How To Trade Apex $250K Account
ES Price Map (Single Prints, VPOCS, News Drivers,...)
Website for ES MES Trading Room (Back Up)
TRANSCRIPT:
All right, guys, let's talk about this awesome $20 deal on a 250k account at Apex. How would we trade it, being risk-first? So, from their website, this is from their website. Ignore the number of contracts; it literally means nothing. Just consider that the number of ways you can screw yourself—that's what that is. How many possible ways can I screw myself? You want to know that? Look at that number. Otherwise, look at the most important number on here, the only number that really matters. That is the $6,500 drawdown. That's the only number that matters. Everything else is just crap. It's marketing, one-day pass, whatever. It doesn't matter. Forget all that. $6,500 is the only number that matters. So, how would I trade this on an overall, 30,000-foot view? Two trades a day. Two winners, two losers. One winner, one loser. Two trades, you're done. Be a sniper. Be a surgeon. Be picky. Trade the AM only. You want the level to have a backup level with additional confluences. We've got a front side and a fair value gap with VWAP as a backup level, where the VWAP has been respected previously during the morning. We've got overnight halfback, and it's the third ladder we're in that is worthy of one of two trades. Look at it as you only get two trades, and which one do you want it to be? Be proud of it. It could be one trade today; it could be zero trades today because you're being picky. AM only. Backup level plus confluences. Here's how I want you to do it: take your drawdown, divide it by 250, and that's the number of MES contracts. So, get out your phone or pop up your calculator. Punch in 6,500 and divide that by 250. 6,500 / 250. What does that equal? The answer is 26. So, you have 26 MES contracts. Or you could say, you know what, that's like 2.6 ES. I'm just going to do three ES. I'm fine with that. The problem with the ES contracts with Apex is you have a real-time intraday trailing drawdown you have to worry about. It's not an end-of-the-day drawdown. Every trade matters, and you're sweating drawdown every single trade. So, because of that, I want to use as little of this as possible. That's my humble opinion. I want to use as little of that as possible. Your mileage may vary. Other people have different opinions about managing drawdown. I like to use as little of this as possible. So, what I would rather do instead of trade three ES contracts and worry about drawdown in a runner situation, and we have too many runners for you to ignore, we are really good at 10, 20, 30, 40 plus point runners. We're really good at those. Give yourself the opportunity. You're only in two trades. Wouldn't it be nice if you have one trade and you manage it for five hours? That's okay. That's not a bad way to go. Talk about stress-free trading. So, how would I manage those 25 contracts? The way I would look at it is five sets of five. Okay, five sets of five contracts. Possible way to trade it: take five off at one point, two points, three points, and four points. If you did that with the first 20 contracts, it would be $250. That'd be like trading one ES contract and making five points. Heck, if you wanted to just trade one MES, one ES contract and say, I'm either taking a full loss or five points, I don't know about that, but hey, that's an option. This just makes more sense to me. Peel these off at 1.2 points and then move everything to break even, and then try to get three points, four points, and then your runner is the five additional contracts. Okay, I'd much rather be in a running situation with five MES contracts, which is half an ES. Half an ES, and then every 10 points peel one off. It's coming up to a strong level that we haven't tested. Take one off. You're coming up to a 30-minute level. Take one off. You're managing that drawdown while staying in the trade and taking off contracts before price bounces back in your direction. I'm going to give you another way to trade this. So, the 6,500 divided by 250 is 26 MES contracts or 2.6 ES contracts. Here's what you could do. Because we require two-candle clearance, we see these trades coming. You could enter two contracts ES, take them off 1.2 points, 1.3 points, whatever you want, and enter six MES contracts. So, have your DOM up. ES, I'm taking two contracts. MES, I'm taking six contracts. The MES is your runner situation, and the other ones are your ES situation. That's okay too. You can do that as well. You've just got to have a little extra management that you're dealing with because you're now entered into two different symbols, ES and MES. But it is a way to do it. I think just doing the MES is an easier way to do it. Set your take profits. Have a runner with five contracts, which is half an ES. Every 10 points or every time it comes to a high time frame level, you take one off. You take one off. You take one off. Of course, you're always looking for opportunities to add back into your trade. You could add back in sets of five if you wanted. That's okay because you're in a winning trade. You can certainly add to your winning trade, and that's preferable. So, I like this. Two trades a day. And the reason why it's two trades and this 250 is because really, it gives you two trades to be full losers and still give yourself plenty of room to not blow your account in less than five days. And I think that's really important, to give yourself multiple days to blow an account, in my opinion. And if you follow our system, that's almost impossible. It's only when you go crazy does it become a problem. It's only when you go crazy. And so, if we got into two good trades in the morning and it did this, you'd make 250 and 250. That's 500. That is 10 ES points. I'm sorry, but 10 points a day is fantastic. And then if we get that runner