For Traders - How To Pass A Trading Challenge in 2024

How to Pass
a Trading
Challenge
in 2024
Everything you need to know about proprietary
trading challenges, how to pass them and get funded.
Contents 5
1—Contents
Understanding Proprietary Trading Firms 7
Our Firm’s Operations 9
Unlocking Your Trading Potential with For Traders 11
Mastering Our Challenge: Understanding the Rules 13
Key Ingredients to Conquer the Challenge 15
Why Do Many Traders Stumble? 19
The Anatomy of Grave Mistakes During a Challenge 23
Mastering the Art of Trading Journaling 27
Streamlining Your Trading Journal 35
Crafting Your Trading Plan 41
Formulating Your Trading Strategy 45
Swing or Intraday 47
Which Symbol to Trade 49
Backtesting 51
Risk Management and Essential Guidelines 53
Psychology 55
Five Pillars of Triumphing in the Funding Challenge 63
Closing Remarks 65
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1—Understanding
Proprietary Trading
Firms
Welcome to an exciting exploration of proprietary trading and
the many opportunities it offers. In this chapter, we will guide
you through the details of proprietary trading firms, explaining
their operations and highlighting the benefits our firm provides
for traders like yourself. Get ready to discover the untapped
potential of proprietary trading and how our firm can support
your trading journey.
Proprietary trading firms are unique entities that provide

capital to skilled traders who can consistently make profits
in the financial markets. Once you demonstrate your trading
abilities through our funding challenge, we will give you the
capital amount you chose and paid for. The fee you paid will be
refunded along with your first payout.
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If you succeed in the challenge, we will make it easy for you to

start earning real money with your funded account.
As a member of the Trading for For Traders, you will keep up

to 90% of the profits you make during your live trading period.
Among the top 10 proprietary firms, only one other estab-
lishment of fers such an attractive 90% profit split right from
the beginning.
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2—Our Firm’s
Operations
Successful proprietary firms excel in risk management and
effective capital allocation. Our firm prioritizes strict risk con
trols and employs advanced risk evaluation techniques. This
strategy not only protects the capital but also enables traders
to explore new opportunities and improve their returns. We
provide a secure and stable environment that allows traders to
focus on their trading goals.
Joining our proprietary firm comes with a range of benefits

that complement your trading journey. You will have access to
significant capital resources, advanced trading platforms, and
robust support systems designed to facilitate your success.
Our experienced team provides mentorship and guidance,
assisting you in honing your skills and achieving your trading
goals. We foster a collabora-
tive and inclusive environment
that considers your success
as a collective triumph.
Our firm places a strong

emphasis on mastering risk
management and effective
capital allocation. We adhere
to strict risk controls and uti
lize advanced risk evaluation
techniques. This approach
ensures the preservation of
capital while allowing traders
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to explore new opportunities and maximize returns. We provide

a secure and stable environment that enables traders to focus
on their trading goals.
We take pride in our high-quality education and the exceptional

value offered in our trading programs. When you purchase a
funding challenge, you will also gain access to our educational
section, which includes exclusive and confidential learning
resources. Additionally, you will have the opportunity to use
our automated journal, which diligently records all trades you
execute during the funding challenge or while actively trading
your funded account.
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3—Unlocking Your
Trading Potential with
For Traders
Undoubtedly, we all embark on our trading journeys fueled by
similar dreams and ambitions. The enticing promise of autono
my, wealth, luxurious vacations, and the possibility of earning
millions from a sunny beach. This vision serves as a powerful
motivation as we take our first steps, but the reality of trading
is often more complex.
While trading can eventually deliver the desired lifestyle, it

requires a significant investment of time, effort, finances, and
sometimes even social interactions until consistent profitability
is achieved. Yet, once profitability is within our reach, the re
wards are profoundly gratifying.
Trading stands out as one of the most lucrative endeavors for

several reasons. Firstly, it offers unparalleled independence.
Your outcomes are directly tied
to your actions, leaving no room
for external blame or credit.
You can execute trades from
anywhere in the world, and hy-
pothetically, if Mars had Wi-Fi,
you could even analyze charts
from there. Another perk is the
absence of a superior regulating
your every move. But there’s
an even greater advantage. In
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trading, once you achieve profitability, you can swiftly and

effortlessly amplify your capital.
Remember, with our guidance, a capital of $100,000 is just

$450 away. It is truly achievable. And at the For Traders, we
have made this goal even more accessible. We have created an
academy specifically tailored for you, providing complimentary
pre-market analysis every Sunday and responding to all your
inquiries promptly.
Which other proprietary trading firm caters to your needs even

during weekends? Which other firm has staff members who
are so committed that they spend nights in the office to ensure
your questions are promptly addressed?
The doors of the For Traders are always open, inviting you to
step in at any moment. But before you take the leap, immerse
yourself in this e-book, where we will provide you with the
precise blueprint to triumph over our challenge. Is there any
other proprietary trading firm that offers the same? You tell us.
Enjoy the reading journey;
4.3%
these pages condense
years of expertise into just
75 concise pages. Read
through to the end, and you
will undoubtedly navigate
your upcoming challenge Based on our data, an average full-time trader has a
with ease. monthly profit rate of 4.3%. With our 90% profit split,
that means taking home at least $2,150. And with our
Scaling Plan, the sky is the only limit.
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4—Mastering
Our Challenge:
Understanding the
Rules
In this chapter, our goal is to outline the regulations we have
established for our trading challenge and explain their under
lying objectives. You may be curious about the feasibility of
successfully completing the challenge, and we firmly believe
that the 710% profit target is attainable.
Let’s imagine a situation where you risk 0.5% of your capital

