Why 85% of Traders Fail
📝 Content Coming Soon
- • The psychology of prop firm pressure
- • Why skilled traders still fail evaluations
- • Common patterns in failed challenges
- • The cost of repeated failures ($300-$600 per attempt)
MISTAKE #1
Over-Leveraging: The Silent Account Killer
📝 Content Coming Soon
- • What is over-leveraging and why it's tempting
- • Real example: $100k account blown in 3 trades
- • The "sure thing" trade fallacy
- • How to calculate proper leverage for your account
- • Maximum position size rules by prop firm
- • Solution: The 1% rule and why it's non-negotiable
MISTAKE #2
Revenge Trading: Emotional Death Spiral
📝 Content Coming Soon
- • Psychology behind revenge trading
- • The downward spiral: Loss → Anger → Bigger loss
- • Case study: From -$400 to -$5,000 in 2 hours
- • Warning signs you're entering revenge mode
- • Solution: The 2-loss rule and mandatory breaks
- • Mindfulness techniques for emotional control
MISTAKE #3
Ignoring Daily Loss Limits
📝 Content Coming Soon
- • What is the daily loss limit (typically 5%)
- • How floating P&L affects your limit
- • Common misconception: "I was up $2k earlier today"
- • Real example: Trader hits -5% while technically "up" on day
- • Platform alerts and how to set them correctly
- • Solution: The -4% hard stop rule
MISTAKE #4
Trading Without a Plan
📝 Content Coming Soon
- • "Winging it" vs having a documented strategy
- • Why discretionary trading fails in evaluations
- • Components of a proper trading plan
- • How to backtest your strategy before challenge
- • The danger of switching strategies mid-challenge
- • Solution: Trading plan template and 100-trade rule
MISTAKE #5
Poor Platform Setup and Technology Issues
📝 Content Coming Soon
- • Platform crashes during critical trades
- • Wrong position size due to unfamiliarity
- • Not setting up automatic stop losses
- • Internet connection failures
- • News event calendar not configured
- • Solution: Pre-challenge platform mastery checklist
Your Action Plan to Avoid All 5 Mistakes
📝 Content Coming Soon - Complete Checklist
- • Pre-challenge preparation (2 weeks before)
- • Daily discipline checklist
- • Real-time monitoring tools
- • Emergency stop protocols
- • Post-trade review system
- • Mental reset techniques
Ready to Pass Your Challenge?
Now that you know what NOT to do, learn the complete framework for passing prop firm evaluations.
Read Complete Passing Guide