The video you're referring to shows in benzinga the owner of Apex giving cautious advice to the interviewer. He says something like, "Take it easy. We give you an account of $300,000 and 30 mini contracts, but the ideal will be for you to make, for example, a buffer of about $65,000 and then start increasing the contracts." Essentially, he is recommending to the interviewer not to use the entire account and all available contracts at once, but rather to reserve a significant portion as a buffer to guard against losses and gradually increase exposure as they gain more experience and confidence.
Fast Track you don't have to pass the combines, you get paid after 5 days or ten days depending on what profit target you have. The key over 20% of total profits in a single day. $95.00 currently with the discount.
One of the big things that you're still not realizing is the eod drawdown versus the interday trailing w/ Apex. Literally the only advantage that Apex has is the 20 account limit and copy trading, without that It's not even a competition.
As a non-us trader, I prefer CFD firms all fucking day! the business model is changing, they will add maximum profit in funding accounts, and I'm still cool with that! 5% per month with big capital is my goal!
I was bitter at first when sft went under since i was 4% profitable about to pass my eval. Switched over to futures being the US i didnt have a choice. One month later I just got funded for my first time ever after trying for 3 yrs. To your point my goal was to get funded and swing for the fences and get a huge oay iut and leave. With futures my approach is more long term amd seeing i can make alot of money eith just 1:1 and 1:2. Im not attempting 1:10s as it doesnt fit my plan. Futures is the way. blessing in disguise
One of the other mindset shifts is the minimum trades, which leads me to lean toward the larger account size. With the 50k account you still need to take 10 trading days, not 10 trades, but 10 trading days to request a payout.
The way I like to see it is this: Futures prop firms are 2 step challenges masked as a 1 step. Why? Because you can't withdraw until you reach the amount of your available drawdown in profits, so I always see that "profit" as the second phase of the challenge and therefore I don't like to see it as "my money" (and use it as buffer), only the money after that
Exactly! I blew my funded accounts with apex because i could not get through the trailing dd. That don't make any sense. They put layers of pressure on traders just to not pay them.
Except with MFF you can withdraw within your buffer one time and there’s no consistency rule on expert accounts which is why I like them best. If you’re a good trader you can get paid out thousands within two trades off a 120 dollar investment
I have recently started thinking about having a buffer on a few funded accounts once I make enough for a payout and more. But I think doing it on personal accounts will free you from the drawdown limits to compounds more freely.
although I agree with you that Apex is one of the best futures trading firms out there, I have a couple of issues with their business model: first is the unnecessary hurdles to be paid. The required minimum balance (above the dynamic trailing drawdown) combined with minimum trading days, etc. makes it quite difficult, especially for new traders, to get a payout once they are in that phase. Second is the unnecessary 30% consistency rule. They argue that they want consistent traders, not gamblers, but then immediately they offer a one-day to pass promo in the evaluation accounts which is an invitation to take unnecessary risks and gamble just to try to pass in one day.
Well considered post. Apex like MacDonalds is a business with shareholders or owners. It’s designed to make money. Their model is for 95% to fail initially or progressively as rules are updated. Cash cows, designed to make a lot of money quickly. Once they mature they will no doubt evolve their model.
@@mikozaire58 if your profits depend on your customers failing, then your business model is doomed to fail too. but, just like you write, they will evolve. I hope they do. Until then, I'm not touching Apex not even with a 10-ft pole.
Those live traders are partnered with the firm and the firm pay a very good amout to trade their account live. I am not sure, but they may also get free challenges for the promotion of the product.
