**I Hit $1.9M In Prop Firm Payouts (My Trades This Week LIVE | Ep.12) — Transcript & Summary | SozAI**
Source: https://sozai.app/transcript/hit-1-9m-prop-firm-payouts-trades-live/

JJ Simon shares live trades and payouts hitting $1.9M in prop firm profits, revealing strategies and real-time market insights.

## Key Takeaways

- Live trading transparency builds trust and proves high payout potential in prop firm trading.
- Layering positions during reversions significantly increases win probability.
- Risk management by limiting exposure on eval accounts reduces overall losses.
- Understanding market structure and volume spikes aids in timing profitable trades.
- Consistent small wins across multiple accounts can accumulate to substantial profits.

## What the video covers

- JJ Simon records every trade live to prove the possibility of high payouts in prop firm trading.
- He discusses overnight trades, higher timeframe biases, and the importance of layering positions.
- Shares detailed examples of wins and losses across multiple funded accounts and evals.
- Explains his approach to trading reversions and continuations during market opens.
- Highlights risk management by only risking a fraction of eval accounts to minimize losses.
- Demonstrates how to capitalize on volume spikes and break of structure for entries.
- Provides a recap of the New York session and discusses variance in FTMO trades.
- Mentions trading multiple accounts simultaneously and the challenges involved.
- Shows how he achieves consistent payouts and aims for weekly goals above $25K.
- Offers insights into his trading mindset, camera setup, and plans for future sessions.

## Chapters

1. 00:00 Introduction and Weekly Trading Plan
2. 01:02 Overnight Trades and Early Losses
3. 01:59 Long Position and Camera Issues
4. 03:11 Reversion Trades and Breakfast Break
5. 04:19 Recap of New York Session and FTMO Variance
6. 05:26 Asian Session Trading and Missed Continuation
7. 06:29 Daily Payout Accounts and Layering Strategy
8. 07:35 Summary, Performance Review, and Closing Remarks

Answers

## Questions about this video

How does JJ Simon manage risk on multiple eval accounts?

JJ Simon limits risk by only risking a third of each eval account, minimizing losses while allowing multiple simultaneous trades.

What trading strategy does JJ Simon emphasize in this video?

He emphasizes layering positions during market reversions and trading based on higher timeframe biases and volume spikes for optimal entries.

What was the overall profit outcome shared in this video?

JJ Simon reports hitting approximately $1.9 million in prop firm payouts, with a net positive day of $14,000 on funded accounts despite some losses on evals.

## Full Transcript — Download SRT & Markdown

00:00

Speaker A

I'm going to record every single trade this week live and show you every single payout. People think that these numbers are not possible, so I figured I might as well show you everything live. All right, today's Tuesday morning since

00:09

Speaker A

yesterday was a bank holiday. Not really any point in recording that. I was just doing some small trades. Anyways, overnight trades, I was looking for shorts for my higher time frame bias of shorts. Uh, here's just one example of

00:19

Speaker A

that account that won. I also won another trade on FTMO which passed the Eval and then I lost these ones right here. Next on E8 had a $2,000 win on funded taking shorts overnight and then Holar Prime won on a bunch of EVA. So

00:32

Speaker A

slightly above 50/50 overnight, which is always good because it's basically no work. And then thankfully E8 accounts that won qualify for payouts, so might as well get the week started with some payouts here. There's 1588 to rise. Other

00:44

Speaker A

accounts also ready for a payout. This one here that won overnight. Okay, this one's smaller, but still counts. We'll see how many payouts we can get this week as well. Hopefully we get something north of 25K. That's the goal. Get into

00:55

Speaker A

the market open. I'll show you what trades I take then. Okay. I actually literally just entered a position on the trading pit. I'm in shorts on a funded.

01:02

Speaker A

Also, I forgot to tell you, but I had two overnight trades here that lost.

