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☀️ GM Munchers! It’s Monday, which means the markets are waking up slower than we are—but don’t worry, we’ve got the caffeine and the charts to kickstart your trading week!

Do you want to get funded in 90 days? Our upcoming Prop Firm Masterclass promises to help you do just that—or you won’t pay. Click HERE to join our free Skool community and get all the details.

On today’s menu:

• 7 Ways To Double Your Prop Firm Pass Rate 💪

• Get Paid To Pass Your Challenge? 😯 

• Your Guide For The Week Ahead ✅ 

7 Ways To Double Your Prop Firm Pass Rate 💪 

Last week, I told you that if you're serious about getting funded before 2025, it’s time to stop hitting snooze and start hitting your goals.

Well, the clock’s ticking—now you've only got 65 days left to make it happen. So if you’ve been procrastinating, it’s time to kick it into gear.

And if that doesn't light a fire under you, here’s a little motivation to get things rolling:

But hey, we’re all friends here.

So let’s dive into 7 actionable ways to boost your pass rate and end 2024 on a high note.

Ready? Let’s do this. 🚀 

1/ Better Place Your Stop Losses 🎯

Stop losses aren't just there for decoration. ❌ 

They’re like airbags—unnecessary until you really, really need them. Placing them too tight, you’re getting knocked out faster than a trader during a caffeine crash.

Too loose, and you’re just donating money to the market gods.

Here’s the play: Where does price need to go for your trade idea to be 100% incorrect? 

The answer to that is where you should put your stop loss.

Another pro tip 👉️ Improving my stop-loss placement doubled my win rate overnight. I’ve got a 10-minute video guide for free inside our Skool community. Click HERE to grab it.

2/ Use Dynamic Risk 📉➡️📈

Traders love to play hero with their challenges, but if you’re on the verge of failing and still risking 1-2% per trade, you’re basically driving without brakes.

Enter dynamic risk.

What’s that mean? If you’re in drawdown, cut your risk in half. Go from 1% per trade to 0.5% or even lower.

Why?

Because at that point, it’s not about making money, it’s about not losing.

The goal is simple: Don’t blow up. 💣️ 

Ever seen a soccer team bunker down and play defence for the last 10 minutes of a game? Same thing here. I

It’s boring, but it’s about waiting for your momentum to return.

Keep losses tiny, and live to fight another day.

3/ Stop Trying to Pass, Focus on Protecting Your Investment 🔒

Warren Buffett’s first rule of investing is don’t lose money.

And his second rule?

Follow rule #1.

Everyone’s so fixated on passing that they forget the first rule: Don’t lose your capital.

Passing comes from solid trading, and solid trading comes from sometimes playing defence.

And you know what’s worse than not passing? Failing. 😥 

Shift your mindset—your goal isn’t to pass as fast as possible. It’s to not fail. Protect your investment, and the passing will come naturally.

You wouldn’t YOLO your life savings into a random meme stock, right? So why treat a prop firm challenge like a casino? Protect your downside, and the upside will take care of itself.

4/ Higher Timeframes Are Your Best Friend ⏳

Zoom out. Seriously.

If you’re stuck on the 1-minute chart, you’re basically trading noise. It’s like trying to predict tomorrow’s weather based on which way the wind’s blowing right now.

Higher timeframes filter out the randomness. You get the real trend, the real levels, and avoid getting caught in every little market fakeout.

Plus, your entries will have more confluence, and your stop losses won’t get hit as easily (see point #1).

This is about slowing down, not rushing into trades like a caffeine-fueled day trader who just discovered Fibonacci retracements.

5/ No More Market Orders—Switch to Pending Orders ⏱️

Ever clicked “Buy” or “Sell” just to realize you hit it a second too late? Suddenly, the market’s against you, and you’re questioning your life choices.

Enter pending orders. ✅ 

Pending orders are like setting traps in the market.

You let the market come to you rather than chasing it like a trader late to the party.

You know your levels, so set a limit or stop order and walk away. This gives you a much better entry and takes emotions out of the equation.

And trust me, I don’t think anything improved my trading as much as pending orders.

No more FOMO entries. Just precision.

6/ Forget Demo Accounts—They’re a Lie 🤥

If you’ve been trading for more than 6 months, forget the demo accounts.

Demo accounts are like training wheels—useful at first, but if you stay on them too long, you’re not learning how to actually ride.

Real trading has two things demo accounts don’t: money and emotions.

By year 5 of not making money, I realized my problem was poor execution and emotioms.

Two things that DON’T improve with demo trading. ❌ 

The first time you put real capital on the line, it’s like stepping into a new world.

The moral of the story: Get off demo and into the real thing. You’re not a robot—emotions and execution only improve with real skin in the game.

7/ Embrace Losing Streaks 🛑💥

Here’s a spicy take: Losing streaks are normal. Let’s say that again for the people in the back—losing streaks are normal.

The pros? They don’t freak out when they’re 3, 4, 5 trades in the red. They expect it.

What they don’t do is revenge trade, up their lot sizes, or start tweaking their strategy mid-game.

Every trader loses. 📉 

But winners keep their cool and stick to the plan. Your job isn’t to avoid losing streaks, it’s to handle them like a pro.

Stick to your risk management, and you’ll get through it.

If you’re melting down after every loss, you might know this intellectually but not intuitively and something needs to change.

Learn to embrace the drawdown, trust your plan, and keep moving.

The Bottom Line 💥

I didn’t get $400,000 in prop firm capital by having wizard-level trading skills.

All that’s required is discipline, a solid strategy, and the ability to handle the mental game.

Follow these 7 steps, keep things simple, and you’ll double your chances of passing.

Or you could keep winging it—just don’t say we didn’t warn you. 😉

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Your Guide For The Week Ahead 🚀 

Here’s everything you need to know to munch on some pips this week:

1/ Japanese Election Shocker 🍱
Japan’s ruling LDP party lost its majority in the lower house, leading to a Yen gap at market open. While it’s already recovering, uncertainty over the Bank of Japan’s policy remains a hot topic. Keep your eyes on the Yen as things unfold.

2/ Middle East Tensions Ease 🌍
Over the weekend, the minimized threat of retaliation in the Israel-Hamas conflict led to a drop in oil prices and a healthy rise in equities. This could shift risk sentiment but don’t take your eye off the headlines just yet.

3/ Europe’s Double Trouble on Thursday 🇪🇺
We’ve got both European inflation and unemployment data dropping. Inflation’s expected to tick up slightly, and unemployment should hold steady at 6.4%. Keep these prints on your radar—they’ll shape the ECB’s next moves on rate cuts.

4/ NFP on Friday 🧨
Get ready for fireworks! The US Non-Farm Payrolls (NFP) are due, with unemployment expected to stay at 4.1%. But as always, expect wild swings. If you’re not in the mood for volatility, it might be time for a long weekend.

☕️ Pre-Market Fuel

1. Get Funded In 90 Days Or Don’t Pay. Get first access to our Prop Firm Masterclass where if you don’t get funded in 90 days, you’ll receive a full refund.

2. Trump On Rogan. I spent my Saturday morning watching the 3-hour interview which already has 33 million views. 🤯 It’s worth watching!

3. Why Traders SUCK At Trading XAUUSD. See our latest YouTube video.

🍪 Munchy Memes

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