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Day trading is a very sophisticated job

I’ve run free trading communities since January 2020, and have talked to hundreds of traders. I can tell you that virtually none of them collect or analyze data in their trading. A large number of traders that get into this think this is the easiest way to make the most amount of money. You can just click buttons on the computer and print millions, right? Sure, you can sit here and click buttons and make millions but the workload is extremely high. The truth is you'll be putting in years of hard work to get there.

Showing up and trading is not good enough.

The scariest part about trading is that I’ve dealt with traders that put in years, I’m talking close to 5 years of work doing this every day and they skipped over the trader work; the reviews and data; the cultivating of their psychology. And they are not making much progress. Those 5 years are 5 precious years you can never get back. As you get older you start to realize how time is your most precious asset.

I have an obsession with cracking the failure code.

I figured it out in 4 years, and I’m still figuring out how to improve to the point where my accuracy gets higher. 

I owe data collection and analysis through trade tagging as a pre-cursor to my success. I believe in it so much I had my own platform built called TradeCraft. I worked relentlessly on the psychological issues and I even took classes such as NLP, and hypnosis certification programs just so I could concur my mind.

I believe in what I preach. I’m coaching another trader to become a full-time prop trader for me. He’s currently being coached for free until his first payout. It’s been over 6 months, and we’ve not hit his first payout. After that we will spilt profits 50/50. I’m taking tremendous upfront risk to do this work for nothing. That’s how much I believe in my approach.

We're seeing drastic improvements, and this trader only had a little over a year trading futures.

Now, you can make the process shorter by doing the work, and even that has a long journey. However, spending 5 years to get virtually nowhere with no idea of what’s going on and just speculating is unnecessary – it’s downright scary! I’ve even seen 10-year traders in that boat.

Here at Fat Cats of Wall Street you get to see my growth, as well as my prop trader Chronik. You get to see documented experience every day in the trenches. You get to see the reviews, the lessons, the pivots, the system, the edge. You get to see trader evolution, and statistics. 

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Fat Cats of Wall Street is more than a source of education and ideas; it's an archive of traders' journeys. That way, 5 years from now you can go through all of this material and see what it really took. 

-Fat Cat

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