Casper SMC: How To Trade Prop Firms The Right Way | WOR Podcast EP.96

I didn't even know where the prop from was until 2022 when I heard about it I was like there's no way this is legit like a lot of people I think that to start trading now props are right at their disposal but like a lot of people come in trading and they just want to watch Go videos they say okay all I got to do is pass this prop from test it's only a couple hundred bucks and then they think they're set they think their Like whole life's just going to change overnight and then they

just fall down that rabbit [Music] hole welcome everyone to the words of wisdom podcast we're back once again we're here in New York and we're here with a very special guest I've been waiting to do this podcast for about half a year about half a year we got to sit down in Miami at the FX Summit for about 1015 minutes and ever since we've Been trying to get a full length episode in and thankfully he's flown all the way to New York to just film this episode with us today and we are joined by none

other than Casper SMC Casper I know Casper is not your name yeah um but it's Jesse right yeah Jesse yeah it's a pleasure to have you here man yeah man a pleasure having me on I've been looking forward to like you said it's been like since Miami so we've been trying to to navigate some I know You're Road running around the globe consistently so finally we made it work so I'm excited man that's I feel like you're going into your travel Arc now yeah yeah I'm definitely starting to to start hitting the road a little

bit more um and get out of my element start because you know start recording more content on the road stuff like that and it's it's fun too like I think that it's it's always good to kind of get a change of scenery like I noticed myself if I Don't travel at all I kind of get like in like a little bit of like a funk almost you know when you travel I feel like it kind of just like motivates you a little bit puts you out of your element there there's downside to it too like

like we were talking about like the the kind of the transition from like the office back to the you know the the hotel it's like it's harder to get in the swing of things especially with trading but yeah I'm enjoying it though I'm enjoying it yeah I know 100% and uh you know I've been traveling too much you know too much I was just telling you just before we started that because of all the travel I was a scalper start of the year I was scalping I've been scalping for two three years right and uh

this year because of all the travel I had to adapt and I think I I went through a little process where I kept convincing myself it's a short-term thing all the traveling it's just I'm Only traveling for this month or these next couple months everything will turn down but it just so happened every time it would get towards the end of that period be something else something else something else so I kind of just accepted a month ago to start swing trading and uh it's been quite good you know it's been quite good it's more

manageable anyway it's too soon to tell but the funny thing is I used to be a swing Trader when I started um so I've Gone through these transitions and had to sort of battle the the differences in like holding Etc and that's what we're going to go straight into really with the Pod is straight into your trading that's why people are here right yeah and you've had an incredible year not only in your trading uh but also just generally with everything that you've been putting out as well you've essentially me and youve I know me

and you have been like literally neck and Neck all year it's been absolutely incredible and um you the journey is is unreal no doubt I know we got to touch on a little bit uh in Miami we talked about obviously your sales background and and sort of the professional growth the mindset growth that you've had as well and let's we didn't get to Touch Too Much on trading so in terms of trading like why did you become a Trader in the first place what was the motivation so honestly I got into Trading almost on accident

kind of being a complete Degen right like I had some friends who were really into crypto back in like 2016 before I mean people knew what crypto was but um like I'd heard of Bitcoin back at that time it wasn't even like buying Bitcoin wasn't even the same like there was stuff called local Bitcoin I mean coinbase was also a thing but it was a little bit different you know more underground and um some people I respected told me to get into crypto I Got in and then then it rocketed right so of course you

know I think like oh I've cracked the code I'm GNA be a Trader you know now I'm Jordan Bell for you know what I mean like I'm just like this is so easy because I I made a killing but the problem was well I thought I had made a killing because I you know I didn't know the number one rule in in any trading which is you know it's still unrealized until you take profits right so I didn't take profits Of the top took it on the way down still did really well but that's what

got me into trading and I started to do what I thought was trading but it was more or less just complete gambling you I had no risk management I had watched YouTube videos like I thought that I was educating myself you know I was watching like these super cliche channels that are they'll just you know like trading two on two stuff like that where it just teaches you like every oh you want to Learn this strategy here's a 10-minute video on it and I was watching everything from like support and resistance Elliot wave harmonics um

trying to to learn to trade and you know make money like I had made money because I didn't really realize I just had got lucky right so I got I had to learn the hard way over couple years off and on and I wasn't really doing it full-time um but up until 2020 I really wasn't doing it right you know what I mean I Wasn't taking it professionally I was it was almost more like a side hobby hustle like I'm gambling like to make some it's like I was sports betting almost right um but then

in 2020 uh whenever everybody was starting to trade I had this Discord that kept popping up on my Snapchat like people were doing promos to it and um it was a play bit Discord which now I'm a partner in funny enough but I started off in that Discord um in 2020 it was funny I was looking back at The old message that I had sent and it was like something super just rookie it said like hey what's up guys can't wait to make bunch of profits with everyone or something like you know just the Classic

Chad guy coming into the chat but um ended up getting uh really taking it really serious and I discovered ICT and um I transferred from Trading like harmonics into kind of harmonics with ICT and that was when I started to see I was using like a order block So for Anybody who trades harmonics or understands them they all have like a d Point completion like you know what I'm talking there's like the crab like The M patterns so basically what I was doing was if I would find like a pattern like a bat or a

crab that was going like it was It was supposed to form right and then there was an order Block near it it would work and that was when I finally was like oh now I'm starting to realize what an edge is now I'm not just looking At the chart pushing a button because I have a feeling that it's going to go up you know what I mean so that was when I started to see some consistency still wasn't managing my risk um properly um but I was starting to make money right I was definitely boom

and bus though like I would go you know these big spree of making a lot of money and it was all crypto too another thing okay all was all crypto I was trading like binance futures um there wasn't any kind of like Metatrader exposure really even at that point I wouldn't even known how to use it um so whenever I was trading uh like that I started to finally get an edge but then I started to really like dive into ICT because I looked at it like okay well I was trading harmonics for a long

time and they didn't really work that consistently then I started add ICT and I started making money so I'm like okay there's something you know and it wasn't even really ICT it was like order BLX because I think that's what a lot of people get into you know supply and demand yeah you know I mean that's kind of like the the way a lot of people got introduced to ICT but once I started really diving into the 2016 content like I got my hands on a mega folder that had like all of you know what

I mean the I still have it actually but um I had all of the the you know the whole mentorship all of the the what's it you want to call him streams I guess like his Commentaries and stuff like that um but I just started watching like all of it like I remember the girl that I'm with now um she would I would literally had just met her and I would be like we'd be hanging out I'd be on like iPad watching like ICT just that was who is this crazy crazy guy that you listen

to yeah no literally she was like what why are you always watching this like you know because he's always you know ICT is Talking about some she's like what are he talking about but I I stuck with it and that's when I started really starting to make money right because I was like okay this has logic behind it this has I have a way to actually reason with what I'm doing and why I'm doing it and then I started to see the value in building a narrative because without that you don't really have any conviction

in like your entry model that's what a lot of people in ICT are Missing is they see like the ICT 2022 they watch four or five episodes say okay every time a Low's taken I look for a One Minute Market structure shift and they wonder why sometimes it works and sometimes it doesn't you know but I whenever before the 2022 mentorship I think that the way you learned ICT was a bit different I think it was more focused on you know the higher time frames and like understanding like which way the weekly or daily candle

is likely To expand so I came into ICT like that was uh doing I was doing a lot of like 15 minute entries one hour entries I wasn't really like scalping in crypto um and then as prop firms you know I didn't even know what a prop firm was until 2022 had no idea I'd heard of ftmo but I didn't understand what they were doing yeah right when I heard about it I was like there's no way there legit you know what I mean and the way I heard about it was other people in the

Discord were Using them and like making money so I said okay well I mean you have this guy I know he's not lying is showing he's made money so I'm like all you got to do is you know get 10% it it was back before every like the the rush you know because this was like I guess it was like the beginning of the rush because it was like mid 2022 MH and I came into this like I was already pretty profitable and had scaled personal accounts so whenever I came in a trading Prop I

think I was in a better space B to trade prop then a lot of people like like a lot of people I think that start trading now and like props are right at their disposal yeah that's like I mean it's a good thing in the sense that there's an opportunity there so be it that you responsibly responsibly take the opportunity yeah but like a lot of people come in trading and they just want to watch Co videos they say okay all I got to do is pass this prop from Test it's only a couple hundred

bucks um you know and then and then then they think they're set they think they're like whole life's just going to change overnight and then they fall down that rabbit hole but anyways going back to I got a little off track there but that was whenever um I started to trade indices and Forex a little bit more I started dabbling in both but then I started to trade indices primarily more because the time for me like that's I'm On New York time so having that very tight window um really I'm usually only looking from like

9 to 10:30ish back then it was a little longer like 9 to noon what time zone do you like predominantly stay in uh New York you're in New York time yeah yeah in Tennessee Tennessee is Central there is Central Time in Tennessee but I'm in the Eastern side of Tennessee okay so I'm in Eastern time so yeah so then the indic decision was basically because of the timing Because obviously with the Forex side you have the London session and the Frankfurt session side of things which is where you're like if you want to trade that

this point 2 am 3 AM yeah yeah I used to live in California and I used to trade crypto yeah well I used to trade crypto during that time because um whenever you're trading in California you just stay up a little bit you know what I mean um but I would trade uh crypto during that time but I didn't Even realize that was like the London session back then I literally would just watch the markets it was before ICT or not before ICT before I discovered ICT or like sessions I'd be like dang like Market's

really starting moving right around like 2: am Eastern like 11:00 p.m. at night you know what I mean because Cali it's it's like you know it's like 11 o'clock at night 10 to 11 it starts moving so it was kind of cool for me it's kind of like the people who Live in Dubai yeah it's like the same kind of schedule like I know there is like 8 to n but um it was like you could have your whole day and then just like trade at night but almost I feel like it leads to degeneracy

doing like that it's like you're like up late like I don't know you've had your whole day bit fatigued it's like let's go focused yeah let's go let's get this done let's trade you know I don't know I was it was like I was like uh you know back then I I Wasn't as focused either so I feel like I was wasn't you know how did you focus because I know that's a big thing in terms of your journey is like you really leveled up your professionalism your sort of mindset your focus on getting the

work done what was it that made that shift for you yeah thank you for Stu but really man I think it's just you know I've always wanted to to to excel right whether it was like sports when I was growing up um my dad Was like super super like military style like you know like if I wasn't doing the best he would be like you know you need to pick your [ __ ] up you need to get your [ __ ] together there's no like softness no uh you know no patience with that yeah

