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What’s going on guys so this is just a video about why you need to trust your indicators and if you don’t trust your indicators what the hell are we all doing here you know we create a model we we back test it we forward test it and you just got to trust yourself but before I jump into it uh we stream live every day 10:30 to noon 2:00 to 4:30 and uh if you want to support the channel use coupon code

Cove Trader uh it works on all the prop firms and be sure to smash that like button so it’s two days in a row that we absolutely called the top uh we triggered to sell right at the top today uh and once again just just not trusting the indicators um I I’m just like what the hell am I doing here like why am I back testing weeks of data or months of data to just not freaking follow it literally back tested

Hold massive gains back tested just hold massive gains we we’ll just slide on to yesterday freaking yesterday called the top just hold it I’m getting like 10 points hold just hold again this one doesn’t count because it’s on it’s already on a down so if it’s on a down you don’t take it on an uptrend again alert for the sell just hold it I don’t even know what the hell is going on with me massive trades massive trades not not taking

Them again today I’m just going to go show you I have my opening range trade back tested I’m going to show you it freaking worked again did not take it today why I have no idea here you go I wasn’t doing something else at 930 for whatever reason I was reading something we broke over 9:30 opening range trade hit so crazy so crazy I don’t understand it don’t understand it not taking my trades um I don’t know I I call out

Some real bangers and and uh just not holding that’s literally the case just not just not holding man I I I don’t know so I just been talking about it and I’m going to change up a couple things to make sure I hold and uh you know continue to forward test I mean today look indicator buy [Music] byy don’t just doesn’t hold just didn’t hold it um what’s even crazier is I love when we go a long way down to hit

A pivot point we went about I don’t know hundred and something points we hit the Pivot Point not even looking at it don’t have any orders usually I have orders down here didn’t do it and then not only that we have the bounce we come down we make a higher low and then we break back over like this is textbook bounce hold higher low break the high take the take it and I just don’t I don’t know what the hell is

Going on I I’m just did I make money today yeah I made money today but like let’s get real guys I’m just not getting the money I should be getting and it’s getting frustrating I’m having to scal for money instead of getting these nice moves so it’s one of those things um I am definitely uh going to be making some changes I’m playing CPI tomorrow and uh I don’t know we’ll see what happens but um I I’m GNA have to make

Some changes

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What’s going on guys so not much happened today but I got a couple things I want to go over before I do um if you’re new we stream live every day 10:30 to noon 2:00 p.m to 4:30 um if you like these types of videos smash the like button and if you want to support the stream use coupon code Cove Trader it will automatically give you the biggest discounts at all the prop firms all right so first to get into into

This um only because I put on I talked about this on the live stream if you weren’t on you missed out but I put on a sizable option short on stz today um we obviously are up quite a bit and we took a nice gain today so far I just wanted to put that out there for anybody that was following along um for accounts oh they redid the accounts already I was up two 50 in one of these and about 200

In another one uh I didn’t trade my funded Futures today and I just smashed pretty much a bunch of evals only traded two funded accounts today um it it just wasn’t that great of a day and you got to know when not to trade when not to trade is a trade people it’s protecting your capital and that’s what type of day it was um but I will say we called the Top If you haven’t watched my video uh that I put

Out over the weekend you should I used this indicator we got here and it literally called the top of the day which was right here and then you could see the rest of the day we were lower so if you haven’t watched that this indicator has a win rate of 86 uh percent it catches some big siiz moves uh uh go watch the video I put it out over the weekend you’re missing out if you haven’t seen it not only did

That indicator show it also had the bear uh bearish engulfing candle that was a home run and then you can see we got another bearish engulfing candle there and took it down so if you follow my videos the reason why you wouldn’t have taken this bearish engulfing because it wasn’t on an up like we weren’t going up for a trend change we were going down therefore you don’t take it this one you take because you’ve gone up up up up now

You get it and you go down so if you follow my videos you would have taken three trades or two trades today one here one here you would have been right on both of them and that would have been the end of your day so yeah things worked out we didn’t really do much today the orbs we kind of traded above uh the ranges for pretty much the whole day um just wasn’t that exciting to be honest with you just wasn’t

That exciting of a day so tomorrow oh we did a giveaway we did an account giveaway today um you had the option of a takeprofit Trader account or something else so that was different we’re implementing a couple new things on the stream and um I’m probably going to I was asked to be on top Step TV so that’s probably going to happen in March also um I will keep all you guys updated on that it should definitely be interesting and fun

