Apex Trader Funding Journal - 28Jun2024 - US Pre Market
Trade 3. A quick scalp expecting price to test above the orange line. Take Profit is 1 tick below the orange line because the Rithmic simulated matching engine often does not fill during sweeps, and there is the possibility price could move lower quickly after a break of the orange line.
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.
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