- Pip Munch
- Posts
- Not Making Money In Trading? Do THIS.
Not Making Money In Trading? Do THIS.
PLUS: What country has the best prop firms? š¤

Today's edition is brought to you by our 90-Day Prop Firm Masterclass ā A proven blueprint to help you pass prop firm challenges and get funded, risk-free. If you donāt get funded in 90 days, weāll refund you.
āļø GM Munchers! It's the last week of Octoberāspooky season is ending, but the only thing scarier than Halloween is trading without a plan. Let's fix that! šš
On todayās menu:
How To Escape The Cycle of Unprofitability š
Get Funded In 90 Days Or Donāt Pay š
What Country Has The Best Prop Firms? šļø
Bitcoin Breaks $70,000āļø
Oil Prices Are Crashing š
A 4-Step Blueprint to Diagnose Your Trading Problem āļø
If youāre not making money in trading, it can feel a lot like online dating: tons of swiping, zero payday. š
One day, youāre up; the next day, youāre down, and by the end of the week, youāre wondering where all the profits went.
Sound familiar? š„
Hereās the truth: Often, the problem isnāt that you donāt know how to trade. The problem is, you donāt know exactly what youāre doing wrong.
Is it your strategy? Your emotions? Or is your trade management all over the place?
This is where I went wrong for years. šļø
I strategy-hopped more than a caffeine-fueled trader on a Monday morning chart binge.
But hereās the kicker: my strategy wasnāt the problem. It was the 1-2 things I kept messing up, over and over. And it wasnāt until a mentor pointed it out that I finally stopped shooting myself in the foot.
Thatās where this 4-step blueprint comes in. Iāll help you pinpoint the issue so you can fix it and start seeing the results you deserve.
Step 1: Review Your Strategy š§
The first thing you need to do is take a step back and assess the big picture.
Ask yourself:
Is my strategy proven? There needs to be a reason that you believe it will work. While I think backtesting is overrated, a little bit is necessary to prove consistent results over time.
Does it fit my trading style? Are you a scalper trying to use a swing trading strategy? Make sure it aligns with your risk tolerance and, most importantly, your personality.
Actionable Step: First, ask yourselfādoes your strategy actually fit your personality and lifestyle? If youāre working a 9-5, trying to scalp the 5-minute chart isnāt just a bad idea, itās a guaranteed disaster.
If your strategyās a good fit, then dive into the past 30 days of your trades. Compare the winners and the losers.
Did you stick to your strategy, or did you go rogue?
If youāre breaking your own rules, guess whatāthatās not a strategy problem, itās a YOU problem.
Step 2: Analyze Your Emotions š±
Trading is like 80% mental, 20% strategy.
And emotions? Well, letās just say theyāve gotten me into more trouble than trading NFP with no stop loss.
The reality is that emotions can ruin even the best trading plans. ā

Weāve all been thereā¦
Hereās how to figure out if your mindset is sabotaging you:
Do you get anxious when a trade starts moving against you?
Do you close trades too early, fearing a reversal?
Do you revenge trade to āget backā at the market after a loss?
Do you struggle to close your laptop when youāre in a trade?
Can you not fall asleep when you have a trade running?
Actionable Step: I know, trading journals are about as exciting as watching paint dry. But, theyāre the only way to really study and understand your emotions in trading.
Donāt just log your tradesātrack how you feel at each stage.
Jot down your emotions when you enter, while the tradeās running, and when you exit.
Review it after a week, and youāll probably be shocked at how much your emotions are driving your results.
Itās like a hidden map to whatās really going on with your trading decisions.
Step 3: Fix Your Trade Management š ļø
When I first put this blueprint to work back in 2021, I was feeling pretty good.
My strategy was solid and aligned with my goals, and I had (mostly) tamed my emotional rollercoaster.
But then things started to crack. š¬
It didnāt take long to realize that my trade management was the culprit behind my endless cycle of small losses and hovering around breakeven.
Hereās how you can tell if youāre in the same sinking boat:
Are your stop losses set right? Too tight, and youāre getting stopped out constantly. Too loose, and you're exposing yourself to huge losses. Itās a delicate balance. Click HERE for my 10-minute guide on nailing the perfect stop loss.
Do you over-manage your trades? Trading is like cooking a steakāif you keep poking it, youāll never get that perfect sear. Same with your trades. Constantly moving your stop-loss or take-profit levels could be sabotaging your strategy.
Can you walk away? If you canāt shut your laptop and let the trade breathe, youāve got a problem. Let the market do its thing, or youāll end up overthinking every move.
Actionable Step: Focus on setting predefined stop losses and take-profit points before you enter a tradeāand then stick to them. Trust your original analysis and avoid changing plans mid-trade.
Thereās nothing more liberating than setting your stop loss and taking profit levels and then just walking away.
Step 4: Track Your Performance š
Our philosophy at Pip Munch is simple: Donāt trust an influencer with neck tattoos and a rented Lamborghini. Trust the data. š»ļø
None of this will matter if you arenāt tracking what youāre doing.
The only real way to level up is by reviewing the data, figuring out whatās working, andāmore importantlyāwhat isnāt.
Are you tracking your win/loss ratios?
Do you know which assets perform best and worst for you?
Do you break down your winning vs. losing trades to spot patterns?
Which day of the week do you see your best (or worst) results?
Are you only taking those A+ setups, or are you jumping on anything that moves?Are you only taking A+ setups?
Actionable Step: Track everything.
Not just the setup, but what happens before, during, and especially after you exit the trade. Take screenshots, note your thoughts, and collect as much data as possible.
After a month, analyze it like your profits depend on itābecause they do. Spot the trends and find out where youāre crushing it (and where youāre crashing).

