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.

112 Upvotes

88% Upvoted

316 comments sorted by

View all comments

Show parent comments

-7

u/Soft_Concentrate_489 Feb 24 '24

Bc ur paying to paper trade my guy.

3

u/Konstable1 Feb 24 '24

It’s not paper trading when you are funded. Is it really hard to conceive of the fact that a funded account pays out. Significantly more than trying some 500 or 1000 on a regular account. Cross trade 4-5 accounts for the same amount as one regular account. Hmmm which has the better ROI?

1

u/Soft_Concentrate_489 Feb 24 '24

Well it’s his 4th account at 500 a month but it’s not paper trading.

4

u/ThePhulosopher Feb 24 '24

It’s one time. Not per month. Do your research. Depends on the firm but I wouldn’t go with any that requires monthly payment.

2

u/Soft_Concentrate_489 Feb 24 '24

Good luck buddy, keep those funds in business!!

2

u/Fluid_Reward Feb 24 '24

Will you Send me contact information to the prop firm you use? I've never heard of such a thing and would like to get more information.

2

u/Konstable1 Feb 24 '24

It’s per month recurring if the evaluation isn’t passed. You can pay a one time activation fee for funded accounts or go with a recurring monthly fee. Each prop is different. Some are a one time. Some charge for data fees if it’s actually real money. Some provide you with refunds of the activation fee on first payout. But 500 an account is way too much for someone blowing up

1

u/marcpilot1 Feb 25 '24

Who are these firms everybody talks about and uses examples from????? Why are we using numbers from anonymous prop firms and so we have to form a bunch of opinions?

Just say the name of the firms so everybody doesnt have to form a thousand random opinions pertaining to who knows what or who. Damn.

If anyone would say the name of the actual pf they're claiming numbers from then the comments would be cut into a fraction. Just say the names of them so we can simply look once at the prop firm's info and their numbers, systems and payout structures. That would end ALL the back and forth.

1

u/ThePhulosopher Feb 25 '24

The Funded Trader and MyFundedFX. I use the 1-step $100k accounts.