My name is Nicolas. Been in the trading industry for about 3 years. Most of my time has been spent on demo. I am about to begin my first live account with a proprietary firm next week. I have consistently produced profitable outcomes for the past few months which is why I am confident in going live. I appreciate any advice or guidance you all can offer. Thanks for allowing me to introduce myself.
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I suggest you keep your risk exposure small when initially trading with a prop firm. Live trading is a whole new ballgame where emotional challenges of FEAR and PAIN will be constant and where most traders fail to protect their account by overtrading, revenge trading, and gambling.
Best of luck.Hope it all goes well.
Typically on even my own live account I maintain a maximum risk of .5% per trade. Every trade has a purpose therefore every trade is meticulously planned out. I appreciate your advice. I have been blessed to have been given that advice already and I will keep to it!