APEX Trader Funding New Rules Prop Trading Strategy

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BKTraders - Kathy Lien & Boris Schlossberg

BKTraders - Kathy Lien & Boris Schlossberg

2 ай бұрын

🗞️ Stay on top of Prop Firm News & Tips proptraderedge.com/
Apex trader funding just rolled out a new set of prop trading rules for PA accounts. In this video we go over the changes, what they mean for funded PA accounts and the best prop trading tips for trading under these new rules.
💰 90% OFF Futures Prop with APEX until June 3 bit.ly/3V0dD59
These are my opinions and interpretations. I am in no way a legal professional and none of this is legal advice or opinion
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*Futures, forex and CFD trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the investor’s initial investment. Only risk capital-money that can be lost without jeopardizing one’s financial security or lifestyle-should be used for trading and only those individuals with sufficient risk capital should consider trading. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results.
CFTC RULE 4.41
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Пікірлер: 106
@tartuffepierrier8846
@tartuffepierrier8846 Ай бұрын
Hi Boris, thanks for this video. About your strategy, as all your candles are white, when you advise us to enter at the closing of the candle, how do you know where the closing is?
@jasonb4321
@jasonb4321 2 ай бұрын
You could DCA 15 times with micros and still be in a better position WITH LESS drawdown than with 2 minis . . . 🧐
@lorenzo8291
@lorenzo8291 2 ай бұрын
Thanks for the info. Wondering where can you see the RR rule on their website, or where did you get this info from?
@BKForex
@BKForex Ай бұрын
they are all here kzbin.info/www/bejne/rZm9i3Z6apiKbqs
@dorianv9283
@dorianv9283 2 ай бұрын
Hi, could you please tell us your indicator's name on Trading View, I dont find it. Thanks so much for rules explanations.
@BKForex
@BKForex 2 ай бұрын
It's a proprietary indicatot we use in in trading room You can sign up here - here is the discount link buy.stripe.com/3cs176bTcdDHdyM145
@richiewillie2us
@richiewillie2us 2 ай бұрын
Thank you for your video; where can I find these rules on their website so I can review them further? I don't see it so far.
@BKForex
@BKForex 2 ай бұрын
support.atf.com/hc/en-us/articles/4404875002139-What-are-the-Consistency-Rules-for-PA-and-Funded-Accounts
@d.s.8733
@d.s.8733 Ай бұрын
Very good video, and nice strategy, it has the KIS principle (Keep it Simple)
@knicks252525
@knicks252525 Ай бұрын
what are the inputs for the sma?
@kimpeater1
@kimpeater1 14 күн бұрын
Thanks for the explanation!
@reynanp5109
@reynanp5109 2 ай бұрын
Well explained, Thanks
@BKForex
@BKForex 2 ай бұрын
Glad you liked it
@Masterc.1
@Masterc.1 2 ай бұрын
What are order blocks?
@martinvillegas98
@martinvillegas98 Ай бұрын
so a stop loss and a take profit is mandatory now?
@madebydocdon
@madebydocdon 8 сағат бұрын
Isn't the SNP RR ,0.5 in that? How do you filter ranges?
@user-zo6bh6qj7z
@user-zo6bh6qj7z 2 ай бұрын
unfortunately not available in my country, (Sri Lanka)
@emmanuelmajekodunmi9148
@emmanuelmajekodunmi9148 2 ай бұрын
Are you using moving average simple or weighted on tradingview
@BKForex
@BKForex 2 ай бұрын
Just simple
@eggspanda2475
@eggspanda2475 Ай бұрын
100% agree that its always best to get out of a losing trade ASAP. Makes better sense to re enter with a high probability setup and 1 unit of risk. Hope is ultimately a losing strategy
@steph-se2yw
@steph-se2yw 2 ай бұрын
What happens if you put a stop loss then your position doesn't go well and you cut your trade with a small gain. Your risk was 50 and you cut it at +5 instead of waiting to hit your stop loss
@BKForex
@BKForex 2 ай бұрын
Thats fine
@KimH007
@KimH007 Ай бұрын
So is Stop Loss bigger than Entry Target?
@ashokvyas4287
@ashokvyas4287 2 ай бұрын
Hi, if Apex don't want you to be gambler in PA & live account then why same Apex wants you to be gambler in passing eval. in one day.!!! I don't understand. Boris explain this. Don't blindly promote Apex , may be you may getting some benefit. While evaluation same Apex wants on one side of casino and once you pass and graduated to PA they want you to be on other side of casino table. Stay away from scammers. my 2 cents.
