Before you Start

                                                

• First and foremost requirement to start trading is Mindset. strong mindset is the key to survive in trading and by that means you have patience, not afraid , not greedy and can control revenge trading.

• Second is  strategy, you must consistently follow a strategy , whether its trading strategy or  planning strategy

• Once started forget about payouts for at least three months , focus on consistently sticking to your rules 

• Before deciding to jump into this profession make your mind, self analysis your strengths and weaknesses and focus on improving yourself.           

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Planning 

• Buy one account with any prop firm of your choice , start with one account , for long term 150K accounts are recommended but for starting and low budget options you can start with 50K , smaller accounts seems easy to pass but they blow up easily too. 

• Try to pass in one month to avoid monthly subscription fee and payouts will be on the way , if started with smaller account try to buy a bigger account for long run from the payouts only not from pocket.

• Losses are part of trading , no more than two trades a day is ideal and somedays no trade at all , avoiding losses overall green month is the goal , no trade is better than red day.

• Accept the loss if two trades are done , do not keep trading to cover your losses , that is revenge trading