on each trade. With such a risk parameter, you would need to
achieve a 120 risk-reward ratio (RRR with no time limit to fulfill
the challenge with a 10% profit target. Essentially, this means
achieving 20 RRR in any time you want. Therefore, we genuine-
ly believe in the attainability of our challenge.
In fact, we believe that navigat-

ing trading challenges has never
been easier. There’s no time con-
straint, and you have the option
to purchase additional, simpler
rules for the challenge through
For Trader, offering you the best
education available.
You can acquire a challenge and

persist with it for several months
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without forfeiting your fee, while only risking a minimal portion

of your account, such as 0.3%. The choice is yours, but with
these options, passing trading challenges has never been
more straightforward.
The most significant benefit of our challenges is the simplicity

of the rules. There are no restrictions on news trading, no con-
sistency requirements, and no drawdown based on balance.
We have made a concerted effort to maintain a trading envi-
ronment that is as friendly to traders as possible.
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5—Key Ingredients
to Conquer the
Challenge
What elements are crucial for succeeding in the challenge? The
critical, most important factor is definitely discipline. Without
discipline, even experienced traders would struggle in the
challenge. You need to have discipline right from the start,
from the moment you make your first trade.
Another important factor is patience. When you start rushing

during the challenge, you put your account at risk.
Surprisingly, having a slightly detached

approach can help you see the market more
objectively. It’s highly advantageous to only
risk the challenge fee, an amount that you
can afford without causing any major dis-
ruptions in your life. This change in mindset
allows you to view the markets from a fresh
perspective and make more rational deci-
sions.
Your emotional state before starting the challenge is very

important. It is necessary for you to feel balanced and content
in your personal life in order to succeed in overcoming the
challenge. Otherwise, if you are not in a good emotional state,
difficult trading days may make your emotions worse, making
the challenge almost impossible to overcome.
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It’s important to recognize that trading shouldn’t be your

primary occupation or primary source of income. Instead, it
should serve as an additional endeavor. This means having
a safety net in place that covers your living expenses when
trading may not be generating income. This situation is plau-
sible because everyone makes mistakes, and there will likely
be weeks, perhaps even months, when trading doesn’t yield
profits. Therefore, it’s crucial to have an alternative source of
income that ensures your day-to-day needs are met.
The same principle applies to taking on a trading challenge.

Achieving the clear and indifferent mindset required to suc-
cessfully navigate the challenge is nearly impossible without
the support of another income stream. The pressure during
trading can lead to unnecessary psychological errors, poten-
tially resulting in burning through challenges.
Before you begin the challenge, there are certain things that
are necessary. These include having trading experience and
specific elements such as:
• Having a clear trading plan
• Having a defined trading strategy
• Having a comprehensive approach to managing risks
The good news is that this ebook will help you develop all
these important aspects of your trading performance. So, let’s
get started!
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Keep in mind
“The moment you

begin to rush during the
challenge, your account
stands at risk.”
6—Why Do Many
Traders Stumble?
Lack of Preparedness
The main reason, and the most important one, is a lack of pre-
paredness. Many traders jump into a challenge without proper
preparation. They don’t have the necessary mental, technical,
and financial readiness.
If they struggle with self-control in their personal lives, how

can they expect to exercise restraint while taking on a funding
challenge? If they fail to generate profits during backtest-
ing, what makes them believe they will be successful in
the challenge?
If they are dealing with financial difficulties and struggling to

meet their basic needs, attempting a 100k challenge solely
based on hope shows a lack of maturity. This clearly indicates
that they are unlikely to overcome the challenge.
Nervousness
Another important factor that affects traders during a chal-
lenge is nervousness. There is no magical solution to staying
calm while trading because it is inherently a stressful environ-
ment. The only way to combat nervousness is through your
trading experience, nothing more.
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Having a well-defined and thoroughly tested trading plan also

helps address this issue. Knowing that you have a trading plan
that has proven successful during backtesting or demo trading
brings a sense of calm to the challenge.
It is crucial to recognize that the fear of losses in trading is

similar to the fear of death. Both are inevitable, and fearing
something that is inevitable is pointless. Just as death cannot
be avoided, losses in trading are also unavoidable. Therefore,
embracing losses as an integral part of the trading process is
crucial and prevents fear from dictating your decisions.
Excessive Risk Exposure

Your level of risk exposure has a significant impact on your
trading. If you take on excessive risk, it can deter you from pur-
suing high-quality trades due to fear. On the other hand, if your
risk exposure is too minimal, such as 0.1%, even exceptional
performance may not be enough to successfully complete
the challenge.
The key is to identify the optimal level of risk exposure that

allows for stress-free entry into all quality trades while also
helping you reach your profit target.
Negative Emotions
This aspect is extremely important and deserves your atten-
tion. Emotions and psychology play a significant role, account-
ing for 90% of your trading performance. Greed, fear, and
impatience have the power to undermine your challenge in a
matter of minutes.
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Hasty Approach
This is a common issue. Many trad-
ers enter the challenge with the
mindset of wanting to conquer it as
quickly as possible, ideally within
5 days, so they don’t stress them-
selves in the following weeks.
However, this line of thinking leads

