chartfanatics retweeted
Brian Stonk has made $2 million in prop firm payouts in 3 years. He still drives the car he had in high school.
He left his engineering degree with one year to go. In his first 6 months of prop trading, he was $10,000 to $20,000 down.
What turned it around:
• He tracks what he spends vs what he gets paid. His goal is 5x. He is around 10x
• He added a second account only after a payout
• After a payout, he takes small wins instead of trying to grow the account fast
• 3 losses in a row means he is reading the market wrong that day
• The urge to win it back with one big trade gets written down, not traded
chartfanatics retweeted
1. Use one fixed stop.
Every Nasdaq trade gets a 10 point stop. The stop is the only part of a trade he fully controls, so it never moves.
"Be right or be right out."
chartfanatics retweeted
Okala has taken over $5 million in prop firm payouts and runs around 76 funded accounts.
He didn't start with 76. He started with one.
His process, in 5 steps:
chartfanatics retweeted
One of our traders took the same Gold trade on two accounts.
Account 1: the usual 1 to 3 target.
Account 2: a bigger target, just under 1 to 5.
Both targets hit. Then price kept running.
Same entry, two plans.
One target or more?
chartfanatics retweeted
đź§ The version of you that panics on a bad trade is only one version of you.
Trading psychologist Rande Howell borrows an idea from quantum mechanics to explain this
In his view reality starts as potential
The one observing it is what gives it shape
That is how a self is formed, the person you think you are
His process has two steps
First, regulate your emotions so they do not wipe you out
Then build mindfulness, so you can look inside and notice what is happening
That is when you start to see it
The "me" you were a moment ago is just one way your self can be organized
There are many others
For Rande that is a reason for hope
It means you can build a trading mind that works much better than the one you started with
You are not stuck with the trader you are today
More from Rande in the first reply
chartfanatics retweeted
We sat 15 unprofitable traders in front of Umar Ashraf, a trader with over $30 million in profits.
The same mistakes kept coming up:
1. Overtrading
2. Revenge trading
3. Cutting winners early
4. Switching strategies
5. No discipline
Most of these have nothing to do with strategy.
chartfanatics retweeted
JadeCap went from construction worker to a world record $2.5 million single prop firm payout. Over $4.5 million in payouts in total.
He owns a Ferrari. He drives it once a week. The rest of the time, he is in his office.
He started with $10 to $25 risk per trade, and spent his first 5 years jumping between strategies.
How he runs it now:
• One position size for 3 months. Any change is a discipline problem
• Prop trading is a business, with its own company and its own card
• One prop firm until it pays out, then spread across firms
• Early payouts go back into accounts and an emergency fund
chartfanatics retweeted
Matteo Conti spent 7 years at one of Europe's largest banks, running €15 billion a year.
Now he teaches retail traders to treat a prop firm challenge like a business, with a plan tested in simulations before any money goes in.
Most people buy a challenge and hope.
chartfanatics retweeted
2. Count your mistakes
One trader counted every repeated mistake in their journal.
Near the top: entering before the candle closed.
Wait for the close to confirm. It saves a lot of losing trades.
chartfanatics retweeted
🖼️ If you have ever watched an auction, you already understand how markets move.
Andrea Cimitan @andreacimi explains it with a painting
A painting is up for sale at $1 million
One bidder says he will buy it for $1 million
Another says he will pay $2 million
The price goes up because people are willing to pay more
The painting is the supply
The bidders are the demand
The auctioneer matches the two
Financial markets work the same way, with one difference
It is a double auction, with buyers and sellers on both sides
In his view, when you learn to read when this auction is in balance and when it is out of balance, you get a good idea of what price might do next
Every candle on your chart is an auction
Watch Andrea break down the full idea on Chart Academy
chartfanatics retweeted
Umar Ashraf @UmarAshraf used to make a common mistake after every bad trading day.
He would go and try to learn more.
Now he says more information does not make you a better trader.
After a bad day, he would ask himself what he was missing.
But nothing was missing from his education.