so like I think that that help like I used to hate that [ __ ] when I was a kid but now looking back I'm so thank for that because that's how like my internal dialogue is like it's like who the [ __ ] who do you think you are you Want all this nice stuff but you can't you know do very simple things that any other human can do because at the end of the day like discipline is just a choice it's not like you're born or with discipline or not born with it or

like in you're incapable to do it right and that's the thing I tell a lot of people is just the consistency um and just finding that motivation I think like to answer the question I think it's really just um I knew what what I wanted I saw A really good opportunity and I was like look like imagine how other people would kill for this opportunity yeah you know a lot of people look at it like they have all this work oh I have to do all this stuff or I got to do this oh I

don't want to do it it's more like no like you get to do all that that's the way I look at it you know what I mean so it's almost like I'll be like appalled with myself if I'm not going hard and I don't feel right either like even like With the holidays like I I understand there's balance right like I know whenever like a lot of people watching see my my tweets or see stuff and people think that like this guy's crazy like he's just always this and that like I get it there needs

to be balance right but not as much balance as most people that people will say balance is like oh I'll work four hours a day and then just mess up the rest and oh and then take the whole week and off like that's not Bad that's unbalanced the other way but you know even after the holidays like I kind of feel like I'm like H I got so much stuff I got to get back to I know you you probably the same same thing any kind of time you're taking any Leisure Time you know it's

almost like you're like want to get back but but I think a lot of it too um is that I love what I do I was going to say that yeah you know what I'm saying like and that I I forget that sometimes that like I understand That like you know I preach all the stuff about hard work discipline all that but I do I also you know understand that that it's a lot easier to to kind of walk the talk of that if you're doing something you love y and I'm very grateful that I'm

blessed enough to do something that I have this opportunity because if You' have told me like uh before I was trading you know like throughout the time where I was like not really doing the greatest of trading I Was I ran a trucking company I think we talked about that a little bit and dud that's a terrible terrible business to run I mean it's a great I mean if you look at just numbers it can be a great business but it's very stressful um you deal with a lot of like not so great people it's

all kind of like hustle and bustle and I mean this this is a good hustle and bustle but looking back like if you would have told me then that I'd be doing this now oh my God I'd be like I wouldn't believe you you know because this is so much more fulfilling you know I'm actually able to make an impact um and I love what I do and then I you know when you when it's like that I work a 14 hour day and feel like that's just a day like oh it's 10:00 I got

to get sleep so I can get up and it tomorrow [ __ ] let's go to sleep you know what I mean 100% no 100% I think it's so powerful and it's so important to realize that because I think a lot of people they have things They're passionate about and I think a lot of people don't know what they're passionate about yeah um but they also don't try they don't help themselves I know family members of mine and friends of mine who are in that exact position they want to do something different to what they're

doing in terms of their job um but they don't allow them themselves the time to experiment they think they need to know does that make sense like they need to know it's this thing but For me like I you know before I became across trading I tried having a liquor store like a shop I tried like maybe going to like restaurants and owning restaurants I had tried doing like club nights when I was younger I used to sell uh fake DVDs on eBay for example you know like I've tried all these different hustles you know

um with the mindset of being an entrepreneur and doing something different and I think a lot of people have a mindset and it's not about I know there's always an argument of like entrepreneurship like not everyone should be an entrepreneur and I get that that's is true um but I think let's say for example let's say putting entrepreneurship aside let's say someone had a a passion for animals right they don't have to be an entrepreneur to do that they could work in a zoo they could work in a safari park they could become a vet

right they don't have to own the vet right but like if someone has that Sort of passion whether let's say one person individual they like animals they like surfing they like um football right if you do trial and error in each of those you know not not thinking that you have to pick one of them right and I think that's the error that people make is that they feel like they have to when we talk about passion it means that you're only passionate about one thing and that's the one thing you're going to do and

therefore they hold themselves Back from trying because they think but I like I don't know if it's that I like it but I don't know if it's that and I was speaking to someone recently where he said I asked him I said look what's um he's young kid and and his mom asked me to like sort to speak to him and just to you know give him some advice Etc and I said to him what is is that you enjoying he said fashion I said that's it then go make content on fashion go get into

that industry go get a job in Fashion then he was like as the time went on that was his initial reaction like his instant one as time went on though he was like ah you know I think I like Watchers I was like that's fine that's kind of in regards to Fashion but just go do it don't don't worry about it don't think oh which one and and all this just go do it and was that similar to yourself like in terms of it was I'm guessing it wasn't just like trading done as you've already

mentioned like You had trading kind of more like a side thing but before trading you had the trucking business business were there things before that as well where you trial and error and found your way to where you are the skilled challenge is finally here enjoy the lowest profit Targets in the industry through our skilled challenge which is only requiring a 6% profit Target Yes you heard that right not only that but enjoy 85% profit split as well as a 125% challengefree refund all part of the best product on the the market you get to

choose your draw down between 8 or 10% through our toggo option so you choose how much draw down you would like take advantage of the skill challenge today yeah no for sure so I um also was like a solar lead Setter like a door knocker door to door and I ended up becoming a closer for them right I think we talked a little bit about that the last last one but then I ended up Breaking off from that company because I looked I started to realize because I just have I've always like you like kind

of like you're saying I've always just had the entrepreneur identity like every time I like when I started that job I knew I was like this is not what I'm trying to do I look at it as like okay I can get my foot in the door I can learn a valuable skill maybe climb the company maybe not but I learned some at the end of the day right just like you said just Go out and do stuff right but um I ended up like starting to just kind of like look into the numbers I

was like the youngest guy that was selling right because it was in North Carolina um kind of like a more country area and it was like a politics thing like it was like the old dudes like they didn't want me to sell they're like what is this young idiot doing here you know what I mean but I started doing really well so then they um like I wasn't the sales manager But I would run like the sales meetings and stuff like that and then do Mo you know what's funny actually um they they had like

a poster of Like the Wolf of Wall Street on the wall yeah yeah that was kind of like not me the sales manager he was older dude he I mean not that uh you know out there with it but it kind of that Vibe but um but no I would basically just do like you know we just review like you know kind of like go to little exercises like oh Like you know um random like little like mental exercis something like that but then I started to look at the numbers and talk to other people

that were working for other companies and other companies were selling at like a rate 30% lower than ours was wow so I realized I was like and I mean obviously these other the other companies were bigger than the company I was working for probably because that right probably because they're doing good business and This company was more into margins they didn't see like the big picture and I talked to the sales manager about it and he was like uh I kind of just was like trying to put a feeler out to see like yo like

why don't we like start our own thing because it's not that hard like the way solar business works is like you have a like you'll be the sales team is usually like it seems like it's all the same company but it's like actually multiple companies operating under a Brand so they're might the Big Brand but then anybody who has a sales team can approach that brand and like okay you know what I mean like kind of white label it almost yeah so that's kind of um what we ended up doing we ended up I I

I was like you know we should do our thing he's like yeah I mean I've been W to do that for a while so did that um started our own little team like we had a couple guys other guys and we were selling to ourselves it was like real Real bootstrap real Grassroots um and it did very well until the grants in North Carolina for solar started dropping yeah so then I started to slowly kind of like get out of that business because it just was way harder selling solar is not an easy thing you

don't need to sell what's the mindset though so like you've been through that process right you did the trucking process and no doubt when you started them though you didn't have like a short-term mindset no doubt like you Might have realized okay this is Maybe is what something I want to do forever I want to do this well and I want to make good money from this so therefore I can go do the other things I want to do for example but then you get start and it does well but it doesn't go where you

wanted it to go for whatever reason what is the mindset to be able to move on from that without getting stuck so like with trading for example someone gets denied a payout or they lose a challenge Or they had a big CH like a payout ready and then they lose it for whatever reason or mff situation for example yeah they finally got their first payout and it closes down you it's the same mindset really of like okay you've had this unfortunate thing that maybe is outside your circumstance how do you continue to move forward without

you know letting that sort of just hold you back and be awake because a lot of people do that they Allow these things and these situations to hold them down so how did you do that honest that's a great question and I think a lot of people from can benefit from a perspective shift from I think the reason that a lot of people get down about that is because they want the benefits of Entrepreneurship because that's what really when you're trading it's a form of Entrepreneurship you're running your own business yes it's different than you

know having a team or Whatever but at the end of the day like people want the benefits of Entrepreneurship but they don't want the hardships that come with it they and then their goal instead of becoming a good entrepreneur who could weather any storm their goal is just the outcome like they don't set the goal to be the identity of a good business person right if you do that then any loss um any kind of uh you know setback any kind of adverse you know adversity obstacle Whatever like it looks like to you the end

of the world m because it's it's against your goal of you know making a bunch of money whatever you know but if you set a goal just to be a good entrepreneur like what is a good entrepreneur do in that situation you're not as uh as Jarred by all these little obstacles you look at it like this is an this is an opportunity to become better at what I'm doing yeah because like I look at it like every day like you know There'll be a fire to put out somewhere most of the time whether it's

small or big and I used to like uh freak out about those and it's just the same way like people take a loss like every week you're going to have a losing day most of the time not all the time but you know every year you're going to have a losing week right maybe losing month you might lose your account you know some of the best Traders lose their accounts but everybody doesn't look at all that they They want to ignore that and let those setbacks kind of get to them but the way that I

look at it is like you have to have that Hustler mentality and understand like there is not anything that's guaranteed right and that's kind of the game you play um if you want to get high stakes like you want to get you know uh make make a bunch of money you want to have that high potential you're gonna have to have the risk to fall in your face and and it's going to happen Right like like you said you tried multiple different hustles before you got to where you're at now I tried multiple different hustles

and and funny enough looking back like when I was doing the solar thing at one time I thought this is it I made it I figured it out this is I'm I'm picturing this Enterprise didn't work out um you of course I'm not saying you're not going to be upset about it you know what I mean you're gonna have you're a human Right you're GNA be like man like you know you're frustrated but like you also got to zoom out and understand again like the entrepreneur mindset is is an identity it's not uh the outcome

it's like trading right like it's like being if you set your goal to be a good Trader rather than to just make money when you take losses you know you can still your your brain's not going to start triggering that fight or flight it's interesting you mentioned that because I Did a podcast with a guy called twist that just dropped last week yeah yeah yeah last week yeah I have I have to remember I filmed it a couple months ago but it came out last week but he mentioned something on there which is like don't

focus on the outcome focus on the per or don't focus on the results sorry focus on the performance and there was some people trying to debate in the comments like no like it doesn't matter about your performance because if your Results terrible doesn't matter what are your thoughts because it's kind of similar to what you just mentioned there is like rather than focusing on the outcome or the result of it like the profit or loss focus on you know being a good Trader which is essentially is the performance um so you what is your thoughts

on that no I agree with him I didn't see the whole pod but I saw short and I think that if anybody is like combating that I think either they Misunderstood it or they just have a weird perspective and everybody's right has their own opinion but I think it's kind of common sense as a Trader like especially for a learning Trader um and I think that's kind of like more what he was like from that was the vi he was like saying you know if you're learning like your goal should be to be a good