But I’ll let you know when a date is set in stone I got the email today and then um other than that I mean I’m looking for a busier week than today today was just kind of eh but we have uh Big Data coming out Wednesday Big Data coming out Thursday and other news on Friday Also tomorrow we have a lot of fed speakers um so tomorrow we should start moving around again so uh somebody said something about the speaker at

10 a.m. tomorrow so keep your eye open for 10:00 a.m. and that’s pretty much it all right hope you guys stayed out of the chop and made some money today

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What’s going on guys so you guys asked for a monthly recap video uh for January so here it is but before I get into that we stream live every day 10:30 to noon 2:00 p.m. to 4:30 uh if you like these types of videos smash the like button subscribe uh if you want to support the channel uh use coupon code coof Trader it will automatically give you the best discount and all the prop firms all right let’s just jump into this

Um basically my total was uh $1 17,22 I made That’s not including my large retirement account um and that’s not including crypto so I took those two things out one uh we don’t really talk crypto on the you know on the stream uh and I’m not going to get into my retirement account on the Stream So What you see and what I show you guys is up $1 17,22 I made about $1,900 in stock and options and then the rest of

That money came from prop firm payouts it came from uh live trading payouts from my amp account um and that doesn’t include a $1,500 uh Apex that got denied so if that didn’t get denied I would have made almost about $199,000 last month um the account that got denied is this account right here it got denied for consistency rule so I’ll just keep trading it building it and probably request a payout this month um yeah so that was a pretty good

Month um you know but also I started the month I only had a couple PA accounts and now you see all these pa pa accounts that I’ve been growing I also have PA accounts with my funded futures take profit Trader and I have two with fidas um yeah I just kind of been um I I would say I made a lot of my money in a couple weeks because I I went on you know it was definitely good trading environment uh

Towards the end of the month not so much and that’s part of trading you got to know when the environment is right when the price action is good you got to strike and then when it’s not great you got to pull back and say hey you know what I am just going to wait it out or I’m going to take fewer trades or smaller trades um so that’s kind of you know where I was at towards the end of uh February

Uh February was kind of a shoppy month I mean not February uh January sorry about that January was was all choppy I mean this was January it was all basically just chop chop for a full month um let me just see what it looks like yeah I mean it was just a it was chop we we w we didn’t really push up um you know previous months you can get on these nice little runs we definitely have trended in the past

Like really good spurts of just like two weeks of just up or you know or two weeks of down this was just kind of Cho so when I make money in chop I feel pretty good A lot of times I don’t so being up uh you know a little over 17 grand last month it was definitely a positive and you got to remember 177,000 is dude that’s awesome I mean that’s on Pace to do about $200,000 this year um I will

Say I plan on making a lot more per month you know I I want to say if I threw in crypto I think crypto I did about 1,800 bucks so you know T that on plus if I got that payout we would have been you know over 20k things were good things are uh things are going good but that’s pretty much it uh if you want to see more stuff on you got to remember I make videos for all the payouts

So if you want to see all the individual payouts just go through my older videos you can see them all if you want to see my p&l for my trading account I have that posted every day I throw it on in the uh live stream so if you want to see that individual stuff you can uh I was trying to find a monthly recap on E Trade to combine all my accounts into one oh you know what I didn’t ah I

Also made uh what do you call it I got a Robin Hood account I completely forgot about uh I did like $1,500 in that so yeah so maybe I made uh you know I made even more but we get into that so anyways that’s the deal U if you have questions comments leave it on the video and uh I’ll get back to you

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What’s going on guys so I just found an indicator that is literally 86% right for big gains many of the time I am going to be forward testing this live on the stream next week uh we stream every day 10:30 to noon 2: p.m. to 4:30 I am going to be adding this trade to uh to the Daily uh first I want to shout out to I can’t think of who it was that told me about this indicator um but they’re

Live on the stream also if you like these types of videos smash the like button uh subscribe so you get notified when I go live and if you want to support the channel use the best coupon code out there coupon code Cove Trader when buying any prop firms it will automatically give you the biggest discounts at all the major firms so I guess let’s jump right into it I actually tested it out and on my trusty sheet it was uh 28

For 33 um the rules are you do not trade uh the last five minutes of the market and the first five minutes of the market other than that it’s free game um I’m going to go into what the indicator is right now um and I’m going to show you some cool things about it so let me just first of all we’re on the five minute chart this has uh nothing to do with it nothing to do it so basically you going

To go on the F minute chart this is a free indicator with uh trading View and it’s by Lux algo it’s called three bar reversal pattern and basically it forms these little three bar reversals and uh it just works it just works I am going to cancel out of the replay mode this is literally today you would have caught this top um basically my stop would be the top of the box so in theory this would only be one uh alert