@BKForex
@BKForex 2 ай бұрын
They have paid out $170M+ in profits to traders
@sj1357
@sj1357 2 ай бұрын
Most of that $ was paid to Alpine and his trading family. These new rules target them specifically! They are even having payouts denied and reviewed. One trader this weekend denied after 60+ payouts…Definitely scammers, this new way os not great: my funded futures, Leeloo, oneup, fast track trading, blu sky a few more reputable firms!
@bigles9083
@bigles9083 2 ай бұрын
@@sj1357 Boris saying they want you to be good traders not gamblers. What incentive to them for you to be a good trader? They make profit on you not being a good trader and rebuying in.
@xander6989
@xander6989 2 ай бұрын
They are sorting the wheat from the chaff by giving a long leash for the cowboys and a short one for the ones who show promise
@davidjewel1453
@davidjewel1453 2 ай бұрын
ok let me say this slowly. APEX is not saying you have to pass in 1day just means you dont have to trade for 7 anymore before you can pass it even if you hit your target goal for the evaluation. It simply means you can hit your target goal whenever and not have to wait. When you hit the magic target you move to PA status eligible.
@georgem3099
@georgem3099 2 ай бұрын
Should we worry about accounts still under review they have been under review for a while
@angel447cruzify
@angel447cruzify 27 күн бұрын
I often risk 10 to make 15 or 20 points sometimes you just got to hold throughout a Down draw this is why it's so important to have a good-sized cushion
@georgem3099
@georgem3099 2 ай бұрын
Thank you soooooo much for clarification…. They approve pay outs right ? They don’t deny payouts ? New with them
@BKForex
@BKForex 2 ай бұрын
They have paid out $170M+
@sj1357
@sj1357 2 ай бұрын
There are sooo many members with payout issues currently. These new rules mean they can literally pick one and use to deny payout. One of Apex’s oldest members with 60+ payouts have just been denied without a reason given. Many more have been waiting for over a month! This new system seems to be a new way to keep traders profits without repercussions. Be careful with them: Topstep, Leeloo, bule , oneup and my funded futures more reliable and honest!
@sj1357
@sj1357 2 ай бұрын
They ARE denying payouts and removing comments! Most of the payouts were made to Alpine and his group. One of Apex’s oldest traders with 60+ payouts just got declined with no reason given! Others have been under review over 1 month with some waiting since 1st may. Others have had to do zoom sessions and breakdown their strategy and then have a setup within days of the call!!! Something has changed be careful. My funded futures, oneup or blue ox all great and honest, good luck!
@georgem3099
@georgem3099 2 ай бұрын
Excellent to hear
@SrSystemsEngineer
@SrSystemsEngineer 2 ай бұрын
Boris, thanks for the great info. Do you offer use of your script for Apex? I was looking at your discord but was confused with all the links.
@BKForex
@BKForex 2 ай бұрын
Yes I do! you can use the TV indicator and you can even see me trade it Live on YT every Tiesday and Wednesday
@leediffusion
@leediffusion 2 ай бұрын
So for ES/MES you mean 3 tick profit, 6 tick stop?
@BKForex
@BKForex 2 ай бұрын
Correct - it s of course better in ES as comms will eat you in MES - but MES is great practice for this set up
@mwxtodd
@mwxtodd 2 ай бұрын
Yeah, don’t try that RR on NQ because NQ will eat 3:1 as a snack.
@familiesturm
@familiesturm 2 ай бұрын
So, do you trade the APEX account with tradovate?
@BKForex
@BKForex 2 ай бұрын
Yes
@league-of-legends5268
@league-of-legends5268 2 ай бұрын
copy trade Is it free or is there a monthly cost?
@BKForex
@BKForex 2 ай бұрын
We dont offer copy trading We teacjh you the methods You can sign up here - here is the discount link buy.stripe.com/3cs176bTcdDHdyM145
@davidjewel1453
@davidjewel1453 Ай бұрын
To me the DCA issue comes down to this. With strictly day trading meaning you have to be flat by COB it makes much less sense to do so. DCAing really only works in swing situations where you can hold past the end of the day(meaning you need major margin to cover the hour window and you cant hold anyway on APEX). It just doesnt work with Apex so I can see why they want it to stop because all it does is lead to blown accounts because that trailing drawdown is gonna get you eventually.
@jerrysollami9281
@jerrysollami9281 Ай бұрын
Lmao, your new to trading I see
@Slide4949
@Slide4949 2 ай бұрын
I don't see a link to join pass prop academy?