to one thing: haste. Acting hastily
leads to poor trading decisions, and poor decisions can result
in blowing your trading account.
Instead, your approach to the trading challenge should pri-

oritize consistency. This means avoiding excessive risks per
trade and utilizing the entire time period of your challenge. This
strategy is the key to sound trading.
Especially in the current scenario with no time constraints,

hastily jeopardizing your challenge is a foolish mistake. Our
data reveals a noteworthy observation: consistently profitable
traders, aiming for long-term success, often take weeks to
navigate their challenges. They do so by avoiding excessive
risk in each individual trade, steering clear of burning through
the challenge hastily.
This should be your objective as well. While it may be tempt-

ing to complete a challenge in a single day, this approach is
effective only in the short term. Passing a challenge with a 5%
risk per trade might seem feasible, especially when taking one
trade in the first phase and another in the second. However,
as the number of trades increases, the risk of encountering
consecutive losses grows, bringing you closer to a scenario
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where your funded account is

depleted. With a 5% risk expo-
sure per trade, it’s only a mat-
ter of time before two losses
in a row lead to burning your
funded account. This unfortu-
nate outcome is observed in
approximately 99% of traders
on our platform.
In contrast, consistently prof-

itable traders showcased on
our social media platforms,
such as Daniel Marušinec and Rony Kapali, employ a maximum
risk exposure of 1% per trade. They also take a measured
approach, dedicating at least a few weeks to navigate the
challenge without rushing.
We’re not asserting that making money with a 5% risk per trade
is impossible—it can happen. However, this approach leans
more towards gambling than trading, and a significant majority
99% of traders on our platform have ended up in negative
territory. Despite a single payout of, for example, $5000, they
often exhaust it on additional challenges, only to burn through
them before receiving another payout.
Ultimately, the choice of approach is yours to make.
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7—The Anatomy
of Grave Mistakes
During a Challenge
Let’s explore some of the most significant mistakes through a
real-world example of one of our traders at the For Traders and
his first trading challenge. Let’s begin!
The trader embarked on his challenge during a turbulent period

in his life. He had a heavy debt burden and only enough sav-
ings to sustain himself for about three months. Despite being
in a precarious financial state and not being profitable even on
his demo account, he decided to quit his job and dive into the
trading challenge.
To make matters
worse, he was also
going through a
painful breakup,
leaving him emo-
tionally vulnerable.
It was the worst
possible environment
for a beginner trader.
Nevertheless, he
started the challenge
with a 1% risk expo-
sure per trade, an
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Always stick to your plan
“It’s clear to see the

importance of mental,
emotional, and financial
readiness, as well as
adherence to a sound
trading plan.”
amount that generated significant fear every time a trading

opportunity arose.
Miraculously, he managed to clear Phase 1 through three suc-

cessful trades, and euphoria swept over him—an alarmingly
dangerous state of mind for any trader. Without hesitation, he
dove headfirst into Phase 2, thinking, “What could possibly go
wrong? I’m invincible.” However, the reality of Phase 2 swiftly
delivered a blow to his confidence.
He started the challenge in a state of euphoria but quickly

suffered two losses that went against his trading plan. It was
a rocky start. He then engaged in revenge trading, resulting in
three additional losses that made no sense, leaving him with
a 5% deficit. During this downward spiral, he abandoned his
trading plan and traded haphazardly, believing that his plan
wasn’t working. However, how could it work if he wasn’t adher-
ing to its conditions?
As expected, he ended up blowing the challenge. He was left

devastated, having risked everything on the success of the
challenge. It was an invaluable lesson learned. This setback
served as the catalyst for him to improve, rectify his mistakes,
and mature into a seasoned trader.
By examining this real-world example

of the pitfalls and errors a trader can
make during the Funding Challenge,
it becomes clear how crucial mental,
emotional, and financial readiness
are, as well as adhering to a sound
trading plan. But fear not, this isn’t
the end of the road. From here on, we
will guide you on the correct path.
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In the forthcoming sections of this ebook, our primary focus

will be on the constructive lessons derived from this example.
Instead of dwelling on the errors, our aim is to illuminate the
path of effective trading strategies and practices. We will guide
you on a journey of understanding and mastery, demonstrating
the right approach and mindset required to triumph in the
Funding Challenge.
We will now explore the intricacies of strategic planning, risk

management, emotional control, and most importantly, adher-
ing to your trading plan. Our goal by the end of this journey is
to provide you with the necessary knowledge and confidence
to navigate the challenging aspects of the trading challenge.
We aim to help you turn potential pitfalls into stepping stones
for success.
So let’s embark on this enlightening journey towards successful

trading together. Remember, every setback can be an oppor-
tunity for a great comeback if you learn from it. Let’s embrace
those lessons and move forward with confidence.
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8—Mastering the Art

of Trading Journaling
What Exactly is Trading Journaling and How

Do You Go About it?
Trading journaling may be a new concept for some of you. Sim-
ply put, it involves keeping a record of your trading activities,
either on paper or using a digital application. This record can
include details about your daily trading experiences, emotions,
accomplishments, or even interviews with fellow traders.
For many traders on the For Trad-

ers team, including the one whose
journey we are following, journ-
aling has been a crucial step to-
wards success. We firmly believe
that without journaling, no trader
worldwide could successfully
navigate the complexities of the
funding challenge. Let’s explore
the reasons behind this belief.
Have you ever wondered how

people coped with their first
heartbreak? They did it through
journaling. By expressing their feelings and emotions during
that time, they not only managed to release their emotions but
also gained valuable insights to improve their mental well-be-
ing. Reviewing these journal entries allowed them to identify
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which events or situations were having a positive or negative

impact on their lives.
Ultimately, releasing negative emotions through journaling

is the first step towards maintaining composure during
live trading sessions and remaining objective during a
funding challenge.
Applying Journaling
to Trading
Journaling can be implemented
in your trading routine in two
distinct ways: noting your
emotions during live trading
and documenting the technical
aspects of your trades. Let’s
begin with emotions.
Just as you would record your feelings in your everyday life,

you will be doing the same while live trading. You will need to
answer questions such as:
Did I adhere to my trading plan when executing this trade?