01:05

Speaker A

I don't even remember I sent these accounts overnight, but anyways, two losers there. Now I'm in shorts on a funded account. Higher time frame bias is short at 9:25 Eastern. I'm on PST, by the way, for this week. Um, at 9:25

01:17

Speaker A

Eastern, there's usually a volume spike. So, if you can get the direction of that, then you can always get in a little bit early to positions and then hold them through the open, go break even, depending on your expected value.

01:25

Speaker A

All right, I think the camera's on in time barely. We'll see if I can get it take profit on camera. Hopefully I didn't jinx anything.

01:33

Speaker A

It always does when I take out the camera. Anyways, uh, let me see anything else to commentate on this. Uh, no, just saw a nice break of structure at 24 after. Um, you can use asymmetry to your favor on the open. All right. So, I'm in

01:47

Speaker A

longs with three contracts on a funded account. I saw a very nice displacement long and I'm just trying to revert this move down. Uh, this specific account just needs that much of a profit target.

01:59

Speaker A

Um, and the bias is longs for now. I think my camera died like it ran out of storage. So, hopefully you saw the end to the previous trade, but anyways, it won. It won here. Um, so now I'm going

02:09

Speaker A

the other way. We'll see what we can do with this one here. I'll let you know when it finishes. Not looking too good, but we'll see. No luck on that one, unfortunately. We'll wait a little bit longer and then probably take more

02:22

Speaker A

reversions. Maybe if we get a break of structure above here or displacement here. We'll see. All right, update. It dumped quite a bit more after the loss, but that's okay. I am in longs now.

02:31

Speaker A

Hopefully the camera quality is good. I'm not the best cameraman, but this camera is quite expensive. I am back long off this displacement that we saw uh on account and I'm going for $4,500 of profit just because that is where the

02:45

Speaker A

consolidation is. Uh, so I believe fair price to now be this area right here because we consolidated then broke structure and continued away. So I'm trading back towards that consolidation on funded account. Let's see what it does. Still in the first position but it

02:59

Speaker A

just failed to break structure short. So, I decided to get in midcand back up towards the middle of that consolidation on one contract on a funded account. Uh, not really much else I can do. Still just waiting on this one. So, figured I

03:11

Speaker A

might as well get a little bit of the reversion to start. All right. Well, I went to go eat breakfast and I missed it unfortunately on the camera, but uh, well, I'm back and we won. So, nice reversion. I got in super early. I had

03:23

Speaker A

to hold it forever, but kind of just left and then uh took a nice win. Also, I bought myself some five Lucid Max accounts and I traded them just various locations in reversion. Let's see if I can find you some other entries. Yeah,

03:36

Speaker A

just traded them in the reversion. So, it's very important when it is reverting to layer accounts. When it is not reverting, let me zoom out. When it is not reverting, I lose one. I lose one, I lose one. So, I lose three times. When

03:48

Speaker A

it's reverting, I win 1, 2, 3, 4, 5, 6 maybe, maybe seven. No, I was AFK for the seventh one. Uh, but yeah, you can win a lot when it's reverting. Make sure you layer in positions in your favor. All

03:57

Speaker A

right, full recap of New York session on open. I got in a little bit early, so I was able to hold my shorts on this account here. So, hit a nice $8,000 win on funded. Lost two evals, lost another

04:09

Speaker A

one, and then got a winning day on another funded account. Um, this is pretty much where all my entries were, just obviously in reversion. And then FTMO had horrible variance, so lost 20.

