Augustus

Waiting is a trader's real work

[NicoTrades @nicootradess]

For the people that were asking how to scale, these are the propfirms to get. 👇

20x Apex 50K PAs
5x Lucid 50K Flex
5x FundedNext Futures Bolt
5x Elite Futures 50Ks
5x TPT 50Ks
5x Alpha 50K Premium
5x Tradeify select 50Ks
5x Goat Futures 50K (evals)
4x E8 50K Signature
Ninjatrader Personal Broker

People think trading takes more screen time. It takes less.

You don't need more trades. You need more capital working behind the same plan.

[BOSS @thebeautyofsaas]

>take 2hrs
>print out the workbook
>fill it out
>read it every day (first thing in the morning)
>update it each quarter with your new vision (goals and ideas)
>read it with intention (not just to get it done..)

a simple and efficient way to update your mental models

[JonnyFutures @JonnyFutes]

YOU NEED TO READ THIS IF YOU TRACE PROP FIRMS:

Your 70% win rate prop account is still mathematically doomed.

Not because your strategy is bad. Because of a 100-year-old math problem called Gambler’s Ruin.

Let me explain, because this is the single most expensive thing traders don’t understand.

Gambler’s Ruin is a proven mathematical result: when a player with a LIMITED bankroll plays against an opponent with an UNLIMITED one, the limited player will eventually go broke if they bet too large a fraction of their bankroll even when the odds favor them.

Even with an edge, you can be mathematically guaranteed to blow up. The edge isn’t the problem.

The bet size is.

Now map it to your funded account:

You are the limited player. Your bankroll isn’t your $50K account it’s your $2K trailing drawdown.

The market is the unlimited player. It can stay irrational, choppy, and stop-hunty longer than your drawdown can survive.

Here’s where the 70% win rate lies to you. At 1:1 risk-reward, risking $100 a trade, your expectancy is +$40 per trade. Positive. Profitable. On paper, a money printer.

But expectancy is an AVERAGE over thousands of trades. Your drawdown doesn’t experience the average. It experiences the SEQUENCE. And sequences contain losing streaks guaranteed.

At a 30% loss rate, a 4-loss streak feels impossible. It’s not. Over 200 trades, there’s roughly an 80% chance it happens to you at least once. A 5-loss streak? About 38%. Nothing to do with bad luck. They’re scheduled appearances.

So the only question that matters is: how many consecutive losses can your drawdown absorb?

$2K trailing DD risking $100/trade = 20 losses of room. The streak hits, you survive, your edge keeps working.

Same account risking $500/trade = 4 losses of room. The streak hits, you’re done. Same strategy. Same 70% win rate. Dead account.

And prop firms add a twist Bernoulli never imagined: the TRAILING drawdown. Every dollar you make, the floor rises with you. Your buffer never grows. You’re permanently playing with the same short stack no matter how much you win(varies with some firms)

The brutal conclusion: most traders don’t fail because their strategy stops working. They fail because they sized their bets for their account balance instead of their drawdown, and then a completely normal, statistically inevitable losing streak showed up on schedule.

The fix is one rule: your drawdown divided by your risk per trade should be 15-20 minimum On a $2K DD, that’s $100-130 risk. One or two micros.

I won’t lie - I’m not this tight with risk, but this is where the math leads

Boring.

Gambler’s Ruin doesn’t kill boring traders. It only kills the ones who never ran the math.

[Chihiro | coaching open @spiritchihiro]

going to leave this here.

this is coming from a someone who is recognized as the most decorated freestyle skier in Olympic history, successful luxury fashion model, full-time undergraduate student at Stanford University.

[Augustus @AugustusCap]

@VClouette When you've made enough to stop

[Livermore @Livermore_LM]

30만원으로 자산 100억 돌파한 경력17년 30대 트레이더

2009년 재수생 시절에 공부로는 승산이 없을 것 같아 대학/취업 루트를 버리고 증권사 누나의 소개로 전업 트레이더로 진로를 결정.

알바할 때 모은 500만원이 6개월 뒤 30만원이 됨.
그 뒤 방법을 재정비해서 21살부터 월 수천만원 수익을 올리기 시작함.

이러한 그가 남기는 트레이딩 조언

1.
자신의 트레이딩 과정을 녹화해서 모니터링한다.

2.
어떨 때 잃지 라는 것들을 녹화 영상에서 분석한다.

