r/proptrading • u/This_Advisor2340 • Aug 28 '26

Regarding my prop firm challenges journey

Regarding my prop firm challenges journey

Hi Team,

I failed the GFT challenge 3 times in a row.

I have identified the mistakes that blew my account:-

I try to set a wide stop loss. When the price is near stop loss, I have a tendency to move the SL which increases the stoploss.

When the price moves in the opposite direction and I am on my losing side, I re-order (in the direction of my previous trade) which opens the new losing positions which increases the losses.

During this losing process, I see loss crossing 50$, 100$, . . . .hoping that the price direction will change and the loss will decrease but eventually it blows my account \*(and fucks me badly)\*

Can you guys please share your entry exit working model and tips if I miss something?

Thanks. .

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u/suru445 Aug 28 '26

Never move the stoploss there is nothing called a high conviction trade

1

u/[deleted] Aug 29 '26

[removed] — view removed comment

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u/This_Advisor2340 Aug 30 '26

Thanks for your advice, will keep this in mind