👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so another week another pretty decent day um before I get into that uh reminder we are now streaming twice a day we stream at 10:30 in the morning Eastern Time to about 11:30 12 and then we jump back on around 2:00 to about 4:30 so if you can’t make the afternoon come in the morning can’t make the morning come in the afternoon also hang it out in the disc the links in the description of the video uh
Be sure to smash the like button as well help out the old uh video uh if you ended up blowing accounts like myself use coupon code Cove Trader it’s uh will automatically give you the best discount on all the prop firms um so let’s get into the day um it was crazy today was actually a wild wild day uh we made a lot of money early on and then um this account was actually down I think $1,900 at one point um
It was not on the stream it was between the first and second stream I was down 1900 got it all the way back and then right before the end of the day I was down about 1,100 and then got it back to only down 300 so that’s a uh positive positive day and then the rest of them are uh are up some of them this is getting close to a payout that’s getting close to a payout we’ll see we’ll see what
Happens um you know see what happens I also got some of the other accounts this account’s up 20 bucks this is another funded account up 250 and then my last account that’s that’s an eval that one’s up 866 that’s an eval um but yeah I mean we we kind of stacked gains today I felt pretty good um obviously action was better earlier on the day I mean you could see you know the run right out of the gate was awesome um
We dipped came back down like we had a lot of movement then the rest of the day we kind of had this big chop Zone chop chop chop Little Pop came right back into the chop zone so we didn’t really have much in the afternoon but early on man that was it was pretty good the the play of the day we were on the stream actually and um we were we were trading up we we popped we dropped we came back
And I said listen we’re going to sweep the liquidity so we’re going to go above these highs and I said if we trade back below I’m going short and sure enough we traded back below I went short probably around like 68 and uh and got this nice move down another guy um went short also Keith he took it for a pretty nice gain um yeah that was the that was one of the plays of the day though swept it up and
Came right back down um I thought we had really good price movement came back down hit the Pivot Point bounce caught that and then um towards the end of the day we had the sweep below the wick right here and um I I said listen if it goes below and comes trades back through when it trades back through I’m going in and sure enough sure enough I went in and caught this nice candle up and then uh that was pretty much
It I mean I thought overall price action was great today um I think we’re in for a wild week wild wild week also remember uh I know some of you guys I have the other channel options we crushed it today um I’ll be posting all this on Cove Trader options the other YouTube channel check that out uh just type in Cove Trader options in YouTube and you will get it and that’s where I talk about all that um but yeah I
Think we’re in for a crazy week we got election coming up this week uh volatility is going to be wild there’s going to be a lot of moves probably pass accounts probably blow accounts but uh I think there’s a huge opportunity to make a lot of money coming up next week so I would definitely try to be around um you know overall I don’t know if they’re going to drop it the day before the election but I would be very cautious
Day of it does look like we’re going to drop I mean if there was no election I would probably say this is a uh you know we broke the 34 we dropped and then we popped back the next candle would probably be probably be down probably close around 20,000 and then we drop below is what I would say is going to happen but having the election you never know what’s going to happen so this is where we’re at all right well
I am uh that’s pretty much it so I will see you on the stream on Monday at 10:30 in the morning
👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys W today was a great great day uh if you made money today smash the like button we had a great day in the chat today uh made some money during the day and we most definitely crushed it after hours uh we stream every day 1:30 till about 4:30 um yeah it’s a it’s a great day also if you blew any accounts use coup on code Cove Trader works on takeprofit Trader Apex um my funded Futures bull KNX
And a bunch of other ones and it will automatically give you the best discount so today we made a ton of money uh at least I feel like I made a good amount of money um as you can see here’s the Apex accounts they uh they were up pretty good this is uh one of my funded accounts it was down 13 bucks this one’s up $1,141 I also got the uh all these evals today are up money in Bull KNX which
Is nice so we definitely stack there we stacked there we stacked in Apex and then here’s another funded account up 505 um yeah things were really good today uh basically I called it as soon as the market opened I was looking for a dip last night on the Google earnings and I said in the Discord I’m jumping in long if you missed it the Discord link it’s free it’s in the description of this video click on it Go in I post
My plays and stuff when I’m not on the live stream in there um and I just said I was going long I was waiting for a dip and I was going long we dipped uh I went long and uh yeah I made money pretty much everywhere on that and then uh today I made some good oh man this is what do I want to do here what do I want to do here what is this right here I guess we’ll buy
