My Funded Futures vs Take Profit Trader

My Funded Futures vs Take Profit Trader

Transcript

Auto-generated from the video audio — expect imperfect punctuation.

What’s going on Traders so one of the questions that was asked in our stream the other day was how my funded Futures compares to takeprofit Trader so I’ll go over both platforms um if you’re looking to get either account be sure to save money uh there’s the coupon codes in the description of this video below use coupon code Cove Trader and save yourself uh on my funded Futures and takeprofit Trader so let’s jump into this so takeprofit Trader I’ll go over

Real quick um it’s pretty simple basically you have five days on an eval the consistency rule is 50% so you can’t do over $1,500 um it’s there’s no activation fee as long as you use the coupon code um also you’ll save 40% so you know it’s only $100 on a 50 I’m just going to go over 50ks versus 50ks um so five days you go over three $3,000 in profit right here you get over uh six contracts daily loss limit is

1100 you hit that you lose the account um it’s pretty easy I mean there’s not a lot of rules here it’s just literally uh you could trade news on an eval um you know you can use your platforms like trade ofate um profit split once funded is 8020 Pro Plus is 9010 you can withdraw on day one which is what everybody wants you just got to get over the buffer um that daily loss uh rule is in place on the pro

Not the Pro Plus also the draw down is end a day on the evals and intraday once you’re funded um there is no consistency rule once you’re funded which is nice and there’s no scaling plan so that’s what takeprofit Trader is all about now I know my funded Futures is new to a lot of people so we’re going to go over it they just revamped their starter account basically uh they lowered the price it’s now only $80 a month you could

Also Save More by using the coupon code so be sure to put that in um daily law them is 1,200 versus 1100 on take profit Trader the max position size though is three contracts versus six draw down is end the day which is nice there’s no activation fee so once you get funded you’re funded uh reset fee is 50 bucks which is nice it’s less than uh the 80 [Music] um yeah customer Sports actually amazing there I’m just looking they sync

With trade of eight then we’ll go over to here this is more of the information so the profit Target is $3,000 Max loss is 2500 that’s pretty standard daily loss limit price reset Max contracts scaling um consistency rule is 40% so you know that’s that’s pretty up there um five winning days of $100 and you can get payouts the withdrawal limit is $1,200 for each payout until you hit 30 winning days or $6,000 in profit after the first payout maximum loss

Limit moves to uh 50,100 and then basically you can go up from there and then you know the total uh loss limit just stays at 50,000 100 kind of like all the other accounts which is nice live funding um static account with 2500 in Balance eligible have 30 days winning with 6,000 profits profit split is 9010 after $10,000 and withdrawals so the first 10,000 is actually 100% you get it all no activation fee um here’s the max payouts after 5 days

And obviously you can keep withdrawing after that um here’s the starter plan here’s uh the scaling if the account is below 1,000 you basically do one two three i i a lot of people don’t like the scaling plan to be but be honest with you it kind of stops you from dollar cost averaging it stops you from going on tilt because now you can only buy one mini and you can’t just go to like five minis so the scaling plan is

Not terrible but listen guys I’m going to tell you the rules are obviously a little different for each one at the end of the day you just have to make good trades like it all comes down I know a lot of people like to focus on the rules and that’s why I make these videos so you understand the rules but at the end of the day you got to make good trades and as long as you’re making good trades you’re going

To get paid out on any of these platforms you know you got to stay consistent not go on tilt get you know get the eval over get the funded accounts and just keep making good trades and then it doesn’t really matter you’re going to be able to pull out your money wherever you go um obviously some have a little bit better like you know takeprofit Trader you could pull out your money the same day that’s amazing um but you know there’s

Drawbacks to that and then you know there’s good things on some of the other ones every platform has pros and cons but the one thing that stays true is you have to make good trades on each platform so I hope I broke this down enough for you but I don’t want you to focus too much on the rules and you should be focusing more on your trading strategy and getting that to be more profitable so hopefully this video helps you and

Um we stream every day 1:30 to the end of the day hopefully we see you on the Stream