it seriously and do your own homework ( such as watching the videos I creatred covering specific topics).
Learning the fundamentals takes time but isn't hard - most traders fail purely because of ego.
@@forrestforce I will do as you advised. And thanks again, so much! Trading is like another language to learn, and a bit intimidating. But you have inspired me tremendously!!
Does my funded futures allow dca?
Not sure, but they specifically don't allow martingale'ing
The DCA rule is trash. Let traders trade. DCA using Micro contracts with the right set-up can reap huge gains. You should be allowed to add/scale at least twice after initial entry.
DCA should never be a part of your trading strategy, period. In almost any situation where you consider DCA you should cut the trade and just wait to re enter
If you have to DCA and its a part of your strategy, Apex is not the prop firm for you to be trading with period. Traders who DCA have a much higher rate of blowing up so not sure why they dont just eat the small loss and look for a better entry.
All these rules. They claim trade how you want but then setting all these constraints
Hi Forrest, could you or anyone answer my question on payouts? If you are constantly making more than that cap that they set for the first few months, after that period, are you able to withdraw all that excess that you have done from the first few months or do they reset it or something? Also, for payouts, do they automatically calculated how much you can withdraw with all the rules applied like not having one day make up for more than 30% of the payout, etc... I'd hate to request a payout only for it to be denied and having to wait for the next period. Thanks.
Yes, after 3 months you can close it out with whatever profits you have.
Don't worry about 30% rule too much, ultimately if you have to wait another pay period that's fine. It's better to focus on being a profitable trader than always trying to min/max any specific period.
@forrestforce thanks for the response and yes I agree. However I do have like this like once a month type of day where it's like I can't lose and have a huge day which was why I asked.
@@ice_kube96This rule isn't as strict as people think. For example if you typically trade 1 mini and make $100 and one day you make $700 that is fine if it is your typical strategy. The people who violate this are those who for example trade 1 mini who make $100 and then randomly trade 10 minis and make $2000. Like why risk so much?
@@Hknasw thank you. That is helpful. Yeah I trade 10 micros at a time because I like to scale out but my stop loss is usually give or take around $100.
Also may I ask, if you are using Apex with Rithmic? I logged in once and got things set up but today my RTrader is stuck at "waiting for order connection" and because of this I think my connection on Ninja to Rithmic isn't working either. Wanted to know if this is just me or if there's some outage or something. Please let me know. Thank you!
They've always had this rule they just never enforced it until now
Yep!
Im able to ask for a payout on 2 accounts. 2k and 1500 respectively. Im praying i have no troubles. Im a mailman in a small town found trading in december 2023. I stopped trading after 10 days and meeting thresholds so i could get a payout under my belt. Will keep u updated
You'll be fine if you didn't break any rules, I got paid just fine.
@@forrestforce thank u sir I kept my trades the same 25-40 tick stop loss with tp of x2 or better using 10 micros on 50k and 5 micros on 25k gonna leave $500 in each and try and repeat. If payout is smooth I will get a few more accounts I don't know how to trade copy on tradingview through tradovate yet but I will figure it out. Ty for response going to break the generational curse of poverty for me and my family in Jesus name 🙏
@@forrestforce Do you know what time they allow requests? I'm est it says the 1-5th but it's not giving me the option to request please and thank you. I've updated my bank info as well sorry to bother just my first one I'm anxious lol
If Apex is actually putting the trades into the market why do they CARE if you make a ton of money?
Quasi bucket shop on sim trading.
You just answered your own question
Apex don't mind paying people out but they don't want to make it too easy. That's why they have so many rules.
1. They aren't copying trade most likely
2. Even if they were, DCA is a losing strategy, so imagine they put someone that flips into a PA onto a Live account, they copy trade and that trader loses 50k in one day across 20 accounts. This is basically guaranteed to happen by the way if you DCA as a strategy.
@@forrestforce Exactly. If you can make it with a PA account after 3 months of payouts chances are you are not using these gambling strategies the way these gamblers are. They will happily copy you if you are consistent and profitable and actually trading smart. Not risking your entire drawdown in one trade to get rich. People complaining would never do these gambling strategies in their personal account because they know it would bankrupt them
Do you copy trade personal accounts? Where and how
Yep every day. I use my personal account as my leader account
@@forrestforcehow many personals can you connect? And which platform do you connect them too? I would rather copy trade personals then prop firms
@@djpmixes why would you have multiple personal accounts for futures though? You can connect it to as many as you want
@@forrestforcesame reason using a prop firm minimizing risk. If I make $100 in one account I make them in my other which personal broker firms I can copy trade with?
