Apex Trader Funding Trailing Drawdown!

  Рет қаралды 32,581

Patrick Wieland

Patrick Wieland

Күн бұрын

Пікірлер: 114
@PatrickWieland
@PatrickWieland 9 ай бұрын
💰Start Trading Futures with Apex Trader Funding! Get 80% Off CODE "PW" and link tinyurl.com/Apex70
@kulumoyo5821
@kulumoyo5821 9 ай бұрын
Patrick, you have to agreed that the "live trailing drawdown" is Apex's money maker. Why not move to end of day trailing drawdown? They won't change it because that's how they make most of their money. You know that 100%!
@t.1000.
@t.1000. 9 ай бұрын
Who cares, just deal with it or use a diff firm. Simple
@Cuirenteria
@Cuirenteria 9 ай бұрын
TBH the reason I have lost 2 apex challenge was because of being tilt, not because of the trailing drawdown.
@dbbattle
@dbbattle 9 ай бұрын
Why use them if you an trade with other firms that don't house that. Yes, it's cheaper but you get what you pay for.
@rafaelrivera6445
@rafaelrivera6445 9 ай бұрын
I agree! Change it to EOD.
@DamonElena-s5b
@DamonElena-s5b 9 ай бұрын
This is the problem with getting paid as an affiliate/shill. The money supercedes the truth
@rafaelrivera6445
@rafaelrivera6445 9 ай бұрын
Patrick... I was going to purchase 10 Apex evaluation account this week, but after analyzing the trailing drawdown, NO WAY! for the moment I will continue using other prop firms until they change it to EOD (End Of Day). This is a Big issues for a lot of people. I hope Apex listens.
@creativemanifestation8295
@creativemanifestation8295 9 ай бұрын
May I ask whose better?
@Sk-bo1gm
@Sk-bo1gm 4 ай бұрын
Fuck apex
@Sk-bo1gm
@Sk-bo1gm 4 ай бұрын
Top step is EOD best
@jaejaealaska
@jaejaealaska 9 ай бұрын
You have to use small size and grow the account slowly. I now have 5 funded accounts with Apex. It has made me a better trader focusing on the trade and not how much I made on each trade. Slow and steady wins the race.
@NewCreditLife
@NewCreditLife 9 ай бұрын
Do you trade micros
@Solapprentis
@Solapprentis 9 ай бұрын
What is your contract size you use ? For mini and micro ?
@jaejaealaska
@jaejaealaska 8 ай бұрын
@@NewCreditLife I only trade Nasdaq Mini
@jaejaealaska
@jaejaealaska 8 ай бұрын
@@Solapprentis I trade with one contract. I will sometimes add a second depending on the trade. I do not trade Micros
@KayvanChan
@KayvanChan 9 ай бұрын
The only thing that i got with Apex with the trailing drawdown was fear of letting my trades run. Trading is a bussiness on which one is in figth with oneself, there is no logic as a trader to fear let the trade run to objectives. The trailing drawdown kills your hability to be a good trader. Different thing is this 20 accounts thing, where one is NOT a trader, is a shooting 5 points gambler that gets goods payouts because of that 20 multiplication thing. Best wishes!!😊
@emililiev1621
@emililiev1621 9 ай бұрын
I can see your point. Kinda you’re right, but I’ll be more happy not to be a good trader and get $100 x 20 account on a daily basis and be able to afford a bit better quality of life. No offence to you at all!
@YouAREyoubeYou
@YouAREyoubeYou 9 ай бұрын
Agree
@KayvanChan
@KayvanChan 9 ай бұрын
Yes, you are totally right. My point was in the way to be a good trader, not that is bad the 20 accounts thing 😊
@rafaelrivera6445
@rafaelrivera6445 9 ай бұрын
I agree! Apex should change it to EOD.
@patrickhenry7416
@patrickhenry7416 9 ай бұрын
@@rafaelrivera6445 theyd go bankrupt probs lol
@OpenRehearsal
@OpenRehearsal 9 ай бұрын
It definitely suits me well as a scalper, taking small profits, and moving to break even quickly after the trade goes my way. I scratch a lot but also take a lot of trades.
@LolaizaJazzmine
@LolaizaJazzmine 6 ай бұрын
Whats the minimum ticks. We are allowed scalp???
