The account in one table
| Account size | $50,000 |
| Maximum drawdown | $2,000 |
| Drawdown type | end-of-day trailing |
| Daily loss limit | not in the preset |
| Profit target | $3,000 |
| Consistency rule | not in the preset |
| Minimum trading days | — |
| Trailing stops at | $50,000 |
Typical values for this account, editable in Propbook. Firms revise their terms — check yours.
What those numbers actually mean
| Daily loss limit | none — a single session can take all $2,000 |
| Target as a share of the drawdown | 150% |
| Green days needed at $300 a day | 10 |
How many contracts this account allows
| Contract | Per point | 10-pt stop | 20-pt stop | 40-pt stop |
|---|---|---|---|---|
| MNQ | $2 | 10 | 5 | 2 |
| MES | $5 | 4 | 2 | 1 |
| MGC | $10 | 2 | 1 | 0 |
| NQ | $20 | 1 | 0 | 0 |
Contracts a risk budget of $200 per trade allows — 10% of the $2,000 drawdown. Round down, never up.
The mistake that kills 50K accounts is sizing against the balance instead of the rule. $500 is 1% of this account — and 25% of everything you are actually allowed to lose.
The one thing to watch
Your drawdown line follows your closing balance, so intraday swings cost you nothing in cushion. What it does mean: every new equity high at the close raises the floor under you, and it keeps rising until it reaches $50,000.
Track this account free
Pick Take Profit Trader 50K from the presets and Propbook keeps the room left, the daily limit and the target live — and pings you on Telegram before a limit is crossed.
Open Propbook →Take Profit Trader 50K — FAQ
What is the maximum drawdown on a Take Profit Trader 50K account?
$2,000, measured as end-of-day trailing — it follows your closing balance, and it stops moving once it reaches $50,000.
What is the daily loss limit?
Propbook's preset for this account carries no daily loss limit, which means a single bad session can consume the whole $2,000. Your own daily stop is the only one that exists — set one.
What is the profit target?
$3,000, or 150% of the drawdown you are given.
How many contracts should I trade on a 50K account?
Fewer than you think. With a risk budget of $200 per trade, a 20-point MNQ stop allows 5 contract(s). One NQ instead of MNQ multiplies that risk by ten.
Does Propbook track this account automatically?
Yes — pick Take Profit Trader 50K from the presets and the drawdown type, maximum loss and target fill themselves in. It is free, with no account limit.