#maximum drawdown

[justforbooks]

Explainer

The unprecedented conditions firefighters are facing in LA

Fire crews are facing dire challenges, hurdles that have intensified the fires and are complicating the response

As multiple fires rage around the Los Angeles basin, the 7,500 fire and emergency personnel on the ground are facing unprecedented conditions.

At least five LA residents have been killed, and the death count is expected to rise as responders search burned areas. At least 10,000 structures have been destroyed, and several of the five blazes are still burning out of control.

“This is what our crews train for,” Capt Adam VanGerpen of the Los Angeles fire department told local news. “We’re used to keeping long hours. What’s keeping us going is there’s work to do. There are still homes on fire, there are people being evacuated. We’re just at the beginning stages of this.”

Fire crews are facing dire challenges, hurdles that have intensified the fires and are complicating the response.

Whipping winds

Hurricane-force winds peaked at 100mph in some areas of the LA basin during the week. Most of the mountain areas remain under a red-flag warning, indicating that any fires that start will spread rapidly. High winds stopped scooper planes and helicopters from dropping water on the fires on Tuesday night, and may do so in the future. But they can also disperse dropped water in all directions, instead of allowing it to drop on flames.

In addition, winds blow embers into new areas. Dry desert air from the east – which is not normal this time of year – has been fanning the flames while blowing over hilltops and down through the canyons. That makes the job of containing a fire much harder.

“This wildfire was the most chaotic winds I’ve experienced in 20 years,” Capt Erik Scott, a Los Angeles fire department spokesperson, said about the Palisades blaze, the largest of the fires.

“These were the chaotic winds that we were absolutely worried would create the explosive fire behavior that we do have,” Scott said. “It’s not just the flame fronts that take out houses. It’s the ember cast that can fly a mile or two in front and will land on a property or go in somebody’s attic and burn homes from the top down.”

In addition, low humidity sucks water from grasses and trees, making them more susceptible to fire.

Dry hydrants

When firefighters turned on hydrant valves in parts of the Pacific Palisades neighborhood to fight blazes on Tuesday night, they found low water pressure – or, in some cases, dry hydrants. The Los Angeles department of water and power (LADWP) was pumping from aqueducts and groundwater, but demand outpaced supply in the 1m-gallon tanks, leading to low water pressure.

LA mayor Karen Bass estimated that 20% of hydrants ran dry in the Pacific Palisades, where more than 1,000 structures have been lost. Hydrants are designed for fighting one or two fires at a time – not hundreds of buildings and homes on fire.

Three million gallons of water were available when the Palisades fire started, said Janisse Quiñones, head of LADWP, later at a news conference. But the demand had been four times greater than “we’ve ever seen in the system”.

Personnel

There are 9,000 firefighters in Los Angeles county between the county’s fire department and other fire agencies, which is not sufficient to address all the fires in the region, according to fire officials. With local firefighting capacity close to the maximum, authorities are calling on outside help to battle the blazes.

Anthony Marrone, the LA county fire department chief, said on Wednesday that all 29 county fire departments are at “a drawdown, with no fire apparatus or additional personnel to spare.”

LAFD put out notice of a “recall operation”, asking all off-duty crews to report their availability to assist in firefighting – the first time in 19 years the department has had to turn to this protocol.

Other parts of the region are stepping in to help. Crews from Alameda county, Oakland, Hayward and Fremont fire departments were sent to help. Arizona, Nevada, Washington and Oregon sent teams to assist as well.

Roadblocks

Hundreds of cars were left blocking Palisades Drive and Sunset Boulevard, two of the main corridors in and out of Pacific Palisades. As people abandoned their cars and fled on foot, first responders were forced to push more than 200 cars aside with bulldozers so firefighting crews could drive up the hill to houses in danger.

Daily inspiration. Discover more photos at Just for Books…?

[ukrainenews]

Update June 26, 2023

Under the cut:

The Russian warlord Yevgeny Prigozhin has reappeared for the first time since abandoning his armed mutiny on Saturday evening, issuing a defiant 11-minute statement in which he defended the Wagner uprising and said that “society demanded it”. In the statement, Prigozhin denied that Wagner sought to topple Putin and said that the uprising had shown that there were “serious problems with security on the whole territory of our country”.

The US is expected to announce another military aid package to Ukraine totaling approximately $500 million, a US official told CNN.

Ukraine's military intelligence chief accused Russia on Tuesday of "mining" the cooling pond used to keep the reactors cool at the Russian-occupied Zaporizhzhia nuclear plant in Ukraine's south.

EU countries on Monday agreed to increase the maximum size of a fund used to finance military aid for Ukraine by 3.5 billion euros ($3.8 billion) to 12 billion.

Russian intelligence services are investigating whether Western spy agencies played a role in the aborted mutiny by Wagner mercenary fighters on Saturday, the TASS news agency quoted Foreign Minister Sergei Lavrov as saying on Monday.

Frontlines across Ukraine have seen heavy combat over the past two days, with more than 20 engagements occurring in areas in the Donetsk region – chiefly Lyman, Marinka and Bakhmut, according to the Ukrainian military.

The Russian warlord Yevgeny Prigozhin has reappeared for the first time since abandoning his armed mutiny on Saturday evening, issuing a defiant 11-minute statement in which he defended the Wagner uprising and said that “society demanded it”.

In the statement, Prigozhin denied that Wagner sought to topple Putin and said that the uprising had shown that there were “serious problems with security on the whole territory of our country”.

“It was not our goal to overthrow the regime,” Prigozhin said in the voice memo, which was uploaded to his Concord Group’s Telegram page.

“We stopped at that moment, when it became clear that much blood would be spilled,” he continued, describing the progress of a military convoy that reached striking distance of Moscow. “That’s why we believe that the demonstration of what we were planning to do was enough. Our decision to turn back had two factors: we didn’t want to spill Russian blood. Secondly, we marched as a demonstration of our protest.”

He once again accused the Russian defence ministry of targeting his troops with artillery fire, calling it the “trigger for us to move out immediately”.

“The goal of the march was to not allow the destruction of the Wagner private military company and hold to account the officials who through their unprofessional actions have committed a massive number of errors. Society demanded it.”

Prigozhin acknowledged that his troops had killed Russian airmen during their uprising, saying they “regretted that they were required to carry out strikes against aircraft but they were hitting our forces with bombs and rocket strikes”.

He also claimed that the troops movement into Russia was a “masterclass” in how Russia should have carried out its 24 February 2022 invasion of Ukraine, which failed to achieve its goal of taking Kyiv.

-The Guardian

~

The US is expected to announce another military aid package to Ukraine totaling approximately $500 million, a US official told CNN.

The aid, which is expected to be announced on Tuesday, will include additional Bradley and Stryker fighting vehicles, the official said, and will be provided to Ukraine via Presidential Drawdown Authority. Ukraine lost several armored vehicles in the early days of its counteroffensive, which US officials believe Ukrainian forces launched earlier this month.

The package comes as US officials continue to assess what impact the Wagner rebellion inside Russia will have on Russia’s war in Ukraine. US and western officials told CNN last week that the Ukrainian counteroffensive has not been meeting expectations, with Russian lines of defense proving well-fortified. Russian forces have also had success bogging down Ukrainian armor with missile attacks and mines and have been deploying air power more effectively.

The last package, announced earlier this month, was valued at about $325 million and included new air defense and rocket systems for Ukraine.

The US has provided more than $39 billion in security assistance to Ukraine since the beginning of Russia's invasion in February 2022, including $22 billion in presidential drawdowns.

-CNN

~

Ukraine's military intelligence chief accused Russia on Tuesday of "mining" the cooling pond used to keep the reactors cool at the Russian-occupied Zaporizhzhia nuclear plant in Ukraine's south.

The six-reactor complex, Europe's biggest nuclear plant, has been under occupation since shortly after Moscow's forces invaded in February last year.

"...Most terrifying is that the Zaporizhzhia nuclear plant was additionally mined during that time... namely the cooling pond was mined," Kyrylo Budanov, head of the GUR agency, said on television, without providing evidence for his assertion.

Reuters requested comment from the Russian defence ministry.

The two sides have accused each other of shelling the plant and its environs, and international efforts to establish a demilitarised zone around the complex have failed so far.

Ukraine's Defence Ministry, meanwhile, dismissed as "null and void" a Russian suggestion that it could be building a "dirty bomb".

The ministry said the suggestion, made on Monday by Sergei Naryshkin, the head of Russia's SVR foreign intelligence service, was first advanced by Moscow last year.

