How to Trade Price Action on Apex Trader Funding
Price Action on Apex Trader Funding is rated excellent fit. There are no major rule conflicts. Apex Trader Funding offers 2 rules that actively support this strategy. Recommended timeframes: 15m, 1H.
About Price Action
Trading based purely on candlestick patterns, support/resistance, and chart structure without indicators. Includes pin bars, engulfing candles, inside bars, and key level reactions. Versatile across all markets and timeframes.
Rules That Support This Strategy (2)
Apex Trader Funding has no daily loss limit during evaluation. For price action, this means you can survive a rough session without breaching a daily cap -- only the overall drawdown matters.
Apex Trader Funding offers futures markets, which align well with Price Action's typical instruments.
Recommended Timeframes
Since Apex Trader Funding requires same-day closes, use shorter timeframes for entries and exits. Higher timeframes can still inform directional bias.
Position Sizing
For price action on Apex Trader Funding, risk 0.5-1% per trade. On a $150,000 account, that is $750-$1,500 per trade. With the overall drawdown limit, you can take 2-4 setups per day without excessive risk.
Common Rule Violations When Trading Price Action on Apex Trader Funding
- Not accounting for trailing drawdown ratcheting up. After a profitable price action session, the floor has moved up permanently. Trading the next day with the same risk parameters as before ignores the reduced cushion.
- Violating the consistency rule ("No single day > 30% of total profit"). A single large price action winner on a high-volatility day can trigger this rule, even though the trade was well-managed.
- Oversizing positions to hit the profit target faster. Price Action has defined risk parameters -- increasing size beyond your plan to speed up the evaluation is the fastest path to blowing the account.
- Over-trading on slow market days. When price action setups are not presenting clearly, forcing trades leads to death by a thousand cuts against the daily loss limit.
Apex Trader Funding Rules Quick Reference
| evaluation | funded | |
|---|---|---|
| Daily Loss | None | None |
| DD Type | Trailing Intraday | Trailing Intraday |
| Overnight | No | No |
| News | restricted | restricted |
| Weekend | No | No |
| Consistency | No single day > 30% of total profit | No single day > 30% of total profit |