Its not just that. I recently bought an evaluation for $25k and $250k and took identical risk profile trades, meaning trading minis in the $250k and micros in the $25k account. The trailing threshhold is not handled consistently. The rate at which the TD for the $250k account dropps much faster than the $25k account. After about 6 trades, I have 76% TD left on the $25k account and only 53% TD on the $250k account. Not sure if this is also one of the reasons why many traders gravitate towards the smaller accounts even if it means getting multiple small accounts. Would love to hear your take or if anyone experienced something similar. I have sent an email to Apex about 48hrs ago with my trading log and plots and still awaiting an answer. Thank you for this video.
wat i have learned from future props is that they actually seem to teach good habits and promote trading smart with good risk management also praising good trading
what CFD firms you recommend? is that mean that with CFD firms you do not need to keep buffer and can withdraw% of the profits and start fresh with the same drawdown when I started?
In reality its about business, sure you need to follow rules but this goes everytime you borrow money for your business such shark tank tv show, loans, credit cards etc.
Your revelation is not a difference in CFD V FUTURES Prop Firms. It’s a shift in your perspective from short term gains to long term account management. Many people have prop accounts which they keep in profit as a buffer and then compound their monthly 2-7% profits only taking what they must from the account. Looks like your perspective has matured or you have been surrounding yourself with more intelligent people.
Apex sux. It used to be good, now they find every excuse in the book to not pay, and call anyone who questions them a scammer. Very disrespectful to their traders. Even their survey tells you to defend them against people who bash them.
Yes. That's been my goal since last year. Not that I'm better at spotting when to get in the market and have gotten more patient that is my goal to get multiple prop firm accounts and go for $500-1k/day x15 50k accounts and that is good living. Good video
I blew my apex funded accounts. Their rules on funded accounts make no sense. We still have to get pass the trailing to consider having a payout. They are putting too much pressure on traders, just to not pay.
@@jgsjjdbxJ98272this guy just isn’t that good of a trader and I think is upset because he blew his accounts. Maybe he’ll get over and adjust his trading to fit within the rules of the firm he chooses to use!
I forgot, they want you to trade for 10 freaking days to request a withdrawal!! For people looking to only trade A+ setups, that's gonna be an issue as they will spend a very long time before thinking about a withdrawal. I mean pretty much nothing in the apex model is in the traders favor.
I have a big tip for everyone following this guy, including the creator of this video: don’t think too hard, your might hurt yourself 😂😂😂😂 good luck on your 5% a month on your 100mil account when you hit your 20% profit target on those prop firms 😂 maybe think about how you need to trade well and be able to make a lot of money instead of thinking “I can make x% every day so it’s just common sense I’ll be able to make 50% of a million a month” lol no one is waiting for CFD firms to come back. Forex is garbage. Futures is for adults. Forex is for children.
Yet futures have some forex futures and some crypto futures. Even in the USA to get tax benefits so basiaclly futures is the way to go be cause its like all in one package.
Yes but they should reduce the evaluation cost. If after funded we benefit together then no need to raise prices to 500$ for 100k evaluation. These futures prop firms are regulated and got more funding but sell the evaluation cost to 19$-50$ for a 50k evaluation.
what CFD firms you recommend? is that mean that with CFD firms you do not need to keep buffer and can withdraw% of the profits and start fresh with the same drawdown when I started?
I’ll be following along on your journey! Good luck on the futures side!
@@JaimeGarcia-kx8cs They are at @KimmelUnscripted
The video you're referring to shows in benzinga
the owner of Apex giving cautious advice to the interviewer. He says something like, "Take it easy. We give you an account of $300,000 and 30 mini contracts, but the ideal will be for you to make, for example, a buffer of about $65,000 and then start increasing the contracts." Essentially, he is recommending to the interviewer not to use the entire account and all available contracts at once, but rather to reserve a significant portion as a buffer to guard against losses and gradually increase exposure as they gain more experience and confidence.
Fast Track you don't have to pass the combines, you get paid after 5 days or ten days depending on what profit target you have. The key over 20% of total profits in a single day. $95.00 currently with the discount.
One of the big things that you're still not realizing is the eod drawdown versus the interday trailing w/ Apex. Literally the only advantage that Apex has is the 20 account limit and copy trading, without that It's not even a competition.