What emotions did I experience when initiating the trade? Was
fear a factor? If so, why? Did I fear due to the risk exposure per
trade I had taken on? Or was my fear due to a lack of faith in
my trading plan?
Why did I close the trade before it hit my target profit? Did
fear that the trade might not reach my target profit and reverse
direction, hitting my stop loss or break-even point instead,
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drive me to do so? Was greed compelling me to secure at least

some profit? What were the underlying emotions at play?
Why did I hesitate to enter a profitable trade after suffering

three consecutive losses, despite it meeting all the criteria of
a good trade? Was I scared of another loss? If so, what was
the root cause of this fear? Do I trust in my trading strategy
and plan?
Here’s how these entries could

potentially look:
“I had three losses according to my trading plan and I became
furious. It was a dreadful day.”
“I secured a profit and was overjoyed. Consequently, I execut-

ed two irrational trades that resulted in losses...”
By expressing your emotions through writing, you achieve two

key things: You release your emotions, and you amass data
about how your emotions affect your decision-making during
live trading sessions.
After a month of journaling, you will have a rich compilation of

data to review. Suppose, upon inspection of your journal, you
discover that your most significant losses occur immediately
after your biggest wins. You have completed the process of
journaling, now it’s time to evaluate your mental patterns.
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Decoding Reflection in Trading

As we delve deeper into the art of trading, we arrive at a com-
mon conundrum most traders face - heavy losses following
substantial victories. This scenario might sound familiar to
many. Now, while there isn’t a universal remedy we can pre-
scribe, the solution resides within your thought process, which
we aim to help you navigate.
The first step is introspection, asking yourself some pivotal

questions. Why do these significant losses shadow my major
wins? Do I become overly exuberant after a win? Does greed
cloud my judgment? How do I feel post a notable victory? Can
I remain impartial while analyzing charts after significant wins?
Am I disciplined enough to stick to my trading plan even after
a streak of successful trades? Should I continue trading post a
major win, or should I step away? Should I maintain the same
risk exposure for the next trade or adjust it considering a high-
er probability of a loss?
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Once you begin this self-interrogation, revisit your journal

entries to look for answers from your past emotional states.
Gradually, this process should aid in identifying the root cause
of the issue, subsequently informing the resolution.
Sharing Our Experience

As fellow traders of the For Traders, we have grappled with
similar challenges. Allow us to share the solutions we discov-
ered through our journey.
Our solutions sprouted from a comprehensive review of our

trading journals. We noticed a pattern wherein days of profit-
ing were frequently marred by substantial losses, often from
trades not meeting our trading plan’s criteria. This recurring
anomaly signaled a flaw in our trading process that we were
determined to address.
The first question that came to mind was, ‘Why can’t we trade
in accordance with our plan? Is it greed?’ The candid answer
was yes. So, the next inquiry was, ‘How do we tackle this? Can
we simply switch off our greed?’ The hard truth is no, as greed
is an intrinsic part of human behavior. However, we can control
it to limit its impact on our trading. But how? One possible solu-
tion could be reducing the risk on subsequent trades for the
day to curtail potential losses. Or, we could decide to cease
trading for the day.
With this, we managed to overcome our predicament. A series

of introspective questions led us to introduce a critical clause
into our trading plans. We acknowledged our susceptibility to
greed, a universal human trait. Instead of battling it, we decid-
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ed to manage it either by taking a break from trading for the

day or reducing our risk exposure.
This experience emphasizes the importance of a structured

trading plan. A simple annotation of our emotional state
enabled us to devise a key condition that could potentially
facilitate success in our trading journey, and it has done so
numerous times.
Beyond Emotional Entries: Technical Notes

But trading journals extend beyond emotional annotations.
They also serve as a platform to record your backtesting per-
formance and live trading performance. Here you can detail
technical aspects such as:
The specific conditions from your trading plan that were satis-
fied, prompting a particular trade.
The specific entry pat-

tern from your trading
plan that appeared,
leading to the entry in a
particular scenario.
Your personal inter-

pretation of the market
situation, overall out-
look, and reasons for
profit or loss from a
technical standpoint.
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These technical annotations are essential, especially when you

compile data for statistical analysis to determine the profitabili-
ty of your trading strategy.
It’s important to record not only your backtesting but also live
trading performance. Some trading plans might yield excellent
results in backtesting but falter during live trading. For in-
stance, you may have a strategy based on entering when a 1M
bullish or bearish engulfing appears in a target area.
While backtesting, you might find this strategy quite successful