@danielnegusse6544
@danielnegusse6544 25 күн бұрын
the best explanation of this issue ever. thanks bro.
@traderfutures-bu4kz
@traderfutures-bu4kz 9 ай бұрын
forces you to be better, more selective, only trade your setups, great video Pat, congrats on the new Juice
@TradesbyNao
@TradesbyNao 9 ай бұрын
💯 correct.
@rafaelrivera6445
@rafaelrivera6445 9 ай бұрын
Day trading already has many challenges, why make it worst? They should change it to EOD.
@neverevenheardofit
@neverevenheardofit 9 ай бұрын
actually doesn't. Even a perfect setup, I can guarantee you there are pullback points you did not expect. If you are that prophetic that you know that a trade you put on will go directly to your Take Profit, then you are a trading genius. [this is from someone who has received payout on my first Apex accounts]. I mean are you really going to tell someone who holds positions for hours what you just said? or a swing trader? What the firm encourages through this trailing drawdown is scalpers.
@15509020sl
@15509020sl 8 ай бұрын
No, forces you to take profit
@hamiltonarmando
@hamiltonarmando 9 ай бұрын
Is there a way to see trailing drawdown or something we have to visualize ourselves ?
@YouAREyoubeYou
@YouAREyoubeYou 9 ай бұрын
It requires one to be disciplined and focus on only A+ setup
@pioneer240.
@pioneer240. 7 ай бұрын
If it touches my trailing threshold do i get an email saying i failed ?
@mrpuff9321
@mrpuff9321 8 ай бұрын
Does it reset every time you take a trade ?
@malcomshadrack7080
@malcomshadrack7080 9 ай бұрын
Goodday patrick , how many full contracts do you use in the 50k Accounts. thank you
@aFriCan_Boi
@aFriCan_Boi Ай бұрын
Thanks for the explanation Pat. That was better than how Apex explains it...
@ReckLesS446
@ReckLesS446 9 ай бұрын
The drawdown is only when you’re in a trade right? Then it’s based off your PNL?
@silverfox401
@silverfox401 9 ай бұрын
It’s better than passing a combine with 5 cons and then get a XFA where now you can only trade 2 cons make it hard to make money and they know in time you will blow it because 2 cons is hard to make a good buffer
@TheBoolishCitizen
@TheBoolishCitizen 9 ай бұрын
Trading 2 cons on NQ you can make good buffer if you the trade goes your way
@themadscalper8451
@themadscalper8451 9 ай бұрын
trading 5 cons on a new 50k funded account prob isnt to smart anyway lol
@silverfox401
@silverfox401 9 ай бұрын
You been watching to much Topstep tv if your a new trader then don’t do that but you do you
@Harkz0r
@Harkz0r 9 ай бұрын
I mean I have had more success in a 150k trading fewer contracts, not more. Minis are a lot of leverage by themselves, if you don't get a perfect entry you can screw yourself before it makes a bigger move the way you expect. Trading with huge size can pass quick but I have paid for more resets that way lol.
@silverfox401
@silverfox401 9 ай бұрын
@@Harkz0rI totally agree I was just making a point . That the combine you can use 5 Minnis if you want so the Pa should be the same . Cutting it down to 2 Minnis is by design the longer your in a Pa the better chance that you bust. Some people trade heavy and that’s cool to just have to be good at risk management . We all blow accounts I have anyway lol
@NasdaqDiscussionCommunit-sr6ju
@NasdaqDiscussionCommunit-sr6ju 9 ай бұрын
Great video thanks. Can you also make a video with the entries how to work it when it goes up or when it goes down? How many points loses before close the trade so the drawdown doesn't get hit in a reversal market trade
@Tomas-q9b7p
@Tomas-q9b7p 9 ай бұрын
This gonna be my challange after passing the 50k combine today.. it'd like 2 things go against you.. the trailing, plus your losses.. so it would be smart to go hard where your at 4k on first day if possible
@protivationsrtcartel2360
@protivationsrtcartel2360 9 ай бұрын
it's not a scam. It requires you to manage that account properly in my opinion
@Easymadeit
@Easymadeit 8 ай бұрын
Hey! Quick question, the trailing drawdown doesn’t restart after getting a payout right? It stays at a normal drawdown correct?
