Video summary

Take Profit Trader: Everything You Need to Know (Pricing, Rules, Payouts)

Main summary

Key takeaways

Finance

Firm / Product Mentioned

  • TBT (U.S.-based prop trading firm) — the video focuses on pricing, evaluation (“test”) rules, funded-stage rules, and payout mechanics.

Disclosures / Cautions

  • No explicit “not financial advice” disclaimer appears in the provided subtitles.

Extracted Instruments / Markets

  • No specific tickers, stocks, ETFs, bonds, commodities, FX pairs, or crypto are mentioned.
  • News events affecting trading rules are explicitly named:
    • NFP
    • CPI
    • FOMC

Pricing / Account Sizes (Evaluation Stage)

Account Sizes Referenced (“Test Accounts”)

  • 25K, 50K, 100K, 150K
  • Also mentioned: 75K (the speaker says 25/50/100/150K are most common)

Evaluation Cost (Explicit Numbers)

  • Listed costs: 150, 170, 330, and 360 (corresponding to the account sizes as presented)

Activation Fee (Typical)

  • $130 per account

Discount Code

  • Code: “PK”
  • Claim: 40% off and no activation fee on all TBT accounts

Total Costs After Discount (Explicit Totals)

  • 90, 102, 198, 216 (depending on account size)

Evaluation Stage Rules (Explicit Framework)

  • Consistency rule: 50% across the board
  • Max funded/evaluated accounts allowed: up to five funded accounts total (regardless of account size)
  • Trading days to pass eval: 5 trading days total
  • Drawdown type (evaluation stage): end of day (EOD) for all accounts
  • Daily loss limit: none
  • News trading during eval: Yes — allowed to trade news across the board
  • Maximum position sizing: said to be dependent on account size, but exact sizing numbers aren’t provided in the subtitles
  • Profit target and max drawdown: referenced as “shown right here,” but no numbers are included in the subtitles

Funded Stage Rules (Payout + Risk + Trading Restrictions)

Payout Timing and Caps

  • Payout availability: payout on the very first day after becoming funded
  • Consistency rule on funded accounts: none
  • Daily payouts: daily payouts on every account size are allowed
  • Max payout cap: none
    • Explicit statement: payouts are not capped at $1,000 / $2,000 / $5,000
  • Minimum payouts: none

Drawdown Mechanics (Buffer Concept)

  • Initial drawdown type: intraday on a brand new funded account
  • After meeting a buffer requirement, it switches to static drawdown

Example (Explicit Numbers): 50K Funded Account

  • Starting size: 50K
  • Initially: intraday drawdown
  • After reaching $2,000 in realized profits:
    • Balance becomes $52,000
    • Intraday drawdown “goes away forever”
    • You must keep account balance above the $50,000 starting point
    • You can continue trading as long as you maintain the starting balance floor

Funded-Stage Consistency Rule

  • Consistency rule: not a thing on TBT funded accounts

News Trading Restrictions (Explicit)

  • News trading on funded/pro accounts: No
  • Prohibited window: 1 minute before to 1 minute after specific events
  • Events where you cannot be in a position:
    • NFP
    • CPI
    • FOMC

Profit Split

  • 80/20 across the board (profit split)

Position Sizing and Scaling

  • Max position sizing:same as evals” (no exact sizing numbers provided)
  • Scaling rule: No
    • You can use full contract sizing immediately on a new funded account
    • (Speaker notes other firms often restrict contract size initially, but TBT does not.)

Daily Loss Limit

  • No daily loss limit on any account size (funded stage)

Example Payout Scenario (Explicit Mechanics + Numbers)

  • Scenario: 50K funded account
  • Day 1 profits: $4,000
  • Account becomes: $54,000
  • No max payout cap and no consistency rule needed

Buffer Requirement (For 50K)

  • Buffer requirement: $2,000
  • Meaning: to take a payout, you must maintain $2,000 as buffer

In the Example

  • You can take a $2,000 payout
  • Remaining account effectively retains the $2,000 buffer
  • After payout, you can take another payout only when you earn more profit over the buffer again

The speaker notes that 25K and 150K accounts differ only by the required buffer amount, but no other specific buffer numbers are provided in the subtitles.


Methodology / Step-by-Step Framework Extracted

Evaluation Stage

  1. Choose account size (25K/50K/100K/150K; 75K also exists)
  2. Apply discount code PK to get:
    • 40% off
    • no $130 activation fee
  3. Pass eval by meeting:
    • 5 trading days
    • 50% consistency rule
    • EOD drawdown type
    • no daily loss limit
    • news trading allowed during eval

Funded Stage

  1. Take daily payouts, starting day 1
  2. Manage drawdown via buffer:
    • New funded accounts begin with intraday drawdown
    • After meeting the buffer/profit threshold (example: $2,000 realized profits on 50K), drawdown becomes static
    • Maintain balance above the starting floor ($50K in the example)
  3. Follow news restrictions:
    • Avoid being in positions during NFP / CPI / FOMC window (1 minute before to 1 minute after)
  4. Use full position sizing immediately (no scaling constraints)
  5. Profit split applies: 80/20

Key Numbers Recap (All Explicit)

  • Account sizes: 25K, 50K, 100K, 150K (75K mentioned)
  • Evaluation costs (as stated): 150 / 170 / 330 / 360
  • Activation fee: $130
  • Discount code: PK
    • 40% off + no activation fee
  • Post-discount totals: 90 / 102 / 198 / 216
  • Evaluation rules:
    • Consistency: 50%
    • Trading days to pass: 5
    • Drawdown type: EOD
    • Daily loss limit: none
  • Funded rules:
    • Payout timing: first day
    • Consistency rule: none
    • Max payout: none
    • Min payout: none
    • Profit split: 80/20
    • News blackout: 1 minute before/after NFP, CPI, FOMC
    • Daily loss limit: none
  • Example buffer/drawdown:
    • 50K buffer threshold example: $2,000
    • Milestone example: $2,000 realized → balance $52,000
    • Static drawdown floor: $50,000
  • Example payout:
    • With $4,000 day-1 profits on 50K, payout possible: $2,000

Presenters / Sources

  • No external sources or presenters (by name) are identified in the subtitles; only “the speaker” is referenced.

Original video