Hey Catina! My apologies I had a word on my blocklist that hid your comment. I definitely understand how frustrating it is when people who are gaming the system ruin it for people who are trading properly. With this new rule though, if you're using good risk management, it won't affect you in any way, shape, or form and you'll still get your payouts approved! :)
Good video. Totally agree with you, if you have some risk management this rule really won't apply. Personally I think that in totality Apex 3.0 is beneficial for us traders and certainly more clarity for everyone.
I believe so as well. Now that we're a month or so in, I've seen SO MANY traders admit that following the new rules has improved their trading and they're losing less accounts! The reality is ALOT of prop traders are gambling. I understand risking a higher percentage in a prop acct than you would a personal acct, BUT risking 30% is ridiculous no matter what account you're trading on.
Hey Ruben! My apologies I had a word blocked from my channel and I just fixed it friday. Nope there's no cap in how much profit you can take in a day. Just be sure you don't violate the 30% consistency rule and youre fine!
@ I really appreciate your response KeAmber thank you! I figured out the consistency rule after watching your vid lol. I understand it now thanks again!
Hey Tom! Sorry I had a word blocked on my channel which hid your comment. You can make however much you want in PA. Just be sure you don't violate the 30% consistency rule. This 30% drawdown rule is based on your negative PNL on open trades at any given time.
To clarify from my understanding the 30% rule is not a daily loss limit. It applies to the trade you are in, you cannot go below the 30% of your profit/drawdown when you are in a trade
That's correct. No daily loss limit. Just simply put, your unrealized loss on all open trades at any given time cannot exceed 30% of your profit/drawdown. Which is ALOT of risk anyway lol
@@KeAmberTradesso if my PA account is at 51,500…. I’m in a trade, it goes red $900 but then goes green and I close the trade green… do I break the rule?? And if I do break the rule, the account is not blown? How do I get back in position to earn payout?
Hey good evening. NEW SUB!!! Your was very informative. I just have a very very hard time understanding the 30%. 25K apex PA. Today was my first trading day. $375 was made on a 2:1 RISK TO REWARD SETUP. If focus on continuing to make about the same amount I should be able to have my payout request approved correct? I know It may seem simple but its just not clicking yet. Your response will be appreciated.
Hey Stretch! Welcome to the family! 🥰 yes if you make around the same amount each day, and do not violate any other payout rules, your payout should be approved with no problem! 30% consistency: no 1 day’s profit can be more than 30% of the total profit at the time of the payout approval. Take your highest day and divide by 0.3 to calculate how much profit you need on the account when you request the payout. (Ex: highest day $700 ➡️ $700/0.3 = $2334 is the minimum balance needed to request a payout) 30% negative PNL rule: 1) while your acct balance is BELOW the safety net (below $26,600 on a $25k), your negative PNL on your open trades cannot exceed 30% of the INITIAL drawdown in the account. For a $25k this is $450 ($1500 x 0.3) 2) while your acct balance is ABOVE the safety net (above $26,600 on a $25k), your negative PNL on your open trades cannot exceed 30% of your start of day profit on the acct 3) when your total profit in the acct is 2x your safety net ($3200 profit on the $25k accounts), your negative PNL on your open trades cannot exceed 50% of your start of day profit on the acct. Hopefully that makes sense! FYI I did just publish a new video (15mins long) a few hrs ago going over each rule in detail that may help clear your confusion! ❤️
So I have a question: I risk $250 to make $100. If I take two losses, does that liquidate? Or, because my max loss is $250 as long as I don’t go below the $1500 I’m good? If I take two losses that’s $500 which is below the $450 on the 25k account, but the trades wouldn’t be open to hit the $450, does that make sense?
Hey Dub! Nope the 2 losses won't liquidate. Remember the 30% PNL rule is based on your OPEN trades. Since your open trades will never reach more than $250, you're good to go ;)
did you get the email where apex said this rule is a line in the sand and if you violate it, just keep trading? i presumed its a rule to help traders have better risk management but if violated it won't be a reason for account termination or payout denial. . .theres no clarity on how it is enforced
Apex shapes you as a trader not a gambler. (I didn't get any payout yet from them) But I see what they want, I agree with them But that 30 pnl is no fun at all, cause you can't predict exact direction. And if you have 5-10 contract on nq, it is stupid just to have any stops. With 1-2 contracts it will take forever to make decent money..
so if i have 5k profit 30% is 1500, so my open trade would be max 1500 loss, then if that hits a 1400 loss. does it reset to 30% for the next trade for continue the 1500?
