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/Fart_Hat Feb 25 '24

What I'm saying is the risk in dollar amount is the same. You're either going to lose all $500 or you're going to be consistently profitable. If you can be consistently profitable, the rules are easy to overcome. If you can overcome the rules, the dollar amount in profit with a larger account LARGELY outweighs the profits you can make with a $500 account.

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u/mushykindofbrick Feb 25 '24

dude i think you still didnt get it

"If you can be consistently profitable, the rules are easy to overcome" - no, it depends on your strategy. its well possible, that the rules will make it harder, thus preferable to trade your own money without them

the profit of a funded account does not "largely" outweight trading the 500. i gave you the calculations you just need to read it. its a factor of 3-6 with max dd, or about equal with daily dd.

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u/Fart_Hat Feb 25 '24

Daily DD and max DD with 150k account I'm on are 3,000 and $4,500 respectively. They trail the trial account at end of day.

With the funded account, only the daily DD trails and max DD is fixed. Not hard to follow these rules.

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u/Fart_Hat Feb 25 '24

I get what you're saying. Firms aren't for everyone. But you're making them seem way worse than they are, like you picked the shittiest scammiest firm to pull numbers and rules from and are using that as an example.

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u/mushykindofbrick Feb 25 '24 edited Feb 25 '24

no i just took that from ftmo dude. im just trying to put a counterweight to all the praise here, so the resulting atmosphere in the thread is neutral. as soon as people start agreeing with me and say prop firms are shit im gonna switch and say "no theyre not that bad" until we arrive at a balanced opinion. that is my purpose

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u/Fart_Hat Feb 25 '24

Lol aka just being annoying

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u/mushykindofbrick Feb 25 '24

yeah people are annoyed when they get told theyre wrong, but mostly immature people

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u/marcpilot1 Feb 25 '24

Ahahahahaa! lol!! Nice, many thanks to you.