My attempt to earn a funded account with Earn2Trade

[SelfMadeDude]

My trading strategy and mental approach have gotten better.

I had a nice job but am no longer there...trading my own small account and trying to get funded again.

I'll post my stats again shortly.


Hope you've been well my friend!

 

[SelfMadeDude]

My reset billing dispute has not been resolved yet but I am prematurely thanking E2T because I am going to assume that the great customer service that I'm used to in the past will repeat itself.

I will keep you guys updated.

 

[SelfMadeDude]

Decent week. Commissions were about $150.

Maximum position size: 5-7 MES

 

[SelfMadeDude]

Actual evaluation account balance: $151,543

Cumulative summary:

Week summary: Basically broke even due to commissions...

 

[SelfMadeDude]

I give up on trying to trade via "multi-time frame analysis" -- in my heart of hearts, I know that my strategy onset to such an analysis-driven strategy is the holy grail.....but I will admit that even after nearly 20 years, I still lack the trader IQ and trader EQ.

I have spectacular success with 1-timeframe so I need to get back to that.

Back to square 1. With renewed energy. Need to drink tonight to just put today in the past.


Good trading y'all

 

[Big AAPL]

drink up

 

[s trader]

I give up on trying to trade via "multi-time frame analysis" -- in my heart of hearts, I know that my strategy onset to such an analysis-driven strategy is the holy grail.....but I will admit that even after nearly 20 years, I still lack the trader IQ and trader EQ.

I have spectacular success with 1-timeframe so I need to get back to that.

Back to square 1. With renewed energy. Need to drink tonight to just put today in the past.


Good trading y'all

Have you figured out that trading multiple accounts is better than one. Apex has 80 percent off deal and takeprofit has 40 percent off, no fee and 50 percent reserve is yours on day one. More accounts mean more chances instead of putting all your focus on one account then start over on day 1 when it got blown up.

 

[ZTrader888]

Apex has a huge activation fee. If you bought 20 $300,000 accounts, your activation fee would be $6,400. I think Apex will eventually blow up - that's why they offer the 80% off - to get you hooked on the cheap and then screw you over with the activation fee.

 

[s trader]

Apex has a huge activation fee. If you bought 20 $300,000 accounts, your activation fee would be $6,400. I think Apex will eventually blow up - that's why they offer the 80% off - to get you hooked on the cheap and then screw you over with the activation fee.

If you can't handle that many, don't. But with modest assumption 1 account 0f 300000 can earn 4000 a month times that by 20 you have 80000 way more than 6400 cost. I think you are affected by too much fear and not enough greed. Built up slowly and play with the house money that is a better way. In the past i worked at a place for a year where some traders made 5 - 15k a day without any losing day. If those people tried their hand with Apex then you are right Apex would eventually blow up. I just hope to get my share before that happens.

 

[wmwmw]

If you can't handle that many, don't. But with modest assumption 1 account 0f 300000 can earn 4000 a month times that by 20 you have 80000 way more than 6400 cost. I think you are affected by too much fear and not enough greed. Built up slowly and play with the house money that is a better way. In the past i worked at a place for a year where some traders made 5 - 15k a day without any losing day. If those people tried their hand with Apex then you are right Apex would eventually blow up. I just hope to get my share before that happens.

A 300000 account has 7500 drowdown, at 4000 a month, that is 53% profit a month. No one in this world can make this much consistently, and you call this a modest assumption.
Per MFF statistic,new funded traders who reach first profit split is 3/100. That means only 3 out of 100 can make a profit in their first month for
funded account traders.And you are saying 53% a month is pretty easy and a modest assumption?
Also Apex is among the worst prop firms ,5 - 10 times worse than industry average.

Anyone who trades topsteptrader, earn2trade and apex is fooled and scammed by worst prop firms, 5-10times worse than industry average.

Most traders on ET are ignorant on prop firms, very few can understand drawdown , not nominal amount is the fund prop firm give you.
So they can' t correctly evaluate and compare prop firms.