Hey! So once you're past the safety net, the 30% is always based on the start of day profit. So if you started the day with $5k profit, the max drawdown is $1500 at any given time for the rest of the trading day whether you win or lose trades throughout that day.
It's a damn shame that these rules have to be explained in detail, and it's still confusing. Are you saying you can not make or lose more than $750 per day with a 50k account? I'm confused. 🥴 because how can you get above the threshold if you've got to watch P/L so closely?
Nooooo you can make as much as you want. And you can even lose more than $750 per day. However, your OPEN negative PNL cannot be more than $750 while your account balance is below the safety net. Risking 30% of your account balance isn't good risk management whether you're using a prop or a personal account. You don't need to watch your PNL closely, just be sure to use proper contract sizing based on the # of ticks you're risking. If you risk a specific $$$ amount per trade or certain % of available drawdown per trade, you'll never need to monitor your open PNL ever.
Why did we pay to have a certain drawdown parameter and then they go and change it to 30%. 30% of the whole 25k account i agree would be insane, but 30% of 1500 dollars is easy to hit on any day.
But remember a $25k account IS $1500. So it IS 30% "of the whole 25k account". If you are easily hitting 30% of the $1500 on any day, you have to either a) size down because you're clearly overleveraging or b) stop using 25k accounts and get a bigger account size.
@KeAmberTrades True I agree, I know it's truly only a $1500 account but they give you $25000 buying power. You'll be paying for them challenges for 9 months if you're only acting as if you have a 1500 account, because to make the profit target of 1500, (using the same logic) means you're doubling the account. Which is a 100% return. Thats the only reason I don't like it. I personally keep my drawdown to around 100-200 a day. This allows me to be in a position to where it would require 15 trades in a row to blow the account which isn't likely for me, but I still allow for it. I like roughly a $50 risk to make $300. It works well but if one day I thought it was higher probability and I decided to risk $250 and lost, and do that one more time, well now I have hit the 30% rule. I just don't like it. I have a system where I take all my trades and find my biggest string of losses at once and I will take the max drawdown and divide that by that big string of losses. Which tells me how much risk per trade I plan to take. With that plan it's not hard to dig into the 30% rule.
Thank for what you do to help out.... Let's say on a 50k account , I reach the safety net of $2600 and my profit is only $1000.(53600); how would the 30% negative P&L apply?
You're most welcome! So if you reach a $53,600 balance, your profit is $3600 (not $1000). Anything over $50,000 is considered profit. With a $53,600 balance you are above the safety net but not at 2x the safety net. So your 30% will be based on your START of day profit. $3600 x 0.3 = $1080. The total of your open trades should never exceed $1080. Hope this helps!
Hey! So if you're up $1k in a trade, and your profit drops to $700 (losing 30% of the profit), that is NOT a rule violation. The 30% is based on the drawdown ONLY while in any series of trades at any given time. So if you're in 4 trades at one time, the total drawdown between ALL 4 trades cannot exceed 30% at any given time. Hope that helps! :)
Unfortunately, there's a possibility. You just have to request and see. Hopefully since it's a 1x breach in 19 days vs 8 days they will be lenient. Despite John saying 1 breach won't get you denied, it's up to the payout team. Alot of what he says doesn't actually happen. Apex's right hand never knows what the left is doing.
Remember this rule is based on your OPEN trades. If you're just down $800 after closing 2 trades, you're fine. But if those 2 trades were open at the same time and you closed them because your unrealized losses totaled $800, you've broken the rule (if your balance is still within the safety net).
Despite John saying they won't penalize you for breaching the 30% rule just once, it's up to the discrection of the payout team member who is reviewing your account. There is a chance you'll still be denied even with one violation. Just request and take the chance. If you get denied, trade 8 more days and just make $50-100 and not breach any rules and you'll get approved!
If you're up $100 from the safety net, it would be 30% of the total profit which is $2700 at that time. $2700 x 0.3 = $810 -- remember it's based on the start of day profit!
