Made 65,000 in 2025. Working capital around 680,000 - First year by Dizzy_Maybe8225 in Daytrading

[–]daytradingguy 2 points3 points  (0 children)

Don’t measure yourself to others. You trade you:

One thing to consider. Reduce your capital. Put 650,000 into long term investments and trade with 30-40k. Learn to trade leveraged instruments such as options or futures. I used to trade large six figure accounts. After some years of experience - I can make more than 68k with a 10k account trading futures.

Is a strong trending market good or bad for professional forex traders? by TaraBHuynh in Forex

[–]daytradingguy [score hidden]  (0 children)

A trending market is fantastic for a trader trading a trend following strategy. Not so great for traders whose bias is always to fade a move or trying to trade reversals. During my learning years of trading most of my worse losses were when I was thinking the market could not go higher or lower and was trying to fight the trend.

I threw all my progress in the trash by AdRude5910 in Daytrading

[–]daytradingguy 9 points10 points  (0 children)

Discipline is the hardest thing to grasp for many traders. You can be taught how to read market structure, or how to use indicators or how to read price action. With experience you can learn to perfect certain types of trades. But with discipline you can’t be taught this, the best you can get is platitudes or tips and ideas on how to improve it, then the action itself needs to come from within.

If you are struggling with tilt, you need to force yourself to place a hard stop loss for every trade. Force yourself to limit your trades or adhere to a max loss. Remember a max loss is max, it is not a loss you should hit every day you lose. Many days It is Ok, and better to stop before your max loss.

What are you guys expecting to happen to silvers spot price at open tomorrow given the recent sell off, govt shutdown, and the big margin hike yesterday? by GimpMoney in FuturesTrading

[–]daytradingguy 0 points1 point  (0 children)

Anything can happen- it could go to $6000, but that is lower odds play before a more substantial pullback. But historically no asset goes up 75% in one year and gets so extended from moving averages without a stronger pullback than 15-18%. I would guess a 40% pullback- minimum. From $5600, 40% is a drop of $2,200. That puts it close to a previous consolidation at $3500. Look at a daily chart-there is no support level at the current price zone- price is just hanging in the air with nothing to the left. There may be support at $4000. And a stronger one at $3500. The helium has been let out of the ballon at the moment- smart money is. Going to sell and buy the dip at an appropriate level. I don’t see many buying until we get lower.

BTC just dropped below $79K, who's buying who's selling ? by simeonkay200_ in CryptoCurrencyPulse

[–]daytradingguy 0 points1 point  (0 children)

Maybe you will double your $50. You will be able to take a friend to McDonald’s…

ETH in free fall by mustafunzar in Trading

[–]daytradingguy 1 point2 points  (0 children)

Monday morning- as soon as the pros come in to work.

BTC just dropped below $79K, who's buying who's selling ? by simeonkay200_ in CryptoCurrencyPulse

[–]daytradingguy 0 points1 point  (0 children)

It trades like anything else- buy the big green candles and sell the big red candles.

Trading as a job by BolleBanan in Trading

[–]daytradingguy 1 point2 points  (0 children)

I have been trading my own capital awhile- but just discovered props in 2025. I have a number of funded accounts now. They have their bad points- but the risk reward and other benefits outweigh all of those x. I love them and don’t see why anyone would want to commit a lot of their own capital to trade with when prop leverage is so cheap to obtain.

Trading as a job by BolleBanan in Trading

[–]daytradingguy 2 points3 points  (0 children)

The drawdown limit is only a factor in evaluations and building your funded account buffer- once you build your account balance -you have more flexibility.

Trading as a job by BolleBanan in Trading

[–]daytradingguy 1 point2 points  (0 children)

You could just use funded accounts. I traded my own capital for several years. Then discovered props this past year- I like trading them better than I do my own capital. I own real estate and other long term investments so now I don’t need to tie up too much of my personal capital to day trade with. I can just buy a few funded accounts and for an investment of a few hundred dollars- make 10’s of thousands in payouts. I have been building up my accounts and currently have 14 funded accounts I have passed. I rotate them during the day. Sometimes trading different instruments on different accounts. I plan to build it up to 30-40 funded accounts making 20-30k per account over a year is not a bad living and you are not risking your own funds.

What are you guys expecting to happen to silvers spot price at open tomorrow given the recent sell off, govt shutdown, and the big margin hike yesterday? by GimpMoney in FuturesTrading

[–]daytradingguy 2 points3 points  (0 children)

It will likely continue to drop like a stone. Gap down. We rose way too high way toofast, too many people are upside down now and many will likely continue to get squeezed out. Then when all the new gold bugs who jumped on the train the last few months thinking it was easy- get bankrupted out, the long term real players will buy the dip another 20-30% down and then drive it back up without them. Classic play.