The move was, a ministry statement said, aimed at "diverting attention from the clear defeats by occupation forces at the front and sowing distrust among Ukraine's Western allies".

"If Russia is talking about a 'dirty bomb', its use by Russia could be a real threat," the ministry said.

Naryshkin had called on the U.N. nuclear watchdog and the European Union to investigate the dispatch of "irradiated fuel" from the Rivne nuclear plant in western Ukraine for disposal at a spent fuel storage facility in Chornobyl.

The U.N.'s International Atomic Energy Agency said it had reported this month on the transfer of spent fuel from Rivne to Chornobyl and taken full account of the material.

-Reuters

~

EU countries on Monday agreed to increase the maximum size of a fund used to finance military aid for Ukraine by 3.5 billion euros ($3.8 billion) to 12 billion.

The European Peace Facility (EPF), which EU countries contribute to according to the size of their economies, has already allocated some 4.6 billion euros in military aid for Ukraine. It is separate from the EU's budget, which is not allowed to finance military operations.

"Today's decision will again ensure that we have the funding to continue delivering concrete military support to our partners' armed forces," the bloc's top diplomat Josep Borrell, who had requested the increase, said in a statement.

"The facility has proven its worth. It has completely changed the way we support our partners on defence. It makes the EU and its partners stronger," he said.

Hungary on Monday said it would not lift a block on a 500 million euro tranche of the existing fund until Kyiv removes Hungarian bank OTP (OTPB.BU) from a list of companies it deems "international sponsors" of Russia's war in Ukraine.

Hungary has branded the bank's inclusion "scandalous".

Foreign Minister Peter Szijjarto, speaking in Luxembourg, said that Budapest was ready to change its mind if Ukraine dropped the blacklisting.

The EPF, established in 2021, was conceived for the EU to help developing countries buy military equipment. But the 27-member union quickly decided to use it also to get weapons to Ukraine after Russia's invasion in February last year.

The fund allows EU countries that supply weapons and ammunition to Ukraine and claim back a portion of the cost.

-Reuters

~

Russian intelligence services are investigating whether Western spy agencies played a role in the aborted mutiny by Wagner mercenary fighters on Saturday, the TASS news agency quoted Foreign Minister Sergei Lavrov as saying on Monday.

In an interview with Russian RT television, Lavrov said U.S. Ambassador Lynne Tracy had spoken to Russian representatives on Sunday and given "signals" that the United States was not involved in the mutiny and that Washington hoped that Russia's nuclear arsenal would be kept safe, TASS said.

Lavrov also quoted Tracy as saying the mutiny was Russia's internal affair.

Several Western leaders have said the incident shows that instability is growing in Russia as a result of President Vladimir Putin's decision to send his armed forces into Ukraine early last year.

Asked whether there was any evidence that neither Ukrainian nor Western intelligence services were involved in the mutiny, Lavrov replied:

"I work in a department that does not collect evidence about illegal actions, but we have such structures, and I assure you, they already understand this."

Doubts over Wagner's future have raised questions about whether it will continue its operations in African countries such as Mali and the Central African Republic, where its forces have played a big role in long-running internal conflicts.

Since the war in Ukraine undermined Russia's ties and trade with the West, the Kremlin has also been underlining its commitment to Africa.

Lavrov told RT that Mali and CAR both maintained official contacts with Moscow alongside their relations with Wagner, adding: "Several hundred servicemen are working in the CAR as instructors; this work, of course, will be continued".

A presidential advisor for CAR's president told Reuters on Monday that nothing had changed since the weekend events in Russia.

Fidele Gouandjika said Wagner was not officially established in the country, and that the military cooperation agreement they signed was with the Russian Federation, which deploys contingents of its choice.

"The first one (is) made of Russian instructors to train our security forces … the second contingent are soldiers that the West calls Wagner," he said.

"Russia sent us Wagner but we signed with Russia and so if they sent us private militias that's their choice. We keep working with the soldiers that Russia sent," he said.

Lavrov also said Ukrainian allegations that Russia plans to stage an attack involving a release of radiation at the Zaporizhzhia nuclear plant in southern Ukraine were "nonsense", TASS reported.

-Reuters

~

Frontlines across Ukraine have seen heavy combat over the past two days, with more than 20 engagements occurring in areas in the Donetsk region – chiefly Lyman, Marinka and Bakhmut, according to the Ukrainian military.

In its operational update, the General Staff said the Russians also carried out 25 air strikes over the past day.

There had been heavy Russian artillery and mortar fire in the Kupyansk area of Kharkiv, where the Russians have been trying to break through for over a month, the Ukrainians said.

The General Staff insisted all Russian efforts to take territory had been foiled. Across the Donetsk frontlines, the fighting was characterized by exchanges of indirect fire, but with little movement.

However, the Ukrainians say they are on the front foot around Bakhmut.

“(Troops) hold the initiative, continue assault operations and push the enemy back. Over the last day, the Ukrainian forces advanced 600 to 1,000 meters on the southern and northern flanks around Bakhmut,” said Serhii Cherevatyi, spokesperson for the Eastern Grouping of the Armed Forces. Nearly 200 Russian soldiers had been killed in the last day, and a variety of Russian equipment had been destroyed, according to Cherevatyi.

CNN cannot verify Ukrainian claims of battlefield gains, or casualties.

In the south, where Ukrainian forces have attempted to break through Russian lines, the General Staff said a Russian effort to regain lost positions in the area of Novodarivka had also failed.

Russian artillery continued to strike about 30 settlements along the frontlines in the Zaporizhzhia region, it said.

In Kherson, Nataliya Humenyuk, a spokesperson for Ukrainian forces in the south, said the Russians struggled to regain positions on the east bank of the river Dnipro, which was flooded by the recent damage to the dam at Nova Kakhovka.

“Their work is complicated by the spread of intestinal infections,” Humenyuk said.

-CNN

[topinformationforyou]

How to Start a Sports Prop Firm: A Complete Beginner’s Guide

Are you passionate about sports and interested in building a business that combines analytics, trading, and betting? Start a sports prop firm could be your perfect opportunity. With the rise of proprietary trading models and data-driven sports wagering, launching your own sports prop firm is more achievable than ever—if you know how to get started.

In this guide by PropFirmsTech, we’ll break down exactly what you need to know to launch your own sports prop firm, even if you're a beginner.

What Is a Sports Prop Firm?

A sports prop firm operates similarly to a proprietary trading firm, but instead of trading financial markets, it focuses on sports prop bets—wagers on specific outcomes within a game (e.g., total yards by a quarterback, number of goals by a player).

The firm funds traders or bettors who demonstrate consistent success and risk management. In return, the firm earns a share of the profits. Think of it as a hedge fund model—but for sports betting.

Step-by-Step Guide to Starting a Sports Prop Firm

1. Understand the Business Model

Before you invest time or money, understand how a sports prop firm works:

You provide capital to skilled sports traders/bettors

They place data-backed prop bets under your firm’s guidelines

Profits are split, typically 70–80% in favor of the trader

Your firm earns from volume, consistency, and scaling success

Make sure you’re familiar with sports betting markets, especially prop bets across NFL, NBA, soccer, and more.

2. Research Legal & Regulatory Requirements

Regulations vary by region. Here’s what you’ll need to consider:

Licensing: Depending on your jurisdiction, you may need a gambling operator’s license

Legal structure: Set up an LLC or relevant business entity

Compliance: Partner with legal advisors to stay updated on sports betting laws

Pro tip: Countries like the UK, Malta, and certain U.S. states are more friendly to this business model.

3. Build or License a Trading Platform

Your traders will need a secure, fast platform to place prop bets. You have two options:

Custom software: Fully tailored but expensive

White-label solutions: Faster to launch and often integrated with sportsbooks and APIs

Look for features like:

Real-time performance dashboards

Trade evaluation metrics

Risk controls and limits

PropFirmsTech partners with multiple tech vendors offering white-label platforms for sports prop trading.

4. Create Evaluation Challenges

Before funding traders, test their skills. Create evaluation challenges with rules such as:

Profit targets (e.g., 10% in 30 days)

Drawdown limits (e.g., 5% max daily loss)

Approved leagues and markets

Traders who pass your evaluation get funded accounts—just like in Forex prop firms.

5. Set Risk Management Rules

Prop betting can be volatile. Set clear guidelines:

Daily and weekly loss limits

Maximum stake per bet

Approved prop markets only (e.g., no low-liquidity bets)

Use automation to prevent rule violations and protect your capital.

6. Build a Community of Funded Bettors

The success of your sports prop firm depends on your traders. Market your firm via:

Discord or Telegram groups

YouTube and TikTok content

Sports analytics forums

Offer leaderboards, monthly contests, and incentives to grow loyalty.

