Chart Dad

The Journey of a Daytrading Dad

Optimal Zero Risk of Ruin – Why 1% Risk Is Wrong

My name’s Matt, and I’m addicted to Monte Carlo Simulations. 

There, I said it. I’m also addicted to the idea of optimal risk sizing in trading, so you’re probably going to see a few articles covering that on this blog. 

Apex Funding – A Prop Firm Deep Dive

To Apex, Or Not To Apex? That is the question.

You might have heard of Apex Funding, it’s a prop firm that focuses on Futures trading and they’ve exploded into popularity since around Jan 2023. They regularly offer huge discounts – 80% or 90% off – on their initial evaluation fees, so I wanted to take a good look at the pricing and rules. Are these discounts as good as they seem? Let’s take a look.

Getting Back on Track & Adding Friction

Learning to stop the bleeding and shift back to profitability is key in this game.

I’m a big fan of the concept of identifying bad habits and then “adding friction” to avoid them in future. Habits are like water, they take the path of least resistance. Once they take hold, habits are the things you do on autopilot if there’s nothing stopping you. 

An awful week

Well, this is embarrassing…

I thought we were past this.

So, I blew the first $100k evaluation.

That’s not the problem, I don’t expect to pass 100% of the evaluations I take. They’re difficult, they’re designed to be difficult. But I broke some of my rules along the way, and that’s unacceptable.

Who The F*** Am I?

Hi, I’m Matt. I juggle daytrading with being a Dad of 1.5 (she’s pregnant again!) and working 60 hours per week.

I’m on a mission, like many of you, to make trading into a career. I’m not in it for lambos or yachts, I’m in this to give my kids a good life. To have the flexibility to have days off when I want to spend time with them. To have uncapped income potential, and live and die by my own performance. Hopefully not the dying part.

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