@prabhsingh5185
@prabhsingh5185 3 ай бұрын
can we still trade with multiple accounts or not ?
@brolennial6389
@brolennial6389 9 ай бұрын
People don't understand that this drawdown teaches you to take profits and quit trying to make profit and stop loss ratios work for you. I've never understood why people are so stuck on profit and loss ratios. It kills traders because that's not how markets work. Trade what's in front of you!!
@villager933
@villager933 7 ай бұрын
PL Ratios do work. You can't argue with the math (stats) unfortunately
@samuelbrown3326
@samuelbrown3326 27 күн бұрын
it’s still trading but based off maths including technicals which make it more mechanical and allows it to feel less like gambling. Apex does trailing dd to line their pockets as it way more complicated for traders than even trading on a live account.
@tronghungdao251
@tronghungdao251 9 ай бұрын
What's broker do you use for level 2 before funding. Keep it's up 👌👍👏🎉🎉🎉
@Intellistan
@Intellistan 6 ай бұрын
So how do you get from 50k to 50,100 without taking a drawdown? What's the limit of drawdown before you reach the 50,100 limit?
@GBktradingint
@GBktradingint 3 ай бұрын
Thanks for this video!
@enter_future
@enter_future 8 ай бұрын
Love the video!! My only question to you is when using using tradeovate or any other platform, is there no way to view what drawdown your currently at ?? Or do you do your own calculations. Thanks!
@anastaciagk
@anastaciagk 7 ай бұрын
On a 50k account does that mean the balance can never go below $47,500 or the account is blown?
@TRADERGENERATIONX
@TRADERGENERATIONX 7 ай бұрын
47,500 you lose the account
@emilabello1877
@emilabello1877 8 ай бұрын
what do you mean by taking profit
@cleverjay592
@cleverjay592 9 ай бұрын
Trailing drawdown is just stressful and not proper and fair trading conditions.. makes it into a game.. youre gunna always be on the edge about any movement in price. Yes its bad. EOD is king
@ralph3538
@ralph3538 9 ай бұрын
If topstep let you copy trade up to 20 then Apex would lose half their customers lol 💯. That topstep drawdown is where it’s at but I use Apex due to copy trading
@damianlitman7597
@damianlitman7597 6 ай бұрын
What is the point of having 15 or 20 k of cash in a funding account? Is it better to transfer that money to a normal account with a broker and I don't have to share the profits or not?
@Sherivny
@Sherivny 9 ай бұрын
Do you teach your strategy, sir?
@MrTacticalReviews
@MrTacticalReviews 9 ай бұрын
Great Video Patrick!
@TonyC-pq7bp
@TonyC-pq7bp 9 ай бұрын
Trade with your own money. Fack everything else.
@IdeaFactree85
@IdeaFactree85 9 ай бұрын
Even the guys that own prop firms use other prop firms... no one trades their own dough anymore.
@voltage3692
@voltage3692 9 ай бұрын
​@IdeaFactree85 you think they are going to take profit splits from themselves? And most owner dont even trade
@_Iamdmoney
@_Iamdmoney 9 ай бұрын
@@IdeaFactree85 That's the biggest cap I've ever heard
@IdeaFactree85
@IdeaFactree85 9 ай бұрын
@@voltage3692 Okay let me rephrase the three Futures prop firms I've traded with which are the three most affordable ones the CEOs of all three of those do trade and they absolutely trade prop firm accounts for other prop firms
@Tradehours
@Tradehours 3 ай бұрын
Anyone that thinks this trailing draw down is and issue is an idiot, if you got for 200-400 a day u won’t be anyway near it!!
@LittleBullseye
@LittleBullseye 9 ай бұрын
The trailing threshold was brutal at first. However it has made me very consistent and profitable. I dont mind it at all.
@Merlin000
@Merlin000 9 ай бұрын
This is a fking great video Patrick! Thx brother
@rishabhp1762
@rishabhp1762 5 ай бұрын
If my trailing drawdown is $2000 If i get stopped out on a break even and lost 500 un realised profits will the trailing drawdown rest forever be 1500 or will it reset to 2000 ?
