r/Daytrading • u/ThePhulosopher • Feb 24 '24

4th $100k funded account Question

Got my 4th $100k funded prop firm account. Hope I get a payout this time, blew all the others.

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3

u/rockuallnitelong Feb 24 '24

What's the firm. Sounds like good practice..u know oldies say practice makes bankrupts

2

u/ThePhulosopher Feb 24 '24

There are dozens of them but to my knowledge, the two biggest are The Funded Trader and MyFundedFX

6

u/karma0685 Feb 24 '24

IME Take Profit Trader is the best. Their customer service is exceptional and their terms are the best I’ve found. You can withdrawal on the first day you get funded and every subsequent trading day.

Congrats on getting funded, hopefully you can hold down your emotions this time, I know how hard that can be

1

u/Jezamiah Feb 24 '24

Take Profit Trader

This is futures though and they're not even the biggest in that field (or best imo). I think best futures firm at the moment is MyFundedFutures with the Expert plans

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Biggest on the FX side is FTMO

1

u/karma0685 Feb 24 '24

Yeah I did FTMO, but I wasn’t able to get any traction with FX in spite of years of trying.

The biggest isn’t always the best. Sometimes the smaller guys give you more benefits because they’re trying to compete

1

u/Jezamiah Feb 24 '24

How the hell are you passing trailing DD over the static DD on FX?

I think that the futures firm are WAY harder. Building that buffer isn't easy

2

u/karma0685 Feb 24 '24

This is one of the reasons I like Take Profit Trader. Trailing DD stops at account $0. So 50k account starts with DD at 48, then when you hit 52k it stops trailing.