✅Take Profit Trader Coupon Code COVETRADER
Transcript
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What’s up guys so I wanted to do a takeprofit Trader review um I’ve used them several times for different uh accounts and I was going to go over kind of the different rules they have compared to some of the other prop firms that I’ve done the review on um just to start right now they’re running a 40% off for life and never pay an activation fee so whatever well this is their YouTube channel which is pretty insightful it’s good that they
Give you a video um yeah so basically I believe it’s $100 for the initial around about $100 for the initial and then there’s no activation fee which is great I believe they also have a reset on the pro see up to three resets so basically once you become Pro if you end up failing the pro account and can’t pull money out you could pay for a reset the pay for the resets actually vary depending on the the account size um they
Are expensive but it might be worth it it’s up to you um see right here it says fees for a pro account is a onetime Fe fee this is true a lot of the other companies have recurring fees if you watch some of my other review videos a few of them do have also onetime fees um none of them that I know offer Pro resets it’s only on takeprofit Trader which that’s a pretty good benefit contract limits that’s interesting that there’s
No um withdrawal I heard about this yes you could basically take take out the money uh you know pretty quickly that’s why a lot of people choose take profit Trader over some of the other ones [Music] um well the evaluation is 5 days some of the other ones vary some want you to do five I’ve seen 10 uh I’ve also seen pass in one day so 5 days is not terrible because it makes it so you’re not try trying to push
The account to go over in a day and you do stupid trades so even when I trade on ones that do have one day pass it typically still takes me two to three days so 5 days is not terrible at all and minimum days until first withdrawal that’s actually the best is zero days can’t really beat that um obviously they’re talking about you know why use prop firms you very use very little cash as long as you pass you basic basically
Using their money um yeah so it’s 40% off which is about $100 for the 50k I trade mostly 50s it just seems to be the best um so they have a daily loss limit of $1,100 if you hit that the account’s done um and then the end of day which means say you start at 50,000 and you go up in the middle of the day to 52,000 but the day ends at 51,000 then your end to-day trailing draw down is based
On the 51,000 not the highest peak and that’s a benefit because a lot of the other firms have uh trailing to the peak of the account so in that scenario they would have the trailing draw Down based on the 52,000 not the end of day so I do like the end of day um obviously they sync with uh Ninja Trader Trader V and trading View being that they sync with trading view that’s a huge plus so any newbies I I want
To say newbie as a bad term but anybody that’s new to this typically uses trade of baap it’s free uh it’s a halfway decent program um I prefer trading view uh I pay for trading View and has all better scripts and things like that I use trading view with all my trades even if I have a trade of eight8 account up to place the trades I am always using uh trading View at some point um the rhythmic data feed I use
Uh rhythmic Trader Pro on another PL firm I do like the software this one offers it as well which is nice cuz if I have rhythmic Trader Pro I can use takeprofit Trader and my other prop firms as well at the same time I like using multiple prop firms not just staying with one so that’s why I do make review videos about different prop firms cuz I think you should spread it out um and each one has a different set of
Rules and something like take profit Trader the bonus is you can take your money out right away so as we go down it’s just more of what they offer on the pro and they have a Pro Plus account obviously the splits are better um yeah commissions are better and there is no daily loss rule I like that so this is the one downfall and this is why I always say I like other used multiple accounts is uh with takeprofit Trader you
Can only have three accounts three paid accounts so some of them offer three uh one of them offers 11 one of them offers 20 like other firms so that’s also why I mix it up um I’m not all sold on one firm but I do like takeprofit Trader it should definitely be in your mix um and then we go to all the frequently asked questions they have a lot of information on their website overall I I would say that you should
Give this a shot I gave it a shot I like it I have accounts with them um never had an issue and it seems like they’ve been around for a very long time which is good because you want to get paid they’re always running a deal I I want to say the best deal I saw was maybe 50% off at some point um but this one is really good the the 40% off for Life uh and never pay an activation fee
Cuz as you saw with other firms I’ve seen activation fees um $105 [Music] $48 um you know so they’re always over a 100 so you’re saving that which is which is Big um yeah so I like it like I said I use it it’s in the mix you could see through reviews you could probably search on Reddit and Facebook pages uh takeprofit Trader pays you which is the number one thing because there’s a lot of shady uh prop firms out there
And you want to make sure if you pass you give them the money and you do everything that you get paid and everything that um you know everything that I’ve seen myself and with others uh there have been no issues with payments uh via takeprofit Trader so I would definitely give it a shot um they have a YouTube channel you can take a look at they got you know all types of the free Playbook if you’re brand new at trading you
Should probably uh get that or watch some of my other videos well that’s pretty much my review I mean they use trade of8 you’ve seen me use trade of8 um youve SE me use rhythmic Trader Pro so it’s just another firm the trading is the same and you just got to follow the rules and it’s pretty pretty simple so if you like this video be sure to uh like subscribe follow me when I’m trading live using these firms during the week
And if you have any other questions feel free to comment and I will answer them on the channel
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