Three right there um so yeah so we made money there today actually oh my God today was a really good day on so this dip I basically caught the bottom of it and I just didn’t hold I’m going to show you we’ll do a replay oh I know you like this this replay I’m going to show you a couple of things one this is what it looked like on the one minute chart once I wait until we uh you’ll see so
Once we inverted this Gap you could see how the arrows came up I took that and we just freaking rolled with it and then we went around the pivot point I was out and obviously we went higher but hey man you got to take profits when you do but there was that and then if you back it out to um let me stop the replay if you back it out to is it the hourly or is it the 4 Hour no
It’s the hourly I’m going to show you right now it this is it we were right at the midpoint on the fair value gap on the hourly and um oh I ended up blowing that that’s crazy and ended up bouncing it is what it is there was there was like no draw down left on that account that’s kind of why I did it um yeah it was right in Prime bounce so basically I look at the hourly and I see where
We are and that’s a good spot to bounce and then as you go down and go lower and lower it was good on the one minute and I took it and uh yeah we we banked I’m telling you um these fair value gaps and this script is awesome you can just see all the red and then just follow along I mean it’s basically when it inverts uh fair value gaps and it’s just a visual um piece to it so it’s not
I wouldn’t take it and just trade off it it’s just one of the things that I look at and then I determine if I want to take the trade I don’t take a trade every time a triangle comes up but it’s just good to acknowledge what exactly is going on so that’s pretty much it I thought today price action was really easy we had the the bounce here and then uh you can just see we’re making lower highs you know we
Made we bounced here and then this was the high and then this is the high and then this is the high and I was this whole move we were live on the stream and I was just saying how I like the short I even got my coffee out in my red mug for the short and uh yeah I was was just talking about it as we were consolidating that this is a short this is a short and then sure enough we
Banked on the way down so that was pretty much it I thought today was good um earnings meta had a beat and a Beat Hood had a miss and a miss Microsoft I believe had a beat and a beat I’m going to see how everything reacts to it though because reaction is more than anything um I feel like I feel like we’re not really going anywhere I know we have Amazon tomorrow after hours but I feel like there’s more of a
Negative reaction than a positive reaction so I wouldn’t be surprised if we start trending down the market is also super high so we’ll kind of see what happens but uh yeah so that’s pretty much it I hope you made money and uh I’ll see you on the stream tomorrow
👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
Hey guys so I’m going to answer the age old question what prop firm is better takeprofit Trader or TOP Step before I get into it we stream live every day 1:30 till about 4:30 here on YouTube it’s a great Community we all hang out getting payouts maybe learn how to trade ask questions uh everything happens here make sure you subscribe and make sure to like the video as well well I want to say it can flip-flop which one’s better but currently
Uh takeprofit Trader is running a crazy deal so I would put them as the better prop firm they’re running a 40% off uh never pay an activation fee if you use coupon code Cove Trader uh also it’s in the description of this video but uh just for cost just cost versus cost TOP Step is is uh we’ll just call it $50 for 50k and once you pass you have to pay an activation fee of $148 so the account plus the activation
Fee is approximately $200 while takeprofit Trader for one account is 105 if you pass you do not pay an activation fee so you can have a funded account for 105 Bucks versus $200 with TOP Step um so right there cost verse cost uh takeprofit Trader is cheaper also if you do the two accounts takeprofit Trader would be about $210 for two accounts while TOP Step uh you would have the one5 it’ cost you about 250 for uh two accounts so if
You’re one out of two takeprofit Trader still cheaper also take profit Trader the splits The Profit splits are 8020 and until you go pro which is after $5,000 TOP Step you can only take out 50% of your money for the first 30 days who wants to take out 50% of their money so that’s another reason why I lean towards takeprofit Trader because you can’t pull out uh the profit split is pretty bad also uh with takeprofit Trader you can pull out
Your money on day one TOP Step you have to trade five days of I believe $200 or more in profit so you can’t pull out on day one takeprofit Trader you can pull out on day one um the one plus I guess you have on top step is you could trade news um there you cannot trade news on a takeprofit Trader funded account you can only do it on the evals and when it comes to evals um they’re very similar the
Only plus side to TOP Step is uh there’s no daily loss rule on their evals if you use TOP Step X but uh I know a lot of people don’t like using TOP Step X so then they have the daily loss rule in place but I mean those are some major factors right there is the 50% in TOP Step and being able to take out all your money on day one in take profit Trader and the no activation fee currently in
Takeprofit Trader just kind of puts it to be uh the number one um I think it’s the number one firm overall they pay right away uh you’ll pull out money you get paid the same day super easy they sync with all these the normal you know trade of8 ninja Trader you know Quant tower all the major players that you would use to uh trade these accounts um they also have a reward program as you buy more evals and get payouts you