Can we copy trade rithmic and tradovate account at a time in ninja trader?
yep, just login to your tradovate account on Ninja using the Ninja Login option
Follow the rules, pay the trader. If the rules don’t work with your strategy, don’t use them. I’m a higher WR scalper, in and out, and apex works fine for me. Might not for others. That’s the beauty of trading, and the blessing of these firms (until they all go belly up lol)
Exactly! Some people think it’s a scam just because they can’t trade at all haha
Rules are arbitrary if you ACTUALLY read them. It is a legal Laughing stock how they work around the “rules” lmao
Payout request made on may 16th, “under review” since may 17th. Just “relaxing” and “breathing” waiting for this request to be approved bc thats what John from Apex said to do in that video they put out last week 🥴
Wow
@@gigitrades yeah
Was this your first payout?
@@gigitrades 2nd this month. First ever was earlier in the month. Got approved in 4 days. They need us all to buy more evals or giving us as much rope as possible to hang ourselves with by trading ourselves out of a payout
Sheesh I’m sorry this happened! Do you have just 1 account? I just passed 10
what happens if you do break one of these rules? Do they close your account?
They will cut those trades from your PnL first
@@forrestforcei forgot to put my SL on one of my trade, do i have to worry about this
Only a rookie risks $400 to make $100. Anyone that does this should not be trading long term and will lose money eventually. I would know because I used to make that rookie mistake years ago
I sort of disagree with your statement. It depends on what you are trading...trading indices are way more aggressive than stocks/forex. You have to have enough in a stop loss for your trade to formalize and work in your favor. If you are trading a CFD and you have $1 lot, it's hard to wait on a trade to go 100 points in your favor, unless you swing trade while you are risking the same, 1:1 for example. Forex trading is different as the spreads are night and day compared to indices...so I can certainly see someone trading $5 lot hoping to go 20 points but understanding it may dip 50 before it reaches your goal. I trade the NAS and I know it very well....I've seen my TP within 1pt and then it went all the way down to my stop...so it's very possible for a trader to risk that...being a rookie has nothing to do with it...
@@ardelldupaty1474 In general it is a bad ratio. Most people who attempt to risk for example $400 to make $100 will end up losing long term. It is not a good habit for most situations and I would strongly advise against trading that way for MOST individuals. It is unnecessary for MOST people. All it takes is a few bad trades to wipe an account if you are not skilled, which a lot of traders are not
That's not true. There's a trader on TH-cam that trades like that and he has almost a million dollars in his personal account. Apex don't want people doing that because alot of people was passing the evaluations fast doing that. The owner called that gaming the system. People would make huge stoplosses and small take profits and pass the evaluations in just one trade. And sense the evaluations are so cheap it was easy for people to do that over and over again.
@@the7figuremaker Who is this trader on TH-cam. I need to see the strategy. I still wouldn't recommend people trade this way. Most people probably couldn't successfully do it
I know right, it's so simple. A lot of people here are some how trying to play devils advocate. For anyone reading this, if you DCA as a go to strategy I already know you are unprofitable.
My Funded Futures is the best cost per account, for their 30k static and expert accounts. The one thing no one talks about in these videos are the activiations feeds. The actual cost of the evaluation is meaningless if you do not factor in the total cost, which in includes an activation fee when you pass. MFF, has the best cost basis because of this. Unless of course, you have no intent on passing and just want to keep doing evaluations on the cheap.
Never passing would be crazy haha but yes I love MFF, great squad. Apex is better if you want to trade multiple accounts, there isn't another firm that has them beat in THAT regard
Thank you
You are welcome
Would you say that after making a certain profit and going over the trailing threshold (will depend on the account chosen) it is better to take the max payout and just trade your own account. Since after a certain point you are trading house profits (profits you made) and you wouldn't have to follow Apex's rules or pay schedule. The only advantage to staying with Apex would be the leverage which people are likely to overleverage and if they do inconsistently Apex might refuse a payout.
Thanks for watching! Trading your own account should be everyone’s end goal
@@dillocap I agree. If you use it correctly you are paying for an education with experience in a way with potential to make profit
What they want is not best traders but less successfull traders. Higher RR trades makes you lose the account because the trailing drowdawn rule.