From what you said, its not a 50k account we have but rather a 2,500 account, as the calculations align with that. If you truly had a 50k account, 30% would amount to 15k. This so-called rule should really be called the 1.5% rule. Stop twisting words-people are desperate, and that's how they profit.😂😂
Hey! Sorry I had a word filtered on my channel and it hid your comment. All prop accounts are really the amount of your drawdown. Anyone who treats a $50k like $50,000 is doing themselves a disservice. Because the account really is a $2500 account, it's a 30% rule not a 1.5% rule.
so under the starting drawdown, 2500, i cant go under 750 in a trade? but what if i end the day at -500, so then my dd is 2000, 2nd day: so then i cant go below 600 then (30%dd) of 2k?
Hey! sorry for the super late reply, but for as long as you are below the safety net (2600 on the 50k), you cant go more than $750 negative. It's static at $750 while below the safety net.
they sent an email and said this rule is not concrete or forced it is just a "line in the sand".. now i don't know if that means if the rule is broken.. ex: trader has a 100k account and they lose $2500 on a trade, then trade out of drawdown, make that back and request a pay out they will be denied... i don't think that would be fair based on the "line in the sand" comment; still seems like it needs to be clarified
@@hafizzimohamad5204 i hope not, i have the email that says it is a "line in the sand" and to keep trading if its broken and not to worry. the website mentions up to 50% can be allowed once or twice as an exception i think. a lot of the rules i find lack clarity and it is tough because trading is all probability and no one can predict what the market will do so i think flexibility is important. and if the 30% is so major they should lock traders accounts for the day if it is violated.. traders have different styles as well and not every trader will see the same opportunities so i think having more understanding towards thats is key. but i do understand rules are neccessary but i think more warnings ahead of time are needed and if a trader makes the payout at least give them their payout and warn them of violated rules that have to be fixed before the next payout.. just my 2 cents
yeah honestly I don't like the "line in the sand" stuff. The FAQ states that a rule break here and there won't get your payout denied (except the 30% consistency since it's a hard, set rule). Multiple violations can lead to probation, suspension, payout restrictions, etc depending on the severity and how often it happens. I just say don't break the rules and give them the opportunity to deny you.
It's simple. 30% of initial drawdown while below the safety net 30% of total profit in account while above the safety net 50% of total profit if your profit is 2x the safety net.
Some of the rules are soft breaches, yes but they can still lead to payout denials. The only reason your account will be placed on probation, suspension, etc is if the severity or frequency is high.
it's not about how much you can/cannot make. you can make as much money as you want. you have to make sure you are following the risk parameters/rules.
did you get the email where apex said this rule is a line in the sand and if you violate it, just keep trading? i presumed its a rule to help traders have better risk management but if violated it won't be a reason for account termination or payout denial. . .theres no clarity on how it is enforced
Rules to slow down payouts. 😒 Why do we have to suffer because others learned how to game their old rules. 😡
Hey Catina! My apologies I had a word on my blocklist that hid your comment. I definitely understand how frustrating it is when people who are gaming the system ruin it for people who are trading properly. With this new rule though, if you're using good risk management, it won't affect you in any way, shape, or form and you'll still get your payouts approved! :)
Good video. Totally agree with you, if you have some risk management this rule really won't apply. Personally I think that in totality Apex 3.0 is beneficial for us traders and certainly more clarity for everyone.
I believe so as well. Now that we're a month or so in, I've seen SO MANY traders admit that following the new rules has improved their trading and they're losing less accounts! The reality is ALOT of prop traders are gambling. I understand risking a higher percentage in a prop acct than you would a personal acct, BUT risking 30% is ridiculous no matter what account you're trading on.
Hi KeAmber thanks for the good info. I have a question… I probably misunderstood but is there a cap on how much profit you can take in a day?
Hey Ruben! My apologies I had a word blocked from my channel and I just fixed it friday. Nope there's no cap in how much profit you can take in a day. Just be sure you don't violate the 30% consistency rule and youre fine!
@ I really appreciate your response KeAmber thank you! I figured out the consistency rule after watching your vid lol. I understand it now thanks again!
@@KeAmberTradesOooh. Did Apex get rid of the 1:5 RR Max per trade?
so if im not wrong i can still make how much profit i want in my trades on the pa account? or is there a limit
Hey Tom! Sorry I had a word blocked on my channel which hid your comment. You can make however much you want in PA. Just be sure you don't violate the 30% consistency rule. This 30% drawdown rule is based on your negative PNL on open trades at any given time.
@@KeAmberTradesDid Apex remove the 1:5 Risk to Reward Per Trade Limit?
