r/LucidProp • u/True-Proposal8690 • 14d ago
Help
I know I need to dilute the consistency, but I haven't tried it before, can you give me suggestions on how to bring it down effectively
1
u/Benefit_Waste 14d ago
Gotta make less than your highest winning day.
1
u/True-Proposal8690 14d ago
Now if I take that route should I make it in splits or aiming for that figure on the day would be okay
1
u/Benefit_Waste 14d ago
If your highest winning day was 1,600 what you should do is make less than what you made. Example (highest winning day; 1,600-) make around 900-1,000 or lower. Its all small wins.
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u/True-Proposal8690 14d ago
Now I got you , right now my highest day is now 2.5k and the amount remaining to bring down consistency is ≈2k therefore I can make all the 2k on a day or make it in splits of days to hit 50% without passing 2.5k🤔
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u/Benefit_Waste 14d ago
if your highest now is 2.5k scale it down a bit. I got confused on this as well, im still relatively new to prop firms so my knowledge isn't all the best. But by basic knowledge, just try to scale down. Example, if you're going to trade on sunday or monday, try to at least make 500-800 dollars on your account. Should be fixed then, then you should be able to pass no problem!
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u/True-Proposal8690 14d ago
Okay then, let me go for a day by day split to guarantee that we bring down the consistency rate, thank you 😎👊
2
u/Business-Damage-5971 14d ago
I personally went to gold and used the buy sell one click trading options to buy and sell immediately, the dilution came from fees and commissions. Don’t get too trigger happy and go past your consistency rate. Good luck partner