Prop Firm Rules Mode

Settings and habits that respect daily loss limits and maximum drawdown rules.

When to use it#

• You're trading a funded or evaluation account with strict loss limits.

Settings#

Anything not listed stays on its default. See the Full Settings Reference for every option.

Step by step#

1. 1
   Write down the firm's rules

   Daily loss limit, maximum drawdown, news rules, and any minimum trading days.
2. 2
   Set risk small enough to survive a losing streak

   At 0.5% risk, ten losses in a row cost about 5%. Check that fits inside your limits.
3. 3
   Only take your best setups

   A strict Minimum stars filter means fewer, cleaner trades.
4. 4
   Stop for the day after two losses

   A simple rule that protects the daily limit.

Managing the trade#

• Taking part at TP1 and moving the stop to entry reduces open risk quickly.
• Don't hold trades through news if the firm restricts it.

When to skip it#

• You're close to the daily loss limit.
• News restrictions apply.

Common mistakes#

• Raising risk near the end of an evaluation to hit the target.
• Forgetting that open trades count toward drawdown on many firms.

Related playbooks#