Matt Pindroh
688 posts


Wow!!! My family of 7 was supposed to fly on Spirit to Miami for $597.48 total. The @AmericanAir rescue fares are almost 10x that!!! @SecDuffy how is the average American family supposed to travel?#pricegouging

English

@L2WTrades Actually it’s 3k, because if you go below that your cut. It’s a scheme.
English

Prop firms will literally give you $150,000 to trade if you pass one test
Not a loan. Not an investment. Not your money at risk. Their capital, your profits.
There are companies right now handing complete strangers six figures in trading capital for a $300 entry fee and nobody talks about it because the finance industry would collapse if this went mainstream
And you're out here risking your own $200k of personal capital with no system. No checklist. No filters. Just vibes and a chart
I've worked with traders who lost 6 figures of their own money because they never had a framework. They knew the concepts. They could explain fair value gaps and liquidity sweeps to you in their sleep. But they had no process for when to trade and when to sit out. So they traded everything. And lost everything
Here's what they don't want you to understand:
The test is simple. Hit a 6% profit target in 30 days without losing more than 3%. That's it. That's the entire barrier between you and $150,000 in funded capital
"But I don't know how to trade"
No - you were never guided in the right direction
You watched 400 youtube videos from 12 different gurus who all contradict each other. You learned 6 strategies and mastered none of them. You spent $4,000 on courses that gave you concepts without structure
You would rather lose 6 figures trading alone than invest in building a real system with someone who actually trades
That's ego. And that ego is expensive
The difference between the traders I work with who get funded in 60 days and the traders who blow accounts for 3 years isn't intelligence. It's that one has a system with defined filters and the other has "knowledge" with no framework
"But I'll fail the test"
Cool. You lost $300. Try again. The maximum downside is a dinner bill. The maximum upside is $20,000+/month in profit splits
Compare that to risking $50,000 of your own money with no system and watching it disappear over 6 months. You didn't even get a dinner bill. You got a lesson that cost more than most people's car
Let me break down exactly how these firms work:
Prop firms make money from the 90% of people who fail. That's their business model. They charge $300 per attempt and most people can't follow rules for 30 days. The firms are profitable because human psychology is predictable. Most traders are impulsive, overleveraged, and emotional
The 10% who pass get funded. The firm gives you real capital. You trade it under specific rules - maximum drawdown limits, position size caps, daily loss limits. You keep 80-90% of profits. The firm keeps 10-20%
The math that breaks people's brains:
$300 challenge fee -> pass -> $150,000 funded account
Make 3% monthly -> $4,500/month
Your 90% split -> $4,050/month from ONE account
Now here's where it gets insane:
Buy 5 challenges for $1,500 total
Pass 4 of them -> $600,000 in funded capital
3% monthly -> $18,000
Your cut -> $16,200/month
From fifteen hundred dollars. While the guy trading his own $200k account just had a -8% month and can't sleep
And most firms let you hold multiple accounts. I know guys running 15+ funded accounts simultaneously. They trade the same strategy on all of them. Same setup. Same execution. Trade copier across every account. One morning session. One entry. 15 accounts. Same trade
The system that passes challenges:
This is where most traders fuck it up. They think passing a challenge is about trading well. It's not. It's about filtering out the trades that don't deserve your capital
Before you enter anything:
Is the 4-hour candle supporting expansion? Small wick? Opening in the right direction? If not - no trade. That day is eliminated before 9:30
Did the previous session reverse? If London reversed, you're trading continuation from a gap. If nobody reversed, you're trading the 9:30 reversal. The 6AM candle already confirmed which one
Do the correlated assets agree? NQ breaks out. You check ES and YM. If they don't follow - the breakout is fake. You skip it. One check. 10 seconds. Saves you $1,200
Is the gap in the right zone? Within the upper half of the previous candle's range. Close proximity to the opening price. If the gap is deep in the range, the candle won't support expansion to your target
V-shape confirmation on the lower timeframe? Expansion in. Displacement out. Gap forms. If no V-shape - no entry. Doesn't matter how clean the level looks
5 filters. Each one eliminates a category of losing trades. What's left is 1-2 trades per day with a 60-65% win rate and 2.5-3R average winner
That's not hoping. That's a system. And a system is what passes challenges in 15-22 days while the guy with "knowledge" blows his third attempt
A trader I work with had been trading his own capital for 4 years. Lost $180,000 of personal money. Knew every concept. Could draw levels in his sleep. Zero system. Zero filters. Just entering everything that "looked good"
3 months after building the system with me: first funded account. $100k. Passed in 18 days
His total cost: $300 challenge fee + the coaching investment
Compare that to $180,000 lost trading alone
He didn't need more knowledge. He needed structure. He needed someone to tell him "don't trade that candle" and "check the other asset before you click"
That's the difference between trading with a system and trading with knowledge
Knowledge without structure is the most expensive thing in trading
This is billions of dollars in available capital sitting there waiting for anyone disciplined enough to pass a basic test
You need $300 and a system
Not $200,000 of personal capital and a prayer
One path risks a dinner bill with $20k/month upside
The other path risks your life savings with the same emotional mistakes that already cost you 6 figures
Which one makes more sense?
(free discord in bio. live every morning before the open. if you think you're a good fit - DM me "SYSTEM" for 1-on-1 coaching. i only take on 1-2 traders at a time to work with fully private. spots are limited because i actually trade and can't scale this beyond a handful of people)
English

