Avoiding Pitfalls in Prop Trading
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Instant funding prop firms are banking on you blowing that account in under two weeks.
You think you are buying a shortcut to fifty grand, but with tighter drawdown limits
and hidden consistency rules, you are actually walking into a trap. The math is against
you unless you change your strategy. First, stop gambling and drop your risk to
half a percent per trade. Second, use the three-strike rule.
If you lose three trades in a row, close the laptop immediately. And before you buy,
search the firm on Reddit for payout denials. Stop trading for the adrenaline and
start trading to actually survive long enough to withdraw.
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