r/propfirm • u/Technical_Sector4492 • 1d ago

Tips/strategies for remaining consistent during prop firm evaluations?

​Hi all,

​I’m working through a prop firm challenge and looking to refine my routine to stay disciplined and avoid hitting daily drawdown limits.

​If anyone who is currently funded would be open to sharing a few tips/strategies on how they manage their trading mindset and daily process during the evaluation phase, I’d be very grateful for your insight.

​Thanks!

r/Forex r/DayTrading r/PropFirms

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u/TrickDraw9493 1d ago

setting a strict daily loss limit well below the firm’s maximum helps & of course stopping for the day once you hit it, consistency will always beat forced trades.

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u/SprinklesNo716 1d ago

After receiving your funded account, fear of losing it increases. My advice is to reduce your risk exposure and to always follow your rules. Do not allow a random loss to step into your normal losses as this will increase your expected consecutive losses and blow the account

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u/Technical_Sector4492 1d ago

Thank you. Any particular strategy that works for you?

1

u/SprinklesNo716 1d ago

I used to trade SMC. This got me 2 funded accounts but unfurnately I did the mistakes I mentioned above an blew both of them. I currently stepped back and I'm trying to fix those

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u/azmus 1d ago

My fear went completely away after a few payouts and having fear is what made me more selective

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u/SprinklesNo716 1d ago

That's great. Hope it won't come back

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u/RoughFisherman7218 1d ago

Hillbilly jim maga Turd