7. Track and Scale Your Firm

Use analytics to track:

Trader win/loss ratios

Return on investment (ROI)

Risk-adjusted returns

Reward high performers with larger accounts or better profit splits.

Final Thoughts

Launching a sports prop firm is a bold but exciting opportunity in the growing world of data-driven betting. With the right legal framework, technology, risk controls, and trader acquisition strategy, you can create a scalable, modern prop business.

PropFirmsTech is here to help founders, entrepreneurs, and sports investors bring this vision to life. Whether you need help with tech platforms or evaluation systems, we provide the tools and expertise to support your journey.

[ekremdum-blog]

Mastering Maximum Drawdown: Turning Setbacks into Success

Imagine you’re an entrepreneur who’s just launched a new tech startup. Your business skyrockets—investors clamor for a stake, your product gains traction, and you’re on track to make a name for yourself in the industry. But then, the market shifts. A rival company releases a competing product, your customer base dwindles, and your revenue plummets. You’re left staring at a portfolio that’s lost…

[pivexofficial]

How to Pass the Pivex Trading Challenge: Step-by-Step Guide

If you're ready to turn your trading skills into real profits without risking your own money, then Pivex is the perfect platform to prove yourself. But before you can start earning, you need to pass the Pivex Trading Challenge—a one-step evaluation that tests your consistency, discipline, and risk management. Here's a detailed step-by-step guide to help you succeed.

🔹 Step 1: Understand the Pivex Trading Challenge Rules

Before placing your first trade, make sure you fully understand the challenge requirements. To pass the challenge, you must:

Achieve a 10% profit target

Stay within daily and overall drawdown limits

Follow strict risk management rules

Avoid any prohibited trading behaviors (like holding trades over the weekend or using high-frequency bots, depending on your plan)

Reading and understanding the rules is non-negotiable. Breaking any of them—even with a profitable account—can result in disqualification.

🔹 Step 2: Choose the Right Account Size for Your Style

Pivex offers multiple account sizes, from $5,000 to $200,000 in simulated capital. Choose an account that suits your trading style and psychological comfort zone. Larger accounts have higher payout potential, but also require tighter discipline.

If you're unsure, starting with a moderate size lets you build confidence while staying within manageable risk.

🔹 Step 3: Build or Refine Your Strategy

The challenge isn’t about gambling your way to 10%—it’s about proving that your strategy is reliable under real market conditions. Make sure your trading system includes:

Defined entry and exit rules

A clear risk-reward ratio (e.g., 1:2 or better)

A maximum risk per trade (generally under 1%)

Position sizing that aligns with your account size and drawdown limits

Backtest your strategy or practice in a demo environment before starting the challenge to confirm it’s both effective and rule-compliant.

🔹 Step 4: Trade with Discipline, Not Emotion

The key to passing the Pivex Challenge is not just profit—it’s controlled profit. Many traders fail because they:

Over-leverage

Chase losses

Abandon their strategy under pressure

Trade impulsively instead of patiently

Pivex is designed to reward consistency, so avoid the temptation to go “all in” for quick wins. Stick to your rules, even on losing days.

🔹 Step 5: Use the Analytics Tools to Your Advantage

One of the biggest advantages of trading with Pivex is access to its built-in analytics dashboard. These tools allow you to:

Monitor your profit and drawdown in real-time

Track your consistency score

Identify weak points in your trading

Stay accountable to your performance goals

Review your data daily and adjust your approach if needed. This self-awareness can be the difference between passing and failing the challenge.

🔹 Step 6: Avoid Common Mistakes

Here are a few common pitfalls to avoid:

❌ Trading too large: Over-leveraging is the #1 reason traders violate risk limits. ❌ Ignoring the rules: Even if you’re profitable, breaking a rule will disqualify you. ❌ Not journaling: Keeping track of your trades helps you stay focused and correct mistakes. ❌ Getting greedy near the end: Don’t blow your progress trying to speed up the final 1–2%.

Remember: success is about steady execution, not perfection.

🔹 Step 7: Celebrate the Win and Prepare for the Next Stage

Once you’ve hit your 10% target and followed all the rules, your account will be reviewed. Upon approval, you’ll be promoted to the Pivex Traders Stage, where you can begin earning real payouts up to 90% of your profits—while still trading with virtual funds.

This is where your trading career really begins.

Final Thoughts

Passing the Pivex Trading Challenge is achievable if you treat it like a professional trader. That means having a plan, following it with discipline, and using the platform’s tools to support your performance.

If you're ready to prove your skills, the challenge is waiting. Join Pivex today, and take the first step toward trading for real rewards—risk-free.

[bullishstock]

Maximum Drawdown Your Portfolios Pain Threshold

📢 Maximum Drawdown – Your Portfolio’s Pain Threshold 🔗 Read the full article: https://ift.tt/28udfGw 🏷️ Tags: Investing Tools and Regulations, Risk Management 🗓️ Published: June 02, 2025 at 04:25PM

[49funded]

How to Pass a Prop Firm Challenge: Tips from Funded Traders

If you’re dreaming of becoming a professional trader but don’t have a large account to start with, a funded prop firm like 49 Funded might be your best opportunity. These firms provide traders with access to significant capital once they prove their skills through a challenge. Passing a prop firm challenge isn’t easy—but it’s very achievable with the right mindset and strategy. In this guide, we’ll break down how to pass a prop firm challenge, featuring tips from traders who have already secured a funded account.

Whether you’re just starting or have failed challenges before, this article will give you real, actionable advice to help you succeed with a prop firm with a funded account.

1. Understand the Rules and Stick to Them

Every funded prop firm has a set of trading rules you must follow. These usually include:

Maximum daily drawdown 

Overall drawdown limits 

Minimum trading days 

Profit targets 

Trading during news restrictions

Traders often fail challenges not because of bad strategies but due to rule violations. At 49 Funded, traders are encouraged to fully understand all evaluation metrics before placing a single trade.

Tip from a funded trader: “I printed out the rules and taped them to my wall. It saved me from making emotional decisions.”

2. Treat the Challenge Like a Real Account

One of the most common mistakes traders make is treating the challenge as a video game. It’s not. If you want to get funded, trade like you’re managing real capital from day one.

Keep your risk per trade low (typically 0.5% to 1%). Overleveraging or revenge trading might get you a short-term win, but it won’t help you pass the challenge in the long run.

49 Funded Insight: Many successful traders at 49 Funded say this mindset shift was a turning point. They stopped chasing profits and started managing risk like professionals.

3. Stick to High-Probability Setups Only

You don’t need to take 10 trades a day to hit the profit target. You just need consistent, high-quality setups. Passing a prop firm challenge is about proving consistency, not hitting home runs.

Tip from a funded trader: “I passed my challenge with just 15 trades over 20 days. Each setup met all my criteria.”

Develop a trading plan that includes:

Your ideal trade setups 

Entry and exit rules 

Risk/reward ratios 

How to handle different market conditions 

When you stick to your edge, your results become more predictable and sustainable.

4. Use a Trading Journal

Tracking your trades isn’t optional—it’s essential. A trading journal helps you identify patterns, strengths, and weaknesses.

Record every trade, including:

Why you took the trade 

Entry and exit points 

Risk-to-reward ratio 

Emotional state before and after the trade 

49 Funded Suggestion: Many funded traders with 49 Funded use journaling to improve performance and build emotional discipline.

5. Control Your Emotions

Prop firm challenges are a test of mental endurance as much as they are of trading skill. Emotional discipline separates consistent winners from those who fail repeatedly.

Avoid:

Revenge trading after a loss 

Overtrading when you’re close to the profit target 

FOMO (fear of missing out) during volatile markets 

Tip from a funded trader: “My worst day came when I tried to ‘make back�� losses. I nearly failed. Now I walk away after a loss and reassess.”

Learn to walk away when your emotions are heightened. The best traders know when not to trade.

6. Use the Full Duration

Don’t rush the process. Many prop firms give you 30 days or more to complete the challenge. Use that time wisely.

At 49 Funded, traders often succeed by trading slowly and waiting for only the best setups. Trying to pass in a few days increases your risk of hitting drawdown limits.

Strategy Tip: Spread your trades over multiple days. Trade small. Focus on longevity and consistency.

7. Practice First with a Trial or Demo

Before taking on a real evaluation, practice under similar conditions on a demo account. Simulate the rules of the challenge so you get comfortable with the parameters.

