Propfirm Trading

How do you manage impulsive behaviour while trading a propfirm challenge?

Hi @selector,

Impulsive behavior is driven by lack of self discipline. We have to train ourselves to react according to the plan. Detach ourselves from emotion, try to control it. Emotion will let our greediness up. When we win, we will become reckless and bold. When we loss, we will blame anything, anybody we can :sweat_smile:

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Since you’ve headed it “Propfirm Trading” I’ve moved your thread to the Prop Firms folder (where it may be seen by more members with prop firm experience and/or interest in the subject).

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My two suggestions would be …

(a) Do exactly what you need to do, to pass it, on your own demo account, two or three times first and don’t pay the prop firm for their demo account assessment until you know your method works, and works for you, and …

(b) Use a method that’s rule-driven and needs as few subjective inputs from the trader as possible, to try to put yourself in a position where your own feelings are less likely to impact on the results

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How do you detach yourself every time emotion kicks in?

Hi @selector,

You need to have trading plan. Never trade without trading plan, that’s all.
Most trader get too emotional because they have no trading plan, cant see market clearly. This is the reason for playing with emotion.

Try to analyze market logically. :slightly_smiling_face:

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