04:19

Speaker A

I didn't lose the evals technically. Like I lost a third of them, only risking a third of it. But even though it's going up, uh, if I delete all this stuff, then even though it was going up, you see there's all these red candles

04:28

Speaker A

right after a green candle. Yeah, that's that's not good for my approach. And then I actually passed 17 alpha. It was quite the interesting trade. One huge reversion that I was getting in as many accounts as possible. Obviously, I can't

04:38

Speaker A

record while I'm literally trading 17 plus 22 accounts in one reversion. Uh, so have to copy trade. You probably shouldn't copy trade, though. Have to copy trade a little bit. Uh, so getting a lot of accounts in. 171 on one site

04:49

Speaker A

and then 21 loss on the other. Um, just because they have a much, much smaller stop loss. So it's obviously normal to lose those. Overall very, very positive on the day up 14,000 on fundeds which is great and then obviously lost the evals

05:02

Speaker A

but if you're losing one third of the eval and an eval is 270 bucks you only lose $90 of expected value. I lost $90 on 20 accounts making that basically $2,000 but I won 14K unfunded. So net positive for the day. I'll take it. Maybe see

05:16

Speaker A

everybody for the 2 p.m. session. If not, we'll see you for Asian session or maybe even the next day. I'm not sure what I'm going to trade next. All right, I'm just in this one reversion on Asian session open. Unfortunately, I missed

05:26

Speaker A

the continuation. I was doing something for my YouTube video and I missed the continuation trade. There is the opening candle. 5:00 p.m. I'm on PST, by the way. Huge green opening candle, break up structure, perfect continuation trade, and I missed it, but that's okay because

05:40

Speaker A

we had a displacement. So, now I'm short for a reversion on funded accounts. So, we will see how this one goes. It's looking good so far. I'm going to layer in some more trades and then leave to go drive home while this

05:52

Speaker A

plays out. All right. Also forgot to take some payouts. Here was the results on E8 today. Um, I can't remember how much I recorded. Um, hopefully I recorded a good amount, but I was live so couldn't really focus on that too much.

06:03

Speaker A

Anyways, I got in one continuation here. Barely won. Um, I think I recorded that.

06:07

Speaker A

Anyways, reversion. First attempt here. Lost. Might not have recorded that. So, I lost one eval. I'm taking eval just because it's too close. And then when it gets all the way up here, then I'm able to take my big funded trade. Boom. Also

06:17

Speaker A

layering in eval. This, this, boom, boom, boom. Just layering in positions as it's going in my favor. So that's how I get a lot of wins like that. Anyways, three of these are funded. Two of these down here are eval. Um, but the funds,

06:29

Speaker A

I'm trading these daily payout accounts. So, we'll just take the max really quickly here for the first account.

06:34

Speaker A

Okay. Well, it's not eligible. I'll be back in a second once the dashboard updates. All right. Just finished trading the 2 p.m. session. I will give you my best attempt to show you what happened.

06:45

Speaker A

open. Just took continuation shorts off the break of structure. Um, and then as soon as we got displacement long, I exited the short and then I sent some long back up towards the 2 p.m. open, which is here. Hit take profit here. I

06:55

Speaker A

won 600 bucks on this one, 600 on this one, 600 on this one, 600 on this one, and 600 on that one. So, um, pretty good win. 1 2 3 4 5 3.3K win on the reversion. And then the continuation was

07:07

Speaker A

like 1K or 1.2K. Uh, so not bad at all for the 2 p.m. session. All right, it's Thursday morning. Got back super late from the Seahawk game. Very enjoyable, but unfortunately I got super sick for whatever reason. Something I ate there.

07:20

Speaker A

Anyways, um I got up pretty late today. So 7:38 I was awake, but I just was definitely not feeling like I could trade. Uh anyway, so I have not placed anything yet except for these right here. Just reverting to pre-news price. That is

07:35

Speaker A

literally it. That's all I've done today. So there's that. Um, just got to figure out how to get the rest of these accounts in somehow cuz it looks like it's fair right now because remember news event right here. Priced in this

07:45

Speaker A

move down is unfair. So, I'm looking for reversions. I got in two of them, but I was uh let's not go into more detail about what I was doing. All right, in for a small little reversion here on an

07:56

Speaker A

Eval. Um, this is a pretty high probability setup. So, I took it on this FTMO eval that is like $8, $900 from passing. Um, just back to the pre-news price right here. Boom. was like exactly where my takeprofit was. So that's kind

