👉 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 here to answer the ageold question which account should I get what size account should I get and I’m going to go over the different sizes what’s good about each what’s bad about each and maybe uh we get to determine which one’s the best um if you’re looking to save money on all of these firms uh coupon code Cove Trader will give you the best discount on each one it’s also in the description of this video
And if you want to come on YouTube 130 the end of the day we stream live live trading uh we give away free accounts and uh just have a great time so be sure to uh subscribe and uh come on over so all right so we’re going to go through the accounts um and which ones I think are the best for the size um um and everything else we’re going to start off with Apex um when I look at these sizes
Now just look at some of these this is rhythmic here we go right here so I want to say one of the most popular ones is the 50 you got to get 3,000 the draw down is 2500 and then that’s pretty good because it’s almost a one to one basically you got to make 3,000 and you can lose 2500 um you know and then once you get funded you could pull out $2,000 okay so basically you got to make 3,000 and
Then make another 2600 so you got to make $5,600 and you could pull out 2,000 if you go to like the 150 you’re G to have to make 9,000 another 5,100 so you’re at 4 14,000 and you can only pull out 2750 so you got to make almost three times the S the three times the profit to pull out an extra $750 I just don’t see it I don’t see that it’s worth it to be honest with you when you start
Looking at it and then it even gets worse as you make your way to the 250 plan you got to make 15,000 it’s just it doesn’t make sense it honestly doesn’t everyone looks at you know 150k I mean the threshold is only $5,000 so you lose $5,000 the account’s gone so you don’t have a $150,000 account realistically you got a $5,000 account and I think when you start looking at it like that and how much money you got to make and
What you could take out the $50,000 account is the way to go is definitely the way to go at least on apex let me uh let me go to some of these other ones so this one is the $33,000 9,000 same thing on takeprofit obviously the daily loss limit is bigger and they have end today uh trailing which is nice you don’t have that intraday which a actually when you have end to day it kind of gives you if you make
Money on the first couple trades um you know say you go up two grand now you’re trailing draw down is is 6500 and you can really get aggressive to pass these um but honestly like I think the same thing goes for this one you can make 3,000 you make another 2 ,000 and now I’m just pulling out daily profit so take profit Trader you can pull out daily money so by the time you pull make 6,000 in profits you’re pulling out
A th000 bucks 6,000 in profits here I’m not even passing this thing yet not even passing it let’s see if they’re all like that I believe they’re all like that um profit Target so this is a lot better oh that was the 100K same thing yeah I I mean I just have to say 50k seems like the way to go guys and I I’ve done it myself my pass percentage is so much higher on the 50k than the 150 same thing
With my once I’m funded the percent that I’m pulling money out is so much higher on a 50k than a 150 um the only time I would say uh the only time I’d say a 150 is good is if maybe you were going like and you’re going to play Heavy and uh I would probably say the end of day draw down is probably where you want to go which is right here or uh takeprofit Trader um and you could pass the
Accounts pretty quickly because if you can get ahead on the first two trades you can definitely play large without worrying about the intraday draw down of holding a runner or holding many contracts as Runners because you’re uh you’re up you’re up and it’s based on end the day not intraday so um I think you have a better chance to pass any of the accounts that have ended day if you’re going to play the bigger accounts if you’re going to play a
150 I would probably say go with takeprofit Trader or my funded Futures over top over uh Apex because you can get that intraday draw down which honestly becomes I guess your daily loss it becomes almost not even an issue if you can win on your first couple trades because you’d be so far ahead now when you go to TOP Step which we didn’t really talk about they have end the day also which is good um I just I think that the
End of day makes it easier to pass EV vals and it’s not profit Target daily loss because if you can get ahead early on in the day your your daily loss limit is so far away that it wouldn’t even be an issue so I would say the 50k is the best one to go with but if you’re going to go with a 150k I would probably not go with Apex and I would go with a takeprofit Trader um my funded Futures
And if those two aren’t your cup of tea you go with top step that’s probably where I would go um but if you’re going to go with a 50k I would probably go Apex because you could pass in one day the accounts are cheaper um and that that’s pretty much what I would do so depending on the size I think the easiest one to pass is the 50K on apex um but if you want if you really want to do those
Bigger accounts I’d probably skip Apex and go to uh takeprofit Trader my funded futures or possibly TOP Step um but I think looking at the numbers of the profit goal the amount of profit you need and everything else I’d probably stick to the 50k as it’s the easiest one to pass and uh take money out all right hopefully I see you guys on the stream during the week uh um and we’re we’re all getting payouts so I hope uh I hope
Everyone’s doing good now all right take it easy
Leave a Reply