Whats a better option pls
As a non-us trader, I prefer CFD firms all fucking day! the business model is changing, they will add maximum profit in funding accounts, and I'm still cool with that! 5% per month with big capital is my goal!
Facts.
100% me too
@nadimimani so what are the examples of cfd firms?
Who tell u they will make this 5 percent u say
@@CzarinaLouaniAndrada FTMO Funding pips alpha capital etc
I was bitter at first when sft went under since i was 4% profitable about to pass my eval. Switched over to futures being the US i didnt have a choice. One month later I just got funded for my first time ever after trying for 3 yrs. To your point my goal was to get funded and swing for the fences and get a huge oay iut and leave. With futures my approach is more long term amd seeing i can make alot of money eith just 1:1 and 1:2. Im not attempting 1:10s as it doesnt fit my plan. Futures is the way. blessing in disguise
Congrats!!
One of the other mindset shifts is the minimum trades, which leads me to lean toward the larger account size. With the 50k account you still need to take 10 trading days, not 10 trades, but 10 trading days to request a payout.
The way I like to see it is this:
Futures prop firms are 2 step challenges masked as a 1 step. Why? Because you can't withdraw until you reach the amount of your available drawdown in profits, so I always see that "profit" as the second phase of the challenge and therefore I don't like to see it as "my money" (and use it as buffer), only the money after that
Exactly! I blew my funded accounts with apex because i could not get through the trailing dd. That don't make any sense. They put layers of pressure on traders just to not pay them.
Except with MFF you can withdraw within your buffer one time and there’s no consistency rule on expert accounts which is why I like them best. If you’re a good trader you can get paid out thousands within two trades off a 120 dollar investment
I have recently started thinking about having a buffer on a few funded accounts once I make enough for a payout and more. But I think doing it on personal accounts will free you from the drawdown limits to compounds more freely.
although I agree with you that Apex is one of the best futures trading firms out there, I have a couple of issues with their business model: first is the unnecessary hurdles to be paid. The required minimum balance (above the dynamic trailing drawdown) combined with minimum trading days, etc. makes it quite difficult, especially for new traders, to get a payout once they are in that phase. Second is the unnecessary 30% consistency rule. They argue that they want consistent traders, not gamblers, but then immediately they offer a one-day to pass promo in the evaluation accounts which is an invitation to take unnecessary risks and gamble just to try to pass in one day.
Well considered post.
Apex like MacDonalds is a business with shareholders or owners. It’s designed to make money. Their model is for 95% to fail initially or progressively as rules are updated. Cash cows, designed to make a lot of money quickly. Once they mature they will no doubt evolve their model.
@@mikozaire58 if your profits depend on your customers failing, then your business model is doomed to fail too. but, just like you write, they will evolve. I hope they do. Until then, I'm not touching Apex not even with a 10-ft pole.
Those live traders are partnered with the firm and the firm pay a very good amout to trade their account live. I am not sure, but they may also get free challenges for the promotion of the product.
Prop firm accounts offer more power and resources thats why i go ahead with prop firms like The5ers.
Its not just that. I recently bought an evaluation for $25k and $250k and took identical risk profile trades, meaning trading minis in the $250k and micros in the $25k account. The trailing threshhold is not handled consistently. The rate at which the TD for the $250k account dropps much faster than the $25k account. After about 6 trades, I have 76% TD left on the $25k account and only 53% TD on the $250k account. Not sure if this is also one of the reasons why many traders gravitate towards the smaller accounts even if it means getting multiple small accounts. Would love to hear your take or if anyone experienced something similar. I have sent an email to Apex about 48hrs ago with my trading log and plots and still awaiting an answer. Thank you for this video.
wat i have learned from future props is that they actually seem to teach good habits and promote trading smart with good risk management also praising good trading
Agreed, TopStep doenst allow the 1 Day pass which is a benefit for people to be honest
Did he say the trailing max dd on Apex actually stops after you lock in your profit?
