My trading diary with apex trader funding

[mason macgregorson]

Pretty interesting. But that day is a trending day. Can he do that regularly, like today? I can only manage to break even today. A typical hard day for my trading way.

not only can he do it but 5 people in his room got funded to day alone; 12 yesterday. Go check it out: https://www.targetstradingpro.com/

 

[Sprout]

Trailing drawdown is like the worst thing they can implement to ensure most traders fail.

Unlike hard drawdown, you're basically have to follow a trailing stop to make sure you don't go beyond the trailing loss from the highest equity point.

So not only you have to make sure your entries, stops are at the right spot, now you have to make sure you take profits have less volatility too! You multiply all your probabilities, you're just going to end up a loser long term with these dumb rules.

You want to know what wil make traders succeed? Remove ALL the rules except for minimum return. Have a longer evaluation period based on # of trades based on style so that proper evaluation can be done.

People get so caught up with speed of funding they don't realize how effed up the rules are for long term trading

It's definitely the house stacking odds in their favor and encourages taking profits too soon.

 

[trader221]

4th trading day (01/20/2023) with the apex trader funding 50K account.
Profit: +129$

Nice weekend

 

[trader221]

Resultats of 01/23/2023 with the apex trader funding 50K account.
Loss: -920$

 

[trader221]

Resultats of 01/24/2023 with the apex trader funding 50K account.
Profit: +458$

 

[trader221]

Resultats of 01/25/2023 with the apex trader funding 50K account.
Loss: -126$

 

[trader221]

Resultats of 01/26/2023 with the apex trader funding 50K account.
Profit: +255$

 

[trader221]

Resultats of 01/27/2023 with the apex trader funding 50K account.
Profit: +154$

 

[trader221]

Resultats of 01/30/2023 with the apex trader funding 50K account.
Loss: -82$

 

[trader221]

Resultats of 01/31/2023 with the apex trader funding 50K account.
Profit: 13$