Category: Videos

  • Get Quantower For Free Just Like This – Prop Firm Trading Strategy

    Just click this link below to get a Topstep account which gets you the data for Quantower Trading Platform

    Transcript

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    What’s going on traders? So, I bet you didn’t know that you can get Quantower for free. Quantower is pretty cool product. Um, first of all, just let you know we stream every day 1:30 till the end of the day. If you want to join us on live stream on YouTube, it’s free. Um, and in order to get Quantower for free, click on the description of this video and there’s going to be a link for Topstep. Click that link. You’re going to

    Need to get a Topstep account. Um, obviously if you’re trading prop firms, uh, Topstep has a ton of benefits, but this is one that you probably didn’t even know about. So, once you have a Topstep account, um, you don’t have to pay the $70 a month for Quantower. Basically, you get you download Quantower and then you connect it. So, right there, this will pop up. You click here and instead of this, you will put all your information that Topstep sends you

    In the email. And then, um, let’s move that off. And then you kind of set it up. I got this for the footprint chart. Um, I wanted to use footprints and I didn’t want to pay for it. So, I was thinking about how I can get it for free. And I learned today that Topstep gives you Quantower for free. Now, they have a lot of other really cool stuff here as well. Um, but this was what I wanted to do. I

    Have a pretty good strategy that consistently makes me money, but I want to add this footprint to uh, kind of take it to another level. And yeah, so I just got it. I kind of set it up the settings a little bit different than the ones they give you. Um so this is what I’m sitting with. And I don’t I’m not using this after hours. This is a more uh you know, during the market hours type thing. But, they also have

    Everything else in here that you want. All the different charting um indicators. Here’s all the indicators. I’m just scrolling through everything that’s in here. So, you know, I’m using it for this. But, uh Oh, they have pivot points in here. That’s interesting. I trade pivot points a lot. That’s pretty cool. I will uh I’ll test that out. So, anyways, um that’s pretty much it. I mean, you know, I just want to show you guys how to get this for free because

    I know a lot of people talk about Quantower, but they don’t want to pay the price. And I think it’s worth just for the uh footprint charts. Um basically, this is order flow. And it kind of I have it set for volume on one side and delta on the other. I’ll show you real quick. I right click. I go to um volume analysis. You do cluster. And then after that, you go to settings. I have uh You go to cluster again.

    You go to type is double. T- del- uh data type one is the volume, so left side is the volume. The right side is delta. So, that’s the The delta is the difference between the buys and uh and the sells. So, you know, obviously, positive delta, there’s more buying. Negative is more selling. I changed it to histogram and I changed some of the colors to uh solid colors. And that was pretty much it. And then I I also did uh settings

    And I took off Where is it? I scrolled down. I took off show um symbol description so the background doesn’t have the symbol on it. And that’s pretty much the setup I have currently. I’m going to dive more into this, I think. But uh I wanted to add this to my uh trading style, just another way to help me scalp a little bit. And uh you can get it for free with Topstep. So, what better time to get an account? Everything,

    Click on the link in the description and uh get yourself an account. All right. I’ll see you guys on the stream.

  • We Caught The Bottom On The Stream – Take Profit Trader – Apex Trader Funding – Topstep

    We caught the very bottom on the live stream. Lost a funded account today but gained one. Also stacked gains in most of the accounts. I will try to stream again tomorrow AM.