49 Funded offers trial challenges, which many traders use to fine-tune their strategies before committing real money.

8. Know When to Take a Break

If the market is choppy, your edge isn’t showing up, or you’re emotionally drained, the best move may be to do nothing.

Tip from a funded trader: “On bad days, I walk away. No trade is better than a forced trade.”

Give yourself the mental space to reset. Some of your best trading days will come after a well-timed break.

9. Learn from Others Who’ve Been Funded

One of the best ways to pass a challenge is to study those who already have. 49 Funded often shares case studies and interviews with funded traders. Learn from their successes and mistakes.

Common traits of successful funded traders:

Strong risk management 

Patience and discipline 

A well-tested strategy 

Consistent journaling 

These aren’t superpowers—they’re habits you can build.

10. Stay Consistent Post-Challenge

Passing the challenge is just the beginning. To keep your funded account, you need to trade with the same consistency and discipline. 49 Funded supports traders with performance monitoring tools and community coaching to help maintain long-term success.

Final Thoughts: Your Funded Account Awaits

A prop firm with a funded account gives you the capital you need to trade like a professional—without risking your own money. But to get there, you need to pass the challenge. With the right plan, emotional discipline, and a clear understanding of the rules, success is within your reach.

At 49 Funded, we believe in empowering skilled traders to reach their potential. If you’re ready to take the next step and earn a funded account, our structured evaluations and trader support tools are designed to help you win.

Start your journey with a funded prop firm today. Learn more at 49 Funded.

[strategyapex]

Technical Analysis

Hull Moving Average: The Revolutionary Trend Following Indicator

Introduction

The Hull Moving Average (HMA) has revolutionized how traders identify and follow market trends. Developed by Alan Hull to address the lag inherent in traditional moving averages, the HMA provides a uniquely responsive yet smooth representation of price action. This comprehensive guide explores how traders can leverage this powerful indicator for enhanced trading performance.

Who Created the Hull Moving Average?

Alan Hull, an Australian mathematician and trader, developed the Hull Moving Average in 2005. Frustrated with the significant lag in traditional moving averages, Hull applied his mathematical expertise to create an indicator that could maintain smoothness while dramatically reducing delay in trend identification.

What Makes the Hull Moving Average Special?

Core Features:

Minimal lag compared to traditional MAs

Smooth price action representation

Strong trend identification capabilities

Responsive to price changes

Built-in noise reduction

Key Advantages:

Earlier trend identification

Clearer entry and exit signals

Reduced whipsaws

Superior price tracking

Versatile application across markets

Why Use the Hull Moving Average?

Primary Benefits:

Faster Signal Generation

Reduces lag by up to 60%

Earlier trend identification

Quicker response to reversals

Improved Accuracy

Reduces false signals

Smoother price tracking

Better noise filtration

Enhanced Trend Following

Clear trend direction

Strong support/resistance levels

Trend strength indication

Versatility

Multiple timeframe analysis

Various market applications

Combines well with other indicators

Where to Apply the Hull Moving Average?

Market Applications:

Futures Markets

E-mini S&P 500

Crude Oil

Gold Futures

Treasury Futures

Forex Trading

Major currency pairs

Cross rates

Exotic pairs

Stock Trading

Individual stocks

ETFs

Stock indices

When to Use the Hull Moving Average?

Optimal Market Conditions:

Trending Markets

Strong directional moves

Clear price momentum

Extended market cycles

Breakout Scenarios

Pattern completions

Support/resistance breaks

Range expansions

Volatility Transitions

Market regime changes

Volatility breakouts

Trend initiations

How to Trade with the Hull Moving Average

Basic Trading Strategies:

Trend Following Strategy

Long when price crosses above HMA

Short when price crosses below HMA

Use HMA slope for trend strength

Exit on opposite crossover

Support/Resistance Strategy

Use HMA as dynamic support/resistance

Buy bounces off HMA in uptrends

Sell rejections from HMA in downtrends

Tighter stops for counter-trend trades

Multiple HMA Strategy

Combine different period HMAs

Look for crossovers between HMAs

Use divergences between HMAs

Trade strongest signals only

Advanced Applications:

Multiple Timeframe Analysis

Higher timeframe for trend direction

Lower timeframe for entry timing

Middle timeframe for confirmation

Volatility Integration

Adjust periods based on volatility

Use ATR for stop placement

Scale positions with trend strength

Hybrid Systems

Combine with momentum indicators

Use with price patterns

Integrate with volume analysis

Risk Management Essentials

Position Sizing:

Scale with trend strength

Larger in confirmed trends

Smaller in transitions

Stop Loss Placement:

Beyond HMA level

Based on ATR multiple

At key price levels

Common Pitfalls to Avoid

1. Over-Optimization

Problem: Curve fitting periods

Solution: Use standard settings

Prevention: Test across markets

2. False Signals

Problem: Minor crossovers

Solution: Use confirmation filters

Prevention: Wait for clear signals

3. Late Exits

Problem: Giving back profits

Solution: Use trailing stops

Prevention: Honor exit rules

Real-World Performance Metrics

Typical Results:

Win Rate: 45-55% in trending markets

Risk/Reward Ratio: Best at 1:2 or higher

Average Trade Duration: 5-10 days

Maximum Drawdown: 15-20% with proper risk management

Optimizing Hull Moving Average

Parameter Settings:

Standard Period: 20-30

Aggressive: 14-18

Conservative: 35-50

Market-Specific Adjustments:

Fast Markets: Shorter periods

Slow Markets: Longer periods

Volatile Markets: Multiple confirmations

Conclusion

The Hull Moving Average represents a significant advancement in trend-following indicators. Its ability to reduce lag while maintaining smooth price action makes it an invaluable tool for both discretionary and systematic traders. When properly implemented with sound risk management principles, the HMA can provide a significant edge in futures trading.

[concepttrading]

How to Pass a Prop Firm Challenge on Your First Try

Navigating the world of proprietary trading can feel daunting, but passing a prop firm challenge is your gateway to trading success. With the right strategies and mindset, you can transform your skills into a funded trading career, unlocking financial freedom and growth.

In this guide, we’ll unveil essential tips and techniques to help you conquer your first challenge with confidence. From developing a robust trading plan to mastering emotional control, prepare to elevate your trading game and seize the opportunity that awaits.

Understanding Prop Firm Challenges and The Concept Trading

What is a Prop Firm Challenge?

A prop firm challenge tests your trading skills. Proprietary trading firms use it to see if you can trade well under their rules. You trade on a demo or challenge account. They watch your moves against metrics like profit targets and risk limits.

If you pass, you join a funded trader program where you trade real money.

Purpose and Structure

The challenge’s goal is to find traders who handle money smartly. You get a challenge account to trade with. You must hit certain performance requirements in set timeframes. Each firm has a payout structure that usually shares profits once you’re funded.

Benefits for Aspiring Traders

Trying these challenges gives you some cool perks:

Funded trader benefits let you trade big without your own cash.

Financial freedom through trading can happen when you use firm capital.

Trading career growth comes from learning while proving yourself.

The Concept Trading's Challenge Rules and Criteria

Specific Requirements

At The Concept Trading, the challenge comes with clear trading rules that outline exactly what is and isn’t allowed during your evaluation. These rules are especially helpful for those new to the industry, making it one of the more approachable proprietary trading firms for beginners.

One of the most important aspects to monitor is your maximum drawdown—this limit defines the largest loss you can take before failing the evaluation. Staying within this threshold is key to moving forward and ultimately getting funded.

Profit Targets

You have to reach account growth targets in the time given. This proves you can make steady profits.

Drawdown Limits

Daily drawdown limits keep risk low every day. Sticking to them protects your spot in the challenge.

Understanding Challenge Requirements: Profit Targets and Drawdown Limits

You’ll need to plan for two main parts: profit targets and overall drawdown limits.

Profit target means how much profit you must earn during the challenge.

Overall drawdown limits show how much total loss you can have before failing.

Strategies for Meeting Targets

Good trading discipline techniques help here:

Follow your trading plan closely.

Stay calm even when markets jump around.

Doing this raises your chance to pass the prop firm challenge quickly!

Drawdown Management Techniques

Watch daily loss limits well to keep control:

Put stop-loss orders on every trade.

Check open trades often against daily loss caps.

Change position sizes based on market changes.

Trading Restrictions and Timeframes

Know which trading instruments are allowed and when markets open or close.

Permitted Trading Instruments

Each firm lets you trade certain instruments only—stocks, forex pairs, etc.—so check what’s permitted first.

Trading Hours

Market hours restrictions say when trades can happen. Missing this info could cost you penalties!

Leverage Restrictions

Leverage rules matter too! Firms set how much leverage you may use during the challenge. Knowing this helps balance profits with risks.

