New learner here, trying to move from random YouTube advice to something consistent. Most confusion comes from risk and rules. How many trades per day make sense when starting? What do you do on losing days to stop the spiral? And are prop accounts actually worth it after fees and rule constraints? I’m okay to practice hard if there’s a clear plan, but want to avoid the usual traps before paying for anything.
Quick thought: fairness shows up in the details. Before picking any prop, check whether the drawdown is fixed or trailing, if news trading is allowed, and how payouts work. You also want clear education materials and honest fee disclosure. Midway through helping a friend set up, we landed on this as a benchmark of what to look for https://gerchikfx.com/prop/en/?utm_source=28&utm_medium=211&utm_campaign=148 then built a routine: one market, one entry model, tight risk (0.3% per trade), and a hard daily stop (-1%). Keep a journal screenshotting entry, stop, target, and the reason you took it. After 40–60 demo trades, calculate expectancy; only then consider an evaluation. Process first, capital second.
Too many offers make big promises but hide the parts that matter, like trailing drawdowns or weird rules during news. A simple framework of one setup, hard daily stop, and a clean payout policy gives something you can actually follow. Curious how people handle psychology on red days — timers, walkaways, or automatic platform locks? The discipline piece seems as important as strategy.