WORST PROP FIRM? Take Profit Trader Update | Day Trading

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  • เผยแพร่เมื่อ 15 ธ.ค. 2024

ความคิดเห็น • 145

  • @forrestforce
    @forrestforce  7 หลายเดือนก่อน

    I'm BUYING every stock YOU SUGGEST! th-cam.com/video/zUUEEzrJITU/w-d-xo.html

  • @brianunderwood2966
    @brianunderwood2966 8 หลายเดือนก่อน +40

    Their rules got me as well. It's stupid to have an EOD trailing drawdown if hitting a daily loss limit blows your account

    • @Kloutkulture
      @Kloutkulture 8 หลายเดือนก่อน +1

      Facts. Lmao

    • @Vivian9397
      @Vivian9397 7 หลายเดือนก่อน +1

      yeah, very misleading

    • @Nas_The_Dragon
      @Nas_The_Dragon 2 หลายเดือนก่อน

      ❤u suck quit

  • @uchechileslie7525
    @uchechileslie7525 7 หลายเดือนก่อน +11

    And remember that when you get funded with TPT, you have to reach the buffer zone but it is intraday trailing up until you reach the buffer zone. The buffer zone on funded account is NOT EOD based; it is intraday trailing as you’re in profit.

    • @510akland90
      @510akland90 7 หลายเดือนก่อน

      How does the buffer zone work if you are in a Pro+ account?

    • @manXinfinity
      @manXinfinity 5 หลายเดือนก่อน +3

      Do you mean it trails while you're in the position, like unrealized profits?

    • @zaylee5
      @zaylee5 5 หลายเดือนก่อน

      @@manXinfinityyes

    • @epargnepension2262
      @epargnepension2262 หลายเดือนก่อน

      that's an important precision, ty

  • @gilliethepoet
    @gilliethepoet 4 หลายเดือนก่อน +15

    Why do people hate the daily loss limit? Manage your risk and you’ll be fine

    • @Nas_The_Dragon
      @Nas_The_Dragon 2 หลายเดือนก่อน

      ❤facts

    • @Grivette.garage
      @Grivette.garage หลายเดือนก่อน

      On apex there’s an active loss limit which is worse. You cannot go below a set price ever within the day or it automatically fails. But you almost always go negative before going positive and it really limits. I’d much rather daily loss than active live loss

  • @Nolimit276
    @Nolimit276 7 หลายเดือนก่อน +12

    They have a intraday trailing drawdown for pro accounts and EOD for eval. It’s complete bs.

    • @TradesbyNao
      @TradesbyNao 7 หลายเดือนก่อน

      Yeap, that $2k intraday Trailing drawdown in unrealized profits will get anyone. 😢 Set up for disaster.

    • @patrickhenry7416
      @patrickhenry7416 6 หลายเดือนก่อน

      you get daily withdraws so stfu

    • @millygomezr
      @millygomezr 3 หลายเดือนก่อน

      what does that mean?

    • @edmoala
      @edmoala 3 หลายเดือนก่อน

      ​@@TradesbyNao does that still apply above the buffer zone?

    • @teaasiaa
      @teaasiaa หลายเดือนก่อน

      @@edmoalano. After the buffer or “lock in” you just can’t hit below the buffer or basically if you hit the account original balance you’re done.

  • @NohandleJ
    @NohandleJ 8 หลายเดือนก่อน +2

    in your videos you have mentioned that you capture the daily range most of the time, is this what you teach your members? how many have been successful with the strategy you employ?

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน

      To clarify I've never said I capture the entire daily range, that would be insane lol.
      If you take mean reversion trades from the edges in VWAP POC you will make 500-1k easily.
      The people that listen to our advice do very well and post their profits in our profits channel and testimonials.
      The easiest way is to come see for yourself.
      100% of the people that don't improve are unable to get past their own ego because they have something to prove.

