DislikedThere should be cap size on size of DCA like trader can trade 10 micro how ever they want.Ignored
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
DislikedThere should be cap size on size of DCA like trader can trade 10 micro how ever they want.Ignored
Disliked{quote}-Yes. But it is a necessary compromise, I think. Having this DCA rule will be better for the firm's longevity (assuming that their claims of DCA-bot services are true). People like us are collateral damage for those that need DCA in order to remain profitable, I suppose. A small concession, considering the opportunity.Ignored
Disliked{quote}-Personally, I think it beats getting denied, then account closed, then blacklisted etc.. At least this way, you have a chance to earn it honestly even though you clearly broke the rules. I also think that the 10-days is a minimum, so 2k per day may not be accurate. Probably, you could make back the 20k honestly, over as many days as you wish, so long as it is 10-days minimum. The fact that you still get to keep the original 20k that was earned by breaking the rules is no small thing, either. Probably, they could say that the original 20k...Ignored
Disliked{quote}-Ideally, yes. But if Apex is really facing a huge problem from people using DCA-bot services, then even allowing multiple micros would allow for the abuse to continue.Ignored
DislikedBut here is the thing, I can close 1 micro where I'd normally add and open 2, close that where I'd normally enter again and enter 3.....not against the rules and the same thing. Actually works out better as I am doing my own FIFO.Ignored
DislikedWhy not just do 4 days of 150$ whats the point of rest of 4 days i.e total 8 days. SHould follow topstep in this case.Ignored
Disliked{quote} UPDATE Funding Pips 5k Live Funded = down by 8% 5%ers 5k Phase1 = down by 6% EVERY TRADE IS JUST ENDING AS A LOSING TRADE FOR NO REASONIgnored
Disliked{quote} But here is the thing, I can close 1 micro where I'd normally add and open 2, close that where I'd normally enter again and enter 3.....not against the rules and the same thing. Actually works out better as I am doing my own FIFO.Ignored
Disliked{quote} UPDATE Funding Pips 5k Live Funded = down by 8% 5%ers 5k Phase1 = down by 6% EVERY TRADE IS JUST ENDING AS A LOSING TRADE FOR NO REASONIgnored
DislikedDCA have an easy fix again - Lower the leverage, but then of course failing the account is slower and selling dreams is harder. 100% gain for several weeks is possible only with very big risk, whatever (DCA or not) the strategy is. And yes, it is gambling.Ignored