VELTRIX💯📈

VELTRIX | Forex Trader | pharmD(in view)

[VELTRIX💯📈 @VELTRIX_tm]

Read and digest it

[Starr🌟 @Starr_gael]

If you’ve never taken a prop account to payout stage, then this post is for you. ‼️

I’ve put together a list of the personal rules that have helped me keep my funded accounts and make consistent payouts for over a year in this post.

I’ve traded prop funded accounts for years and one thing I’ve learned is that staying funded has very little to do with finding the perfect setup because every trader gets good entries from time to time.

The difference however, is what happens when you’re wrong. That gap is what drains accounts so I created a list of my rules that you can easily copy to keep your accounts.

Here are the risk rules I follow before placing a trade. 👇

-: I decide how much I’m willing to lose before I enter a trade and that number doesn’t change once I’m in.

Some setups look so good that you’re tempted to size up halfway through. Don’t.

Good risk management only works when the rules are set before emotions get involved.

-: I don’t increase risk after a loss.

A losing trade doesn’t make the next setup more likely to work and the market doesn’t care that you’re trying to recover what you just lost.

Some of the biggest drawdowns I’ve seen started with someone trying to make back one loss in a single trade, forgetting that the market has no limits on what it can take from you.

-: My stop loss goes where the trade idea is wrong.

If price reaches that level, then the reason I entered the trade is no longer valid. I’ve learned that taking the loss is usually cheaper than trying to give a bad trade more room to work.

-: I only risk an amount that allows me to think clearly.

The easiest way to know you’re risking too much is when the trade starts affecting your behaviour. You’re checking charts every few minutes, watching every candle and looking for reasons to interfere with a plan that was perfectly fine before you entered, that discomfort is simply your body telling you that you’re doing too much. 1% is okay.

-: I don't judge trades by whether they win or lose.

Some of my best trades have been losses and some of my worst trades have been winners. A good trade is one where I followed my plan from entry to exit, regardless of the outcome.

Risk management isn't the most exciting part of trading.
It's also one of the biggest differences between traders who survive long enough to become profitable and traders who keep starting over.

Here’s the updated version of just that closing section:

The market will still be here next week. Make sure you are too, because it is easier to get another entry than it is to get another capital.

Remember to apply and not just bookmark.

Follow me, @Starr_gael, and turn on post notifications to stay updated and be the first to see whenever I make a post.

You’ll find trade documentaries, breakdowns, insights, results and my personal thoughts on my WhatsApp. Click the link below to connect.👇

https://t.co/HOc1mv5KrZ

[VELTRIX💯📈 @VELTRIX_tm]

@Starr_gael This will change my trading.
Thank you for sharing starr

[VELTRIX💯📈 @VELTRIX_tm]

@iamtolufx True

[VELTRIX💯📈 @VELTRIX_tm]

@nzewuwo Nawaoo

[VELTRIX💯📈 @VELTRIX_tm]

@Onlyonecurrency Its going well from my end

[VELTRIX💯📈 @VELTRIX_tm]

@cencyy_ @BlueberryFunded @BlueberryMkts Let's have it 🫴

[VELTRIX💯📈 @VELTRIX_tm]

@debstarfx GM

[VELTRIX💯📈 @VELTRIX_tm]

@Soft_FX0 Gmy

[VELTRIX💯📈 @VELTRIX_tm]

@0xCelebrant @okguynft Gm GM

[VELTRIX💯📈 @VELTRIX_tm]

@Chizzy_tm @Techriztm @TraderRozay @TraderHadesh @QueenXenthe @probernard_02 @kingstonpips Hopefully we become mutual some day chizzy

[VELTRIX💯📈 @VELTRIX_tm]

@Chizzy_tm @Techriztm @TraderRozay @TraderHadesh @QueenXenthe @probernard_02 @kingstonpips Gm GM

[VELTRIX💯📈 @VELTRIX_tm]

@Fxpipstress_ Please FB

[VELTRIX💯📈 @VELTRIX_tm]

@LaudsamN Let's connect bro.
Please FB

[VELTRIX💯📈 @VELTRIX_tm]

@LaudsamN Really 😅

[VELTRIX💯📈 @VELTRIX_tm]

@Fxpipstress_ Avoid men how😅

[VELTRIX💯📈 @VELTRIX_tm]

@Fxpipstress_

[VELTRIX💯📈 @VELTRIX_tm]

@Onlyonecurrency @lex_consults @The_4thMan @Fznation01 Too real 😅

[VELTRIX💯📈 @VELTRIX_tm]

@HORC_PrinceSS Good morning. Wishing you a productive day ahead 👊

I caught it too

[VELTRIX💯📈 @VELTRIX_tm]

@FibTransmuter Good morning. Wishing you a productive day ahead 👊

[VELTRIX💯📈 @VELTRIX_tm]

@Saheed_XM Good morning. Wishing you a productive day ahead 👊