Getting familiar with prop firm challenges through The Concept Trading helps new traders understand what to expect as they aim for success!

Developing a Robust Trading Plan

A good trading plan helps you pass a prop firm challenge. It shows how you will trade and keeps you on track.

Your plan should list trading strategies for the instruments you choose, like forex or stocks. Use technical analysis tools such as moving averages and RSI to find trends and entry points.

Add rules to limit losses on every trade. This plan stops you from making emotional choices during market swings. Following your strategy all the time can boost your chances in any prop firm challenge.

Defining Your Trading Style

Your trading style decides how you trade each day. Whether you day trade or swing trade, discipline matters most. Stay consistent by sticking to your style, even when emotions get high.

Try techniques like deep breathing or writing in a journal after trades. These help manage stress and keep impulsive decisions away. This mindset can help your results stay steady during the challenge.

Choosing Your Markets

Picking the right markets can help in a forex trading challenge or other markets. Watch out for market hours restrictions some firms have. Trade when markets are open and you can watch closely.

Look at economic indicators like interest rates and job reports. They move prices a lot. Pick liquid markets that don’t jump around too much for easier trading.

Entry and Exit Rules

Clear rules for when to enter and exit trades bring steady profits in prop firm challenges. Set exact criteria, like signals from several technical indicators, before entering a trade.

Decide exit rules based on profit goals or stop-loss points. Use stop-loss to protect your money if the market moves against you fast.

Backtesting and Forward Testing Your Strategy

Test your strategy with past data before using real money. This backtesting shows if it works in different market times. Forward testing means trying it live on simulated accounts with no real risk.

Both tests find what works well and what needs fixing before you trade funded accounts in a prop firm challenge.

Backtesting Platforms and Tools

Platforms like TradingView and MetaTrader make backtesting simple and detailed. They let you try strategies on many instruments and show stats like win rate or drawdown clearly.

Interpreting Backtest Results

Don’t just look at profits in backtests. Check max drawdown too — this shows your biggest loss possible during bad times. Use these facts to tweak your plan, not just rely on past profits that might not happen again.

Forward Testing Methodology

Use demo accounts that copy real prices but risk no money when forward testing. This lets you practice under pressure safely before going live with funded challenges.

Essential Trading Strategy Elements: Entry and Exit Criteria

Good traders mix technical indicators like MACD or Bollinger Bands with price action clues such as support and resistance levels to pick exact spots for entry and exit inside their plans.

Position Sizing for Risk Management

Position sizing means deciding how much money to use per trade compared to your total account size. It helps control risk across all trades so one bad one won’t hurt too much.

Calculating Position Size

Figure out position size by choosing how much loss is okay per trade, usually 1-2% of your total capital. Example:

Position Size = Account Equity × Risk Percentage / Stop-Loss Distance

This way, no single loss will wreck your account balance badly.

Risk Tolerance Assessment

Think about how much loss feels okay for you personally while following the firm’s capital rules. This balance helps keep growth chances without losing too much money fast.

Adjusting Position Size Based on Volatility

Markets move up and down in volatility daily. Make position sizes smaller when volatility spikes happen so risks lower during wild times. Grow size carefully when things calm down more steadily.

Work through these areas well with clear rules plus tested ideas, and you’ll feel ready to handle any prop firm challenge from start to end without much doubt or stress.

Implementing Effective Risk Management Techniques

Risk management matters a lot if you want to pass a prop firm challenge. It keeps your trading capital safe and helps you follow rules like maximum drawdown and daily drawdown limits. A good plan balances risks with possible rewards.

Try these key methods:

Stop-Loss Strategy: Use stop-loss orders to stop big losses early.

Take-Profit Levels: Set points where you take profits before the market turns.

Risk-Reward Ratio: Look for trades where profit is bigger than loss, like 2:1 or more.

Capital Protection: Don’t risk more than about 1% of your total money on one trade.

Drawdown Limits: Stick to the max and daily drawdown rules so you don’t get disqualified.

Using these steps regularly helps control your risk during the challenge.

Stop-Loss and Take-Profit Strategies

Good stop-loss and take-profit plans help control risk and improve how trades end. Here are some ideas:

Trailing Stops: Move stops up as price rises so you keep profits without losing out on gains.

Breakeven Orders: Once a trade makes some profit, move your stop to your entry price to avoid losing money.

Multiple Stop-Loss Levels: Use more than one stop based on support areas or how much price moves.

Clear rules for when to enter and exit trades keep things steady. For example:

Only enter when signals match your plan, like confirming a trend.

Put a stop-loss in right after you enter, based on how much price swings or a set percentage.

Pick take-profit points at key support/resistance or using risk-reward math.

These ways help stop emotional choices when markets move fast in prop firm challenges.

Managing Drawdown and Protecting Your Capital

Drawdowns show if your plan works and test your mindset during a prop firm challenge. Managing them well protects your account from hitting hard limits that can end the game early.

Do these:

Follow overall drawdown limits set by the firm closely; going over ends you no matter what.

Spread trades across different assets or timeframes to lower risk from big moves hitting all trades.

Plan ahead for recovery, like:

Doing this keeps your money safer while you work toward funding goals.

Developing Emotional Control and Trading Discipline

Emotional control is huge for passing any prop firm challenge. Fear of losing or wanting quick gains can mess up your plan and cause errors.

Try these mental tricks:

Practice staying focused on now instead of feelings

Set real goals about wins and losses

Keep a journal about how you feel with each trade

Knowing fear and greed—the two biggest feelings that mess with traders—helps build toughness needed in timed challenges.

Discipline means following your plan no matter what, even if markets swing wildly or past trades lost money. Traders who stick with this get better results over time.

Good risk management plus steady trading improves your chances to pass a prop firm challenge on your first try. These ideas keep your capital safe while building confidence.

Adapting to Trending, Ranging, and Volatile Markets

Passing a prop firm challenge means you gotta adjust your trading style to the market. Markets switch between trending, ranging, and volatile modes all the time. Each type needs a different approach and mindset.

Trending Markets: Prices move in one clear direction. Traders use momentum strategies to catch these moves.

Ranging Markets: Prices jump between support and resistance levels. Range-bound strategies work best here.

Volatile Markets: Prices swing wildly because of stuff like economic data, geopolitical events, or central bank moves. Risk management is key now.

Knowing how economic indicators and geopolitical risks affect markets helps you expect when volatility will spike. A flexible mindset lets you switch gears fast instead of sticking with one method.

Identifying Market Regimes

Figuring out what kind of market you’re in matters when adapting during a prop firm challenge evaluation.

Try these:

Technical Analysis: Look at chart patterns and technical indicators like moving averages or RSI to spot trends or ranges.

Fundamental Analysis: Watch news about the economy, company earnings, or policy changes that move prices.

Market Sentiment Metrics: Check trader feelings using volume or sentiment indexes.

Use trading evaluation metrics to see how you do in different regimes by tracking wins and losses under each condition. This helps you pick smarter trades based on current market mood.

Adjusting Strategies Accordingly

Changing your strategies depending on the market regime helps keep your trading steady in challenges where rules are strict.

Follow this approach:

Check recent price moves using both technical and fundamental info.

Pick tactics: trend-following for trending markets; mean reversion for ranging ones.

Adjust based on past trade results for each market type.

Stick to stop-losses that fit the current volatility level.

This method cuts down emotional decisions and makes you quicker to react — an edge when prop firms watch every move closely.

Utilizing Different Time Frames

Making the most of different time frames improves your trading schedule:

Use daily or weekly charts to find big picture trends.

Use shorter frames (like 15-minute or hourly) to time entries and exits better.

Mixing long-term views with short-term action sharpens timing without pushing you into too many trades — a mistake many make during fast markets.

Utilizing Essential Trading Technology and Tools

Trading tech can boost your accuracy and speed through the prop firm challenge:

Charting software such as TradingView gives real-time charts for spotting setups fast.

Trade monitoring tools keep tabs on open trades and risk limits so you avoid mistakes.

AI-powered analytics crunch tons of data to show likely moves beyond what people can spot.

Automated trading platforms like MetaTrader let you test strategies before going live to see how they perform.

Using these tools means less guesswork and more data-backed trading decisions.

Charting Software and Data Analysis Tools

Knowing how to use charting software plus solid data analysis steps up your decision game:

Use technical indicators like MACD or Bollinger Bands suited for current market types.

See price action clearly with candlestick charts plus volume overlays to catch patterns quick.

Backtest your strategy on past data right inside the platform; this shows if it works before risking money live.