Trader right because again it's literally like it's psychology if your goal is to win trades or your goal is to Learn analysis and just call every move in the market whenever that doesn't happen like when you get punch in the face it's going to hurt a lot more because your brain is looking at it as a threat to your goal but you know as if your goal is oh my goal is just to be a good Trader and follow my system I know that I have an edge as long as I have the composure to

execute on it um your goal is just to maintain that right because trust me like yes there was at The end of the day we're here to make money okay I'm not saying this is just only focus on like oh you know a for effort but when you're learning like trust me you're G to have to get that down before you're going to be able to make a lot of money y you know what I mean so um I wholeheartedly agree with that you know you got to just focus on and even now dude it's

just I think a lot of it too um whenever you're learning whenever you're newer to Training and I know this is how it is for me like you have all these different little aha moments like it might be from you doing something it might be from a trading day it might be from watching an educational video and somebody just says something that was probably already obvious to you but they just put it into A New Perspective where you're like ah okay that that happens to me or okay he's talking I I'm vibing with this you

know and you know you have enough of Those over time where you where you start to really I don't know how to put it like you basically start to embody being a better Trader and like you you know for me the big perspective shift with my psychology like that was to start looking at it as my goal isn't necessarily even to come here and make money or to come and win trades or to you know that's that's why I don't believe in profit goals I think that's Like like oh my profit goal for this month

is 10K I'm like you should have like a cut off not a goal like you know what I mean like if I hit 10K I'll stop not like oh I'm going to trade till I get 10K because then like if that's your goal instead of just trading well anything against that 10K is a threat and you start getting stressed and and then you go down the same ABAB home most Traders do definitely it's very interesting to say that because one Observation I've always tried to make is you some people when they get into trading because

I always say you need to have a passion for the markets in some degree like you need to really enjoy what the markets represent you want to you want to know about the markets at a deeper level rather than just oh I trade and buy and sell done you know um but some people try to again give their opinion on that saying that you know it doesn't matter like you're here to make Money which is true but kind of similar to what you just said there is if you're passionate only about making money what happens

when you lose money because that's the complete opposite of your passion so what happens to your emotions versus if you are focused on being a Trader and the skill set you understand already straight away that you're going to lose money right and yes you are there because you want to be able to make money but you're doing something You enjoy and you're doing something that you're you mastering a skill set so that once you've mastered that skill so as a byproduct you get money right and and a very good amount of money as well the

way I've always sort of put it in my head is like you will go through the losses in your Learning Journey but then on if you focus properly and you do all the right steps and you get profitable you're then paid back with interest right a delayed you know in the future But everyone's always focused on now as you said like and I think it's very interesting what you said there in terms of not having a propit goal but a cough I think it's interesting as well so far there's like a sense of how you

choose to perceive things or like the internal dialogue is very important so as you mentioned earlier about um you know being disciplined right is that internal dialogue of rather than saying you know I have to do this or I have to do that I Get to do that or I need to do that or I want to do that versus it's like a chore right I think that was very powerful and then even now the internal dialogue of saying rather than saying okay this is my target instead it's just switching it to this is my

cut off I think it's very interesting would you say I've always been a big believer everyone wants to know what the Holy Grail of trading is Right everyone always says what is the Holy Grail people say ICT people say Order blocks people say liquidity people say all sorts but I've always said personally that the Holy Grail of trading is just all the little intricate intricate things that all the little details when put together that's the holy grow so to every individual it's different so someone might have a pitfalls of psychology Etc someone might have a

gaps in knowledge on liquidity or on this on structure um so for every trade it'll be Different but essentially that's my opinion is it's the accumulation of these little things that is then the holy grow what do you think to that no I agree with that I that's a good way to put it like I I would say if I had like g into my head had to pick the Holy Grail of trading I would say it's not giving a [ __ ] honestly like genuinely right like like think about it um I see so

many people too that I can see this others I know it's in myself and this is Also why I don't think people who aren't financially stable should trade right because if you are motivated like that in a sense like it's not even motivated it's like you're uh desperation yeah you're desperate right like trading is not a broke man's game it is not and people are going to be mad about that they're going to say that I'm not I'm trying to talk negatively that's the truth I'm not here to like tell people stuff they want to

hear right so I think That you know not caring and like completely not necessarily detaching from your emotions but becoming aware of them and like being willing to lose like it's the same in business too like you said it goes back to like people are so afraid to try things cu they think it has to work um it's like in trading people almost are like you know they they they want things to work so bad that it's it's like a fear is a self-fulfilling prophecy if you care too Much about something it's like you know

um trying to talk to a girl right it's like the same thing it's like if you're in to smother the girl she's going to run away from you if you're GNA try to smother the markets they're going to run away from you right if you're going to try to force yourself to make money and you just care so deeply about it it's going to you know repel what you want so like that if I had to say you know your answer is probably better because it is I like yours I like your cuz it kind

of embodies that as well cuz uh rather than focusing CU similar thing like a lot of people try and focus on what is the holy gra like they're trying to find this hack trying to find this one thing that's going to make the difference but the reality is like you just don't care about these things you shouldn't care about you know what other people's opinions are what people are arguing about in terms of what's the best style What you know what the best pair is or what the best risk reward is or how which style

of trading is the best you know and I think it you know and again like you said like not caring about the result it's like the way I see it is nothing's absolute right and you can't can't just not care at all because some people just take that and be like okay I shouldn't care I'll just throw money at it right yeah it's all calculated it all has its like positives and negatives I Think everything has its balance and I think trading really reflects like the need for balance because you shouldn't like you know a

lot of people try and say like you have to kill the ego right but I feel like a part of ego is confidence so if you completely kill your ego you're going to lack confidence right and self-belief so there's a balance there like you don't be egotistical where you're overconfident right and you you're too Greedy right and too sure of yourself especially in the markets but then you need to at least have enough ego to believe in yourself to back yourself to be able to and that's going to help you when you have those losing

trades those losing streaks or when you've made a mistake you know um so I think there's always that balance but let's go back quickly in terms of the journey so you had the harmonics you have you came across ICT you started to blend the two That's where you started to see you're in the boom and bus cycle from there what was it that allowed you to then go into the profitability I know you mentioned about building a narrative so how did that look for you at the time the fastest growing podcast in the world in

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the description let's get back to the episode so honestly what it was was okay so I would number one was risk management it it was a multitude of Different things but the biggest one is richk risk management like you want to know how like the way I was sizing my positions before I was literally it didn't matter the stop right like I wasn't even sizing my position based off the stop I would go for a similar stop because swing tra be like a 10% on all coins but I would just put 5% of my entire

account on each trade wow so that's why I was Boo and bust you see really quick why it was like because Then you know you hit and you'd make money thank God what I did too I would actually withdraw a lot of people um that are trading personal like I'll talk to like and you can almost see it on hear it in someone's voice like how many what do what do you withdraw every week they're like withdrawal how do you withdraw no I've had that I've had people be like how do you withdraw off binance

and I'm like I've been seeing this guy trading on Binance for a while you know what I mean but um anyways I basically the biggest shift was really I started to size my position based off stop loss I know that sounds like ridiculous like I traded for that long without doing that yeah um it's a wonder that I didn't completely I mean I did liquidate multiple accounts on the way up but um yeah it was like starting to size up position based off stop loss and really just refining my strategy cuz when I first learned

ICT And this is why like a lot of the stuff that I talk about so like with such conviction like I'll be like this is you're doing this wrong people like oh like you know you don't know that I'm like I'm speaking from from experience I made the mistakes I'm telling people not to make I'm not sitting here saying like I just figured it out and this is how you do it but my biggest thing was like I was trying to use so many different concepts at once like I would have um You know I

was doing harmonics and Order books and I started to learn about um you know kill zones and like the ipto ranges and then I'm starting to learn about the power of three which power three is all you need um I'll throw that out there but I was trying to use so many different things at once to where you know either you see too many trades or you're just paralyzed and then there's no trades and then you just say okay well I haven't had a trade in a While I'm just going to start you know spiraling

pretty much without even realizing and then you look back at the end of the day and you're kind of like what do I do you know what I'm saying like you know like and I know um that feeling too well so whenever I uh whenever I really started to become consistent was when I started saying okay look I got to figure out something to simplify my strategy to where I actually have an edge that I can look Over and I can see a checklist and it's almost like it's like a a sop in a business

right or like policy like you create a policy and then when it's time to make decisions it's based off data and that you're not even making the decision at that point like you're making the decision based off the policy right it's like at my companies like there are certain things that if you do right multiple times you're gone it doesn't matter if you're the best pering Person it doesn't matter because that's kind of the culture you have to run and that's what you have to run with yourself too you know what I mean so whenever

