Ex Floor Trader: The REAL Reason You're Not Making Profits (And How To Fix It!)
Description
Best offers for funding with FundedNext:https://fundednext.com/?fpr=tot(Or Use Code: TOT)
30% off all funding with Alpha Capital: https://app.alphacapitalgroup.uk/signup/TOT(Or Use Code: TOT)
Find the best funding discounts with PropFirm Match: https://bit.ly/PropFirmMatch(Verified Reviews + Best Discount Codes in One Place)
Get Up To 40% Off Alpha Futures funding: https://app.alpha-futures.com/signin?next=%2F (Or Use Code: TOT)
Get 20% off journaling with Tradezella: https://www.tradezella.com/?via=waqar(Or Use Codes: ToT10 or ToT20)
------
Michael Katz, a 17-year trading veteran and founder of the first stock market prop firm, shares his journey from gaming to trading, lessons from managing 70+ traders, and how to master psychology, risk, and strategy in today’s markets.
🔗Connect with Waqar here:
https://www.youtube.com/@WaqarAsim./videos
Titans Of Tomorrow here:
https://www.instagram.com/titansoftomorrowpodcastGuest:https://x.com/michaelttp?lang=en
----------
1:31 - 5:12 Intro & Michael’s Trading Journey
5:13 - 9:46 Scalping vs Intraday: Finding His Style
9:47 - 13:58 Psychology & Learning to Walk Away
13:59 - 18:36 Pre-Market Routines & Meditation for Traders
18:37 - 23:09 Building Traders & Mindset at the Prop Firm
23:10 - 27:54 Team Trading, Roles & Risk Management
27:55 - 33:16 Michael’s A+ Setup: Reversals & Volume Analysis
33:17 - 38:41 Market Manipulation & Institutional Tactics
38:42 - 43:28 Patterns, Liquidity & Stock Market vs Forex
43:29 - 49:15 Prop Firms: Stocks vs Forex & The Evolution of the Industry
49:16 - 55:17 Traditional Prop Floor vs Online Prop Firms
55:18 - 1:00:02 Scalping, Star Traders & Personality Types
1:00:03 - 1:05:40 Online Prop Success: Risk Controls & Payout Behaviors
1:05:41 - 1:11:12 Penny Stocks, Scalps & Risk/Reward Profiles
1:11:13 - 1:17:30 Stop Losses, Risk Lessons & Michael’s $91k Loss Story
1:17:31 - 1:22:14 Recovering from Losses & Is Trading for Everyone?
1:22:15 - 1:26:19 Long-Term Goals, Realistic Expectations & Final Advice