  • @empyreanadept2966
    @empyreanadept2966 8 หลายเดือนก่อน +17

    Yeah, TPT should probably be avoided. Their payout structure is only what it is because they know how easy blowing your account is.

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน +2

      Very very true

  • @Loose_thoughts
    @Loose_thoughts 6 หลายเดือนก่อน +3

    Apex was good before, but from past month they didn't pay my cheque yet, neither they r replying to my emails

  • @kingcesar4272
    @kingcesar4272 หลายเดือนก่อน

    If I accidentally added the max leverage of 20 micros you fail right?

  • @dennisbergkamp6335
    @dennisbergkamp6335 8 หลายเดือนก่อน +1

    Hello, do you have your trade statistics somewhere, for example in Excel ?, so I can look at individual trades (KO, OK series atd..)

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน

      We trade live in discord and we share our stats from time to time. Come see for yourself how good we are :)

  • @iqtv2432
    @iqtv2432 7 หลายเดือนก่อน +3

    How does the intraday drawdown works?

  • @SneakSounds
    @SneakSounds 4 หลายเดือนก่อน +1

    Have you or anyone else had any issues with receiving payouts from TPT? Going from the Pro to the Pro+ account took longer than promised and now I've been waiting for my payout with no real set date of getting it. I'm trying to see if this is a one-off or if anyone else has had any payout issues with them as well. Thanks in advanced!

    • @forrestforce
      @forrestforce  4 หลายเดือนก่อน +2

      @@SneakSounds yep, my self and at least two people I know personally have gotten payout s

    • @SneakSounds
      @SneakSounds 4 หลายเดือนก่อน

      @@forrestforce thanks for the response. maybe there's an issue on my end that i'm not aware of. I will update once i get this resolved.

    • @teaasiaa
      @teaasiaa หลายเดือนก่อน

      Hey, do you have an update?

  • @blizzard254
    @blizzard254 6 หลายเดือนก่อน +8

    I mean I much prefer the drawdown on TPT vs Apex. The trailing drawdown on Apex means you usually can't hold longer positions given the ups and downs in the market unless you go extremely small size. There's no reason why, on Apex for example, if I'm green on the day that I can still fail the account. The drawdown on TPT makes much more sense to me, you can only fail the account if you go red on the day, and only if you go red by that certain amount. So for a $500 daily loss limit, i can lose 499 day 1, and then another 499 day 2 and still have an account. Apex will fail you if you make too much money and then lose a bit of it. To me this makes much more sense. The only accounts on Apex I would ever buy are their static accounts just for this reason.

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน

      I agree, except that TPT ADDS a trailing after you pass. So it feels like going backwards a bit. To be honest though, literally any firm is fine if you can get paid haha.
      Newbies struggle a lot on the nuance though

    • @Poizn0
      @Poizn0 6 หลายเดือนก่อน

      are apex PAs trailing drawdowns?

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน

      @@Poizn0 just until you hit the trailing amount

    • @brianphillips3952
      @brianphillips3952 3 หลายเดือนก่อน

      The issue is TPT does your trailing drawdown on the unrealized amount. So you trade 5 contracts on NQ and it goes 11pts against before doing a face ripper of 30pts. You failed eventhough you would get 3k on the sale. On Apex it would have to go 25pts against for you blow up your PA Account. So on Apex you have a little more wiggle room. The big issue here though is with Apex once you pass the 2,600 mark you can take a larger unrealized loss. But with TPT you can't. You are always limited yo that 11pts.

    • @blizzard254
      @blizzard254 3 หลายเดือนก่อน

      @@brianphillips3952 TPT locks at the starting balance + 100 once you reach funded, and on eval it's just EOD. You get a little more drawdown on Apex, but then you're also capped on payouts and payout cycles

  • @zeekosuave6812
    @zeekosuave6812 8 หลายเดือนก่อน +9

    It is top 3 prop firms and once they put you in a pro+ it is the best one out there

    • @kenya8716
      @kenya8716 8 หลายเดือนก่อน +14

      I agree, just manage risk if you know 1100 is your limit, trade lower and build a cushion. I like them alot I already mad my eval and activation fee back without waiting 10 days or 14 days to request a payout.