This was my journal in Notion when I was taking my FTMO challenges in 2021.
TLDR š§µ
If youāre not making money in trading, the MOST important thing is to figure out why.
You canāt solve a problem you havenāt identified.
This blueprint is designed to help you pinpoint exactly whatās holding you back so you can fix it and start making real progress.
Strategy Check: Does your strategy fit your lifestyle and goals? Review your tradesādid you follow your strategy or break your own rules? If youāre breaking rules, itās not the strategy. Itās you.
Emotions & Mindset: Keep a journal of how you feel before, during, and after each trade. Emotions play a bigger role than you think. Study them.
Trade Management: Are your stop losses and trade adjustments on point? Stop playing with your trades like a fidget spinner. Set your plan and stick to it.
Data & Review: Track everything. From setups to outcomes. Once a month, review the data to see patterns, trends, and what needs tweaking.
The blueprint is simple: Figure out whatās broken, fix it, and watch your trading improve.
It fixed my trading. I hope it can help you, too.
Want to Get Funded in 90 Days?
It's Risk-Free. ā
Our 90-Day Prop Firm Masterclass guarantees you'll get fundedāor your money back.
Here's the deal:
ā
90-Day Blueprint ($7,000 Value) ā Proven strategies to pass prop firm challenges and quit your job.
ā
Complete Analysis Bundle ($5,000 Value) ā Full technical and fundamental strategies, backtested and ready.
ā
Weekly Live Q&A ($4,000 Value) ā Direct support to refine your trading strategy.
ā
Lark Funding Giveaways ($2,000 Value) ā Weekly challenge giveaways. No upfront costs.
ā
Lifetime Access ($3,500 Value) ā Stay updated with all future courses and materials.
ā
Private Trading Community ($4,000 Value) ā Join our network of traders for ongoing support.
š„ Total Value: $25,500, Now $99/month (50% off for early members)
The best part? If you donāt get funded in 90 days, weāll refund you. šø
Only 25 spots available, and 7 are already gone.
Pre-order now and get 50% off before the December release.
Want to learn more? Check out this Loom video for all the details.
Act fast before the remaining spots fill up. Click HERE to reserve your spot.
What Country Has The Best Prop Firm? šļø
I recently came across this fascinating map (creds to Prop Firm Match) that pinpoints the locations of every major prop firm worldwide.
Itās like Christmas came early! š

Pretty cool, right?
From the U.S and Canada to the U.K., and as far-reaching as South Africa and the UAE, this map shows proves one thing: prop trading is truly a global phenomenon.
Whether youāre looking at heavy-hitters in the U.S. like Topstep and MyFundedFX or checking out the UKās strong lineup with Alph Capital Group and FTMOās European dominance, itās clear thereās no shortage of options for traders.
The real question, though, is which country has the best prop firm? š¤
Well, thatās a conversation for another day.
But the good news is this: The prop firm scene is thriving and thereās never been a better time to be a trader.
āļø Pre-Market Fuel
Bitcoin breaks $70,000. š Weāre so close to all-time highs we can almost taste it.
Oil is tanking. š It had its largest one-day fall in over two years. This is looking good for global risk sentiment AKA stocks and crypto.
Will Kamala be on Joeās podcast? šļø Looks like sheās only willing to do it if itās on her terms.
šŖ Munchy Memes
Prove us wrong.
ā Pip Munch (@pip_munch)
11:57 AM ā¢ Oct 29, 2024
2035: " mom, why is our family rich ? "
" because dad believed in Bitcoin "
ā naiive (@naiivememe)
5:58 AM ā¢ Oct 15, 2024
What do you think of today's edition? |
Share Pip Munch
Chances are you have some trading friends. Why donāt you be a pal, share Pip Munch and earn some goodies for it?
You currently have 0 referrals, only 1 away from receiving The Trading Plan That Helped Me Pass 4 $100,000 FTMO Challenges.
Or copy and paste this link to others: https://pipmunch.com/subscribe?ref=PLACEHOLDER