How To Pass A Prop Firm Challenge Like A Pro!
In this video, we discuss tactics to help you pass a prop firm challenge. If you've been on the journey toward getting funded to trade Forex, you know that passing a prop firm challenge such as FTMO or 5ers is not easy.
So what's your chance of passing a prop firm challenge? I'll get there in a second... But for the past 2 years, I've been extremely curious as to why 2 traders - with the EXACT same strategy given to them - could get different results. One passes and gets a $50k funded account, the other one fails and stays frustrated for the next 12 months trying countless challenges hoping to pass. Do you need to be smart to get funded or start a hedge fund? The answer to that is clearly no! So what's the difference? Well you can't guarantee you'll pass a prop firm challenge, but you can at least increase your odds. In fact, people I coach have a 82% chance of passing their first challenge. Compared to 16% being the industry average (for prop firms). I know you wanna know how...so I prepared a special video for you:
Here are a couple of things you'll learn from the video:
- What is in the trading plan of a successful funded trader
- How to use your strengths during a prop firm challenge
- Modify any trading strategy to get stats prop firms will love
- And much more!
Also: Quick reminder that our Ultimate Prop Firm Trading Program has -25% off during the Black Friday weekend. It's still available until November 29th (Monday). I hope this gives you the chance to grab it at a discount! Check out the special deals here: https://d2t.link/BLACKFRIDAY
Chapters:
00:00 Start
00:20 Intro to passing prop firm challenges
01:09 Having a specific trading plan
01:35 Proven strategy rules
02:11 Execution rules
02:45 Risk management
03:48 Practice of the challenge phase
03:53 Pass the criteria of the prop firm
04:08 Familiar with the platform
04:24 Modify your trading for the prop firm
04:56 Knowing your strengths and weaknesses - Etienne
05:08 Where you're likely to fail
05:28 Monitor your progress
06:11 Get back on track quickly
06:43 Recap: how to pass a prop firm challenge
07:00 Black Friday (Ultimate Prop Firm Trading program)
// SOCIAL
Forex Trader Community (Facebook Group): https://d2t.link/FBgroup
Facebook: https://www.facebook.com/desiretotrade/
Twitter: @desiretotrade
IG: @etiennecrete
// TRADING MUST-HAVE RESOURCES
Forex Broker (Pepperstone): https://d2t.link/pepperstone
Forex Broker for Canada (Axi): https://d2t.link/axitrader
Best Platform: https://d2t.link/tradingview
Backtesting Tool: https://d2t.link/soft4fx
VPS (for algo trading): https://d2t.link/vps
Trading Journal: https://d2t.link/journal
// MUSIC
David Cutter Music - http://www.davidcuttermusic.com
Andrew Applepie - https://andrewapplepie.com/
// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.
// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
AFFILIATE LINKS
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