Auto-generated transcript below — expect the occasional typo and a lot of trader slang.
Transcript
Speaking of the whole off-stream guru and being misleading and all that, what do you I mean, we’ve talked about it off-stream. Oh, it’s Shawn. — Oh, is it? — What up, hey friend? — My chat’s delayed. — Hey, friend. — What’s up, friend? — Um what about all these prop firm channel prop firm YouTube channels that are now doing TV shows? And and most of most of the I’d say 90% of
the people that they have as their, you know, analysts and their professional, you know, not professional traders, but the people that they pay to be on there as their job to be on there and talk about the markets and trade with people in the chat, you know, the prop firm’s customers. You know, — Yeah. — then none of them 90% of them don’t even aren’t even profitable traders, let alone get payouts.
— I think which would be awesome. I think this is the greatest idea cuz we’ve talked about it. I mean, if you’re on well, I’ll just take Topstep, right? If you’re on Topstep TV, you should Well, if you’re on there every day, I’m not saying a guest once in a while. Like, if you’re on there every day, Topstep should show your that person’s expenses and payouts or just make it like a
net number. Like, hey, this is my net profit. They should show that person’s net profit only with Topstep accounts of the year. Not Who gives a [ __ ] what that person did in their personal If If they’re on Topstep, who cares about — my broker statement, nobody gives a [ __ ] about your broker statement, right? We’re all here for prop firms. — They should just show the people, if you’re
on Topstep TV as somebody that’s there every day, you should show the people your net profit on Topstep for 2026. And that not only provides transparency, but it also shows the people like, “Hey, if I’m listening to this guy, I want to see how good he is. I’m not just taking his word for it.” — Yeah, keep score. Keep score with the experts that they’re parading out there as coaches. — Well,
when you go on — They don’t even show their [ __ ] account balance. — When you go on CNBC, you know, they’re like, “Hey, this guy’s fund is up 20% this year.” Like, oh, you’re like, “Oh, cool.” Like, Yo, it’s it’s straight up telling you the performance. Like, if they have somebody on there every day, and this goes for any show, like, any of the the prop firm TV shows. —
Yeah, my phone in the future is you got Trade Ify or Trade Ify. — FTD has one. — FTD has one. Now, we got prop firm. And then you got like other Well, they — I saw Blue Sky has one now. Like, — has one, yeah. — I think it should just be out in the open, and it’s like, “Hey, you know, we, you know, this is what this person is doing
at our firm only. Obviously, they could have accounts elsewhere.” And it should just show documented payouts. Um, they should show account numbers. They should be just transparent with the people that are tuning in every day. Cuz like, I’ll go to like, so I’ve gone to some of these other TV shows, and I’m like, “I’ve never seen this person before.” But that person could be really good at trading. Like, how do I
know if I’m I’m taking the the prop firm’s word for it? Like, it would be cool to say, “Hey, look, this guy’s up 40 grand this year at X prop firm that that he’s on their TV show.” I’d be like, “Cool, man. Like, that’s a great number.” Cuz if he’s up 40 on there, I don’t know, he could be up another 100 elsewhere. And you’re like, “All right, this guy can really
trade.” Like, I just want to know I would just love to know where a lot of these people are at. And it’s — Yeah, they’re making more money in payouts than it’s costing them in accounts. I mean, that’s the biggest — Well, yeah, I mean, and at what level? Like if it’s May and you made $2,000, like I probably shouldn’t be following them. You know what I mean? — You got guys
You got guys You got guys putting out videos being like I made $24,000 in payouts in 2025. — I’m saying the space in general — Which is great. It’s great. But don’t Don’t call your account — in general though, it needs to be more transparent. It does. Like I don’t know. I mean, that’s how I feel cuz there’s all these influencers that are on these shows. And I think it’s great that
these prop firms have shows. But I also think if everybody was making money on these shows and people in the chat were following them essentially the prop firm would be losing money. But I’m But some of them have to be making money in order to get there. But who the hell knows? Like I don’t know. — I don’t know. I don’t know how it works. — I’d love to know how it
works. — I don’t know what they base it on. I mean, you got a guy on No, you know, on on my phone the futures burning through [ __ ] hundreds of thousands of dollars in in personal accounts. What are the personal accounts? You know? — I I mean — [ __ ] on the industry, but they let him I guess they just keep him around cuz he gets people to watch
