John Meli was a volunteer firefighter, martial arts enthusiast, and plumber, before starting his own general contracting business. However, when the recession of 2008 hit, John knew he needed to pivot and find a new way to support his family. It was then that he discovered the stock market. As one of Casey’s early students, John began to excel, and now, many years later, is a seasoned prop firm trader and trading coach. In this episode of How To Trade It, John shares some practical and personal advice on how to pass those tricky prop firm tests You don’t want to miss it!
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You'll want to hear this episode, if you are interested in...
- [02:43] The biggest challenge to prop trading
- [03:45] How prop trading can make you a better trader
- [05:25] Prop firm rules
- [13:15] The primary way to “make money in the markets”
- [23:40] How to pass a prop firm trading test
The Big Challenge
It’s so easy to hit your loss limit when attempting to prop trade. John thinks this is the single biggest obstacle to getting started. Taking John’s advice can help you bypass this hurdle altogether.
Prop Firm Rules
We all think we know the rules, but we don’t. Yep, you guessed it - both John & Casey FAILED their first prop trading tests, by making this rookie mistake. Prop trading is a completely different beast, so the rules can be expected to be different as well.
Passing the Test
Spending $600 to get $100,000 to trade sounds like a pretty sweet deal, right? Prop trading has completely changed John’s life, and he wants to help you learn to do the very same thing.
Resources & People Mentioned
Connect with Casey Stubbs
- Website:
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Grab your copy of the Complete Trading System This book teaches you how to build a trading system from the ground up and how to become profitable in the markets.
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