If you trade more than 3 prop firm accounts
THIS IS HOW YOU MANAGE THEM...
ADVICE FROM SOMEONE WHO HIT 7 FIGURES IN FUNDING MULTIPLE TIMES
and also BLOWN that funding because I didn’t know how to manage it properly...
I tried literally every way possible to manage it
I tried trading all my funding at once
I tried rotating my accounts after every trade
Here’s what worked for me:
1) Never trade more than 30% of your total funding at once
This is the basic rule behind every rotation model
You don’t want to end up like me in 2024 trading all your funding at once and blowing it with one stupid trade
Protect your funding so one losing streak doesn’t send you back to $0
Once you get funded you should NEVER have to start from $0 funding again
That’s why I never expose more than 30% of my total funding to one trade
You have 1M in funding? Don’t trade more than 300K at once
You have 150K in funding? Don’t trade more than 50K at once
2) Rotate on a daily basis
The simplest version is to split your accounts into groups and rotate them daily
If you have 1M in funding you could split it like this
Monday -> Group A (300K)
Tuesday -> Group B (300K)
Wednesday -> Group C (300K)
1x 100K stays as backup
Then you keep rotating
Once a group reaches your payout target you stop trading it
For me that target is usually around 3% per funded account
3) Rotate after a payout is locked in
Instead of switching groups every day you trade one group until you either lock in your target payout or breach the accounts in that group
So you start with Group A and trade it until you reach your target
For me that’s 3%
Then you move to Group B
4) Revolving door system
This is one of my favorites because you can still hit payouts while some of your accounts are going through a losing period
You stagger your groups so each one trades for 2 weeks and then pauses for 2 weeks
Week 1 Monday -> Activate Group 1
Week 2 Monday -> Activate Group 2 while Group 1 stays active
Week 3 Monday -> Activate Group 3 and pause Group 1
Week 4 Monday -> Activate Group 4 and pause Group 2
Week 5 Monday -> Bring back Group 1 and pause Group 3
Like a revolving door you keep bringing groups in and out
If one group hits its payout target you can pause it early
5) Just don't risk it all at once
Whatever rotation model you choose is up to u
But if you take ONE thing from this post make it this:
NEVER expose all your funding to one trade or one trading period
Everyone hits losing streaks
So make sure you don't have to start from $0 funding again
1 month later and NOTHING has changed
I still turn down EVERY partnership deal
If a prop firm is trash, I’ll say it
If a prop firm is great, I’ll say it too 🤝
Blew your account because of the news? 😭📉
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Good morning, traders 🌅📈
Payouts aren’t just about withdrawing money. Sometimes, they’re about rewarding yourself and reinvesting in your journey. 💯
I used part of my latest payout to finally upgrade my phone after using the same one for over 2 years. 📱🔥
And to make it even better, I also secured a bigger $50,000 trading account with @BrightFunded .💰
$1M funding journey continues. 🫡