    Transcript

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    Yo what’s up guys so I’m doing the recap video midday as you can see because I’m heading out for the rest of the day um if you were on the stream this morning we smashed some some trades I mean we just smashed it look you can see we I only took this this account for a small one we caught the very very bottom I told myself I was going to start holding five uh minis anytime I think actually five micros anytime

    I think the bottom is in and I ended up selling them in another account up around like 829 area but oh before I get into the full recap uh just want to say if you’re getting any new accounts use coupon code Cove Trader save yourself money everything is in the description of this video um so yeah as you can see I’ll just I I might just take this trade while I’m on the stream right now um so anyways this account is

    Down a little bit today um this one is ripping this is more than halfway to a payout this one’s up 573 today these are just evals this one’s down 234 this one’s up 239 um also I am up 85 bucks in my rhythmic Trader Pro account um oh I got the I got my well this one’s up this take profit Trader um this is my new takeprofit Trader funded account we’re up $195 in it uh I want to get this past

    The buffer and just keep taking uh daily payouts so uh if you want daily payouts great yourself a takeprofit Trader account um but yeah I I pushed this TOP Step today hard because it rebills so I uh dude trades that easy boom boom what what was that I don’t even know how much that was there you saw a live trade 7750 that was quick um I actually passed so if you’re on the live stream today okay uh I basically passed an

    Eval by going outside you ask how do I do that well I basically uh which one is it no that one’s up NOP that one’s down oh it’s this one so I [Music] basically took this short right here we took this short short I basically said I was going to go short it and uh I had to go outside to go meet somebody for a camera for outside my house and um yeah I just I went short and said hey I

    Think we’re going short I’ll be back in 10 minutes I came back and we were over so I passed this that’ll be another funded account which is nice um yeah I’m moving towards pay in a couple of these accounts uh I think I’m I feel like I’m going to request anywhere between four and $6,000 on August 1st um I think so this one’s new any account that you get today over will still be ready for the window for a payout um

    So that’s good I think I can get just by looking at this this is this one’s kind of the draw down is rough but the account is obviously up a little bit I ended up smoking that one but this one is $2,000 away I I could probably get that to pay out I probably get this to pay out and then this one’s up a little bit but this one is $1,300 away from a payout so I’m thinking two or three accounts

    Will get me to pay out um and I’m also going to start just pushing up my takeprofit Trader account so yeah I mean things are going well over here um I started playing around with uh Quant Tower today using the footprint charts um I don’t know if you guys have ever used these before but uh I’m basically trying to scalp on the footprint chart I’m going to be playing with this on the live stream also a little bit so uh we’ll

    See what happens um you know I’m trying to get a little bit of a strategy here this is the Delta on the side and then total volume as you could see uh the Delta is positive positive positive um but I want to be able to scalp within the candles so I’m just figuring out the strategy that’s going to help me on the scalp side but that’s it if you’re not on the live stream you’re missing out we literally caught the bottom

    Today right at this pivot point I mean it doesn’t get better than that so if you’re not on you’re missing out for you guys that are on WE banked and uh yeah I will hopefully see you tomorrow on the stream if not I’ll be back on Monday okay

  • You Told Me To Do It And Guess What Happened – Take Profit Trader

    You Told Me To Do It And Guess What Happened – Take Profit Trader

    Transcript

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    What’s going on Traders so not too long ago I made a video about a different firm and a lot of the comments were for me to try out takeprofit Trader and I was like all right well if you guys want me to try it out I will try it out well boom today takeprofit Trader over so now I will have a fun takeprofit Trader account starting tomorrow the goal of this account is literally to grow it past the buffer and then

    Just take daily payouts um I believe the buffer is like $2,000 and then um I’m just going to keep hitting it for daily payouts every single day just whatever I’m up I take it out um how I got this over without hitting the deli loss liit or anything I basically just took A+ trade setups I didn’t do anything crazy I only took uh took A+ setups I mean the big setup of the day was uh was right down here I took

    Off of uh I’ll show you exactly why I took that and if you were on my stream on YouTube you would have seen uh why I took that so the hourly Pivot Point look at that that’s perfect hourly Pivot Point right there boom so I took that trade and uh yeah made a ton of money in a all my different accounts not just takeprofit Trader um but yeah so I crushed it and then um yeah so now I’m funded so the

    Big thing about takeprofit trader is obviously the daily payouts but what’s even better than the daily payouts is there’s no activation fee so I don’t have to pay $105 or $149 or any of that it’s basically free if you want to get an account use coupon code Cove Trader and uh it’s 40% off and no activation fee currently and yeah so basically that’s it um I’m over I got this other account that is almost halfway there I guess I guess 4500

