Everyone sees my morning trading.
Nobody sees this side.
I broke down what my prop firm trading produced in May, where the money came from, what it cost, and why I'm thinking hard about the future of this model.
Full breakdown:
https://t.co/b5T1iA0XHQ
#Futurestrading#PropFirm
Every trader says they'll stop after the first mistake.
Until they're in the moment.
Today I hit the DLL and blew the account.
Because I kept giving myself "one more chance."
https://t.co/nTG6XRqEej
#NQFutures#PropFirm#FundedTrader#TradingPsychology
Today's $NQ session was a masterclass in what NOT to do.
Started with a breakeven trade.
Then I spent the rest of the day forcing longs, revenge trading, and eventually increasing risk trying to make it back.
https://t.co/OC2I5nEQ8i
#NQFutures#FuturesTrading#DayTrading
Most traders spent today trying to catch the bottom.
I spent today following the trend.
One MNQ short.
One setup.
One trade.
Sometimes trading is hardest when the answer is obvious.
https://t.co/1cEk9RitUF
#NQ#MNQ#FuturesTrading
Some days the market takes your money.
Some days you hand it over yourself.
Today was a little of both.
Had multiple trades with unrealized profit, got stopped at breakeven, took a few bad trades, and finished the day down $897.
Video below 👇
https://t.co/TQHPFtWecL
@TradersParadise@Tradeify@MyFundedFutures@TradingLucid The mistake most people make is trading a prop account like a personal account. The goal isn’t to survive forever. The goal is to get to payout as efficiently as possible.
@TweakinTrades What if you looked to double your spend and get more accounts to payout? Probably wouldn’t be upset with $5600 expenses and $20k in payouts.
@PSi_trades Is decreasing spend the answer? You could probably become more efficient in converting new accounts through the cycle to payout, but what if you spend $20k to make $40k? At the end of it you just gotta make that $$$
One of the biggest improvements I've made as a trader:
Learning when to stop.
Today I took one NQ trade, followed my plan, and walked away.
No forcing setups.
No giving profits back.
No revenge trading.
New video:
https://t.co/OVIH3pMh9B