Technical analysis by David_Perk about Symbol BTC on 12/7/2025

Hey traders let's have a look at prop trading again. It's a great opportunity for the skilled traders who has good strategy, discipline and mastered risk management. Let's start with the numbers which many traders and misunderstood. 📌 Prop firm facts - $100K account with 10% max drawdown means you got $10K account, not $100K - Goal of 10% to pass phase 1 while you can risk 10% means 100% gain - Goal of 5% to pass Phase 2 while you can risk 10% adds another 50% gain. - You will literally be funded after making 150% not 10% and 5% ⁉️ Does it mean it's impossible to get funded ? Yes it's possible, next to good strategy you need, discipline and mainly you just need to adjust your risk management. If you make 150% in year as a Hedge fund manager you will be a superstar trader. Yet people still want to pass prop challenge in a less than week or in a few trades which means not sticking to the risk management. 🔗 Click to the picture below to Learn more about Prop Risk management 📌 How to make $20 000 a month ? Magic of 3% Yes, you actually need to make only a 3% a month. Is it difficult ? No, It's not. You need 3 wins with 1:2 RR while risking 0.5% Risk. 1️⃣Your Ultimate goal - -$100K Funded account - 3% Gain - 80% Profit split = $2400 Payout 2️⃣Let's take it to $20 000 a Month Don't try to increase your % gains per month, increase your capital under management - Get another 4 x $ 100K Challenges pass them - You will have $500K AUM: - $ 500 000 - 3% Gain - 80% Profit split = $12 000 3️⃣Reinvest buy another 3 - 5 challenges aim for $ 1000 000 funded across few solid props firms. 🎯 $ 1000 000 - 3% gain - 80% Profit Split = $24 000 Payout 📌 Have a long term plan this is not gonna happen in few months. It's a year plan - But you got this... 💪 With approximate cost of $500 - $600 per $100K challenge you will need to spend apron. $5500 to get $1000 000 funding. You will fail some, its unavoidable, so let's count with more might $10K. But still , you can start with first $100K an then reinvest to another challenges. You dont need $10K investment right now. But later this $10K and 3% gain and 80% profit split is $24 000, even more then $20K. 📌 Difficulty is not technical, but in patience I speak from experiences that my biggest mistakes was trying to pass quickly or when I was in drawdown I started to gamble. Be patient and stick to the rules. If we stick to 3% a month without progressive risk management it would be 4 months to get funded. If you do progressive risk management you can do it faster, and once you are confident you can run multiple challenges at the same time. 📌 Long term plan requires perfect planning Find 60 minutes just for yourself and this about these questions below, write the answers to to the paper, think about the execution of your project. I know you didn't do it now, but come back to this and do it again. You need to visualize your future successful yourself and remind that visualization every day. I recommend a book - Psycho-cybernetics from Maxwell Maltz it will help you define your self-image of successful trader in the fact this book will change your life. 📌 Essential Rules for Prop Trading -Its not a straight forward game -Reduce number of trades - Only A+ Setups - Grow Your Capital Under management in multiple firms not % gains - 3% is a golden profit in prop space to live from trading ❌ Dont do this If you don't trade well on small account, getting prop firm will not change it. Don't expect it to be a solution to bad financial situation. It's extension. 🧪 Trading is not hard we often overcomplicate it I believe you already few great trades in a month, but you also have many unnecessary ones, look at your last few month results and check if would be able to make 3% if you excluded those unnecessary trades. I sure you could ant thats what you have to do Switch from machine gunner to a Sniper. Write this on a paper and put it somewhere so you see it every day. 🎯 $ 1000 000 - 3% gain - 80% Profit Split = $24 000 Payout 🎯 $ 1000 000 - 3% gain - 80% Profit Split = $24 000 Payout 🎯 $ 1000 000 - 3% gain - 80% Profit Split = $24 000 Payout $1000 000 Funding !! - Your ultimate goal for 2026 💪 I promised myself I’d become the person I once needed the most as a beginner. Below are links to a powerful lessons I shared on Tradingview. Hope it can help you avoid years of trial and error I went thru. 📊 Sharpen your trading Strategy ⚙️ 100% Mechanical System - Complete Strategy 🔁 Daily Bias – Continuation 🔄 Daily Bias – Reversal 🧱 Key Level – Order Block 📉 How to Buy Lows and Sell Highs 🎯 Dealing Range – Enter on pullbacks 💧 Liquidity – Basics to understand 🕒 Timeframe Alignments 🚫 Market Narratives – Avoid traps 🐢 Turtle Soup Master – High reward method 🧘 How to stop overcomplicating trading 🕰️ Day Trading Cheat Code – Sessions 🇬🇧 London Session Trading 🔍 SMT Divergence – Secret Smart Money signal 📐 Standard Deviations – Predict future targets 🎣 Stop Hunt Trading 🧠 Level Up your Mindset 🛕 Monk Mode – Transition from 9–5 to full-time trading ⚠️ Trading Enemies – Habits that destroy success 🔄 Trader’s Routine – Build discipline daily 🛡️ Risk Management 🏦 Risk Management for Prop Trading 📏 Risk in % or Fixed Position Size 🔐 Risk Per Trade – Keep consistency