    Would be halfway there so I’m a little uh less than half I did this 3700 just today so that’s obviously a pretty good start to uh the account um but yeah I’m hoping to get a 50k and a 150 over and uh just get to the point where it’s just daily payouts I mean honestly there’s nothing better than hitting that payout button every day um so yeah so that’s where I’m at I want to say thanks for telling me about takeprofit

    Trader because I probably wouldn’t have done it unless you guys all commented so uh thanks for telling me to come over here and uh it’s just nice to kind of diversify in in firms um I’m on a couple different firms and uh yeah so that’s my takeprofit Trader journey and uh I’ll let you know how the funded account goes all right if you’re not joining our live stream every day be sure to come on we we stream 1:30 to the end

    Of the day mostly and uh yeah super profitable all right see you guys uh on the stream take it easy

  • Our Live Stream Crushed It Today – Apex Trader Funding – Take Profit Trader – Topstep

    Our Live Stream Crushed It Today – Apex Trader Funding – Take Profit Trader – Topstep

    Transcript

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    What’s going on Traders so wow today was a great day uh before I get into the day uh we’re streaming every day if you’re not in the room you’re missing out on these great trades be sure to follow us on YouTube click the Bell so you get notified when uh when I go live and if you need any prop firm accounts use coupon code Cove Trader and save yourself money but let’s get into today so we’ll run through this PA account

    This is a funded account is up 570 bucks so this account is the only one that’s down and the reason is I tried to push it to go um to try to get a payout for this period and kind of took a hit lost a th in it today other than than that this one’s up a th000 this one’s up $494 this one’s up $439 this one’s up $647 I also have a rhythmic account on my laptop that’s up $650 in

    A funded account and a bullnox funded account that’s up $790 and then also I have some of these guys this these are some eval that’s up 2200 uh that one’s down a little bit that one’s down $43 that one’s up 862 that’s an old one I wasn’t even traded today oh not wasn’t traded today either so overall we smashed we only had the one PA that was down the rest of them were all up oh didn’t even go into my top

    Step my top step account is up two grand and then takeprofit Trader is up 1,700 and I am now funded in takeprofit Trader and then my other takeprofit account is up $3,700 um yeah these are all done basically live on the Stream So if you’re not on the stream you’re missing out but yeah so I passed uh takeprofit Trader this is gonna be my first funded takeprofit Trader account um I’m super excited and uh there’s no activation fee so what’s good

    Is I don’t have to pay an activation fee if you use the coupon code Cove Trader it’s also in the description of this video you also would save 40% and not pay an activation fee so tomorrow I’ll be trading this as a funded account and uh uh yeah so basically Mo every one of my accounts is basically up uh big except for that one funded account so we basically Hulk smashed today um let’s get into the moves literally the bottom was

    The hourly Pivot Point uh we definitely took that trade and I’m curious if overnight I’m probably going to take a five I’m going to be looking at this level I’m probably going to take a five micro uh trade at some point and hold it to see if it bounces like a 100 points um but let’s go to the uh intraday this is a in a long time that we’ve been this is support level five I don’t remember going below support level

    Five in a while but you could see you know first touches worked here I definitely took this short right here um there was definitely some great price action today for what I trade um you have to be able to trade bounces and shorts if you want to make money because uh you got to trade both ways but uh overall it was a it was a pretty good day I mean you know came up Pivot Point 34 rejected 34 rejected um yeah

    It was just good I think this stems from Trump’s remarks overnight um being that we just gap down this is the daily uh this is a pretty big gap down this is a pretty good big gap down and then drop um I don’t know I could see us coming down a little bit more um I mean we definitely needed a pull back I mean we were just at 503 we just dropped like 20 something points um I would like to see

