411 on The Apiary Fund?

they dont teach you TO train like someone else, but that would be awesome if they did, I sure would like to be more like that Shawn, even though at 80% I should be happy.

they do however have strict hard coded risk management rules (bots) which makes sense, I should have been doing that 10 years ago, limiting my loss to 2% per trade and 5% loss per day.

AK I hope someday you are able to learn how to become a profitable trader. Apiary is not an outrageous rip off for those they send a paycheck to every month like clockwork,

Ripoff
A ripoff is a bad financial transaction. Usually it refers to an incident in which a person is overcharged for something, or receives goods or services not of the standard expected for the price. A ripoff is usually distinguished from a scam in that a scam involves wrongdoing such as fraud; a ripoff may be considered excessive, but not illegal.

the value I have received is way in excess of what was expected for the price. cleaRLY YOU ARE IGNORANT? CERTAINLY ENTITLED to your own opinion, but I am sorry you are not a good trader and dont know how to make a profit, perhaps paying to learn is too much for you to grasp, but wise up and learn how to trade forex like a business, thats the only way you will make it long term, otherwise I will continue to take your money everyday. SO this means you need to be intelligent about it and scientific and logical. you need to learn otherwise you will continue to always be a loser @ forex.

unless you went through the beeline program (did you) (how far did you get) past the first level? you are much more ignorant than I previously thought.
and your statements about the beeline are outright lies and again not only show your arse but your ignorance. see the way it works, is people come to apiary at all level of trading, the new ones typically take much longer top get funded. do you really think you can learn to trade (profitably) in a few days?
and if Apiary taught you how to make a profit day in and day out in forex,. and their checks are good, why wouldnt you want to share with your friends etc? I found a way to make more money clicking my mouse in my mt4 account than I make at my regular job, if I am selfish and greedy then I conceal and lie, if I am kind and generous then I share and not just money.

as far as endorsing something, most people of average intelligence even newbs are able to make an intelligent decision about Apiary within the free 14 day free trial without paying anything. If you are so new that you watch trading experts do live training sessions, and you say they are this or that, it shows you dont know what you are taLKING ABOUT, my only goal in forex is to make a profit every day. When you run across people that make a profit everyday in forex, talking bad about them wont improve your trading results, and for $97 a month you expect a personal mentor? please describe your personal experrience not just give us bull**** judgements. I make enough that I am able to give away hundreds a month to help those in need, when you are ready top learn and become a profitable trader and I will sponsor you if you are too cheap to pay the $97, and if after 30 days of hard effort you show me something I will continue to pay your monthy fee so free for you if you can PRODUCE and make a profit, but better yet its all about getting through beeline as it forces you to learn and do things you wouldnt normally ever do in trading. and after the beeline is completed you are automatically funded.

Ak some of your post is so funny, you pay by the month and you are getting slow feedback? like days weeks a month?!? Did you ask for feedback. my experience so far is that they are quick to respond

and 300 pips a month is just silly, its not about the pips, I make 300 pips a day :slight_smile:
realistic goals are based on your account deposit and percentage of gain. SO on my $1000 account, the goal is 2% a day 5% a week, this is only because obviously you have to taKE some losses and even at 80%+ winning trade percentage, my average loss is larger than my average win which I dont like but I have 4 winners for every loser, so its all good.

and I have live accounts and demo accounts to prove what I say. and charts, and if the attachments here @ babypips didnt go way down in viewability, I would still be posting charts here.

and I am still laughing aT YOUR 300 PIP DRAWDOWN, YOU ALREADY BLEW UP YOUR ACCOUNT? AND have to pay to reenroll?> wow how many times aree you going to blow it up learning and need to pay to reenroll?