I started to refine my strategy into more actionable steps that are easy to spot on the chart that was when I started to be able to become consistent I started trading less because I would say wow there's what that's another thing people say like you you'll you know they'll go over strategy like how Many trades does this get it doesn't even get many trades a week well I mean do you want to trade a lot or you want to make money you know what I mean but I started to trade a lot less started to

refine how many um pairs I was trading that's another big thing I was Trading like basically I had an altcoin watch list that was just like dude I'm talking every altcoin you can think of I still actually have the it was like over 100 coins wow I mean I was swing trading so You know I would look every week or so I'd kind of flag like I'd use a trading thing and I'd flag like five to 10 of them and I would just have like limit orders set I used to do a lot of like

limit orders like I would just say have like a a level and I would just set a limit on it and just would kind of wait and um once I switched away from doing that and more like Market execution like waiting for liquidity to be taken instead of just trading like the first Tap into his Zone yeah like I would wait for the tap and then the sweep you know what I mean yeah stuff like that it was it was a multitude of different things but the biggest was definitely like starting to manage risk like

a professional not not just become like oh like here's the next the next Sports bet I always look back and compare the way I was trading coming up to like degeneracy yeah just Sports bet I think I think from most of the conversations I've had Like I've obviously spoken to a lot of people on the podcast but even just for my own journey and then people I've interacted with over the years before the Pod as well everyone goes through a very similar journey and if they don't go through that stage they then have this uh

fear of losing so therefore they never make profit anyway so it's there is no winning in that sense like you can't avoid it I think even people who haven't blown an account or at least Lost large amounts even if they haven't blown the account is they then have this issue where they can't uh win because they're too scared to lose because they haven't lost if that makes sense so there isn't a winning you have to go through one of those processes and I think you know we're trading it's it's building that tolerance to losses understanding

why are you losing at that rate how do you avoid them losing at that rate because without you can hear People talk about it but experience is King and that's with everything not even just trading but in life right like I remember people you say to me like you should try not to party when you're young like you work hard and you'll make the most of it and at the time I wasn't even thinking about partying so I was like yeah that's fine I don't have to worry about that few years go by and then

suddenly you're at a certain age where partying seems like the thing to Do um and then you fall into that trap and then only then you connect the bridge you're like ah that guy said this this is probably why right um but you have to experience it to some degreee maybe not that a particular example but just generally um but you mentioned that like in terms of having the policy right and I think it's very good I think in terms of the mindset as well the internal dialogue again going back to that is that you've

set yourself this Set of rules or this procedure that has to be followed in terms of being successful as a Trader but I feel like a lot of people do make their trading plans and they do make these uh policies but they don't stick to them so what allowed you to stick to it honestly man I've that's something like once I had like a set like kind of the way I look at it and this is the same way like this is kind goes back to my dad when I was younger like um really just

drilling Into like okay like do you want to do are you serious about this right like so what what are you here for you're here to trade are you here to make money are you here to are is this going to be your career are you just here for a fun time to like gamble a little bit right and if the answer is you're going to be here for a long time okay well you're operating in a game where over 90% of people lose and you're telling me you think you're going to win and you

can't Even adhere to a a couple rules get out of here you're wasting your time and money you know what I mean um and and it's easy to lose sight of that and I'm not saying like to this day I still make mistake sometimes there's no in my I don't think anybody is just a perfect Trader ever forever I don't believe that um but you have to have that uh that grounding kind of like kind of sit back into to your mindset of like okay like whoa like this isn't aligning with my Goals like is

that are my actions aligning with what I say I want to do CU if not you're just a bullshitter right and that's just in life too and like um I think a lot of it too is like pride in a sense like in like uh the way you hold yourself speak kind of Branch up a little bit that's another thing I think is the Holy Grail I was thinking of this after that was so many people I see in the trading space they have like their mental health is insane like you see on Twitter it's

it's it's crazy like you know I mean like some people literally just sit there like I had people that were in my telegram that will just continuously just like talk [ __ ] to me like you're in my telegram trying to learn but you're gonna sit there and like to it's like you know what I mean people because people are so like kind of toxic minded because they're in an industry they're losing money obviously they're Angry and their mental health out the window like if you don't have that like if you don't have composure like

you don't respect yourself and you don't hold yourself to like a high standard like a high class person like you're probably not GNA be a good Trader I don't know anybody who's successful at trading who isn't what I would consider a high class Elite individual yeah you know what I mean and again that goes back to like tying in what we were Talking about with like you're you know holding yourself accountable to your rule set like I wouldn't respect myself if I couldn't even adhere to like a very simple rule set like oh like if

I take two losses I'm done I risk this much per trade if I take one win I'm done for the day if uh and again you make mistakes sometimes but if you just cons continuously disrespect the game plan that you've set for yourself to achieve what you say you want to do then you Don't really want to do it you just want to tell yourself you're doing something and feel productive and that's why a lot of people are you see people jump from Ecom to FBA to trading to what wholesaling real estate whatever and I

mean we did that I think but you know we found one and we stuck with it but the people who never stick with anything they're not they tell themselves like they don't want to work a job because they're lazy yeah that's what it really Comes down to they see something online they see people flexing cars and and all this stuff that you can get right but that's all they see and they think okay I don't have to work a job I can just learn on YouTube and push buttons and make money and then when it's

not that easy you know they they they don't have any discipline to stick to it and then those people are just kind of like all over the place but really what that comes from is not holding yourself to a High standard and not really being like extremely like you know a lot of people say like no like negative selft talks bad right like I get it to some point it can be like you know David goggin's kind of pretty extreme like I mean all respect goggin's goat but um you have to be like that a

little bit like you can't be on some like little kid [ __ ] like baby yourself you know it's like um you have to have to have that kind of like hard mentality with yourself and Hold yourself accountable like hey what are you doing like get your [ __ ] together but if you don't do that you're never going to be able to adhere to any rules right like whether it's you know a gym routine whether it's a diet whether it's um you know focusing four hours a day to deep work to like whatever you're

trying to achieve you know what I mean um everything you feel like you mentioned it in terms of like the cars for example right and people seeing that Lifestyle and then just assuming okay I can just do that because I I've and I think you mentioned earlier as well like growing up you know your dad didn't you take no [ __ ] you just said like you have to do this if you want this you need to do this and that's OB shaped your mindset and um one correlation I've seen because it's funny you mentioned

about people not wanting to work jobs I met these these two guys um a few years back and they they were like you know jobs Aren't for me I was like what do you mean and he was like yeah I'm not made to work a job said what are you saying I said have you ever had a job he I went I went once for a week it wasn't for me I quit what do you do I just stay at home I'm trying to trade and I feel like when people are too cushioned they're too

comfortable they're too you know whether they've cushioned themselves or they've allowed um or maybe their parents are just looking after them a bit too much a Bit prolonged past when they should um and they lack responsibility I think that's a dangerous place I was in that position you know a large part of my trading Journey half of it almost like three years of it when I was losing money and not making money was because I was too cushion I didn't have much responsibility um I was living at home so I didn't have really any expenses

I was too question I had no responsibility I wasn't I wasn't I was Quite um I had that that that selft talk where it was just like it's fine you know once I increase the responsibility and I increase sort of the focus on okay I need to get after it I need to be able to succeed because I have to I have no other choice like the dialogue changed and the mindset changed and the circumstances changed that's when things started to progress and it wasn't like this I think that's the the mistake People think is

okay if I stick at it long enough one day overnight it's going to change and it's a weird thing to say because like with the podcast as an example it's not been overnight but it's happened in a short period of time right and it can it feels like overnight yeah but then what people don't see and sometimes I forget at times but luckily like thanks to Facebook and Instagram like it shows you your memories if you will right like 10 years ago but this Has been the Journey of everything we mentioned earlier of like like

for you for example it's been the Journey of going through the trucking the sales um you know anything else and the trading not working out right for me it's the same thing like I went through you know the the different business uh things I want to do the trading losses all that to get to this point where the trading's working out and the podcast working out Etc but it's so easy to forget in the Moment and it's so easy in the moment to feel like it happened very quickly when the reality is without all of

the the 10 years or the five years or the six whatever it may be in the tens of thousands or hundreds of thousands lost or the opportunities the the pain the tears whatever without all of that it wouldn't be possible to get to this point and the weirdest thing is though I remember when I was 22 23 the guys in the space who I looked up to at the time Turned out to be no not not very good people in the space But at the time they were around this age like 27 28 and they

were that's when they were starting to really like pick up steam and stuff and I was thinking in my head like maybe that's what it takes like just be disciplined long enough to when you're around that age and then you'll probably start to pick up and that was my me that I remember having that four and now when I think Back I'm like I'm at that age now that they were and now it's happening right but I had to stay consistent during that time and I think that's a it's a very important point that you

made and uh I know you mentioned something earlier which is a little bit sort of going back to what you were saying but you said the power of free is all you need yeah what do you mean by that yeah so like I think everything in ICT is just your way of navigating power 3 like whether you're a Short-term Trader and you're navigating the weekly power three whether you're a day trader and you're navigating the daily whether you are a scalper and you're n navigating the quarter or the session whatever you're navigating it's all the

same thing and that's like one thing people don't understand is like ICT is modular right and it goes from the top down you have to operate in context with the next you know time frames or there's not any one time frame But like we have you know your weekly and daily and you're one hour you're 15 minute and then you're one minute you're five minute that's what I mainly use right and I'll look at the 4 Hour too but not that much but you're able to you know if you can if you understand the power

of three and which way the weekly candle is expanding well you're going to understand that's going to help you build your bias that's going to help you it's going to add a Confluence like Let's say if you are the the week opens right let's say you've got a weekly fair value Gap just below right the Market's consolidating on Monday you're going to know to look if you're bullish in the higher time frames you're you know you're looking for that dip Down Under the weekly open that can give you a bearish bias until that happens right

um You can pair that with then going into the daily candle saying oh okay London took out Asia highs and we started Displacing down in New York I know exactly I'm looking for that low resistance run on liquidity into a fair value guy and then you operate in context of all that right you don't necessarily start looking at every single breaker block or order block or fair value Gap or or every liquidity rate because you understand the context and the framework that you're operating with if you understand the power of three because it's really you

know are You you know you and you also know how to refine when to trade right because we want to trade for me during either manipulation or distribution right if I'm trading manipulation I want to see a big rush on liquidity if I'm trading distribution I want to see a retracement of the move that occurred after the run on liquidity right ideally beyond the weekly open uh definitely be on the weekly open or the session open whatever it is right um like if I'm trading Futures I'm just using uh the morning true session open shout

out today I don't know if you've seen like the cordoy theory but that that actually is just podcast with him next week nice BR that's awesome I um I'm basically uh using that same kind of it's what it is is a a good way to materialize the power of three you know what I'm saying um so I'm using the same exact framework but on uh a session level but if you understand understand that you're able To navigate the market a lot better and you're only going to see one side of it because it's going to

help you have a framework for what your bias is right and that's why everybody says time and price but a lot of people like few people understand what that means right because with power of three it is very time based and the the thing that's nice about that is like price is subjective no matter what it is um to a certain degree time is not it like it's either You know 7:30 a.m. or it's not you know what I mean either we have an opening price and that's the opening price there's not two different people