He was only trying to explain why he could not read the market that day.
Even now, there are days the market sells off and Umar cannot read it.
Sometimes there is nothing he missed at all.
In his view, the market is random at times.
Those are the days you accept it, instead of running to learn something new.
Less information will always make your life as a trader easier.
Umar breaks this down further in the full episode below.
chartfanatics retweeted
The hardest decisions in trading should be made before the market opens.
Where you'll exit, when you'll stop for the day, what you'll do after two losses in a row.
Decide it at 8 AM with a calm head. At 10 AM, mid trade, you'll only end up negotiating with yourself.
chartfanatics retweeted
Logan spent 4 years as a US Marine, then 4 more years as a contractor in Afghanistan and Iraq, where he got shot at.
He says trading still puts him on tilt. Military discipline did not stop him from blowing big accounts.
He once lost a $54,000 payout chasing the last $1,000 to reach $55,000.
What he does now:
• He trades only 9:30 to 11 AM New York time. If nothing sets up, he is done
• Preset settings take profit and move his stop to break even, so he can't panic
• He never resets a funded account
• When he tilts, he looks at his personal life first. He says 9 times out of 10, that is the cause
chartfanatics retweeted
Lama has $500K+ in prop firm payouts, and a question to ask before you buy another challenge.
“Are you still doing the same thing and expecting different results?”
You blow an account. Buy another. Promise you’ll be more disciplined.
Then one loss turns into five trades.
You increase your size to win it back.
Another account gone.
“What is making you pop these accounts? That’s the real question.”
For Lama, this is where looking for another course or mentor can become a way to avoid confronting your own behaviour.
“You need to fix yourself.”
Before you spend money on a fresh account, can you name what you’ll actually do differently?
👇 Watch the FULL EPISODE for Lama’s approach to psychology, discipline and the process behind his $500K+ in prop firm payouts.
$500K+ In Payouts. The Mindset That Changed Everything🚨
7-Figure Trader Lama reveals the exact process behind his $500K+ in prop firm payouts, explaining why trading is about competing against yourself, how mastering your psychology transformed his results, and why trading less can ultimately make you more profitable.
Full episode👇
chartfanatics retweeted
1. Lewis Borsellino traded on the CME floor and made $1.4 million in a single day in 1987.
His lessons are about losses, ego and patience.
He also had to rebuild after setbacks. Even at that level, losing was part of the job.
chartfanatics retweeted
I've interviewed a trader who made $1.4 million in one day, a US trading champion with a 291% return, and a hedge fund trader managing $50 million.
All 3 had to get through a lot of losing first.
3 lessons on losing from 3 of them.
chartfanatics retweeted
Your trade is going against you, your heart is racing and your breathing is already fast.
Trading psychologist Rande Howell says that breath is where you can take control back
In his view breathing is part of the emotion itself
When fear or anger builds, your breathing changes with it
The good part is you can change the way you breathe on purpose
And when you do, the emotion gets less intense
That stops it from reaching the breaking point
The point where it floods you and your body reacts like it is in danger
That is fight or flight, and it is not where good trades come from
So he says train yourself to breathe when you trade
It will help in the rest of your life too
You cannot control the market
You can control your next breath
Rande's full psychology masterclass is on Chart Academy
chartfanatics retweeted
Trader Kane @traderkane has zero doubt about one thing.
If you can stay in trading long enough, he refuses to believe you won't make it.
He also explains why so many people never get that far.
His number one rule is to stay in the game.
If you stick around long enough, you will figure it out.
Then he describes the people who don't make it.
They come in, blow up their account, try random things until it goes wrong, then leave and call trading a scam.
In Kane's view, that is what gives trading a bad name.
He adds one more warning.
Don't compare yourself to other traders.
That only makes an already hard road even harder.
So stay out of that group.
Keep learning and stay in the game.
Kane says if you do that, you will make it.
Surviving is the first skill in trading.
Everything else comes after it.
Watch Kane's full episode below.