Only if you over leverage. Trade small leverage and you can go for big hits just fine :)
Also that’s only to clear the threshold on PA. I have some accounts well past and my draw down has cushion if i need it. But maybe your RR strategy doesn’t work well with Apex rules.
Huge respect for these videos sir, your helping us out.
No problem, and thank you for watching!!
Trading a negative R:R can still be alright if you winrate increases. I wouldnt get too crazy with it but like risking a negative 1.4 to make 1 is fine. And i think its absolutely absurd to have a hard R:R. Aiming to get a 1:3 everytime and a high being at 2.1 is crazy to me.
All the best traders that I follow never DCA into losers. They eat the loss and find the next better entry
I mean there are people on instagram offering to pass your evaluation challenges for a fee, that’s who they’re talking to and the people that buy those services.
That's against their TOS anyways
Still under review for my 003 PAs since May 15th
Damn… did your payment eventually clear ?
Update???
@@TraderJoe31415 denied. I encourage everyone to utilize consumer protections
They didn't update their rules. Technically they're just enforcing it
Indeed!
Leaving Apex seems like they looking for something not to pay you. Wasting time trading than get denied. I got 20 PA accounts with them
The rules were always there people just ignored the videos that they posted when you would get your PA accounts, if anything they relaxed one of the rules, they are allowing you to cost averaging in once, before they zero tolerance for cost averaging in your trades
Exactly
Apex did not change any rules.
Apex hasn't changed their rules. The recent announcement was to clarify their rules due to traders not understanding them and blowing accounts by breaking the rules.
It isn't about blowing accounts. These firms make a fortune off of people blowing accounts. What the rule is really for is Apex's bottom line. They are creating these rules to make it less likely that Apex with have to pay larger payouts. They make a rule and tell traders that meet profit goals that they aren't getting paid.
@@ClippersChris You missed the point. You and I agree that from the point of view of Apex that they make their bottom line (partially) from traders blowing accounts and then paying to reset them. But, that has nothing to do with my point.
I was speaking in terms of the point of view of traders, who do not like when the rules cause them to blow accounts and then voice complaints about it to Apex. So, Apex thought it necessary to clarify their existing rules to make sure there is no confusion and that their rules WILL be enforced regardless of the complaints.
Regarding the consistency rule you brought up (without naming it in your comment) , Apex makes it clear that they do not want inconsistent traders who make money by hitting it big once in a while based on news or an event, while the rest of the time mostly losing in their trades. The consistency rule is to weed this out by letting traders know (in advance in their terms) that if they overshoot the consistency rule on any given day, then that rule is considered broken and a payout will not be issued for the current payout period. That trader still holds the profits in their account and can withdraw those on the following payout period, so long as they don't again break the consistency rule.
If a trader doesn't like the consistency rule potentially getting in the way of payouts, then they can freely choose a different prop firm that doesn't have a consistency rule, or just simply use their own personal account to trade where such rules don't apply. But, if you get in the prop game, specifically with Apex, then you have to follow the rules that you agreed to when signing up with them.
@skranz7790 The fact is that these prop firms want failed traders because they are mainly reliant (not partially) on making their money off of failed evals and activation fees from failed PAs. Any talk by them or anyone else stating that these firms are looking for consistent traders is BS. I understand that is what they say but I don't believe them for one second.
There was a guest on a podcast I listened to that runs one of these prop firms. He provided actual stats stating that 97% of traders don't ever make it to a payout. So, what Apex is really doing is finding ways to reduce payouts to the remaining 3% of traders by creating an expanding set of rules to deny payouts.
With that said, I have no love for these prop firms. They are a completely arrogant bunch who want to act like funding "saviors" to traders but, in reality, make their money off of the psychological nature of humans to take risk due to greed. It's really the greedy funding the greedy. Also, I say funding loosely since it's SIM play money.
Sorry pal but DCA is actually a valid strategy, it's in the books. if you enter NQ long at 1870 and it does a minor liquidity grab to 1865 then we should be able to add another 2 long contracts(AKA DCA). We all future traders know that NQ always does liquidity grab against you before going your way....I heard an expert saying and I quote "Brokers/Firms are scare of Traders who Scale In" or (DCA)....I respect you but this looks like a paid damage control....Maybe I'll use Apex as a paper account, just to practice strategies I guess.
Per Apex rules you are allowed to enter one additional position on a trade going against you.
@@jeffhny My strategy is to add 2 additional, if my analysis + momentum strength is still valid.
