Trying to Manage these Trading Combines. Anyone else?

Discussion in 'Prop Firms' started by legionx, May 28, 2020.

  1. p0box4

    p0box4

    The thing is, most people who do these kind of evaluations have very unrealistic expectations.

    With the $50K account you can withdraw $4K per month for the first 3 months and then unlimited after that, why wouldn't that be enough?
     
    #121     Dec 27, 2022
    DevBru likes this.
  2. ZTrader888

    ZTrader888

    It's not "enough" because it's their money, not APEX's. They should be able to withdraw their profits at any time. Period. But wait - they also have to cover that $6,000+ activation fee before they make any profit at all. You're working for APEX. And APEX is going to blow up - big time. Guaranteed.
     
    #122     Dec 27, 2022
  3. ZTrader888

    ZTrader888

    That's what you're hoping for, right? More resets, more subscriptions? The activation fee on a $50,000 would be $2,800 for 20 accounts. If the blasted business model is so unrealistic, why are you offering it???? Guess what - it's a cash cow, rinse and repeat. Blow up time is coming.
     
    #123     Dec 27, 2022
  4. Sekiyo

    Sekiyo

    When you have ZERO skills,
    You rely on luck.

    Luckily, one of these will be a success.

    Sell -> Sell -> -10 (Failed)
    Sell -> Buy -> -5 (Failed)
    Buy -> Sell -> +5 (Failed)
    Buy -> Buy -> +10 (Passed)

    Might be worth the investment,
    Who knows …

    If you pass 2 combines,
    You buy some ES in one account,
    You sell some ES in one account.

    At the end you might end up with 50k - costs
     
    Last edited: Dec 27, 2022
    #124     Dec 27, 2022
  5. p0box4

    p0box4

    That's not what the guys with 20 accounts are doing.
    They are copying the exact same trades in each account, makes 0 sense.
     
    #125     Dec 27, 2022
    Sekiyo likes this.
  6. Sekiyo

    Sekiyo

    Indeed :thumbsup:
     
    #126     Dec 27, 2022
  7. goto quit my dayjob and trade from a yacht $4k isnt going to cut it. agree with unrealistic exceptions this is also pushed by the companies they expect you to make 100% in 7-15 days or at a min 30 days if you dont want to be rebilled.


     
    #127     Dec 27, 2022
  8. speedo

    speedo

    It would make sense for someone who duplicates their trades for clients, family or friends. Not something I would want to do but it would make sense for some.
     
    #128     Dec 27, 2022
  9. Topstep

    Topstep

    They sell multiple accounts for cheap so they can ding you on the backside with activation fees for the accounts you pass.
     
    #129     Dec 27, 2022
    ZTrader888 likes this.
  10. p0box4

    p0box4

    But no-one forces anyone to buy multiple accounts :).

    If you compare 1 account vs 1 account it's clear who has the better offer, at least in my opinion.

    As i have stated before, it's stupid to buy multiple accounts, but it's even more stupid to compare the cost of 20 accounts vs the cost of 1 account, like Ztrader does.
     
    #130     Dec 27, 2022
    DevBru likes this.