    • @zeekosuave6812
      @zeekosuave6812 8 หลายเดือนก่อน +1

      @kenya8716 same I made 3 payouts in 3 days for almost 6k within my first 3 days of the pro account. I made a bad trade and took a week off to relax and not revenge trade 🤣

    • @brunningstave
      @brunningstave 7 หลายเดือนก่อน

      @@kenya8716so you use Take Profit Trader and have already gotten a payout? Is it as fast as they say and what is the profit split?

  • @charleschapman3994
    @charleschapman3994 3 หลายเดือนก่อน +3

    A "150k account" is really more like a 15k account....but it makes candidates feel like big traders.

  • @Mark-ef7pi
    @Mark-ef7pi 6 หลายเดือนก่อน +3

    The $50K account isn't worth it at 7% per year, even the $150K account runs 3%/yr, to make a "livable" amount you need at least $300K and this company seems to think traders don't know to check percentages vs fees.

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน

      Any account this fine 😂

  • @MANCO513
    @MANCO513 หลายเดือนก่อน +4

    Just keep u away from apex scam. TPT is much better than apex

  • @brunningstave
    @brunningstave 7 หลายเดือนก่อน +1

    What is the profit split with TPT? I’ve scoured their website and all it talks about is how you can get daily payouts but not how much of your money you get to keep.

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      I'll have to take another look, not sure. I became highly disinterested in them personally

    • @brunningstave
      @brunningstave 7 หลายเดือนก่อน

      @@forrestforce I found it. It’s 80/20 in the Pro account and 90/10 in the Pro + account. To get a pro + you need to make $5k profit and leave it in the account as a buffer.

    • @brunningstave
      @brunningstave 7 หลายเดือนก่อน

      @@forrestforce it’s not a bad trade off for getting to withdraw everyday, I’ll make it to 5k in no time. Apex is just frustrating with their payout rules. Topstep has a reasonable payout system, they’ll be the next one I try if I don’t like TPT.

    • @Wolfman332911
      @Wolfman332911 7 หลายเดือนก่อน +3

      It’s 80/20, for the pro. Pro + is 90/10, I think what you need to do to get to Pro plus is get above the buffer amount.

    • @brunningstave
      @brunningstave 7 หลายเดือนก่อน

      @@Wolfman332911 I know now, I replied this to him after he responded but both my comments got deleted for some reason? 🤨

  • @moniquerich4340
    @moniquerich4340 8 หลายเดือนก่อน

    Unfortunately, I just signed up last night. But I am a little confused about the daily loss limit term in general. So say for the 50K account, Does that mean you can’t go -$1100 in an active Candle even if you haven’t closed out the trade or does that mean you can’t have an $1100 loss at the end of the day? Thx

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน

      If you pass then I wouldn't sweat it too much.
      But basically within a session if your PnL hits the Daily Loss Limit, the account is blown.

    • @kenya8716
      @kenya8716 8 หลายเดือนก่อน +3

      Its not unfortunate, I just passed this firm on a 50K, treat less than 1100 as your daily loss limit you have a minimum of 5 days anyway. Them and BluSpy have the payout structure, can request payouts from day one. Also once funded you are able to reset your funded account if you have an off day and blow the rules. Ive thrown away money on Apex trying to trade 10 days to request a payout only to blow my account.

    • @HardHatTrading
      @HardHatTrading 8 หลายเดือนก่อน +1

      If you’re in a trade, and it hits -$1100, they will automatically close the trade and you failed the eval.

    • @uchechileslie7525
      @uchechileslie7525 7 หลายเดือนก่อน +2

      You will completely lose your account. So, trying not to lose over $950 in one day of your daily starting balance

    • @kevinkavanaugh5522
      @kevinkavanaugh5522 7 หลายเดือนก่อน +1

      STOP OVER LEVERAGING

  • @ElWoof888
    @ElWoof888 7 หลายเดือนก่อน +1

    what does your daily PnL graph look like?