    Another 20 points that give you a nice little 10% drop maybe down to this 471 level there are gaps that need to get filled and usually they do uh 468 down here is a gap fill uh you know you could see like this was a gap we filled it and then came up I wouldn’t be surprised if we G Phil and then uh and then come back that would be a kind of a great pullback to be to be real like

    468 will allow you will allow a lot of new money that’s sitting on the sidelines to be pushed back in um to kind of continue this uptrend uh yeah that’s probably what I’d be targeting somewhere around 471 to 468 um that’s probably my targets on the NQ let me see what the NQ is on the daily I mean you’re looking at the NQ yeah 19,000 would be nice that’s the breakout actually the 19,000 was the breakout but I don’t think we’re

    Going to get that low I think we’re going to bounce somewhere around here what I would uh what I would think so that’s my thoughts I don’t want to get too far in the weeds we had a great day and uh if you’re not in the room be sure to come in

  • Take Profit Trader Promo Code – Coupon Code COVETRADER

    Take Profit Trader Promo Code – Coupon Code COVETRADER

    Transcript

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    What’s going on Traders so I’m making this video because we were on the stream and somebody asked me why takeprofit Trader is so much money I replied back what do you mean it should be $100 and they said no it’s 170 guys use the promo code Cove Trader it’s in the description of this video you will save 40% and there’s no activation fee so when you go to the right here when it says fees for a pro account $130 fee that

    Is waved also so you save 40% plus there’s no activation fee so nobody should be asking why it’s $170 um because it’s not see if you don’t use the promo code it’s 170 a month if you use the promo code it’s only 100 also there’s an activation fee if you don’t use the code if you use the code no activation fee so I don’t want to see you guys spending extra money when you should be using the code to save the

    Money so I just felt the need to make this video to make sure you’re not wasting any extra money and you know put it back in your pocket but now that I’m on takeprofit Trader as you know we’re talking about it if anyone’s thinking about joining you know seam day payouts is great no activation fee is amazing because I’m about to get funded uh with them and I got one well actually I have two accounts now but one account uh I’m

    Three quers almost three quers of the way to to funded um daily loss limit is there it’s 1,100 bucks I I talking about the 50k accounts you have the end to day draw down which is great what’s good about end- day draw down on the eval is you can let your winners run and you don’t have to worry about uh the intraday draw down once you become funded uh there’s no consistency rule so you can slam contracts and basically take out

    Money same day uh it’s really great to be honest with you uh everything about take profit tra is great they pay you really fast I’ve never heard anybody have issues with payments um you can use trade of eight you can look at a video I made about my trade of8 setup um you can also get rhythmic accounts with them but yeah it’s it’s pretty simple here rhythmic goes with a rhythmic Trader Pro Quant Tower there’s even more and then uh the

    Other one goes ninja Trader you can use trading view with them which is super cool because I actually use trading view to you know make all my trades so I can just sync them with trading view uh I currently use trade of with uh takeprofit Trader and then just some of the things right here the test account has a 50% consistency rule but obviously once you’re Pro there are none um there’s no scaling plan yes there’s a buffer once you’re uh

    Pro but that’s no big deal to be honest with you there is no Max withdrawal amount which is great you can keep on taking money out daily if you want to um you got have three accounts but being that you could take out as much as you want you don’t technically need refunded accounts but if you wanted to to kind of trade each one a little bit different that’s great as well and then at the end of the day you can

    Just pull out your gains um but yeah I just made this video because uh I don’t want to see anybody paying full price for takeprofit Trader or really any prop firm at that matter so I just want to make sure you’re using the coupon code and uh saving money you know you don’t want to be spending money that you don’t need to you know save $70 plus you don’t have to pay the 130 activation fee so there you go everything’s in

    The description of this video and I will see you guys on the stream we stream every day 1:30 through uh the end of the day all right I’ll see you tomorrow

  • How To Copy Trade With Take Profit Trader – Apex Trader Funding – My Funded Futures – Tradovate

