Alright it's been awhile. So after I passed the Tryout with Apeteros, a month later I received the
account. They deposited $2500.49 in the live account. When asked about that and if it was a
demo account, Merritt told me that it was a live account and that they will put money in the
account if need be. This put a thorn in my side because I am thinking I have 8 tries to make
money since I risk 500 dollars a day trading now psychologically I am thinking 5 chances.
Can I really trust what he is telling me now? I proceeded to trade and usually the first day and
week are the toughest because you will be excited so more adrenaline pumping. Long story
short I was down 1500 dollars so 1k left of the 2500.49 that was deposited. Then I told Merritt
that I would like to venture on the micros since I wish to preserve the account. He did ask me if
I would like to go to micros first instead but I told him no. I did not think it was a good idea
because I did not do micros in the simulation and things should be fine on the regular NQ
instrument. Surprise (2500.49)!!! That was not expected. Anyway I got terminated because I
did not respect Money Management or the companies firm to be more precise, according to
him. In my defense I told Merritt that I was trying to reach to the payout since it was the end
of the month. When I started to trade the micros I remember having the lowest balance of
788 dollars then Merritt told me that if I do not have positive days soon he will have to close
the account. That was mighty odd to me he would say something like that. I guess he makes
up the rules as time passes. So then I made about 5 positive days in a row and also brought
the account to 1900 dollars by the 29th of last month. The next day I lost about 792 dollars.
Obviously that's way past my daily loss limit which I had agreed to a 50 dollars a day with
him. So yeah, I got sacked. While all this drama is going on, I am thinking to myself,
"micros", I could just trade this on my personal account myself.
That being said, I told him how I felt afterwards that he showed lack of integrity and not
ponying up the 4k that should have been like the deposit but he proceeded to tell me the firm
provides the trader with the minimal risk possible yada yada yada.
Anyone care for salami? Because that's Baloney! Then he mentioned something about
40 million dollars and I mentioned just 4k to him but my message was somehow erased or
not registered. Not sure what happened in the discord.
My take on these new companies? What ever they are selling, just do not buy it. Also it's best
to ask the company to see a copy of the contract before you take their
tryout/combine/test//////.
account. They deposited $2500.49 in the live account. When asked about that and if it was a
demo account, Merritt told me that it was a live account and that they will put money in the
account if need be. This put a thorn in my side because I am thinking I have 8 tries to make
money since I risk 500 dollars a day trading now psychologically I am thinking 5 chances.
Can I really trust what he is telling me now? I proceeded to trade and usually the first day and
week are the toughest because you will be excited so more adrenaline pumping. Long story
short I was down 1500 dollars so 1k left of the 2500.49 that was deposited. Then I told Merritt
that I would like to venture on the micros since I wish to preserve the account. He did ask me if
I would like to go to micros first instead but I told him no. I did not think it was a good idea
because I did not do micros in the simulation and things should be fine on the regular NQ
instrument. Surprise (2500.49)!!! That was not expected. Anyway I got terminated because I
did not respect Money Management or the companies firm to be more precise, according to
him. In my defense I told Merritt that I was trying to reach to the payout since it was the end
of the month. When I started to trade the micros I remember having the lowest balance of
788 dollars then Merritt told me that if I do not have positive days soon he will have to close
the account. That was mighty odd to me he would say something like that. I guess he makes
up the rules as time passes. So then I made about 5 positive days in a row and also brought
the account to 1900 dollars by the 29th of last month. The next day I lost about 792 dollars.
Obviously that's way past my daily loss limit which I had agreed to a 50 dollars a day with
him. So yeah, I got sacked. While all this drama is going on, I am thinking to myself,
"micros", I could just trade this on my personal account myself.
That being said, I told him how I felt afterwards that he showed lack of integrity and not
ponying up the 4k that should have been like the deposit but he proceeded to tell me the firm
provides the trader with the minimal risk possible yada yada yada.
Anyone care for salami? Because that's Baloney! Then he mentioned something about
40 million dollars and I mentioned just 4k to him but my message was somehow erased or
not registered. Not sure what happened in the discord.
My take on these new companies? What ever they are selling, just do not buy it. Also it's best
to ask the company to see a copy of the contract before you take their
tryout/combine/test//////.