Here I will report my experience with trading and knowledge quests I do with in my journey. Big appreciation for #hossundhopf they motivated me to do the step.
5-Step Framework to Fix Your Trading Problems (like a prop trader)
Want to know what actually separates the traders who build long-term, 10-year careers from the guys who never make it?
Hint: It isn’t about discovering a magical chart indicator, and it definitely isn’t about predicting where the market is going. It’s about building a professional, effective and systematic process that focuses on the inputs you can control rather than chasing the P&L numbers you can't.
Watch this value-packed interview with Jeff Holden, our Head of Trader Development at SMB Capital, on Chart Fanatics. Jeff works day in and day out helping new-hire prop traders transform raw ambition into consistent profitability. In this breakdown, he laid out the Momentum Model—the exact 5-step framework we use on our desk to diagnose trading bottlenecks, build real skills, and systematically compound your trading performance.
If you are ready to transition from an underperforming trader who prays for wins to a professional business owner, you need to build this framework into your routine right now:
1. Track and Explicitly Admit to Your Mistakes
The quickest way to get stuck in a negative, stagnant loop is to hide from your poor executions. Amateurs beat themselves up; pros collect data. Jeff instructs developing traders to keep a dedicated section in their Daily Report Cards solely for listing out mistakes—whether it’s selling too early, chasing an entry, or failing to respect a stop loss. Sound like you? Don't judge them or rush to fix them immediately; just write them down for a solid week to find your true behavioral patterns.
2. Diagnose via the "5 Whys" (The Toyota Method)
Once you identify the #1 recurring mistake that is bleeding your account, it’s time to perform a true operational diagnosis. Borrowing a technique from Toyota Motors, you must drill down into the mistake by asking "Why?" five consecutive times.
For instance, if you cheated a stop loss, you ask why? Because you oversized. Why did you oversize? Because you expected an instant momentum burst.
Deep down at the fourth or fifth "Why," you will discover the real trading flaw—like taking a rushed trade without proper morning market preparation. Jeff notes that our desk even leverages custom ChatGPT/AI prompts to act as an assistant coach and speed up this deep-dive process.
3. Formulate and Implement Clear Solutions
Appropriate diagnosis leads to specific, actionable solutions. If you discover that you fail to hold trades to their targets because you don’t actually understand how the trade is supposed to unfold structurally on the tape, your solution isn't to "have more discipline." Your solution is to build a definitive PlayBook that outlines the exact volume and price action criteria required for your exit.
4. Lean into the Friction
Here is where the real skill development happens. When you attempt to execute your new solution, the market will test you, and you will encounter immense emotional and operational friction. Elite developing traders don't panic when they face this hardship; they welcome it. Friction is simply real-time market feedback indicating exactly where your habits need refinement. Expect to cycle through this loop a couple of times before it clicks.
5. Stack and Compound Your Small Wins
If you stay resilient through the friction, you will eventually generate a small win. Do not mistake a small win for a massive hockey-stick jump in your equity curve. True momentum is built by stacking one tiny process victory after another. As these small process wins compound, your performance naturally steps up, and before you know it, your P&L curve looks exactly the way you've always wanted it to look.
#DayTrading #PropTrading #TradingProcess #SMBCapital #RiskManagement
Inside One of the World’s Top Prop Trading Desks (The 5-Step Process) https://t.co/PZ4mdOap2j via @YouTube
1) send the world to zero
2) revive epstein files and send all the pedos and warmongers that use blackmail to control the pedos to zero
3) send all the wannabe kingmakers that use coercion and blackmail to control useful idiot politicians to zero
zero. zero. zero.
Argentina is 90% European ... European DNA will continue there, long after the Muslims have eliminated it in Europe.
I suspect Argentina will be an asylum destination for many Europeans as they flee from Europe.
Gotta hand it to the bulls. Arguments getting stronger.
And it's not just because we are going up for the past few weeks that I'm saying this.
Higher time frame wise we've been in a downtrend for quite a while now (6+ months).
We still are, BUT some good arguments now we actually might be in the reversal range that undoes it.
You know I've always never put myself in team permabull or permabear.
I'm always open to the top being in. I'm also always open to the bottom being in.
Regardless of the 4-year cycle, regardless because of "last time we did this so today we will..."
You know I never liked that. Can a downtrend take 12+months? Absolutely.
But can we also have a shorter bear market? Ofcourse.
There's no clockwork rule in place that says we have to.
For me the downtrend was very evident and visible at breaking below $100k last year.
You know that. I posted daily about it. So that placed me slightly in team bear. But not permabear.
If the signs were there I would already say after 2 months that we might be close to it getting over.
It didn't. It still kept going up until 6 months. And it could even have lasted longer.
