In reality, the fact that you can buy a new account at any time is also a challenge that you have to overcome. Otherwise, you will never get a payout if you don't adjust your trading style. It can take up to 100 accounts and much more to really realize this.

What I cannot understand is that, on the one hand, a serious trading style is required (whatever that is supposed to be), but on the other hand, 1-day pass offers are now being made for qualification, where rules are more or less does not matter. It seems to be a way to attract as many traders as possible, instead of sorting out the "serious" one's.

I also didn't realize what benefits it would bring to a trader to be invited to live trading by Apex, other than perhaps polishing one's ego.

This discord channel is not really helpful, at least if you have some critical questions. The mods seem to be very one-sided, even they are not paid by Apex (what they say). If there is a problem, you are asked to send a support ticket. The support for newbies with mostly the same issues is very helpful, though.

It’s a game. And it’s specifically a casino game. I’m at a loss as to how some of us don’t see this, but then I understand that these are those probably bound to losing money perpetually in the market.

The beautiful thing about the real market is that when it breaks you, it breaks you, and you go do something else. You save time, save mental capital. But with these funded trader simulation programs, masses of us are being bled for a longer period of time while if you simply trade the market, you figure it out or blow out. Either way you learn.

And you have an industry that has capitalized on that, and instead are capturing this desire and interest in the experiential ”Be a trader simulation”.

It seems simple enough that these fine folks could simply trade sim on ninja trader or thinkorswim or anyone of the other free platforms out there, and do it for free, but there is a certain need to pay money for experiences and a lot of people have been conditioned to pay to experience perspective, even when payment isn’t ideal. (it’s found in those of us who pay thousands for some secret indicator, or some secret strategy)

And these funded trader programs are simply experiences. And it’s sad. Because these individuals could just trade in the real market, and it’s obvious. But I guess not.

Good morning,

How would you define this trade......its Friday your trading NQ mini not micro, you immediately don't like the trade and you exit close to BE? To me its being a smart trader. When i sent my funding request in they denied because they said the trade took a couple seconds with a mini and told me i flipped lol, One of my strategies is 20 ticks on NQ, I sent them my Rtrader report showing how long i am in these 20 tick trades.....most a second or 2...... you already know if your trading NQ this is very average for 20 ticks as i proved to them with my Rtrader reports. I've had numerous payouts without a problem, then they start this.....I trade these type of prop firm accounts from time to time for fun as i also trade other accounts. I messaged Daryl Martin on Messenger and he replies "it was a few seconds it was a flip" I tried reasoning with him and proving that most of my trades, even the ones i was paid on only last that long, I was blocked lol. So i started a new 10 days with these passed accounts already and i emailed support and told them i would now for 10 days be trading 1 micro with a 5 tick profit, traded for 12 days, now 22 total, denied again for flipping even though i stayed consistent throughout and knowing that i should have been paid 12 days ago rather than denied.

I emailed support the following, they never replied.

"I diligently traded for 12 consecutive days without engaging in flipping activities. As noted in the attached email, my consistency spanned over 10 days, with a defined profit target of five ticks per trade. Throughout this period, I maintained steadfast adherence to my trading strategy without any deviation. If there are concerns about the method of trading micros over a 10-day period and its compliance with account grouping policies, I kindly request clarification supported by explicit documentation of such regulations.

The provision of up to 20 accounts is intended to accommodate diverse trading strategies, which I have diligently utilized to secure profits consistently through micro trading. The specific profit amount attained is immaterial, as I consistently adhered to predetermined profit targets and stop-loss parameters. Regrettably, the current circumstances have left me deeply unsettled, prompting consideration of public disclosure to seek external perspectives due to the lack of clarity provided.

I have remitted $170 from my account for the second month subscription for these two accounts. However, the conduct exhibited in our interactions falls short of professional standards. As a conscientious trader, I feel compelled to shed light on my experience with your services, ensuring transparency for potential stakeholders"

Maybe i missed something in the fine print? But let me reiterate I have been paid numerous times trading like this already into my bank account, maybe they just don't wanna pay me anymore? I don't know.



