Prop Firm's Help, A Trader's Fear
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This writer has been a regular visitor to this group since he joined few weeks back, how long this visit will continue isn't assured but the fun of seeing other traders' experience keeps me comapnay.
At least I know I'm not alone๐๐
On here I saw someone seek for help to pass a properiety firm challenge.
That to me feels like seeing a sumptous meal you've got to work for before it's handed over to you, you quite know well that you'd do everything humanly possible just to eat that beautiful food.
For me, the emergence of prop firm popping up every where is a huge blessing to every trader but that opportunity ain't going to be handed over to any trader on a cheap.
My approach to getting on a prop firm is this: be ready for the task ahead.
Prop firm change the trading game for me big time, I mean big time. I'm firm on this because it was after I got on a prop firm that I knew what I was doing with $500 is what I did with $20000, however, the result was unbelievable.
The same way I look at the chart, analyse, look at risk management, risk to reward and then take a trade with a $500 account was the same I did with a $20000 account. The profit made me realize that trading is dam sweet, that's when after 20 pips you can just chill and go do something else.
Before I got on a prop firm account, I ask myself if I'm ready. My resolve was to raise $16 to a thousand dollars following my set rules 100%. If I achieve that then I'm ready to buy a challenge.
In that process, I learned awhole lot. I think in seven months I achieved it. It was very slow with lots of up and down but in the end I did it.
After that I got an account and it did change the trading game for me. Now I'm just focus on consistency , hopefully I'll hit my "consistency' target of 95% soon by God's grace.
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