to see what dumb [ __ ] he’s going to say next. I don’t know. — I mean I don’t know. I I would Yo, what’s up everybody? If anybody’s in here, come say what’s up in the chat. We don’t We don’t bite. Um Yeah, man. That’s how I feel. I mean, I just feel like the industry needs to be a little bit more transparent if you’re going to be And you’re You’re
essentially employed. You’re employed — Yeah. — by a by a prop firm They should just kind of be transparent about hey — It’s just like bro, the top step like in-house account, like that [ __ ] loses every almost every day. — Well, at one point they were transparent about it. They were showing the every day the P&L until — They’ll show it. They’ll show it, but now they don’t take They
don’t take big gains or losses. They — Yeah, cuz they were taking an absolute bath. — I don’t even know what the in-house account means. Was it like real money or was they just Was it No one No one will ever know, but — Bro, if you’re the if you’re if you own that firm and every day that [ __ ] account is negative, that [ __ ] becomes paper money. Like,
why would you want to do that? — money Yeah, that [ __ ] was losing thousands of dollars a day. Every day. — Yeah. — And then they slowed that [ __ ] way the [ __ ] down, but I don’t — Dude, I had the best idea in the world. At one point, I was going to make a an X account and it would literally just let people know when Topstep
buys anything. — That’s the That’s the the best indicator is when they go when when the house account gets into a trade. — Just go the opposite way. — People fade Dakota all the time, too, which is weird cuz he’s, you know, the golden child over there. They think he’s the best thing since sliced sliced bread or trade. — can’t trade gold. — Really? He doesn’t show his account balance, either, so
I mean — I just think it’s weird that you don’t show all the stuff. — A Topstep fade account, yeah, exactly. — Dude, that would have been a great That would have gained so much popularity on X, the Topstep fade account. Um Yeah. I The problem is you got to watch the freaking show every time for the fade account to come into play, right? Like, I can’t just sit here and be
like when are they in, you know what I mean? But, I don’t know. I just think it’d be a cool. I also think when people are making a lot of money, it’d be cool to be like, “Yo, this guy’s crushing it over here.” Like I don’t know. — Yeah. — It’d be good on both ends. Hey, this guy’s getting smoked and don’t follow him or why would I even watch? The problem
is if somebody’s not making money, it’s going to be like, why am I even watching this guy? And they’re going to lose viewership. But at the same time, if someone’s crushing it, Well, if someone’s crushing — Yeah. The people also like the train they like to watch a train wreck, too. So — Yeah, that’s true. — If they know that this person’s a [ __ ] straight-up degenerate and just sucks, they’re
going to watch. Just to They come on — just to watch him suck? — Yeah. Yeah. I’ve gone through that phase. I think I’m in that phase right now. — People just come on and watch you suck? — Yeah. To laugh at you. — Yeah. But I don’t know. — You know. There’s something It’s like loss porn. — Just like — I don’t know. But like it’s it’s weird. Like you can’t
have [ __ ] people You want people to win like your messaging is you know, we you know, we want you to win. But then you have people on as your experts that always lose and then people will probably follow them into their [ __ ] trades and they blow accounts. So like they make their money on blown accounts. We all know that. It’s just It’s just weird how I get why
they do it, but man It’s just uh — why they have a channel and everything, but it’s definitely you know. And listen, there’s definitely profitable people out there that are on some of these that you know them — Very small percentage. — What? — Very small percentage. — Yeah. Yeah, I’m talking about you know some of the higher-up guys like, you know Like I obviously I think, you know, I believe Cain’s
a real trader. I’ve seen him trade. You know, I think he’s on Ninja NinjaTrader or whatever. — Or yeah. — I don’t know if he’s still there. I don’t follow him, but I know he was on there for a little bit like you know, I believe him. I believe a couple like a handful of guys, but like a lot of these other guys if you’re not showing your [ __ ] man,
there’s too much — Well, they show they show that they show their chart and it says paper trading on it. — Yeah. — Atlanta — You know, there’s too many [ __ ] fake [ __ ] going on. You know, people charging $6,500 for freaking to learn about trend lines. Like — Or they charging for a paid Discord. I mean, it just it’s endless. Oh, by the way, someone else has voted.