@heartstrings110 nope it’s still there. It’s 5:1. Can’t risk more than $500 to make $100.
To clarify from my understanding the 30% rule is not a daily loss limit. It applies to the trade you are in, you cannot go below the 30% of your profit/drawdown when you are in a trade
That's correct. No daily loss limit. Just simply put, your unrealized loss on all open trades at any given time cannot exceed 30% of your profit/drawdown. Which is ALOT of risk anyway lol
@@KeAmberTradesso if my PA account is at 51,500…. I’m in a trade, it goes red $900 but then goes green and I close the trade green… do I break the rule?? And if I do break the rule, the account is not blown? How do I get back in position to earn payout?
Hey good evening. NEW SUB!!! Your was very informative. I just have a very very hard time understanding the 30%. 25K apex PA. Today was my first trading day. $375 was made on a 2:1 RISK TO REWARD SETUP. If focus on continuing to make about the same amount I should be able to have my payout request approved correct? I know It may seem simple but its just not clicking yet. Your response will be appreciated.
Hey Stretch! Welcome to the family! 🥰 yes if you make around the same amount each day, and do not violate any other payout rules, your payout should be approved with no problem!
30% consistency: no 1 day’s profit can be more than 30% of the total profit at the time of the payout approval. Take your highest day and divide by 0.3 to calculate how much profit you need on the account when you request the payout. (Ex: highest day $700 ➡️ $700/0.3 = $2334 is the minimum balance needed to request a payout)
30% negative PNL rule:
1) while your acct balance is BELOW the safety net (below $26,600 on a $25k), your negative PNL on your open trades cannot exceed 30% of the INITIAL drawdown in the account. For a $25k this is $450 ($1500 x 0.3)
2) while your acct balance is ABOVE the safety net (above $26,600 on a $25k), your negative PNL on your open trades cannot exceed 30% of your start of day profit on the acct
3) when your total profit in the acct is 2x your safety net ($3200 profit on the $25k accounts), your negative PNL on your open trades cannot exceed 50% of your start of day profit on the acct.
Hopefully that makes sense! FYI I did just publish a new video (15mins long) a few hrs ago going over each rule in detail that may help clear your confusion! ❤️
@@KeAmberTrades Thank you so much. I really really appreciate your feedback and breakdown. 🙏🏽🙏🏽🙏🏽🙏🏽🙏🏽
So I have a question: I risk $250 to make $100. If I take two losses, does that liquidate? Or, because my max loss is $250 as long as I don’t go below the $1500 I’m good? If I take two losses that’s $500 which is below the $450 on the 25k account, but the trades wouldn’t be open to hit the $450, does that make sense?
You're most welcome!
Hey Dub! Nope the 2 losses won't liquidate. Remember the 30% PNL rule is based on your OPEN trades. Since your open trades will never reach more than $250, you're good to go ;)
So a tighter trailing drawdown lol
ehhhh lol I guess I can see why people would say that lol.
This is a terrible rule. I have a lot of trades with more than 30% draw down. If I don't get paid I won't be happy. Either this rule goes or I go.
lol if you this rule impact you, check your risk management because it is really bad lol
did you get the email where apex said this rule is a line in the sand and if you violate it, just keep trading? i presumed its a rule to help traders have better risk management but if violated it won't be a reason for account termination or payout denial. . .theres no clarity on how it is enforced
Why are you risking more than 30% of your account? You do understand that's terrible risk management right? Prop or not...
Apex shapes you as a trader not a gambler. (I didn't get any payout yet from them) But I see what they want, I agree with them But that 30 pnl is no fun at all, cause you can't predict exact direction. And if you have 5-10 contract on nq, it is stupid just to have any stops. With 1-2 contracts it will take forever to make decent money..
so if i have 5k profit 30% is 1500, so my open trade would be max 1500 loss, then if that hits a 1400 loss. does it reset to 30% for the next trade for continue the 1500?
Hey! So once you're past the safety net, the 30% is always based on the start of day profit. So if you started the day with $5k profit, the max drawdown is $1500 at any given time for the rest of the trading day whether you win or lose trades throughout that day.
It's a damn shame that these rules have to be explained in detail, and it's still confusing. Are you saying you can not make or lose more than $750 per day with a 50k account? I'm confused. 🥴 because how can you get above the threshold if you've got to watch P/L so closely?
