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Hello, my friend!
After weeks of that slow, grinding upward drift, the market is waking up.
For pure swing investors who only play the long side, this environment feels brutal.
But for most of us - intra-day prop traders grinding our evaluations and funded accounts - this is a fantastic shift.
⚠️ Increased volatility brings clearer momentum and far more high-quality setups.
The key is to treat it with respect. I’m keeping my risk exactly the same across all my Purdia accounts.
With a $3,000 buffer in the instant accounts, I spread my survival across a full 20 trading days in the funded stage.
In the eval phase, I run a slightly more aggressive 8–10 day plan, but my tight 1:1 stop-loss discipline gives me the breathing room to take small losses early and move on to the next idea without panic.
By extending my survival runway 2x on funded accounts, I stay relaxed, trade with clarity, and focus on scaling responsibly.
→ At the end of the day, survival is everything.
When you protect your account, you protect your peace of mind - and that’s what lets you wake up every morning ready to execute your plan with confidence.
💪 Stay disciplined, my friends. This is where the real edge shows up.
If you’re struggling right now, please remember - there is always help available from professionals who truly understand what you’re going through. I’ve been in this game for many years and experienced massive wins and painful losses across every market condition.
✨ So if you’re feeling impulsive - reach out here. I read every message and will reply as soon as I can. Sometimes just knowing there’s a real human on the other side - can make all the difference.
Fear Mode
Key Market Headlines & Events for Today
Here are the major economic releases and impulses to watch closely today. These have the potential to drive significant volatility, so stay alert and manage risk tightly.
08:30 ET
US CPI (May)
CPI MoM: -0.5% (vs. expected +0.6%)
CPI YoY: 4.2% (vs. expected 3.8%)
Core CPI MoM: -0.3% (vs. expected +0.4%)
Core CPI YoY: 2.9% (vs. expected 2.8%)
Top Trending Theme (Last 48 Hours):
AI Bubble Concerns & Semiconductor Rotation
Broadcom/earnings fallout
Weak guidance in chips and fears of overvaluation driving rotation out of Magnificent 7 names.”
This narrative has been one of the strongest drivers behind the recent Nasdaq sell-off and remains a key sentiment impulse to monitor.
⚡June Prop Discounts⚡
Here’s a complete list of the firms where I currently hold active trading accounts. I’ve been trading with each of them for some time now. If you have any questions about their plans and funding options, or my personal experience with them, feel free to “reply”.
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Trade responsibly.
Chat soon,
Steve B
Founder, The Daily Impulse
Important Disclaimer:
This newsletter is for educational purposes only and does not offer financial or investment advice. It should not be taken as a recommendation to trade assets or make any financial decisions. I am not a registered investment advisor, broker, or licensed financial professional. Please be cautious and ensure you conduct thorough research or consult with a financial professional before making any investment choices. Trading and investing involve significant risks, including the potential for substantial financial loss.
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