Prop Diaries EP7 – Reinventing Yourself
I haven’t written a blog in a while, so this will be a long overdue explanation of what’s been going on within the prop firm. A lot has changed; for example: I have another trader who seems to be doing…
Fat Cat
Sim Trading vs Live Trading – Emotions Aren’t the Same
I’ve been trading futures for 8+ years at this point. I spent a lot of time building my own community and reading what others say in different communities. At some point I realized people say the same things with no…
Prop Diaries EP6 – VIX 50
I’ve been spending a lot of time in the sub reddit r/Daytrading, and I saw a lot of guys getting murdered in the elevated VIX. I talked a lot about high volatility in this blog post. Chronik, my prop trader…
Navigating Market Volatility
Are you struggling with volatility in the markets? Here’s my post on understanding what it is and what to do about it. I often hear traders complain about – every environment as if they’re Goldilocks and the Three Bears. “iT’s…
Prop Diaries EP5 – Solid Footing
We’re going to look at the Trade Craft Trading Journal, and see the progress of a prop trader. This is an ongoing saga of the development of a trader trying to find consistency. If you want to check out the…
Prop Diaries EP4 – Team Trading
All I can say is, if you’re struggling in trading – chances are you need accountability. Accountability comes in many forms; and it could be as simple as reporting to another trader end of day. It could be trading with…
Prop Diaries EP3 – Choppy Waters
You’re about to read the most in depth post on what really happens inside of a prop firm. Not any prop firm. But a prop firm being built from the ground up. This is probably the first documentation on this…
Prop Diaries EP2 – Being Thrown in the Deep End
There’s no material out there on coaching other traders to consistency. Consistency in itself is this elusive beast that seems almost like a fantasy to those who don’t have the fortune of tasting it. Once you taste it, it becomes…
Prop Diaries EP1 – We Started A Prop Firm
Some of you may or may not know, but I’ve started a prop firm. Not an “online prop firm” which most aren’t even prop because there is nothing proprietary you get. My idea of proprietary is getting access to something…
Why Do Most Traders Fail?
Is it not sticking to a strategy? Is it psychology? These are two things you see a lot being thrown around in the echo chamber of the trading sphere. But the problem is, these theories are not statistically backed up.…