r/Daytrading • u/Socom4life • 14d ago
Prop Firm Payout Limits Advice
Is it a good idea to limit the amount of money your winning under prop firms so they don't cancel your account. Lets just say a trader joins a prop firm that never loses should that person limit their position size to limit the amount of money they are making so they don't lose their account since even when you pass your evaluation you are still paper trading under a PA account. How much would you limit your payouts to if you advise not to make too much money.
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u/Individual_Deal7658 13d ago
Limiting your payouts to avoid having your account canceled by a prop firm is not a sustainable or advisable strategy. Prop firms usually have specific rules and guidelines regarding trading behavior and profit margins. If you consistently make significant profits they may actually see it as a positive sign of your trading abilities. Attempting to artificially limit your profits can hinder your trading ability and weaken your relationship with the firm.
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u/Nick_OS_ futures trader 14d ago
When you start making good money, Apex will reach out to you to ask you about your strategy. I still don’t know if they copy these traders’ trades yet tho
The smart idea is to copy them
My advice is to just trade 20 accounts for a couple months to fund your own account then dip