He Was Gambling With His Paychecks. Then He Made $700K. | Funded Ep. 4

Jake spent the first three and a half years of his trading career putting paychecks straight into the market and watching them disappear. No strategy. No plan. Just gambling with real money and hoping something would click. His dad finally sat him down and told him the truth. Then COVID hit and he locked himself in a room for an entire year. And when he came out the other side, he figured out something most traders never do.

His first three months trading props: $300,000 in payouts. Total since: over $700,000.

In this episode of Funded, host Maryam Rushdi sits down with Jake -- known online as Rake Trades -- for one of the most honest conversations we've had about what it actually takes to last in this game.Jake drops the stat that should reframe every trader's timeline: of the 5% who ever succeed, 90% of them took four or more years to get there.

He gets into why your partner should never be able to tell if you had a red or green day, how he built a performance grading system that took the emotion out of losing, and why mental capital is the thing nobody talks about but everyone runs out of. He also breaks down the exact math that convinced a guy who could already trade his own money to go all in on props instead.

Eight years in. $700K later. This is what the long game actually looks like.

CHAPTERS:
00:00 - If You Succeed in Under Three Years, You're a Statistical Miracle
00:56 - From New York to Puerto Rico
02:44 - Year One Jake Was Really Bad at This
04:08 - Gambling With Paychecks and No Real Strategy
07:40 - The Conversation With His Dad That Changed Everything
09:28 - Your Partner Should Never Know If You Had a Red Day
11:52 - The Daily Loss Limit Is a Skill
19:14 - Three and a Half Years Before Finding Consistency
38:18 - The Math That Made Him Start Trading Props
56:57 - Mental Capital and Why Nobody Can Go Hard All Year

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