There have been quite few books written about this, and mainly, they deal with how to avoid being defeated by your own fear and greed. Fair enough, and this article does NOT replace them.
The books are best suited to those who have traded for a while, and need to improve their performance. If you are a beginner, you won't know the first thing about the various...
Prop-firms tell us to come trade for them so that they can take trades off our ideas. In reality they make their money on relying on the fact that 95% of traders are unprofitable and will fail either the challenge or verification stages of their trading.
People fail because either they do not have a real edge on the market, they cannot control their emotions, or...
TOP TIPS TO PASS PROP FIRM CHALLENGES (FTMO, MYFOREXFUNDS ETC..)
1. TREAT THE ACCOUNT AS IF ITS HALF THE SIZE.
For example; If the challenge is a 100k challenge, treat it like its a 50k challenge and enter your positions according to that.
That way, your losses wont be as big and if your strategy/analysis is good then you'll eventually pass the challenge.
Most...
TOP TIPS TO PASS PROP FIRM CHALLENGES (FTMO, MYFOREXFUNDS ETC..)
1. TREAT THE ACCOUNT AS IF ITS HALF THE SIZE.
For example; If the challenge is a 100k challenge, treat it like its a 50k challenge and enter your positions according to that.
That way, your losses wont be as big and if your strategy/analysis is good then you'll eventually pass the...
Hi,
I have just recorded this video to demonstrate the effectiveness and ease to find your edge with our strategy.
Any funded traders, attacking a challenge - you need to watch this too!
A 1:2 RR requires a 33% win rate and above, here you can see 100%+ gains YTD risking just 2% per trade on your account.
Simple trade with no bias and no emotion to any...