situation, you know as well as I do, you can double and triple and quadruple that in the runner. So, this is my recommendation, and I wish you the best of luck. ▶️ ES Price Map: https://microstrader.com/price-map/ ▶️ Core Strategy Explained: https://microstrader.com/core-strategy ▶️ Membership Options: https://microstrader.com/membership-options/ ▶️ Zoom Pass: https://microstrader.com/zoom/ Emini Trading Room & Trading Academy 📣 🆆🅷🅾 🅰🅼 🅸 Lean in and listen to me... I will be candid and frank with you. I am NO "Guru"... nor do I claim to have invented ANYTHING. I combined several techniques together, made a few tweaks and adjustments for ES.. and viola.. the Core Strategy was born! I am professional full time MES Micro Futures Trader who leads other futures traders through the price action DAILY on ZOOM. We trade our Core Strategy together, as a team. Together we trade better! Come join us! 📋 🅾🆄🆁 🆂🆈🆂🆃🅴🅼: Micro Traders: At the very essence, we are “bounce traders”. You see… with high certainty, we know where the price will bounce. We play the bounces. Sometimes the bounces are counter-trend, and sometimes with the trend. Personally, I love “With The Trend” trades. They offer lots of juice for the squeeze. 🎳 🅼🆈 🆂🅾🆄🆁🅲🅴🆂: Our System Is A Combination of: * Cotton: His information is central. Watch every video 2-3 times! Cotton wrote "the book" - I trade it with ES/MES. I highly recommend to my traders to watch ALL of Cotton's videos and join his Discord. Heck, join his mentorship if he still offers it. Then, IF you are interested in trading with some MES/ES traders using Cotton + Market Profile + some ICT Concepts, join our trading room. LINK TO COTTON VIDEOS: https://www.youtube.com/c/c0tt0nc4ndyTA/videos (I watched them ALL 3X plus joined his mentorship for a time) * ICT (2022 Mentorship, specifically. He is a madman!) https://www.youtube.com/c/InnerCircleTrader/videos * Market Profile (Shadowtrader, Paul Asmar from CamelBack trading, Dalton). I combined these three systems to create a complete scalping strategy. Interested to join a trading group that uses this philosophy? https://www.MicrosTrader.com I am NOT a financial adviser. I do not promise ANYTHING but some education. I do not guarantee results. I don't know you from Adam - you might be as intelligent as a sack of rocks. Or over emotional like a scared cat while trading. I have NO CLUE if you can trade successfully. ONLY YOU know if YOU are coachable. Trading IS hard, emotionally speaking. Trading in a group HELPS! I will help guide you to start smart by starting small with a high-probability system. You will paper trade first until YOU feel ready to go to the next step. RISK NOTHING while learning this system. Commodity Futures Trading Commission. Futures and Options trading has large potential rewards, but also large potential risks. You must know the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Testimonials Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
Website for ES MES Trading Room (Back Up)
TRANSCRIPT:
All right, guys, let's talk about this awesome $20 deal on a 250k account at Apex. How would we trade it, being risk-first? So, from their website, this is from their website. Ignore the number of contracts; it literally means nothing. Just consider that the number of ways you can screw yourself—that's what that is. How many possible ways can I screw myself? You want to know that? Look at that number. Otherwise, look at the most important number on here, the only number that really matters. That is the $6,500 drawdown. That's the only number that matters. Everything else is just crap. It's marketing, one-day pass, whatever. It doesn't matter. Forget all that. $6,500 is the only number that matters. So, how would I trade this on an overall, 30,000-foot view? Two trades a day. Two winners, two losers. One winner, one loser. Two trades, you're done. Be a sniper. Be a surgeon. Be picky. Trade the AM only. You want the level to have a backup level with additional confluences. We've got a front side and a fair value gap with VWAP as a backup level, where the VWAP has been respected previously during the morning. We've got overnight halfback, and it's the third ladder we're in that is worthy of one of two trades. Look at it as you only get two trades, and which one do you want it to be? Be proud of it. It could be one trade today; it could be zero trades today because you're being picky. AM only. Backup level plus confluences. Here's how I want you to do it: take your drawdown, divide it by 250, and that's the number of MES contracts. So, get out your phone or pop up your calculator. Punch in 6,500 and divide that by 250. 6,500 / 250. What does that equal? The answer is 26. So, you have 26 MES contracts. Or you could say, you know what, that's like 2.6 ES. I'm just going to do three ES. I'm fine with that. The problem with the ES contracts with Apex is you have a real-time intraday trailing drawdown you have to worry about. It's not an end-of-the-day drawdown. Every trade matters, and you're sweating drawdown every single trade. So, because of that, I want to use as little of this as possible. That's my humble opinion. I want to use as little of that as possible. Your mileage may vary. Other people have different opinions about managing drawdown. I like to use as little of this as possible. So, what I would rather do instead of trade three ES contracts and worry about drawdown in a runner situation, and we have too many runners for you to ignore, we are really good at 10, 20, 30, 40 plus point runners. We're really good at those. Give yourself the opportunity. You're only in two trades. Wouldn't it be nice if you have one trade and you manage it for five hours? That's okay. That's not a bad way to go. Talk about stress-free trading. So, how would I manage those 25 contracts? The way I would look at it is five sets of five. Okay, five sets of