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Transcript
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What’s going on guys so I’m going to give you the truth about Apex Trader funding um before I get into this uh make sure to come on our live stream every day 1:30 to 4 we trade live and uh do not pay full price the best deal currently is 80% off use coupon code Cove Trader it’s in the description of this video and uh you’ll get the best deal on apex accounts all right so I’m going to dive into the truth
About Apex and the things they offer and what you should stay away from and everything like that so currently the deal that they’re running is um if you use the coupon code it’s 80% off and uh that’s a good deal you know they’re going to deal might or might not change in four days time so if you like the deal Now’s the Time to take a advantage of it I don’t know what’s coming up next but they also have the 250
Uh 150 and 300K if you pass it’s $85 but uh onetime fee for funding while the other ones are 105 but let’s take a step back why do you think they’re giving you a deal on the 150s 250s and 300s well the deal is because they are so much harder look you need not $9,000 to pass a 150 right 9,000 15,000 on a$ 250 and 20,000 on a 300K I mean why there’s so much harder to pass so say the pass
Rate like for me personally my pass rate on a 50k if I’m not yoloing and just going for real I passed one and two and when it comes to the 150k I’m passing like one and four one and five so my pass rate is twice as hard if not even further that it’s not cost effective to do it it’s just not and then on top of that once you pass I then have to make another $5,100 on the 150k just to
Get money out so at that point I’ve made $114,000 why if you took A50 DK you made $33,000 and then you make another 2,600 you made $5,600 and you’re pulling out two grand that’s almost a third Less on a 50k to get $22,000 and you got to do three times more profit to pull out $2,700 or 2750 on a on a 150k so the Trap is you know their quote unquote onetime fee is $85 but they have the data on the
Back end that’s telling you that they know less people pass and they make more money by having you guys do the 150s 250s and 300s so that’s why I stick with the 50ks that’s the truth um you know it’s like anything when they’re giving you something there’s something behind it and that’s the data behind it is showing that they make more money when you guys do the higher accounts because you got to make so much more and it’s not even a
One to one where like 50k you know 3,000 profit but you have a two a 2500 draw down this is literally the profit is uh two and a half times your draw down on here and it’s just it doesn’t make sense um just they’re so much harder to pass and they know it and that’s why they’re giving you the deal on it so don’t fall into the it just don’t fall for it um and then I know obviously there’s a lot
Of negative stigma about them not paying and all this stuff so what happened was a couple months back during one pay period they basically started enforcing rules that they never enforced before and didn’t pay out a lot of people I personally think I have no I don’t have any inside information I purposly I just think that there was some type of cash flow issue and what they figured out was if we enforce the rules one time um it would stop this
Cash flow issue and then going forward um you know they probably have all the numbers on people who DCA that would have lost accounts but then got them back and said hey if we enforce this one time we can save on the payments which would give us a little more cash flow and then um how much extra money they would make by now having people not yoloing in on dcas and just kind of trading normal and uh and they would make
X amount of dollars it’s all all these prop firms they make money by you blowing accounts they’re not making money by you pulling money out or by following your trades the most of the money they’re making is by you blowing accounts um do I have Apex yes here’s my Apex account I’m funded with Apex I have four funded accounts here here I have three funded accounts on my computer I I do payouts you know this isn’t a negative Apex video This
Is Me explaining to you Apex along with any other Pro firms they make money by you uh losing accounts so I would stick to accounts that are more easily able to get funded and not only that e more easily for you to get uh payouts you know you know you don’t need to DCA to get payouts if you have a good strategy and if you don’t have a good strategy you should be you know kind of asking around be on the
Live stream and and learn um but yeah that’s that’s my take on why they’re giving you the bigger accounts versus the smaller accounts and um you know I think that’s what happened that one time but since then I don’t know anybody who’s been denied since then so you know they paid out myself they paid out people in the chat I don’t know anybody that’s been denied since that one time that they really cracked down um and could it be people aren’t
DCA now yes but I’m just saying that um you know what I’ve noticed was payouts are not being denied anymore it’s almost like they got an influx of cash and now they’re running this deal where people are trying to get 150s 250s 300s blowing more accounts and I think think that they’re back in a great spot um that’s my personal thoughts um would I use Apex yes um I use them the accounts are not that much money uh tradebit accounts are
Like 37 bucks with the coupon code rhythmic accounts are $33 um and then people have asked me do you do the one time or the monthly I always do the monthly because I just feel like if I blow the funded account without without getting paid I Sav myself 60 bucks and if I have it for longer than a month at that point I’ve gotten a payout so I’ve made I’ve already pulled out $2,000 so I’m all good at that point and
Uh it is what it is so that’s my thoughts that’s my truth what I think happened um you know and then you know how it all works on the back and I I say just stick to the 50ks and um just keep it going like that I think they’re more easily able to get funded and then easily to pull out money versus the other ones you have to make this massive profit goal um also what happens is a lot of people
Don’t get this profit goal in a month and now they’re rebuilding you another month and another month and now they’re making money on the rebills so these are all things that you got to look at when trying to get these bigger accounts um you know and that’s just my thoughts uh I don’t have any hard Ence or anything like that it’s just my thoughts I know there’s going to be negative people about Apex it is what it is I’ve never had
A payout declined I don’t DCA into positions I trade my normal trading and I get payouts so that’s my thoughts obviously I am fully prepared for the comments that are going to be rolling in on this video so it is what it is um you know everybody has their own thoughts on them but that’s uh those are mine so feel free to comment I am ready for it all right and hope hopefully I uh see all you guys on the stream
All right
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