Prop Trader I Option Seller I Chartered Accountant by Profession I Trader by Heart I Using Twitter as a Trading Journal I Trading becoming 1st Priority
Whoever is eager to know my trading setup, what are my rules and want to learn it in a structured manner, may buy the course of "BEING TRADER" (my mentor).
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This is Psychology
- Slowly reached 54K bal, needed just 2 small profit days for 2nd Payout
- then daily P&L were -2K,-1K,+1K,+2K
-bcoz of Consistency rule required another +2K for payout
-today lost 2K & back to 52K
Will go slow from here and TGT for net 10 days with 400$
😶
@TraderAryan By calming down.
As those 1st few payouts gave budget to spend and therefore was spending irrationally on prop accounts, taking high risk on trades, indulged In overtrading.
When looked back, then realized what was going on and started trading sensibly which yielded new payouts
@sachinpandeyjee 😅 kya lage rahu bhai
Consistency rule change hua he ye dhyan nahi diya and bada profit Kar Liya
Thodha aur wait
Net 2 profitable days k baad saare payout ayenge
Bada risk karne wala hu, bas back fire na kare
Update!
Got eligible for another 10K $ Payout from Apex (5 Accounts)
2 100$ days required for another Lucid Net Payout of 3.6K $
2 Profitable days with net 1K $ profit required for 2K $ payout from Apex from 1 EOD account
Stats till date 🤞
Biggest Joke for me😅
Now understood that way of calculating Consistency rule compliance has changed
Now it applies on profits made since last payout and not on total profits as earlier 😶
Will require some more days to request payout
Will do it
Hope I do not do blunder now
As per my understanding, I am eligible.
If Yes, then will request payout this time in person with my mentor Pritam Singh (Being Trader)
Will Travel Mumbai to Varanasi to meet him.
Update!
Did some overtrading but still Got eligible for another 3.6K$ Payout from Lucid
Lost 2K $ per account on Apex and week is now at breakeven
Finally net positive with Lucid
Next target TPT
Figures from April 2025 (start of Prop firm Journey) to till date
Update!
Total Exp since July 2025-18530$
Payouts after July 2025-22280$
Feb 26- 8K$
Mar 26- 8K$
Apr 26- 6.28K$
Out of my DD of 8 months from Jul 25 to Feb 26
Started Prop trading in Apr 25
Total exp till date-22030$
Total Payout till date-79780$
Net Payout- 57750
ATH🤞
@shushant729 Risk Reward and Risk per trade me testing chalu he,
as of now 1:0.9 RR and 400$ Risk per trade in 2K DD & 200$ Risk per trade in 1K DD chalu he