Can uh you get rewards and rewards can be used for free accounts and things like that but uh overall I lean towards takeprofit Trader you guys have asked me plenty of times and that’s where I lean so I’ve been asked so many times recently that I decided to make a video and uh that’s my answer as long as they’re running this current deal
👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so another day plus we had Google earnings I’m going to talk about that on my other channel if you’re interested um but yeah today was a interesting day I wasn’t around in the morning I uh I came on around 11: and that’s not good for me because I make most of my money in the morning um a lot of people have been asking me about what my favorite prop firm is uh right now it’s takeprofit Trader on
Top of that they’re giving away uh for free uh funded accounts if you want to know how to get them look at one of my other videos if you want to try them out it’s 40% off zero activation fee and the coupon code is Cove Trader it’s in the description of this video um so yeah that’s how you going to earn the free accounts and then that’s pretty much it just because people have been asking me about it outside of that
Um I basically cleared out a lot of these Apex accounts today uh I got rebuild a ton I was on vacation for like 5 days I came back with a ton of rebuilds and my goal was to basically uh clear them out either get them over or get rid of them and that’s kind of what happened today and basically I got three of them over I got this one over this one over and what let me see is 2 oh 27
Over so I got it’s 28 almost over some of these are even half halfway over yeah so tomorrow I should get the rest over or get them out but I have three more funded accounts and I just want to kind of focus on funded accounts going forward um for a little bit at least just because I have a lot of them I have these and then I have my funded future accounts as well this one took a bath today and then
This one was up um but yeah I mean today was an eh kind of day I’ve been waiting for Google earnings to come out because I think it would give the market a direction and I think we’re going to start moving around more going forward um now that AMD reported uh Google reported you know we’ve been seeing I mean we had a lot of chop here before moving up in uh anticipation of the earnings and yesterday was a lot of chop
So I’m just kind of I’m hoping we get out of this chop area and we start uh either pushing up or going down but Google earnings were good so I could see it going up but AMD these were bad I got to dig into both earnings uh tonight I’m going to do some research I know Google’s cloud computing was up like 35% which is interesting I’m going to take a look at that um I want to look at why AMD was
Down I saw earnings per share was like 45 cents compared to 92 cents of the uh the estimate so they definitely did not beat that but then they had a revenue beat so I just kind of want to dig in to give my general knowledge of the market and see what’s going on under the hood um and that’s kind of where I’m at I’m just going to sit do some research uh I’m going to come back tomorrow trade the open I’ve
Had high level of of success especially recently the first uh 15 minutes half hour and um hopefully get some of these funded accounts up higher and that’s pretty much where I’m at um today was a pretty pretty simple day I mean we had big consolidation then we ran into anticipation if you play the pivot Points we got that rejection and just slammed it um we just couldn’t get over it just couldn’t couldn’t stay over it and then on earnings we obviously
Popped through I thought earnings were coming out at 405 I played earnings I got money in two accounts I I was planning to play a lot more but uh they came out at 402 instead of 405 and it kind of messed me up and then um I know the Google call is going on right now so I’m going to see what that’s all about and um that’s pretty much it if you want to come on see us on the stream we
Trade live every day 1:30 till like 4:30 and um that’s pretty much it I’m just hoping that out of these chop days going forward and now that some of the earnings are out we can pick a direction and kind of go that way so that’s uh that’s where I’m at and I hope tomorrow is a little bit better of a day all right I’ll see you guys on the Stream
👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so uh yeah today was not the best of days before I jump into that we stream every day 1:30 till about 4:30 um we talk about prop firm stocks options whatever you guys want to talk about I am here probably trading it um if you like the video smash the old like button um big earnings coming up this week we have uh Google tomorrow morning which is going to be uh interesting Wednesday afternoon is meta Amazon is
After hours on Thursday so I think um today was just a just a chop Fest because they’re basically waiting for earnings um I think that’s kind of what we got was just kind of a choppy day I knew it was not a good day to trade early on and I just didn’t respect my rules and that’s kind of what happened um you know obviously I got one PA I I crushed it this one I did well on and then completely messed
Up right here um it’s just the way it is by not following my rules you know and then I got this is a funded account that’s not terrible this one I’m up 566 this is an eval and then I got this funded account I’m up 140 on yeah it was just one of those days um you know it it was super choppy and early on in the day I’ll just show you basically I took uh what did I tell I took
