How to Pass Any Prop Firm Challenge: The 15-Point Strategy
90% of prop firm challenges fail. But the 10% who pass consistently share common strategies. Here are 15 proven tactics to join that successful minority.
Strategy 1: Calculate Your Exact Risk Per Trade
Before any challenge, know your numbers:
- 10% max drawdown on $100K = $10,000 total buffer
- If risking 1% per trade = $1,000 risk
- That's 10 consecutive losers before violation
- Risk 0.5% = 20 losers of buffer
Rule: Never risk more than 1% per trade. 0.5% is safer.
Strategy 2: Forget the Profit Target Initially
The biggest mistake: focusing on hitting 10% as fast as possible.
- Focus on: Following your system consistently
- The target is a byproduct of consistent execution
- Rushing = overtrading = violation
Strategy 3: Set a Maximum Daily Loss
Even if the firm allows 5% daily, limit yourself to 2%:
- After 2% loss in a day, STOP trading
- Revenge trading is the #1 account killer
- Tomorrow is another day with fresh opportunities
Strategy 4: Trade Only A+ Setups
During evaluation, trade LESS than normal:
- Only take your highest-probability setups
- Skip borderline trades that work "sometimes"
- Quality over quantity wins challenges
Strategy 5: Keep Position Sizing Consistent
Firms watch for:
- Dramatically increasing lot sizes after losses
- Massive bets to hit profit target at end
- Inconsistent risk management patterns
Keep your lot size consistent. It signals professional trading.
Strategy 6: Understand YOUR Drawdown Type
- Equity-based: Floating losses count (FTMO, E8)
- Balance-based: Only closed trades count (FundedNext)
- Trailing: Moves up with profits (Apex)
Choose challenges that match your trading style.
Strategy 7: Create a Trading Schedule
Don't trade 24/7. Set specific hours:
- London session: 3am-12pm EST
- New York session: 8am-5pm EST
- Overlap: 8am-12pm EST (highest volatility)
Consistent schedule = consistent results.
Strategy 8: Avoid First Week FOMO
Many traders blow accounts in week 1 trying to "get ahead."
- Weeks 1-2: Trade minimal risk, get comfortable
- Weeks 3-4: Gradually increase to normal risk
- No time limit = no rush
Strategy 9: Use Stop Losses - ALWAYS
Never trade without a stop:
- Slippage can exceed your mental stop
- Internet cuts = unprotected position
- Firms track whether you use stops
Strategy 10: Track Every Trade
Keep a detailed journal:
- Entry/exit with reasoning
- Emotional state during trade
- What you'd do differently
Patterns emerge that help you improve.
Strategy 11: Know the Hidden Rules
Before starting, research:
- News trading restrictions
- Weekend holding policies
- Maximum lot sizes
- Copy trading policies
Getting funded then losing it to a technicality is devastating.
Strategy 12: Take Profits Regularly
Don't try to let winners run forever:
- Book profits at predetermined levels
- Partial profits at 1:1, run remainder
- Locked-in profits can't be given back
Strategy 13: Avoid Major News Events
Unless news trading is your strategy:
- Close positions before FOMC, NFP, CPI
- Slippage during news can exceed stops
- Many firms restrict news trading anyway
Strategy 14: Have Multiple Attempts Budgeted
Expect to fail your first 1-2 challenges:
- Budget for 3 attempts minimum
- Each failure teaches valuable lessons
- Psychology under evaluation differs from demo
Strategy 15: Treat It Like Real Money
The challenge IS real money - yours.
- You paid the fee
- Successful traders take it seriously
- Professional mindset leads to professional results
Final Thoughts
Passing a prop firm challenge isn't about trading skill alone - it's about discipline, risk management, and psychology. The best traders aren't the most profitable; they're the most consistent.
Apply these 15 strategies consistently, and you'll join the 10% who pass and get funded.
PropFirmCircle Team
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