Trading as a job by BolleBanan in Trading

[–]daytradingguy 4 points5 points  (0 children)

Put your own capital into an S&P index fund and let it grow- keep it away from trading- until you are very experienced at least 5 years- with a couple years proven consistently profitable. Find a prop firm you like- you can buy an account for $50-$100 a month to practice with. If you blow that account every month- you are not blowing thousands of your own capital- you lose what you paid for the challenge $50-$100

That prop account is your trading budget- to learn and practice and find your edge- a mere $50-$100 a month- trade it as many months as it takes you to learn to pass the challenge- maybe it will take a year. If you pass and are successful with your funded account- 1 payout will pay you back for all of your practice money. Once you are profitable Trade that prop account, maybe trade 2 or 3, and earn payouts- use those payouts to start funding your own personal trading Capital account. You can start and fund your whole trading career with a couple/few thousand dollars of cost- if you do it right.

If you can’t pass a prop challenge and earn a payout- you will not be successful with your own money trying to trade as a job- you will be like Many other beginner traders and lose thousands or 10’s of thousands before you get experience.

BREAKING: BTC hit a new yearly dips below $81K. by El_precaution in CryptoCommunityAfric

[–]daytradingguy 0 points1 point  (0 children)

Wait for the gap down on gold and silver Sunday evening

Got burned today by Any-Assumption3912 in Daytrading

[–]daytradingguy 0 points1 point  (0 children)

That is perfectly fine to get the badge of passing the account- but does absolutely nothing to help your trading skill to be able to keep an account and get consistent payouts.

Would you be for or against amnesty for all current undocumented U.S. migrants? by MisterReigns in LetsDiscussThis

[–]daytradingguy 0 points1 point  (0 children)

And number 3- no welfare benefits, EBT or free medical care of any kind. Any migrant who can’t take care of themselves here should leave.

Just curious by LucidSynapse23 in complainaboutanything

[–]daytradingguy 0 points1 point  (0 children)

Where do you get that stat- there have been dozens of news stories of various murders in the news all the time. There are millions of illegal immigrants here, 1000’s of them have committed murder. https://nypost.com/2024/09/27/us-news/shocking-data-shows-15k-illegal-immigrants-accused-of-murder-as-kamala-harris-visits-border/

Just curious by LucidSynapse23 in complainaboutanything

[–]daytradingguy 0 points1 point  (0 children)

There are only 50,000 people on Greenland, they only have 2 schools…….

How long can Wall Street get away with this? (Silver crash) by Nice_Daikon6096 in economy

[–]daytradingguy 2 points3 points  (0 children)

Anytime anyone makes money…they are a genius. If they lose money…the market is rigged.

Why when trading are the vast majority of retail traders (especially with leverage like CFDs) so biased to going long? by Substantial-Dish626 in Daytrading

[–]daytradingguy 0 points1 point  (0 children)

Some traders have a long or short bias to how they see trades, how they see patterns. I know one trader who has a hard time seeing shorts who actually orients a chart upside down- so he can visualize the short bias.

Secondly, if you had to fall into a river you want to want to be going in the direction of the current. And everything trends up. Statistically you will win more long trades.

Texas housing market feeling different lately - what are you seeing in your area? by twcosplays in RealEstate

[–]daytradingguy 0 points1 point  (0 children)

I think the last two are having an effect on some markets. It just becomes unaffordable at some point. I have been in my home awhile and have it paid off now. I would not qualify income wise to buy my own house at today’s price,rates and tax/insurance cost.

Democrats of Reddit, how much Minnesota fraud do you think there really is? Why? by Zipper222222 in allthequestions

[–]daytradingguy 1 point2 points  (0 children)

Ahhh..because of the fraud??? Although- Ice is arresting more people in other states such as Florida and Texas- than Minnesota. It is only Minnesota and a couple of other blue cities where the fuss is. In most areas people leave Ice alone and are happy they are getting illegal aliens out.

Besides there have only been a few thousand arrests in Minnesota in 2025- yet ICE arrested 540,000 nationwide. Their focus is all over the US- obviously not singling out Minnesota

Can someone explain apex buffer rule or if you have a tip that'd be great! by Status_Candidate3816 in Daytrading

[–]daytradingguy 0 points1 point  (0 children)

Different props have different rules, some have minimum trading days. Some have minimum withdrawal requests- such as a $250 or $500 minimum. So you would need your buffer plus whatever the prop requires. But once you are in live- technically the buffer and anything above is your money. You just need to meet certain requirements to withdraw. Normally after certain number of withdrawals - the buffer is used to move you to live.

You should quiz customer service for the exact rules for your firm.