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน

      A vertical line

  • @fashioncarsprague8244
    @fashioncarsprague8244 8 หลายเดือนก่อน +1

    I totally understand, but why you saying its worst prop firm when you just read wrong rules ? That's just my ask why this name of video... I like your video a lot !!!! Thanks Forrest !

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน +3

      Despite my mistake there are far better accounts without this limitation. They do have daily withdrawals etc, but it's very gimicky to blow an account with a daily loss when there is already a max loss. Makes no sense

    • @fashioncarsprague8244
      @fashioncarsprague8244 8 หลายเดือนก่อน +3

      @@forrestforce Ok thanks, got it :-) Keep goin man !! I have bell for every new video !

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน +2

      @@fashioncarsprague8244 I love and appreciate the support! I'm doing my best to keep leveling up the videos each and every week

    • @dollyforlife3995
      @dollyforlife3995 3 หลายเดือนก่อน

      @@forrestforceidk why ppl worry so much about these daily loss limits … u need to come up with a firm risk management strategy and stop blindly trading then it won’t be a problem to y’all …. It’s for discipline traders ..

  • @hassanhope3606
    @hassanhope3606 6 หลายเดือนก่อน +4

    DLL goes away in Pro+

  • @ulyssesgonzalez5655
    @ulyssesgonzalez5655 3 หลายเดือนก่อน +3

    Apex absolutely sucks! They don't want to pay out. If your strategy is not in their strategy criteria, then, you're not getting paid, period. This $1,600 draw down shouldn't be an issue if you have discipline and know what you're doing. Personally, Forest, I believe you're just a content creator and not a professional day trader if this is an issue to you and you're blowing up your accounts like that...

    • @forrestforce
      @forrestforce  3 หลายเดือนก่อน

      Thanks for watching! Seems like you have a pretty strong opinion on prop firms and that's totally fine - there are a ton of options!
      I made a little over 7 figures in the markets before the whole prop firm craze, so I know trading. My content is geared towards new traders and helping them navigate this complicated space.
      Good luck out friend!

  • @iamwiggiona
    @iamwiggiona 29 วันที่ผ่านมา

    apex has changed their rules too. now they have a 30% rule

  • @NoahR-vv4iy
    @NoahR-vv4iy 7 หลายเดือนก่อน +3

    Thought i passed my 50k promo account but i made 2.6k too much and now i need to make 2.2k before im funded lol

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน

      Yikes! Well I hope you did it haha

  • @devonk298
    @devonk298 2 หลายเดือนก่อน +1

    so why would i believe you now ?

    • @forrestforce
      @forrestforce  2 หลายเดือนก่อน

      @@devonk298 don’t

  • @mycarislos
    @mycarislos 6 หลายเดือนก่อน +19

    APEX is such a scam. Take Profit Trader is so much better. You shouldn't need a bigger daily loss if you're disciplined.

    • @kesun32145
      @kesun32145 5 หลายเดือนก่อน

      Why is apex a scam?

    • @joshuamoore3846
      @joshuamoore3846 5 หลายเดือนก่อน

      ​@@kesun32145it's not a scam. He's just an idiot.

    • @daydreamzgamingreviews9603
      @daydreamzgamingreviews9603 5 หลายเดือนก่อน

      @@kesun32145 Because they dont pay out. Know tons of successful traders who got denied and followed the rules.

    • @gilliethepoet
      @gilliethepoet 4 หลายเดือนก่อน +1

      EXACTLY

    • @mitchkhoang1240
      @mitchkhoang1240 4 หลายเดือนก่อน

      Yea why did you not get paid?

  • @daydreamzgamingreviews9603
    @daydreamzgamingreviews9603 5 หลายเดือนก่อน +4

    TPT is the best. Apex stopped paying out. Topstep 2 contact rule is dumb asf. So TPT is the only option in my eyes.