@BKForex
@BKForex 2 ай бұрын
bit.ly/passtheprop
@angel447cruzify
@angel447cruzify 27 күн бұрын
What you're speaking of is a trend Trading most people like myself we don't trade Trends we trade breakouts and momentum
@behumble9331
@behumble9331 2 ай бұрын
dca no need same size but one time
@BKForex
@BKForex 2 ай бұрын
right MAX one size
@universal_sounds
@universal_sounds Ай бұрын
Apex falling off..scammers with believable cover ups…switching back to topstep…peace out apex
@gungadin1389
@gungadin1389 Ай бұрын
PONZI SCEME
@kennethwilliams4384
@kennethwilliams4384 Ай бұрын
If you have never had a payout then you shouldn't be worried about the DCA or negative drawdown trading you should worry about 1st getting funded
@premnath-lj7qs
@premnath-lj7qs 2 ай бұрын
Any futures prop frrn whch allows trader to carry positions overnight--day trading is very hard otherwise.Thank you.
@BKForex
@BKForex 2 ай бұрын
I am not aware. HOWEVER - nothing stops you from re-enterting the same trade one hour later when trading resumes on Globex
@davidjewel1453
@davidjewel1453 2 ай бұрын
The problem is the massive amount needed to cover the trade during the 1 hr break is massive compared to the day leverage. For example I could be trading say 20 contracts total. The amount needed to cover the brief overnight vs day margin is like 5-6X difference.
@ericwilliams6553
@ericwilliams6553 Ай бұрын
80 tick take profit 35 tick stop loss with a trail How about that bracket?
@user-iw9ep1ht6p
@user-iw9ep1ht6p 2 ай бұрын
Hello i m new in apex can i trust this prop firm?
@BKForex
@BKForex 2 ай бұрын
Yes they have paid out $170M in payouts so far
@ED_7777
@ED_7777 2 ай бұрын
Just go and see how many denied payouts are out there. If you say something they kick you out of their discord by the way. So legit...
@yazz6548
@yazz6548 2 ай бұрын
@@ED_7777omg that’s scary. Who regulates them ?
@davidjewel1453
@davidjewel1453 2 ай бұрын
@@yazz6548 theyre actually regulated by CFTC and such. Some of the griping being done is by people who tried to game the system. Especialy those who try to skirt rules on trading dont like they can dig as deep a whole as they want DCAing instead of just cutting their losses like a sane person would do. Theyve had people complaining from blowing up multiple accountsbecause they think they can just shove blindly like theyre in a casino and have blown in some cases 30+ PA accounts which is insane to me.
@ED_7777
@ED_7777 2 ай бұрын
What does it mean DCA is a bad behavior?!! It is a legitimate trading strategy... APEX does n't want to pay; that is the worst behavior.
@BKForex
@BKForex 2 ай бұрын
As I said in video PTJ used to say loser average losers DCA is good for investing not for trading
@davidjewel1453
@davidjewel1453 2 ай бұрын
DCA fine for long term trading or investment as pointed out its absolutely incredibly stupid when you are day trading and have to be out by EOD on all trades. Theres literally no way to know or assume those trades that are dropping will recover. Truth is people have often blown up evals and PAs using DCA because the market keeps moving against them. Again its fine if your long term movement trading but when the whole cycle is basically 23hrs theres often no time or way to know DCAing will succeed in such a small window especially when often people on the platform are mostly doing ES NQ YM plus Gold and Silver and such. The market often once it sorts itself out will head one direction and continuing to plow into it adding volume thats increasing your DD is just poor risk management for a single day. Hell today was a good example where it went Jekyll and Hyde. Early spikes at NY opening 930am on all indexes and then sputtered and ended down for the day.
@st3althninja721
@st3althninja721 10 күн бұрын
I left APEX because of the new rules. There are many other prop firms with no DCA and Stop rules. I have seen many not been paid because of the new rules, I know people wasted weeks of they time to get denied, not worth the time and effort.
@angel447cruzify
@angel447cruzify 27 күн бұрын
The stock market is a gambling house when you put on a trade you are assuming the trade you're basically making a bet
@MartinBerke
@MartinBerke 2 ай бұрын
One more aditional Trade no matter what size! This is the new rule.
@jasonb4321
@jasonb4321 2 ай бұрын
Yep, not sure how he got that wrong.
@bigles9083
@bigles9083 2 ай бұрын
They will not let you average in as to many traders are successful at doing that. RSi, MACD strategies are out the door.
@jasonb4321
@jasonb4321 2 ай бұрын
@@bigles9083 you can add to the original entry and average in one time only, if it’s part of your strategy That’s what Darrel said
@angel447cruzify
@angel447cruzify 27 күн бұрын
That's too damn tight that's going to stop people out in less than a second I think that will be a scam to force people into taking a loss
@jerrysollami9281
@jerrysollami9281 2 ай бұрын
Boris why are you with Apex besides the obvious. You know the rules at apex is bs. If you need the extra money from pushing prop firms reach out to Topstep. Great firm. At least you won't have to do video trying to justify this garbage. Newbies don't know any better but you of all people should know better.
