25 | Trader
Houston, TX
Joined December 2014
- Tweets1.8K
- Following356
- Followers438
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Pinned Tweet
26.8k cleared for the month of august with @_toptiertrader. 4 years in this game, just getting started.
Jared McGee retweeted
@VestExchange paid me out on the weekend…
So now I’m scaling this aggressively.
I’m currently trading 8 Vest evals at the same time and I’m already +$500 swinging crypto over the weekend.
Stops are at breakeven.
Now the goal is simple:
Pass as many of these as possible and build a serious stack of Vest funded accounts going into next week.
Because I’ve got a much bigger target in mind.
$100,000 in Vest payouts.
I want to see how far I can actually push this over the next month.
And before anyone asks why I’m going this hard on Vest, a few things have stood out to me:
→ No consistency rule in eval or funded
→ No minimum payout request
→ Unlimited withdrawals in a day
→ Payout requests instantly deducted from account
→ Basically no rules in funded stage
That last part matters a lot to me.
I don’t want to completely change the way I trade just to fit a prop firm.
I want to take the setups I’d already be taking and scale them across funded capital.
That’s exactly what I’m planning to do here.
8 evals running right now.
More accounts coming.
And if everything goes to plan, I’m going to make the road to $100K in Vest payouts public.
I’ll post the passes.
I’ll post the funded accounts.
I’ll post the payouts.
And I’ll post the losses too.
If you want to run it alongside me you can use my link/code here:
CODE MEM
next.vestmarkets.com/r/mem
Let’s see how stupid this gets. 😈
Jared McGee retweeted
Called at 11PM last night for my group.
If you're not paying attention to end of quarter/month. This is usually when we get some pretty big moves as many are taking profits/re-balancing positions.
Needed to see for myself what everyone is talking about with @VestExchange.
Passed overnight on some scalp shorts.
Then caught the open run down to 30,357.
+$21K withdrawn day 1.
To be clear I am not partnered with them. If you are going to trade there you better make sure you have the capital to back it up because the accounts are expensive.
Jared McGee retweeted
heres a prediction for you
futures cycle have topped
revenue will stagnate and drop off eventually M/M
same way CFD cycle topped
cheaters won - tried to warn everyone
crypto/perps is next multiyear
@breakoutprop
@HypernovaX
@ProprXYZ
learn to identify the cycles early
Jared McGee retweeted
Love that I can swing trade the nasdaq with @breakoutprop now.
One of the best props to swing trade with and have zero drama and full freedom.
- no consistency rule
- uncapped on demand payouts
- paid out multiple single 6 figure payouts to traders
- no banning traders after large trades and big PNL
- they have traders who made over 500K in lifetime payouts no banning or removing them from the the firm. You wont see that anywhere else
- static drawdown
Not much more you can ask for with a firm.
I would like to see the fees with XYZ100 come down for more of the intraday traders so they can enjoy lower timeframe entries as well but other than that amazing experience.
CODE “TG”
breakoutprop.com/join/TGCAPI…
Jared McGee retweeted
Once you're making $100K a year from trading look into the following...👇
1. S-Corp Classification. You save on self-employment tax by paying yourself a reasonable salary. The rest gets taxed as a corporate distribution.
2. Invest in the business. Pay for more education. Pay for new evals. Upgrade your setup. Write off the internet/phone bills. Write off the square footage of your office.
3. Use accelerated depreciation. Cost segregation.
Commercial property (Buying the horse farm saved me $400K in taxes. That same $400K went into downpayment). I can write off the mortgage, landscaping, utilities, etc.
Short-term rentals (write off improvements/repairs).
4. Bitcoin mining. You can write off 100% of the equipment cost as well as the electricity bill. I'm working with a company that bills out electricity for the next 5 years.
5. SEP IRA. As an S-corp you can deposit the max amount based on your "Salary".
Jared McGee retweeted
You have to accept that you’ll fail more times than you win. It is simply the probabilities of life. It is also an innate nature of the human experience. No one is born with all the answers. We evolved as a species through trial and error.
Your greatest successes will come from failing and evolving from those failures
Jared McGee retweeted
you seriously need to have an unshakeable belief in your ability to create your own reality.
Jared McGee retweeted
i've now been moved to live at 6 prop firms
topstep, tpt, tradeify, lucid, mff, and apex
most traders never see a single live program. i've seen 6 - so here's my honest ranking of every one (thread)
Jared McGee retweeted
PSP + SMT Fill > 2 Stage Continuation
The ideal continuation sequence for lagging assets utilizing asset synchronization.
I prefer this over the 1 stage variant, SMT fill
When the leading asset trades into a key level, and has few close proximity further draws.
SS PSP confirms lagging asset redistribution and SMT Break.
Jared McGee retweeted
don't listen to people who tell you it's impossible.
i've lost thousands trading live markets.
i've blown opportunities.
made mistakes.
questioned myself more times than i can count.
but i never quit.
the statistics don't determine your future.
your consistency does.
your willingness to keep showing up when nobody believes in you does.
your ability to trust your process when results aren't immediate does.
stop obsessing over your "why."
the moment you need motivation every day to keep going, you've already lost.
fall in love with the process.
because the people who make it aren't always the most talented.
they're the ones who refuse to leave.
Jared McGee retweeted
At Lathyrus, we believe in creating clarity and independence for our students.
We put together a flow chart for the community so each and every person has a clear roadmap for what to look for, remove any guessing games and make trading easier.
But instead of keeping this exclusive to Lathyrus, we decided to post it to the public. We hope this helps those that are struggling.
Thread 🧵
Jared McGee retweeted
There's a lot of filters we utilize. It can be complex if the foundation is not incredibly solid.
Before you look to filter price via the lens of Asset sync, strength switching, Advanced Premium & Discount, Quarterly Alignment etc.
Understand the core logic of the model:
Phases of Price & Swing formations.
3 Relevant Components you must understand:
1. Key level (A universal model | IRL <>ERL )
2. Candle profile that supports expansion (Protraction)
3. HTF Swing confirmation via Crack in Correlation
Trade Sequences:
1. Reversal | Trading the extreme of the the HTF swing formation (Smart Money Reversal / Wick of C2)
~ 2 Stage CiC used to filter a true reversal
~ Emphasis on candle profile, wick size, and LTF reversal signatures as you are trading before the established swing closes as a C2
2. Continuation | Trading within the HTF Swing formation (Body of C2 or C3)
~ Trade from gap away from the swing formation
~ Qualify the intermediate time-frame swing via a crack in correlation (SMT Fill, PSP, etc)
~ Emphasis on gap selection & LTF reversal signatures
Jared McGee retweeted
half of success is just having the audacity to think you deserve more.
seriously.
most people lose to self doubt long before they ever lose to reality
they wait to feel ready. wait for validation. wait for proof they can actually do it.
meanwhile the “delusional” person just starts.
they move before they’re ready. believe before the results exist. keep going while everyone else overthinks.
and somehow life starts bending in their direction.
because confidence changes everything: how you speak. how you move. how many risks you take. how long you survive failure.
people call it delusion at first.
then they call it talent. then luck.
but it was self belief the whole time.
