I’ve been dabbling (ok, more than dabbling) in prop firm futures trading for a couple of years, now. I’ve had some success, but have consistently lost money. Every time I blow an account, I get down on myself for being so stupid. I mean, I have like an 80% success rate for my trades. But, […]
Prop Futures Musings Read More »
Apex Trader Funding went through a tough patch in June. Their growth was so accelerated that they decided they needed a dedicated server with Rythmic. I applaud the effort, but the implementation was difficult and error prone. I still hear complaints of lag and difficulty exiting trades. Don’t get me wrong, I still think Apex
Decided to try Take Profit Trader Read More »
I had a shower thought this morning… When I’m in a losing trade, I tend to hold on to that trade with the hope that it’ll come back. I guess that makes me normal, but what is the real story? The epiphany is holding on or not is we’re not talking about what is already
Need to forget order status Read More »
After reviewing my losses over the last couple of weeks, I’ve realized my worst days are bear days. That is, I suck at trading when the market drops! I guess I’m an optimist at heart – but that is not good when trading! So… I’ve decided to create an account that ONLY trades in the
I came across this price action pattern today that I’ve seen before. I thought it may be worth documenting for the future. I have noticed that there are times when a strong bullish trend is presented when there is a smaller slow down candle. Then, shortly thereafter, a relatively stronger bullish candle. There have been
Price Action Setup Example Read More »
In the fast-paced world of trading, futures prop firms have emerged as a popular avenue for traders seeking to leverage their skills without risking personal capital. Among the myriad of prop firms available, Apex Trader Funding stands out as a robust platform designed to cater to both novice and seasoned traders. In this post, we’ll
Exploring Futures Prop Firm Trading with Apex Trader Funding Read More »
Once again, I got greedy and blew my last performance account (PA). I took a few days off and decided to try again since APEX was still offering one day eval passes. Also, it would be a shame to have paid my dues to this point and then just quit just as I’m at the
New Start – Account 46 Read More »
Introduction The Consumer Price Index (CPI) is a crucial economic indicator that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. This index is not only a marker of inflation but also a tool heavily monitored by investors, especially those involved in
Effects of Consumer Price Index (CPI) on Futures Trading Read More »
In the high-stakes arena of futures trading, success is not just measured by the wins, but significantly, by how losses are managed and accepted. The difference between perennial winners and those who struggle lies in their mentality towards losses. This article explores the vital concept that, paradoxically, the best losers are the ones who often
The Best Losers Win: Embracing the Art of Accepting Losses in Futures Trading Read More »
In the fast-paced world of futures trading, where fortunes can be made or lost in the blink of an eye, it might seem counterintuitive to talk about patience as a virtue. After all, the markets wait for no one. However, the seasoned traders know that patience is not just a virtue; it’s an essential strategy
The Virtues of Patience in Futures Trading Read More »
Got a late start this morning, so I decided to take a breath and watch a trading video or two. I recently came across the Peachy Investor channel and I have to say this lady gets it! I know, I know, there’s a lot of “experts” on YouTube. But, what I like about her is
Setting up the day Read More »