Short early on I took a bounce that was close to the pivot point and then I just recognized that we were in chop probably around here around 12 12:30 I kind of just said hey like this is going to be a chop day and I should have just stayed out of trading the rest and my bias what got me was my bias was Google’s tomorrow morning I figured we would go up at the end of the day we did not we
Actually sold off and I think having a bias hurt me and that’s kind of what I tell people is don’t have a bias just kind of play the chart uh the chart was showing that we were in chop I should have just stayed out and I I got dealt you get dealt sometimes so tomorrow’s another day um I’m kind of close on passing a bunch of accounts so tomorrow being that earnings will be out um whatever way we start trending after
The earnings I’m probably going to start pounding some of these uh evals to just pass them or not pass them but kind of get them off off my plate and hopefully I can get you know five or so more funded accounts here and um just work those up and that’s pretty much my goal this account was day two so I got to keep stacking that and then this one I’m actually eligible for a payout I just got to get the account
Up to take money out um but I’ve had enough days over $100 so that’s where I’m at with that man my indicators were spoton today I should have just listened to myself you know what it is is I like trading on the stream with everybody and I should have just I should have just said hey we’re in chop and I should have played like micros and just kind of that’s it should have just listened to my gut it was right and
It is what it is so I am not going to be around first thing in the morning tomorrow I got an I got a Christmas picture appointment at 8:45 in the morning and then uh I’ll be back probably around 10:30 and I’ll be back for the stream so that’s all that really matters and um hopefully we can uh stack some gains tomorrow I mean that’s pretty much you know hopefully we get the moves we’re looking for and uh and just stack
It so hopefully you guys did better than me and I will see you on the stream tomorrow
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so before I jump into this we stream live every day 1:30 till about 4:30 each day here on YouTube also if you’re looking to get a my funded Futures account use coupon code Cove Trader and it will automatically give you the biggest discount that’s out there everything’s in the description of this video along with a free Discord link as well but uh yeah everybody on the stream has been asking this question pretty much all week since they’ve
Come out with it and you wanted my opinion on the Milestone um the new account plan with my funded Futures they have this Milestone one it offers the 25k 50k 100K and 150k um so it’s a straight to funded option which which is brand new for them which is interesting the uh the draw down I I I’m just going to go over the 50ks because that’s primarily what I trade um and it’ll be easy to do apples to apples that way
So the onetime fee is $445 but with my coupon code uh you will get a discount off of that you get a Max draw down of 2,000 and that’s end of day you can trade three contracts so they don’t uh oh they have scaling here micro scaling okay cool um yeah so I guess the deal is you got to hit the target $3,000 and then you got to hit it again and then again and [Music] again after passing phase one I’m
Reading this for the first first time right now because I want to give you my honest opinion as I’m reading it so I guess after passing phase one you pull $2,000 out so you got to make three grand and then they give you $2,000 that’s not the greatest I guess make 3,000 so what is that you keep 2/3 I guess um it’s interesting I will say it’s interesting I mean you know what’s interesting about it is it feels like an eval
Account kind of because they have the end of day draw down and you could do three contracts which is obviously more than the normal the normal funded account is one one until you hit $1,200 this is three so it’s kind of like almost like a hybrid eval funded account [Music] um the consistency rues 20% there’s no scaling there’s uh no da daily draw down Max draw down interesting I mean listen it’s interesting it’s different um the one reason why it’s not
Really for a Trader like me is their accounts are $76 just call $75 with the coupon code for 50k I I use the starter ones um basically I could pass one in three so it will cost me $225 to get a funded account um sometimes I pass one and two but my average is probably like 1 and two to 1 and3 so I’m just going worst case scenario one and three a funded account only cost me $225 so for that reason
Just like uh shark tank for that reason I am out but if you’re passing like one in five accounts then maybe this is something that’s interesting or one in six accounts this could be interesting um in that regard this might make sense but if you’re passing if it’s taking very little accounts to pass the only problem with passing their normal accounts is once you get the funded account uh you can only trade one micro which is uh smaller than this this
You could trade three so there’s definitely some like perks to this um it’s interesting I will say it’s definitely interesting and I don’t know currently right now I’m probably not going to give it a shot because I pass their normal accounts now by the way I have two funded accounts already with my funded Futures I have another even out with them so I trade with them a lot I I think their accounts are the easiest to get paid in um I
