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TrAndy1 replied Nov 10, 2023Sorry, but math is math. That does not depend on ones each trading style. All what I have done here and posted is math and are facts. That is independent from other things. To your request, I do not have the time to go through each future prop its ...
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TrAndy1 replied Nov 10, 2023FTMO and ACG. FXIFY only if you are maxed out at the other two. I find ACG offer good and find them valuable and trustable on their payouts.
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TrAndy1 replied Nov 10, 2023All that Apex hype here in the last week for nothing. Prolly nothing. There is nothing to say anymore. Just another garbage offer around at the market for fools only.
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TrAndy1 replied Nov 10, 2023I find it pity that regarding the messy Apex website and all the reading material you need to do first, that there was no other trader who made that math before I came up now. It took me some time. But better one is shouting the truth here than no ...
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TrAndy1 replied Nov 10, 2023With the current 70% discount offer at Apex, which is usually the cheapest offer among all Future prop firms. You already pay with all fees in its values at least $2000 to get $2500 trailing max. Drawdown. If you need 2 months for the eval, you ...
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TrAndy1 replied Nov 10, 2023Apex huge discounts at "cheap" offers are like a brainwashing machine, if your greed is too much and you do not stay calm and do all the math behind before, you get a slap in your face over time. There is a reason why Apex can do the payouts, it is ...
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TrAndy1 replied Nov 10, 2023Here is the math if one has problem to do it on his own. 2.72^(3k profit goal / 2.5k max. DD) * 2.72^(2.6k/2.5k on PA) = ca. 10 this needs to be multiplied by all the fees you pay. So for 90% discount and you pass in first month it is with lifetime ...
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TrAndy1 replied Nov 10, 2023Just to make it round for all Apex traders or wannabees. Even the 50k does not make much sense on trailing regarding trading on an own personal account at a futures broker. Because doing 3k on a 2.5k DD even on a small 50k account means more than ...
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TrAndy1 replied Nov 10, 2023It is not a good sign. They cannot make profits from the data they have. So they hired some Quant traders at this prop. I guess this is all random data mostly. So over 99.9% probably useless data. FTMO wants to create profitable strategies or ...
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TrAndy1 replied Nov 10, 2023Never heard about this prop. Usually all these props are struggling. There is no consistent trader for many years on those firms. If one good trader grows he will join an investment bank or hedge fund. No one stays at that size and salary for longer ...
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TrAndy1 replied Nov 10, 2023Swing trading Forex is insane on Future props. You pay double the spread on trading minors via duplicating this over two major currency futures. Then you need to close your trade every day. So easy to pay 5 times more in fees than on any FX prop. ...
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TrAndy1 replied Nov 10, 2023But before you should be maxed out at FTMO; and ACG. Probably also at FXIFY (and FE) before you switch your strategy to Indices or trade on Apex, because the chances of a payout are less overall. Yes the payout chances at FXIFY are less than Apex, ...
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TrAndy1 replied Nov 10, 2023Apex is more difficult and more expensive than other FX props. I see no advantage unless you are heavy scalper on Index Futures. I am sure now about this.
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TrAndy1 replied Nov 10, 2023These words in gods ears. I mean in the judge ones. A judge that has the whole future of an industry in his hands. Soon there will be a decision, in a matter of days...
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TrAndy1 replied Nov 10, 2023The future props are saying you can opt between non-pro or pro fees. So basically you are considered as non-pro when you join them. But again as I already told here I find this view problematic. But I hope the best. Otherwise Apex and all the other ...
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TrAndy1 replied Nov 9, 2023This rule is for PA accounts not for Eval accounts, see here: url
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TrAndy1 replied Nov 9, 2023MT5 was good for futures when they had Level2 data included from CQG. So you had a DOM where you could trade from. Recently Level2 is not available anymore. Bad.
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TrAndy1 replied Nov 9, 2023The problem I see with Future props is the fees side for trading currency futures. I get 5 times more in fees with currency futures than trading that kind on FX props. So basically I am forced to use a totally different strategy to trade ES ...
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