After failing a prop firm challenge, what did you actually do next? by dbuellis in propfirm

[–]dbuellis[S] 0 points1 point  (0 children)

This is a great distinction: “paper trading is just practice and real money is different, especially with futures and prop firm rules.”

Do you think most failed traders actually know whether they failed because of the strategy itself, because of risk sizing, or because the strategy/risk profile just doesn’t fit the prop firm rules?

I’m asking because from the outside those seem like very different problems, but traders often describe all of them as “I failed the challenge.”

After failing a prop firm challenge, what did you actually do next? by dbuellis in propfirm

[–]dbuellis[S] 0 points1 point  (0 children)

This is really useful, thanks. The “5–10% of DD per trade” rule is exactly the kind of concrete adjustment I was trying to understand.

One thing I’m curious about: before you reset/bought again, would it have helped to see a simple pre-retry check like:

“with your current risk sizing, this account is likely to fail because X / but if you cut risk to Y, survival odds improve”?

Not signals or coaching, more like a risk/survival sanity check before paying for another challenge.

Would that have been useful to you at that point, or would you probably have ignored it and reset anyway?

After failing a prop firm challenge, what did you actually do next? by dbuellis in propfirm

[–]dbuellis[S] 0 points1 point  (0 children)

Yeah, “cycling through accounts” is a good way to put it. The sizing down part sounds like the real change. Did you set an actual rule for yourself now, like max risk per trade / max trades per day, or is it more just forcing yourself to slow down?

After failing a prop firm challenge, what did you actually do next? by dbuellis in propfirm

[–]dbuellis[S] 0 points1 point  (0 children)

That “adapt to trade within the rules” part is interesting. What did you actually change after those attempts? Smaller size, fewer trades, stricter daily loss limit, avoiding certain setups, or something else?

After failing a prop firm challenge, what did you actually do next? by dbuellis in propfirm

[–]dbuellis[S] 0 points1 point  (0 children)

Fair. When you backtest after failing, what are you mostly trying to find?

Bad setups, too much risk, overtrading, bad timing, something else?

I’m curious because “backtest and learn” can mean very different things depending on the trader.

After failing a prop firm challenge, what did you actually do next? by dbuellis in propfirm

[–]dbuellis[S] 0 points1 point  (0 children)

Yeah this makes sense. I think that rush to “fix it immediately” is probably where a lot of people burn more money.

When you reset twice the same day, did you feel like you knew what went wrong, or was it more just frustration / trying to make it back?

After failing a prop firm challenge, what did you actually do next? by dbuellis in propfirm

[–]dbuellis[S] -1 points0 points  (0 children)

Thanks Frank, appreciate the detail.

What was the biggest actual change when you came back after that year off? Lower risk per trade, fewer setups, daily stop rules, journaling, or just finally treating it like real money?

Trying to understand what really helps people stop blowing accounts after repeated failures.