First Challenge
For traders who have taken multiple prop-firm challenges, what was the biggest lesson you learned from your first one? Would you do anything differently now?
For traders who have taken multiple prop-firm challenges, what was the biggest lesson you learned from your first one? Would you do anything differently now?
Best answer, chosen by CHIBUIKE ONUH
Prageeth Dilshan · 1h ago
The biggest lesson from my first challenge was that risk management is everything. I tried to rush and pass it in a few days using oversized lots, which led to unnecessary drawdown. Now, I stick strictly to 0.25%–0.5% risk per trade, focus on HTF liquidity setups, and treat a challenge account exactly like a live funded account from day one.