Nooooo you can make as much as you want. And you can even lose more than $750 per day. However, your OPEN negative PNL cannot be more than $750 while your account balance is below the safety net. Risking 30% of your account balance isn't good risk management whether you're using a prop or a personal account. You don't need to watch your PNL closely, just be sure to use proper contract sizing based on the # of ticks you're risking.
If you risk a specific $$$ amount per trade or certain % of available drawdown per trade, you'll never need to monitor your open PNL ever.
Why did we pay to have a certain drawdown parameter and then they go and change it to 30%. 30% of the whole 25k account i agree would be insane, but 30% of 1500 dollars is easy to hit on any day.
But remember a $25k account IS $1500. So it IS 30% "of the whole 25k account". If you are easily hitting 30% of the $1500 on any day, you have to either a) size down because you're clearly overleveraging or b) stop using 25k accounts and get a bigger account size.
@KeAmberTrades True I agree, I know it's truly only a $1500 account but they give you $25000 buying power.
You'll be paying for them challenges for 9 months if you're only acting as if you have a 1500 account, because to make the profit target of 1500, (using the same logic) means you're doubling the account. Which is a 100% return.
Thats the only reason I don't like it. I personally keep my drawdown to around 100-200 a day. This allows me to be in a position to where it would require 15 trades in a row to blow the account which isn't likely for me, but I still allow for it.
I like roughly a $50 risk to make $300. It works well but if one day I thought it was higher probability and I decided to risk $250 and lost, and do that one more time, well now I have hit the 30% rule.
I just don't like it. I have a system where I take all my trades and find my biggest string of losses at once and I will take the max drawdown and divide that by that big string of losses. Which tells me how much risk per trade I plan to take. With that plan it's not hard to dig into the 30% rule.
This is awesome!!!
Thank youuuu!
Thank for what you do to help out.... Let's say on a 50k account , I reach the safety net of $2600 and my profit is only $1000.(53600); how would the 30% negative P&L apply?
You're most welcome! So if you reach a $53,600 balance, your profit is $3600 (not $1000). Anything over $50,000 is considered profit. With a $53,600 balance you are above the safety net but not at 2x the safety net. So your 30% will be based on your START of day profit. $3600 x 0.3 = $1080. The total of your open trades should never exceed $1080. Hope this helps!
does this apply to open profits in a trade if your up 1k and it drop 30% and back up is that a rule break?
Hey! So if you're up $1k in a trade, and your profit drops to $700 (losing 30% of the profit), that is NOT a rule violation. The 30% is based on the drawdown ONLY while in any series of trades at any given time. So if you're in 4 trades at one time, the total drawdown between ALL 4 trades cannot exceed 30% at any given time. Hope that helps! :)
thanks for clarifying and the math
Happy to helppp!
Will I get denied by 30% drawdown rule if I violated once during a 19 trading day period?
Unfortunately, there's a possibility. You just have to request and see. Hopefully since it's a 1x breach in 19 days vs 8 days they will be lenient. Despite John saying 1 breach won't get you denied, it's up to the payout team. Alot of what he says doesn't actually happen. Apex's right hand never knows what the left is doing.
So if i make 2 trades and am down 800 bucks on my 50k account but make it all back on my 3rd trade with profit is the breaking the rule?
Remember this rule is based on your OPEN trades. If you're just down $800 after closing 2 trades, you're fine. But if those 2 trades were open at the same time and you closed them because your unrealized losses totaled $800, you've broken the rule (if your balance is still within the safety net).
Please explain to me what happens if I go past the 30% for one trade ? Just one trade
Despite John saying they won't penalize you for breaching the 30% rule just once, it's up to the discrection of the payout team member who is reviewing your account. There is a chance you'll still be denied even with one violation. Just request and take the chance. If you get denied, trade 8 more days and just make $50-100 and not breach any rules and you'll get approved!
Does this apply if you are not funded yet? I think yesterday I did have a big 40% drawdown but I didn’t lost the account.
I try to pass quickly
No! These rules are strictly for PAs. You can do whatever you want in eval as long as you don't breach the trailing drawdown.
what if you just 100 up from safety net on 50k account would it still be 750? or 30?
If you're up $100 from the safety net, it would be 30% of the total profit which is $2700 at that time.
$2700 x 0.3 = $810 -- remember it's based on the start of day profit!
