Ray Vaughn wasn’t your average musician, and he’s also not your average trader. If you didn’t get it from the title, he managed to qualify and withdraw from a trading prop firm in just 2 days (probably a world record). To find out how he managed to do it, along with his advice for newbie traders, keep scrolling below.
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[07:15] You need to make a trading plan and stick to it to the best of your ability.
[12:11] Do the analysis before, trust yourself, and simply follow it.
[24:30] Prop firms are giving opportunity to people who may not have a certain amount of capital.
[25:26] You have to prepare before the opportunity comes.
[33:22] The easiest way to trade is by learning market structure first.
[35:32] Stick to one [currency pair], that way you have one directional bias, and no matter what market condition it enters, you have a better chance of being profitable.
[41:08] If you visualize yourself watching the candlesticks form, watching the market pull back towards your entry, and being calm and collected, it becomes easier.
[44:42] Start to understand how supply & demand works in the market.
[47:09] Never give up on yourself. Understand that anything you perceived as possible will become your reality.
[47:19] Focus on the end goal and start creating your future towards it.