due to ample time for market analysis. But during live trading,
stress, and pressure might hamper your ability to analyze entry
conditions, leading to missed opportunities and unplanned
trades. Consequently, a strategy that yields a 50% win rate
during backtesting might only produce a 25% win rate during
live trading.
This discrepancy is crucial because backtesting and live trad-

ing are distinct disciplines. A trading plan might excel during
backtesting, boasting a 50% win rate, but live trading might
only yield a 30% win rate when emotions come into play.
Herein lies the importance

of recording your trades:
to highlight and address
such disparities.
After documenting all your live

trades in your journal, you now
have a practical tool for com-
parison with your backtesting
trades. This practice enables
you to evaluate the efficacy of
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your trading plan under real-world pressures. Consequently, it

also presents the opportunity to tweak certain elements within
your trading strategy to optimize its performance, boosting
your prospects of success in forthcoming challenges
Remember, the volume of trades recorded in your journal

correlates with the reliability of your data, enhancing the
precision of your analysis. This enriched data provides you a
solid foundation to fine-tune and genuinely elevate your future
trading strategy.”
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9—Streamlining Your
Trading Journal
As time progresses, you might discover that maintaining a daily
journal is not exactly the most exciting task. As traders at For
Traders, we’ve experienced this first-hand and have endeav-
ored to provide a solution: An automated trading journal.
This tool is part of

our Professional
Dashboard, offered
as a bonus when
you invest in our
funding challenge.
Throughout your
challenge journey,
the journal will dili-
gently document all
your trades, captur-
ing vital data asso-
ciated with them.
This section will guide you through its myriad capabilities.
Primarily, it keeps a meticulous record of all your trades, allow-

ing you to monitor the number of trades executed during the
challenge. Additionally, you can effortlessly review the total
profit or loss sustained over the course of the challenge period.
A pivotal element of the journal is the Risk-Reward Ratio

RRR segment. Here, you can evaluate the profit potential
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of each trade and gather insights into the average cost of a

losing trade.
Determining the RRR is a crucial aspect. By dividing your

average profit from winning trades by the average loss from
losing trades, you can ascertain your RRR. Why is this detail
so crucial?
Without awareness of your average RRR, it’s challenging to

gauge if your strategy is indeed profitable. To discern the
effectiveness of your trading plan and strategy, two vital
elements must be determined: your average RRR and your
average win rate.
The win rate is the second critical factor for assessing your
trading profitability. It’s a simple calculation where you quantify
all your trades and express the proportion of successful trades.
Our automated trading journal conveniently undertakes this
task for you.
A key principle to keep in mind is that a higher win rate often

corresponds to a smaller RRR, while a higher RRR typically
indicates a lower win rate.
Then, we reach the most crucial question: Is my trading strat-

egy genuinely profitable? Fortunately, there’s a straightforward
table that provides the answer. To determine your profitability,
you only require two pieces of data: your win rate and your
average RRR.
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In a nutshell, here’s what you should

diligently record in your journal
• The result of each individual trade.
• The conditions from your trading plan that influenced your

decision to enter the trade.
• Supplementary data from the trade: These may be factors

not currently incorporated into your trading plan but are
deemed significant and warrant assessment of their perfor-
mance and success rate.
• Your personal observations about the trade.
Making Statistics Work For You

While journaling can significantly enhance your trading journey,
it isn’t wholly sufficient on its own. To maximize its positive
impact, you need to create a statistic based on it.
You can generate statistics from virtually every element

recorded in your journal. Here are some examples. To sum-
marize, here are the primary statistical facets you should
concentrate on:
• Identify the days of

the week when your
trading plan yields the
best results.
• Examine the confluences

that lead to a higher win
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rate when entering trades, as well as those that correspond

to a lower win rate.
• Evaluate the efficacy of different entry patterns and identify

which ones produce the best outcomes. Also, recognize
entry patterns that should be avoided.
• Ascertain the currency pair(s) that provide the highest po-

tential win rate or Risk-Reward Ratio (RRR.
• Assess the influence of various timeframes on your trading

plan’s effectiveness.
• Compare the win rate between trades initiated based on

5-minute (5M entry patterns and 1-minute (1M patterns to
identify any variances.
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Risk management is key
“Trading isn’t an easy game.

It requires knowledge,
discipline and resources.
Only the most dedicated
traders will succeed.”
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10—Crafting Your
Trading Plan
A trading plan can be described in various ways, but for the
purpose of our guide, we’ll define a trading plan as a technical
blueprint that directs your actions during live trading or back-
testing. It usually consists of elements such as:
• Confluences that must be met before initiating a trade
• Entry patterns that inform your trade entries
• Positioning of stop loss
• Placement of take profit
• Determination of risk exposure
These components form the heart of your trading plan. Prior

to undertaking the challenge, you need to thoroughly outline
the specifics of your trading plan. Without a comprehensive
understanding of this plan, it’s impossible to instill a sense of
structure into your trading actions. Without carefully delineated
conditions steering your trading decisions, you can’t accurately
determine if your trading is objectively guided or if it’s swayed
by emotional influences. Absent a trading plan, your actions
become arbitrary, reducing trading to mere gambling.
Consequently, before we delve into the particulars of the

challenge, we’ll guide you in formulating a robust trading
plan. Based on our experience, simplicity is paramount when
crafting a trading plan. Let’s develop some fundamental
conditions together.
fortraders.com
Enumerating the Conditions