@PatrickWieland
@PatrickWieland 5 ай бұрын
$1500
@olb149
@olb149 7 ай бұрын
Not on Tradovate accounts trailing drawdown never stops ,
@dillonhudgins9719
@dillonhudgins9719 9 ай бұрын
If you can’t handle a trailing drawdown you shouldn’t be trading. Once you build a buffer on your funded account that drawdown no longer matters
@RyanFuson-b7o
@RyanFuson-b7o 8 ай бұрын
Awful take. Drawdown should never trail unrealized gains. That is a terrible feature.
@shiktabanik1804
@shiktabanik1804 8 ай бұрын
Only saitan can introduce these kinds of features, ridiculous
@arnoldsujankatru9667
@arnoldsujankatru9667 9 ай бұрын
If you can't pass the trailing draw down you are not a profitable trader. Period
@alehax27
@alehax27 3 ай бұрын
price action rarely ever moves smoothly in one direction. that's the problem
@sandysandeepful
@sandysandeepful 9 ай бұрын
These firms are designed for scalpers and not people looking for good setups to hold for a few days or even few hours.
@sergiomejia7633
@sergiomejia7633 9 ай бұрын
Where’s the 50 percent reset
@noone-i8
@noone-i8 9 ай бұрын
Na bro, other companies offer the same as apex and they don't have that. If apex removed that, it would be the best.
@333PortalMarketing
@333PortalMarketing 7 ай бұрын
What companies specific???
@SoyWilox
@SoyWilox 5 ай бұрын
Wich company?
@JOEGEBALSEIRO1
@JOEGEBALSEIRO1 3 ай бұрын
Greed is terrible for trailing drawdowns-Take profit and regroup- repeat 👍
@JK_Niche_Channel
@JK_Niche_Channel 9 ай бұрын
Let me clarify that Apex Trader Funding trailing drawdown is not a scam. It's how the business operates to make their money like any other business. There is no correct or wrong way of setting prop firm rules. Yes, some people disagree with apex about it, but there will always be disagreements in life anyways. It's all based off of personal preference.
@RobertTradesOfficial
@RobertTradesOfficial 7 ай бұрын
Awesome video Patrick, I really like the fact that you mentioned the "Greedy" part I never really considered that.
@AugustTassoulForex
@AugustTassoulForex 4 ай бұрын
thanks pat. I just know this has been approved by ICT as well. Cranky old ass.
@_Iamdmoney
@_Iamdmoney 9 ай бұрын
Yeah nothing like blowing an account in the green. It's great once you escape the boogeyman IF you can escape the boogeyman.
@llewylnmoss
@llewylnmoss 9 ай бұрын
You learn through trading real money and losing real money.
@anchortimebomb
@anchortimebomb 8 ай бұрын
apex picks and chooses what rules they want to enforce when they see fit so they don't have to pay you
@ikoyfx
@ikoyfx 9 ай бұрын
All i hear here is you have to open a winning trade. That removes the possibility of being wrong. Imagine coin flip. 😂 u can never be right all the time.
@PatrickWieland
@PatrickWieland 9 ай бұрын
Ok
@ashxior8406
@ashxior8406 8 ай бұрын
Thank you for making this simple and easy to understand.
@CreateWealthNow777
@CreateWealthNow777 9 ай бұрын
Yep I lost an account from it 💀💀💀💀
@CC-yq5bw
@CC-yq5bw 9 ай бұрын
Never forget folks, these firms are not here for your benefit at the end of the day. It's a business and they only survive with your constant failures and resets.
@carvensjoseph
@carvensjoseph 8 ай бұрын
They make more money off you winning would you want 2 resets or 20 percent of 2k
@blustarvision6817
@blustarvision6817 7 ай бұрын
It is scammy I have a 300k funded first trade heading toward 7k they did a 299k draw down 😅wow I’ve blown two accounts now
@Gtraders2024
@Gtraders2024 9 ай бұрын
Love❤❤❤❤❤
@pipiboy1405
@pipiboy1405 3 ай бұрын
Greedy??????!!!!!!!! the hell you are talking about , I do my analysis and predict price to move to a certain area, I don’t control what it does be4 it gets there . That’s a Dudu rule .
@Thess6969
@Thess6969 3 ай бұрын
nothing in this video.
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