PayoutLab

How do you handle accounts with consistency rules? I know a guy that literally puts a cap in his tradovate to lock him out at the EXACT dollar value to meet the % requirements for payout. Some traders feel like they are capping themselves at the knees with consistency. Others feel like it is a guardrail to help them follow their trading rules. Thoughts?

Commissions are the most reliably underestimated cost in a funded account, and almost nobody checks them properly. 10 micros does NOT cost the same as 1 mini... It may affect the way you should be trading your prop accounts. Two things worth looking up: what your firm charges per side on the instrument you actually trade, and whether that rate changes by platform.

Eleven prop firms moved or rewrote their rules documentation last month 🤯 Not one of them emailed anybody about it... If you’re trading against the rules you read when you bought the evaluation, there’s a chance you don't have all the information.

A fill at 6pm Chicago on a Sunday belongs to Monday's trading day. The CME session opens at 17:00 and the trading day rolls with it, not with the calendar. Sounds like a technicality. It isn't. It decides whether your daily loss limit had already reset, and whether that session counted toward your minimum trading days. If you journal by calendar date, both answers come out wrong and you won't find out until a payout gets declined.

What actually counts as a trading day on your funded account??? Two different rules get labelled "Minimum Trading Days" and they are not the same thing. One counts any day you placed a trade. The other only counts days where you cleared a certain amount of profit. If your firm uses the second one and you've been counting your break-even days, you're further from a payout than your tracker is telling you.

I tracked the wrong number for months. The trailing drawdown doesn't stop when you're up by the buffer amount, it stops when the floor itself climbs to your starting balance plus the firm's offset. On a 50k Apex account that's a floor of $50,100, which is not the same thing as being up $2,600. And the offset isn't the same everywhere. It's per firm, per plan, per size. There's no single number to memorize, which is exactly why you have to know yours.

Track not only your trading performance and progress.. track your payout and know your ROI

Join the movement of the ULTIMATE prop trading dashboard and journaling system. Only a short time while we are still in Early Supporter access. PayoutLab tracks all your prop accounts eligibility towards payout - the rules automatically built in. ✔️ consistency rules ✔️ buffer requirements ✔️ drawdown calculations ✔️ payout caps & minimums Everything at your fingertips.

Track your progress. Know your payout eligibility on all your prop accounts. Instantly.

Stop trying to calculate your consistency rules for each of your different prop accounts. Let PayoutLab handle it for you. Track your payout eligibility in your own command center. Everything you need for ALL your prop accounts right at your fingertips.

Trading is difficult enough... Let us do the other hard work for you. There are TONS of websites & applications in the trading industry that tell you what each prop firm's accounts looks like in terms of drawdown, consistency, buffer requirements, payout caps, etc.... Some of the other systems make you type the rules in yourself -- WHAT??🤯 But @PayoutLab_ is the ONLY prop trader SPECIFIC dashboard & journaling system that tracks all of your performance metrics against these prop components AUTOMATICALLY. Journals can paint your picture of trading history, but PayoutLab is your prop trading COMMAND center -- focused on your performance & your payouts. payoutlab.io/

Patience pays... and it's so much nicer to have these GREEN LabCards instead of RED ones 😂

How many prop firms are you ACTIVELY trading with?

Trading can be many things to many people. For one person it can be a life changing experience for the better, allowing freedom for one and their family. For another person it can be an obsession that can cost more than one can understand. Set achievable goals, understand you can’t control the market… come in each day feeling blessed for the opportunity to change your life positively with a click of the button. Know the opportunity, be confident in your experience, test your strategy and your edge, use tools that help you GROW.

The 1-Step Daily Ultra (both consistency %) plans are already LIVE in PayoutLab dashboard!!