From what you said, its not a 50k account we have but rather a 2,500 account, as the calculations align with that. If you truly had a 50k account, 30% would amount to 15k. This so-called rule should really be called the 1.5% rule. Stop twisting words-people are desperate, and that's how they profit.😂😂
Hey! Sorry I had a word filtered on my channel and it hid your comment. All prop accounts are really the amount of your drawdown. Anyone who treats a $50k like $50,000 is doing themselves a disservice. Because the account really is a $2500 account, it's a 30% rule not a 1.5% rule.
Is it on a single trade ?
I think your providing wrong information
yes.
It's your unrealized total PNL on all open trades at any given time.
Can they just let you announce the changes? :)
if only...lol I'm gonna do a 5 min video on Apex rules soon. Simple and to the point! lol
so under the starting drawdown, 2500, i cant go under 750 in a trade? but what if i end the day at -500, so then my dd is 2000, 2nd day: so then i cant go below 600 then (30%dd) of 2k?
Hey! sorry for the super late reply, but for as long as you are below the safety net (2600 on the 50k), you cant go more than $750 negative. It's static at $750 while below the safety net.
they sent an email and said this rule is not concrete or forced it is just a "line in the sand".. now i don't know if that means if the rule is broken.. ex: trader has a 100k account and they lose $2500 on a trade, then trade out of drawdown, make that back and request a pay out they will be denied... i don't think that would be fair based on the "line in the sand" comment; still seems like it needs to be clarified
Bullshit rule I say. What not concrete, they deny payout even if you touch the 30% line even once in your 8days of trading.
@@hafizzimohamad5204 i hope not, i have the email that says it is a "line in the sand" and to keep trading if its broken and not to worry. the website mentions up to 50% can be allowed once or twice as an exception i think. a lot of the rules i find lack clarity and it is tough because trading is all probability and no one can predict what the market will do so i think flexibility is important. and if the 30% is so major they should lock traders accounts for the day if it is violated.. traders have different styles as well and not every trader will see the same opportunities so i think having more understanding towards thats is key. but i do understand rules are neccessary but i think more warnings ahead of time are needed and if a trader makes the payout at least give them their payout and warn them of violated rules that have to be fixed before the next payout.. just my 2 cents
yeah honestly I don't like the "line in the sand" stuff. The FAQ states that a rule break here and there won't get your payout denied (except the 30% consistency since it's a hard, set rule). Multiple violations can lead to probation, suspension, payout restrictions, etc depending on the severity and how often it happens. I just say don't break the rules and give them the opportunity to deny you.
they say it's not a hard breach and won't 100% lead to a denial, but it's best to just not breach it at all not even by $1.
@@KeAmberTrades facts. they don't even tell you why they denied you though
thanks! its not a simple rule ok, what was not simple and misunderstanding was the rule in itself with no simple explanation either
It's simple. 30% of initial drawdown while below the safety net
30% of total profit in account while above the safety net
50% of total profit if your profit is 2x the safety net.
$4500 for the 150K is a mistake on your first list of numbers. Am I right?
yes that is a typo
yes, sorry. Thought I double checked lol
On the first phase slide I'm assuming the 4500 for the 150k is a typo? 😂
Yeah it is lol I was editing the numbers and didn't realize I didn't edit that one lol
Isn't this just a soft brech? I broke that rule a couple of times, and my account has not been disabled.
Some of the rules are soft breaches, yes but they can still lead to payout denials. The only reason your account will be placed on probation, suspension, etc is if the severity or frequency is high.
APEX has some dumb rules.
So with a 50k account I able to make .50% of 2600 or 5.000
you can take trades with $750 stop loss...you will make much more than 5 dollars.
@@hc3550 i dont think its a non explained rule. if ur up 2.5 dont lose 750,if your up 5k dont lose 1.5
it's not about how much you can/cannot make. you can make as much money as you want. you have to make sure you are following the risk parameters/rules.
❤
Welp that’s my last time buying a apex accout
same rfkn bs
why's that? Do you generally risk more than 30% of your available drawdown/profit at any given time?
This drawdown is absolute trash, what's the point of having a 100k account when if you're down -1% then it's game over... What a joke.
😂
don’t look at it from the number of equity look at it from the amount of drawdown you get
did you get the email where apex said this rule is a line in the sand and if you violate it, just keep trading? i presumed its a rule to help traders have better risk management but if violated it won't be a reason for account termination or payout denial. . .theres no clarity on how it is enforced
Agreed
its not a 100k account. the account size is your drawdown, get that straight.