Take Profit Trader Review | Is it great firm? MY HONEST REVIEW

Поділитися
Вставка
  • Опубліковано 13 жов 2024

КОМЕНТАРІ • 107

  • @forrestforce
    @forrestforce  6 місяців тому +1

    An updated video coming up this week about the corrections. Thanks, guys, for letting me know! I misread it.

    • @forrestforce
      @forrestforce  6 місяців тому +2

      Part 2 of this video- ua-cam.com/video/rmLhUp1N4g4/v-deo.html

    • @NanaBorel-xd8vz
      @NanaBorel-xd8vz 6 місяців тому +2

      @@forrestforceplease can you explain to me more or what *Max Position Size
      3 Contracts / 30 Micros* means I have hard time interpreting that

    • @dakunye8984
      @dakunye8984 4 місяці тому

      Google trading index futures 101

  • @shiavirgo
    @shiavirgo 6 місяців тому +16

    The daily loss limit breaches your account and you have to pay $100 for a reset

  • @rashadheyward
    @rashadheyward 6 місяців тому +9

    one thing i love about them is that you can withdraw EVERY SINGLE DAY, MULTIPLE TIMES A DAY if you want.

    • @forrestforce
      @forrestforce  6 місяців тому +1

      That's pretty nice I'm not gonna lie

    • @scorpioindigoo
      @scorpioindigoo Місяць тому

      Its doesnt matter because the intraday trailing DD makes it less likely

  • @BladeTrinity99
    @BladeTrinity99 6 місяців тому +15

    He is also wrong about trading one pro account at a time. If you have 3 pro accounts you CAN trade all 3 at once and get paid from all 3.

    • @MrFreeze79
      @MrFreeze79 2 місяці тому

      and you can only copy trade on tradovate.

  • @HardHatTrading
    @HardHatTrading 6 місяців тому +15

    at 6:45 you said it won't blow your account up if you hit the daily loss limit. You need to correct that. It WILL blow your account and will have to pay $100 to renew or wait to get rebilled at the end of the 30 days. It's my least favorite thing with Take Profit

    • @shiavirgo
      @shiavirgo 6 місяців тому +2

      EXACTLY

    • @empyreanadept2966
      @empyreanadept2966 6 місяців тому +6

      That literally makes Take Profit a no go for me...

    • @joe2887
      @joe2887 6 місяців тому

      You can just buy another though same as apex

    • @empyreanadept2966
      @empyreanadept2966 6 місяців тому +1

      @@joe2887 you missed the entire point of this comment...

    • @joe2887
      @joe2887 6 місяців тому

      @@empyreanadept2966 and you missed an entire opportunity to clarify it my guy. Not everybody is a troll or looking for an online argument man. Just was trying to add perspective and help out. Feel free to clarify your thoughts on the point you feel I missed

  • @DonPeters-s2j
    @DonPeters-s2j 6 місяців тому +2

    Hey Forrest. Love your content and appreciate all you do. I recently bought a couple of accounts with Take Profit Trader and wanted to let you know that my experience while good, has been that the $500 max draw (on the 25k account) is not a disable for the day, instead, it "violates" one of their rules and the account is closed. You have to reset the account at $100 and start again. This is true not just if you've blown $500 below the $25k limit, but also if you blow $500 in a day and your way above the $25k limit. I was kicked out of my account even though I went from @26k down to 25.5k.

    • @forrestforce
      @forrestforce  6 місяців тому +2

      Yea that's a very unfortunate misread on my part. Thanks for sharing. I'll do a follow up video wit ha correction soon

    • @Jaydivine-nc9fv
      @Jaydivine-nc9fv 4 місяці тому

      then go for a higher account like 50k then you have atelast 1100 before you blow i went with 25k it was really hard not to blow it up lol im doing better wit the 50k

  • @mister_mulato
    @mister_mulato 6 місяців тому +9

    Daily lost DOES blow your account

  • @empyreanadept2966
    @empyreanadept2966 6 місяців тому +24

    Bro... their daily loss limit actually blows your account. It's awful.

    • @XTRADERXNYC
      @XTRADERXNYC 6 місяців тому +17

      Not when you are a professional trader who has rules and firewalls to protect our accounts. With TPT rules, you'll always protect your account and you can't gamble, that's for FX! Personally, my rules are stricter than TPT's rules! I've parked my cash for over a year now and I have 3 accounts with TPT. It's heaven on earth for professionals, terrible for newbies! It's that simple. Follower their rules and watch your trading experience flip on its head and you'll become a professional trader!

    • @empyreanadept2966
      @empyreanadept2966 6 місяців тому +15

      @XTRADERXNYC go somewhere with that bs.

