👉 Be sure to join our live stream each day here on Youtube 10:30AM -12pm and 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so I want to give you some really good advice on Prop firm payouts and how you should handle it um this is something that a lot of people should do and they don’t do uh before I get into it we stream live every day 10:30 to noon again 2:00 pm to 4:30 um also if you want to support the stream use coupon code Cove Trader it uh will automatically give you the biggest discounts at pretty much all
The firms so um let me get into this I want to show you what I do and it’s probably what I feel is the best way to go about things uh so here’s my Apex accounts I’m just going to show you this I’ve gotten three payouts I just submitted my third payout this week so I submitted payout on Monday Tuesday Wednesday um actually you going be watching this on Monday I’m making it on Wednesday but you’ll be watching on Monday because
I’m going away but uh what I like to do is I get to 52,600 I take out $500 which is the max that you could take out people like oh well why don’t you go for more money if you take that $500 out you have covered if you’re one for three in eval to go over your eval cost would have been about a 100 bucks then to get funded it was $85 so just call it 200 bucks so when you pull
That $500 out you’ve taken out the cost of getting that account funded and then you also have an extra $300 which can cover getting another account funded in case you blow this one so your $500 payout covers the cost of that account and then and then another time to get another one funded and it only brings you down to 51,000 uh or it only brings you down to 52,1 you could see right here once you trade for eight more days you
Could take out another $500 so you just trade it back up to 52,600 or 53,000 or whatever you do and you just keep taking out like you don’t need the big payouts the problem is you got guys get to 52,600 or 52,800 and you’re like oh I need the big payouts cuz I see the big payouts on YouTube or whatever just take the money you got the money you’re in the money trade your 8 days get to you know where you
Can pull out $500 $700 and then take the money again all you got to do is stop get your eight days of trading and then you move to another account don’t just Hammer this one account to get it to 55,000 58,000 just work on a bunch of small payouts and once you lock in like say tomorrow I trade this and I’m up 200 bucks I’m done for the day I don’t want to keep pressing for more and more money I have
To trade it eight days anyways but why just keep press it like listen my goal here is to get this back to 52,600 and take another $500 and every eight days I take $500 from that account every eight days I take $500 from this account and every eight days you’re just taking money and money and money and then you know if you notice hey I push it a little bit obviously starting at 52,1 eight trading days uh is probably going to
Get me to 53,000 something I think you got to make a minimum of $50 a day but uh you know I’ll probably be at$ 53,000 000 but I’m not going to try pushing 54 or 55,000 just be happy when you’re in the money same thing with top step five days $200 take your money no need to go for the big gains I made the mistake today going for the big games just stick to small games get the payouts and then once
You’re in the green where you’re making money and you’ve paid your tuition on the prop firms then you could start going for bigger payouts but get out of play on House money not on your money so that’s my big advice here and it will keep you from going on tilt and trying to get bigger and bigger payouts
Leave a Reply