As a 15 year member here i wanted to share my most recent experience that it might help others make better informed decisions when looking at these type of companies.

I hope everyone has a great weekend !

I mean it really comes down to emotional maturity I guess. If you treat online sim prop firms as a gamble, then you wont be a successful trader. If you trade with as an avenue to get experience and potentially receive payouts, then its a great opportunity, and slightly better in my opinion than just sim trading alone. The potential payout and money you put in should be used to make it feel a little more real, you experience the pain of loss and the euphoria of fans and hopefully are trying to recognize these feelings so you stop trading while emotional. Again if its abused as cheap trading for a big win, then yeah you're just teaching yourself bad habits.

If you look at numbers, all online prop firms are a bad deal if you're an actually good trader. You pay $50 a month, have to make $3000 (with a live trailing drawdown following you so you are forced to basically scalp) and then you have to pay them $150 more just to make $3000 more before you can take a payout? Thats a bad deal no matter how you slice. I paid for it as a learning experience, and I feel I am a better trader because of it. Now I treat them as additional trading account, or during high volatility (can still take payouts, but protects my initial investment to the month(s) of eval+funding fee)

The requirements ensure an incredible number will fail, and the lovely thing about funded trader programs is that the 99% that fail will resubscribe the next month perpetually and indefinitely.

There’s nothing wrong with failure, there’s something wrong with failure when the objective is false in the first place And you’re being let along to resubscribe every month. You weren’t even doing the real thing that’s what’s sad.

It’s like you’re living a false life, and you know it’s false because every time that you do something stupid, you respawn for $49. You can imagine that life would be very comical and that people would accomplish nothing.

Whereby you put $500 into a futures trading account and trade micros ($1 a contract).

Here’s the deal, you just mentioned that emotional maturity is necessary, you don’t gain that till a few years into the thing, that means that the 99% that are the population of funded trader programs are simply fodder, they are customers paying indefinitely for an experience, the same as an experience of going to the movies and watching a favorite actor, 🤩 .

It’s simulacra!

Snap out of it.

What I cannot understand is that, on the one hand, a serious trading style is required (whatever that is supposed to be), but on the other hand, 1-day pass offers are now being made for qualification, where rules are more or less does not matter. It seems to be a way to attract as many traders as possible, instead of sorting out the "serious" one's.

I think that's exactly it. They want people to spend as much as possible and YOLO the accounts just to pass it in a day. Thinking that if they have 10 accounts they'll be making thousands a day. They're selling a false dream.

The sad reality is that if you YOLO your accounts, it's setting you up for failure, as you haven't learnt to trade with consistent discipline.

To add insult to injury, Apex then employ a strict set of loosely defined rules. You cannot average into trades, you cannot change trading style, you have to be able to explain your strategy(who wants to give this away\!?), you cannot change size, you cannot trade news, you cannot trade the market open. Etc.

The worst one is that they say you can't "chase the market"!? What does this even mean? I can't buy in an uptrend? What trades can I take that don't fall foul of one of their rules? Of course I'm going to buy when I think the market is going up.

Those rules are ridiculous, and the world is structured in a way that if you don’t see what’s obvious, smarter players take advantage of that ignorance.

Again, with rules, like these, a trade is happening. The funded trader program participants are ‘dumb money’, and the owners and proprietors of these funded trader programs are smart money. Smart money takes from DUMB MONEY.

And I think this type of trade is the most lucrative of all types of trading because, the type of people that get on funded trader programs not realizing what’s obvious, keep coming back and the numbers that gravitate towards these ‘trading experiences’, the revenues funded trader programs generate must be immense.

And with rules like those, the 99.9% in these funded trader program are LIVESTOCK.

Trade in the real market. it’s $500 to trade a micro account, if you’re not able to put together $500, please don’t contemplate this path in a serious way.

WHY?

Funded trader programs are a thrilling experience, kind of like skydiving. You learn nothing but it’s a fun emotional roller coaster, the funded trader environment is set up to provide an experience (understand what it means to be provided with an experience).