five contracts. Possible way to trade it: take five off at one point, two points, three points, and four points. If you did that with the first 20 contracts, it would be $250. That'd be like trading one ES contract and making five points. Heck, if you wanted to just trade one MES, one ES contract and say, I'm either taking a full loss or five points, I don't know about that, but hey, that's an option. This just makes more sense to me. Peel these off at 1.2 points and then move everything to break even, and then try to get three points, four points, and then your runner is the five additional contracts. Okay, I'd much rather be in a running situation with five MES contracts, which is half an ES. Half an ES, and then every 10 points peel one off. It's coming up to a strong level that we haven't tested. Take one off. You're coming up to a 30-minute level. Take one off. You're managing that drawdown while staying in the trade and taking off contracts before price bounces back in your direction. I'm going to give you another way to trade this. So, the 6,500 divided by 250 is 26 MES contracts or 2.6 ES contracts. Here's what you could do. Because we require two-candle clearance, we see these trades coming. You could enter two contracts ES, take them off 1.2 points, 1.3 points, whatever you want, and enter six MES contracts. So, have your DOM up. ES, I'm taking two contracts. MES, I'm taking six contracts. The MES is your runner situation, and the other ones are your ES situation. That's okay too. You can do that as well. You've just got to have a little extra management that you're dealing with because you're now entered into two different symbols, ES and MES. But it is a way to do it. I think just doing the MES is an easier way to do it. Set your take profits. Have a runner with five contracts, which is half an ES. Every 10 points or every time it comes to a high time frame level, you take one off. You take one off. You take one off. Of course, you're always looking for opportunities to add back into your trade. You could add back in sets of five if you wanted. That's okay because you're in a winning trade. You can certainly add to your winning trade, and that's preferable. So, I like this. Two trades a day. And the reason why it's two trades and this 250 is because really, it gives you two trades to be full losers and still give yourself plenty of room to not blow your account in less than five days. And I think that's really important, to give yourself multiple days to blow an account, in my opinion. And if you follow our system, that's almost impossible. It's only when you go crazy does it become a problem. It's only when you go crazy. And so, if we got into two good trades in the morning and it did this, you'd make 250 and 250. That's 500. That is 10 ES points. I'm sorry, but 10 points a day is fantastic. And then if we get that runner situation, you know as well as I do, you can double and triple and quadruple that in the runner. So, this is my recommendation, and I wish you the best of luck. ▶️ ES Price Map: https://microstrader.com/price-map/ ▶️ Core Strategy Explained: https://microstrader.com/core-strategy ▶️ Membership Options: https://microstrader.com/membership-options/ ▶️ Zoom Pass: https://microstrader.com/zoom/ Emini Trading Room & Trading Academy 📣 🆆🅷🅾 🅰🅼 🅸 Lean in and listen to me... I will be candid and frank with you. I am NO "Guru"... nor do I claim to have invented ANYTHING. I combined several techniques together, made a few tweaks and adjustments for ES.. and viola.. the Core Strategy was born! I am professional full time MES Micro Futures Trader who leads other futures traders through the price action DAILY on ZOOM. We trade our Core Strategy together, as a team. Together we trade better! Come join us! 📋 🅾🆄🆁 🆂🆈🆂🆃🅴🅼: Micro Traders: At the very essence, we are “bounce traders”. You see… with high certainty, we know where the price will bounce. We play the bounces. Sometimes the bounces are counter-trend, and sometimes with the trend. Personally, I love “With The Trend” trades. They offer lots of juice for the squeeze. 🎳 🅼🆈 🆂🅾🆄🆁🅲🅴🆂: Our System Is A Combination of: * Cotton: His information is central. Watch every video 2-3 times! Cotton wrote "the book" - I trade it with ES/MES. I highly recommend to my traders to watch ALL of Cotton's videos and join his Discord. Heck, join his mentorship if he still offers it. Then, IF you are interested in trading with some MES/ES traders using Cotton + Market Profile + some ICT Concepts, join our trading room. LINK TO COTTON VIDEOS: https://www.youtube.com/c/c0tt0nc4ndyTA/videos (I watched them ALL 3X plus joined his mentorship for a time) * ICT (2022 Mentorship, specifically. He is a madman!) https://www.youtube.com/c/InnerCircleTrader/videos * Market Profile (Shadowtrader, Paul Asmar from CamelBack trading, Dalton). I combined these three systems to create a complete scalping strategy. Interested to join a trading group that uses this philosophy? https://www.MicrosTrader.com I am NOT a financial adviser. I do not promise ANYTHING but some education. I do not guarantee results. I don't know you from Adam - you might be as intelligent as a sack of rocks. Or over emotional like a scared cat while trading. I have NO CLUE if you can trade successfully. ONLY YOU know if YOU are coachable. Trading IS hard, emotionally speaking. Trading in a group HELPS! I will help guide you to start smart by starting small with a high-probability system. You will paper trade first until YOU feel ready to go to the next step. RISK NOTHING while learning this system. Commodity Futures Trading Commission. Futures and Options trading has large potential rewards, but also large potential risks. You must know the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Testimonials Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
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