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Apex sim accounts multiple strategies on same instrument

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    Apex sim accounts multiple strategies on same instrument

    I am using Apex accounts with SIM leaders. Lets say I have SIMA leading Apex A running strategy A and SIMB leading Apex B running strategy B. The SIM and Apex accounts are independent of each other, BUT they are both trading on the same NQ contract. One may go short while the other is already long or vice versa, or both go long/short, etc. Is that going to be a problem with NT or Apex? Thanks

    #2
    Assuming that 'Apex A' is a different account than 'Apex B'...

    With NT, there is no problem.

    Why? Because these are separate accounts, so if
    one account goes short and the other goes long, it
    won't matter to the operation of NT since they are
    separate accounts. Using same strategy on both
    accts, or different strategies -- doesn't matter, the
    central issue making this safe to do is that you're
    using separate accts, so with NT you'll be fine.

    That is, there will be zero 'acct position vs strategy position
    out-of-sync' issues -- because, again, these are separate
    accounts.

    -=o=-

    Now, is this a problem with the Apex folks?

    You'd have to ask them.

    I mean, it depends. They are your broker here, and they may
    or may not like your strategies taking opposite positions of each
    other ... that's called hedging, and you should explain to them the
    signals from strategy A vs strategy B and ask them specifically
    if taking opposite positions in two different accounts on the same
    instrument with two different strategies is ok.

    -=o=-

    That kind of trading may depend if you're trading eval accts or
    performance accts -- but if they do strict checking for performance
    accts but laissez faire checks against eval accts, then you could
    pass your eval only to lose your perf acct when they catch you.

    [The number of eval accts for all members could be many orders of
    magnitudes higher that all active perf accts, making eval acct monitoring
    difficult because there are too many -- who knows, ask them -- but
    you should trade your eval acct using the stricter rules of the perf
    acct -- assuming perf accts have stricter rules, that is.]

    A big thing all prop firms want is consistency in your style of trading,
    so make sure your trading approach is good for both eval and perf
    accts.

    In summary:
    Always be truthful when talking to your broker.
    Last edited by bltdavid; 09-23-2023, 03:52 PM.

    Comment


      #3
      Thank you. Yes, I will check directly with Apex also.

      Comment

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