4-Figure Funded Trader 📊 Author of One Trade Per Day 📖 Guiding you to pass your prop firm challenge and secure multiple payouts. Join our free community! 👇
Earth
Joined May 2023
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Trader to trader, please listen.
I understand that you need that particular trade to hit your take profit (TP) in order to pass your evaluation phase, recover from drawdown, or request a payout.
But listen up, the market is not human like us.
It has no emotions, it cannot consider your needs, and it will not move in your favor because of them.
It simply delivers results, profits and losses, without bias.
So you must do everything you can to reduce the odds of being wrong by waiting patiently for your setup, sticking to one system, and managing your risk.
Because at the end of the day, your trade is forever exposed to only two outcomes, profit or loss, regardless of what you need.
Understand this...
Trader to trader, if you are still struggling with revenge trading, you need to know that this is just a powerful urge to win back money you just lost.
When you lose, you get angry and rush into a new trade without a plan.
Doing this instantly increases your chances of losing again.
To break this bad cycle, force yourself to take only one trade per day.
Lastly put only the exact amount of money you want to risk for that single trade into your account.
If you want to trade again immediately after a loss, you won't have the funds available in your trading account at that particular moment, forcing you to slow down and calm your brain.
Understand this...
I always underrated propfirms until early this year, when I tested my trading edge on a Naira propfirm.
At the time, I bought the minimum ₦200k account for just ₦8k.
I passed the two step evaluation and got funded.
To cut a long story short, I made a total of ₦90k from that ₦8k account, which is more than a 10R return on investment.
That instantly triggered a mindset shift regarding how crucial leverage is in trading.
Since then, I’ve been leveraging propfirms, getting funded, and receiving multiple payouts from both USD and Naira platforms.
Now, imagine trying to flip ₦8k to ₦90k on a personal live account, you can only imagine the psychological pressure.
My advice to all traders out there is simple:
if you don’t have enough capital, leverage propfirms. It will help you a lot fr...
