Most traders , including you reading this may never see a payout...

Around last year many fell off cause they couldn’t keep up with payouts
If you are very observant , In 2025 you’ll hardly find one shutting down ,
This is because the remaining ones have grown smarter to do shady stuffs behind the scenes at the expense of traders just to keep the business afloat
I will explain briefly on :
🔷The Prop firm business model
🔷The mental trap set for retail traders
🔷How prop trading can turn you from profitable to struggling
🔷How influencers make you rush into prop trading
🔷How you can milk propfirms despite all odds
For those newbies reading this it’s important you know the only way props make money is via challenge fees
Meaning, if you eventually pass an evaluation, you won’t be handed a live account
It’s just another demo account with restrictions
So the feeling of “I’m trading with other people’s money” is fallacy …
You aren’t .
Also the commissions , swaps and spreads that you experience in your accounts is there to mimick real brokerage account .
it’s just another technic to speed up your account to overall draw down.
When you lose , commissions, spreads and swaps are deducted making your loss bigger
When you win , commissions , spreads and swaps are deducted to reduce your win
Why is this scammy is because in real brokerage firms you are never being slammed with spreads and commissions on same account , it’s either only spreads or only commissions
Standard accounts have spreads
Zero spread accounts pay commissions
So now your eyes are opening … keep reading .
From the start , the reason prop trading seem harder than normal trading is because it sparks our childhood insecurities
The Passing and failing situations attached
Makes it feel like failing or passing an examination in school
The dullest kids back in school where stigmatized and seen as failures , while the smartest kids where adored
You may be an adult now , but that stereotype will still stick to your brain
And these companies amplify it by creating certificates to boost your euphoria when you pass
How does this affect you ?
It makes your ultimate goal in trading to become funded
Now since 90% of traders are losing money , and hate the idea of process and prefer profits , they will relentlessly keep buying challenges over and over despite failing , cause they want to see themselves pass just to validate that childhood thirst to prove a point to themselves
Well , the market doesn’t give a shit about your traumas and your trials and errors , it will always punish ignorance and lack of self control so you will keep losing and who smiles the most ?
Prop firms .
For most traders , they think being profitable is a level of life you attain and never fall off
Sadly as long as profitable trading doesn’t equate = being able to always predict the markets, then the markets will remain alpha
And profitability can be lost
Profitability is simply when you make profits from the market
Everyone has done that
What has everyone not done ?
Consistency
So once you understand this you wil understand what I’m about to say now ;
If you have been killing it in live capital .. probably for the fact that your system is fire in a particular period of time , it’s just temporary cause you need a harsh situation to hit you that will make you go to old habits and that’s exactly what happened to a vast majority of traders who joined prop trading when they just started to get popular
When trading live accounts and you face drawdowns , you are confident, cause you understand your strategy can take you out of the drawdown ,
but for those coming to prop trading from this mindset it usually blows them off guard
in prop trading there is a consequence for drawdowns
And knowing fully well that if you fail you will lose your Challenge fee even makes it more scary cause now losses will bother you even more
A 10% DD in live capital leaves you with 90% of equity left
A 10% DD in prop firms make you lose your investment
This is is exactly when these traders start feeling they not good enough, so they start tweaking their strategies or even changing them cause the pain doesn’t only hit from the loss of the challenge fee but for the fact you FAILED
Your brain will always recognize that as bad
This is how profitable traders in live account , start prop trading but end up losing their progress and psychological calmness
They go back to the struggling phase of searching for an edge thinking prop firm trading or passing of account is the standard for a correct trading approach .
The biggest Ad for a prop firm is a trader’s payouts post
The competition is high now
Too many firms
Those post are needed now urgently by this companies cause it has a higher conversion rate
So how does it happen , they arrange fake certs based on agreement with some dishonest influencers
The more this shady act increases amongst prop firms , the more you see more payout posts on your timeline
Popular fact we all know is that
90% of traders are unprofitable
But how come almost every trader gets payout now on X
Except you ?
Lol
You aren’t cursed …
While there are legit posts out there, some others aren’t real
It’s all a way to lure you to join the moving train whether you are mentally prepared for prop trading or not.
At the end it’s a win win for influencers and props
Who suffers it ?
You
But then , there is way we still beat them …
It’s just not a common content you see online .. keep reading.
You can follow it and strengthen your foundation in trading ICT concepts
Join t.me/bluekingsacade…
The liberation is the understanding that this people aren’t out there to help you
Neither is a funded certificate a trophy
To conquer you must understand the game ,
Position yourself well to reap the pros
And defend yourself from the extreme cons
The following are attitudes you must adapt to be funded and hold the Account for a long time.
Now you know not everything online is real
You shouldn’t allow strangers online to pressure you
Focus on getting mastery of your strategy and psychology before ever touching a prop challenge account
2.) Get An Edge:
An edge is simply a strategy that makes you more than you lose
The secret to a solid edge is simplicity and repeatability
If it’s simple and can be explained to a child , it will be repeatable
If it’s repeatable , it will assist you in killing most of your psychological demons
For an easy strategy : setups are either there or they are not , no silly substitutions just to be in a trade .
For s complex strategy : you hear traders say stuff like
“If this doesn’t show up then I will enter on this , if this doesn’t show up then I will drop to another timeframe”
If your strategy create excuses just so that you can be in a trade then you have no edge…
Seeek help cause you can’t attain consistency with an inconsistent approach
Remember all your trades MUST look identical.
A checklist makes you have no choice than to follow your simple rule
Also if your strategy can’t fit with a check list .. then you are using a trash system
You can not be consistent with that
Please change it as fast as you can
4.) Backtest it
Backtesting is good , but only do it after you have mastered your approach
Also when backtesting , if you don’t use your checklist along side , you may be be distracted into trying out random ideas
Backtest with a checklist and journal every trade ..
500 - 1000 trades of folllwing one checklist will destroy all your psychology problems
Because right there after 100 trades facing losses and wins, you will see the essence of sticking to your rules .. this is the only psych shift that will permanently change your trading
Demo is usually talked down on
But it’s seriously important for your journey
It’s financially stupid trying a strategy you aren’t 100% sure of with real money
Even if it was perfect in backtest , forward testing has a lot of lessons in it and it’s all related to your executions this time .
Your executions will never be perfect for a while and that’s fine and supposed to happen
But if you attach real prop account to that learning period you will end up being a prop firm victim again
Be wise and focus on demo for some months till your executions are
If you have no side income to afford an account , get one
If you do , Start with $5k account
Trade with 1.5% risk when above breakeven and trade with 1% risk when below breakeven
Now you have gotten your consistency
You have system
You are not scared of lossses
You understand that a failed challenge is normal , cause it’s just a mental trap .. it means nothing too serious, and isn’t a sign that your strategy is weak or not profitable
Now instead of changing your strategy after a failed challenge , now you just review your trades making sure your checklist was well followed , then buy another account
It’s that simple
And every one both in the free telegram and paid community benefitted from it
While I call price direction on the free telegram , I call my precise entries for my vip members
Mentorship enrollment for next month is open and will be closing soon
If you want to be a part of the vip membership where you learn exactly how I trade and you get to see me trade live with you, with you seeing my entry and exits message me on X or telegram to know the pricing and what you should have in place to qualify to be a member
T.me/kingdubie
Click this link to watch me
I explain it in details in my last forex webinar
t.me/c/1807963025/1…
You can follow it and strengthen your foundation in trading ICT concepts
Join t.me/bluekingsacade…