08:11

Speaker A

of it for today. I need to find more trades. Um I won the buys here and then it just consolidated at fair price. So now I need to wait for a move away and then look for more reversions for more

08:21

Speaker A

trades. All right, I've been taking multiple attempts at shorts. This top one here is a funded account. All of these are eval. Always nice to win the evals. Unfortunately, this one down here is a funed account. Um and I shorted all

08:31

Speaker A

the way at the bottom. Uh so still living still sitting this trade. Uh we'll see what happens, but was just thinking eventually we'll get a reversion hopefully back towards the open, which is this consolidation down here next. Uh not looking too good, but

08:44

Speaker A

doesn't really matter too much. These other ones were just multiples in all of these moves down here. Just sent them.

08:50

Speaker A

Not too bad. Having to be pretty aggressive since I missed the huge session earlier. All right, quick update on what's been happening recently. I left to go get some groceries and then eat breakfast. Um I left around here,

09:00

Speaker A

but seems to have dropped in my favor. I also sent some more right when I got back. Um, I sent some FTMOs. Uh, there they are for you. Uh, they're looking pretty good. Getting close to passing these two just passed today in these

09:14

Speaker A

shorts, which is great. And then E8 evals are these 2600 ones. Looking good. These two are funded. So, this one, these two daily payouts. Also, here are payouts I have received recently. I received 3200 from E8 35 minutes ago.

09:27

Speaker A

Quantum. This is futures elite. There's another 3,500 3 hours ago. And then rocks, however you pronounce that. 3600 13 hours ago. This one, I can't remember if I showed it to you guys on Rise already, but I guess there's another one

09:40

Speaker A

for E8. Maybe I've already shown it to you. I'll do some at the end of the week, though, of course. All right, it's now 3 p.m. There is a payout for 1.3K from Blue Sky. And I do have another

09:52

Speaker A

account which is eligible for its own payout. All right, and then here's another payout from Blue Sky, second account for $1,500.

10:01

Speaker A

Also, I have two E8 payouts because remember one earlier on them this morning. So, first one's going to be for 1580. Okay. Well, I'll be back in a second once those updates. All right.

10:10

Speaker A

I'm also eligible for two payouts from Whole Prime. So, let me collect the first one here for 2,000. All right.

10:16

Speaker A

There's pending for the first one for 2K and then one more for another 2K.

10:20

Speaker A

Hopefully, I got to close the week out about 30K in payouts. 30K a week would get me to the goal of 120 a month. So, there's 2K. All right. There are two payouts requested from Hola. Hola Prime pending 4K. They usually send them

10:35

Speaker A

really quick, so we'll see. All right, just requested the E8 payouts. Finally loaded. There's the first account and then second account. Here's the next one. Trying to get to 30K this week.

10:44

Speaker A

We'll see. All right, there we go. Also, did not trade the Asian session. I was on my presentation. Um, but looking back, here's pretty much what you could have done. 6 p.m. is opening fair. Look for reversion either here or here. Lose

10:56

Speaker A

whatever this move down is. I don't know why I did that. Um, and then revert.

11:00

Speaker A

Nice displacement. Here's the opening candle, this huge green one. So, definitely A+ setup, too. Long off Asian open. Uh, you could layer in more breakup structure here. Break structure here. You can layer in more positions if you prefer, as well. Right, it's now

11:12

Speaker A

Friday morning. I'm looking for reversions back towards the opening consolidation right here. Uh, there's just a huge wick rejecting longs. So, just looking for a short almost. Uh, anyways, here's what's been happening today. We have news event here. So this

11:26

Speaker A

move down is unfair. Nice reversion here. Uh was not able to catch it because it was kind of this move up is definitely unfair. So looking for more more reversions. You get a nice break structure here. So A+ trade all the way

11:36

Speaker A

back to this line here, which is the pre-news price. Eval barely just won. So I'm going to send in two more limits just in case. So yeah, I'll leave these here. Okay. Well, unfortunately I missed it on camera, but some of them win. One

11:50

Speaker A

of them lost. My funded account lost. Of course, the consolidation here is fair in my opinion. So any anytime it's above this, the bias is short. So when it's a really choppy day like this, it's obviously hard to get displacement or break of

12:01

Speaker A

structure entries because like by the time it makes this green displacement, it's already back to this area. So I can sometimes use limit orders. And there we go. Got even closer. Oh, there we go.