    ✅40% Off Take Profit Trader Plus No Activation Fee Coupon Code COVETRADER

    Transcript

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    What’s going on Traders so one of the big questions I was asked on the stream today was how to copy trade uh your trades on the trade ofate platform um within Apex or you know takeprofit Trader so I’m about to jump in before I do make sure to join us on the stream every day 1:30 to close and if you’re looking to get a prop firm account save money use coupon code Cove Trader or go to the description of this video

    So here you go basically it’s super simple uh you’re going to click here and you’re going to go to manage groups and then uh you kind of create a group name so we’re just going to call um this I guess funded accounts then I’ll just kind of move the PA accounts you know however many I want to move over so these are all funded accounts if I want I can make an all funded accounts I can just do three of them

    I can kind of do whatever I want and then uh just leave this so it’s equally weighted you save it so one thing that I’ve done before is you want to make sure that the last account you were in is part of the funded group page and now because this is a group of three you can’t just buy one at a time so this is really important because they spread whatever you buy out equally you got to buy in in in

    Threes because I have three accounts but as you trade this say I trade this I’m buying three and they put one in each account or I buy Six because well I can’t do six because they don’t have it but you know however I want to do it just remember when you go to switch to one of your other accounts you first of all whatever I do see it still says funded accounts so it’s going to buy in this account plus the

    Funded account so you have to uncheck this see what I just did when you’re done with your funded accounts check that now I’m out of my funded accounts or out of the manag group but remember when you go to buy this is still at three so you don’t want to get caught thinking you’re going to be buying one and now you’re buying three so when you’re doing groups and copy trading you got to be very careful and you know so you

    Basically I feel like what most people do is they copy trade the amount of accounts they actually want to be trading that day or they’ll create a funded account and an eval account and that’s primarily what they would do but what you don’t want to do is like I’m in here so now I’m going to I’m going to be putting contracts in there plus the funded accounts and then uh you know you switch but you think you’re out of the funded

    Accounts but you’re still in the funded account so when you’re done with your group you got to click it off and now it’s gone and that’s kind of you know what it is is it the best copy Trader out there it is not but the fact is it’s free and this is what Trad V offers so this is it that’s how you set it up and you can create as many groups as you want um you know evals and then you

    Know I’ll move over a couple evals whatever it is save now I got my evals see and you could switch to funded and then you switch off of them so just make sure you know what you’re doing and always test for argument sake say you do set this up your best bet is is to go to minis uh to go to micros and maybe you you just test it you know one it’ll put one micro in each and then you go

    To the accounts and make sure they’re all set up correctly always test I mean what is it going to cost you it’s going to be one uh one micro so it’s only like a dollar or something in each account um but just make sure you’re set up correctly and everything’s working right you do the micros and then once you know it’s correct you then switch over to the size that you want to be Trading in so that’s how you do the

    Copy Trader on Trader eight it works on takeprofit Trader uh my funded Futures uh Apex anybody that’s using trade of eight and it’s free so if you have any questions comment on the video but that’s how you copy trade on trade of

  • Apex Trader Funding Tradovate Not Working Do This

    Apex Trader Funding Tradovate Not Working Do This

    Transcript

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    Hey guys so if you having trouble with Apex Trader funding today this is what you should be doing should go just find another prop firm to use everybody seems to be married to one prop firm when you should be using multiple prop firms so I have Apex but you know what when Apex isn’t working I fire up my uh takeprofit Trader account or my top step account you know my funded future bull KNX you know by the way all the discounts

    For these firms are in the description of this video below save money and you could have been trading today um we streamed today in the room and there were some people that were just like I don’t know kind of not trading and whatnot just waiting on apex and don’t get me wrong I I like Apex but if it’s not working today I need to be trading to uh you know keep getting accounts and getting them funded and getting payouts so I

    Can’t just sit around for a day um and there’s other great firms and a lot of people don’t even realize it because they go to Apex first and they just kind of stay there so this is a great opportunity to try out new firms that you may not have uh tried out otherwise you know and the rules are pretty good um you know TOP Step the payouts are you know five days of $200 or more and you can get a payout