Putting these tools into daily habits during your prop firm challenge builds confidence based on facts — not just gut feelings.

This way of working gets you ready not only in skills but also mentally so you pass a prop firm challenge right away while handling financial market volatility smartly by matching changes linked to economic shifts and geopolitical risks around the world.

Maintaining Consistency and Patience in Trading

Doing well in a prop firm challenge needs solid trading discipline and consistency. You gotta build a daily routine that helps you make steady progress.

A trading journal can be your best friend here. Write down every trade you make—entry points, take-profit targets, and even how you feel. This keeps you honest and shows what works or not.

Consistent trading means you follow your plan even if things get bumpy. Don’t jump into trades on impulse. Use trade monitoring tools to watch the market live and get alerts. When emotions spike, try emotional control techniques like deep breathing or short breaks. Staying calm helps you focus.

Patience matters a lot. Passing a prop firm challenge takes time. Stick to your habits, stay disciplined, and your chances for success grow.

Keep a detailed trading journal

Follow your strategy without flipping out

Use tools to track trades in real time

Practice simple ways to control emotions

Turning Failure into a Learning Opportunity

Everyone hits rough patches during the prop firm challenge. Don’t see losses as total failure. Instead, look at them as chances to learn something new. After each loss, do some losses analysis. Ask what went wrong—bad timing? Poor risk steps? Emotional mistakes?

Keep checking yourself with continuous self-evaluation. Ask questions like: What could I change next time? Did my feelings mess with this trade? Thinking this way turns setbacks into learning opportunities.

Being curious about failure builds strength. That’s a must-have trait for anyone who wants lasting success as a funded trader.

Review each losing trade carefully

Think about what triggered the mistake

Ask yourself honest questions often

Use losses as lessons to improve

Building a Support Network for Accountability

Trading alone can get lonely fast. A trader community or mastermind group can keep you motivated and help you learn from others. These groups share ideas and support each other through the prop firm challenge.

Mentorship in trading is another big help. Experienced traders show you what works and warn about common errors. Having a trading buddy also keeps you on track by sharing goals and progress regularly.

These support systems build good habits and cheer you on when things get tough.

Join a group of fellow traders

Find a mentor with experience

Team up with a trading buddy

Share goals to stay accountable

Planning for Long-Term Success with Funded Trading

Passing your first prop firm challenge is only the start of your trading career growth. You need smart capital allocation to handle risk well while growing your account little by little.

Account scaling is key—you want bigger profits without risking too much at once. Balancing solid money moves with patient growth brings financial stability over time.

Think beyond just passing the challenge now. Planning long-term helps keep your spot in funded programs and build wealth steadily through wise choices.

Manage risk by dividing capital wisely

Grow accounts gradually based on rules

Aim for steady profits over quick wins

Plan for steady financial stability over time

Fast-Tracking Your Funding with The Concept Trading

Passing a prop firm challenge can feel hard. But The Concept Trading makes it easier with its funded trader program. Proprietary trading firms want you to follow strict rules before giving access to funded accounts.

Our funding process helps you pass the prop firm challenge faster. This means you get capital and real market chances sooner.

We focus on clear steps and simple rules. The Concept Trading cuts out the usual obstacles in funded trading programs. That lets you focus on what matters: steady performance and smart risk management.

Overcoming Hesitation and Stress

Trading psychology matters a lot when passing any prop firm challenge. You need emotional control techniques to handle fear and greed. These feelings can mess up your decisions during live trades. Building mental resilience keeps you steady under pressure.

Try these ways to improve psychological resilience:

Do breathing exercises or mindfulness before trading.

Notice when impatience or frustration hits you.

Write down your feelings after trades in a journal.

These help you keep calm when markets get wild.

Building Confidence

Confidence comes from practice and the right mindset. Using trading discipline techniques keeps your approach steady. This stops you from making quick, bad choices.

To build confidence:

Follow your trade plan without changing it on the fly.

Look back at past trades and learn from them.

Slowly increase your position sizes as you feel more sure.

Regular practice makes confident choices easier over time.

Addressing Fear of Failure

Fear of failure can cause emotional decision-making that hurts profits. Managing risk well cuts down this fear by keeping losses small.

Focus on these tips:

Use stop-loss orders based on clear levels, not feelings.

Don’t try to get back losses with revenge trades; stick to your plan.

Accept small losses as part of learning, not as failures.

Controlling emotions linked to risk helps keep you grounded during the challenge.

Setting Realistic Goals

Setting clear profit targets and account growth goals helps reduce pressure during challenges. Unrealistic goals can make you stress and choose poorly.

The Concept Trading: Fast‑Track to Getting Funded

The Concept Trading’s challenge uses simple rules that are fair and easy to understand. It asks for steady profits while keeping drawdowns low. This helps you stay successful after passing the challenge too.

The payout system pays winners quickly—usually within 48 hours—so you don’t wait long for rewards during your funded trader journey.

Program Overview

The program gives traders:

A smooth application and funding process

Fast payouts in two days or less

Clear rules with real targets

Support any time, day or night

This setup lets traders focus without extra hassle or delays.

Eligibility Criteria

To join, traders must:

Open a special challenge account

Follow strict max drawdown limits based on account size

These rules protect both your money and the firm's funds.

Support and Resources

Success needs more than just chances—it needs help too:

We provide:

Mentoring tailored for each trader’s needs

Courses covering tech analysis and risk control

A community where traders share tips and feedback

Mentorship speeds skill growth by offering advice all along the way.

Free Trial Opportunities with The Concept Trading

Trying before committing is key when picking a funded trader program.

Benefits of a Free Trial

A demo challenge copies real-market conditions but uses fake money—letting new traders get used to platform tools and see what challenges come up during evaluations.

How To Get Started

Signing up is fast; register online then get instant access so you can start the trial right away.

Trial Specifics

Simulated accounts act like live risks but remove money danger so users learn at their own speed without worry.

FAQs

How Does the Payout Schedule Work in Funded Trading Programs?

Most proprietary trading firms offer biweekly payouts or profit splits. For instance, Concept Trading is known for its quick profit distributions, often processing payments within 48 hours.

What Role Does Trading Psychology Play in Passing a Prop Firm Challenge?

Trading psychology is crucial for managing emotions such as fear and greed. Techniques that enhance discipline and mental resilience can significantly improve a trader's performance, especially under pressure.

Can Mentorship in Trading Improve Success Chances?

Absolutely. Mentorship provides valuable guidance, constructive feedback, and proven trading strategies. It helps traders avoid common pitfalls and fosters a sense of accountability.

How Do Trading Fatigue and Emotional Decision-Making Affect Traders?

Trading fatigue can diminish focus, leading to suboptimal decision-making. Effectively managing trading schedules and stress levels can help reduce errors and enhance overall consistency.

What Is the Importance of a Trading Business Plan?

A well-structured trading business plan details specific strategies, risk management practices, and clear goals. It helps traders maintain discipline and ensures alignment with the requirements of their challenges.

How Can AI-Powered Analytics Assist Traders?

AI tools can analyze market sentiment, generate trading signals, and identify patterns. These capabilities enable traders to make data-driven adjustments, improving trade execution and outcomes.

Why Is Understanding Simulated Trading Risks Vital Before Live Accounts?

Simulated trading accounts replicate real market conditions without financial risk, allowing traders to test strategies and build confidence before transitioning to funded trading.

Additional Insights for Prop Firm Challenge Success

Trading Accountability: Use trade tracking apps or journals to monitor progress and stay focused on goals.

Trade Monitoring Tools: Employ software to track open trades and alert for risk threshold breaches.

Trading Flexibility: Adapt strategies based on economic events impact, central bank decisions, or geopolitical risk.

Profit Sharing & Scaling Plan Criteria: Understand how profit splits work and follow scaling rules to grow funded accounts.

Tax Planning for Traders: Prepare for tax obligations early by tracking earnings from funded trading activities.

Trading Automation & Algorithmic Trading Assistance: Use automation to reduce manual errors and maintain consistency.

Trading Schedule Optimization: Balance active hours to avoid fatigue while maximizing market opportunities.

Trader Community Support: Join mastermind groups or find a trading buddy for motivation and feedback.

Losses Analysis & Trading Setbacks: Review losses objectively to identify mistakes and refine strategies.

Evaluation Phase & Proving Phase: Stay consistent during these critical stages by following trade management rules.

Market Navigation Using Data-Driven Adjustments: Use AI-powered analytics to adapt quickly to market changes.

Capital Protection & Allocation: Manage position sizes carefully to preserve capital through volatile periods.

