Apex Trader Funding Journal - 23May2024 - US Open - Rithmic Issues
Trade 1 is an exhaustion trade that fails. Stop is executed at 20t.
Trade 2 and Trade 3 are Order Flow scalps with a tight stop below the previous low (horizontal orange line).
Trade 4 experienced Rithmic issues, and despite placing a 2-contract limit order, only 1 contract was filled by Rithmic on a number of my copy-trades. My trading platform registered the correct fill on the lead account and incorrectly applied this to all copy accounts. A 2-contract stop was applied to all copy accounts and this resulted in some accounts now being 1 contract short from 5338 instead of flat. Apex sent the Rithmic logs for this event and I was able to identify the issue with the trade copier. I have made adjustments to prevent this from happening in the future.
Trade 5 was an attempt to fix the issue above, as my system was showing I'm short when I thought I was flat.
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.
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