    On top step takeprofit Traer you can get a payout on day one um you know it’s there’s other firms out there that you should be looking at and have accounts with so if something’s wrong with one it doesn’t ruin your day and you’re able to still trade and that’s kind of where I’m going at is not to just put all your eggs in one basket um you’ve seen in the past you know they’re just having issues I don’t know what the

    Is issue is with uh Apex and trade of8 but they were having rhythmic issues also not too long ago so I’m not going to trade if they’re having issues so I’m going to wait until they fix their issues and I’m just going to keep growing my other evals or funded accounts other places but uh you know if you don’t have your other accounts you should just look at getting one or two I’m not saying buy 10 20 accounts but this is

    A great opportunity to look at what some other firms offer um Apex is on their not Apex uh TOP Step is on their own platform this is TOP Step X and uh yeah this is a great platform to use you have takeprofit Trader which uses trade of eight that was working today um you can see look I actually caught the very bottom the very bottom I did that live on the stream if you’re not on the stream you should join us

    Live trading every every day 1:30 till the end of the day um and I caught another one right there but yeah so Trader V worked for takeprofit Trader my funded Futures work for uh trade of um TOP Step X works so I just want you guys to know that there’s other firms out there you don’t need to stay married to one firm and being that they’re down today it’s a great opportunity to test out other places with other rules that you

    May like um you know TOP Step has the daily loss limit people don’t like that but you know what’s nice about it it stops you from going on tilt because if you lose the thousand bucks it stops you from trading for the day and then you can have the account for tomorrow you don’t blow the account so TOP Step has that um takeprofit Trader has no activation fee so if you get funded there you don’t have to pay $105 or $165

    To get funded it’s actually free so you save money there uh my funded Futures is zero activation fee also um and like I said coupon codes and links for all the sales and everything are below this video in the description save money today and uh yeah I just want to let you guys know that if Apex isn’t working just go try another firm that’s it simple as that all right hope to see you guys all on the stream tomorrow take it

    Easy

  • Wild Price Action To Start The Week – Take Profit Trader – Topstep

    Wild Price Action To Start The Week – Take Profit Trader – Topstep

    Transcript

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    What’s going on guys all right well the theme of the day was apex not working on trade of8 and then I guess later on in the day uh rhythmic issues but uh before I get into that if you want to try other uh prop firms that are on apex go in the description of my video and uh use the coupon code Cove Trader or click on the link for TOP Step Andy try some of the other platforms that uh worked today

    So uh yeah so that was the theme of the day um so I basically traded the top step account as you could see we’re up uh 716 um trying to put in work here to get this back up and then uh that was obviously a good day I messed up over here um this was up basically this was up to 52,000 100 and then I dropped it all the way down to 51,000 and then at the end of the day I

    Made back this after hours trade for 225 um so I put in work on uh this and that was all I could trade today I actually traded rhythmic on apex and I was able to get an account over so I should have another funded account tomorrow so if trade of8 doesn’t work hopefully the uh rhythmic one works but people were I could use trade of8 with takeprofit Trader I know people were using it with my funded Futures uh TOP Step X

    Worked so all these other platforms work and uh like I said if you want to save money it’s all in the description of this video um today was actually a pretty good day um you know we the biggest thing to me which didn’t it didn’t really respect uh the pivot Points today but uh you know it happens so yeah right out the gate today we came down to uh vwap and then we just exploded on up which was a huge move

    I mean huge move we took out right around if you look this downtrend right there the downtrend broke out then we basically trended back to the 34 which is always my buy Spot and kind of took it up um I think I took a quick short right here but I I didn’t really like it because we were grinding up really slow so I kind of felt like we were going to break over and sure enough we did um whole numbers always

