Why is it that traders from years ago needed 3–4 years to become profitable…
but these days newbies don’t even reach 1 year and they’re already withdrawing back to back 😒📊
What changed?
@_nazatrades I think say Na me mad. Cause I know the amount of work I pour into making this work and someone says trading is supposed to be a side hustle. I don't know how they do it but I'm yet to figure it out..... Even being active at my shop makes me miss entrees
This isn't risk management, this is fear disguised as risk management.
No one became profitable risking $62 on a 10k account. You could have as well just bought 2.5k account
my personal Rule:
Small risk. Consistent execution→Funded account. 💰📈
so this basically will depend on the firm's rules, but on a $25k prop account, I'd be risking 0.25%–0.5% per trade.
0.25% risk = $62.50
0.5% risk = $125
my goal on a prop account isn't to get rich or pass account from one trade.
I specifically want to:
-Protect the account
-Stay far from drawdown limits
-Survive losing streaks
-Be around long enough to catch the A+ setups
i realised most of my trader friends fail prop challenges because they risk like they're trying to flip the account.
i risk like am trying to keep it.