It's not really a "$50k account", it's $50k worth of Buying Power. It's really a $2500 account.
thanks sherlock
Trailing stop in topstep stops once you reach 2k not 3k in the 50k account.
Does that mean when you have 2k in profit you can theoretically lose 4k before they take away your account?
@@FernandoRamirez-te1vs no if you have 2k in profits the drawdown is set at 50k. If you have 4k in profits, you can lose 4k.
Yet to sww anybody get a payout from any prop firm..
Yeah I was confused about that too. Thanks for the vid.
u cant full margin in futures because they have consistency rules
I mean it should have been a clear sign when majority were using $50k.
7:13 if firms offered security, then a lot more people would be doing that method, but it’s safer to just take money out
Their buffers will one day disappear when the firms close down. Take your money and RUN?
Futures Firms have always been confusing to me but you have shed some light into how they work on this video.
Gotta play by the rules
Love to hear that!
Teaching to be a consistent trader is a benefit to all, weeds out the gamblers. If people want to take this seriously it's a great career.
Trades by Matt is awesome and you are right.... apex and futures is a different way of thinking. Love your videos!!
Very informative Kimmel !
what CFD firms you recommend? is that mean that with CFD firms you do not need to keep buffer and can withdraw% of the profits and start fresh with the same drawdown when I started?
In reality its about business, sure you need to follow rules but this goes everytime you borrow money for your business such shark tank tv show, loans, credit cards etc.
The trailing drawdown also stops trailing at $50,100 once you get to $52,600
Changed the game once I understood this
Your revelation is not a difference in CFD V FUTURES Prop Firms. It’s a shift in your perspective from short term gains to long term account management.
Many people have prop accounts which they keep in profit as a buffer and then compound their monthly 2-7% profits only taking what they must from the account.
Looks like your perspective has matured or you have been surrounding yourself with more intelligent people.
Does your course cover trading futures? or Forex?
fx
and i will add futures later on
would also reccomend alpha futures theyve been on point for me so far
Clearly, this is an ad for Apex, which means it can't be objective.
Apex sux. It used to be good, now they find every excuse in the book to not pay, and call anyone who questions them a scammer. Very disrespectful to their traders. Even their survey tells you to defend them against people who bash them.
Kimmel do you have a 'how to trade futures' video?
As i trade forex and know nothing about futures, contracts etc etc
Cheers
It’s the same as forex just view it as 1 mini contract is the same as 1 lot size
still 5 Eras and alpha capital living in this hard prop time
i like Your videos .. they are like news update on Prop Firms industry :)
🙏
Precision Funding is the best futures prop firm in the industry.
DOES e8 PROP FIRM SUPPORT FUTURES TRADING ?
what camera are you using , its so crispy
Sony a7IV, with an amazing 50mm f1.4 lense G Master (the lense does a lot of the heavy lifting)
Precision funding is the best prop firm in the industry
Plz explain me what is the mean of 150/month for a specific plan like is it mean that I have to pay 150$ every month until I passes the account?
Yes, you pay monthly
Precision Funding is the new best futures prop firm they’re taking down apex
The trailing drawdown stops after $100 of profit on a pa account if I’m not mistaken
lol discounts is your reason? apex is horrid, so many rules to not pay you its crazy use a better one, do your research in the public groups
they don't allow swing trading which a big blow for me
Yeah, I believe no futures firm allows swing trading
@@KimmelTrading that's really sucks i hope they change that rule
Yes. That's been my goal since last year. Not that I'm better at spotting when to get in the market and have gotten more patient that is my goal to get multiple prop firm accounts and go for $500-1k/day x15 50k accounts and that is good living. Good video
Bro not even a US trader he just tryna ride the wave smh
3%-5% Trailling Drawdown is just a scam
Yeah, compared to CFD firms, for sure
within the same prop, why aren't the rules similar/proportional across all account sizes?
