DO’S AND DON’TS OF PROP FIRMS

Do’s and Don’ts of Prop Firms

Do’s and Don’ts of Prop Firms

Blog Article

Do’s:



  1. Stick to the Rules: Follow the firm’s risk management and trading guidelines.

  2. Develop a Strategy: Use a solid, consistent trading plan.

  3. Manage Emotions: Stay disciplined and avoid emotional decisions.

  4. Track Performance: Use feedback and data to refine your strategy.

  5. Focus on Consistency: Aim for steady growth over quick profits.


Don’ts:



  1. Don’t Overleverage: Avoid risking too much per trade.

  2. Don’t Chase Losses: Stick to your plan instead of making rash trades.

  3. Don’t Ignore Guidelines: Violating rules could lead to losing your account.

  4. Don’t Skip Evaluations: Use feedback stages to improve.

  5. Don’t Expect Instant Success: Be patient and focus on the long term.

Report this page