Prop Firm CEO: Top Trader Habits

What thousands of funded traders taught them—and why you might be trading too much

I hope you had a great weekend.
Relaxed, refreshed and ready to rock 😎

One thing I like about the prop firm boom?

A lot of founders are speaking openly, sharing what they’ve learned from watching thousands of traders.

👉🏻 Michael Patak from TopStep is always posting on X.
👉🏻 Saul Lokier, 5ers CEO, joined the podcast last year. (He shared a lot of details…)

And recently, James Glyde from a smaller firm called Pipfarm shared something that caught my attention…Short and sweet today, a book recommendation.

But this time, not a trading book…. no no.

This one’s from Peter Daniel.

My pal, Level Up call host, and trader of many decades (he threatens me with violence if I reveal the exact number… don’t you Peter 🙂)

WE ALL KNOW IT… FEW ACTUALLY DO IT

“The traders that make the most, and make it consistently, they trade very infrequently, which means they are waiting for the right setup…”

“So they have patience”

Not exactly groundbreaking, right?!
But… how many of us are actually doing it?

You might think: “Yeah, but I’m the exception to the rule.”

Maybe.
But why play the game on hard mode?

Whether you’re trading prop or cash, the principle holds:
Pick your spots. Wait for quality. No rush.

🎥 Here’s the full YouTube interview (starts at 43:49)