12:10

Speaker A

Okay, one on all the evals lost in the funded. All right, I'm in quite the aggressive trade here. Um, we had 7 a.m.

12:16

Speaker A

huge displacement. It is a news candle, which obviously makes the setup a little bit worse. However, the bias is still shorts, so I'm in on the fun of the account. We'll see. It's looking good so far. Usually don't enter positions on

12:29

Speaker A

news candles. Oh, there we go. Usually, I don't enter positions fully on news candles just because it is not the strongest setup at all. However, it is so close to fair price where you kind of do have to get in this early in order to

12:39

Speaker A

just get back boom really quickly cuz the open is right here. So, you do kind of got to get in early for those. Always worth a try to revert. So, looking good so far. Hopefully, I got all these

12:47

Speaker A

recorded for you guys. We'll see what else we can do. Right now it's just consolidating at a fair price. I might have to wait a bit for a move away. I keep missing it with the camera. Um but

12:55

Speaker A

anyways, there was the next short opportunity. Um reminder, first one won here. It went up. Shorted again. I have another one in a trade now. Um but here's the FTML status. So net up more cuz this was 18K of wins. This looks

13:08

Speaker A

like 9K of loss. So net up pretty good. These are overnight trades mostly. All right. I'm also trying to get in some shorts on my Lucid Max. Here's what it's looking like so far. One of them lost, which is the one I entered like right

13:18

Speaker A

here. Oops. Right here. That was the one that lost. Anyways, just sending them in for more. Trying to get them all up to 9K today. We got two there so far on this nice move down. So, we'll wait. See

13:29

Speaker A

if we can get the rest. Hey, there we go. I'm always late with the camera, but there's decent performance on the Lucids on this most recent short. I'm also now holding this one on one of my live accounts, so we'll see what we can do

13:40

Speaker A

there, too. Might stop to break even pretty soon. All right, my stop is now set to break even, but figured I might as well just show you what I was thinking for overnight trades because this chart is easier to look at than my

13:50

Speaker A

laptop. Anyways, this up here was sort of the target for overnights. It was all the consolidation from yesterday's night. Um, you can see my overnights start at 9:30 p.m. That's just when I go to sleep. Uh, so here's the AM session.

14:03

Speaker A

Pre-news prices right here. Lots of consolidation here. So, this is the earliest target. And then if it was to go higher, it would be the consolidation from overnight there. But this is the main target which is at 230. I'm still

14:13

Speaker A

holding the short up there by the way. 230. So let's see. Asian session is right here. So nice Asian reversion.

14:20

Speaker A

Then as soon as it comes back down to the Asian open from there the bias is very strong longs. So it's basically at the low of the alltime lows basically.

14:28

Speaker A

So bias is long from the Asian open. Oh, hold on. Long till Asian open and then long till 6 p.m. and then long up towards this. Hopefully that made sense.

14:37

Speaker A

I'm trying to look at my other computer as well. So, entries for overnight at 9:30 p.m. here is when I go to sleep.

14:43

Speaker A

So, just when the trend boom boom boom trend down, boom, trend switch is here.

