@coach_swiss0 Happy Birthday🎂
I pray you fail and succeed. Because your failure ensures your success is certain.
May your dreams align and the territory you desire expand
Your mindset will never waiver, because you ensured mine did not
Happy +1
The best advice I've told myself today:
"That feeling might destroy you"
As a person, a son, a brother, a student, a trader and God's vessel, that feeling might kill the dream
The best advice I've told myself today:
"That feeling might destroy you"
As a person, a son, a brother, a student, a trader and God's vessel, that feeling might kill the dream
Im 46. No fancy lifestyle. Just me, my laptop, and a quiet apartment. I trade London session and I'm done by lunch. My monthly trading income covers what most families here earn in a year. From 2-3 trades. The goal was never to be rich. It was to be present.
a former casino floor manager told me something about funded trading that I haven't been able to stop thinking about for three weeks
he wasn't a trader. never touched a chart in his life.
but when I explained how prop firms work he started laughing
"that's our model. you just described a casino. except the house is dumber."
I asked what he meant
"in a casino, the house ALWAYS has edge. every game. every table. every slot. the math guarantees we win over time. the player can get lucky on any given night but over 10,000 hands we always come out ahead."
"prop firms are the opposite. the firm has edge on the LOSING traders - they collect challenge fees from the 90% who fail. but against a trader with actual edge? the firm is the fish."
"in my casino if someone proved they could count cards we'd ban them in 20 minutes. prop firms can't do that. if you prove you have edge they have to keep paying you. every month. forever."
"you're telling me these firms give you $100,000 in capital, charge you $300 for the privilege, and then if you're actually good they just… wire you money every 30 days?"
"that's not a challenge. that's the worst casino business model I've ever heard. and I love it for you."
he broke it down further:
"the casino survives because we control the rules AND the edge. the firm only controls the rules. if your edge is real, the rules can't stop you. they just slow you down."
"your drawdown limit is just the pit boss watching your stack. your consistency rule is just the betting limit. your payout schedule is just the cage window. it's all the same architecture."
"the difference is we designed our rules to guarantee the house wins. these firms designed their rules to FILTER bad players, not to stop good ones. completely different intent. completely different outcome for you."
I asked him what he'd do if he were a funded trader
"same thing I'd tell a card counter. play the minimum number of hands at the minimum bet size until the math does its job. don't draw attention. don't get greedy. don't deviate from the count. the edge compounds on its own if you stop interfering with it."
"your model is the count. your session is the shoe. your risk is the bet size. play it boring and the house pays you forever."
he finished his drink and said:
"the guys losing at your prop firms are doing the same thing the guys losing at my tables do. they KNOW the math. they just can't sit still long enough to let the math work."
I went home and cut my session from 3 hours to 90 minutes the next morning
passed a challenge 16 days later
the casino floor manager who never traded taught me more about funded trading in one conversation than a year of YouTube ever did
The lie is you are the wrong guy for the job
The lie is you won't become better
The lie is that you can't be honest
The lie is it amounts to nothing
The lie is it's all a lie
Well F#ck around and find out
Getting that one moment of relief and actually thinking, "Trading might work" is really a moment i don't understand
1000 attempts and this is what you are happy about
Then I remember "It's how you see the half glass of water"
Half empty or half full
The only reason for solitude is because you understand the antithetical
You live painfully and soon enough you just need it concentrated on yourself not projected on people you care for
Maybe not now but one day you'll feel painful enough and understand this