are not going to look at it differently so I think adding that kind of constant in your strategy can not only help you refine when you trade but it can help you with the way you determine bias which is number one the hardest thing for people like so many people fail to understand the value of ICT like they Look at it like okay Market structure shift fair value gaps and it's like bro that is if it was that easy we would everybody would be billionaires off trading if it was just trading a market structure shift

in the morning and it it is as simple as that when you know where to look for it and you know what days to look for what days not to look for you know what sessions to look for it what sessions to expand what sessions are going to consolidate you know you can Start to build all these different Frameworks if you truly understand the time element of things so that's that's why I say it's really all you need like if you understand the power of three liquidity Market structure shifts and fair value gaps is is

quite literally all you need to make money and of course risk management and all the Nuance but you get what I'm saying from a technical standpoint no incredible and there's one thing you mentioned in terms of time and Price there's a big debate I say big debate there's a debate on Twitter recently or X now I keep forgetting that it's changed yeah that's terrible but um but big debate on on X of people saying like you don't need time just price so what are your thoughts on that I don't think you need time I don't

think anybody needs ICT I don't think you need like you know there's a thousand different ways to make money so I think that it's kind of like silly for people That say like one way is better than the other or this is the only way or ICT said this it's like you got to think and be a little bit more logical and understand that this little like Realm we're all in with ICT it's not like the only realm people are making money you know what I mean like we have multi multi-millionaire options traders that don't

even understand a lick of ICT so it's not you don't need anything that's why I think it's all silly I don't Understand when people argue I mean I get it people you know it's controversy and controversy grabs attention and people you know they're building their their brands I don't hate on it I just I just think that it's on a you know real level if we're sitting here talking about it I think it's silly you know what I mean so you know I I don't see why if something works for you why you need to

prove it to somebody else I mean obviously people are selling stuff Right like I mean I sell a mentorship everybody's selling a mentorship we understand that I'm not hating on it but whenever people kind of try to go outward and say like my way is better than your way in my opinion it's a little bit of a red flag because it's like insecurity in a sense you know what I mean I don't know that's kind of the way that I see it but I think I think it's silly yeah no that's fair enough I I

think like Like you said in terms of controversy it obviously works there's a reason why it keeps popping up and especially within our space as well it happens a lot um but I think also that you know people they get too Associated like obviously ICT for example like he has a lot of people very cult-like mentality um and they're sort of very fixated even though he's not the one doing the arguing most of the time you know it's a lot of his his followers or Traders and um I think People sort of give into that

and I feel like people just don't see yeah we we try and highlight it on the podcast like there's a reason why these controversial things happen it's like the trailers sometimes we have trailers that are very what people call clickbait but in my opinion a trailer is clickbait that's the whole point like a movie trailer is also clickbait it makes you want to go watch it that's the point of it right right um but I try and highlight I don't Try and hide it I don't try and be like no it's not it's this is

just a real it's just a video you know I understand that hey look we've done this to get the people there but I think it's uh also important to be in a try and be balanced in some way you like that's not who you are that's not your persona I feel like there are people out there that's all their that's their thing their thing is just to be Controversial 24/7 that's fair enough like know if that's what you want to do that's cool but I feel like it's um you have to expect you're going to

rob people the wrong way you know and I can't imagine it's a nice way to live daytoday just all this like barrage of of hate or arguments and it's not a way to live I don't think you know I always find it strange you I don't if you ever seen that random post not even trading related where where people are arguing In the comments with strangers I've always found it the funniest thing like how do where do you get the time like how do you have the energy to argue with a stranger in the comments

you know like if I if someone ever puts like some sort of hate or anything like that on on anything that I do I might reply once and that's it I would never reply like over and over and I go back and forth because as soon as it starts to look like that I'm gone I'm finished I'm I'm I'm leaving that conversation yeah um because it doesn't hold anything like it's just it's it's a waste of that energy and time but um in terms of the power of free though and what you mentioned there as

well you mentioned very what I thought was very good in terms of like the storytelling aspect and you mentioned earlier that you know you've done the support resistance you've done the harmonics you've done all these different styles and then the Narrative building how important was it or how helpful was it to have a system that told a story can build a narrative on for you to then be more disciplined and and essentially become more profit it's Paramount man it's Paramount because I think that humans in general are creatures of purpose MH in the sense like

let's say if like at a good company um somebody will teach you how to be the best at your position and tell you why it's important to the company right Because then you're going to understand like hey like this actually matters what I'm doing matters um whereas if you say like hey do this this is your job report to me and done those people may do it but they're not going to excel at it unless they're just trying to Excel on their own but as a rule you know you're not you don't have that purpose

behind it you don't have the why and the same with trading right like it's like people want mechanical models they want to have You know this easy thing but if you if you don't have purpose in something um I think that there's just kind of an unexplainable benefit that you get from having that perspective because you're you're operating within this narrative you're patient you you you know exactly what you're looking for and you're waiting on it and it's not always going to play out like the thing that I think a lot of people struggle with

is like they they struggle with doing that they Struggle with having the discipline to like be that patient put that much work into it and then whenever it doesn't work one or two times like ah to hell with it going back to my my old ways you know what I mean because a lot of people think like oh like I've cracked it I'm gonna um I Now understand like this is how I'm going to make it and then they think that that's just going to give them security and now they just know how to trade

they're not going to take Losses they're not going to be wrong like I'll get like when I work with people sometimes they'll be like what did I do wrong here like what makes you think you did something wrong well the trade lost that doesn't mean you did anything wrong now a lot of times when people are learning they are doing something wrong but u i the perspective I think a lot of people have is that um you know once you just learn to trade it's just you know push buttons you're Right you know you you

know where the market it's like whenever you're at the holidays and people ask you like what's the market going to do what's the stock market going to do or like what's the economy gonna do I'm like well I can tell you what I think but you know they think that you're like an expert and you just know right or like people always come to you trying to get you like invest money for them yeah Stu like that but um do you feel like I've obviously Come across a lot of Traders over my time and I've

seen a lot of people do hopping yeah strategy hopping but not normally when we talk about is people because I did this strategy didn't work move on to the next didn't work move on to the next but I've also seen a theme of people where they went on a strategy and it worked they got results but then they hopped anyway they hopped anyway and then the next one worked but they got results but they hopped anyway and The mentality that I've gotten in terms of the lesson of why they do that is because they assume

that there's going to be a strategy that they come across eventually that they can read the market Like A Book Like You said like they can just buy and sell make money and they know where it's going like it's going to go there then it's going to go there then it's going to go there they assume that that exists and essentially searching for the Holy Grail have you have you sort of seen that yourself have you seen any people trying to do that or be that way and and what do you think the reality of

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your yearly subscription the link is in the description below and let's get back to the episode no I think That everybody that I'm seeing that is not successful that has been around trading long enough that's what they do you can see it on YouTube like comments what what's a new model can this work on this like um I've shown stuff that like people are commenting like yeah this is amazing it works great but can I use this on crypto I'm like it says in the video it's just for Nasdaq or you know and I think

people are kind of just they're neo fights right was what it Comes down to like the people that do that um and they're greedy and like you said their expectations are wrong and again I think that a lot of the times people don't succeed at trading it's just simply because they don't understand what that even means MH like they think that like you said um that they're just going to be able to read the market which to answer no I don't think that's ever possible right I think that a lot of people get that idea

from ICT even though he has said multiple times that he's wrong people don't want to hear that they look at it like God like God is telling like this is God of trading and I see his execution videos and he is insanely precise and it's like you know um he tells you that he does take losses right right um yes some people are much more consistent than others right we all we all know that but there is no one who is just all the time mhm there isn't you know what I mean um And that

doesn't mean like like there's days like where ICT said something against like I would be in the the Discord I'm telling a signaling off a trade and they're like oh ICT is shorting and I'm buying like sometimes that's you know I was wrong got spped out sometimes I was right does that like make me a better Trader than I people you know but people think like that it's just like it's a game of probabilities and people that don't understand that That is where most of their psychological issues most of their strategy hopping issues and most

of their unsuccess is going to come from is because they're you can't succeed at something if you don't understand what success is Right success in trading because so many people lose money if you can just simply make money consistently whether you're trading ICT or not you've won now it's just time to optimize right it's not time to say like oh well I'm Making you know one to two hour monthly how do I make 10 r a month because then you know you form everything in trading I look at it like you have like this mental

Equity it's like a health bar in a video game or something right the more that you go out of the way and do things you're not supposed to do or put yourself in positions you're not supposed to be in and take losses that you're not supposed to take the more you do that you drain yourself like like Let's say if you have a profitable strategy and you're trading consistently and you start getting greedy you see other people doing you know better like you think they're doing better and then you say oh I'm going to go

learn from this guy I'm going to change my strategy well even if you like let's say you go into it you go through that normal learning curve now your confidence is dented now you are starting to lose money right even though before you Making money now like even if you go back into making the or go back into that old strategy you're still going to lose at that strategy for a little bit too because your confidence is now dented so like your health bar is getting lower and lower does that make sense you know like

so I'm a big believer in figuring out what works for you because there's no one strategy that works for anybody either or for everybody I mean um figure out what Works for you and then figure out how you can refine it figure out how you can optimize it and like it's funny like you talk to so many people who are trying to learn to trade and I always say like this I'm like okay how do you think it get sounds to take two trades uh two trades a week they're both two are you win one

and lose one and just that's the only thing you can do you're like well is there a way to like make it more trades like well how much money you Making right now a month they're like well I'm not making any money I'm like so you wouldn't be happy with making 4% a month like think about it you know I mean like obviously want people to make more than that but I mean that should be it's so true though cuz like people will be Break Even or losing yeah but they if you give them that

scenario or let's say they could quite easily by being disciplined make that sort of amount They'll forego it because they'll be like like you said I want 10% yeah I want 20% one thing in terms of that though how important is scaling your Capital bin because like 4% a month on let's say you know $1,000 right yes you know it's hard to be motivated with that right of course the skill set is all that matters because you apply the same skill set to large capital of course it makes a difference but how important has it

been for you in terms of discipline And you know success within your journey of you know when you've scaled Capital so I think my a big benefit for me like coming into trading is I wasn't a stranger to like handling large Capital like it's like something Kyle talks about jadec for those who don't know Kyle but um so you right I know right yeah but like he used to manage so much money way more than I was managing way more um for like the real estate stuff he was doing and I think that there's Just

something about those numbers like it's like how people use social Trader tools and will trade better if they have a 100K account linked to five other 100K accounts other than seeing like 500k and being up you know 20K on a position which is you know what I mean and they're like oh my God this is crazy you know what I mean but it's like it's just a kind of a psychology thing so whenever I came into trading like I had made a lot of money i' had lost a lot of money You know what I

mean so I think that was a big thing in terms of like the psychology of scaling and also like kind of the the what I was setting a goal for like I'll tell people like I've talked to people that like they're like well yeah I'm like what are your goals with trading and they're saying like I just want to make um you know I'm like long-term goals like long-term big picture goals like I just want to make like an extra like 500 800 bucks a month I'm like you're lying if that's what you want to

do You' go drive door Dash you can make that driving door Dash right so I'm like that's not what your real goals are so you need to understand like your goals are going to be much higher and you have to kind of like prepare yourself for those big numbers prepare yourself like you're about to be taking risks dude like yeah we talk about risk management a lot but risk management is managing the big risk and that is Trading because that you can lose everything like you're going to you you can lose your challenge right like