@@jeffhny btw, I'm getting back to TopStep. It's definitely a better prop firm, one rule and one rule only --> "do not fail your account."
@@ufo2025if your first entry is 2 and you add another 2, there shouldn't be an issue, but if you second entry is 2 and your first is 1 or less(using micros) then you'll probably get flagged, I think the relaxing of the rule is quite reasonable
And the SIM platforms are designed to eat your stop (no matter where it is see it happen everyday) then reverse. I usually put 3 orders on at different levels to accommodate for that SIM scheisterism....
There are traders that exist they have 3:1 risk:reward scalping strategies and they are profitable. All you need is a positive trader's equation.. You can't talk about risk and reward without probability. If it is a high probability trade say 60-70% probable to win then you need at least a 70% win rate to breakeven. So traders that can win above that can make money.
This is exactly how I trade and I make 1-2 trades a day make north of 80%
I think Apex made that rule against that because a lot of traders was making huge stoplosses and passing the evaluations in just one trade. And when you got a bunch of people doing that and they copy trade 20 50k accounts at a time Apex will lose a ton of money. Yeah, it don't make sense to wrisk 150 to make 50 but they was only doing that to pass the evaluations fast. They didn't trade like that on the funded accounts.
@@the7figuremaker wait so do these rules apply to Evals too
3:1 risk to reward is a terrible strategy especially in this market. There is ZERO chance anyone using that strategy makes meaningful amounts of money. Full stop. Take Apex out of the equation entirely, it's just straight up bad trading.
@@forrestforce I would disagree, there are thousands of different ways to make money trading. I have been using a negative RR 3:1 and have been profitable and have gotten several payouts with blowing accounts
I guess the tougher rules will make me a better trader.
It’s very easy to make $150 a day . I make 1k a day trading 10 contracts . And I trade one 15 min candle . Wait for perfect targets , I never over trade and I set my profit stop at 9 ticks . And I’m happy with that.. people think they have to trade all day is funny . You can literally trade one candle and make $150 in a second. Just by understanding candles
They did NOT change their rules but they have the ability to see violaters
Yep, just reminding people of what the rules are
Apex wouldn’t pay out my pa account or answer an email for 24 days when they finally did they removed my account. TH-camrs only promote these things scam services because they get paid to do so and it’s the only way they can make money in market as failed traders
Tom! Welcome back to the channel! Join the discord and maybe you’ll make some money for once, cheers mate!!
@@nhactinhchonloc9243 they aren’t a scam
I say topstep is the best if you dont mind scaling and take profit trader if you dont care for scaling. I am not familiar with myfunded futures
Check them out! They have the best platform, IMO
My funded futures beats all. Staying far away from POS apex
sure lol
@@imgayaf420 where’s your payout? I’ve used them for awhile and they’re clearly having liquidity issues. Keep your head in the same some more POS
I love My Funded Futures! use both. Apex for scaling
Heres a thiught guys. If u think u are a good trader. Save up 25k. Shoukdnt be too hard fr. And sell.some things off and simoly just use your own money. Dont use apex or anyother platforms until they realize the community literally fed up with how they run the shit. LET US TRADE!!!!!!
I mean yea, I've been trading my own account for years haha. Prop firms should only be used as a means to build your own account
This guy sounds like a parrot. Any TH-camr that receives referral money from apex is a shill. Apex rules are apex rules and we will respect them. But this video reeks of bias.
You've discovered my secret plan to present information to people and offer the discounts on things they were already going to buy!
Why are you referring apex when lots of people are not getting paid. Do better research. Maybe they are paying you only because your affiliate them and you are a influencer.
The only people not getting paid broke the rules
So many people upset they can’t flip 16 dollars into 40k without restriction 🤣
@@forrestforce Rules? Get serious! Those are excuses not rules. How are those rules measured? I’m a profitable trader as I’m funded with top step but this Apex smells like crap. You’re shady and trick your own subscribers into their BS! Those rules wouldn’t apply to you only because your recommendations on TH-cam. That’s sad
@@ernestovalenzuela2980apex is perfectly fine, anyone saying otherwise are gamblers or didn’t read the rules
This came because they detected a lot of people doing gambling shit.
Yea, if you treat the market like a casino the house will always win anyways
The people that are complaining are the degenerate gamblers that are constantly blowing up accounts. They oversize and DCA in losers, if you dont like their rules go trade with another firm or trade your own capital and see how that works out for you. Too much greed and wreckless trading esp when it is cheap to open an account. If you trade small and manage risk and follow the rules you got a good opportunity to make good money with Apex.