14:47

Speaker A

9:25 perfect something long. So, overnight trade extremely profitable. That's when I sent all those FTMOs. So, that's why I woke up to a bunch of profit there. Boom, boom, boom. Sending them long here all the way up to here

14:57

Speaker A

and then it consolidates here and then it's technically done. Um, and then CPI obviously today CPI is right here. That is the fair price. This consolidation here is always possible. So, that's just why I'm having the short in for a bit

15:08

Speaker A

longer. All right, I probably was late to that again. But anyways, if you remember from the last clip, there's the profit on the live account. That was, I think, 3600 or something. Uh, so pretty solid win there. Just back to this

15:21

Speaker A

consolidation after the news higher time frame bias is slightly short just cuz news was red and to revert the overnight move. Oh man, I'm so bad with the camera. This is why I do the recaps on Trading View instead of these handheld

15:32

Speaker A

ones. But anyways, super good day today. Uh I was just targeting shorts pretty much the entire day. So the first opportunity obviously is here when it stops going up. Um on the open there were some as well. I don't know if I

15:43

Speaker A

recorded though. I can't remember in here. This is when I started sending the majority of my accounts. This stuff in here obviously you can't really short that. A huge wick rejecting long. So I shorted there. Um and then another move

15:53

Speaker A

up, time to short. Boom. Another move up, time to short, boom. So I hope hopefully I recorded all of that cuz I don't think I lost any trade ideas. I definitely lost some accounts um just because of bad fails and stuff because

16:06

Speaker A

it's a bias based Oh, who wa because it's a bias based strategy of course.

16:09

Speaker A

But hopefully I won all the trade ideas. Just anytime it's above this line right here, just short. But yeah, that is it for Friday. I believe today's Friday.

16:17

Speaker A

Yep, today's Friday. It's about 8 a.m. now PSD. So done trading for the morning. Um probably not for the rest of the week. I got some other stuff to do.

16:25

Speaker A

Going to record for YouTube now, too, which is something you're going to see next week. Pretty excited for that. And I will be probably taking trades after the session. I'm just going to wait for the trend to be short, the volume to die

16:35

Speaker A

out a little bit, and then just go with the trend, some more extra trades, pass more eval so I can trade more fund accounts next week. But pretty great performance this week overall. Hopefully you got a lot of insight into more

16:43

Speaker A

specifics with entries, profit targets, payouts, everything like that. All right, there you go. To end the week, another $1,600 about to come out from E8. Not sure how much we're at total this week. Probably 20K, somewhere near that. I have 18K that I made on my

16:58

Speaker A

funded seat live account. So, um I qualified for that final day today. I don't think they're going to update the dashboard because it is Friday. So, I can't really request after the market close unfortunately. So, at least I'll

17:07

Speaker A

start next week with 18K payout. That'll be great. And then I have a bunch that I made on Blue Sky Topep one day away from a massive payout trading pit. Also, I've been testing them one day away from huge

17:15

Speaker A

payout. Um but hopefully this week in general just give you a lot more information about how specifically I'm entering trades. Uh my risk management, my day in the life content. I'm obviously not too good with this camera.

17:24

Speaker A

I got like a little handheld thing. I usually prefer the trading view recaps. I'll probably stick more to those in the future, but just want to show you the strategy that I trade in general. It's just me and reversion session opens or

17:32

Speaker A

the bias. Hopefully, you're able to get a little more info. I appreciate you watching. If you're interested in working directly with me, I basically will teach you everything that I know about proper trading. Um, how I've done I think it's we're near 1.9 mil now. Um,

17:43

Speaker A

you'll probably see by the title of the video how much total we're at or how much I did this week. But if you're interested in learning directly from me, then there should be a link in the description. It is the top link. That is

17:51

Speaker A

just to apply to work with me trying to get a bunch of traders up to making six figures a month. I've got two at six figures a month. Um 10 15 or so at 30k a month, which is great. And then

17:59

Speaker A

obviously lots of new people have been joining to learn from me recently. So definitely blessed to to teach everybody. Excited. If you'd like to learn anything that I do, the risk management, what I did in college, that sort of stuff applied to proper then

18:09

Speaker A

well link in the description is for you. If not, all good. I will see you in the next one.

Topics: prop firm trading live trading funded accounts trading payouts risk management trade layering market structure volume spike reversion trading FTMO


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