JUST HAD MY LARGEST MONTH EVER!!
+$440k
I have to go back from where I came from
My parents worked multiple jobs just to keep this roof over our heads. I never was supposed to make it this big in life.
My mom gave me the belief I could achieve anything I wanted to.
I’m living proof trading is possible.
Keep your head down and keep working. One year is all it takes to change everything.
I know you’re looking down on me Mom. Thank you for always supporting me. ❤️

English

@smartertrader The CFO basically came out and said they will not be able to pay there bills soon if they keep this up. When the CFO speaks it is usually a problem.
English

my trading buddy celebrates red days harder than green days
seriously
loses $2k, takes himself to dinner
makes $4k, eats ramen at home
i thought he was insane until he explained the psychology that made him $500k last year:
you're celebrating wins and depressing over losses
you're conditioning your brain backwards
here's the reward system that keeps you broke:
WHAT YOU DO NOW:
win trade: feel amazing, celebrate, post about it
lose trade: feel terrible, hide, hate yourself
YOUR BRAIN LEARNS:
winning = dopamine hit
losing = pain
RESULT:
you become addicted to the winning feeling
you chase winners (need that dopamine NOW)
you hold losers too long (can't accept the pain)
you take trades that aren't there because sitting out feels like missing a dopamine hit
you just programmed yourself to fail
here's what profitable traders do:
INVERSE REWARD SYSTEM:
win trade: stay neutral. it's just data
lose trade properly: CELEBRATE. you followed rules
YOUR BRAIN LEARNS:
winning = normal, no big deal
following rules = reward
RESULT:
you're not addicted to winning
you let winners run (no need for immediate dopamine)
you cut losers fast (still get reward for following rules)
you sit out garbage days without anxiety because not trading IS following rules
the truth is really simple:
i don't celebrate P&L. i celebrate EXECUTION
if i check the candle profile and the wick doesn't support expansion and i close my laptop - that's a win. i followed the filter. most traders would have forced a trade anyway because their brain needed the action
if the previous session didn't reverse and there's no setup at 9:30 and i take zero trades - that's a win. the system said no trade. i listened. the guy who took 6 trades that day lost $3k trying to manufacture setups that didn't exist
if i see NQ break out but YM doesn't confirm and i DON'T enter - that's a win. the divergence said the breakout is fake. sitting out saved me from a wick-out that would have cost $1,200
if i follow every rule perfectly and still lose $1k because the market did some shit nobody could predict - that's a WIN
if i break my rules, add size emotionally, skip the confirmation, and make $2k because i got lucky - that's a LOSS
"so you're happy when you lose money?"
i'm happy when i EXECUTE correctly. the money follows execution. if i chase money, i fuck up execution. if i chase perfect execution, money comes automatically
this is how you should journal:
TRADE 1: -$890
notes: "session profile confirmed continuation. gap was aligned. SMT confirmed. V-shape was there. entered correctly. stop hit exactly where planned. market reversed off a higher timeframe level i didn't see"
rating: 10/10 trade
reward: went to nice dinner
TRADE 2: +$2,340
notes: "no session confirmation. candle profile was a large wick. entered anyway because i felt like it was going to work. got lucky"
rating: 3/10 trade
punishment: no trading next day
REWARD yourself for the loss
PUNISH yourself for the win
because one had perfect process
one had terrible process
results don't matter. process matters
implemented this for 90 days:
OLD SYSTEM (reward outcomes):
celebrated wins → became addicted to the winning feeling
depressed over losses → avoided taking stops
forced trades on no-setup days → needed the dopamine
result: held losers, cut winners, overtraded
net: -$8,200
NEW SYSTEM (reward execution):
celebrated following the system regardless of outcome
celebrated sitting out when the filters said no trade
punished rule breaks even when they made money
result: let winners run, cut losers fast, took 60% fewer trades
net: +$27,600
same strategy
same setups
same market
different reward system
here's the framework:
GOOD EXECUTION + LOSS = REWARD YOURSELF
you followed the system. you checked the candle. you checked the session. you checked the assets. everything aligned. you entered. it lost anyway. that is a PERFECT trade. pay yourself. nice dinner, movie, whatever
BAD EXECUTION + WIN = PUNISH YOURSELF
you skipped the filters. you entered without confirmation. you traded outside your session. you got lucky. you just reinforced every bad habit that will blow your account next month. punish: no trading tomorrow. no reward
your brain doesn't know P&L
it knows REWARDS and PUNISHMENTS
right now you're rewarding P&L
that's why you're broke
start rewarding EXECUTION
watch what happens
English
Matt Pindroh retweetledi


