I had a lot of hopes about Apex Trader funding. But twice they interfered with my trades closing them. I saved the screen shot as proof. You can clearly see it marked external trade. I asked them to resolve it and their response was, they are not responsible. If a prop firm, trades your account to cause loss, there is no way, you can win.
Also they promote Apex Trade Copier, saying you can have 20 accounts etc. But if they interfere with a trade causing loss, now the loss is multiplied across all 20 accounts.
They provide all the technology, they control it. But they will not resolve any issue if you lose a trade due to their technology fails.
Hey man, I’m sorry to hear this. I have used apex for three years now and can safely say this has never happened to me. I’m surprised to learn that their customer support didn’t help you as where errors have occurred in the past they have been very public about resetting them.
I am sitting on 6 short ES contracts at 4161. I should have stopped out on Friday. but did not. This is an ongoing issue for me that I MUST overcome. Meanwhile, need some advice on managing through this one. Thanks
I’m not sure what you will do now but to stop yourself being in this position ever again have a stop loss and never move it. Mine is 8 ticks down and always stays there. Find a stop loss that works for you
How? This post doesn't say exactly *how* that happened, just that it happened.
What was the strategy? Prop firms know *exactly* what strategies work and what don't, yet they'll never tell you what those are. Something like "On a 5m chart, put a 20, 50, and a 200 EMA moving average. When the 20 crosses the 50, and both are above the 200, buy - and vice versa for the sell. On the third contrary candle, exit the position. Stop loss should be on a candle close below/above the 20."
Or, something like "Short the first Pauli level after cash open, and exit at the next Pauli level down. Stop goes 1 point above the Pauli level." (I just came up with that at random - maybe it'll work!)
ive had an account with apex fro 2 months never done anything with it becasue cant get ninjatrader to work correctly or at least i think that. maybe u might have some help to make sure i can use it effectively. Please and thanks. my email pfunk1968@gmail.com. Also really like what u are doing, keep up great work.
I had a lot of hopes about Apex Trader funding. But twice they interfered with my trades closing them. I saved the screen shot as proof. You can clearly see it marked external trade. I asked them to resolve it and their response was, they are not responsible. If a prop firm, trades your account to cause loss, there is no way, you can win.
Also they promote Apex Trade Copier, saying you can have 20 accounts etc. But if they interfere with a trade causing loss, now the loss is multiplied across all 20 accounts.
They provide all the technology, they control it. But they will not resolve any issue if you lose a trade due to their technology fails.
Hey man, I’m sorry to hear this. I have used apex for three years now and can safely say this has never happened to me. I’m surprised to learn that their customer support didn’t help you as where errors have occurred in the past they have been very public about resetting them.
I am sitting on 6 short ES contracts at 4161. I should have stopped out on Friday. but did not. This is an ongoing issue for me that I MUST overcome. Meanwhile, need some advice on managing through this one. Thanks
I’m not sure what you will do now but to stop yourself being in this position ever again have a stop loss and never move it. Mine is 8 ticks down and always stays there. Find a stop loss that works for you
"I have found a consistency..."
How? This post doesn't say exactly *how* that happened, just that it happened.
What was the strategy? Prop firms know *exactly* what strategies work and what don't, yet they'll never tell you what those are. Something like "On a 5m chart, put a 20, 50, and a 200 EMA moving average. When the 20 crosses the 50, and both are above the 200, buy - and vice versa for the sell. On the third contrary candle, exit the position. Stop loss should be on a candle close below/above the 20."
Or, something like "Short the first Pauli level after cash open, and exit at the next Pauli level down. Stop goes 1 point above the Pauli level." (I just came up with that at random - maybe it'll work!)
Haha very true.
The “how” is my the whole point of the review Ed!
Good stuff here brother💯
ive had an account with apex fro 2 months never done anything with it becasue cant get ninjatrader to work correctly or at least i think that. maybe u might have some help to make sure i can use it effectively. Please and thanks. my email pfunk1968@gmail.com. Also really like what u are doing, keep up great work.
Your newsletter contains words of wisdom. You should have a YouTube channel.
Thank you. Perhaps in time.