    • @forrestforce
      @forrestforce  5 หลายเดือนก่อน +1

      @@daydreamzgamingreviews9603 apes has not stopped paying out, they literally just paid me lol

    • @yasiralobaidi3775
      @yasiralobaidi3775 3 หลายเดือนก่อน +1

      they do , i literally just got paid from apex last month and it was super smooth .

    • @michelleann7409
      @michelleann7409 2 หลายเดือนก่อน +2

      They just paid me last week

    • @TraderWarbucks
      @TraderWarbucks 2 หลายเดือนก่อน

      @@michelleann7409 whats your fav

  • @blizzard254
    @blizzard254 6 หลายเดือนก่อน

    Also I'm not sure if you say this in any of your other videos (sorry I'm a new sub, I like the content), but unless you are on a truly live account, profit splits are all a complete facade. You're trading in a SIM account when funded on most firms, they don't get a penny from you except the fee you pay. I know Apex will graduate you to an actual live account, but it's fairly rare and only when you end up costing them too much money (because when you earn as a newly funded trader, you aren't making them money, you are costing them money). Understanding exactly how every prop firm operates and where you trade is important. Not saying you don't, again I'm a new sub and I'm liking the videos a lot, still have a lot to catch up on, but just wanted to put that out there.

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน

      Yea the profit split is just a way to pay us less!
      Welcome to the channel! :)

  • @dodgeholls5018
    @dodgeholls5018 2 หลายเดือนก่อน +1

    If you can't trade within that DLL... Trading may not be for you. With prop firms, it needs to be slowly and surely. But to suggest APEX at the end is hilarious!

    • @forrestforce
      @forrestforce  2 หลายเดือนก่อน

      Consider this the validation you were looking for :)

    • @dodgeholls5018
      @dodgeholls5018 2 หลายเดือนก่อน

      @@forrestforce ...What? I need validation? From you?.. You're a TH-camr. You're a guy with a camera; get a grip.

  • @philandrews6300
    @philandrews6300 หลายเดือนก่อน +1

    Just because you're not disciplined or have really good risk management, you made a video viewing your frustrations on their instructions? Come on, you're better then this. They are a great firm, if not the best.

    • @forrestforce
      @forrestforce  หลายเดือนก่อน

      @@philandrews6300 I’ve made over 7 figures in my own account and taken multiple payouts from TPT, sit down.
      My perspective is based on advising people new to trading and setting them up for success. Stop being an imaginary trader in my comment section and go do something positive for your life

  • @patrickhenry7416
    @patrickhenry7416 6 หลายเดือนก่อน +4

    you get daily payouts so people need to stfu about trailing in pro account. something has to give. if you dont want daily payouts then stfu and whine somewhere else. generally speaking

    • @forrestforce
      @forrestforce  6 หลายเดือนก่อน +4

      Ooo zesty I like it

    • @patrickhenry7416
      @patrickhenry7416 6 หลายเดือนก่อน +1

      @@forrestforce 😂 wasn’t expecting that response lmao 🍻

  • @theautoman22
    @theautoman22 7 หลายเดือนก่อน

    I was all in with MFF but hearing through TH-cam their not paying out. Maybe you could find out more as no one should support a fraudulent company.

    • @forrestforce
      @forrestforce  7 หลายเดือนก่อน +3

      Did you request a payout and not get paid or are you just typing stuff?

  • @TheCamerafreek
    @TheCamerafreek 4 หลายเดือนก่อน +1

    I think you should delete your other video about them as it has misleading information, I almost signed up for them looking for a different experience from Apex and I am glad I read the comments and also went through the whole info on their website.

    • @forrestforce
      @forrestforce  4 หลายเดือนก่อน

      @@TheCamerafreek what video has misleading information? I’m not deleting anything 🤣

  • @lloyd49102
    @lloyd49102 8 หลายเดือนก่อน +7

    TPT is intentionally unclear

  • @itsmeturo8746
    @itsmeturo8746 8 หลายเดือนก่อน +2

    I accidentally lost two copy traded accounts this morning because of this.

