From Mini Pepper to Funded Trader: The Story of Emerlito Demegillo
Filipino trader Emerlito Demegillo has turned a €45 challenge into a ticket to the world of professional trading. After forty days of discipline, patience, and persistence, he passed the Mini Pepper Challenge from SpiceProp and is now stepping into a funded account. We caught up with him to talk about his journey, his approach, and what it really takes to make it in prop trading
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Contents
- Why do you like to trade with SpiceProp?
- What is the most important thing that helped you to pass the SpiceProp challenge?
- What was the key moment in your career as a trader?
- How long have you been trading?
- What is your trading plan?
- What quality of your character helped you succeed in the SpiceProp challenge (in three words)?
- What separates the average traders from the best?
- Can you tell us about the best piece of advice that brought you good results in the SpiceProp challenge?
- Could you share with our SpiceProp Trader community some books, online resources, or people who influenced your development?
- Should we learn from ourselves or from others?
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Why do you like to trade with SpiceProp?
I like SpiceProp because they treat their traders with genuine loyalty. It’s not just the service—though that’s good—but the way they give you the sense that you’re valued. They’re transparent, responsive, and they understand that every trader, even a beginner, deserves a fair shot.
What is the most important thing that helped you to pass the SpiceProp challenge?
Number one was risk management. Without that, you’re just gambling. I stuck to my strategy, respected my limits, and didn’t let emotions take over. I think patience played a huge role too—forty days might sound short, but in trading it can feel like a lifetime.
What was the key moment in your career as a trader?
The turning point for me wasn’t a single “big win.” It was the moment I realised trading is less about chasing profits and more about constantly improving your skills. Once I shifted my focus to learning, the results started to come naturally.
How long have you been trading?
Almost five years now. I started young, made plenty of mistakes, but every one of them taught me something. I don’t regret the losses—they were like tuition fees for the real education.
What is your trading plan?
Patience, multiplied by three. I wait for the right setup, no matter how long it takes. I’d rather sit on my hands than jump into the wrong trade. Discipline is what separates a plan from chaos.
What quality of your character helped you succeed in the SpiceProp challenge (in three words)?
Patience. Emotional control. And the ability to avoid overtrading. These three are my anchors. Without them, I’d never have made it through.
What separates the average traders from the best?
The best traders never stop learning. They test, they refine, they adapt. Average traders often look for shortcuts, but the truth is you have to build a system that can carry you in the long run.
Can you tell us about the best piece of advice that brought you good results in the SpiceProp challenge?
It’s simple: don’t force the market. If you try to squeeze money out of it, you’ll only end up losing. The market doesn’t owe you anything—you just wait, and eventually it gives you the right opportunity.
Could you share with our SpiceProp Trader community some books, online resources, or people who influenced your development?
Of course. I believe in sharing knowledge, especially with those who are hungry for success. I’ve picked up wisdom from forums, YouTube channels, and articles—but what matters most is how you apply it. Resources can guide you, but the real work is yours.
Should we learn from ourselves or from others?
Both, but in my case, I’ve learned the most from myself. Experience is the toughest teacher, but also the most honest one. That said, I constantly research online, read, and watch others to gather ideas. Then I test everything myself. That balance is what keeps me growing.
