Trading with +$3M in funding

TheLiveTradingChannel said:
How long have you been trading and what's your style of trading?

I prefer to scalp with funding firms accounts, it's easier to manage the trailing drawdown this way, build a cushion (like 1.5x time your max drawdown) and you can then start taking bigger targets.
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Sounds like we have the same approach towards funding firms accounts.
Lately I trade NQ and risk 5pts to make 5 to 10pts. I corner weak pullbacks in strong moves.
Ideally I should ride winners but it's been my 4ever weakness and Apex isn't "Ride Winners" friendly

Mainly because of their open equity high PnL trailing drawdown.
Been trading on and off for 10yrs. First trade was on EUR/USD in 2013

I mainly trade around News @ 8.30ET or RTH open @ 9.30ET

Planned to maintain only 1x the cushion in my account,
But I thought about 1.5x and it's definitely better than 1x only.
Especially since the stop doesn't trail past the DD + 100$ = More leverage.
+ We can only request a withdrawal above the DD + 100$ threshold
And we might not always have profits to withdraw but ...
We could withdraw a bit from the 1.5x cushion.
 
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OP seems trading 18 accounts, a bit too much regardless how good he thinks he is, probably some sim accounts.
 
OP seems trading 18 accounts, a bit too much regardless how good he thinks he is, probably some sim accounts.
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Not difficult if you use a trade copy device.
With an edge the compounding effect is great.
 
i'm still perplexed as to how these "prop firms" can get away with such blatantly false advertising. in any other industry, this shit would be shut down by the regulators.

the "$50k account" is a $2000 account. no offense but you're not going to be "trading with +$3M in funding" as described in your title.
 
canoe said:
i'm still perplexed as to how these "prop firms" can get away with such blatantly false advertising. in any other industry, this shit would be shut down by the regulators.

the "$50k account" is a $2000 account. no offense but you're not going to be "trading with +$3M in funding" as described in your title.
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Many are offshore, CFD products, CME side bets.
 
canoe said:
i'm still perplexed as to how these "prop firms" can get away with such blatantly false advertising. in any other industry, this shit would be shut down by the regulators.

the "$50k account" is a $2000 account. no offense but you're not going to be "trading with +$3M in funding" as described in your title.
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he meant 3M as in 3,000. We all read is as 3MM or 3 million.
 
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