Think they’re the easiest to get paid in I think the rules are super simple uh five days of $100 or more and you could take money out it’s pretty it’s pretty cut and dry um yeah I would I would say like if you’re new my funded Futures is great to get payouts because you don’t need to get to $5 52,600 or 53,000 you just need a couple you just need five days of $100 or more like I’ve taken payouts out and
I was only at 51,000 or 51,200 so the fact that you don’t need to go all the way the 52,600 makes it much easier so I definitely love trading with them and like I said I already have two funded accounts with them and I’m working on a third so I’m probably just going to stick to using those plans rather than this but if you want to give this a shot um it’s pretty it’s interesting let me know in the comments if
You’re going to use this or not and what your thoughts are
✅ 40% Off Take Profit Trader Coupon Code COVETRADER
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so I’m about to get into the takeprofit trader news that nobody is really talking about yet um before I get into it we stream here live every day 1:30 to about 4:30 great Community uh if you like this video smash the like come join us on the stream maybe learn uh a couple things about trading and um yeah it’s just uh good people to be around also if you’re looking to get a takeprofit Trader account use coupon
Code Cove Trader right now it is 40% off and zero activation fee so basically when you pass your eval there is no fee to get to a funded account I think it’s one of the best deals they’re running out right now uh coupon code Cove Trader and the link is in in the description of this video so let’s get to this news right now right now takeprofit Traders giving away four Pro accounts um yeah you can win a pro account Pro
Accounts are basically uh you know funded accounts so you skip the eval process and you go straight to a pro account here uh all you got to do is follow them on Instagram and then uh you got to tag three Traders uh save the post and then uh comment your most deadly trading advice and I guess uh you could do it any time between now and it ends Monday at uh midnight Monday November 4th at midnight um you know obviously the
Odds of winning this are probably slim they’re giving away four accounts but uh I don’t know if they tell me how many people like this but uh there’s quite a bit quite a bit but you know what it’s worth a shot you know if uh if you happen to win a pro count is worth you know whatever how many eval it takes you to pass um so yeah maybe a couple hundred bucks it’s definitely worth taking a shot um they’re always
Giving away free stuff um I personally love takeprofit Trader uh their funded accounts have no consistency rules um you could take out money on day one uh you could trade any way you want you just can’t trade news but uh other than that they pay super quick get paid out in 24 hours and they’ve been around for a while so you know uh you know the reputation is good so that’s the news that just dropped that they given away four accounts
If you want go try grabbing one and uh if youve never used takeprofit Trader like I said use the coupon code Cove Trader go get yourself one and then if you pass eval there’s no uh no activation fee so it’s pretty interesting I’m probably going to take part in this and uh hopefully I win or hopefully one of you guys win if not um and if you have any questions about anything takeprofit Trader trading or anything come on the live live
Stream and I will uh help you out with whatever you need also if you haven’t go you know go check out my options Channel if you’re interested in that I created that over the weekend and uh that’s about it I hope you guys are enjoying uh the time off of trading and I will see you guys on Monday
👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so I’m about to drop some serious knowledge on you that nobody is talking about in the prop firm world and I’m just going to tell you how it is and if you like the video be sure to smash the like button um also if you like what I say and you want to come hang out I stream every day 1:30 till about 4:30 every uh day that we trade um so yeah I’m just going to jump right
Into it um there’s so many things about the prop firm world that is just against you and things that they don’t even talk about and when you start really visualizing it your goals of the prop firm world will change so I’m going to start off with the first one the biggest lie that they’re telling you is wait right before I get into it there is a place for prop firms I think they’re good I think there’s a place for them but
You need to know the truth and the goal is to get your payouts and move your payouts to real trading accounts and then you continue with prop firms and you take your money out and you move it move it elsewhere um and just so you’re aware what’s going on you should know about these different things the first thing is when you buy a 50k account you’re not getting 50K K of funding you’re getting whatever your draw down is because if you
Lose $2500 you really only had a $2,500 account you didn’t have a $50,000 account but they used $50,000 to uh Market to you they use $150,000 to Market to you dude you’re not getting $150,000 of funding you literally you know whatever your draw down is is is what you’re really getting which is what what is it like 5,500 bucks $4,500 on on those accounts $2500 on the 50k accounts and on a 25k there you’re getting a $1,500 so what I’m trying
To get at is also uh if you’re spending thousands and thousands of dollars to get a funded 50k uh prop firm account I mean if you had $2,500 you can just throw it in a live account and trade um you don’t you don’t actually need the the account um that’s the truth now obviously you know if you took that 2500 and bought 10 Apex accounts got them funded and then there’s the multiplier and things like that like there’s a lot of
