If you’re looking to join a prop firm that prioritizes flexibility, profitability, and community, Tick Tick Trader might be on your radar. But with various funding options like the 150K and 250K plans, choosing the right one is critical. So, let’s dive into the details to help you decide which TickTick Trader prop account aligns with your goals and trading style.
Why Join TickTick Trader?
TickTick Trader offers a supportive community (accessible via Discord) and flexible options for traders who want funding without all the restrictions typically found in prop firms. Plus, with promotions like a 50% discount using the code “SCRAMBLE,” you can start your trading journey with a substantial price reduction.
150K vs. 250K Accounts: Breaking Down the Basics
- Pricing and Initial Costs
- 150K Plan: After the discount, the 150K plan costs around $350.
- 250K Plan: Priced at $500 after discount, this plan gives you access to a more significant max payout for a bit more upfront investment.
- Max Loss and Payout Threshold
Both accounts are structured with a 5% max loss and payout threshold, meaning that while the numbers may look bigger on the 250K account, they follow the same ratio. So, you’re not taking on any extra percentage of risk; it’s just proportionally larger. - Daily Max Loss (DML) and Trading Limits
The 150K account’s DML sits at $3,750, whereas the 250K account gives you a DML of $6,250. More room in your DML means more flexibility, helping you stay in the game longer if you hit a rough patch. - Payouts and Cash-Out Strategy
With TickTick Trader, you’re eligible for up to 90% profit splits, with certain promotions offering a full 100%. That translates into more take-home for your efforts. Here’s where the plans differ in payout:
- 150K Plan: A max payout of $3,000.
- 250K Plan: A max payout of $4,000, giving you a solid boost of $1,000 per payout cycle over the 150K plan.
- Trading Cycle Requirements
TickTick Trader’s plans have a 10-day minimum trading plan requirement, but the 250K plan shines when you get into your second trading cycle. After the initial hurdle, your daily targets drop to $600 for the 150K plan and $800 for the 250K plan, which is feasible when spread over consistent trading days.
Key Advantages of the 250K Plan
- Higher Earnings Potential
By spending an additional $150, you unlock an extra $1,000 per cycle. For traders who max out five accounts, this could mean an additional $4,250 in earnings, making the higher payout option a compelling value. - Greater Flexibility in Trading
The 250K plan gives you more room with a DML that’s almost double the 150K plan. This difference can be a game-changer when it comes to risk management, especially for traders who want the room to scale their trades without fear of maxing out too quickly. - Scalability and Long-Term Potential
With five accounts under the 250K plan, traders could cash out a potential $20,000 per trading cycle. Reaching that payout threshold every time means that with five accounts over five cycles, you’re looking at a serious income stream that can elevate your trading goals.
Tips for Maximizing Your TickTick Trader Account
- Get Your Payouts Early: Especially when starting, cash out as soon as you hit your targets. Building a buffer later on is great, but in the beginning, focus on recovering your investment and building confidence.
- Leverage the Daily Max Loss Room: With the larger account, you have a more forgiving DML, so use that flexibility wisely.
- Join the Community: Networking on Discord can offer valuable insights and support. Surrounding yourself with others on the same journey might be the edge you need to stay consistent.
Final Verdict
For serious traders with an eye on scalability, the 250K account stands out as the best value. It not only offers more flexibility with a larger DML, but it also maximizes your payout potential significantly compared to the 150K account. If you’re ready to make the most of TickTick Trader’s prop firm offerings, this is your best bet.
Remember, with the right approach and consistent discipline, you could make 2025 your most profitable trading year yet. Happy trading, and don’t forget to use that discount code “SCRAMBLE” to get started!