Took some Traders out to dinner tonight. Big question on everyone’s mind was, how to pass a evaluation in the timeframe?
My advice:
1: Pick or Develop a day trading strategy, that will give you a few opportunities a week.
2: Backtest it 200times to build the confidence in it
3: Forward test it for 2weeks with only 1/2% risk. ( you’ll be easily able to scale it up to pass the challenge and back down once you pass )
4: Once you pass take 10% of your profits and put it up to build a EA & take more challenges.
My advice:
1: Pick or Develop a day trading strategy, that will give you a few opportunities a week.
2: Backtest it 200times to build the confidence in it
3: Forward test it for 2weeks with only 1/2% risk. ( you’ll be easily able to scale it up to pass the challenge and back down once you pass )
4: Once you pass take 10% of your profits and put it up to build a EA & take more challenges.