We have five votes. That’s five real people who were on here at some point. — What’s up, dudes? — Nobody Oh, BKR, what up? Nobody shows the account numbers. It’s true. — Oh, BK’s in this house. — Yo, BK in the house, yo. Hey, thanks for popping in and saying what’s up. Nobody shows their [ __ ] — It It’s — I’m not I’m not nobody, but most of them don’t show
anything. It’s crazy. — Yeah. — I mean — Kevin Tobias — Who? Ah, Kevin’s up in this house. — Yo, how Yo, how did you get Yo, BKR and Kevin Tobias, how did you find find us? — Oh, BK is uh one of the homies. One of is one of the homies. — Okay. — Yeah. I don’t know who Kevin is. — Kevin Tobias, he hangs out on my He’s been hanging
out on my stream for a while. — Uh What do you guys think of prop firm YouTube traders? Also, first time joining the stream. What’s up, man? — Prop firm YouTube traders? Like the the traders that are on the prop firm shows or just people like me and Cove. — Yeah. That’s Yeah, that’s probably where I guess anybody that’s on the show started off as you and I cuz I like a
year ago, a lot of these shows didn’t even exist. Yeah. I do know that some of these people that are on these shows like it’s, you know, man, I’m going to — One of your vids one of your vids on my home page and I recognized Jay so I subbed. Awesome, bro. — Boom. Well, welcome. Welcome, welcome. — Welcome to the [ __ ] show. We don’t know what the [ __
] this is going to become, but we’re we’re going to see what it’s going to become. — We like having, you know, we like just talking whatever and — It’s basically more prop firm. It’s just right now it’s just it’s more like a podcast on all this prop firm [ __ ] going on. — This is def Yeah, at this point it’s definitely yeah, more like a podcast. — My Funded Futures
stream is some of them seem legit. Yeah, most of them aren’t though, you know what I mean? That’s the thing. It’s hard to tell who’s who. Some of them are legit. — were talking about. They they should just list their P&Ls for the year on My Funded Futures only and then you can get some clarity. Like I don’t freaking know. No one’s following anybody. Like I’m not sitting there with a Excel
sheet to be like, “Hey, this guy made money today. He lost money.” Like they should do that on My Funded Futures to show everybody. — Yeah. — It should, you know, — that’s how it should be. That’s what we were talking about. Um — And it doesn’t have to be like P&L like every trade they take. I I guess you can do it that way, too, but like really cuz like you
could your P&L could be skewed if you’re like, you know, passing evals and with ease. — Well, no. P&L — Yeah, you got to base it on like how much you spent versus — How much you spent versus payouts. — Yeah, in this world, yeah. — That’s all I care about. — friend. Thanks for popping on, friend. — Y’all later, BK. Um yeah, I mean, I don’t know. That’s That’s just how
I feel about it. It’s just more transparency, you know, it doesn’t mean it come out to be negative. It’s just more transparent to users that are coming on and they just believe whoever they see, whether it be any of these shows, Ninja Trader show, whatever it is, you know, it’s just there should be clarity on the screen about who is profitable, who’s not, who’s having a good year, who’s having a bad
year, like that’s all. I’m just looking for more transparency. — Good luck. — And that’s it. — Don’t hold your breath. — I’m probably never going to see that. — Don’t hold your breath. — No, somebody told me that somebody wanted to show them taking a payout on the stream and it had to go through like legal for that. I I sound a weird, but I guess because — It’s compliance cuz
of, you know, — It’s entertainment purposes only. — Results not typical type [ __ ] — Yeah. — All that type of stuff. — So I get it, but at the same time it’s kind of, you know, whatever.
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