I have 11 accounts at Apiary :slight_smile: when one blows up (5% loss REAL professional trading rules), I am locked out for 24 hours, but I dont have to pay, and If I lose their money, I never have to pay them back.

https://www.blue-point-trading.com/offices/franchisee-opportunities they are selling franchises, guess why? to make a profit? Apiary is a private fund in the united states, Apiary contracts with traders and pays them as professional traders, your blue boys are in are outside USA? and this: Please note before contacting us @ blue -
Proficient english language skills and a strong background in information technology is a must for every potential BPT franchisee. You should have the ability to present to a group of 10 to 20 people and though not absolutely required, we recommend that you have some university education in the field of economics and financial markets.

so the ball is in your court now AK

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quite clearly there is no comparison, Blue point has: NEARLY 200 POWER POINT SLIDES AND 2HRS OF VIDEOS IN COURSE MATERIAL

2 hours of video?!?> Apiary has 2000 hours of video at least

then of course there is this: Apiary Investment Fund, LLC Review - Financial Services in Lindon, UT - BBB Business Review - BBB serving Utah companies who are rip offs dont have A+ ratings at their local BBB. and certainly they have had a few complaints, but no one is perfect, but I do prefer to do business American companies with A+ BBB ratings.

Why not do some shopping. I am a trial member, and I haven’t been impressed. I plan on getting out before my 14 days are up. First thing is there success rate to become funded is 30%. Not good. I’m not impressed with there 30% of traders who are funded. What about the other 70%, are they paying for everyone else’s failures. If I am giving them 100 bucks a month for stuff I can get for free why not use that to fund my own account. Makes since to me.

Does anyone want to go in halves on a US franchise?

LOL, if you have the money to go in half why not build your own? Trading is Simple if you practice for 20 years+ :Þ

not sure where you get that number but I’m sure it isnt accurate funding on the first level is automatic, even the slowest newest traders get funded in 6-9 months, I guess if you quit before you succeed, thats not really on them, you can give a trader trades all day but you cant make them pull the trigger. and typically those who get to $1000 get bumped to $2500 after 4 weeks of trading at $1000 if they control their risk. in case it isnt obvious #1 goal is capital preservation. they also dont hold your hand and coach you personally, which can easily cost $100/hr for a professional performance coach.

they also lowered the fees so as you progress they lower them every month as long as you are going through the levels. I still like it, I have met a great bunch of people there, no regrets, I think I’m paying now $65/mo tech fees, funded at $2500, support is great and can be slow if its low level, not that someone asking how to use the client doesnt deserve attention they do, but they try to prioritize support, and deal with high level issues first.

APIARY INVESTMENT FUND is using their 2 weeks free trial as their BAIT to get you on their program. This is their business marketing strategy to get somebody on the program. They will get your CREDIT/DEBIT CARD DETAILS during the sign up process for 2 weeks FREE TRIAL. After that, they will charge your CARD for $97 even you will not continue on the program. This is the “FREE TRIAL” that you will pay at the end.
It happened to me. BE AWARE AND BEWARE.
There are many options of Forex Proprietary Trading firm better than them that don’t require $97 monthly subscription. Just do your research.

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I was a customer of the Apiary Fund for about 4 months. I signed up for their professional trader training, cost of $700. Through that program, you have access to live videos as well as pre-recorded videos, and they do not charge the technology fee for 4 months. At the time it seemed too good to be true…However, my opinion of them changed very quickly. The training videos are sub par. Their Alveo platform is lame. The bee line takes a long time to get through, and many of their videos are completely unhelpful. Most of their videos are on average an hour long with maybe 5 minutes of ‘useful’ teaching. I FOUND MORE HELPFUL VIDEOS FOR FREE ON YOUTUBE! The four months went by quick, and I did not want to spend $97 per month just to demo trade with them. To me, that is a rip off! I don’t mind paying for a quality education, but they charge for what we can find for free. I don’t know if they actually fund traders or not, maybe they do. However, for me the scam is them charging for their poor training and demo trading. That is the rip-off! I feel ripped off. Oh, and they do try to upsell you on more training and education programs, even before you finish their basic training. Watch out for this company, they are not what they claim.

