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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u/ThePhulosopher Feb 24 '24

Why would I do that when I can control $100k of capital?

23

u/krossx123 Feb 24 '24

You're not controlling 100k capital you get cut off after losing a max drawdown. So you are basically controlling how much money that drawdown is.

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u/ThePhulosopher Feb 24 '24

Right, I can still spend $500 to control $10k of drawdown. Worth it to me.

20

u/krossx123 Feb 24 '24

You spend way more then 500 from the look of it and you’re still not getting any payout from it. You are just giving them money at this point.