How to Pass a Prop Firm Challenge

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#492: How to Pass a Prop Firm Challenge

In this video:
00:30 – Everyone wants to trade through a prop firm 
01:15 – They don’t just hand out money
02:31 – You must preserve capital
03:50 – Don’t use a prop firm who insists on a time limit
04:58 – Trade a variety of markets and time frame charts
05:38 – Do not rush your trading
06:04 – Use a strategy with high reward:risk trades
07:02 – Use Blueberry Markets if you want a good broker
07:39 – Like & Subscribe and leave a comment
08:16 – Ensure you are profitable first before opening a prop firm account

In this week’s video and podcast, I’m going to give you some important tips of how you can pass a firm challenge and therefore make substantial gains for yourself from the Forex market. Let’s talk about that and more right now.

Hey, traders, Andrew Mitchem here, the owner of the Forex Trading Coach with video and podcast number 492.

Everyone wants to trade through a prop firm 

So everybody’s talking prop firms right now, aren’t they? You know, it’s the big thing. It’s a way that you as a trader do not need to put large amounts of cash or capital into your own trading accounts, whether you’ve got lots of money or whether you got no money. It does not matter these days because prop firms are there to help us to gain really good incomes through trading the markets, the forex market and other markets.

So what is a prop firm if you’ve not hear