Objective Stop Loss (SL Position: Integrate a condition into
your trading plan that establishes an objective rule for plac-
ing the SL. For instance, regardless of the market’s volatility,
formulate an objective placement for your SL, such as a
daily low, high, or MA50, which has demonstrated effec-
tiveness during backtesting, and stick to it without making
subsequent adjustments.
Objective Take Profit (TP Position: Analogous to the SL, apply

the same principle to your TP. Incorporate a condition in your
trading plan that unambiguously specifies the placement of
your TP, ensuring you refrain from subsequent modifications.
35 Conditions for Trade Entry: These are the prerequisites

that must be met before you can enter a trade. Some examples
of such conditions might include:
Upward crossover of the 50-day Moving Average (MA50

Signals a tendency towards long trades.
Price trading below the daily low: Indicates a bias for

short trades.
Bullish or Bearish Outside Bar (BOS pattern on a 5-minute

timeframe: Used as a signal to spot an entry pattern.
Presence of a Bearish Engulfing or Bullish Engulfing pattern:

Entry patterns for short and long trades respectively, given the
presence of a preceding 5-minute BOS pattern.
Risk Management: Before initiating the challenge, set clear

risk management guidelines. It’s advisable to keep the risk
fortraders.com
exposure uniform for each trade. If you expect a higher prob-

ability of losses following a winning trade, introduce a rule to
diminish your risk exposure for one or two subsequent trades
post a winning one.
Break-Even (BE Rule: It could be useful to analyze your back-

tested trades. You may notice that some trades initially move in
your favor but eventually reverse, causing a stop loss. In such
instances, it’s beneficial
to pinpoint an advanta-
geous Risk-Reward Ratio
RRR where your trades
commonly revert before
reversing. When your trade
hits this RRR, adjust your
position to break-even
BE to avoid unnecessary
stop loss.
After you have compiled

a list of conditions like
these, you can proceed to
backtest them to assess their performance during backtesting.
We’ll guide you through the proper backtesting process in the
subsequent sections of this book.
In conclusition (whether in profit or loss), should only serve as

the core of your broader trading strategy.
The rationale behind each trade should be rooted in your expe-

rience and subjective understanding of the market. The syner-
gy of a sound trading plan and subjective insight forms what’s
known as a trading edge. This is the goal you should strive to
attain—melding astute subjectivity with solid objectivity.
fortraders.com
fortraders.com
11—Formulating Your
Trading Strategy
With a trading plan in place and an understanding of the im-
portance of journaling, it’s now time to compile a guide that will
help you craft a comprehensive trading strategy. This strategy
will be key in achieving profitable trans and paging the fading
challenge. Let’s dive in!
You’ve already learned how to design a trading plan focused on

the technical aspects of trading in financial markets. Now, we’ll
shift our attention to other important components of trading,
including psychology and practical matters such as risk man-
agement. Let’s begin with risk management.
Risk Management
In this section, your journal entries should serve as a mirror,
reflecting your personal rules for trading. These could include:
‘If I achieve two consecutive profits, I refrain from trading for
the remainder of the day,’ or ‘After three successive losses, I
stop trading for the day.’ You might also decide to lower your
risk exposure after two wins or increase it following two losses.
And so forth.
Risk management also entails defining the size of your max-

imum or fixed risk exposure per trade. However, determining
this can be a challenging task. The only viable way to set these
parameters is by testing them during your funding challenge
and documenting your feelings in your journal. As a starting
fortraders.com
point, we suggest a 0.5% risk expo-

sure per trade.
Psychology
In addition, it’s essential to include
some psychological guidelines in
your trading strategy. Adhering to
these rules will help you successful-
ly navigate your funding challenge
and manage live trading on your funded account. For instance:
• If you find yourself overtrading, you could set a strict four-

hour trading session, after which you refrain from making
any additional trades.
• If you find yourself on an emotional rollercoaster after scor-

ing profits on your live funded account, you might decide to
withdraw a portion of your profits and continue trading with
the remainder, while ensuring that your risk exposure stays
the same or reduces. This method can help you manage
your emotions effectively, allowing you to maintain a bal-
anced trading approach.
• If you notice that you tend to make unnecessary errors after

three consecutive losses in a single trading day, you may
decide to halt your trading activities for the rest of the day.
This preventive measure can help you avoid further losses
and preserve the integrity of your trading strategy.
fortraders.com
12—Swing or Intraday
At a certain point in your trading journey, you will need to
decide between two trading styles: Swing or Intraday. While
being a scalper is an option, we’ll discuss that later. Most trad-
ers typically fall into either the Swing or Intraday category. The
main distinction between these two styles lies in their ap-
proach. Swing trading involves fewer trades, primarily utilizing
higher time frames such as 15 minutes and above, and holding
trades for an extended period.
On the other hand, Intraday trading involves entering lower

time frames like 1 minute or 5 minutes and holding trades
for just a few minutes or hours. Both styles have the po-
tential to be profitable, but there’s a substantial difference
between them.
The key difference is straightforward. Intraday trading can

theoretically yield higher returns in terms of Risk-Reward
Ratio (RRR gain. However, it can also be quite demanding and
stressful to consistently trade over an extended period.
Swing trading, while theoretically less successful in terms of

