Phase 4 – Become Funded
Open and pass a prop firm evaluation and become funded
(speak to your mentor for advice on reputable prop firms)
Continue to increase and maintain monthly profits
Maintain all the habits established in phase 1
Maintain all the habits established in Phase 2: Review | Implement | Backtest
Continually improve trading system and execution
No Limit
Open and pass a prop firm evaluation and become funded
Continue to increase monthly profits
Maintain all the habits established in phase 1 & 2
They will review your progress an confirm if you are ready for Phase 5
Open and pass a prop firm evaluation and become funded
Continue to increase monthly profits
Maintain all the habits established in phase 1 & 2
This is your hub for upcoming news that will cause volatility in the markets. Bookmark and download the phone app
Take the school of Pipsology in addition to the academies to understand the market in greater detail. Bookmark this site.
Journal your trades, win ratio, pips, calculate lot sizes and more. Every trader who is really serious about success does this process!
Currency correlation chart on mataf.net. Allows you to see how pairs move in relation to each other. Bookmark this site.
📈 Master The Basics. Take Your Time!!!
📈 Never Ever Quit. You can only fail if you give up!
📈 Treat Trading Like a business you have invested your life savings in
📈 Record all your trades in detail (include Entry, Stop Loss, Take Profit) Record the rules you took, or broke, to enter the trade. Record your trade management - did you exit to early, did you move to break even and when, did you increase your Stop Loss.
📈 Review each Trade, win or lose. Track the data and see why you won or lost. You will find what works for you and take your trading to the next level. You must do this if you are serious about being a successful trader