But honestly today? With stocks surging past all time highs and actually KEEPING that momentum (not just a sweep).
And the Iran war actually (surprisingly?) looking like it really is resolved.
Markets looking to be they won't care about the temporary damage done.
It's tough to see Bitcoin not having put in a bottom with equities surging further like this (Bitcoin has shown a lot of confluence the past few years to some extent).
Think there are some good arguments there honestly and don't want to be the one glued to one bias either.
I didn't sell the pico top. But I was early to recognize the top.
I didn't buy the pico bottom. But it is early enough to still recognize it.
Would still like to see us leave this range here but I'm all for it imo.
A bullish market is always better than a bearish market!
NEVER Forget when El Salvador’s President Nayib Bukele EXPOSES our Tax System. Time to abolish the IRS
“You pay high taxes only to uphold the illusion that you are funding the Government… the Government is funded by money printing”
ABSOLUTE MIC DROP 🔥
🇭🇺 HUGE! Magyar Péter REJECTS the EU Migration Pact:
"Hungary will not accept any pact. In fact, I'm going to reinforce the border fence even more."
Ursula's European Union cheered for nothing!
INSTEAD OF WATCHING NETFLIX TONIGHT.
Spend 1 hour with this.
A Bloomberg Terminal lecture that teaches you more about how markets actually work than a 2 month internship at Goldman Sachs or JPMorgan.
The people who watch this tonight will understand something most traders spend years figuring out.
Completely free.
Bookmark this before you scroll past it.
This evolutionary cycle is not just for people but for countries, companies, economies—for everything. And it is naturally self-correcting as a whole, though not necessarily for its parts. For example, if there is too much supply and waste in a market, prices will go down, companies will go out of business, and capacity will be reduced until the supply falls in line with the demand, at which time the cycle will start to move in the opposite direction. Similarly, if an economy turns bad enough, those responsible for running it will make the political and policy changes that are needed—or they will not survive, making room for their replacements to come along. These cycles are continuous and play out in logical ways—and they tend to be self-reinforcing.
Moral, gesunder Menschenverstand und Courage sind Werte die man als deutscher Politiker und Journalist nicht haben darf, sonst ist man direkt disqualifiziert.
Ausserdem muss man nutzlos im privaten Sektor sein und gut nach Pfeife tanzen können. Damit hat man gute Chancen! 👍🏻
@bundeskanzler Was bist du denn für ein Fähnchen im Wind?
Wo ist das Statement zur Androhung des US Präsidenten zur Auslöschung einer Zivilisation?
Oder hat Tel Aviv nicht erlaubt drauf einzugehen? 😂
Sie bekommen pro Jahr über eine Billion (das sind eine Million mal eine Million) Steuern, eine Billion Sozialabgaben, jetzt oben drauf noch über eine Billion neue Schulden, aber es reicht nie.
Egal, wie viel Geld du diesen Nichts-Könnern und Dieben gibst, sie werden es immer verschwenden und dann nach mehr schreien. Das Problem ist nicht das Geld, das Problem sind diese Politiker und der Staat den sie gekapert haben und den sie "unsere" Demokratie nennen.
The person who bought Silver at 100 believing it will go to 200 is now saying they will double up at 55
but
they will puke out of everything at 60
Mark my words
It happens every time
The psychology of trading never changes
🇧🇷 BRAZILIAN ASSETS 🇧🇷
For months, our Stocks Premium has been pointing towards Brazil Stock Market. It has now become one of the top 3 performing major assets in the world.
It’s important that you know these fundamentals facts before INVESTING RIGHT:
1️⃣ Big money is involved.
Stanley Druckenmiller (one of the most respected investors alive) recently showed Brazil as a major holding in his official filings.
When investors like this move, it’s usually based on long-term fundamentals.
2️⃣ Brazil benefits when the US Dollar weakens.
Brazil is a commodity-heavy country (energy, metals, agriculture). When the dollar loses strength, money often flows into countries like Brazil — and their markets tend to rise.
Mr. P already talked about Dollar Weakening in his Macro Reports.
3️⃣ Brazil has a history of strong rebounds.
Over decades, Brazil has been one of the best “mean-reversion” markets in the world. Simple meaning:
• It falls hard in bad times
• But when it turns, it tends to recover strongly and fast.
Just Like $SILVER.
4️⃣ This move was anticipated inside Premium.
We’ve been discussing this since last summer — before it showed up in headlines. Some trades linked to Brazil have already delivered very large returns!
Bottom line:
Brazil is not a short-term gamble. It’s a macro trend driven by dollar cycles, commodities, and capital flows. This is not something to ignore or “bet against” lightly. Sometimes the biggest opportunities come from places people stopped watching 🇧🇷
~From Wall Street @ P-Circle ⭕️