RRR gain, is easier on the mind and less psychologically de-
manding. It often allows for a higher risk exposure per trade.
Consequently, you can potentially achieve the same percent-
age gains with Swing Trading as with Intraday trading.
However, the most significant advantage of Swing Trading is

the luxury of time it provides for entry. This enables the man-
agement of multiple accounts, far more than an intraday trader
fortraders.com
could handle. As a result, it’s possible to secure funding from

various proprietary firms and trade them simultaneously.
While it might sound straightforward, it’s not. Some individuals

proficient in Intraday trading struggle to become Swing Traders
due to impatience, which is a common challenge in Swing
Trading. Waiting for the right setups demands considerably
more patience.
As you may already be aware, patience is one of the most

challenging yet crucial skills to develop as a trader. Hence,
the typical trajectory of many traders’ careers often follows
this pattern:
Initially, they start with intraday trading.
They experiment with scalping.
They return to Intraday trading.
After mastering Intraday, they transition to swing trading, ac-

cumulating more capital and exploring other business ventures.
While they continue intraday trading, they selectively take

high-probability entries.
A major advantage of swing trading is that it only requires

a few minutes a day, allowing individuals to maintain their
jobs, establish a safety net, and gradually embark on their
trading careers.
fortraders.com
13—Which Symbol
to Trade
When devising a trading strategy, a pivotal question arises:
which symbol should I trade? The answer isn’t straightforward,
but we can offer some insights. Over 90% of traders who
successfully navigate our challenge and receive payouts typ-
ically trade one of these three symbols: EURUSD, USDJPY, or
XAUUSD. Additional symbols commonly traded by our Funded
Traders include Dow Jones, NAS100, and GBPUSD.
Nevertheless, this
doesn’t imply that
trading EURGBP or
SPX500 will render you
unprofitable. Quite the
contrary, profitability
isn’t strictly determined
by the pair you choose.
While the pair isn’t
the sole determining
factor, it still holds
significance.
Therefore, we recom-
mend experimenting with as many pairs as possible initially
and then narrowing down your focus to 13 that align best with
your entry criteria and patterns, ultimately offering the highest
win rate or Risk-Reward Ratio (RRR.
fortraders.com
Cryptocurrencies are also a viable option, as our Head Trader,

Jan Srajer, has demonstrated successful trading in this market.
You can observe his live streams on our YouTube channel and
emulate his effective strategy.
fortraders.com
Backtesting 51
14—Backtesting
The components we’ve discussed thus far form the founda-
tional elements of your trading strategy before you embark on
any trading challenge. This strategy, along with your trading
plan, serve as a reliable guide, instilling confidence when you
trade live under stressful conditions. They represent a tried-
and-tested approach, a strategy you have validated through
extensive backtesting and the proven profitability of which you
have witnessed.
Nonetheless, it is vital that you do not start the challenge

without a trading plan that has demonstrated its effectiveness
through backtesting. In this chapter, we’ll guide you through
the process of backtesting effectively.
To begin with, it’s imperative to clearly establish the conditions

of your trading plan before you start backtesting. Next, it’s
essential to document every trade you make during the back-
testing phase in order to gain the most accurate insight into
the performance of your trading strategy.
Do not ignore or gloss over your losing setups—this is a pitfall

some traders fall into and it’s one of the worst mistakes you
can make.
The actual process of backtesting follows. While platforms like

Tradingview or FX Replay can be used for backtesting, we rec-
ommend FX Replay as it allows you to virtually execute trades
similar to how you would on a demo or live account. Although it
may seem like a mere novelty, it’s a powerful feature that adds
an extra layer of realism and pressure.
fortraders.com
Backtesting 52
The backtesting pro-

cess itself is straight-
forward: you enter
trades in accordance
with the conditions
stipulated in your
trading plan, set take
profits as per your
trading plan, adjust
trades to break-even,
and close them either
in profit or at a loss.
After each trade, each day of backtesting, or each week of

backtesting, you journal your findings. You should record the
outcome of the trade, the confluences that led to your entry,
and the entry pattern you used for that particular trade.
However, there’s an additional element that we have not yet

discussed: your personal opinion. During backtesting, you
should always examine the market from a perspective broader
than simply whether it met your trading plan conditions or not.
You should always note your thoughts on why you believe you
lost or won. This practice helps you create what we call ‘market
logic,’ a skill that will prove beneficial in the future.
This process helps you cultivate a unique perspective that will

improve your win rate over time. Because trading is not just
about a mechanical approach based on taking trades that meet
your conditions. It also hinges on how each trader perceives
the market from their personal standpoint—this is the quality
that separates good traders from the best.
fortraders.com
15—Risk Management
and Essential
Guidelines
In this chapter, we’re going to share some invaluable rules that
have served us well in successfully navigating various chal-
lenges. The first rule we’d like to underscore is the significance
of proper risk management. Grounded in our personal expe-
rience (although it might not universally apply), we’ve found
a risk management method that keeps us entirely composed
during funding challenges.
Once you’ve meticulously backtested your trading plan and

accumulated data from a multitude of trades, you’re in a posi-
tion to identify the maximum losing streak you might face while
trading live. If you haven’t done so already, it’s crucial to gather
statistics related to this
specific aspect. Once you’re
aware of the exact length of
your longest losing streak,
double it. Subsequently,
carefully choose your risk
exposure, ensuring it’s
within a limit that allows
you to weather such a
scenario without draining
your account.
Another vital rule is resist-

ing the urge to incessantly
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modify your trading plan each time you encounter a losing

