HeYooo..........Papa Dragon is Back in Business...............
Lets get that prop money............ Going for RAGS to RICHES pathway to 100k a month to show everyone, first time wasn't the fluke GOAL - Starting with 160$ on 3 Blueguardian 50k evals (Keep trying with 3 BGF evals until hit payout).... NEXT 6 MONTHS SCALE WITH PAYOUTS and REACH 100 accounts and eventually 100k NETT months {image}
I have a few already funded accounts running, but for the new project, I am starting with all direct funded accounts, so, of course, Lucid and Tradeify to start. I posted the math a few weeks back 25Ks, are the way to go here....smaller target, better target to DD and most important you keep MOST of what you earn. The payout caps on the larger accounts leave a TON of unrealized profit sitting on the table. I'll find that post....
Running some numbers on the direct funded futures accounts....smaller accounts blow away the larger ones due to 2 factors
1. The profit goal to max loss
2. The % you can actually take vs. what you made.
They lure you with the price per DD to make it appear as if the $150K is the far better deal, but here is the reality......
25K and 50K require a 1.5 profit to max loss to achieve first payout and you get to keep 66.7 % of it.
150K requires a 1.8 profit for first payout and you only get 33.3% of it, this does increase to 77.7% on payouts 4+, but the 25 and 50 incease to 100%
Far better to copy 3 50K accounts and pull 6K payouts 1-3 and $7500 payout 4+ than 3K(1-3) and $3500(4+)
Initial cost is about 20% less than double, but you pull 33K vs. 16K
I used Tradeify and Lucid as they are the two most popular and just about identical....Lucid does have a clause of only 5 payouts and then they review you for live, but may not actually give you a live account.
Of course you could also copy 5 50K which would pay 55K, which is better than 3 150K at 48K...here's the kicker on that one ....initial cost $40 higher.
—> reinvest and scale…