Clear Entry and Exit Points with Statistical Edge: Define precise trade triggers supported by backtested results.

Consistent Use of Risk Threshold Alerts: Set alerts for drawdown limits to avoid automatic disqualification.

Trading Fee Investment Awareness: Factor in fees when planning profit targets to ensure net gains.

Live Trading Conditions vs Demo Challenge Awareness: Recognize differences to prepare mentally for funded account challenges.

Trader Onboarding & Account Verification Process Clarity: Complete all steps accurately to avoid delays in funding access.

For more post about prop firm trading tips click here.

[ryanwalterhouse]

Day Trading Mistakes to Avoid

Day trading refers to buying and selling financial instruments, such as currencies, stocks, and commodities, within the same day. Day traders seek to take advantage of short-term market movements. Although short-term price fluctuations offer profitable opportunities, day traders are prone to making a number of common mistakes.

Day traders trade the same markets as swing or position traders, who enter and hold trading positions for days, weeks, or months. What makes day trading mistake-prone is the frequency of trades taken. Day traders often enter many trades on a single day or trading session to take advantage of small price movements. The more trades that are entered, the higher the likelihood of mistakes.

Trading frequently also means higher transaction costs, as brokers charge a fee to open and close a trade. These fees may seem small, but they eat into a trader’s potential profits. Also, since daily movements are not as big as those that play out over weeks or months, a day trader may be tempted to leverage their positions to magnify gains. But this also magnifies any losses.

To avoid overtrading, day traders should set a maximum number of trades they can make on a single day and adhere to it. Placing a limit on the size of every trade is also essential to prevent overleveraging, thus preserving the capital base.

In trading the markets, a trader’s primary goal is risk management. It’s the only way to protect capital. Unfortunately, many traders, due to unrealistic expectations, risk more than they can afford to lose, treating risk management as an afterthought.

To prevent overexposure to risk, traders should determine how much they are comfortable losing in a single trade, as well as a trading session or day. That can be in dollar amount or a percentage of working capital. Setting a stop loss order is one way to ensure the risk limit is not exceeded on individual trades. A stop-loss order instructs the system to exit a trade should the price move against a trader’s position and reach a predetermined price.

It’s hard to tell whether a system is profitable or not without tracking trades. Day traders should review all their trades at the end of every trading session. Trading metrics to track include win rate - the percentage of winning trades versus losing or break-even trades. They should also pay close attention to whether they always followed their trading plan.

Many day traders trade based on gut feelings. Trading without a plan leads to emotional trading.

A robust trading plan captures such things as the trading time frame, risk level per trade, financial instruments to trade, and how long to stay in a trade. It should also outline rules for managing trades. A plan helps reduce impulsive decisions. It also offers a benchmark against which to review trading performance.

Other day trading pitfalls to avoid include trying to pick tops or bottoms. The less risky, potentially profitable approach is to ride market momentum by following a strong trend. Another mistake to avoid is trading the news. News often prevents profitable trades from playing out, especially if the stop-loss order is too close to the entry price.

The key to avoiding many day trading mistakes is to have realistic expectations. That means being content with what the market is offering in a given trading session. Traders should remember that the market is indifferent to their wishes, needs, or goals. By trading within at a comfortable level, a trader trades objectively. They also avoid large drawdowns (losses), meaning they get to trade another day.

[topinformationforyou]

How to Win a 200K Evaluation Every Month: Complete Guide for Traders

Are you a trader looking to secure a $200,000 evaluation and scale your career in prop trading? AtlasFunded offers a golden opportunity with its monthly $200K Evaluation Challenges. But winning one requires more than luck—it takes strategy, discipline, and an edge. In this complete guide, we’ll walk you through exactly how to win a 200K evaluation every month with AtlasFunded.

What Is the $200K Evaluation by AtlasFunded?

AtlasFunded is a proprietary trading firm that funds talented traders with capital to trade the markets. The $200K evaluation is part of their challenge program where traders demonstrate their skills under predefined conditions. Once successful, traders receive a funded account worth $200,000, keeping a significant portion of the profits they generate.

Why the $200K Evaluation Is Worth It

High capital access: Trade with a large balance and maximize your profits.

Profit sharing: Earn up to 90% of the profits.

No personal risk: You trade AtlasFunded’s money, not your own.

Scalability: Prove consistency and gain access to even higher funding.

Step-by-Step Guide to Winning the $200K Evaluation

1. Understand the Evaluation Rules

Before you make a single trade, study the rules carefully. AtlasFunded typically requires:

A profit target (e.g., 10% of account balance)

Daily and maximum drawdown limits (e.g., 5% daily, 10% total)

Consistency in trading behavior

Minimum trading days (e.g., 5–10 days)

Sticking to these rules is crucial. One mistake can disqualify you.

2. Choose a Proven Trading Strategy

The best traders use strategies they've tested and trust. Consider the following:

Price Action: Clean, technical approach based on candlestick patterns and market structure.

Supply & Demand Zones: Identify areas where institutions buy and sell.

News-Based Trading: React to market-moving events with quick, risk-managed trades.

Focus on strategies that allow for tight risk control and reliable entries.

3. Risk Management Is Everything

To win the evaluation, your survival is more important than rapid gains. Follow these risk tips:

Never risk more than 1% per trade.

Avoid overtrading. Stick to 1–3 quality setups per day.

Use stop losses religiously and honor your risk-to-reward ratio.

4. Stay Consistent and Emotionally Stable

Most traders fail evaluations due to emotional decision-making. Stay objective by:

Following a daily trading plan.

Journaling your trades.

Taking regular breaks and avoiding revenge trading.

5. Master Your Trading Psychology

You may have the perfect strategy, but without the right mindset, success is unlikely. Practice:

Patience: Wait for ideal setups.

Discipline: Stick to your rules no matter what.

Confidence: Trust your process, not your emotions.

Tips from Traders Who’ve Won the $200K Evaluation

Here’s what successful AtlasFunded traders say:

“Don’t chase profits. Focus on process.”

“Treat the evaluation like your funded account.”

“Backtest before going live with a strategy.”

“Track your data—it reveals your edge.”

Why AtlasFunded Stands Out

Unlike other prop firms, AtlasFunded offers:

Transparent evaluation conditions.

Instant scaling plans for top performers.

Real-time support and trader community.

Fast payouts with flexible withdrawal terms.

Final Thoughts

Winning a $200K evaluation every month with AtlasFunded is a realistic goal if you approach it with the right mindset, tools, and strategy. Preparation, discipline, and consistency are your greatest allies. By mastering risk, refining your edge, and committing to continuous improvement, you can join the ranks of elite funded traders—and start earning like one.

[fundedgram]

Funded Gram: Best Free Funded Forex Accounts in India, FundedGram

Why Funded Forex Accounts Are Changing the Game in India

For many aspiring Forex traders in India, capital is the biggest hurdle. Without enough funds, even the most skilled traders can’t take advantage of market opportunities. That’s where free funded Forex accounts come into play — and platforms like Funded Gram are making them more accessible than ever.

A funded Forex account gives traders the chance to trade with real money from proprietary trading firms, without risking any of their own capital. Instead of self-funding, traders go through an evaluation phase where they prove their skills. Once they pass, they receive a live trading account with firm-backed capital.

What Makes FundedGram a Top Choice?

FundedGram is one of the leading platforms offering Best free funded Forex accounts in India. It connects traders with reputable proprietary firms that are willing to invest in skilled individuals. Here’s what sets FundedGram apart:

✅ Zero personal investment required

✅ Real-time Forex trading after passing evaluation

✅ Profit sharing with attractive percentages

✅ No risk of personal capital loss

FundedGram’s structure is ideal for disciplined and serious traders who are ready to follow a trading plan and manage risk effectively.

How to Get Started with FundedGram

1. Register on the Platform Visit the FundedGram website and create an account. Browse available funding programs that fit your style — some focus on short-term performance, while others evaluate consistency.

2. Complete the Evaluation Challenge You’ll be required to meet trading benchmarks such as profit targets, maximum drawdown limits, and risk control. This phase tests your ability to trade profitably and responsibly.

3. Get Funded Pass the evaluation, and you’re rewarded with a fully funded live trading account. Now you can trade with real money and start earning.

4. Withdraw Your Profits Traders keep a share of their profits, often up to 80%, depending on the firm. The rest goes to the funding provider, making it a win-win setup.

If you're looking for the best free funded Forex accounts in India, FundedGram offers one of the most reliable and risk-free paths into the world of professional trading. You don’t need to worry about saving a large amount of capital — all you need is discipline, a solid trading strategy, and the motivation to succeed.

