Aug 21 • General discussion
Little Trick To Help Prevent Blowing Funded Accounts
Once you have qualify for a FUNDED ACCOUNT. (Eligible to get pay on your trading)
THE VERY FIRST THING YOU SHOULD DO BEFORE TAKING ANY TRADES:
Go into your backend settings, and put a LIMIT on your daily MAX LOSS on the account. (Both RITHMIC and TRADOVATE will have this option.)
For me personally I use either $600 or $1000 depending on how big my account is.
For a 50K account, I recommend $600 MAX LOSS for the day.
What happens is...it will help you prevent over trading by locking you out once you hit the $600 max loss.
You need to respect your rules and process and DO NOT go back in and remove the limiter once you have hit it on the day.
Respect your rules is respecting yourself.
If you can't even do that...life is going to slap you and it's just, well, you get it...lol
0
0 comments
Little Trick To Help Prevent Blowing Funded Accounts
powered by
skool.com/100k-payoutmonth-w-propfirms-9564
This challenge equips you with a step-by-step framework, strategies, and community accountability to unlock rapid growth and achieve monthly payouts.
Suggested communities
Powered by