How to Pass Your Prop Firm Challenge: 7 Pro Tips

Passing a prop firm challenge is 20% strategy and 80% psychology. Most traders fail not because they can't trade, but because they rush.

1. Respect the Daily Drawdown

The daily drawdown is the silent killer. Never risk more than 1-2% of your daily limit on a single trade. If your daily loss limit is 5%, your risk per trade should not exceed 0.5% to 1%.

2. Don't Rush the Process

Most firms give you unlimited time now. Use it. There is no prize for passing in 3 days, but there is a penalty for blowing up your account trying to rush.

3. Stick to Your A-Setup

During the evaluation, only take your highest probability setups. This is not the time to experiment with new strategies.