Apex Trader Funding Journal - 05Jun2024

I have a long bias today based on previous day's price action and general market conditions.  I'm confident enough to enter a long prior to the London open.  If price falls after the open, the intention is to scalp based on order flow.

One scalp was taken below the entry price (this is allowable under Apex rules).  All other scalps were taken when the trade was in profit.  At no time did I have more than two positions open.

The thesis was correct and I exited when I made my planned profit target for the day.

Green lines indicate winning trades.  Red lines indicate losing trades.

Trade: The trade number on this day.

DCA: Dollar Cost Average - This increases each time a trade is added to a losing trade.  As per Apex rules, this should never be greater than 1.

AIP: Add In Profit - This increases each time a trade is added to a winning trade.  This can be unlimited.

Entry: Time in UTC.

Exit: Time in UTC.

Size: The number of ES contracts traded.

Direction: Long or Short.

MAE: Maximum Adverse Excursion.  This is the maximum number of ticks the trade moved against me during the duration of the trade.  As per Apex rules, this should average less than 4 (risk) to 1 (reward).  Apex have stated that this is not a hard rule providing risk is sensibly managed.

TC: Ticks Captured.  The number of ticks captured by the trade.  A negative number indicates a loss.  To calculate the profit, multiple TC by Size.