1. Can you use an end of day drawdown instead of trailing unrealized profits per trade for drawdown?
2. Can you allow news trading? The risk and drawdown rules are already in place.
3. Can you allow days with outsized gains?
4. Can you allow traders to withdraw profits without being forced to trade additional days?
5. Can you allow traders to be in control to withdraw their own profits fully without constraints like small capped withdrawal limits for 3 months?
A technical trend following trader's return profile will look very different than a scalper, with infrequent outsize days when the market offers them, and will encounter these as part of their strategy.
We are always trying to find a good balance between managing our own risk and improving certain things for our users.
I will certainly put that on our list which will be reviewed by our upper management.
@ApexTraderFunding , can you clarify - If a trader who's strategy is specifically to wait for higher probability market conditions like trend days, which happen rarely maybe 10% of the time, but make the large majority of their profits only on those days, will they not receive their pay due to the 30% consistency rule?
I see Micro BTC listed, but not the larger Mini BTC, is it available, especially in the larger accounts allowing more full size mini contracts?
Let us know on any changes in policy regarding the previously mentioned questions above.
@VirtualMark , can you clarify how can you lose your entire profit if you break a rule while waiting for payout, and what type of rule are you referring to?
Hi, it doesn't apply to Apex and I went a bit off topic there. But some firms have daily loss limits in place, and if you hit it then you lose your account, including any profits generated. Apex doesn't have a daily loss limit, but they do have a lot of other hoops to jump through to get a payout. Such as a minimum 10 days before you get a payout, a 30% rule for one day and only certain times of the month where you can request a payout.
Curious any long term members on here who have been around for a while, with a higher post count, who have posted quite a bit, and not just about apex, used them for a live account, and could share their experience?
