In this episode, I sit down with Dan Cooke to unpack one of the most honest conversations we’ve had about what trading really is — and what it isn’t.
Sponsor: 📊 Prop Firm Match
🧠 Objectively compare prop firms by rules, drawdown, payouts, and scalability
💰 Use code MATCH to save with any firm listed
🔗 https://www.propfirmmatch.com/?a_aid=asfx
Dan drops a line early that sets the tone: “Trading is an excellent money accelerator… but a terrible money generator.”
We dive into:
- Why trading should not be viewed as a guaranteed 9-to-5 paycheck
- The dangerous mindset of “I hate my boss, I’ll learn to trade in 3 months”
- Why full-time trading doesn’t have to be the goal
- Using trading as supplemental income instead of a pressure cooker
- How chasing consistency the wrong way destroys expectations
Dan shares his wild origin story — discovering trading while locked down in Shanghai during the 2022 COVID restrictions. What started as boredom and excess savings turned into a deep dive through YouTube University, indicator strategies, and eventually the painful realization that “easy systems” don’t work.
One of the biggest shifts for him? Watching real traders execute live. Seeing the trades happen in the moment — not hindsight screenshots — brought strategy to life and gave him the conviction to finally start.
We also talk about:
- Fear of losing money causing “perpetual learning mode”
- The moment his wife told him to stop studying and start trading
- Why most traders delay execution because they’re avoiding discomfort
- The importance of realistic expectations around payouts
This episode is about maturity. It’s about understanding that trading can amplify capital — but it’s not a salary replacement machine.
It’s about building skill while keeping pressure manageable. And it’s about recognizing that the path to consistency requires execution, not endless preparation.
🚀 Level Up Your Trading with ASFX
🎓 Free Futures Course
🔥 Start learning the basics with Futures 101
🔗 https://www.asfx.biz/futures101
🎥 Join My Live Trading Streams
💬 Watch me trade LIVE every morning – breakdowns, setups, and strategy!
🔗 https://www.asfx.biz/First
🏆 Prop Firms – Save Up to 50% with code ASFX
🔗 Top One Futures → https://www.asfx.biz/tof
🔗 Take Profit Trader → https://www.asfx.biz/tpt
🧠 Master Your Stats with TradeZella
💰 Use code ASFX for 20% off
🔗 https://www.asfx.biz/TZ
🧱 Save on Bookmap
🔍 See the order flow like never before
🔗 https://www.asfx.biz/bookmap
💊 Edge Supplements – Fuel Your Performance
💰 Use code ASFX for a discount
🔗 https://www.edge.shop/ASFX