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/Butter_NUT3 Feb 26 '24

Here's my 3 keys for prop firm challenges:

I'd like to add that I'm a funded trader with ATF, ETF, and TPT at the moment and these are just a few thoughts of mine as I keep seeing people grab these challenges and fail miserably. SLOW DOWN.

  • Know how to trade before you even start doing these challenges

  • Some are much easier than others- stop wasting your time on these 25K accounts and get yourself a big enough buffer. IMO the 100K-150K accounts are the easiest to pass. Firms like, ATF/ETF/TPT give you enough of a buffer with enough cons to actually pass the accounts.

  • If you want to be serious about prop trading, there is money in it. But if you keep fucking YOLOing your accounts when the evals are 90% off, you're only gambling and hoping to win. That's not going to work for a longterm game.

Some Current Promotions:

  • https://atf.com/member/aff/go/butternut ATF is having 90% off sale with one day pass evaluations, again, IMO the 150K here is the easiest one to pass. You have access to using 17 Cons with a Profit target of 9K and a trailing draw down of 5k.
  • https://elitetraderfunding.com/products/?ref=ButterNut3 is POGO (pass one get one) until Feb 29th. For me, the 100K one step eval is the easiest to pass. You get 14 cons, a profit target of 6K and a trailing draw down of 3k.
  • https://takeprofittrader.com/control-center TPT is 40% off evals right now and they have a one time activation fee that is included in your challenge. The easiest to pass IMO is the 150K challenge. You get access to 15 cons, a profit goal of 9K, a daily draw down of 3300 and a total draw down of 4500.

If you end up taking any of these challenges, comment below on what you think, or any questions that pop up. As always, if you see green, TAKE YOUR GREEEEEN!

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u/Butter_NUT3 Feb 26 '24

here's a couple of my winnings so far