You’ll who complain about apex. Think about this would you set rules if you were funding accounts to traders, wouldn’t you want consistent profits, established good relationships
seems like 483 people aint unberstand shit
They mad cause they bad
why care! why are they trying to regulate our stops? they are still extremely profitable and I don't like when propfirms keep adding new rules when the rules they already have is for us to fail
Terrible new rules, keep it a buck stop cappin. At the end of the day if you are consistently profitable the strategy shouldn’t matter.
This strategy isn't consistently profitable
@@dillocap that’s exactly when I’m gonna do lmao
Apex had denied me for over 30k of payouts this month. They are scammers
how many rules you break? Ive got 2 payouts back to back lol
@@forrestforce have you been trading with them for over 3 months?
I was good my first 3 months and now I’ve been denied consistently. I asked why they said scaling in. I’ve been making consistently 100-200 a day and one contract at a time. Rarely have scaled in. Still denied . Like come on, after I got denied for 24k May 20th,2024 payout period you knowwww I wasn’t playing any games. Kept a tight stop loss. Still made it to pay out again and got denied consistently . 0 dollars this whole month
@@DonMagixx777 DCA isn't allowed lol, simple as that bro
@@forrestforce right on one of my payout request I understand. But after that it’s been 3 multiple accounts and there’s no way I’m breaking the rule. I’m doing 1 contract at a time , simple as that
imagine saying youtubes are breaking down the metrics to pass an make money and that makes APEX upset lol. wouldn't you be happy traders are making you money? but no. they want you to fail. they are a scam in that nature. they don't want you to succeed. so for me I noticed how bad of a company they are. yeah they got me because the deals seem so sweet.
It’s gambling though, not legit trading
They need eod drawdown
@@forrestforcelife is a gamble
DCA ain't gambling @@forrestforce
Funny how the old 80s video of Jones adding to his SP cash loser losing more than $13M and in 1 day. 🙄 Everyones an expert, eventually…
Stay away from Apex, that is why they had 90% discount and allow you to have 20, once you are in PA, trouble is starting to come, just watch
IM WATCHING
Oh stop it. Plenty of people get payouts on the regular. The ones that know how to trade and know how to follow the rules.
Why is you talking about you and your past experience, while the title could be shot quicker?! Boring
No you
Anybody complaining , cannot trade PROPERLY, for long term survival lmao. Bunch of 1min 6 tick scalpers.
Another word for those people, unprofitable
@@forrestforce absolutely. Anybody who is NOT doing a proper 3-4R system you WILL fail. You can only increase size with consistency , and with size you need to grow accounts with less max payouts. It’s just math.
💯
Aren't you late to the party doing this video only now?
It’s being barely 1 week brother man and like he said nothing changed
Video was earlier than your comment though
lol right, Like I trade every day I'm not sitting in front of my camera fiending to jump on hot topics haha
fake trader
6 figure trader not trade propfirm like all this scam company..
@@ABC-gs3fe sure, thanks for watching :)
This man clearly is a paid for shill 😂😂😂 where’s your shame brother
If they are paying me for this video please show me the account cause I must have missed it 🤣
Thats BS stop affiliating them. Those rules are pretty much saying they don’t want to pay. Changing strategies? What’s the correct strategy for then? Fck I got Apex because of your recommendation and now I regret it. Open the account three days ago and I’m up $2500 on a 75k account no losing days. Still think it’s a funding account that tries to find an excuse not to pay once funded. You are doing your subscribers wrong!!!
Sigh, look broski you can do what you want, I have links to My Fundrd Futures and Purdia as well.
Telling people to follow the rules that have always existed, and that don’t stop normal traders from traders, isn’t a problem.
Join the discord and learn how to trade for real. I don’t consider it my job to do what YOU want. I made this channel to teach people how to trade for real.
@@forrestforce Sorry and I apologize. I jump the gun there and wanted to get back at you. After doing more research I feel more comfortable and have nothing to worry about. Maybe you can show the spreed sheet of payouts to your viewers. This will also show that the amount of payout only decreased slightly. Once again I apologize and will be joining your discord as you are a great influencer. Let me know if you would like me to delete my previous comment. I will gladly do it if you wish.
TH-camrs get 20 PA's and blow it..... *cough P Wieland *cough