    A great short as you could see we were almost at 20,800 we were right there always worth taking a a stab at it and if you did you would have banked pretty big um so yeah we came down uh it didn’t respect really the pivot yeah we got a little bounce here but uh just really wasn’t that type of day so I traded my other indicators so you have to know when one thing isn’t working to switch and that’s kind of

    What I did I just kind of traded other indicators that I know work um you could see you know we we took bounced back to 34 perfect short opportunity same here again um yeah and then we just kind of trended down for the majority of uh of the day for the most part for a couple hours and then you can kind of feel the bottom was getting uh getting made here um yeah I mean again didn’t respect pivot Points blew right

    Through it again but I was smart enough that I did take a shot at the pivot point right here but when it didn’t work I took a shot kind of at the whole number which is 20,500 I did jump the gun by seven points but it was wor worth it and you could see we shot up really fast there’s people on our stream by the way if you’re not on the stream you should you know get on WE stream on YouTube

    But uh yeah I mean there’s people that held this for like 50 60 points I got about I think I got 15 or so 20 points but there’s people I held uh for the big bag and then uh basically at the end of the day I took a when we went dropped and came right back I took a long and we broke over and that was kind of my day I was testing out this indicator um I’m not sure how I

    Like it it’s called UT bot alerts and it obviously it looks great but um the buys basically don’t come until the candle’s done and these are different types of candles so it’s definitely Delayed Action you’re not catching the Bottom by any means um um but it’s interesting enough I’m going to be playing with it for the week and because you don’t get the best entries because it is delayed I was playing Five minis uh five micros with this instead of minis

    Uh to kind of make up for the uh the bad entries but uh I think I think it’s a good tool I don’t know if I’m going to be following it or if I don’t follow it what I’ll do is if if I end up getting in say I’m long I might bring this up and uh and as long as this doesn’t have a red candle kind of just stay in my trade so this might I might use this to stay

    In a trade more or less not looking for a buy or sell signal but if I should stay in the trade or get out so I’m going to play around with this we’ll see what happens um yeah so that’s pretty much it hope you guys made some money I want to catch you guys on the stream and Hope hopefully Apex is working tomorrow so uh we can start really slamming some contracts I want to try getting uh I wanted to try

    Getting this for a payout so I was trying to get like a couple days of $700 um in profit I could still do it but uh yeah I’m I’m one day short and then this one I was hoping to get a good day and uh we’ll see what happens so that’s pretty much it and I’ll see you tomorrow

  • Weekly Market Outlook – Take Profit Trader – Topstep – Apex Trader Funding – My Funded Futures

    Weekly Market Outlook – Take Profit Trader – Topstep – Apex Trader Funding – My Funded Futures

    Transcript

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

    What’s going on Traders so every weekend I look back the week and then I look forward to kind of get some type of plan in my head um you know create some alerts just kind of look to see what’s going on um you know just so I have an idea of what I really want and this is how I catch my the big big moves both in in uh prop firms and options um I I zoom out cuz during the week

    You see me I’m trading on the one or the five mostly but now when I’m looking on the week I zoom out to the Daily the 1 hour the 4 Hour and I kind of get a gist of where I want to purchase um you know I’ll set alerts to buy intraday but also swinging options and things like that and just kind of looking real quick on the cues um I’d love to see a pull back to the 34 which is

    This uh Green Line you could see when we were trending up previously uh we basically kept pulling back to the 34 and then you’d get some solid bounces right off of it um you know we we did it again here so that’s kind of what I’m looking for is a pull back to the 34 which would be around I don’t know four you know by the time it reaches you know this is obviously trending up maybe it’s like 4 479 478

    So that’s kind of what I’m looking for um being that we sold off end the day Friday that is not showing strength but you know the whole Trump thing that happened over the weekend um I was reading the markets were you know were poised to make a big push on Monday so obviously news and world events can shift starts you know we cannot pull back and just kind of create new highs here without a doubt um that’s what news does but