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน

      Dang, that sucks. Don't give up and keep pushing. Perhaps try out MyFundedFutures they have an April promotion running right now

    • @itsmeturo8746
      @itsmeturo8746 8 หลายเดือนก่อน +2

      @forrestforce I will give it a shot. That was on me. I should have taken the profit and run.

  • @simomed1
    @simomed1 6 หลายเดือนก่อน

    Take Profit Trader sucks for the intraday drawdown. They won’t have my money till they get rid of that rule.

    • @gilliethepoet
      @gilliethepoet 4 หลายเดือนก่อน +1

      You can’t manage risk L O L

    • @ProspectorProfits
      @ProspectorProfits หลายเดือนก่อน

      I get what you mean, I wish it was EOD throughout the board. Me personally I like to hold on until trades hit tp. With gold being so volatile I find myself prematurely closing trades. None of us know where the markets are going. Just trying be encouraging and sharing my experience unlike others

  • @Kloutkulture
    @Kloutkulture 8 หลายเดือนก่อน +6

    MFF is the BEST

    • @forrestforce
      @forrestforce  8 หลายเดือนก่อน

      They are the GOAT

    • @Kloutkulture
      @Kloutkulture 8 หลายเดือนก่อน

      @@mjsiemer wow

    • @PropaneReacts
      @PropaneReacts 5 หลายเดือนก่อน

      Who is mff?

    • @forrestforce
      @forrestforce  5 หลายเดือนก่อน

      @@PropaneReacts My Funded Futures, link is in my bio

  • @dubbya57
    @dubbya57 หลายเดือนก่อน

    oops...That's actually 900$. Just saying. :)

  • @raidersanchez209
    @raidersanchez209 6 หลายเดือนก่อน +1

    I don't like this company, the customer support is crap!

    • @alexjohnson6262
      @alexjohnson6262 3 หลายเดือนก่อน

      Their support is a joke, smh. Just taking people's money, smh

  • @Talib777
    @Talib777 4 หลายเดือนก่อน

    One sharp drop without stop loss blew my account with take profit NEVER AGAIN Apex forever !! Don’t know why I even fuked with take profit 🙄🤦🏽‍♂️😂

    • @forrestforce
      @forrestforce  4 หลายเดือนก่อน

      Yea Take Profit Trader is truly rough if you have even ONE bad session

    • @AeronJOntheBeat
      @AeronJOntheBeat 3 หลายเดือนก่อน

      Sounds like you should have a stop loss. imagine blaming someone else other then yourself for not a putting a stop loss on 🤦🤦

  • @zentat
    @zentat 2 หลายเดือนก่อน

    Daily Loss Limit is ACTUALLY a GREAT METHOD OF evaluating traders. I think this daily loss limit == death, is THE BEST RULE I have seen! If you can't stop before you hit this, you SUCK and should not trade.

    • @forrestforce
      @forrestforce  2 หลายเดือนก่อน

      Comments like this is why you need to think before you type. A daily loss limit puts a cap on growing the maximum risk on the account. Sure, for small account traders it makes perfect sense and is easy to manage. For people that are ACTUALLY trying to grow the account and increase leverage it become an arbitrary limiting factor.
      If my average position size is 2NQ, 500 dollars is nothing, heck 1K is nothing for drawdown especially when my average trade targets are 100-150 points.
      The reason you can't see beyond that is because you aren't at that level yet, when you finally start trading with meaningful leverage in a larger account you'll be able to comment without looking stupid.
      Thanks for watching!!

  • @Dan-eb5xm
    @Dan-eb5xm 2 หลายเดือนก่อน

    Aoex is out, they've been requesting videos of people trading before they'll pay out. They keep adding BS in that wasn't in the terms, can't stand that.