👀 A $12 million Prop Firm Influencer deal!?

Lets get ourselves prepared for the week ahead!

Hi guys, it’s Kieran. Another week is upon us and the markets are open, so lets get into it.

📢 Prop Firm Industry News

Real or not real? Prop Firm influencer Patrick Wieland claims to have made a $12 million promotion deal with MyFundedFutures. This would be the largest affiliate deal in prop firm history. Of course, this should be taken with a grain of salt, however the whole MyFundedFutures leadership team can be seen in the photos, including Founder & CEO Matt Leech.

The MyFundedFutures X account replied under the post with the deal emoji, so you never know! The mind boggles at the levels of revenue the major futures firms must be bringing in to pay this kind of money.

From Payout Junction, here are the firms who paid out the most over the last 7 days 🏆️.

🔥 Monitor prop firm payouts LIVE on Payout Junction - https://payoutjunction.com.

🕜 Red Folder News

Here are this week’s red folder news events. A sparse looking calendar this week, however a few big events are happening, with Preliminary US GDP and Unemployment numbers dropping at the same time on Thursday, as well as the PCE Price Index, which is the Fed’s preferred gauge on inflation on Friday.

After J Powell’s signal on Friday that the Fed are ready to cut rates, an overly high PCE number may throw that into doubt.

📈 The Macro View

Stock Market Euphoria is back

A very rocky week for the equity markets, with 3 big red days in a row, however Fed Chair J. Powell stepped in on Friday to ramp the market and deliver a green week.

No new highs yet though, so keep an open mind, because if this breaks lower, it will likely break down fast. Futures are red this morning.

Fear and Greed….Positive but not extreme

Sentiment flirted with Neutral territory mid-week, but ended positive, slightly in Greed. Nothing extreme yet.

Mag 7 v the rest

While earnings of the Magnificent 7 stocks have had an unprecedented run, earnings of the rest, ie the S&P 493 have been more or less stagnant since 2020. In a post-ChatGPT world, the hype is justified, albeit very concentrated in a handful of names.

OK guys that’s everything from me, have a great week!

Kieran

The London Prop Trading Expo – London’s First Prop Trading Expo is coming, 27th September 2025

Spend a day in London meeting prop firms and chatting with successful prop traders.

They have kindly set up a special free ticket offer specifically for readers of Prop Traders Weekly, offering free tickets (usual price £20) when using the code 'POJ' to register.

Register here!

📚 Further Reading

Is it more profitable to specialize in one market or spread risk across multiple markets in prop trading? This week’s question to PerplexityAI includes:

  • Single Market Specialization Benefits

  • Multi-Market Diversification Strategy

  • Prop Firm Rule Considerations

  • Optimal Trading Approach Framework

Click the link below!

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