"Prop Firms Won't Pay You Out" - Trader Exposes The Rules They Hide From You
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About this listen
Ex-electrician turned traveling trader reveals why 90% quit in 6 months and exposes the dirty prop firm tactics keeping retail traders from getting paid. Moneyball Austin, who's been trading from hotels and coffee shops worldwide since 2014, breaks down why swing trading beats day trading, how to journal your way to profitability, and the brutal truth about making "1% per day."
#daytrading #SwingTrading #propfirmtrading
Timestamps:- 00:00 - Intro
- 00:36 - The 1% make minimum wage
- 08:02 - Why journaling beats everything
- 12:30 - Risk management solves 90% of losses
- 23:27 - Day trading vs swing trading truth
- 26:33 - How to scale position size properly
- 38:10 - Prop firm payout scandal exposed
- 45:53 - When to quit your job
- 54:23 - Why we want to be right
- 59:12 - The 1% stat that changes everything
- 1:02:07 - Trump's weak dollar strategy explained
- 🎥 YouTube: https://www.youtube.com/channel/UCyiceMy5uXBFDThCyeKh_kA
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- 🌍 Website: https://www.moneyballtrading.com/
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- 🎥 YouTube: https://www.youtube.com/thetradingbattle
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