Coyote retweeted
there are two ways you can approach online prop trading
1 - play the game, go for max risk positions and quick passes/fails. use max risk to try generate big returns on live to make up for the fails. hedge accounts from different firms to guarantee passing but you'll need a good bankroll to get started to make up for burning through challenges and hedging firms
this is what 99% of influencers do by the way
2 - trade with appropriate risk and a solid edge. spend some time to pass, get the funding, and reduce the risk on live and focus on longevity. repeat to stack accounts and funded capital
more people should focus on this route than what the social media garbage feeds them. it takes time but is more rewarding and you can actually make a career out of trading
Coyote retweeted
My trading notes for a day 📝
・You will definitely have losing streaks no matter what strategy you use.
・You will definitely experience drawdowns.
・Attempts to recover losses will cost you more.
・Trades triggered by the impatience of not wanting to miss out are worthless.
・As long as you follow the rules, winning or losing is not your responsibility.
・Your job is to create a system with an edge and then “only” follow the rules.
・My job is “only” to place orders according to the rules.
・Do not make fun of other people’s strategies. It just declares you are immature as a trader and as a person.
・When you are emotional, investigate what thought processes and beliefs are causing those emotions.
・Do not use a system without testing it. That itself is a risk and a gamble.
・Systems are based on repetition. Incorporate a money management strategy with a 0% risk of ruin into your system.
・Do not tie winning or losing to self-esteem. What is evaluated is your consistency over the long term.
・Rather than telling yourself you can do it without any basis, thoroughly test and trust your system, no matter how tedious it may be. You can do it.
・You do not lose because you do not have money. You just do not have the skills.
・Do your best even for things that “might” make you 1% better. Do everything you can.
・Do not give up.
Coyote retweeted
Most of your trading problems come from not having data on your system
You over-trade, revenge trade and switch strategies because you’re not even sure if your current system is profitable
But if you have 300+ trades backtested SHOWING you that your system was profitable
You wouldn’t feel the need to over-trade or over-leverage
You would know that you just need to stick to your plan and you’ll make good money
I know guys who have been trading for 3 years and still haven’t backtested their system properly
DO NOT ignore this - it’ll save you
Coyote retweeted
J'ai regardé mes 35 derniers comptes de @ProprXYZ .
Les chiffres font mal. 📉
✅ 7 réussites
❌ 28 comptes breach
🎯 20 % de réussite
On affiche les payouts et les challenges passés… mais rarement les comptes perdus.
Je préfère montrer les deux. La réalité du trading, c'est aussi ça.
Lien pour soutenir: app.propr.xyz/r/ROYA
Coyote retweeted
Being right isn’t what separates a pro from a gambler. Everybody’s right sometimes. It’s what you do when you’re wrong.
A pro takes the loss and moves on. They knew where they were getting out before they ever got in, so there’s nothing to think about.
A gambler takes it personally. They buy more to “average down.” They move the stop to give it a little more room. Then they sit there hoping it comes back.
I’ve done every one of those. That’s how a small loss turned into a big one for me more times than I’d like to admit.
If you’re wrong, just get out. There’s always another trade tomorrow, as long as you’ve still got the money to take it.
Coyote retweeted
Your stop loss is not a guess. It is the exact price that proves your idea was wrong.
If you let a trade go past that point because you hope it will come back, you are just gambling.
The best traders are the ones who are really good at taking tiny, quick losses. They get out, keep their risk small, and save their money for the next opportunity.
Coyote retweeted
Stop glorifying the grind.
Stop acting like putting years of sacrifice in with no results is something to brag about.
Your only job as a trader is to find a simple model, make money and move on to the next phase of your life.
Nothing else.
Coyote retweeted
Here’s where I ended May with my @Tradeify accounts.
Two of these accounts are approaching a year old and have turned a roughly $500 investment into more than $25,000 in payouts.
It wasn’t done with huge size, gambling, or chasing home runs.
It was done with discipline, patience, risk management, and a repeatable system.
These are my slow-grind accounts. I trade them the same way I trade my personal brokerage account.
Prop firms are an incredible tool. They allow traders to gain leverage and exposure with limited capital. The problem is many people treat them like lottery tickets, which leads to bad habits and blown accounts.
These accounts are now at the point where they’ll likely be moved to live capital after the next payout.
I also wanted to show something important:
You can filter data and only show the winners, or you can show everything.
