hi,
disclaimer: i have participated a little in the development of this new AxiSelect, and also took part in the closed beta testing. just like i was part from early on the old version. that said, i am a trader, and my journal will reflect my unbiased opinions and experience as a trader! i trade full-time since 2017.
i was funded with 500k (max allocation) by old AxiSelect, and i had many payouts over the years.
it has been a while, but time to re-load the previous journey with AxiSelect ( if interested, the old thread was: https://www.forexfactory.com/thread/...0k-funded-acct?)
foreword;
the old version of Axiselect using the Psyquation score stopped working at the end of November 2022.
even before and ever since there was ongoing work to re-launch a new version of AxiSelect, and finally it is ready.
AxiSelect. same name. but lots of changes.
the old journal has all the details of the old version.
i will try to summarize the differences of the new AxiSelect:
- the maximum funding now is up to 1 million USD!!
- the performance fee now is up to 90%!!
- 100:1 leverage!!
- a wide variety of instruments to trade, forex, indices, gold, oil
- the fastest time to scale up to maximum funding now is only 9 months!
- the payout is monthly!
- a choice between standard or pro ( spread+comm) acct type
and a few things that haven't changed:
- IT IS FREE! it isn't a pay-to-play prop firm, but something i call merit-based trading.
- there is a score, now called the Edge score, that will allow a trader into the program, and determine how far one can scale up
- trader need to have their own trading account with min 500$/1000$ to participate. but it is 100% your account, your profit or your loss you make on that.
- the maximum allowed drawdown is -10% from the starting equity of the month!
- no daily drawdown limit
- no trailing drawdown!
- no time limit! only minimum days, no maximum, ie no pressure on performance! only +5% profit needed to scale up ( if the score allows it)
- no restriction on trading style ( other than the usual latency arb and such that gets one kicked out everywhere)
- well-established, regulated brokerage's program, not a clone website trying to one up another clone website. ( need to be able to join SVG reg to participate)
here you can read the program rules:
https://axidocs.s3.ap-southeast-2.am...gram+Rules.pdf
and this is what the new AxiSelect pathway looks like:
i believe the full-time launch is next week!
if you are a former student of mine, i highly recommend you join ASAP! and reach me on Skype if want to join any of the live trading sessions i still do regularly!
there is no excuse not to make to at least 100k funded account!
OK, this is about the general overview, now time to get into the journal part
happy trading!
Z
disclaimer: i have participated a little in the development of this new AxiSelect, and also took part in the closed beta testing. just like i was part from early on the old version. that said, i am a trader, and my journal will reflect my unbiased opinions and experience as a trader! i trade full-time since 2017.
i was funded with 500k (max allocation) by old AxiSelect, and i had many payouts over the years.
it has been a while, but time to re-load the previous journey with AxiSelect ( if interested, the old thread was: https://www.forexfactory.com/thread/...0k-funded-acct?)
foreword;
the old version of Axiselect using the Psyquation score stopped working at the end of November 2022.
even before and ever since there was ongoing work to re-launch a new version of AxiSelect, and finally it is ready.
AxiSelect. same name. but lots of changes.
the old journal has all the details of the old version.
i will try to summarize the differences of the new AxiSelect:
- the maximum funding now is up to 1 million USD!!
- the performance fee now is up to 90%!!
- 100:1 leverage!!
- a wide variety of instruments to trade, forex, indices, gold, oil
- the fastest time to scale up to maximum funding now is only 9 months!
- the payout is monthly!
- a choice between standard or pro ( spread+comm) acct type
and a few things that haven't changed:
- IT IS FREE! it isn't a pay-to-play prop firm, but something i call merit-based trading.
- there is a score, now called the Edge score, that will allow a trader into the program, and determine how far one can scale up
- trader need to have their own trading account with min 500$/1000$ to participate. but it is 100% your account, your profit or your loss you make on that.
- the maximum allowed drawdown is -10% from the starting equity of the month!
- no daily drawdown limit
- no trailing drawdown!
- no time limit! only minimum days, no maximum, ie no pressure on performance! only +5% profit needed to scale up ( if the score allows it)
- no restriction on trading style ( other than the usual latency arb and such that gets one kicked out everywhere)
- well-established, regulated brokerage's program, not a clone website trying to one up another clone website. ( need to be able to join SVG reg to participate)
here you can read the program rules:
https://axidocs.s3.ap-southeast-2.am...gram+Rules.pdf
and this is what the new AxiSelect pathway looks like:
i believe the full-time launch is next week!
if you are a former student of mine, i highly recommend you join ASAP! and reach me on Skype if want to join any of the live trading sessions i still do regularly!
there is no excuse not to make to at least 100k funded account!
OK, this is about the general overview, now time to get into the journal part
happy trading!
Z
there is always, always another trade!!