This Ha Never Happened To Me When Trading Prop Firms Until Today!

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What’s going on, guys? So, something that has never happened before to me actually happened today, and I’m gonna show you what it is and explain uh everything about it. Before I get into that, we stream live every single day. Be sure to subscribe below. Uh smash your like button. Um also, we’re going to play some poker tonight in the Discord. So, the link to the Discord, it’s free, is in the description of this video. Um, also if you want to support

The stream, use code Cove Trader. If you’re looking for all those Black Friday deals, exclusive prop firm deals, there’s a link in the description of this video also. All right, so let’s just get into it. I have never done this in my life. Um, so I went a long time without blowing any funded accounts. I’m at 15 prop firm payouts in the month of November. Um and freaking boom Apex today. Uh yeah, just everything was going good today, too. To be

Honest with you, my Fedas funded accounts are up. I’m almost at a payout with them. Almost for at a $2,000 payout with them. Um you know, I was up with them in the morning. Um, I was up here, but uh, yeah. So, I took obviously I blew I blew all these accounts. Um, this one is close to a payout. I didn’t trade that today. Uh, this one’s close to passing. Obviously, I’m going to have to build this back up, but uh,

So one thing you could do is these were the, you know, I could just start slamming all my accounts because I’m mad, right? Oh, no, no, no. I stop. I regroup. Um, you know, this was at like 300 bucks. I got this to 5.88. And then I went to Lucid. This is a funded account. I did 309 in there. I uh, you know, I added this. This is a funded account. I did 432 in there. And then I ended up passing

A my funded futures account. Um, I also did 632 in a my funded futures funded account. I did I think 350 in another funded account. and I turned my whole day around. Um, yeah. Does it suck that this happened? Yes. But am I just going to blow all my accounts? Because, you know, honestly, I wasn’t DCAing or anything. Um, I was a lot of the times what was happening was see all these big like wicks. I would get in and it

Would like wick me out and then all of a sudden it would pop. And I was like, that’s what happened a couple times. Uh, my stops just weren’t big enough. Um, one time I was up $450 in a lot of these accounts and I didn’t take the gains. Um, you know, that’s kind of what happened. And you know what’s the craziest craziest part about it? If you were on the live stream, I shorted right here. Uh yes. So basically we made

A lower high and we came back through the top. I actually shorted right here. My stop was up here. I shorted right here. And literally I shorted it for from here to like here. And I thought that was a good trade. And then yeah, it wasn’t. But uh yeah, I literally shorted the top which is the craziest part about it. So, you know, listen, I regrouped at lunch, came out, fired a bunch of winners. Um, and that’s it. I’m just going

To have to build back tomorrow. And the next day, uh, Apex is 80% off with $40 activation fee. Uh, not yeah, $40 activation fee. And I’m just going to have to get some more accounts. Um, and that’s pretty much it. like there’s there’s, you know, I can’t feel sorry for myself. I’ve gotten 15 payouts this month. Uh I can lock in another payout tomorrow. I locked in a Wealth Charts payout for uh two days from now. I just got a flip.

Uh Fidas is close to a payout. I mean, I could do another 10 $12,000 of payouts by the end of the the month. So, I’m not going to let one thing ruin me and just be like, “Oh man, this sucks. I’m going to revenge trade.” No, that’s not how it works. So, I’m looking for the long tonight um to come back. So, we swept these lows the month the previous month low. We swept and I’m looking to come back through the

Top. So, we pro maybe we’ll see 24,000 here and then I’m going to try playing it to the upside. That’s my game plan. If it happens, it happens. If it doesn’t, I probably won’t play it. So, um do I think this is super bearish? Somebody asked, “Yeah, it’s not it’s not freaking good.” Um, you know, but you got to also remember from the top we are down 2300 points, which is almost 10%. Uh, I originally said my original target was 23,000.

So, we got probably another,000 points to go down. Um, I’m going to start adding in my stock and options portfolio somewhere around maybe hereish into here and then uh we’ll see the total down where I think the furthest we’ll go down is literally 21,000. So, you know, I could see us coming down to 21,000. People are like, “Oh, you’re crazy. That’s like 30% down.” Well, that’s the last I’m going to start adding money here and my last bit of money will

Be added down here. So, we’ll see what happens. Um, you know, I want it to dip and it’s coming down. So, got any questions? I’ll see you on the live stream tomorrow or come in the Discord tonight. Hast.

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Today’s GEX Levels

Aug 03, 2026 · gamma regime: NEGATIVE

NQ

Flip 28,472 · Call Wall 28,907
Put Wall 28,081 · HVL 28,907

ES

Flip 7,542 · Call Wall 7,572
Put Wall 7,350 · HVL 7,552

Dealer gamma from SPY/QQQ options OI, rescaled to futures. Updated each weekday pre-market. Context, not signals.

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