Start your trading journey today with FundedGram and get funded to trade the global Forex markets without investing a single rupee of your own.

[jessicaalltick]

Leading the New Era of Trading: The Revolutionary Advantage of Tick-Level Data

In the battlefield of finance, every millisecond of decision delay can lead to a quiet transfer of wealth. While ordinary investors focus on candlestick charts to find trends, top traders have already gained insights into the market's finest pulses through Futures APIs and Stock APIs. This millisecond-level data granularity is the ultimate weapon in modern financial competition.

1. Tick Data: The Atomic-Level Reduction of Market Truth

Traditional minute-level candlesticks are essentially compressed "blurry snapshots," erasing crucial information such as volume distribution and order flow dynamics. In contrast, tick-level data interfaces provide every transaction record (price, volume, timestamp), allowing you to observe the market as if under a microscope:

Capturing Liquidity Black Holes: Identifying hidden traces of large order splits and iceberg orders

Tracking Fund Flows: Analyzing real intentions of major institutions through individual transaction data

Decoding Market Sentiment: Predicting shifts in buying and selling power from changes in quote frequency

Research shows that strategies built on tick data improve the Sharpe ratio by 58% compared to traditional volume-price models, while reducing maximum drawdown by 42%.

2. The Lifeline of High-Frequency Trading: Three Empowering Dimensions of Tick Data

Leap in Strategy Precision

When algorithmic trading needs to predict price fluctuations for the next 15 seconds, minute-level data is like analyzing an F1 racing trajectory in standard definition. The Alltick API offers tick-level data interfaces that support:

Nanosecond-level timestamp synchronization

Depth snapshots of 50 bid/ask levels

Alerts for abnormal volatility

Quantum Leap in Risk Control

In extreme market conditions, tick data serves as a radar to avoid "flash crash traps":

Real-time detection of liquidity drops

Dynamic calculation of instantaneous deviations from VWAP (Volume Weighted Average Price)

Identification of subtle shifts in cross-market arbitrage spreads

Revolution in Backtesting Credibility

Historical backtesting based on tick data can recreate real market frictions:

Precisely calculating slippage

Simulating priority rules of exchange matching engines

3. Alltick API: The Engineered Foundation of the Tick Data Revolution

Accessing tick data is just the starting point; turning it into a trading advantage requires robust data interface infrastructure:

Lightning-Fast Transmission Architecture

27 global edge computing nodes with end-to-end latency < 5 milliseconds

Stream engines processing over 2 million tick events per second

Intelligent Data Services

Machine learning-driven anomaly detection for tick data

Real-time generation of asset correlation heatmaps

Developer Toolkit

Support for multiple access protocols

Multi-language SDKs available

Activate Your Tick Data Privileges Now

The Alltick API is now open for free trial access, allowing you to experience:

Full-range tick-level historical data downloads

Real-time data stream stress testing tools

Exclusive market microstructure analysis reports

In an era where algorithmic trading evolves to microsecond competition, tick data is no longer an "optional accessory" but a vital organ for survival in the market. Choose Alltick's data interfaces to ensure that every strategy is built on the atomic truth of the market—because true trading advantage starts with seeing what others cannot.

[quicktrader]

Understanding Funded Trader Programs

Funded trader programs are gaining popularity in the trading community, offering a unique opportunity for aspiring traders to trade with capital provided by a firm. These programs aim to identify skilled traders and provide them with the resources to trade larger amounts than they might otherwise have access to.

At their core, funded trader programs involve a proprietary trading firm or a trading funding company allowing traders to prove their skills through a series of evaluations. If successful, traders receive capital to trade, keeping a portion of the profits while the firm retains the rest. This creates a symbiotic relationship where both the trader and the firm benefit from successful trades.

Participants typically start by paying a fee to join a simulated trading environment, where they must meet certain profit targets and adhere to risk management rules Take Profit Trader reset promo code. These evaluations can vary in complexity, often designed to assess a trader's ability to manage risk and generate returns under real market conditions.

Once traders pass the evaluation, they're granted access to live accounts with real capital. The firm sets parameters, including maximum drawdown limits and profit targets, ensuring the trader operates within a controlled risk framework. Profit splits can vary, often ranging from 50% to 80% in favor of the trader, depending on the firm's policy.

Funded trader programs are attractive for several reasons. They allow access to substantial capital without risking personal funds, making it possible for skilled traders to scale their operations. Additionally, the support and resources provided by trading firms can enhance a trader’s strategy and discipline.

However, potential entrants should be aware of the challenges. Passing the evaluation often requires consistent performance under strict guidelines, demanding high levels of discipline and strategy. Additionally, while the entry fee can be seen as an investment in one's trading career, it's important to choose reputable firms with transparent terms and a clear track record.

In conclusion, funded trader programs offer a compelling path for traders seeking to leverage their skills without risking personal capital. By understanding the structure, benefits, and challenges, traders can make informed decisions about participating in these programs, potentially leading to successful and rewarding trading careers.

[wealthnote1]

Peer-to-Peer Mentorship Networks within Share Market Trading Courses

In the rapidly evolving world of financial markets, mastering trading requires more than textbooks and recorded lectures. Top Share Market Trading Courses now feature peer-to-peer mentorship networks dynamic learning communities where participants teach, challenge, and support one another. This collaborative structure accelerates skill development, builds discipline, and mirrors the teamwork found on professional trading floors.

Understanding Peer-to-Peer Mentorship

Peer-to-peer mentorship means that every student alternates between the roles of learner and mentor. Early in a course, participants are organized into small cohorts typically six to eight members based on their experience level and trading interests such as equities, derivatives or algorithmic strategies. Within these groups, members present trade ideas, critique chart analyses, and review each other’s risk-management plans. Explaining concepts to peers solidifies one’s own understanding and uncovers knowledge gaps.

Benefits of Peer-to-Peer Networks

Deeper Learning Through Teaching Teaching a concept whether moving-average crossovers or option Greeks forces you to clarify your thinking. When you mentor a peer, you revisit fundamentals and refine your explanations, reinforcing your own mastery.

Diverse Perspectives Cohorts often include participants from finance, engineering, IT, and other backgrounds. An engineer might introduce algorithmic ideas while a finance graduate contributes fundamental analysis. This cross-pollination generates innovative trading strategies that a single instructor might not provide.

Accountability and Discipline Weekly “trade review” sessions require members to share performance metrics such as win rate, average profit/loss, and drawdown. Publicly reporting results creates accountability and discourages emotional, impulsive decisions.

Emotional Support Trading can be stressful. Peers who have endured similar setbacks offer empathy and coping techniques mindfulness exercises, post-trade debriefs, or stress-management tips that help maintain psychological resilience.

Continuous Feedback Loop Instead of waiting for instructor office hours, students receive instant feedback from peers on trade setups and journal entries. This rapid iteration reduces repeated mistakes and accelerates improvement.

Implementation in Wealth Note’s Courses

At Wealth Note, peer-to-peer mentorship is built into every Share Market Trading Course. After core modules on technical and fundamental analysis, students join “Trading Circles” led by senior alumni. These circles meet twice weekly via video call and use shared dashboards displaying live trades and performance analytics. Periodic hackathons challenge cohorts to design and back-test new strategies under time constraints.

Technology Enablers

Wealth Note’s platform offers collaborative charting tools, group chat channels, and automated matching that pairs mentors and mentees based on style and goals. Performance dashboards track key metrics Sharpe ratio, maximum drawdown, and trade expectancy so cohorts can measure progress quantitatively.

Best Practices for Participants

• Define Clear Goals: Share specific objectives such as improving entry timing or mastering option spreads with your cohort.

• Maintain a Detailed Trade Journal: Record rationale, emotion, outcome, and lessons for every trade. Review entries together.

• Engage Actively: Volunteer to present case studies, offer constructive feedback, and ask probing questions.

• Respect Group Norms: Arrive prepared, honor time limits, and maintain confidentiality of shared strategies.

Measuring Success

Programs with peer networks show significantly higher completion rates and post-course performance. Wealth Note tracks alumni returns and finds mentored students achieve 20–30% better risk-adjusted returns than solo learners. Course completion climbs above 90% when strong P2P support is in place.

Conclusion

Peer-to-peer mentorship transforms Share Market Trading Courses from static lessons into vibrant, interactive ecosystems. By teaching others, you deepen your expertise. By receiving feedback, you refine your strategies. By supporting peers, you build the resilience needed for market success. When choosing a trading course, prioritize one like Wealth Note that embeds peer networks at its core. Collaborative learning is not just an add-on; it is the engine that drives lasting trading proficiency.