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I give the APIARY FUND 5 Stars! Excellence in Education and On the Job Training as well as providing the opportunity of earning cash.
The Apiary Fund has performed its services and support exactly as described in its literature and online opportunity seminars. I have been with this program roughly 180 FOREX market working days. During this time frame I have advanced through the Apiary Beeline program as prescribed and until last week was at the Gold prefund level. The educational part of the program started the process by providing me with online recorded lectures and practical application opportunities on a simulated $10,000 account. There were specific goals I had to reach in each of the categories starting with Bronze levels 1, 2, and 3; then on to Copper levels 1, 2, and 3; Silver 1, 2, and 3; Gold 1 and Gold Prefund. These goals are attainable “IF” you apply yourself and take this business seriously. Online classrooms and telephone chats are available, and I’ve used them. Last week Jan. 14, 2019 I was provided my first fully funded account of $2500 and am starting to work the account with the guidance that has been provided by the Apiary team (Shawn, Nate, Todd, Rex, Steve and the rest of Aviary support) since the start of my Apiary Fund adventure.
Is there a cost in joining the Apiary Fund? Yes, less than $100 per month for system technology fee. It’s very similar to cable TV with one big difference the more channels you add to your Cable TV the Higher the Cost. With Apiary, the more you work the system and advance through the ranks, the lower the cost. There are no other mandatory requirements.

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Hi JerryPr If you are still here in 2020
I am fairly new to Babypips, I have been looking at some of the Forums on Apiary Fund and I do find some very interesting posts.
There is a post in the scalping section by a JerryP - is that you ?
There are two posts referring to modifications of ‘Pullback 20’ system. I began to have doubts regarding integrity, because the claimed pips profit just seems totally implausible.
The methods seem great they are by JerryP and another by Froggy. They claimed 70-100pips in 2 1/2 - 3 hours/day on 5min Eur/Usd by JerryP and Froggy upto 350pips/day with 8EMA/20SMA crossover on 1min time frame New York session.
I have not back tested, but they look to take 2 - 10 pips per trade and this would not seem to be possible. Does the 8Ema cross 20Sma cross that many times in 2 - 3 hours ? Am I missing something ?
The claims could well be true, both members are GoldIII so I’m very puzzled. Could anyone throw light on this puzzlement ?

Yes you found me . JerryP. Here is a day last Thursday. I don’t do Fridays. I’m happy with the results.

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I reviewed previous posts and those posts remind me of the folks that think FX is a video game. Yes there is a technology fee of $95 per month. This fee starts to go away as you progress through the Beeline program. The more you apply yourself and advance through the course the lower the technology fee. Where else can you get this kind of education with this minuscule charge? Bottom line, this program is only as successful as your effort to learn FX.

JerryPr

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JerryPr
Thanks for your immediate response. Your methodology looks great. I have done a bit of demo using it and it has nice feel to it. I did’t realise that you use multi pairs I thought you only used EUR/USD. Thanks again for sharing, I will continue with my practice.

Hi JerryP
I have been using your ‘Pullback’ strategy - with success - many thanks.
I do have a couple of queries
You illustrate that on Thursday 13th you did 34 trades on EUR/USD with 26 winning trades.
I am a little confused, probably just stupid, but Average Trade Length 55m 14secs I don’t understand. Are you stacking trades on top of each other or was 55 a typo for 5, typo would explain my confusion ?
On checking back on 13th I do notice that the candles were small on the 5m and stuck like glue to the 8EMA, however, they only broke the 8EMA 8 times, it was a great trend. Perhaps I am using the strategy too literally. Please don’t get me wrong, I love the strategy, but I would welcome your opinion whilst I am learning. As I have said it has a great feel to it and I would like to know of any nuances that I could tweak. Thank you in anticipation Johnny

I stack them but I let a couple run overnight. Those were going against me. I used the 4h chart to get the overall bias and I let them run because I had enough pips to cover any losses.

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Thank you Jerry - I do appreciate.
I have also been looking at larger time frames to get the bias.
I’ve also practised with a tight trailing stop loss to catch little winning runs.
I believe that your strategy is 100% sound and that slight tweaks maybe ok as long one does not stray from the main nuts and bolts.
Psychologically I find it reassuring to have a good strategy framework to work along; a good track so to speak.
I will stay on track - many thanks

I absolutely agree with you with regards to Apiary fund. I can’t call them a scam, I never went all the way through their program to put them to the test. However, I did buy into their Bee line. It was slow, tedious, and the training videos were sub par. I was finding better vids on the topic for free on Youtube. Their education program (the Bee line) is well organized, but slow and low quality. I was not about to give them more money for what they were offering. I proposed to them to make a deal with me and I would continue to try their program, but they refused. If they had confidence in their program they would have done whatever they could to keep me, but all they wanted was my money, and to keep selling me their half baked education.