Because lower account sizes have lower risk
@@KimmelTrading how so? Some of people are copy trading 20 50k accounts raising the firm's exposure to 1 million
@@steelslingshot Because while 100 try, 99 fail
@@KimmelTrading yes but that applies to all account sizes so the question remains. Seems to be more of a marketing strategy imho
One step accounts also work like that man.... still you don't know much about cfds 😅
YO @KIMMEL WHEN THE NEXT LIVESTREAM? WE MISS YOUR DEEP AND WELL THOUGHT THROUGH INSIGHTS....!
Today? 👀
I blew my apex funded accounts. Their rules on funded accounts make no sense. We still have to get pass the trailing to consider having a payout. They are putting too much pressure on traders, just to not pay.
Ive been trading with apex for 2 years, i have never heard of anyone not getting paid out?
Have multiple accounts and trade them separately
@@jgsjjdbxJ98272this guy just isn’t that good of a trader and I think is upset because he blew his accounts. Maybe he’ll get over and adjust his trading to fit within the rules of the firm he chooses to use!
Trade with precision Funding they’re better
I forgot, they want you to trade for 10 freaking days to request a withdrawal!! For people looking to only trade A+ setups, that's gonna be an issue as they will spend a very long time before thinking about a withdrawal. I mean pretty much nothing in the apex model is in the traders favor.
Seems like Apex funding gave him money to talk good about their firm 🤣🤣
Can you explain this by writing like the previous video on chart
FInally you saw the big picture ;)
;)
Just had to dive deeper
We believe you
🙏🙏
i passed two 50k account on apex booth in 3 days :)
OneUp Trader How is that ?
I have a big tip for everyone following this guy, including the creator of this video: don’t think too hard, your might hurt yourself 😂😂😂😂 good luck on your 5% a month on your 100mil account when you hit your 20% profit target on those prop firms 😂 maybe think about how you need to trade well and be able to make a lot of money instead of thinking “I can make x% every day so it’s just common sense I’ll be able to make 50% of a million a month” lol no one is waiting for CFD firms to come back. Forex is garbage. Futures is for adults. Forex is for children.
Yet futures have some forex futures and some crypto futures. Even in the USA to get tax benefits so basiaclly futures is the way to go be cause its like all in one package.
Thank you!!
Kimmel do you like bring me the horizon? I could have swore I heard you hum sleepwalking, on one of your lives lol
Hahaha, old bring me the horizon was great
@@KimmelTrading bro sempiternal was their best album 🤘I’d be listening to that album when I trade London session lol
What’s maximum loss
APEX is Legit. Rules are simple..
Yeah, I was the problem before
How’d you get the 80% discount, they’re still tryna charge me 167 dollars
Type coupon code pw
@@dheerajchoudhary5138didn’t work??
but LOVE FOREX CFD .
Futures props make us appreciate CFD props so much more hahah
I feel like you didn’t really say shit
Good video. I only clicked the dislike button coz of the 2 15 second ads I couldn't skip... matter of principle.. good content otherwise
Always changing your message 😅😅
That's how life goes
the CFDs firms are the kings
Yes but they should reduce the evaluation cost. If after funded we benefit together then no need to raise prices to 500$ for 100k evaluation.
These futures prop firms are regulated and got more funding but sell the evaluation cost to 19$-50$ for a 50k evaluation.
@@snypertrade i think the price are good its only 0.5% PROFIT on fundedd accnt
I don't really care was the highlight of the video!!
Acabei de abrir o TH-cam thanks tuginha
🙏🙏
#2273
Prop firm accounts offer more power and resources thats why i go ahead with prop firms like The5ers.
what CFD firms you recommend? is that mean that with CFD firms you do not need to keep buffer and can withdraw% of the profits and start fresh with the same drawdown when I started?