Patrick Wieland is a futures trader who streams daily from his BDH warehouse in Florida. He is a large influence in the futures space, both loved and hated. No doubt Patrick Wieland puts in the work and has built his OnlyProps brand be a huge influence in the space. He is not without his shortcomings and past controversies though.
Patrick has somehow escaped past controversies, both notable (discussed further below). Some people question how legitimate his trading acumen is, and rightfully so. With day after day of supposed big profits, all while promoting his $200 course and affiliate links to every firm under the sun, it is definitely obvious Patrick Wieland’s main source of income is definitely not trading itself.
In all fairness, he fully admits he is an entertainer first, and that the majority of his income comes from courses and affiliate marketing.
Before we get into the highs and lows of Patrick Wieland, be sure to check my Exclusive Promos page – I always have a discount on the best futures prop firms just for you!
Patrick Wieland Controversy #1: Cookie Stuffing
You might be asking what exactly is cookie stuffing? Well to put it in basic terms, Patrick Wieland had his website set up in a way that if you visited it, even without clicking any links, he would load cookies into your computer with his affiliate links and codes.
For example, if you visited Patrick Wieland website, not click a single link, but then a week later visit a site like Apex Trader Funding (my #1 futures firm FYI), and bought something (even if you visited through a different affiliates link), then the sale and all futures sales would be attributed to him.
This practice is forbidden in the affiliate world, and is generally bad business. Patrick Wieland was caught red handed doing this. But the fall out? Nothing basically. He played dumb, said his web developers must have set that up, and soon every forgot. It speaks to Patrick Wielands character though.
Patrick Wieland Controversy #2: Sim Trading Pretending It’s Real
In the not too distant past, Patrick Wieland was caught doing a classic fake guru move: sim trading. Essentially not trading actual money, but acting as if it is. This tactic has been used in the Forex (FX) influencer world for many years, and naturally it made its way to futures. Don’t get me wrong, several futures traders who post videos have done this move, one recently being DannyTrades which was even worse since he was part owner in a new prop firm, yet faking his trading.
These days Patrick Wieland seems to trade mainly prop firm evals, which he has access to unlimited free accounts from the companies he promotes. It is fairly easy to yolo trade 20 accounts when you know if you blow them, you can easily reset and trade new accounts for free. His previous soul sponsor, Topstep, actually has put him on blast several times now that he no longer represents him, letting everyone know this is exactly how Patrick seems successful. Non stop, 100+ resets weekly all for free in the name of promotion.
Patrick Wieland – The Internet Troll
This isn’t so much a controversy, just fact. Patrick Wieland basically acts like a 12 year old boy online. Constant twitter battles, calling out other streamers, making degrading comments towards others, and outright making fun of his previous exclusive sponsor TopStep (who dropped him fyi).
Unfortunately since the futures space is filled with 20 something year old males who buy into the alpha male, overly hyped up fake guru attitude. In the long run we all learn our lessons either the easy or hard way, and ultimately people will realize just watching a 40 something year old man act 12 won’t actually make them better at trading.
Conclusion
The above is just my general opinion of Patrick Wieland and I wanted to highlight some of the past that people often forget about. Honestly he is entertaining, but that is it, entertainment. If you believe you will learn any actual tangible trading skills from him, you are on a fools errand. A fake guru who ultimately is getting YouTube views for entertainment, all the while misguiding prospective futures traders with the dream.
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