3.
손실를 유발하는 트레이딩 습관을 분류한다.

4.
늦은 손절, 잦은 거래, 계획에 없던 매매, 성급한 매매 등을 지워나간다.

5.
교정된 매매방법을 습관화한다.

6.
오전에 산 주식은 마감전에 전량 매도해서 장중에 거래를 끝마친다.

7.
장 마감하면 완전한 휴식 시간을 갖는다.

8.
예수금은 날려도 되는 돈으로 하고 나머지는 에셋파킹을 한다.

한번에 가장 많이 잃었던 경험은 10억.
처음엔 도박이라며 누나들이 반대 많이 했었다고 함.

트레이딩은 자기객관화가 정말 중요하다.

[Augustus @AugustusCap]

@TraderAryan @ViruXd_ 15?

[Investment Wisdom @InvestingCanons]

“It’s an easy game, if you can control your emotions.”

— Warren Buffett

[notprofessorgreen @notprofgreen]

Some more AI slop for you all 🤣

I've been curious about the 5/15 min orb and the relationship with the IB, so looked at a few things

🧵1/2

[Augustus @AugustusCap]

@MrZincx Does it matter that ES and NQ IB diverged this session?

[Aryan @TraderAryan]

"The consistency you seek is in your mind, not in the markets."

- Mark Douglas

[Josef @joseftrades]

Nobody talks about how much of trading is just sitting there convincing yourself not to do something stupid.

[MrSean📊 @RealTraderSeun]

Most traders are trying to turn $500 into $50,000.

The smart ones do this:

Save $1,000.

- Buy prop firm evaluations.
- Pass a few.
- Get funded.
- Risk less.
- Make 2–4% per month.

A 3% month on $400K funded capital is $12,000.

The goal was never to trade bigger.

The goal was to get access to bigger capital.

No school is going to teach you this.

[@jason @Jason]

Stop being retarded, start Retardmaxing

Being retarded means you’re ruminating and overthinking your decision

Retardmaxing means you’re making decisions based on your gut instinct — zero rumination, zero regrets

Stop being retarded, start #Retardmaxing

[Abass @AbassFx_]

Let me reveal a secret to you.

The real difference between you and that mentor/trader making $100k+ payouts isn’t strategy. I know some of you think it is.

It’s not knowledge either. Some of you are more intelligent and know more than the people you see making consistent payouts.

It’s not connections. Yes, connections help, but that’s not the secret.

The real secret is their nervous system.

Being calm is a competitive advantage. Panic leads to expensive decisions that always end in regret.

When you’re in a trade and see a loss, you panic. You close early, re-enter, switch bias, start hoping, and even move your stop loss.

The elite trader does the opposite.

They trust their analysis. They don’t panic. They have a stop loss for a reason, and they let their trade play out without interfering.

Their edge is calm under chaos.

If you want to join their ranks, you have to train yourself to stay calm and rational no matter the situation.

Stay grounded.

[EliteOptionsTrader @EliteOptions2]

If you're not financially rich, you're not as smart as you think you are.

I don't say that to be harsh. I say it because I had to hear it myself.

You can be the smartest person in the room and still be broke. Because smart doesn't build wealth.

Discipline does.
Consistency does.
Delayed gratification does.

Start there.

[American Alchemy @AmericanALCHMY]

MIT trained cognitive scientist Donald Hoffman says "embodied consciousness like ours has a probability of zero". This is a new finding discovered just weeks ago. The normal state of consciousness is not embodied. Hoffman frames the human condition as the worst possible interface. "We're like a marathon runner with weights, terrible shoes, and a backpack." We can't move a cup with intention alone. We move fingers and toes and arms, and from that narrow channel we have to scheme our way to doing anything physical.

"The normal case for consciousness in this framework is not to be embodied."

"In this mathematics, it's measure zero, probability zero."

"It dovetails with a lot of religious stories around the quote-unquote fall of man."

"To get to the moon, all I can do is move my fingers, my toes, my arms."

"It's low bandwidth and high latency."

"It's sort of like you can play the game of consciousness and move things around, but you're so restricted."

Episode dropping today.

[Investment Wisdom @InvestingCanons]

“Until you can manage your emotions, don't expect to manage money.”

— Warren Buffett

[Augustus @AugustusCap]

@factor_members $EWC Cup with Handle?

[Augustus @AugustusCap]

@robinf_x The problem is most of these scaling plans are likely marketing