    • @nathanieljones16
      @nathanieljones16 5 місяців тому

      @@empyreanadept2966🤣🤣🤣🤣🤣 i feel ya

    • @Benny4114
      @Benny4114 5 місяців тому +1

      Be a better trader

    • @XTRADERXNYC
      @XTRADERXNYC 5 місяців тому

      @@Benny4114 11 years full time! I have an apex and a Topstep account! That being said, thank you for providing liquidity for providing liquidity to the market 😉

  • @danbennett71
    @danbennett71 6 місяців тому +5

    Do all futures prop firms essentially have intraday trailing drawdowns? I could care less about passing a challenge if I can't get paid. Might as well just trade your personal account. Think we all know the more things that one has to worry about while trading the more it works against you & firms realize that. Seems Take Profits really no different just dressed in a different suit.😕 Corrected! Meant intraday trailing drawdown.

    • @forrestforce
      @forrestforce  6 місяців тому

      They do not. Check out My Funded Futures!

  • @TheBkdot
    @TheBkdot 3 місяці тому +1

    Is it a scam if I consistently pass Evals but as soon as I get the PA account I’m red the first day and wind up blowing the account. And why am I always down more than commissions when entering a trade and never ever break even or up instantly when a trade? And why does my tradovate desktop go blank only when I’m in a trade? It has happen so much that I have to have the browser up as a fail safe now

  • @jaynecarruthers2520
    @jaynecarruthers2520 3 місяці тому +1

    Hi thanks for your videos! What trade copier do you use?

  • @stevem9810
    @stevem9810 6 місяців тому +4

    You are wrong on the daily loss limit. On their website is says that the daily loss limit will liquidate your account. Its another avenue for them to fail you. Get that right

    • @forrestforce
      @forrestforce  6 місяців тому +1

      I stand corrected! In light of this I can't really recommend them haha

    • @kamrentillis5493
      @kamrentillis5493 6 місяців тому

      @@forrestforce😂😂😂

    • @stevem9810
      @stevem9810 6 місяців тому +1

      I think you need to remove this video. It is misleading.

    • @IgoldenchildI
      @IgoldenchildI 6 місяців тому

      🤣🤣 did you blow up?> i bought one of their 150k and literally forgot the daily stop limit and i went over like $15 on the daily stop and got liquidated. I was 2k away from being funded. I like Topstep.@@forrestforce

  • @theeillumanati6300
    @theeillumanati6300 4 місяці тому +1

    First time ever hearing "Better to be Inconsistent than Consistent, because not everyday is Tradable". Great Advice you earned a Subscriber. Much Agreed on that.

    • @forrestforce
      @forrestforce  4 місяці тому +1

      Thanks! I appreciate the support and welcome to the channel

  • @ilovemusicsomuch
    @ilovemusicsomuch 3 місяці тому

    Can you have all three accounts and get paid on them at the same time, like with Apex? Or can you only take patent in one at a time?

  • @aceundercover3413
    @aceundercover3413 2 місяці тому +2

    Forrest great work on your video's. I thank you for all the info. But at the same time, I got to tell you had disgruntled I became tonight when I discovered the price to reset my Pro account with Take Profit, and like what you said, that's one of the perks that challenged me to use them. I'm guessing you probably don't know as well. Well hope you're sitting down while reading this lol........$649 BIG ONES on the 50k acct!!!! That's unreal. I'm really disappointed in James. yeah build it up, but seriously how many traders can afford to pay that out? That deserves one of those "COME ON MAN!!!

    • @forrestforce
      @forrestforce  2 місяці тому +1

      @@aceundercover3413 sheesh dude, that’s nuts!!! Way too pricey

  • @ElWoof888
    @ElWoof888 5 місяців тому +3

    Cool video, show us your Daily PnL graph.

  • @christianfiguroa7147
    @christianfiguroa7147 6 місяців тому +1

    Do you have to pay taxes on money made and lost that was reinvested? Like in a real account

    • @forrestforce
      @forrestforce  6 місяців тому +1

      Its 1099 income unlike trading in a real/individual account

  • @MariusPocius
    @MariusPocius 3 місяці тому

    QUANTTOWER works without rithmic?

  • @d_lourenzo
    @d_lourenzo 6 місяців тому +3

    resetting those funded accounts are expensive

  • @joel_fpv
    @joel_fpv 6 місяців тому +1

    Replikanto copier works great with NT8

    • @forrestforce
      @forrestforce  6 місяців тому +1

      Yep, it's my preferred copier

  • @joshvaandrew6541
    @joshvaandrew6541 6 місяців тому

    This is my favorite futures firm I've used. Daily withdrawals is so cool for those with a solid edge.

    • @avi.00
      @avi.00 6 місяців тому

      please sir give me your contact .....
      i want to help for start this firm .......
      can you help me ????? i have many doubt to releted this firm.

