My trading diary with apex trader funding

Attachments

  • 2023-02-01 21_54_56-Trade Performance - Report.png
    2023-02-01 21_54_56-Trade Performance - Report.png
    62.5 KB · Views: 30
Trailing drawdown is like the worst thing they can implement to ensure most traders fail.
I went through their FAQ and wasn't clear whether the trailing drawdown is reset at the end of the day. Do you start the next day's session from the previous day's closing balance or from the "profit peak"?

Also how much do you need to make in order to get funded?
 
I went through their FAQ and wasn't clear whether the trailing drawdown is reset at the end of the day. Do you start the next day's session from the previous day's closing balance or from the "profit peak"?

Also how much do you need to make in order to get funded?

Not sure if you're just curious or if you're considering them. If it's the latter, just don't. It's pretty much a scam operation.
 
Not sure if you're just curious or if you're considering them. If it's the latter, just don't. It's pretty much a scam operation.
More curious than otherwise. Although I wouldn't participate personally, I'm tempted to hook up my algo and see how it does.
 
More curious than otherwise. Although I wouldn't participate personally, I'm tempted to hook up my algo and see how it does.

With futures it seems to me E2T is the only serious option, but I'm pretty sure it ain't worth your while. Check their drawdown parameters and see if your algorithm could work with that.

The bottomline with all these firms is that they really don't want to fund you. So, it's a bit silly to do business with someone who have that outlook. Of course, they'll pay you if you do yours. They just want to avoid it at all costs.
 
Back
Top