Multi-asset prop firm for disciplined traders. Clear rules. Fast payouts. No hidden traps. Start your challenge ↓
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Joined April 2016
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A strong entry means very little without a disciplined exit.
Our CEO explains why unrealistic profit targets can turn excellent trades into losses, and why every trader should define the risk, reward and exit process before entering a position.
The goal is not to capture every tick. It is to build a process that can be repeated.
#proptrading #tradingpsychology #riskmanagement
📉 You were up ten times your risk ‼️ You took nothing off the table 😑. The market reversed, and you closed at a loss 🤬
That is how you go from zero to hero and back.
Setting an extreme target does not automatically make you richer. It can turn a very good trade into frustration, regret and a realised loss.
A strong entry is only half of the job. Before entering, define how much you are prepared to lose, what return you are targeting, and exactly how you will exit when the market gets there.
You do not need the exact bottom and the exact top. The bulk of the move is enough.
What is your usual risk to reward ratio? One to one? One to two? One to three? One to five? One to what? 👇
#proptrading #tradingpsychology #riskmanagement
Sunday checklist before the week:
1. Key levels marked
2. News calendar checked
3. Max daily loss written down
4. Last week's journal reviewed
What's on yours? 👇
Scariest thing in trading? 🎃
29%A margin call
29%Revenge trading
29%A gap at the open
14%Overtrading
7 votes • Final results
Here's a limited discount code for 20% off 👇
"TREAT20"
velotrade.com/challenges
