Drawdown doesn’t increase to whatever it would be for one account times X amount of accounts. Drawdown remains the same as it would be for one account and is incurred across ALL accounts equally when copy trading. If you copy trade 20x accounts and hit the max drawdown of $2500 in the master account, you have not only blown the master account but subsequently all 19 additional accounts as well.. be careful y’all
It's really misleading to state that you have higher drawdown with more 50k accounts. Drawdown is 2500, if you copy trade, drawdown remains 2500 altogether. You blow one, they all blow. With the same idea you stated then you'd have 18k in goal to accomplish, not 3k. All accounts are individual to each other.
its always that 1 person thats going to have something negative because ether they cant afford to do what he talking about or is not a good trader lmaooo even if it 2500 why in any world would u even get close to that when all u need to make is small trades like $150 x 20 accounts = 3k per day if u cant make $150 with out going into deep draw down u dont need to be trading get a job tf lmaoooo
@ItsJynxWorldReactions smh, I never said I traded, I simply watched an informative video of which a small piece of the explanation doesn't add up, according to uhh, math. I simply commented on that and said nothing else regarding the whole video. It's becoming boring entertaining the airheads looking to offend as opposed to educate.✌🏿
@@rhknight6649 That's like eating an apple a day for a year and saying you now own 365 apples. Your adding up things that don't actually equate to a real result. You don't own 365 apples do you? You don't have 15k in draw down.... do you.
@@InTheStreetzTvRELOADEDD Yeah true you should be able to make 150 easy that's why you use a copier. if I said you have 15k draw down. Well you also have a 18k profit target. but that's not true is it? your profit target is 3k. thats copied 6 times. your drawdown is 2.5k... copied 6 times. Copying is different from multiplying.
how do you have $15k drawdown available? its the same draw down across all accounts so if you trade copy from a "master account" and copy that trade to all 14 accounts, then you are drawing down all accounts equally. Its just $2500 draw down 14 times.
You risk less per account without reaching the maximum drawdown. If TMD is $7500 with one huge account, you can get 10 small accounts with $2500 MD and increase your MD to $25000.
It’s also the same exact amount required to pass in terms of percentage as a 300k account. Both 50k and 300k require 6%. If he’s using a trade copier its exactly the same
I mean, it's not really $1 million. I don't know why they do that. Really you have about $50k in equity to manage with the ability to over lever yourself unless you've actually built cushion instead of taking payouts.
Last time I've checked was not possible to open braket orders in group mode, you have to manually enter stop loss and take profit which is quite unmanageable when fast scalping on futures. Also you can't group accounts from different prop firms
i think i just wasted 150$ buying the copier, i didnt realize that i could group them all togther in tradovate. i will be honest, it didnt let me group the accounts togehter before i purchased the copier. or i was doing something wrong
@@michaelpiotrowski6795 Manual entry is mostly for gamblers that don't know how plan their trade. Only exception is for those few hi-freq traders that are able to work consistently on sub-minute timeframe
Yes I learned the hard way from having my SL and TP set. DONT do it! I’ve almost lost all my accounts because of this. Even if you select desync if your position fills and hits your TP it will most likely reverse your position after your take profit. NO ONE explains this. I had to email Apex Investing MANY times to get clarification on this.
No, a 50k account does not mean you are working with 50k worth of funds. Your drawdown is essentially your account size so with a 50k, you have a 2.5k account...They can call the account whatever 50k, 100k, or even 1 million for marketing purposes. Like look at the "100k" static account. The buying power and drawdown is less than that of their 25k account. At the end of the day it's all sim monopoly money but they are paying you and putting a cap on it because few actually can become consistent over several months vs getting lucky initially and a very small few actually make it to a live account.
Why don’t you just call it 14 or 20 accounts if I heard you right? I have 20 myself and I can assure I am not managing million dollars lol. It’s also 140 for a 50k not 105
Hey Chad, great video but kinda wanted to know what are the costs to pay when you get funded? Like you pay x amount of cash to get access to market data when you are funded, etc, hope you can answer
What do you trade and what lot sizes with the $50K accounts? I'm trying to find a good lot size for US30 and Gold with $100K. Thanks Note: Just saw where you share results so maybe you share lot sizes there?