@BKForex
@BKForex 2 ай бұрын
Hard disagree. I have at least 2 new tradersin my group pass their eval every week. In fact last week a trader that has never traded anything in her life passed the APEX test and got funded to 50K with the rules I just showed you in the video.
@gelicserin
@gelicserin 2 ай бұрын
@jerrysollam of course he’s protecting his subs coz it’s d only way he won’t gamble his yt earnings not from his lousy strategies what a crap another scam guru 😂😂😂
@davidjewel1453
@davidjewel1453 2 ай бұрын
So TopStep only allows 3 accounts so max purchase power of 450k which is literally less then 2 of the 300k accounts on Apex. Also your stuck waiting to be blessed by their overlords to move. You could be showing consistency and wins and until somebody there decides your worthy then and only then will TopStep let you trade for real money on their sim account. Your essentially at their mercy and oh yeah your still paying that monthly fee every month while Apex offers the option of not having to do that. Im not saying Top Step isnt a decent firm never heard of them scamming and not paying but they operate differently and legit limit traders income potential in the long run.
@jerrysollami9281
@jerrysollami9281 Ай бұрын
You will be with Topstep soon Apex discord is blowing up with complaints on denied payouts. This happens when prop firms go boom. See u soon
@angel447cruzify
@angel447cruzify 27 күн бұрын
The risk should be determined by the traitor not by The Institute
@FreddyFutures
@FreddyFutures Ай бұрын
This is a nice video but do not kid yourself they are looking for degenerate gamblers who they never have to pay out.
@BangrZz
@BangrZz Ай бұрын
Yep sad, i blew so many accounts risking to much, now im good i hope they dont try and use that against me now that i found the sauce. I will literally have to start a KZbin page and go viral, i can see it now how’s this guy all of a sudden no how to now i pray they don’t do me dirty
@pkemelong
@pkemelong 2 ай бұрын
I have just suddenly become a good trader because of their new rule. I was weak until this rule has come into effect
@BKForex
@BKForex 2 ай бұрын
Yes you were :)
@futurestradingstrategies
@futurestradingstrategies 2 ай бұрын
Consistency in profit, Consistency in the amount of contracts traded, Maximum risk reward ratio, No DCA, tight daily trailing stop, put together is a good thing? 🤣🤣🤣
@BKForex
@BKForex 2 ай бұрын
Only if you want to be a successful trader for life :)
@mwxtodd
@mwxtodd 2 ай бұрын
On a personal account, I’m up $334.40 net tonight on CL. I am done for the session. I’ve ranged from grossing $10 to $90 per trade. My stop loss sits at $1,000 for every trade. I utilized a DCA once and grossed $70 off that set up. I did all the awful things which Apex hates.
@futurestradingstrategies
@futurestradingstrategies 2 ай бұрын
@@mwxtodd Nothing works all the time. but calling legitimate strategies that work well under certain conditions "gaming the system", is what I have a problem with.
@mwxtodd
@mwxtodd 2 ай бұрын
@@futurestradingstrategies I agree. I trade micros to get a feel for the market before transitioning into minis. Everyday is different.
@futurestradingstrategies
@futurestradingstrategies 2 ай бұрын
@@mwxtodd That's what successful traders do and the inability to change size is a big red flag for any prop firm banning this trading style
@carloslievano2303
@carloslievano2303 Ай бұрын
Problem with all of these newbies is that they are trading long time frames. Even 5 minutes is to long. AND trying to squeeze their greed to the max. Love your Style Mr. Schlossberg. This is how I trade my own money!
@FreddyFutures
@FreddyFutures Ай бұрын
There whole business model is set up to make money by not paying out. They do not want successful traders because then the business model would fail. That said I have taken payouts from them and they do pay out.
@kevinjohnson2551
@kevinjohnson2551 12 күн бұрын
$3 to win $1 huh
@kevinjohnson2551
@kevinjohnson2551 12 күн бұрын
OKAY I SEE WHAT YOU DOING NEVERMIND, AS I WATCHED BUT, I DO HAVE A QUESTION CAN WE STILL MOVE THE SL AND TP AFTER THE INITIAL ENTREE 🤔
@DonMagixx777
@DonMagixx777 13 күн бұрын
Apex is a terrible scam. Pure robbery
@gelicserin
@gelicserin 2 ай бұрын
What a perfect strategy ? Holy cow 🐮👏🙌👌🫡👊🏻🤣🤣🤣
@BKForex
@BKForex 2 ай бұрын
🙏
@jonathanheaden9982
@jonathanheaden9982 Ай бұрын
Mine is similar except I use the 50sma and let it run!!!
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