Things and that’s why there’s a lot of reasons why you use the prop firm because that’s the other argument well you know I can spend $1,000 get you know 30 accounts and you know yes that that is why I do agree that there is a place for it I just want you to realize what you’re really buying also the rules anytime a firm says that they have these rules in place or they’re changing rules to make you a better Trader that
Is completely false the reason they’re changing the rules is just they’re not making money a certain way and they’re making it harder for you to earn money that’s the truth um if they’re raising price targets or making it harder for you to get um accounts or whatever it may be uh they’re making it harder for you so they can earn more money every single prop firm has a backend which has all the data on on how many people how many you
Know people on average how many accounts it takes to pass evals how many accounts total does it take to pass an eval and then get funded how many funded accounts get lost they have stats on every single aspect of trading and then I wouldn’t be surprised on the back end if they group The People by profitable Traders non-profitable Traders and then skew the rules for for you know in general to see how much money they would make if they did this
How much money they’d make if they did this so you’re playing uh it’s basically like a casino they have the edge but like I said the thing is you you can use a small amount of money lever it up and uh and do your thing and you know when I go through all this um there’s one prop firm that I truly believe is the easiest to to get well there’s one to easiest to get payouts and one to get large payouts
I think the easiest one to get payouts is my funded Futures and the easiest one to get large pay payouts is take profit Trader you get paid on day one there and uh yeah the and they have no act both firms have no activation fees um and the rule seem to be as good as possible for you I didn’t realize this but if you look into like a firm like TOP Step you can only withdraw half your money half your gains
Read the rules half your gains that is definitely skewing the rules to uh not in your favor and there’s other firms they do a lot of different things you got to really look at the rules and check it out um but then back it up one more thing a lot of people want to uh prop firm hot um this is you know they run deals and they run certain things that are like oh well we’ll do this and that you also
Have to remember at the core of all of this if you’re not profitable you are not going to be profitable at another prop firm you should have charting software like the one I have right here at at least so I use trading view I I’m running scripts I’m running I’m marking up the charts I’m looking at things I run different tabs with different indicators I’m you know I’m not just sitting on on trade of8 being like Oh uh I’m just using
These crap trade of eight tools you know you’re only going to be as good as your tools um I highly suggest getting trading view um if you don’t have trading view toss if you’re using a real broker you can use toss um you know ninja Traders pretty good Quant Tower is good but if you’re just sitting there on trade of eight you’re not you’re not helping yourself out there um you know just everyone’s focusing on the prop firm and don’t get
Me wrong it does matter to a degree but for the most part if you’re profitable at Apex you’re going to be profitable somewhere else or if you’re losing money at Apex you’re probably going to lose money at take profit Trader and you’re probably going to lose money at my funded Futures you know you should look at your trading more than the prop firm now if you’re getting payouts and you like the rules somewhere else well then that’s something completely different then
I can say hey you know what these rules are better for you or you know you should go here because of this you want daily payouts go to take profit Trader you know because you’re getting payouts already but you know I’m sitting in the Stream and people are telling me they’re passing one out of every 20 accounts dude it doesn’t matter what prop firm you’re at if you’re passing one in 20 accounts you got to work on your strategy not the
Prop firm and then what I would do if I was passing one in 20 accounts I would trade like a paper account um you might be able to get one in trading View and if you can’t get a payer account go to like a pack or something pay for like a 250k account and trade like one micro at a time and all you’re doing is trying to become profitable every day you will not blow the account but you will just see
If you’re profitable and that’s how I would trade I would work on my systems I’d work on my indicators work on my charting and once I’m profitable then I say Hey listen what prop firm fits my style and that that’s what I would do um you know that’s pretty much where I’m at and most people are not telling you this type of stuff they want you to just buy evals from them using their code and don’t get me wrong great use
My code I give back I will do free accounts and the whole thing my goal is to make you a profitable Trader I make money trading mostly real money outside of prop firms I I don’t I don’t need you know I don’t need this I’m trying to make everybody in that room a better Trader I’m trying to make people profitable I want to see you guys win I want to see you guys you know maybe you want to quit your job
And do this full-time and move off of prop firms and start trading your own money you know that’s the goals that I’m looking for you to do I want you to excel in this and then you know kind of just grow it to do your own own thing um I think that’s everyone’s goal but I just want to drive home some topics that aren’t really talked about that much and should be talked about so that’s where I’m at I think more
