Quickest Path To Reach First Take Profit Trader Payout

Added: 2026-05-29

[00:00:00]Are you sick and tired of failing prop firm challenge after prop firm challenge or almost getting to a payout and then poof, blowing up the account? Well, in today's video, I'm going to share with you guys how to increase the probabilities that not only you'll be able to pass an evaluation account, but have the potential to get to a payout.

[00:00:17]But first, I want to warn you guys, trading is risky and most people that attempt to trade will fail. Now, when we first come over to prop firm, the first thing traders normally do is we scroll on down and we try to figure out which account do we want? We take Profit Trader, we have five accounts to choose from. $25,000 account size, 50,000, 75, 100K, and a 150K account. And with all the traders I've talked to, a majority of traders like one of these two accounts the most. That's going to be the 150K account or the $50,000 account.

[00:00:49]Now, depending on which account you choose is going to determine how difficult it will be in order to not only pass the evaluation, but then get to a potential payout. Now, we look at the $50,000 account size, we can see that our profit target is $3,000. We can trade a maximum of six contracts or 60 micros, which I do not advise anybody to max out the positions, and we have an EOD drawdown of $2,000. We look at the 150K account, this is what draws a lot of traders to this account. These are the accounts I currently have. Now, I've traded these accounts for over 170 days.

[00:01:28]Is in this account, we have to make a lot of money in order to pass. We have to make $9,000 in a simulated account without losing $4,500 of drawdown, and that is a big lure to this account because traders in the 50K account say, "Well, I only get $2,000. With the much larger account, I have more wiggle room in the trade, and that's not always a good thing." I want you guys to think about something real quick because you're going to fight me on this in the beginning, but let me know in the comment section down below which account do you guys like best? And if you are one of the traders that are choosing the 50 or 150k account, you are making it harder than it has to be. Trading by itself is already extremely difficult.

[00:02:10]We scroll down here, let's take a look at some of the rules and see, you know, is there a different account that we could potentially choose? Well, if we look at withdrawals with Take Profit Trader, they had the best payout policy in the business. We get payouts on day number one, and right now you can get a Take Profit Trader account for 30% off, zero activation fee. Use the link in the description box down below, use promo code Mike. Profit split. If you're in the pro account, which is still like a sim funded account where you get paid on simulated profits, then we get a 80/20 split. The trader gets to keep 80% Take Profit Trader gets to keep 20%, but if and when we get moved to a pro account, then the trader gets to keep 90% and Take Profit Trader gets to keep 10%. One thing to note about the pro plus account, this is where the orders are actually going to be sent to the exchange and executed in a real-time environment. Consistency rule only applies in the test phase. Let's talk about something real quick. If we scroll right back up here to the accounts, and I want you guys to think about something real quick. The 50k account, which is probably the most popular of all the account sizes, we talked about this, you have to make $3,000 in order to pass the evaluation. Well, if we look at right here at the $25,000 account, one, it's a little bit cheaper than all the other accounts. That's a check mark and a win for the trader, but even more importantly, let's look at this. Your profit target is only $1,500. Your drawdown is $1,500, so it's basically a one-to-one match. Your profit target you have to make is the exact amount that you are able to lose. In a 150k account, it's exactly the opposite. We have to make two times of what our risk is on this trade. So, let's think about this real quick. In order to get a payout, we have to pass the evaluation first, which means we have to make $1,500. Well, how much does the trader have to make in order to be able to request a payout?

[00:03:58]Well, we scroll down here real quick and we look, one one of the things we want to pay attention to is going to be what's called the buffer rule. And what the buffer rule basically says is anything above the buffer that a trader is able to take a payout if they are in the pro or in the pro plus account. So, if we come up here real quick, the buffer is essentially going to be whatever your drawdown amount is. So, with Take Profit Trader, once we are in a pro account, anything over $1,500 would then be eligible for daily payouts. So, every day your account is over $1,500, you're eligible for a payout. So, let's think about this real quick. In the 50K account, the quickest possible that you can get to a payout would be at first make $3,000 to pass the evaluation. Then we have to make another $2,000 to get over the buffer, which means with a $50,000 account, you have to make $5,000 before the trader even has the ability to go ahead and request a payout. So, if you want a path that's going to be a little bit quicker in order to potentially pass and potentially reach a payout, the 25K account is the better option. And something traders don't like is they're like, "Well, I can only trade three contracts." Well, guess what? If you're trading a lot of contracts as it is and you're not and you're not able to get a payout, maybe that is part of the problem and you need to slow down. Going with a $25,000 account size will force you to slow down. Now, you're probably saying, "Mike, will this work with other prop firms?" It can, but Take Profit Trader is uniquely positioned for two reasons. We're going to go over the first one real quick. We're going to go right over here to propermike.com, go to challenges, and let's go ahead and select the $25,000 account size under true cost. I'm going to simply go ahead and double click on that, and you can see that Take Profit Trader is not the cheapest out of these accounts, but it does have a hidden benefit that some traders are not looking at. And let's look at this. If we look at profit target, I'll double click on that, sort by that. If I go ahead and sort by the profit target, we're going to look at the prop firms that have the most amount of profit we have to make. All the prop firms, except for Lucid, we have to make $1,500 in order to pass. Lucid, you only have to make $1,250. So now, let's sort by drawdown real quick. If we go ahead and sort by drawdown, notice Take Profit Trader gives us $1,500, whereas the next closest prop firms only give us $1,000 of drawdown in order to pass. So that's one advantage that Take Profit Trader has. But if we come right over here real quick, and we scroll right up to the top, and we go under knowledge base, we go under FAQ, then we simply go over here to where it says trading commissions, test and pro accounts.

[00:06:39]Click on that, and notice Take Profit Trader is one of the few prop firms that does this. If you know of another prop firm, let me know in the comment section down below. But with these futures contracts, if we trade a e-mini, it's going to be $5. If we trade a contract, which would be smaller size, which I would suggest because it one, it'll slow down the process, and if we're going to blow up the account, it will normally take a much longer period of time in order to blow up that account. But notice, we can trade 10 micros for the same price that we're able to trade one mini contract for. Most prop firms out there, we're going to be paying a dollar, dollar 25, dollar 50, even $2 per micro contract. So again, that's another benefit that nobody talks about with Take Profit Trader. So now, if you've made it this far in the video, I want to reward you with something real quick, and that's going to be a chance to win a free Take Profit Trader 50K account. In order to win, you must make sure you're signed up to the email list down below, and then simply like this video, leave any comment that you choose, and include the first three letters of the email that you signed up for in the email list. And now that you're ready to start trading with Take Profit Trader, if you want to learn how to set up Take Profit Trader to trade on TradingView, then you want to make sure to watch this next video right here.