I always tell people don't buy a challenge with money that you wouldn't lose like I've had people say you know I'm I have thousand bucks to my name or something I'm about to go homeless I have kids and I'm and I'm uh how do what's your advice for me on this challenge I'm like don't buy it go get a job that's my advice to you you know what I mean so um kind of Preparing yourself mentally to lose whatever it is that you have at risk whether it's your you know evaluation fee or your whole

personal account like obviously that's we don't want that to happen but you have to think like that and once you do that scaling capital is going to be much easier right um I couldn't imagine honestly uh coming into trading never having handled a lot of money and having funded Accounts at my disposal M I would have been a Degenerate honestly and it would have taken me a long time to get out of that I would you know because people say oh it's just 100 bucks it's just 500 bucks ding ding ding ding run it up

run now it's like okay how many little 500 bucks did you spend you know what I mean and going back to like will your Center like about not caring like I said yeah like you said like I I I forget people won't take that with common like I mean that with like with common sense like don't Care in this sense like accept the risk don't just be like oh he Casper said don't care like 5% risk no it's true though like don't get attached to the outcome so don't care about the outcome focus on the

it's kind of going back to what twist was saying like focus on your performance don't like put so much worry on the outcome don't give a [ __ ] about the outcome don't care what other people say Etc um but of course care enough to not put yourself in a very negative Position right don't get me wrong like people obviously come into trading for the money and the freedom right it's 100% the truth and uh you know it's not to say that hey you're not going to have to take some big risks you know so

like you know maybe you're putting in some money that you shouldn't maybe put in there right but not everything right so with that example of let's say you only got $1 th000 that person shouldn't put anything in yeah at all let's say you Got $4,000 right maybe that person could put in 500 into some form of Education 500 into some form of personal account or into a challenge because they built the skill set that's what matters most right don't I've met so many people where they haven't built the skill set but they're buying challenges anyway

yeah and that's just gambling because you you haven't got the skill set so I remember I've told this I've said this many times on the Pod I've known one guy He's never seen the profit Target but he kept buying challenges he's never made the profit Target on a demo account on a paper account he's never and I asked him I said like have you ever seen 10% in 30 day back when there was a time limit in 30day no so why are you buying challenges for that doesn't make sense right but um of course like

the reality is that you're going to have to take risk like you're coming into this journey to change your life to Accelerate to build your income stream so there will be an element where you know the the Preferred Risk is that you can afford to lose it or it's only let's say 10% of your overall net worth whatever it may be so in the beginning when you're starting out and you're on the lower levels of the financial ladder yeah your risk might be 20% 30% something you're comfortable with but I think it comes back to

what you said about not giving a [ __ ] where it's a Case like if you've made that choice you have to actually accept that choice yes so you can't give a [ __ ] now because you you've decided to make that choice right so if you then lose it let's say for any reason God forbid you can't you're not allowed to then be down about it because you made the choice in the first place you know I think that comes back to what you were saying about not giving a [ __ ] like you

have to let go of that emotion that comes with it yeah it's going to Suck and yeah you won't be happy about it but you know to then make the choice and then feel down about it doesn't make sense either you know right no I agree 100% man like in you know touching what you said about like there like there is always some element of risk for sure and as long as it's not like crippling that's the way I look at like like me and Omar are talking about this and it's like if you have

other supplemental income like and it's like okay you know Yeah if you lose this challenge like what's going to happen cuz like um you know I always put it like this as well to people whenever like they're really afraid to lose your challenge um I'm like what's going to happen if you lose your challenge like why are you so afraid there's going to be two outcomes that MH I'm [ __ ] or oh well I lost a couple hundred bucks so I'm like is honor couple hundred bucks really as damaging to you or is it

the idea of Failing the idea of not being a good Trader right and people like value themsel based off their trading performance yeah and it's like the ultimate fear like God forbid I failed this evaluation then I'm a bad Trader then all this this work I did was for nothing out my people are going to be disappointed in me you know and I think too like I understand that too well too cuz like coming from a person that is like um like whenever I was kind of Coming up as a content creator I was doing

a lot of like how I came was live trading just all all live trading every single day five days a week yeah the mental strain that puts on you is a lot right so like I learned that a lot and see like okay like you have to not care to lose to do well because if you have you have any kind of like external pressure on yourself whether it's from your internal dialogue that you know losing is like you know Armageddon Almost you know what I mean then you're it's like a self prophecy and like

the same thing like if losing your fun account means like your family is going to be like like you're going to have to go take a loan out or something like you've already lost most of the time yeah you know what I mean but you have to do you do have to take risks like calculated risks um there's no way you're going to be able to change your life without without doing that for sure In terms of challenges I know you do Futures firms right yeah and they're they're set up a bit differently uh from

what I know I don't know too much about them but I know they set up quite differently to the sort of cfd evaluation firms um have you done like cfd evaluation yeah yeah I had MF accounts yeah oh the one and only hopefully they're coming back who knows yeah I think I think they will I think they'll I think it'll yeah I don't know If they're going to give the accounts we'll see about that part you know it'll be like yeah that that's true question that's true yeah but like it'll be like a Royal Rumble

event you know when like the guy who hasn't been in the WWE for three years and he just comes back how did you handle uh your evaluations like was there a particular style of trading that you did or a particular strategy that you would Implement for the evaluation side and how did you scale That so yeah Futures firms are definitely harder honestly they are they're harder well but they're harder if you approach them in the same sense that you approach a cfd firm right like they're two totally different monsters because a lot of them have

trailing draw down of some sort some worse than others um like some of them they literally will trail with your open unrealized which to me that's there's just that's just predatory right like it is it is I don't Care what people say they say it's like oh we're just encouraging you to make to be risk man that's not reality like even like big firms they allocate for people to go into you know they're not if you if you trade for like let's say like SNB capital or some some real firm like huge firm you know

you're not going to just get cut if you go into a trailing draw down 2% or something oh you're fired it's just not realistic so those stay away from those I'm not going to name Drw but I think everybody knows you know the ones that do that um and but then even like like some will have like a trailing draw down to like your account balance which is still tough that's a little bit less predatory in my opinion than like trailing up with your unrealized open positions um but the thing with Futures like to be

honest uh you have to be a little bit more uh risky and people are going to be like oh whoa whoa whoa Talking about risk but like getting into props this is a lot another thing that I think a lot of people don't understand is like you have to learn to to play the game of props trading prop is not the same as trading personal it is just not right um You have to be more aggressive on challenges like what I do is like I scale my risk up with profits and I scale it down

with draw down so like for example like let's say if I start at uh 150k right that's like the funded Account size that I've been doing um like if I'm taking a new challenge like if I go into a draw down I'll stop trading two contracts just trade one right if I get into 2% well not I look at it I look at like your profit Target I break it down into like pieces so like Futures profit targets are a lot different okay they're not 10% you they're lower but they're also their draw Downs less

too it's proportional it's like the same proportion so I'll Break it down into you know um if I'm two trades into uh profit of two you know two R so to speak of what I'm risking I'll then elevate my risk to two R per trade so it's like a you know escalator almost like if I'm up if I'm up I start increasing risk yeah right that doesn't work for all strategies but my strategy like I try to keep my win rate 60 to 70% right because I'm pretty picky you know what I mean um I

don't really trade a lot I take like to five Trades a week at the most really closer to like three trades a week There's sometimes I don't even take a trade all week but I don't watch the market all day either like you said it's hard to whenever you're you know you're busy doing you know other stuff you're traveling doing whatever um but and another thing with Futures you can't swing trade you have to close all your positions at the end of the day okay so I think that puts a Lot of stress on people

too is that Futures as a hold or as a whole or just the firms the firms the firms yeah no no you can definitely swing um Futures personal and and that's what I've been leaning to more lately is trading Futures on a personal account okay I think that should be most people's uh goal is transitioning from prop to personal just for many multitud of reasons like props are a great tool you should always use them but like then Compound it you know what I mean but I guess that the strategy for futures you have to

trade low time frames like I mean I'm sure there are other people out there using 15minute executions I don't not with ICT you're either on the five minute or the one minute most likely just because the risk you know because NASDAQ so think of it like this if you're trading cfds and you're trading with a contract size of one on like NASDAQ um every one contract like every NQ contract is like a 20 lot and you can't like adjust your position it's either 20 40 60 because it's 20 points of risk or 20 $20 of

risk per Point $40 risk per Point $60 risk per point or you go all the way down to the micros which or one tenth of that so the position sizing different like Forex or cfds you can size your position really calculated around your risk like you know you can get it down to the decimal you're using a calculator yeah Futures can't really Do that Futures you got to be like okay like every 10 points I'm risking 400 bucks you know you might have a little bit more risk on some positions than others which kind of

can make it a little harder to um to keep you know your data in line but I would say the the biggest difference is you have to trade the lower time frames you have to be a little bit more aggressive because the the fees are cheaper too though so it's like there's a whole game to it you Know what I mean I think a lot of people misunderstand props is like they look at it like like oh like this is my my ticket to my career in trading I'm about to become a firm Trader and

it's like you're taking I mean at the end of the day you're coming in and you know at the end of day we're all professional Gamers who don't want to admit that yeah Traders are professional Gamers we every one of us we definitely have ways to Educate ourselves to have better odds than going to the casino but the mentality is very similar right so you have to know how to whatever game you're would you say the mentality is identical it is identical that's why you have people like Jared like Jared tendler he started out coaching

poker players and now he coaches Traders at some of the biggest firms in the world and you know just all through the space so it's like because it's probabilities again it's Going back to understanding what success really looks like and understanding that your job is to have an edge not to understand always what's going on but you know your Edge is going to be like for example like let's say a professional poker player and a professional blackjack player they both have the same mentality in a sense but you're not going to go it's not the

same game yeah like the poker can't go to the Blackjack the Blackjack can't go yeah It's just a different Strate I mean it's different whole different game you know because poker you're playing against other people would you say it's similar like you know cfd Trader isn't just going to jump into Futures and be able to do exactly what the same thing I mean I think that if you're good at trading cfds I think that you can be good at trading Futures and like you know if you're if you're a veteran like you can make the

jump from either one or it's Very simple it's like position sizing your risk that's really what the difference is you know what I mean um and like you're you're execute what you're using to execute on so but the firm strategies that's what I'm saying it's like two different tables you're at yeah you know what I mean like the cfd firms are a lot different than than the Futures firms in terms of strategy just like it's different than a personal account yeah Just like it just like a challenge should be treated differently than your Live funed

account or just like maybe your fourth or fifth account should be treated differently than your first like I always teach people you got to look at like a business like if you buy your first funded account your only goal on that account is just to get the first payout dude just beat the odds get that first payout get your money back now you got some more Capital now maybe on that Second account maybe you're a little bit more aggressive yeah maybe once you got three or four counts now you're up in profits you're like okay

