Take Profit Firm · InvestCEO with Kyle Henris

Take Profit Firm

Here is my biggest issue with Take Profit… You’re not allowed to make over 50% of the evaluation account while trading.. In other words, on a 50k account the goal is 53k.. You cannot make over 1500 dollars per day while trading.. I know this because I had 2 big days trading on a 50k account where I made 2000 then the next day made over 2700 dollars on a trade and they said, “you went over the 50% rule so you have to recalculate how much you’re going to make.” Which for me was 55,576 dollars on the EA account.. You have to double your biggest trading day which is sooooo crazy to me.

Then they have an intra day drawdown rule where you can’t lose 1100 dollars on any day that you’re trading..

Where Apex is just get to 53k and we can do that with our style of trading Take Profit Trader makes you think about these rules they have in place while trading which makes it much more difficult on your psychology to pass an EA..

All in all they want to turn you into a scalper which is what I want to stay far away from.. Any thoughts on this

@Kyle Henris

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