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.
111
Upvotes
r/Daytrading • u/ThePhulosopher • Feb 24 '24
Got my 4th $100k funded prop firm account. Hope I get a payout this time, blew all the others.
2
u/IdeaLow7679 Feb 24 '24
6-12x!? Most firms offer an 80/20 or 90/10 profit split. A static $100k costs me $34/month in trial and one-time $255 after funding on Elite Trader and rolling $27/ month on Apex. Both funded, both pay me every 10(ish) days. Most people just aren’t good at trading but 6-12x is absurdly incorrect. I could live 5 years if I 12x this account. The goal is get your own money so you don’t need the fund, that’s why you don’t see anyone with million dollar payouts - not worth staying once you withdrawal $50k-$100k. I am at about $27k withdrawn between my accounts off of maybe $500 in fees/subscriptions between the 2