Prop Trading's Dirty Secret: The Monopoly

Prop Trading's Dirty Secret: The Monopoly

Author: Austin Silver December 6, 2025 Duration: 1:03:23

In this episode, Austin and KV break down the chaos surrounding ProjectX pulling out of nearly every futures prop firm, leaving Tradeovate/NinjaTrader — now under Kraken — as the dominant platform. They discuss how this shift impacts traders, why platforms struggle to match ProjectX’s simplicity, and what the future of prop trading may look like in a more monopolized ecosystem. The conversation also touches on crypto prop firms, payout economics, and whether a new ProjectX–style platform could realistically be built.


Sponsor: Breakout Prop

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Code: ASFX Sponsor: BlackShirtClub Group CoachingLink: https://www.asfx.biz/bscThey then shift into trading psychology and why most traders quit long before they ever give themselves a real chance. KV shares data showing that 73% of traders in his free community took zero action, prompting a discussion about why people don’t value free resources, the importance of embracing boredom in trading, and the discipline required to stay consistent through both winning and losing streaks. The episode wraps with updates on the Tampa Bootcamp featuring Brian Shannon and a reminder of the power of in-person community for traders who usually grind alone.


Connect with KVWebsite: https://peakvestsociety.com/

Social/YouTube: https://www.youtube.com/@UCYwLdMULKL0GmPnQn4VpY3g ——🚀 Level Up Your Trading with ASFX


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Austin Silver, an entrepreneur and co-owner of ASFX, hosts The Day Trading Show. He doesn't just talk about charts and numbers in a vacuum; he builds each episode around actionable insights meant to directly influence your next move in the markets. Think of it as a regular debrief from someone who's in the trenches, focusing on the practical knowledge that can sharpen your decision-making process before you even place a trade. Alongside the audio, many episodes are accompanied by detailed video segments, which you can find linked in the show notes for a more comprehensive look at the day's topic. This isn't about generic financial advice but rather a focused discussion on the mechanics and psychology of daily trading. Tuning into this podcast feels like getting a clear, unfiltered perspective from a seasoned practitioner, all designed to help you navigate the fast-paced world of day trading with a bit more confidence and clarity.
Author: Language: English Episodes: 100

The Day Trading Show
Podcast Episodes
How To Master Order Flow & Avoid The Traps That Hold Traders back [not-audio_url] [/not-audio_url]

Duration: 55:50
In this episode, Austin sits down with Matt Owen, a former serviceman turned full-time futures trader and founder of Flipping Futures. Matt shares his nine-year journey from crypto and options to mastering order flow on…
How These Stay At Home Mom's CRUSH Prop Trading [not-audio_url] [/not-audio_url]

Duration: 56:34
In this episode, Austin is joined by Jen Keter, Rebecca Loree, and Christine Letersky for an honest conversation about the realities of becoming a successful trader—especially for new and part-time traders balancing fami…
The ICT Trading Error That's COSTING You THOUSANDS [not-audio_url] [/not-audio_url]

Duration: 56:33
Christian (“Decipher the Algo”) returns to talk when VWAP beats ICT—and when it doesn’t. We cover sentiment reads, crypto/tech correlation, metals at highs, and a full breakdown of his $10K overnight trend trade from a s…
Scaling Your Futures Prop Trading Business With Copy Trading! [not-audio_url] [/not-audio_url]

Duration: 1:00:21
This week’s episode was all about how to scale your trading business with copy trading. We broke down why prop firms are the best starting point—you limit downside, learn rules, and can grow into bigger payouts faster. T…
The Bookmap Blueprint to Spotting BIG Market Moves [not-audio_url] [/not-audio_url]

Duration: 44:33
Bruce Pringle of Bookmap shows how to see confirmed stop runs and iceberg orders, revealing who’s actually in control of the move and why futures’ centralized order book gives retail a transparency edge. He introduces a…
$34,000 in 30 Days: The Case for Negative R/R with Zach Arbucci [not-audio_url] [/not-audio_url]

Duration: 47:32
Zach returns after shattering his ceiling: $34K in prop-firm payouts in one month. He explains the flip that did it—moving from high-R/low-win models to negative risk-reward scalping on NQ (5–10 points, limit entries, fe…
Making Millions As A Short Sided Day Trader With David Capablanca [not-audio_url] [/not-audio_url]

Duration: 33:37
Austin brings back David Capablanca (The Friendly Bear) to preview their October 10th City Club LA conference featuring market-wizard-level trader Tom Hougaard. They riff on trading while traveling, first-red-day setups,…
Quitting Corporate to go ALL IN as a Futures Trader with Josh Wills [not-audio_url] [/not-audio_url]

Duration: 48:16
In this episode, I sit down with Josh, a recent Black Shirt Club graduate who’s gone all-in on trading. After leaving his corporate job in London, moving back to Cambridge, and becoming a new dad, Josh committed fully to…
The Prop Firm MISTAKE That Cost Me Thousands With Christine Letersky [not-audio_url] [/not-audio_url]

Duration: 44:45
Christine Letersky joins this episode of The Day Trading Show to share her raw and honest journey from stock trading with opening range breakouts to trading futures with prop firms and focusing on VWAP. She opens up abou…