Because you’d get this alert you would have went short at 7:09 your stop would have been 7:30 you never retouch 730 and then you could easily get I mean easily get 10 points but forget about 10 points you would have caught uh the dump you would have caught the dump dump um but I’m just going to show you I’m not going to go through all of it I’m just going to show you a couple things and I want to talk about

It uh further but I’m just showing you that’s a down one uh this is right off rip I probably wouldn’t have taken this because it’s the very beginning of the day it doesn’t really work that good uh during other sessions I should say New York is really where it works you know this is a winner this is uh that’s pre-market but this is a winner to the up you would have caught uh uh well this is right at the end of

The day you would have caught that I’m just trying to get one that’s here you go right here there’s a couple of them so right here one two three up easily would have smashed would have smashed again um it just works so it’s something I’m putting on my on my charts I will be using it um I’m going to talk about this in the Discord if you’re not in the Discord the links in the description of the video um I have

Many other videos like this one but this it just works a lot shout out again to whoever showed me this on the live stream but as I back test it um lots of winners just lots of winners you know these are quick little scalps you know this three bar and then it’s you would have closed right here and down would have easily got got paid um so yeah it was 28 for 33 84.8% win rate 5 minute chart on the NQ

I haven’t tested it on crude I didn’t test it on gold it’s something I’m going to be forward testing um next week I most likely will use minis not min uh like five micros just to get my feet wet and then maybe I’ll move to minis so that’s the deal I needed to show you guys this awesome little indicator if you don’t have trading view make sure to get it um so yeah I will see you on the stream if you

Have questions comment on the video and I will be sure to get back to you

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What’s going on guys so we had another good day on the stream um before I get into that if you’re new watching this we stream every day 10:30 till noon 2: p.m. to 4:30 uh smash the like button and if you want to support the stream use coupon code Cove Trader um I have uh a pretty good video coming out over the weekend I’m going to do a back test and not only I doing a back test I’m going to do

A monthly recap as well and uh that’s all going to be out over the weekend but uh yeah I mean we we did pretty well today so I blew one eval which was right here other than that this funded account is up eval is up this is a funded account up about 600 bucks uh these are all I only have funded accounts in Apex so I have 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

16 funded accounts we were doing well this account was only down $72 until I got yo-yoed at the end of the day um I knew it was going to drop and sure enough I mean I just took little L’s little L’s and then finally we got the drop um but yeah I think overall it’s good um we secured payouts we got a payout uh I’m trying to think last week we took out two payouts requested a third got denied um this

Week I took out another payout from uh TOP Step so that was good uh we’re getting payouts pretty much every week so far so things are going pretty well um today was definitely one of those days that anything could happen um price action Was Not Great by the way I’m testing out some new uh some new indicators by the way uh I will make some videos about them as well you can see look we broke the trend and that was my

Entry um so yeah testing out a couple things also a couple different time frames as well I’m I’m going to start one of the things that people have said to me is they want a little less scalping and more like longer trades so I guess people you know whatever I am going to start doing longer trades with smaller size so it’s easier to look at and really trade off to five um that’s that’s going to be my goal going into next

Week to just make it easier for people because I know I do scalp I do scalp with size sometimes and you know even though I Scout two minis you know quick five 10 points it’s great for me because I’m up two 300 bucks 400 bucks but uh it is harder for other people to kind of get why I did it and even though I go over the trades I think smaller size will be a little bit better um so yeah so

I’m going to go over that I’m hoping to take an apex pay out I have this account that’s close this account that’s close this account is over and then I have this account and this account that’s close so we’re close on a lot of lot of accounts for payouts um I got a bull KNX account that is about a th away from payout so we are in line for some payouts next week um and that’s pretty much it I think overall

It was a good week we did poker if you want to learn more about that uh come in the Discord come on the live stream we’re going to continue doing poker and uh pretty much it I hope you guys enjoy the weekend Super Bowls this weekend and uh yeah enjoy everything I will see you Monday at 10:30

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What’s going on guys so another monster day in the chat um before I get into that we are doing uh prop for poker tonight if you want to join uh go to the Discord it’s free the link is in there if you don’t have a link to the Discord it’s in the description of this video uh if you’re new we stream every day 10:30 to noon again 2:00 p.m. till about 430 and uh if you want to support the channel use

