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How to get fund

 
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firsteodhn

How to get fund

I'm an experience trader as I trade option. I joins less than 30 hours with have a total of 41 trades so far. Pips today is 190 in demo account. So far I trade only USD/JPY and EUR/USD. I can get couple of pips in every few minutes without a problem. How long it take to get fund since I don't want to waste too much time in demo account.

Thank

Ok 202 Pips for today, bed time and just missed 5 pip for closed out early :).

Thu, 05/19/2016 - 2:33am
 
Jeff-New2Trading

I wish I had your secret..... I am a non experienced trader in my second week of experience.
I am sure if you keep up with those numbers then Apiary will be looking at you closely.
Good luck. If you have any tips or favorite strategies you use / with your rules. I am sure all would appreciate your inside.

 
firsteodhn

I use candlestick and look at 1 min, 5min, 15min, 30min and 1 hr chart to look for the direction along with Pivot High & Low to enter and exit.

By the way I noticed one thing when USD/JPY up then EUR/USD down or vice versa.

 
briano

There are people in the group that did not go through all of the metal levels to get funded. I believe if you go through trader support and set up a meeting with a risk manager they could tell you what you need to do to get funded faster.

 
emcnabb

firsteodn, were you successful in obtaining funding early?

 
firsteodhn

emcnabb,

No, I have to go to all the Beeline to get fund as with the average two to three months. This is ok since I still have a lot to learn with ALVEO setup since I'm using the basic and trade with market order with no stop loss.

********

On my statistics: my risk is higher than reward as yesterday (5/30) the system stop loss of one of my trade at 5% that I left since Friday and after the system stop my trade then within one minute it reverse the direction to where I entered my trade on Friday. Oh well, at least my current balance is $11,300 or 13% increase in less than 2 weeks. Not too good for today got only 7 pips, but so far gain above $300 for today. While I'm typing just missed 10 pips gained, but I expecting it will go farther down than before.

 
npl2005

Hi everyone,

Same question with firsteodhn.

I just joined last Friday but I am trading forex for almost 25 years now.
I dont really rely on indicators but i am looking at other pairs
example the price of EUR/GBP X GBP/USD = EURUSD etc. plus
economic calendar.
My winning rate to be conservative is 80%~90%
My stop loss is set with my EA in case of un-expected moves
My TP is based on trading session/reversal pattern

I tried their platform (Alveo) quite slow but I have 100% winning, because
I am using ECN trading system in Meta Trader 4

I trade investor's money with over 5 accounts (big accounts)
I am getting only 30 to 40% of the profit.

Therefore, I am quite surprised for the 85% from Apiary.

I will set up meeting with their risk manager tomorrow if how to get funded right away
It is now wise for me to pay fees without their fund upfront

 
hakchinoy

It's not necessary to complete Beeline to get funded. Several others and I got funded awhile before Beeline even existed. The previous way to get funded still works too. You simply need to show over your last 100 trades that you're consistent and profitable, and that you know how to manage money.

 
jiggerdigger

hak - that's interesting.

When I joined Apiary, I just assumed I'd need to show I could trade consistently and profitably for three or four months. The Beeline came as a bit of a shock as I hadn't realised I'd need to jump through quite so many hoops. I thought it was ok for newbie traders, giving them the opportunity to learn (that's not to say I haven't learnt anything since joining because I have - more so on the forums than the trading courses) and eventually discover where their trading strengths and weaknesses were, but for me it just seemed I was trading to get through the levels.

I was very dumb for the first trading week, not realising how the stats worked etc. I thought I'd try the suggested Apiary strategies with maximum risk and blew $800.

From 17th May, I reverted to my own strategy and recovered. I've not had a losing day since then, other than Memorial Day when I couldn't close a winning trade and ended up being stopped out for hitting maximum risk (I didn't get the pips back but I wasn't penalised by Apiary in the stats), but my strategy will only ever give me five or six trades a day if I'm lucky, although each trade will give me a minimum of 20 pips.

Anyway, thanks for the info.

 
npl2005

hak-

100 trades? that is 10 trades /day in 10 days.

Therefore, their 14 days trial is possible for me.

We see..

chaffcombe17-

21:00 here my time
I will call them tomorrow
keep you posted

 
JT

Would you mind sharing your fxbook @ npl? I'm good at referring people ;)

 
npl2005

hak-

100 trades? that is 10 trades /day in 10 days.

Therefore, their 14 days trial is possible for me.

We see..

chaffcombe17-

21:00 here my time
I will call them tomorrow
keep you posted

 
hakchinoy

npl, typically, they'd like to see at least 30 days of activity, but I've heard of some exceptions being made (for experienced traders with documented trade histories). Nevertheless, I'd recommend that you take at least 30 days to give yourself more time to get acquainted with Alveo and its quirks.

 
saulokier

Npl2005 great return!
Would u mind sharing you stategy with the hive?

 
olhickory2000

Everybody ready for a profitable week!........Should be a big week for the pound!.......some opportunities perhaps!!!!

"Brexit" yay or nay should shake things up a bit........

Lets Trade!

 
Sokha

I will stay away on Thursday. No trading for me!

 
jiggerdigger

I'm staying out of everything from 22nd until I see things settling down.

I realise some traders 'trade the news', but there's News and then there's, well, News!!!

Of all the News events in recent history, this has to be the one with the potential to blow up an account big time. If you're in a trade, you'll probably get whipsawed out of it with a loss far higher than any stop you may have placed, and if you try to get in a trade there's virtually zero chance of getting the price you want....before you get whipsawed out of that as well.

There may be others who disagree with me but to them I say, 'Good luck with however you choose to play this one - you're a better man/woman than me!!!!'

Also, Apiary's liquidity providers seem unreliable at the best of times; goodness knows what it will be like next week. It wouldn't surprise me if Apiary suspended Alveo during this time anyway. They've suspended the AUDJPY pair because of volatility so frankly, they'd be stupid not to suspend Alveo during the Brexit vote as it's likely to affect most pairs, not just GBP and EUR.