When I remove the filters and include the losing accounts, the results are still strong because the focus has never been on hitting home runs. The focus has always been on protecting capital and staying in the game.
Slow and steady wins.
Then scale the process across multiple accounts and let consistency do the heavy lifting.
The goal isn’t one big payday.
The goal is getting paid month after month while never risking ruin.
Coyote retweeted
One thing that quietly wrecks a scalper is the feeling that *this specific trade* has to work.
You waited for the setup. You sized it right. You already pictured the green day.
Then it moves against you — and suddenly you're not managing risk anymore. You're bargaining with the chart.
The market doesn't know your daily target. It doesn't know you skipped the last 3 setups waiting for this one.
Your system doesn't care how badly you need this trade to hit. Follow the rules. Take the loss if it's a loss. The edge plays out over hundreds of trades, not this one.
Coyote retweeted
You will have losing days.
You will take losses even when you follow your system perfectly.
You will watch NQ move without you and feel tempted to break your rules.
That’s part of the game.
As a mechanical trader trading NQ since 2021, I’ve learned that success isn’t about predicting every move. It’s about executing the system, managing risk, and staying consistent when emotions try to take over.
No revenge trading.
No impulsive decisions.
No abandoning the rules after a losing streak.
Trust the system. Protect your capital. Trust God. Keep showing up.
You don’t need to control the market. You need to control your execution.
Stay mechanical. Stay disciplined. Stay in the game. 📈
Coyote retweeted
CHARLIE MUNGER: 10 RULES FOR SUCCESS
1. Never stop learning. The more you understand, the fewer costly mistakes you make.
2. Deserve what you want. Don't just chase success. Become the kind of person who can earn and keep it.
3. Know your limits. Understand what you know, what you don't know, and when you're out of your depth.
4. Survive first. You can't win in the long run if one bad decision wipes you out.
5. Use the right approach. Good results come from sound methods repeated consistently, not shortcuts.
6. Understand what you're doing. Never put your money, time, or reputation into something you cannot explain.
7. Build trust. Your reputation takes years to build and only one bad decision to damage.
8. Learn the big ideas. Understand principles that work across business, psychology, economics, and human behavior.
9. Get good at what matters. Competence comes from practice, honest feedback, and correcting mistakes.
10. Don't drown in self-pity. Life will treat you unfairly sometimes. Accept reality, learn the lesson, and keep moving.
The goal isn't just to become successful. It's to become wise enough to stay successful.
Coyote retweeted
Well, Joe Walsh… I owe you a beer for the A+ explanation of my “right side of the V” concept!
Cheers for making my Friday 🍻
Buying a stock at 100 on Monday and buying it at 100 on Friday are not the same trade. Most investors can’t see why:
Joe Walsh is the Founding Partner of hedge fund Code Partners. 60% annualized, Sortino over 2 in his personal account.
Joe Walsh explains:
“There’s a concept Lance Breitstein (@TheOneLanceB) popularized called the right side of the V. The expected value of buying a stock at 100 on a certain day and 100 on a different day, they’re not the same.”
“Most people hear that and say, if you’re buying it at 100, you’re buying it at 100. No, it’s not. This is a game of missing information. That’s what investing and trading is.”
“If you buy while it’s still cratering because it’s really cheap, you don’t have a defined stop. You’re just saying, I like the price. I’m ignoring the trend, I’m ignoring everything else.”
“If you’re doing the classic Buffett and Munger of, if the market closes for 10 years I couldn’t care less, that’s fine. But in a hedge fund structure with LP liquidity, it would matter a great deal if the market was shut for 10 years.”
“Where I’m really sizing up, I can’t think of a situation in recent history where I’ve done that against the trend. It’s quite reckless from a risk perspective.”
“Once you’ve made a bottom and turned, you may be back at 100 having gone through 95 first. Now you can add at 100 with a defined stop at 95.”
“You’re still paying the same price, but the trend is with you. You have a defined stop, and you can risk a lot more. You have a tailwind at your back, not a headwind at your face.”
Coyote retweeted
most people in trading focus on getting the big payouts from a prop firm or gambling a couple hundred bucks and 10000xing it. it's why the success rate is so low in this game
you have to learn how to make a couple of grand a month first. that's the foundation for everything
then you can learn the best moments to size up accordingly and turn your gambling into edge
if you're going to risk big you need to earn the right to do it first