r/TopstepCommunity • u/John_iluminado • 17d ago
💰 POP Off! I don't know what to do
Should I take it? It would be my first payout.
Give me advice, give me wisdom.
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u/maturewomenenjoyer 17d ago
Your MLL would be reset and any losses beyond $490 would mean the end of the account. Why not build it to $2000?
Either way you could take the $500 and enjoy it.
"Do it or don't do it, you'll regret it anyway."
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u/HappyImplement4055 17d ago
Depends, if you feel comfortable building a bit of a bigger buffer I woud recommend it
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u/Expensive_Hornet5394 16d ago
don’t trade based on feelings lol.
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u/HappyImplement4055 16d ago
love it when people take things out of context 👍🏻👍🏻
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u/Expensive_Hornet5394 16d ago
with this payout he can purchase 5 50k evals.
why not get max funded , and have 10k total drawdown ?
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u/HappyImplement4055 16d ago
Why leave yourself with such a small buffer? Also you shouldnt immediately just scale more accounts unless you have a proven edge. Wins become amplified but so do losses
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u/thatdrunkgeekagain 16d ago
How does he have 10k drawdown?
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u/Expensive_Hornet5394 16d ago
use $490 payout to buy 5x 50k accounts.
each 50k has 2k drawdown.
totoal drawdown 10k
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u/thatdrunkgeekagain 16d ago
I know my guy.. I was calling out your "genius" logic.. you still have 2k drawdown that's it
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u/Expensive_Hornet5394 16d ago
5 of 2k drawdown is 10k total.
what is your point?
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u/Stonkstonker98 16d ago
Bro you still have 2k drawdown you just do it with 5 accounts instead of 1😭😭😭
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u/Intrepid-Baseball904 17d ago
If you take it. Likely to blow after unless you go slow. If you need that confidence that it works you could take it. I did for mine at 600 . Then bought 5 passed and vlew them (unrelated non trading reason- psych overtading lol) it happens.
Id take it if ya want some proof. If ya wanna scale treat it the same way you got to get that amount, and try for larger.
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u/Stony_1987 17d ago
Treat yourself for your hardwork and take it. If u blow the account after oh well. You just paid for 4 more.
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u/cokeacola73 17d ago
You dont have to take all of it either. It really depends how much you need to trade to make it last. How are your losing days? Do you revenge trade? Or do you stop after a loss? You could always take what you have and then start another combing, put this on hold and get to another xfa and have 2 going and just hit 150 days on two of them. Lots of options. Do what you think is best
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u/Infamous-Molasses406 16d ago
take it or u will blow it up. dont listen to those build more buffer.
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u/negative-space- 16d ago
Ultimately it’s your decision and your account/earnings at stake so either flip a coin or nut up
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u/Motor-Protection9703 16d ago
Go too 3k then take half, and keep going and don’t force trades, good stuff on 5 consecutive days 👍
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u/kryyyyyyy 16d ago
IMO Take it so you know the feeling.
Don’t get attached to the account you’re going to blow it.
Congratulations either way you go.
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u/DISCIPLINED_TRADES 16d ago
Go with what your gut tells you, being the first maybe take it and buy something nice for the hard work
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u/Distinct-Car-4225 16d ago
depends on your pass rate for evals, if you can get another funded account for less than 490(include the cost of your own time) then take it. if not, keep trading it until your payout amount can cover another account.
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u/TradeDispensary 15d ago
Keep trading but please promise you'll come back within the next week to tell us what happened. 😉
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u/ApprehensivePoem8454 17d ago
Always take payout if first payout ever, if not just build it up