Prop firms skew your perception of trading
They make you think 15% is a small return because that’s what it takes to pass a Phase 1 & 2
When in reality, even for the best traders, it will likely take MONTHS for you to reach a 15% return
New traders get an unrealistic view of the markets based on these prop firm challenges and what they see (fake) traders posting online
Start taking trading slowly and realise that it will probably take a few months for you to pass a challenge
But once you’ve passed that, made payouts and re-invested them into more
Then it can only take about a year or less to build to $1M in funded capital - where 3-5% monthly returns can make you a LOT of money
Stop having a false expectation on the markets
Take it slow, try to aim for 30-50% a year and don’t get discouraged when you go through drawdown periods
Real talk, get that car today. It's not when you're old and responsibilities have piled up. By then, you won't even have the need, and the effect won't be the same, 'cause a car at a young age guarantees more ho's, more confidence, and gives connections.
@PedhrinoFCB@SayLessFX@KojoForex It's clean in the eyes of the law... But it doesn't hide the fact that they have the mental framework of those doing illegal things for money, they just bend the rules to their favour.
They may even decide to follow the illegal route and get away with it
@SayLessFX@KojoForex This reflects what can happen when a small number of people hold enormous wealth and power. Their choices often involve trade offs that most people will never face. To attain that level of success you need to be ruthless asf
@SayLessFX@KojoForex At the billionaire level, decisions are often driven more by strategy and advantage than by emotion.
Their influence can also extend beyond business. For example, Elon nusk control of Starlink has affected military operations in the Ukraine war. Leading to casualties
@SayLessFX@KojoForex It may not be illegal, but acting like a saint will never take you to billionaire standards. You have to hurt some people to achieve that level of success