Auto-generated transcript below — expect the occasional typo and a lot of trader slang.
Transcript
Did you see the sweep of freaking people being pushed live? I think the days of it’s not really SIM farming, but like the 20 accounts I think all those days the I think those days are behind us. I think going forward all these firms are just going to you know, I’m not even talking about like Apex did the thing last night where it like swept and there’s a lot of people you
go go on Twitter and see all the people that went live, but I think that you know, obviously the ultimate goal is to go live with prop firms, you know, people pay to pass the accounts, prove themselves and then you know, eventually live is {quote} {unquote} the end goal. But the I I think the days of the massive payouts with 10 plus accounts, I think those days are behind us and you
could see it even with not only Apex, but like you know, Lucid has their thing where it’s like five you know, five or six payouts you go live. Everywhere. Everywhere and then even between your first payout and your last payout, it’s all capped. Like it could be capped I think My Funded Futures is capped. They have one account that caps you at 100k, but like you know, there’s other ones that cap
you lower than that and there’s freaking nothing you know that’s it. They’re just cap they’re they’re capping it where you you know, you can’t get these massive payouts anymore. Yes, you can make money and yes, obviously hey, you paid $100 for an account you pulled out 10 grand. It’s awesome. I’m not I’m not complaining. I’m just saying the days of hey, do you see you know, Joe Blow make 500k payout like
that day is is well gone. Unless they do it with a live account. Unless you do it with a live account, but you can only do it with one account. You can’t make $50,000 in 10 accounts or 25 grand cuz back back in the day with 20 accounts if you made $25,000 you really made 500k because the 25,000 times 20. Yeah, that’s done with. Done with. And it’s interesting that you know,
everyone is now like so arguments like I was trading with Fedeas bro, they pushed me live. You’re supposed to get at least three payouts in an account or 75 grand in payouts and I got pushed live early. I think everyone once they see that you’re profitable uh their goal is to get you live. Um and it I it makes sense cuz if you’re profitable they take their 10 or 20% cut. And
I get it. Uh like I’m not faulting them because I know they’d go out of business if they kept going that route. So I understand why they’re doing it. It’s just the heyday of the massive payouts are probably done unless you’re doing it uh in a live account or several live accounts where like take profit trader you could have five accounts. So you could still get you could make 20k in a
day and make 100 grand. Like you know So I think there’s still some firms have like three live accounts, five I think five is the most I’ve seen. Um so you know it’s just interesting how all the firms have migrated or or you know, to to doing that now instead of It’s almost It’s almost like they uh they had to fall in line or something cuz they all fell in line. At
the same time. Yeah, one after the other. I think gold really really hoes people. That and maybe some regulatory Yeah, like I you don’t know. You don’t know if they’ve been contacted, you know, and said hey like you know, you’re going to have to uh you know, there’s changes coming. You might want to change that now. I I agree. Like you don’t know. Um I don’t know, you don’t know, but yeah,
that could definitely be a reason and Well, yeah. You know, the worst place to go live with is probably freaking toxic. Only they they take like 80% of your money or something like that I heard. They don’t give you much. No, it’s small. It’s it’s small leagues like minor leagues. Not not big leagues. What you eating over there? Anything good? Uh eggs. I’m talking eggs. Y’all
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