Traders need to focus on their trading and not so much prop firms but if I would say the prop firms to use I would probably go takeprofit Trader my funded Futures because the rules are probably the best there and and then from you know and that’s it but I’d focus on my trading more than anything so I hope some of this opened up your eyes that the prop firms are not here to help you out they’re just a vehicle for you
To leverage your money get paid and then move it to Live accounts on brokerages and trade that way and that’s where your goal should be and that’s it so if you have any questions comment on the video and hopefully uh you know I can help you out and hopefully I see you on the Stream
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so I guess after so many questions I figured I’d make a video about it before I jump into uh tradify uh we stream every day 1:30 to 4:30 come join us on the stream we do live trading hang out it’s a great uh just a great community and if you like what you see here today just smash the like button um all right so once you guys have been asking me about this non-stop so I just figured
I’d make the video and tell you about my thoughts and what I think about it and everything else that goes in between so just remember by switching prop firms doesn’t make you more successful if you’re losing money in one prop firm you should probably look at your trading strategy next and if you’re not getting payouts come on the stream let’s talk about it and let’s go over a couple things or jump in the Discord uh discord’s free links in the video
But if you uh do want to get an account at uh tradify uh well I have coupon code Cove Trader you will save 40% on this and um that’s pretty much it so let me get into the plans that they offer and what’s going on basically they have the you know their regular plans that you get the evals on um I don’t know if I would use them for the evales because it’s activation fee is 125 which is high right now
You have firms offering zero activation fee and it says $199 a month but with the coupon code you’ll save uh 40 bucks so it’ll be like 60 bucks and then there’s an activation fee um I probably wouldn’t use this company for EV vales straight to funded is is interesting um basically they have consistency rule 20% you got to trade for 10 days the draw down is end of day which is obviously good um they do have the daily loss which is
Soft breach which means you do not lose the account of 12250 Max contracts is five minis which is more than enough um it’s pretty straightforward the only thing I don’t love about it is 20% consistency rule but other than that I think the price so it says 5.49 I just want to show you so it says 549 obviously you come over here you use Cove Trader you hit apply and you’ll save 220 bucks and it brings it down to 329 um
It all comes down to your cost of getting a funded account you know when you look at other firms and what it costs to pass an eval and then you pay the activation fee what it costs you got to lay that out to yourself like if you’re passing one in five accounts um maybe going straight to funded is better here if you’re passing one in two accounts maybe you go the eval route because it’s going to be cheaper maybe you use
A different company um and you go that way but I do like that it’s straight to funded here you kind of save yourself the days of trading evals so you kind of go directly there um they haven’t been around very long I want to say they’ve only been around about a month two usually I give prop firms about five to six months before I start trading with them uh you guys just kept asking me about it in the chat and talking
About it so I just figured I’d dive into this now um you know it seems like everyone’s getting paid I know that they’ve recently changed their rules and um you know that that’s something that you’re going to have to look at I think the profit Target was like 2500 now it’s going to be 3,000 um they got a couple rule changes nothing major just small stuff but uh I think if you’re looking for a funded option there’s two firms to go
With currently a straight defunded option one is tradify and the other I’m going to make another video about um for Sunday that company I’ve been trading with for a little bit but uh this one seems pretty interesting the cost for funded account is not great to a Trader like me because I pass evals at a high rate so it but it’s I like it because I don’t have to waste time um I would never go all in on one firm just
So you know I never go all just all my you know everything just at one place so I’m always going to trade at four or five different firms I use the firms differently um I’m not opposed to getting a couple of these accounts and knowing that it’s straight to funded it’s only a 20% consistency Rule and maybe trade one or two profitable trades a day and stop uh I mean that’s pretty much how I see it you know I I don’t
See myself trading with them all day because you could definitely go past the 20% consistency rule you know you get a couple good trades and and you’re going to blow it um yeah I mean other than that I do like the end of day end the day is obviously the best and um I it’s almost better to use the 150 account here just for cost vers cost I just don’t know if I would pay so it’s half it’s about 400 bucks
I guess for the 15 versus 330 for the 50 just something I would I would weigh it out maybe I would think about it it’s not that much more but uh yeah so that’s where where I’m at with these accounts I do think that there’s a place in my bag of accounts to be a straight to funded account um I would never just be all one firm like I said before but these guys they’re paying people seems like they’re pretty active