    • @stasbz
      @stasbz 5 місяців тому +1

      Do you withdraw money from them?

    • @joshvaandrew6541
      @joshvaandrew6541 5 місяців тому +2

      ​@@stasbz Yeah I do. They say same day withdraw but the process typically takes 24hours. You can request withdraw right after session lapse during Asia open and it is typically processes by the following NYSE.

  • @MaricMaroc-fo8rp
    @MaricMaroc-fo8rp 4 місяці тому +1

    Do i have to pay for data fees

    • @forrestforce
      @forrestforce  4 місяці тому +1

      Nope!

    • @MaricMaroc-fo8rp
      @MaricMaroc-fo8rp 4 місяці тому

      @@forrestforce I want to know about other company it is topstep

    • @forrestforce
      @forrestforce  4 місяці тому

      @@MaricMaroc-fo8rp I’ll do a Topstep review soon!

    • @MaricMaroc-fo8rp
      @MaricMaroc-fo8rp 4 місяці тому

      @@forrestforce thanks bro

  • @kellyspence3743
    @kellyspence3743 6 місяців тому +1

    the reset fee on a PRO account is $649 Buyer BEWARE

    • @forrestforce
      @forrestforce  6 місяців тому +1

      Yea that’s insane plenty of cheaper firms

    • @richdupre3556
      @richdupre3556 6 місяців тому

      Reset fees on the larger Pro accounts are even higher. The reset fee on my $150K Pro account was $1499.

    • @Jaydivine-nc9fv
      @Jaydivine-nc9fv 4 місяці тому

      @@richdupre3556 yea but you get 3 free resets and if you fail all three then your better off starting a new test instead

  • @lyrana
    @lyrana 2 місяці тому

    They just updated it to 5 accounts that you can trade all at once

  • @johnbailey6533
    @johnbailey6533 5 місяців тому

    If you hit the daily max on test your account Is blown. They won’t stop it for you.

  • @Mike-London-UK
    @Mike-London-UK Місяць тому

    Please make your mind up guys....every other prop firm is your favorite, it's confusing the viewers in my opinion...

    • @forrestforce
      @forrestforce  Місяць тому

      I've supported the same prop firms for about a year now at least, hasn't changed at all

  • @007clench
    @007clench 4 місяці тому

    This review was wrong, totally wrong. You can only withdraw after making above the safety net and you can only take out that buffer over the safety net. Also you can lose your account if you take more than 50 trades a day

  • @309-baby7
    @309-baby7 6 місяців тому

    7:50 the new rule is you cant trade on news days like CPI or FOMC etc... you are not correct on that topic.

    • @moniquerich4340
      @moniquerich4340 6 місяців тому +1

      hello’ do they freeze trading for a few minutes like Apex or do you just fail if you unknowingly traded during a news event? Thx

    • @309-baby7
      @309-baby7 6 місяців тому

      @moniquerich4340 never tried that option as I haven't passed test. I am exploring ninja trader against TPT. the intraday margin requirements on /ES is $500 so if I am forced to close all my positions same day I rather build my account there with my own small capital.

    • @nathanieljones16
      @nathanieljones16 5 місяців тому

      @@moniquerich4340 they fail you. They want to take your money

    • @Bo-xh9bt
      @Bo-xh9bt 20 днів тому

      You can’t trade within like 1 minute of the news

    • @Bo-xh9bt
      @Bo-xh9bt 20 днів тому

      Can trade the rest of the day

  • @1zcott
    @1zcott 6 місяців тому +1

    very good

    • @forrestforce
      @forrestforce  6 місяців тому

      Thanks for watching! Feel free to watch my video playlist for more🔥

  • @anthonytoker319
    @anthonytoker319 4 місяці тому

    Very interesting

  • @yum6967
    @yum6967 6 місяців тому

    Wrong informations all over

  • @yum6967
    @yum6967 6 місяців тому +1

    Don’t even have an account with them but review it what a joke lol 😂

    • @forrestforce
      @forrestforce  5 місяців тому +1

      Commenting, an even lower bar

  • @S23ultra5g-c1e
    @S23ultra5g-c1e 6 місяців тому +1

    Whata their discord?

    • @forrestforce
      @forrestforce  6 місяців тому

      Whop.com/TradeEdge

    • @prettybirdjess
      @prettybirdjess 5 місяців тому

      @@forrestforceyou have to pay for the discord? Lol

    • @forrestforce
      @forrestforce  5 місяців тому

      @@prettybirdjess yes, there is a 7 day trial though

  • @iSeeTicks
    @iSeeTicks 4 місяці тому

    Lol daily max limit with intra day drawdown? Sounds dumb. If you aren't happy with Apex intraday draw down you will hate this one