I'm feeling really good this month I see the market is very clear it's giving me a lot of good setups and this takes time to know there's a fine line between correctly doing this or telling yourself you're doing it and G getting like aggressive and gambling yeah but it all comes with time how would you how would you Distinguish that those moment honestly man I think that is something that you just learn about yourself and that is something that nothing but the markets can teach you and nothing but messing up can teach you and having

humility I think a lot of it is like like you said earlier about ego you never should try to like kill the ego but you have to be aware of it you have to be aware and just like fear you never can kill fear you have to be aware of it you have to Be like I always have like mental checks and I I kind of write down like you know how like do you ever a journal yeah okay so when you Journal you know how like you'll say like you'll set out an intention like

I'm going to be uh more calm in my day to day I'm going to be more focused like whenever you start to break against that your mind will literally remember you writing that yeah does from you know what I'm saying like It's that's just something about writing stuff down and I do accountabil is there yes like oh like you wrote you you got the chance you write here now now now it's time to implement all that fun stuff all the do the stuff that spikes your dope mean when you're thinking about doing it like now

you're here to do it are you going to do it same thing with trading like if you write down like I'm going to maintain um you know awareness I'm going to be calm Throughout the day this and that you're going to you're more likely to have those mental like throughout the day I'll be like like say if I take a losing trade I always will be like okay like zoom out for a second think about what you just did think about like did that make sense with that a good loss was it not um understand

that now you're a little bit more likely to go maybe do something that you shouldn't do and that awareness will kind of disarm all of Those you know little demons you know what I mean do you feel like data helps as well then with that yeah I gu rational rational confidence that's something I'm big on too is like like a lot of people be like yeah I have no confidence I'm like why and they're like I I mean I don't know like what's your strategy like I don't know I'm like well yeah you shouldn't have

confidence you know what I'm saying you know what I mean so like data can help in the sense Like and this is really the only good use of like like I like like for back testing I think a lot of people become like back testing Warriors like they'll be like yeah back test the strategy for like 20,000 trades over the last 20 years I'm like oh how much money have you made they're like well I'm still fine tuning it like have fun got you know it's going to be different it's really interesting because like over

the last few months I think because of the Growth of the podcast I have a lot of people coming up to me now um random in random locations and uh they'll ask some ever so often someone will say to me like ah can I ask you a question you know you've spoken to so many Traders you know what do you just basically advice like what should I do and a lot of the time the scenario they're painting towards me is similar to what you said there like I've been bad testing or the one that's really

Reoccurring is you know I was doing a strategy and it was working out but then like it changed like something happened you know and and then you it's not I've not got that consistency yet and usually I'll ask them like do you have a trading plan like or do you have like an entry model and they're like no what is that or like you know no I don't I just you know I trying trying different things that's all I have to say to them is that just have an entry model first like That's the foundation

of it if you don't have an entry model you don't know what you're doing day-to-day you know with the entry model obviously comes the the trading plan the trade management plan like so it's all fixated like all the as much decisions are predetermined before you actually execute a trade uh once you have all that then it's obviously your discipline right that's why I always try and tell them and uh it's it's still shocking to me how many people are Trading without that as you said like they're trading without a strategy um and it is just

the ultimate form of gambling have you found that as well obviously I know I was there uh you know in my journey so it's not like it's just like unique to these people I was there too uh but have you found that still like a reoccurring theme oh yeah no 100% like I think that most people that aren't trading successfully and they're newer they it's like it's kind of like Whenever you're a kid and like maybe you were skateboarding or something and somebody's like wear a helmet M you're like yeah I'm not doing that nobody

does that you know what I mean and then you look and realize like oh like a lot of pro skaters when they're actually doing like the big jumps or they're wearing helmets and it's like the sense of like like you know whenever I talk to some who's new trading I'm like yeah the route you take best route is to you know Get a model study some stuff back test it just a little bit prove you understand it trade it on a demo so you're actually seeing the market unfold then transition to a really small amount

then transition to uh you know maybe your funded Challenger like your personal account I like oh yeah that sounds great nobody's doing that I didn't do that you know me it's like you're saying like so like the same thing I understand it's the same like a A defined strategy people hear like trading mother like oh yeah yeah okay dude I'm gonna watch another YouTube video and and then you know I'll go take what I learn and just look at the market and say oh it looks like it's going up or it looks like it's going

down push buttons and then wonder why it's not working they think that like that's kind of like what people actually do and there are people that do like that like I mean I try to discretion to be honest Sometimes too but I have like a framework that I'm operating within yeah like you said the first thing that people need to do that aren't um that don't have a trading model is just start writing down their process because it's I think it's I don't know if it's a Ralph em it's a quote and it's like if

you can't explain what you're doing then you if you can't like write down the process of what you're doing then you don't know What you're doing it's kind of like one of those things like yeah well that's obvious it's not that obvious so like Common Sense isn't that common and a lot of people fail to do that in trading and it all goes back to like kind of what I was say too like who are you to think that you don't have to do that and still succeed in the hardest game ever played you can't

just do thatle thing like why are you here yeah so it's like a lot of it does come down to what you said there Like just doing what is necessary there isn't going to be a hack there isn't like a podcast episode that you'll watch that's going to change your entire life like you might learn something but there's still all the work that has to be done you can't avoid it it's not avoidable the experiences you have to go through the lessons you have to adapt to obviously off the back of those experiences that you

can't avoid that process it's I think like you said not Giving a [ __ ] and then just would you say submit into the time Horizon is important I know Umar ashra talks about it a lot in terms of you know people coming in with very short-term mindset and that's why he gets kind of annoyed with some influencers like painting a picture of a short-term mindset of like essentially it's a get-rich quick type of thing you know um while he is more of the mindset of like 10 years give yourself 10 years in this you

might end Up achieving it in two or three but you're willing to go the 10 right and it's not about just being around for 10 and suddenly it works out it's obviously being intentful with your actions during those 10 years but what is your fault process in terms of you know the mindset the time Horizon that you should be setting yourself coming into trading with yeah no I agree 100% like when I came into it I almost I mean like I kind of think like like I you just have to Submit to time and you

have to also submit like hey this might never work for you you know what I mean and like fully accept that just like any business Endeavor you know what I mean like if you go into anything and say like this has to work like if this doesn't work in six months or a year like then I'm done um a lot of times you're just going to rob yourself because and it's not it's one of those like indirect things like are you directly robbing Yourself by Just cutting the line at one year and like maybe you're

about to achieve success a month later I mean maybe but the big thing that you're robbing yourself of is the true journey and like the true apprenticeship model like in the medieval times for example people had to go through apprenticeships of seven years to do stuff seven years right of like to be a blacksmith you know what I mean um and I think the concept of Mastery was much more Appreciated back then I'm like that is completely dissolved in our day and age and um you know like you said people come into it it's like

this thing we were talking about earlier where people you know they don't have a job because they say a job's not for me right and they've never really put in any work they just want to have trading because they view it as some easy thing um when you come into to the game with that mindset and you don't have that Long-term Vision everything else is clouded you're building a house of cards on stilts you know what I mean um you might do good you might have beginner's luck but as soon as you get punched in

the face now you're just going to turn into like a gambling addict you know what I mean and that's why trading has like ruined a lot of lives is because you'll come into it with that mentality yeah um but yeah man like I think 100% you have to just submit to time and just Submit also that it just might not even work yeah you know what I mean I think it's interesting what you said there as well and just reflecting on it quickly is like for example to become a doctor just the studying side alone

is about I know in the UK it's about five six years just studying side let alone actually being you might have the title of a doctor but in terms of being like a specialist and then actually being like considered a great doctor in that sense Probably looking at 10 years you know if that maybe more let's look at like uh you know Kobe Bryant or these NBA players same thing that when they started they all tell the stories of being [ __ ] right and and during like a period of five to 10 years of

practicing and drills and games to then eventually being called the goat you know and I think it's the same with like football or soccer right um same principle there like Ronaldo or Messi like I'm sure at One point they were just a kid kicking a ball and probably wasn't that good but 10 years of kicking that same ball over and over again with no actual idea of if they would make it to the big leagues but the passion and the you know intention and the discipline to keep going at it and working at it is

what led them there and it's the same with trading I think I've always said that success is is just a blueprint right so I don't think trading itself has a Particular uh specific blueprint that is specific to trading I think it's just success as a whole and I think it comes down to the things that we've really highlighted in this in this podcast of um you know the time Horizon the mindset the internal dialogue the financial Foundation uh in terms of you know not just risking it all for exent I think it's so important for

people to really take that on board I don't think this podcast say you know there will be some People who listen to it and they will take note on it and that start taking action but there'll be a lot of people who are just doing the same thing that we talked about earlier where they're just watching another thing to think this is going to change my life yeah but I feel like what what would your thought process be my thought process would be that you can change your life off the back of this episode or

this ICT video or whatever it may be if you choose to Yeah now I always say like this watching a hundred videos won't do anything for you but applying what you learn from five might right like you know what I mean like think about it like really when you get down to and like you go through like your whole journey um and you kind of like full circle like if I look at all the stuff that I consumed to now I use such a little percent of that MH and like you I didn't know that