Coupon code Cove Trader it will automatically give you the biggest discounts at all the prop firms takeprofit Trader Apex my funded Futures tradify and many more so uh I’ll just get into the day we didn’t really trade much um we just picked our spots and then we basically slammed it uh you know we did this after hours I did this after hours um after hours trading was good uh obviously Amazon had earnings I’m going to get into what I uh my

Trade plan for Amazon uh once we reopen at 6 I’m going to get into that at the towards the end of the video but I do think um we had a good day I had one one issue this account I blew I ended up passing the account so that will replace it actually this account I blew I already took a payout so that’s already a payout account um I got another day in here I’m going to take a payout out of

This account and um yeah so that was good my funded account my Pro account with take profit Traders up 325 on day one these other ones I’m building up as well pretty good so we had a decent day there and they already took this out but I did about $200 in this funded account um and as you know I already took a payout they paid me yesterday in TOP Step so today was the first day of trading this all I did

Was Scout this just for a little breathing room um I am going to trade this account once we reopen at 6 o’clock um I’m going to go over the Amazon earnings call and kind of decide which way I’m going to take it right now I’m probably I was leaning down even earlier um as of right now Amazon’s starting to sell off so what I think might happen is we might open at 6 we might pop a little bit and then I

Would look for either a gap fill to short and I’m basically going to hold uh five five micros um and I’m looking to hold it pretty much all night um you know this is end of day so I’m not too worried and I’m willing to risk the account that’s about 70 points uh I’ll be able to give up so 70 points is pretty much uh depending on where we open up it’ pretty much be high a day it would be my

Stop and it is what it is that’s what I’m willing to risk and um you know I I do think that wherever Amazon goes it’s going to push the market so I think we can get a really nice trade I am going to though dig into the Amazon conference call the numbers and make sure I have the right play before I uh I take it but uh I’m also going to be trading live tonight uh I’ll jump on around 8:15 trade

The uh Asia session while we play poker so if you want to trade tonight come join if you want to play poker and trade come do both but uh we should have some fun tonight so that’s pretty much the deal but yeah we’re stacking gains taking payouts uh I feel like every week we’re taking payouts one two or some some weeks three payouts so if you want to join the fun of payouts come on the live stream tomorrow uh 10:30 all

Right hope you guys are doing well and I’ll see you tonight if not tonight tomorrow

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What’s going on so we are about to pull out uh another TOP Step payout uh we’ve just been pulling out payouts all over the place Apex my Futures TOP Step um before I get into that we stream live every day 10:30 to noon and again 2:00 p.m. till about 4:30 uh if you want come on the live stream uh uh we are just banking money over there if you want to support the Channel smash the like button subscribe make sure you

Use coupon code Cove Trader it will automatically give you the biggest discounts at pretty much all the prop firms but yeah so here I am again now you’re going to say why are you only taking out that amount of money well I’m going to tell you right now as soon as I reach the minimum I take out what I can and basically covers the account which is the eval cost the activation fee whatever else so I take the max out so

I know no matter what this account is positive and then when I trade with it I know I already took out my Max and I just now build it back up obviously when I build it back up the second time I aim for much higher amounts but right now I could take a $600 payout out uh average winning trade the uh percentage 76% um yeah so I mean just you could look at the stats I uh I am not in trades

That long as you can see I did not even realize that but I definitely do scalp a lot um you know I’m just looking at the uh the average trades this is pretty cool never really seen this before obviously some days I trade more than others my goal is literally I hit the $200 a day I’m done and then I uh I just move on to uh another account so I am going to request a payout here uh and I just

Want to show you everything and like I said always take the most amount of money so I’m about to request here and let’s see how it goes all right so I hit request payout this is the screen I’m at um I am going to reest Quest a bankwire that’s how I did it last time it’s how I do it every time so I am going to continue and I’m just going to hit the button so follow along okay so I just

Followed along I submitted for $64 which was the max that I could um I’m just going to make sure they take the money out and then if as long as it’s out of my account tomorrow I’m going to be back trading this and now the next next goal is to just build this back up um to maybe 52 53,000 and just keep taking payouts along the way but now I know I’ve taken out enough money that all of my costs for

This account are taking care of um so just say it takes 150 for the activation 50 bucks for the thing so it’s 200 bucks I have4 400 extra to spare which would be more than enough for say three more evals and a funded account that’s 150 250300 so yeah I’m still uh I’m still in the positive to get another funded account if this one goes being that if my pass rate was 33% so always take the max payout and if you

Want to watch me grow this account uh tomorrow or anytime on the stream come join us all right

