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Transcript
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What’s going on, guys? So, I’m going to give you my prop firm secret that’s going to save you a lot of money. Before I get into that, I stream live every single day. Smash the subscribe button. While you’re over there, just hit the like button. Doesn’t cost you anything. Um, also, uh, there’s a link to our free Discord in the description of this video and exclusive prop firm discounts below. But, uh, all right. So, I’m going to get into this right
Now. So, the big thing about prop firms is obviously buying accounts, right? I never pay full price for any accounts ever, ever, ever. Um, so right now, uh, by the way, Apex brought back their 90% off. Um, basically every account is $20. Uh, the PA fees for the smaller ones are also discounted. Uh, if you’re looking to get an Apex account, be sure to use code Cove Trader. Um, but this brings me to what I’m talking about and I’m going to
Show you with my accounts. So, when Apex is running the deals, I go to Apex, I pass a bunch, I get all these PA accounts, right? Then when Fidas has the account, when Fidas has a deal, and you know, I get payouts. So, a lot of these are newer. I basically the last time they ran 90% off. I got a bunch of payouts. Um I ended up losing them in literally it was something stupid. I was copy trading like eight accounts
And something happened and I lost all eight. But anyways, I built them back up recently and then like Fidas has a sale. So then I go to Fidas. I now have five funded accounts with Fidas. You can see I’m over for payouts here. And I’m just about at a payout here and here. And I just took a max payout. What was that last week? And then I jump there. And then Legends had 90% off. Buy one get one free. I load
Up there. I pay the discounted price. I never say, “Hey, I trade at I don’t know like I I trade at say Lucid. I like Lucid, but I’m not paying full price. I’m going to get them at deals and then they run the reset deals. They ran the, you know, that 45 reset. Uh, then I reset a bunch of them for $45. The idea is, especially when you’re new, is to save money and stay in this game as long as you
Can to become profitable. And the easiest way to do that is to not pay a lot of money for these accounts. You know, you have bullnocks, $16 accounts, you know, like you go where you know the discounts are. How I always figure out discounts because somebody’s like, “Oh, I don’t like PA fees.” I always do the calculation that if you pass one in three accounts, what’s the cost of funding? So, if you pass, we’ll just call it 20 bucks. 20 bucks
Times three is $60 plus 65, it’s $125 for a funded account. If you go past one of these $90 accounts at another firm, one and three, no activation fee is $270 to get a funded account, you know. So, I always look at cost of funding, getting a funded account, not activation fee, no activation fee, whatever. Then I start looking at, you know, other things like I love takeprofit trader. I have funded accounts with take profit trader. They offer daily daily payouts.
I always have take profit trader accounts, you know, that’s the only one that truly has daily payouts. So, I have it, but other than that, I shoot from deal to deal and that’s the best way to save your money. Um, because it all adds up. It definitely all adds up. And then like say you like for argument sake, say you’re not a fan of Apex, you know, but you like something else, just find another prop firm that has similar um rules
That’s offering a discount. Now, I don’t just go to all these like all these real crap ones to be honest with you. I have about seven or eight that I trade. There’s a link that I have in the description of this video that has all the prop firms that I do trade in there, but there’s about six or seven prop firms that I get accounts with and I’ll just go from each one to each one when they’re running deals. If they’re
Not running deals, uh, I’m not buying them. Also, you got to remember, look out at what they rebuill at. So, for argument sake, these are going to rebuild at, I think, 80% off or 50% off. Be sure to cancel them. If you don’t pass it, cancel it, right? If you don’t pass it, cancel it. Don’t let it rebuild. That goes with any firm. You know, Legends just ran a great a crazy deal accounts for $10. They rebuilt at 80% off, which
Is 30 something dollars. I’m canceling them before they rebuild. That’s it. I pass them or I don’t. If I don’t, I cancel them. That’s it. So, that’s how you manage the prop firm game within the game, I guess. So, if you have any questions, be sure to uh ask me on the live stream, ask me in the Discord, or comment on the video. But this is money management within prop firms.
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