✅ 40% Off Take Profit Trader Plus No Activation Fee – Coupon Code COVETRADER
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
Hey guys I’m making this video today because um a lot of people have been asking questions about it uh on the stream so uh before I get into there uh we stream every day on YouTube about 1:30 to about 4:30 every day um and people have asked so takeprofit Trader is rolling out or they did roll out their 40% off no activation fee um you use coupon code Cove Trader everything is in the description of this video um but yeah people
Have been asking questions about how the draw down Works how the accounts work um quite a bit of how it works so I just figured I’ll roll out a video right now kind of explain um how it all is it’s pretty uh it’s pretty simple it’s a lot like the other prop firms uh what’s good here is when you pass your eval uh when you use the coupon code you do not pay the activation fee there’s zero activation fee right now
That’s the deal um the 50ks so this is what people were wondering um it has an end of day trailing draw down so this marks at the end of the day is $2,000 so if I make $500 today the the trailing draw down goes up so say I go to uh 50,500 the trailing draw down becomes um 48,500 now I could have been as high as 52,000 during the day but it’s wherever you end so they don’t you don’t have the
In day like you get on some other prop firms the biggest thing also is when your day starts you can’t lose more than $100 so if you make your first trade and you make a th000 bucks then in theory the daily loss limit does not move so now you have a$2 $100 daily loss limit so somebody asked about how that works so that’s how that works um that set in the beginning of the day it does not move during the day
And this does not move during the day um some people choose to go the uh 150k route to have their daily loss limit to be 3,300 instead of 1100 I have a 50k account I have a 15K account um I know enough to stop before I hit 1100 in the 50k so it doesn’t bother me um you can use all the accounts I know most people are using trade of eight that’s pretty uh pretty simple and then basically here’s how it
All works you pay no no fee and then you become funded um the split is 8020 um once you withdraw I believe it’s five or $6,000 you could move to Pro Plus um you the only thing you can’t do is you can’t trade news but you can DCA you can you can do whatever you want any strategy you want you can big contracts small contracts whatever you want they do not care you just got to earn the money also there’s no
Consistency rule so if you make $10,000 tomorrow with a funded account you can withdraw anything over the buffer so the buffer is we’ll just call it on the 52 on the $50,000 account you go to 52,000 anything over 52,000 you basically can pull the money out every single day um what I notice is they uh they give you the money same day takes a couple hours to get approved and they send it over and that’s it it’ll be connected to your
Bank account um I’m sure there’s other ways as well if you don’t have a bank account because you’re not in the US or whatever it may be but uh yeah they send money super quick there’s no scaling like other firms basically no rules it’s just the news rule outside of the news you could really you could do anything um and says buffer requirement that’s you know in the 50k account you got to keep uh $50,00 in there and then you just
Keep withdrawing daily and that’s pretty much it super simple um you know I just know that a lot of people have been asking about this how that works and how the end of day works and that was the big questions in the chat today so that’s basically how it works uh the link is in the description of this video use coupon code Cove Trader right here and save yourself um some money all right I will see you on the live stream
Tomorrow if you have comments or questions about takeprofit trader be sure to put it here and uh I’ll answer you back right away
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