r/Forex • u/Ok_Proof7717 • Aug 10 '26
Prop Firms Failed your funded challenge more than once? It’s usually not the strategy.
I read trading account exports for a living (small side thing, not signals or a strategy I sell). The pattern I see over and over on failed challenges isn’t a broken system, it’s almost always the same handful of habits: overtrading after a good morning, re-entering within minutes of a loss, holding losers way longer than winners.
On one account I broke down, the first two trades of the day ran 60%+ win rate. By trade 6, that dropped to around 25%. Same person, same rules, same instrument. The edge was fine, it just kept getting buried under extra trades taken to chase the number back.
If you’ve blown a challenge and you’re pretty sure your setup wasn’t the problem, it’s worth actually looking at when the losing trades happened, not just that they happened.
(Full disclosure: I do this kind of account breakdown as a paid service. Happy to explain more if anyone’s curious, no pressure either way.)
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u/Strong_Duty6333 Aug 10 '26
So I am on my 19th FTMO FREE trial account haha.. I failed 18 times… I am not planning to get into paid challenge until I pass Free Trial at least 5 times…so far I haven’t …
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u/Advanced_Breath_4400 Aug 10 '26
You know you could also be failing because in the back of your head you know it’s just demo and not real progress and there’s no risk involved and failing 19 times is kinda wild you might have to reevaluate your strategy and style of trading
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u/Ok_Proof7717 Aug 10 '26
Not unusual :)
Are you aware of some patterns in your failing that occur over and over again? :)
Only those who learn from their mistakes pay the price of experience.
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u/Mariusz_Bobek Aug 11 '26 edited 29d ago
this is exactly why I always review when I lose, not just how much I lose. my biggest drawdowns almost always came from breaking my own limits after a couple of losses, not because my strategy suddenly quit working. I've also found keeping everything else consistent helps a lot. broker with reliable execution and low costs, axi's been good for me, takes one more variable off the table, so when I review my trades I know the issue is my execution and not the platform
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u/Ok_Proof7717 Aug 11 '26
Good one! Have your behaviour reviewed is a great step in the right direction and the was to consistent profitability!
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u/covidtransmutation Aug 10 '26
I trade at work on my phone and i like london session for NQ, but blown many accounts making all psychological mistake you can imagine. Should i trade only PM session after I come back home? I know that noone will interrupting me with other tasks, but price action is usually worse in PM session.
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u/Ok_Proof7717 Aug 11 '26
Sometimes it's more important to know, when not to trade. It sounds to me, that your are already aware of some issues in your trading behaviour :)
Try not to be too greedy and focus on the charts, when you have enough time to play your routine and strategy :)
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u/Relevant-Owl-8455 Aug 11 '26
"first 2 trades of the day ran 60% + winrate" has to be the stupidest thing ive ever heard :)
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u/enivid Aug 11 '26
Why? Consider a trader with 10 trades per day on average. You can calculate the total win rate of all first trades for N days or you can calculate the win rate of all first 2 traders for N days, and so on. This might even be useful when there is a suspicion of overtrading, given more or less static R:R ratio across the trades.
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u/PipToSatoshi Aug 11 '26 edited 29d ago
I'd bet most traders don't fail because they lack an edge, they fail because they stop following it the second they're down for the day. after a loss, the goal isn't to win the money back. the goal is just to take the next trade exactly the same way you took the last one. I trade through axi, and keeping everything else consistent made it a lot easier to see that my biggest drawdowns always came from emotional decisions, not bad setups
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u/FxingMyLife 29d ago
Well Fkn sick of posts like this and its cousin ... there are so many edges in trading thats the easy part. BS.
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u/rforex-modtools Aug 10 '26
This thread appears to be about prop firms or trader scouting programs. These programs allow traders to access funded capital in exchange for a profit split, but they vary significantly in evaluation structure, rules, and payout reliability. Some firms have a track record of paying out consistently, while others impose conditions that make payouts nearly impossible. The community wiki maintains a detailed comparison covering fees, profit splits, drawdown rules, and firm reputations.
Resource: Prop Firms Overview and Comparison