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- VTF: 🚀Pass Your Evals and Get Funded🧠
VTF: 🚀Pass Your Evals and Get Funded🧠
👀 3 Rules to 10x Your Chances of Getting Funded And Payouts
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Take-Profit Trader: Funding Discount
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I will go further into rule 1 becuase its the most importnant
If you are not familiar with or follow these rules, do not worry, I did not either at one point. After countless failures, I finally learned my lesson the hard way. Do not forget to watch the video that goes along with this article! Watch me bend these rules and ace an evaluation.
3 Key Risk Management Rules to Nail Funding, Pass Evals, and Bag Payouts
Rule 1: Scale Out to Stay Safe
Here's How It Plays Out:
Jump In Short: You're in with 2 contracts, $80 on the line.
First Score: Pull $40 from one contract at 1R. You're half out, half in.
Risk Check: With one contract left and a $40 potential loss, your earlier win keeps you at a cool $0 risk. Balanced books.
Going Big with 2R:
Up the Ante: Aim for 2R, and say you score an $80 win on one contract. Now you've turned the tables with an overall $40 gain, even if the market turns sour on your remaining contract.
NASDAQ's This market's your best bud for 1R hits. Enter smart, and you're pretty much guaranteed to scale out at 1R, keeping those losses small and rare.
Rule 2: Bail Early on Sinking Trades
Quick Strategy: See a trade going south? Time to bail. It’s like avoiding a head-on collision—better safe than sorry.
Mental Game: Staying in a losing trade messes with your head. It’s not just about the money; it’s about avoiding TILT. It doesn’t hit the same when you take yourself out of the market. I don’t play the hope game or the mental trap of hoping against the odds.
Execution Plan: Put an emergency stop above that is farther than your actual exit point and get used to pulling the trigger. Remember you can always get right back in, exit manually.
This not only saves you money by cutting losses early but also helps dodge the mental blow of a forced stop loss.
Takeaway: Exiting bad trades early isn’t just smart money management—it’s crucial for your trading psyche. It keeps you in control and ready for the next opportunity.
Simplifying One-Time Framing in Trading
The Scenario: You're eyeing the NQ (Nasdaq futures), and it hits your chosen zone perfectly. The price is dropping, but you're not exiting yet. Why? Because of one-time framing — the price is still moving in your favor without breaking the previous candle's high. It's all about riding the wave until there's a clear signal it's over.
The Strategy:
Hold Tight: Even as the NQ crashes to your marked zone, you hold. The key? Previous candle highs are untouched, suggesting the downtrend might continue.
Add On: Seeing the price hasn't broken the pattern, you decide to double down, anticipating further decline towards another predefined zone.
Stay the Course: The rule is clear — stay in as long as the downtrend remains unbroken by a previous candle's high.
Watch the upcoming video tommorow to catch the other 2 rules!
On this channel https://www.youtube.com/@JeredKing
What I've learned this week in my trading
These last 2 days, the Nasdaq whooped my ass, not gonna lie.
With a combined win rate from each day this week of 62% but a mismal risk-to-risk ratio of 0.82, its no wonder I took -$1080 for the week.
So I definitely learned that even though I'm trading with a good win rate, I still have to be focused on. My risk in reward is just as much, if not more; it is the most control we have at any point after we put on a trade.
I have been making bank in crypto lately! Check out these newsletters that cover crypto news and markets.
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