at that time and and like I honestly Believe that kind of like what you were saying way earlier about you know people say not to do things but you have to kind of go experience it first like so like I think that there's going to be the people who are maybe more at that time where they're ready to take action so they might have had some aha moment and just had like a paradigm shift and that's because that's where they're at you know what I mean and then there might be someone who just started Trading

a month or two ago and they may not be there yet and you know and there's nothing necessarily like wrong with that like oh you suck but like you have to be aware of that and like I hope that people that are at that point you know the latter of those um they hear that and they're like that might be me and that's like the first step into starting to shift to like taking action and realizing like um you know it's not about the amount of of like content you Consume or the amount of new

strategies you learn or new courses you buy or or new discords you join it's really just about an amount of of time you take into actually becoming a successful person like you said and it's like you know um like I I don't see anybody who's a very successful Trader who I wouldn't classify as an elite into individual and when I say that I don't mean financially only I mean mentally I mean the way they hold themselves High their the self Resect their standards the way they treat other people you know what I mean um it's

just it's an identity right like you should be setting the goal again going back to Earth setting the goal to be a good Trader right what is a good Trader it's not setting that goal doesn't necessarily just mean trading it means like the kind of person you are kind of Lifestyle you live um I'm not saying you have to wake up up at 3:00 a.m. and run 15 miles and cold punch for 10 minutes or whatever like a lot of people think that that you know you have to be crazy extreme but it's really just

think going to something that happened this week for you I don't know if it was here or somewhere else somewhere else sorry but you know you were at a location and you forgot your gym attire yeah so therefore you started working out in what are slacks by the way I don't I think that's an American thing I it's these like just like dress pants Like dress pants basically yeah you start working out in slacks yeah um but you could have easily had the mindset of can't work out now I I don't have my my gym

CL oh it's Christmas Eve we are visiting F oh I'm visiting family oh just take it take off you know but it's just like and again like I'm not saying there's anything wrong if you did that right but I just take more joy in not doing that like again I get to be like I look at and I'm so grateful I'm like That like that is 100% what I attribute All My Success to is just being like what some people call is crazy like you know I'm like at my girls family's house like waking up

like early like yeah I'm gonna go to the gym I'm wearing slack SLE and I was like they're probably think I'm crazy um but I don't care I know like the Fulfillment that gives me is more power more powerful than the little bit of comfort I'm G to get from being play on my phone and sleep in you Know but I think it that's what counts yeah because at the end of the day it's like okay consistency in trading what is that that's discipline over and over again right I think the one thing with trading

that is separate to the other things earlier I mentioned obviously that you know the success blueprint is pretty much Universal but the one thing that is in trading that let's say for the gym for example is if you did have a rest day it's probably not going to Overall affect your result right but with training there are no rest days right like if you have a routine and and a plan you have to stick to that because let's say like you said you know you wake up and you're like and you're meant to do your

pre-market analysis you skip your pre-market analysis you just turn up when the Market's opening and the Kill Zone just started what's the likelihood of you knowing the daily bias for that day what's the likelihood of You sticking to your sticking to your trading plan you know what is the likelihood is probably very slim because you're probably now going to in without doing your pre-market analysis and just saying it looks like it's going down and that's the day no matter even if you've been disciplined for the last 6 months right you stuck to that plan for

the last six months that's the day where you end up uh going on tilt blowing your account losing your funding losing your Personal account whatever it may be and that's the reality in trading which is different to other endeavors so I think as you mentioned like yeah okay it might not change the world if you didn't decide to go gym that day but I think the saying goes like how you do one thing is how you do everything and I think Trading really reflects that massively is that you could easily snooze and just miss the

pre-market analysis that day but That one little thing in trading can be the difference between you losing that account or keeping that longevity going you know yeah no 100% man and it's like I read this in a book um it was the personal MBA super good book I highly recommend it um but you say personal MBA MBA super good book like very very good book um it's I think it's a little older like but not not crazy old but it's it's just it's one of those Timeless books you know what I mean um but it

was Talking about I can't remember like the name of the concept but it was something about like permanency of like the effect of things you're doing in the sense like a lot of businesses fail not by huge um you know Black Swan events it's by small things over time that didn't do anything when they happened and everybody's like whatever it's fine and they accumulate and it's the same thing with life or anything like Trading um like for example like let's say you have a good Strategy that you know is profitable at two R but you

get scared and take your profit or remve your stops to break even every trade just that small little thing over time is going to make you not profitable you know um or just like in life like maybe you just take a you know two days off a week or you sleep in um when you told yourself you weren't going to sleep in like if you don't set a goal to wake up Ear that whatever but if you set a goal to wake up early and you Don't or you set a goal to start going to

the gym and you have all these new year that's why here come all the new year resolution right we got a couple days coming and people like do themselves a disj ustice by saying oh I'm going to s a New Year's resolution and then not sticking to that because what you're doing is you're cementing to yourself that you aren't you're not a person of your word of your word to yourself which is the most important Word you know what I mean so I think that building that Persona and again it comes back to like confidence

like not just in trading but in life like um I think corosi said this too it's kind of like what I was saying about trading like you shouldn't be confident but some people are like you know you really shouldn't be confident like and that's like kind of the tough love like you should like always respect yourself but like maybe if you've not done anything In life why would you be super confident like who are you to why are you entitled of that go do something and it doesn't have to be become a millionaire or something

you could go just maybe get in shape a little bit better maybe start reading every day maybe start um your side also will start whatever it is that you've been wanting to start you know do those things to build that confidence and again that all starts to build up and you just become a successful person Look at pal it's a great example like what was it that really tied his psychology for success and confidence the Iron Man before that point he hadn't achieved anything to be confident and then when he trained and then completed the

Iron Man you see like a very tilt in his trajectory in his life right like that that this accomplishment and he there's someone else I know who did a very similar thing the accomplishment of achieving I think it was a I think it Was an Iron Man as well to be fair but essentially say like someone it might be a marathon for someone it might be completing 10 books it might be saving 10,000 dollars or pound pounds uh after like a year you know of really like you know doing a process of saving was it's

achieving something where you had to put in work might be losing weight you know um and I think it's a I think that's a very valid point a very very valid point and I think a lot of people don't go Through it's like the people were talking about earlier I don't I'm not made to work a job how many jobs you worked one how long were you there a week that doesn't make sense yeah you know I've I've worked crazy amounts of jobs you know all sorts I've painted houses I've uh looked after um um

like children in care I've worked in like chicken shops like a KFC if you will I've worked in um in like sales you I've worked in all sorts of things as a Waiter many times you know um and even now like I've always had the mentality that if everything was to go for God forbid p i get canceled you know I get cancelled and trading goes to [ __ ] I'll go work a job again yeah you know yeah and I'll go do sale I'll go do any job as well I'll do any job would

I like it you know of course maybe I might not like it but am I willing to do it yes and will I always be willing to do it yeah that's why I like to reflect a lot Of like like recently I've been reflecting I normally do it like towards the end of the year um but I was like thinking about okay I used to work in this chicken shop I used to sit at the the fryer and blow two 300 pound accounts because I was just putting money in I couldn't afford to lose right

and that was luckily before props because I probably would have thrown more in like we said um but yeah it's such an interesting thing and the final Question I'm gonna ask you actually was in regards to I think you kind of touched on it earlier about you know knowing when to when you're sort of seeing the markets clearly and that's when you you can increase risk and stuff and take more trades um from your experience so far how often do you see really big months like huge profit not huge but like out of the norm

sort of profits right larger than average this year was like two man like L like really Crazy like August was really good what's funny it came after my worst month I went on like a two week losing streak and it was a mostly public too because I'm like calling the trades out so it's like those losses are and that's made me such a better Trader doing that um but it Amplified those losses you know cuz I'm like then you don't even want to take a trade anymore you're like is another loss what is I going

to do you know what I mean but um yeah I don't I Try not to expect anything like I I I I would this month this year was two um like 20122 was crazy it was like the entire like September um to December I made more money in that short time of period than I ever had my life trading you know what I mean but I didn't I don't ever expect that to happen again you know what I mean I think that there's so many different factors that come into play with that like it's not

just the markets it's your personal life Like what you're doing what you have going on um what kind of mentality you're in you know there's so much stuff that can go into G so I tell people to expect nothing in the markets because I think that trying to put labels on stuff or trying to expect things like people say like oh my how many how much percent should I shoot for a month like how what should I expect expect expect and I'm like listen like you fail to understand that there is no guarantee in this

game And the more you look for for it the more you're going to be lost right and again it comes back to like people wanting the benefit of you know being an employee but they you know also want the benefits of being an entrepreneur yeah like you don't get that in this world you don't you know what I mean you got to take risks you got to accept that you're not entitled to anything you could lose at all like you said um if you got to go back to square one you Just got to do

that you know what I mean um but yeah man I would say like no more I mean you never know I guess like two to three you know what I mean like but but it's not like every month hell no definitely not I feel like it kind of goes back to what we're saying earlier is people are looking for that strategy that allows them to read the market like a book The reason they want that is so they could make crazy money all the time every time you know yeah and um yeah a Main part

of the podcast is to obviously hear people's Journeys you know realize the reality of trading you know yes get a lot of value across of course but the reality of trading and I think that's one of the misconceptions that people really need to realize is that it doesn't mean that other months are bad you're still making good money but in terms of like the huge profits that people always after that's not going to be all the time and that huge profits Might come on a regular basis when you scale to the the multi-million Mark so

then the small percentage gain the average percentage gain reflects to a large amount uh but even then the big big like you know let's say the six figure months or multi six figure months at that size is still going to be once or twice or three times a year like it's going to and again like you mentioned I think very important which is that you don't plan for them I think what you did Touch on there which I think is very important is like it's multitude of things it's not just the markets yeah right and

I think that's why it happens ever so often because everything has to align at once and how often is everything going to align up once it's like a solar eclipse how often that not every day every month you know right it's once every it's not sometimes not even once a year you know but you know they come occasionally and that's when Everything aligns and I think that's a very very powerful Point very powerful point but Casper we're going to have to do this again for sure I really enjoyed it you know everyone make sure you

drop in the comments below you know your biggest take from this episode and let us know you know what other questions you would like to hear as well but make sure the links for Casper will be in the description below so make sure you check them out and for everyone thank you for Tuning in hit subscribe take care [Music]