First Month Prop Firm Lessons
I didn’t know anything about prop firms until I found InvestCEO a couple months ago and started going through the classroom content at night. Just this past month, I bought a few trial accounts with the APEX sale to put the classroom content to a live test. Here’s a few things I learned:
1. Consistency is Non-Negotiable: Even when the rules don’t enforce it, trading a plan consistently and not trying to take max profit/loss limits in a single trade will build the habits you’ll actually need once funded. Treat every eval like a real account.
2. Skip Multi-Account Trading (For Now): Taking the same trades across several evals simultaneously could be a trap until you’ve proven consistency. It amplifies mistakes just as much as success. Master one account at a time or rotate every other day between a few accounts and scale up from there.
3. Place the Trade & Walk Away: At the times when I would watch the trade or see it get close to entries / stops, I would make adjustments to try to force the trade. Most of the time, if I would have not been watching and just let the planned trade occur, it would have turned out better.
Prop trading is as much about process and psychology as it is about picking entries. Slow down, follow your rules, and let consistency do the heavy lifting. I'm sure all of these points were in the lessons, but experiencing it firsthand is sometimes the best way to learn. At the end of this first month, I did blow a few accounts learning these lessons, but I also have two PAs that are 1 or 2 positive trade days away from being eligible for a payout.
All in all, I think jumping into this trial by fire has been worth it and could potentially be profitable by the end of next week. I really appreciate finding this community!
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Don Rivera
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First Month Prop Firm Lessons
InvestCEO with Kyle Henris
skool.com/investceo
Day Trading helped me create my dream lifestyle. This group is dedicated to help you do the same by giving you the roadmap that helped get me here.
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