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What’s going on guys so before I get into this whole Apex thing uh we stream live every day 10:30 to noon 2 p.m. till about 4:30 uh if you like the video smash the like button subscribe also be sure to use coupon code Cove Trader it’s going to automatically give you the biggest discounts at Apex takeprofit Trader bu funded Futures tradify and many more prop firms so last week I submitted a payout for Apex on Monday got approved Tuesday got approved

For another one I submitted a third payout last week on Wednesday and then I went away uh I did not look until I was back today and sure enough denied somebody in my chat told me I always get approved because I’m a streamer well that is not the case my friends apparently I broke the 30% windfall rule uh my account is at 53,500 but uh yeah I guess I broke the 30% Rule and they’re not paying I know sometimes it’s some

People have told me that this is a flex rule that it’s not automatic but uh yeah they uh they slam me now so people are wondering what happens I basically got to trade the account for eight more days and then I got to figure out how much I made on that one big day and I have to make that big day under 30% of my gains um and that’s pretty much it but uh I don’t lose the account uh the account’s

Up a bunch so I guess I just keep growing it but uh yeah it doesn’t matter if you’re a streamer or not uh we get denied also maybe they were just tired of paying me they said hey three payouts in a week is is too much and uh we’re going to cool it off for a little bit I don’t really know but uh at the end of the day I’m going to have to trade this account and uh just build it

Up I am also $500 away from taking a payout and two more of their accounts so uh we’ll see what happens I’m also submitting a payout today for another prop firm so even though this one was denied I know the other one will get approved so uh pay outs keep coming so if you want to get payouts you want to follow along as I trade uh subscribe come on the live streams on uh on YouTube and uh ask questions and see

How I trade but uh payouts have been plentyful so far in 2025 and uh I plan to keep taking more through this month so hope you guys are getting payouts also if you’re not come on the stream let’s talk about it uh but I’ll be be on at uh 10:30 tomorrow so I shall see you then

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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

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What’s going on guys so I’m going to get into the bests siiz prop firm accounts on some of the uh some of the prop firms here before I get into that we stream live every day 10:30 to noon 2:00 p.m to 4:30 if you have questions come on the stream I ask uh I answer everybody or uh comment on the video and I will uh get right back to you also if you like this video smash the like and uh if

You use any these prop firms use coupon code Cove Trader to save the most amount of money so uh let’s jump into it real quick um the different account sizes I personally so I’m going to go over these are the most common are 50k 150k and then a lot of people like the 25s um the draw down there’s no more daily loss limit with take profit Trader which is nice this one is an end to day trailing draw down which means

A at the end of the day the highest point when the day ends not in day um but you know you have to get $3,000 2,000 draw down you know so if you did that if you had to make 3,000 and now you got to make three times that three times that’s 9,000 but your draw down didn’t go up three times three times the draw down would be 6,000 here it’s only 4500 so that’s what I don’t like and it’s the

Same thing with Apex you know when you look at these plans um you know the hund you know you need to make $99,000 trailing is $5,000 you know but when you go to a 50k account it’s only 2500 and that’s you know a lot of the newer Traders see the money and be like oh you know $150 K you know bigger accounts bigger payouts but the real problem is uh a lot of newer people end up in Big Draw downs and

Uh it it stops them out you know they’re not able to get to $99,000 they make you know they might make $5,000 and then all of a sudden they come back to almost break even and the accounts destroyed um you know if I a newer person I would probably stick to 25 and 50s because the profit goal and the threshold are pretty much the same you know $3,000 2500 draw down that’s pretty close plus it gives you a good amount of

Draw down to play with you know it doesn’t make sense like the 75k you have to make $1,250 more dollars and they only give you $250 more of draw down just doesn’t make sense same here now I have to make compared to the 5050 I have to make $2,000 more dollars and they’re only giving me an extra $500 of draw down just things like that don’t make sense obviously there’s a big jump here um I would definitely recommend though if you’re

Newer staying with the 50s obviously if you’re more experienced you’re can to have less of a draw down you can obviously pass the 150s or the bigger accounts you know same thing goes with here you know you go from 2,000 end the day to 3,000 but I got to make double the amount of profit Target so if you’re newer stick with a 50k or 250k if you’re more experienced obviously you can go bigger the one thing I will say though with

The bigger accounts are good for with Newark people is they can get a bigger account but trade the account like it’s a 50k so maybe you’re Trading a couple micros and you can basically build a trading strategy without blowing accounts and that’s the only time I would say a newer person should get a larger account but I hope this shows you a little insight on the draw downs and what account size uh you should go with