On social media so they put themselves out there it seems like they’re trying to do the right thing and just remember they’re new so they’re are going to have uh hiccups but overall I I’m probably going to give them a shot here um save myself the 40% and um everything I’m talking about is in the description this video and that’s prettyy much it I think uh it’s not a bad place to maybe pick up an account or two and see what
Happens so that’s pretty much where I’m at with with these guys um and it seems like customer service is pretty good also they get back to you really quick so if you have any questions about the account I mean trading the account they all use the same software um you know hooking hooking it up there’s nothing to really go over with software watch all the prop firms use like three or four different softwares so it’s not like we need to go
Over the software but uh yeah so that’s pretty much with this if you have any questions uh just comment below
👉 Be sure to join our live stream each day here on Youtube 1:30pm-4pm each day.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
What’s going on guys so another great week over here um before I get into everything just remember we stream every day 1:30 till about 4:30 um right here on YouTube also if you blew any accounts coupon code Cove Trader actually gives you the best discount uh it’ll automatically appear uh every type of firm uh take profit Trader Apex my funded futures profit trade tradify um works at all of them so one piece of uh announcement I am going to make an
Options channel uh it’s going to be called Cove Trader options I’ll make a video about it this weekend and I’ll put all my options and stock information over there feel free to uh join check it out also I’ve been posting in the Discord through the day all my different trades as they happen if you are not in the Discord it’s free and the link is in the description of this video as well um but yeah everything is over there and then
Uh yeah so basically right here almost at a payout with Apex this is going to be the last pay period before they implement the new rules so if you’re kind of close to getting a pay out I recommend pushing it a little bit getting the payout and then then the new rules will come into effect after that um but yeah I I switched up a couple things been super profitable since doing it and uh yeah today you kind of see what’s
Happening um on top of that this is a funded account it was up 344 today it actually just reset and this was up about 400 bucks today as well and then I had let’s see if I can pull up my profit trade ah can’t uh they reset it already but this was up 585 today and then this is a new one up 15 bucks um yeah just stacking gains stacking a lot of gains I’ve added new things like The Tick chart
I have up now and then you could see the different uh indicators I’ve been rolling with on here basically I got smoked earlier today so all these PA accounts were down 700 to $1,000 at one point um just I I got destroyed early on so basically I was playing the I was playing the short after we came up so much I was playing the short for like a 10:00 turnaround did not happen um you know just didn’t happen so I uh
I took the short up here when we made a lower high off of this I made some money and then took it took a long over here and then you could see some of the Red Arrows um when it basically cleared the fair value gaps to the downside I took that and uh yeah made some good money and then I actually caught just about the bottom here on the stream you can see the Green Arrow basically we dumped and then we
Reclaimed a fair value Gap we inverted it and I uh I took it up but yeah things have been pretty good since I’ve added some new indicators on here you could see um some of them are here the arrows and um and then other tabs have other indicators as you could see there you know what’s crazy is I basically I put an alert to happen at$ 499 I think 98 I was going to short the uh F the 500 rejection is
What I was going to play in options and we basically I basically got the top of it and when the alert went off I uh I didn’t play it like an idiot I don’t know why I didn’t play it let me see if it comes up notifications no my ideas oh here alerts let’s see if I can find it right here I guess this is in oh here it is oh so I did $ 49959 sorry 9959 I it was crazy
Was you could look I created it on October 14th so I created this a while ago and then it finally hit today and that was my opportunity to short and I I didn’t take it like an idiot like an idiot idiot I would have almost caught the top and made a ton of money on uh options puts but didn’t didn’t go with it and then I have the split screen now I use the split screen uh the NQ versus uh basically
The es and uh you know you can see divergences and things like that is kind of why I have this up but yeah so those are some of the new things I’m doing um you know I got some other stuff I’m going to put out over the weekend about some of these new prop firms I’m testing out you got to remember everybody is wants to jump from prop firm to prop firm what you you should be doing is working on your
Trading style and your system if you’re not profitable because most of the rules are very similar and they all use the same platforms for the most part so instead of going from prop firm to prop firm I would start working on your system and focus there more than anything but uh and that’s pretty much it so I’m going to put out some videos over the weekends I’m going to do my first options video and uh that’s pretty much it so I
Hope you guys are are green and I will see you on the stream on Monday
Affiliate disclosure: I may receive an affiliate commission when you use the Prop Firm Discount extension.