Kate turned $1000 into $215,000+ in 1 month.
This is a 158,600% return by SPY swing trading options.
While everyone else was scared. SPY dropped ~10% on US–Iran headlines and people sold the bottom. She didn’t. Kate bought the dip.
A few years ago, I grew $350 to almost $1,000,000+ using this exact strategy. COVID was perfect for this.
Pay attention, US and IRAN will resume war in 3 days. You'll only get 1 chance to repeat history again.

English

@RealJGBanks True inspiration! Joined you guys about a month ago and you have a great room! I like how you keep it calm in the chaos!
English

An incredibly RARE, & life changing setup for many has developed on the S&P 500…
Today has officially market the bottom on $SPY before a counter rally back into $696/$702 range.
In today’s session we seen the spike in volume, lower highs on $VIX, & RSI hitting the bottom reversal point.
This opportunity is one you rarely see happen so clear.
Don’t miss it…

English

It sure seems like every online trader is a fraud and that this whole industry needs to burn. The big-name influencers are frauds, the funded trader affiliates are frauds, even the small nobodies are frauds.
There is one point that I think is very important to underscore:
This dynamic exists because being consistently profitable at trading is THAT hard. Not even to make millions, but to just make $200k/yr consistently.
So if you EVER see someone only posting wins or selling a lifestyle or talking about how their followers are all banking…. RUN FOR YOUR FUCKING LIFE!
And if you ARE able to make a consistent living trading, even with the ups and downs, know that YOU ARE FAR MORE TALENTED THAN YOU IMAGINE!
If you feel inferior but are able to support you and your family by trading, know that you are a FUCKING HERO!
Every pro trader I know struggles. Tends to have 1-2 months per year of drawdown. Tends to have a <70% daily win-rate.
Yet go ahead, ask Grok to analyze what percent of pnl posts by Patrick Wieland or Matt Coward are wins. The response is all you need to know. 95%+.
When you see the funded trader influencers or any trader only posting wins, just know:
IT IS ALL AN ILLUSION DUE TO BROKEN INCENTIVES BECAUSE REAL TRADING IS THAT HARD!
English

@hodgetwins Don’t think you could call this a war? We drop some bombs get the job done in a few days, hard to call that a war.
English













