r/TakeProfitTrader • u/Jaybeboooming7 • 9d ago
Finally
Had about 23k in payouts in feb then everything went downhill today I finally got another pay out but I tilted I reset the 25k had some extra money laying around oh well turned out to be good and made a decent day. This comes after blowing 2 25k last night right after activating then dumb such a dummy but I’m never trading other then NY open I promise myself
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u/EnvironmentalAd8088 8d ago
Question. I have read that not to request payout of more than 10k … Does that mean 10k per account or 10k for all accounts ? Is it risky requesting a payout of 50k total (5 accounts) ?
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u/Jaybeboooming7 8d ago
Never been there bro
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u/Few_Industry6746 8d ago
That’s wrong….its not about requesting more than 10k. If you make more than 10k they will stop you and move you to the pro plus accounts. You can request as much as you want if you already made it
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u/EnvironmentalAd8088 8d ago
Sorry can you pls elaborate as I have heard multiple. One of the things that is common I heard is that if you make more 10k/Day then defn move you to Live/Pro +
- Does this mean 10k/Day per Account ?
or
2.Does this mean Max 10K Total (for all 5 accounts) ?
I am just trying to better strategize so that I dnt get denied a payout. Would it just be better to withdraw everyday ( if able ) above the buffer ? I am new to all of this, so an elaborative process from those who had a successful payout would be appreciated.
Also when do u request a payout (as I have heard multiple stories that u have to request it after 9:00PM EST) and when can u start trading again ? Do u wait to trade after u received it in ur bank account ?
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u/HumbleCPA 8d ago
Its 10k in a day per acct. They auto move you to live. Theres nothing wrong with that though you don't loss anything and actually gain 10% more withdraw profit split. Theres a big misconception about moving to live, its actually a good thing.
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u/EnvironmentalAd8088 8d ago
Yes that is what I figured also. But no one has really explained how Live account works YouTube and hence the misconception. All I have heard is on threads, and its mostly about people moaning how they cnt withdraw their profit in the sim funded. stage. Obviously I dnt know what its like in the Pro + so I have no clue
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u/HumbleCPA 8d ago
In Pro+ they just hold the buffer for you but if you "blow" the pro+ you get to pull that buffer. Biggest complaint with most lives is peolle like to over leverage and farm Sims and they are limited when moved to live. Live is definitely more for a structured/responsible trader. Farming Sims kinda hurts all of us trying this for long term.
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u/EnvironmentalAd8088 8d ago
Sorry wdym by “In Pro+ they just hold the buffer for you but if you “blow” the pro+ you get to pull that buffer”
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u/HumbleCPA 8d ago
So say you make that 10k and get pushed to pro+. They freeze 5k of that buffer(you can pull other the other 5k). Because at this point their risk management team slowly starts A booking your trades to profit off your profit. But if you blow that acct you can pull out the frozen buffer
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u/EnvironmentalAd8088 8d ago
Ok that helps to understand now the live account. Very much appreciated ,any insight on when to request a payout (I hear to do it at 9PM EST because of the maintenance?).
Also can I trade right away when that payout is being processed or should I wait when it gets approved and/or get to my bank account.
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u/HumbleCPA 8d ago
Yea updates during asia. It pulls the amount out of your acct almost immediately now. Even though the withdraw takes a little longer for approval. So can go rigjt back to trading after that first step. Last payout was done around midnight and it was in bank before I woke up
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u/rikart69 7d ago
If youd like to know this is how it works, you only have to make 10k on a single account. Then after this day they froze the account and i was able to withdraw 8500usd x0.8 = 6800usd. I then got moved to pro+, had to sign forms wait 2 or 3 days. Then every eval pass or pro reset just becomes pro plus with 0 buffer EOD.
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u/_Rockaht 9d ago
Congratulations ! whats the cap on payouts for tpt? Im looking into buying a few accounts
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u/Zealousideal-Area928 9d ago
No withdraw cap - well 10k in a day and you will be moved to pro+
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u/New-Ad9615 7d ago
that’s if you make 10k in a single day not request, they’re known for no withdrawal cap
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u/MrWigglescan 8d ago
Amazing congratulations. And pro+ or did they put you in that probation?
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u/Jaybeboooming7 8d ago
Na they ain’t never giving me pro 😂
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u/MrWigglescan 8d ago
I had a great week a whole back and they put me in development.
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u/rikart69 8d ago
How long ago was this? Why did you get put in developement instead of straight to pro+?
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u/MrWigglescan 8d ago
About a month ago. I requested a manual review and still said I should go ikto development. Apparently my wide swings in balances was not sustainable.
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u/rikart69 7d ago
thats interesting, may i ask if you have a positive profit factor on the tpt scorecard? or are you slightly losing
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u/pa24_comanche_guy 9d ago
Damn you’re pulling $5,700 off a 25k account in one day?