    Just overall I’m looking for that um I do not like that we created a sell signal here normally when we create a sell signal we’ll get a couple days down um let me go to the one see what we got going on here I mean I would love to get you know some type of pullback to the at least the 200 here here be 480 actually 480 coincides with like you know the 479 area so that would be nice you can

    See we did that hourly dump at the end of the day uh I think if we do get under 490 we could possibly uh go down I have an alert set right here for a bounce at 487 that was the breakout point right here that we broke I think if we retest that you’re going to get a bounce um whether that balce lasts 15 minutes 1 Hour 4 hours 2 days I think you can get some type of Bounce in that

    Area um so I’m probably going to take an options position there and probably Buy in you know the prop firms as well um so that’s my first bounce Point uh let’s see what we got on the 15 15 we’re sitting right at the 200 I mean it could definitely turn from here I mean I don’t want to I don’t create like a bias I kind of set alerts and I already have my alert in so I just wanted to share that

    Uh with you guys but uh things are starting to on the larger time frames you know the hourly the daily we’re starting to turn back down um I do think we’re overbought I I mean listen like you bring up this is what the daily looks like I mean we’ve had a crazy run um we’re up you know what is this April from April till till now we’re up almost you know 20% I mean you know we’re up a lot here if

    You go to years past I mean obviously um Co and everything else but like this is what charts typically look like like up dip keep going dip a little bit and then you know that’s typically what you see is kind of like a steady grind you know you’re not you know these are all kind of steady grinds you know so for us the last couple years have been absolutely crazy I mean I’ve traded through a lot of stuff but this last

    Couple years have been Bonkers I mean that’s the covid drop and then they just pump money into the system um you know and then obviously the inflation caused the craziness I don’t want to get too far in the weeds but like you know we are having that grind pull back grind pull back but it’s large I mean you’re going from you know 341 to 500 in you know in less than a year that’s a a large large runup so I don’t

    Know when the uh it’s going to stop but at some point the music does stop um you know if you look at housing verse income housing costs are becoming not affordable for people um there’s a lot of underlying uh things that are happening in within the economy that people do not realize that um will come out once we start dropping they’ll be like oh well housing has been you know shot up and now it’s coming down like things that you could

    Look at um you know credit card debt like credit card debts at an all-time high you know no one’s talking about that because the markets are going up but once the markets start coming down then you know it’s going to become an issue or you know the average savings you know that people have is going way down so all these underlying things are happening but no one’s talking about it because the markets are making new Highs but once we start pulling

    Back these things will come to light and then it’ll be you know a factor and then you know that’s the next uh you know headwind but you know cuz obviously inflation is quote unquote in check at this point um you know do I think it’s check not really but you know that’s what they’re saying that’s what they’re telling us so you know I think there’s a lot of underlying things that are going on within the economy I think it will come

    Out but bad things typically don’t come out until the market starts pulling back so we’ll wait and see uh we’re obviously up a tremendous amount this year uh the earnings keep going up so it will be interesting I mean honestly it’s a handful of stocks that are driving this but it’s interesting to see um what happens but one bad quarter from them and um it might cause a downtrend for you know two years you might have that uh hangover from like

    You know the right here basically from 21 all the way to uh basically January of 23 so what was that that was I was about about a year a year downtrend so you know you might get something like that if we start getting bad quarters you might get a year or maybe two years of just kind of downtrend and you know and then kind of flat but uh I feel like the market needs something like this um just a real good

    Consolidation period let things cool off get the underlying economy in check and then we start going so I didn’t mean to get too far into that um I do think that I do not like how we closed um you know we dropped you know like 200 points end a day that’s not what you want to see so but after the Trump thing I’m curious if we start ripping on Monday or uh you know it’s a pop and drop we might have

    A open and then uh kind of just sell off so I’ll be I’ll be looking to play a bunch of things these are just my ideas This Is My Idea session um I go over a bunch of stocks that I’m looking to invest in as well I don’t want to bother you with that but just my thoughts on the market in general and um I guess we’ll uh we’ll go from there

  • 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