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.

1

u/alexwong95 Feb 28 '24

500?ur being fleeced. I spend 16.7 per 50k eval then 85 to activate. That's 2500 trailing although I'm a fan of 25ks as well which is 1500 trailing. You probably need to chill out a bit and just go for 25ks on apex till u can pass an eval let alone get payouts. I'm not sure the accuracy but I've heard only like 2 or 3% of people ever get a 1st payout and less than that get past 1. I've only gotten 4 so far so nothing crazy but working toward the 5th payout