A QUICK ADVISE FOR EVERY PROP FIRM TRADER

[Fairman]

Stop treating every trade like it has to make you money.

Your job is to protect the account and execute your edge consistently.

• Find one strategy and master it
• Backtest before risking real money
• Risk small, you don’t need 5% risk to pass a challenge
• Stop trading after consecutive losses
• Don’t revenge trade
• Don’t force setups because you haven’t traded today
• Take only your A+ setups
• Respect the daily drawdown
• Keep your risk consistent
• Journal every trade, especially your losses
• Focus on execution, not how much you could make
• Once funded, protect the account like it’s your own capital

The goal isn’t to pass a challenge quickly.

The goal is to become consistent enough to keep getting paid.

[PTScalper]

I got it, but honestly i think that for most of the traders is better to learn how to trade properly without aditional rules from prop firms.

Its much more harder for newbies.