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My Plan To Pass A $50K Challenge As A Gold & BTC Trader From Nigeria

Mujitaba Aliyu

Hi everyone, I am Mujitaba Aliyu from Nigeria. I trade Gold and BTC on MT5.

My goal is to pass my first $50K challenge and I want to do it the right way with good risk management.

My plan is simple:

1. Risk only 0.5% - 1% per trade

2. Trade only 1-2 clean setups per day, no overtrading

3. Never trade during high-impact news

4. Always use Stop Loss

For BTCUSD, I am currently watching the 65,100 supply zone for a possible SELL, and 62,450 demand zone for a possible BUY.

Question for funded traders here: What is the ONE mistake that made you fail your first challenge? I want to learn from you before I start.

Thank you.

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  • Moaz Omm

    هو المخاكره العاليه

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  • Prop Firm Bridge

    Welcome Mujitaba! The biggest mistake traders make on their first challenge is revenge trading after a minor loss, which quickly breaches the daily drawdown limit. Sticking to your rule of 0.5% to 1% risk per trade and limiting yourself to 1-2 setups daily is the best way to protect your account.

    When trading crypto and gold on prop firms, always verify the specific news and holding rules of the provider you choose, as policies vary widely. If you decide to compare options, you can check our reviews like the Breakout Prop Review or find savings using the Breakout Prop Coupon Code.

    What do other funded traders here consider their toughest lesson when starting out? Feel free to share your thoughts below!

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