Hi, Thanks for the video. You said it is psychologically easier to see for example when you are just trading one account and seeing just $150 in loss vs. seeing $1500 in loss (10 accounts). But when trading say 10 accounts using "account group" you have to select 10 contracts when placing the order. When you do that under "position" would it not show $1500 in loss vs. just $150 since your quantity is 10 contracts and you are trading under "account group" that has 10 accounts? Thank you!
Hi Chad, your videos are very valuable, thankyou for doing these videos. I have a question. I have my PA with APEX. I use Rithmic. I like to get 18 more accounts. Is it possible to add copier and connect all 20 in Rithmic. You said you are using Tradovate. If yes, can you please make a video how to connect copier to Rithmic. Thanks.
Nice, can i add accounts that are in evulation? so if i have one funded can i add some new accounts and pass evaluations while trading my live account?
You should remove this video as the 15K draw down is wrong. Also, you aren't trading 1 million if you are still within the range of the draw down (52,600 in your case for each account). The drawn down stops following your balance after that. Meaning, if you have 62,600 you have 10K room to play with.
Why wouldn't you actually do 20 $100k static accounts? You only need to make $2,000 to pass and there is no trailing draw down. You can easily use the micros to make $2k in one month, pass and spend another month building a $2k buffer and then you've got $2 million. By just creating a $5k buffer across those accounts you can trade the two full minis allowing you to trade 40 mini contracts across all the accounts which is about $500 a tick. Just 4 ticks and you make $2,000 a day. I don't get why all these videos I watch about this nobody is using the OBVIOUS best choice which is the static account.
Could you copy trade from there to your other Tradovate accounts such as tradovate from topstep or personal tradovate? 20 accounts is nice, but what's wrong with 40? Why cap it to 20 Apex?
@@DLSmith05 hey man, i use tradovate via apex as well. it wasnt allow preset tp nor sl if you copied mult accounts. so you mean you could have it work while trading through ninjatrader?
Yes, but you need a different trader copier. Look up replikanto trade copier and how to use it or you can use the Apex trade copier. Everything is setup in ninja trader and then you just login to tradingview and execute from the lead account there
Is your prop firm for stocks as well? I heard you mention /ES, which is Futures. I'm curious if you trade stocks and forex with a prop firm or solely Futures? Also - Is there a way for others following you to copy your trades? 🙃 I.E. EToro. Thanks for sharing this info w/us Chad.
Yeah that $50k is really a $2500 account these numbers must really be just branding. No company is going to let you trade the full $50k, nor would you want to
When you said you are able to purchase 6 , 50K accounts at one time, are you also able to copy trade those 6 accounts so you can pass them at the same time?
Because he trades Futures. It’s already highly regulated given the fact that the S&P 500 is often times used for 401ks, life insurance, and pensions. Whereas Forex is not.
Interesting! So if you pass the evaluation process you get $50,000 to trade with in one account…?! What happens if you blow that account do you have to pay back the $50,000?
@@chadtrades Looks like you have no idea about these prop firms....a 50k account real size is the size of the draw down. The draw down on a 50k Apex account is $2500. That is your risk so that is you account size. $2500 x 20 = $10,000 of virtual money. You dont get to play with a $50,000 virtual account. You only have $2500 of risk. You lose that 2.5k and you are done. Where is the $50k ???
you guys are so stupid in criticizing, that you don't understand that even by trading with 2 miserable micro nasdaqs, if you are decent traders, you can easily make a daily profit of at least 100 dollars which multiplied by 20 is 2,000 dollars a day x 20 days becomes 40,000 dollars in a month
Brother , different prop firms have different brokers , which have different price for the same security (cfd) which means I put a stop loss on us30 from my master account it could trigger on other brokers and not on others . So how do you tackle this ?
No one gets a million dollars or even thousands of dollars in trading funds my boy, all everyone gets is a max loss limit which depending on what you bought could be anywhere from $1,000 to $7,500 and on a sim account. Stop believe online prop firms when they offer you $25,000/$50,000/$100,000 “worth of funding” they’re not giving you that.