streak. This is a frequent problem many traders grapple with.
They experience a losing streak and promptly begin doubting
the efficacy of their trading plan, feeling compelled to make
amendments. However, the issue generally lies elsewhere,
often within the sphere of psychology. You should only consid-
er changing your trading plan if, after a considerable number of
trades (around 50, for instance), you persistently find that it’s
not generating profitable outcomes.”
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Psychology 55
16—Psychology
Tackling Emotions
At the heart of our discussion is the formidable challenge that
turns profitable trading in a live environment into a strenuous
task: emotions.
Emotions suddenly rear their head at every step of the trading

process—from scouting for trades and analyzing the market
to opening and closing positions. They heavily influence every
decision you make, typically to your detriment. You might be
pondering how to dodge them, but regretfully, it’s impossible.
Instead, you must learn to deftly manage and navigate them.
The initial step in effectively tackling emotions while trading

is to gain an in-depth understanding of each emotion. Let’s
begin with greed, which is perceived as the most detrimental
emotion to experience while trading. It’s natural to harbor a
desire to earn money, but greed can provoke damaging ac-
tions. Greed might drive you to shift your stop loss further into
negative territory, hoping for a market turnaround in your favor.
Similarly, it can also allure you to shift your take profit further
into positive territory.
These actions are prevalent among emotional traders and

are fundamentally erroneous. To counteract greed, I propose
a straightforward technique. Incorporate a condition in your
trading plan that definitively states where you will position your
stop loss and take profit, and then backtest it. For instance,
you could impose a rule to invariably place your stop loss at
fortraders.com
Psychology 56
the 20-period moving average (MA20 or at the previous day’s

high/low. Designate an objective condition for both the stop
loss and take profit levels.
Once you’ve set these conditions, the task becomes uncom-

plicated: persistently adhere to the conditions outlined in your
trading plan, regardless of the circumstances. This strategy
will assist you in surmounting greed. While it may be alluring to
attempt to complete your funding challenge in a single trade or
evade the stress of trading for 20 days, it’s vital to remember
that consistency is the linchpin to successfully conquering the
challenge and trading your live account profitably.
Navigating Fear
Another prevalent emotion in trading is fear. Fear can consid-
erably dent your profitability as it might deter you from capital-
izing on high-quality setups following a few losses or dissuade
you from entering
another profitable trade
after a winning streak.
Overcoming fear is not
a simple task, and total
avoidance may not even
be feasible. However,
there are strategies
you can leverage to
curtail fear.
One effective method to

mitigate fear is through
positive experiences.
This can be accom-
fortraders.com
Psychology 57
plished by securing profitable trades during live trading and

consistently backtesting your trading plan. Cultivating a record
of successful trades and having faith that a winning streak will
succeed a losing streak when you adhere to your trading plan
can help alleviate fear.
Moreover, your trading plan itself can help confront the fear of
losses. When you possess a well-defined trading plan that you
trust, it offers a sense of security and minimizes fear. Knowing
that your plan has undergone thorough testing and boasts a
positive expectancy can instill you with the confidence to exe-
cute trades without being excessively swayed by fear.
While it may not be feasible to completely eradicate emotions

such as greed and fear from your trading journey, by compre-
hending them and implementing strategies to manage them,
you can significantly enhance your trading performance.
Managing Overtrading
Another common issue encountered during the funding
challenge involves two interconnected problems: hastiness
and overtrading.
We’re all acquainted with this sensation. You aspire to com-

plete the challenge as rapidly as possible, ideally with just one
trade, so you can bypass fretting about the outcome for the
next 20 days.
Frankly, this strategy seldom works, and it’s more likely that
this approach, coupled with risking too much on a single trade,
will swiftly deplete your funding challenge. Even if you were to
conquer the challenge with just one trade, it would bear a clos-
fortraders.com
Psychology 58
er resemblance to gambling than actual trading, and you would

probably squander your live trading capital in short order.
Instead, it’s recommended to approach your trading challenge

with consistency and aim to trade throughout the entire 20
day period. This is the only method to trade responsibly and
evade overtrading, which is another significant problem during
the challenge.
Overtrading involves spending an inordinate amount of time

each day in front of the screen, leading to poor decision-mak-
ing and severe burnout. You may find yourself devoting sig-
nificant hours to analyzing charts daily, yet not achieving the
desired results. These two factors
contribute to a sense of depriva-
tion that can greatly impact your
performance during the challenge.
Guidelines for
Maintaining Emotional
Stability
The worst thing you can do is
resign from your job to undertake
the challenge. This approach never
works for a simple reason: it places
double the pressure on you. Not only do you face the possibili-
ty of failing the challenge, but you’ve also already quit your job,
meaning if you don’t secure the trading capital, you’ll have no
other source of income.
fortraders.com
Psychology 59
To ensure you don’t place excessive pressure on yourself, it’s

important to avoid the following when embarking on a funding
challenge with a trading prop firm:
Refrain from publicly announcing your challenge—keep it pri-

vate and avoid broadcasting it everywhere.
Avoid resigning from your job before commencing

the challenge.
Social Life As a Trader

Another crucial aspect to consider is the impact on your social
life and emotional well-being. When you start taking your trad-
ing career seriously, you’ll notice significant changes in your
surroundings. Many friends may drift away as your character
evolves, and you might even experience a disconnection that
could culminate in the end of a romantic relationship.
This is a common experience for approximately 90% of trad-

ers after they commence trading, and it’s not an easy hurdle
to overcome. However, there are a few strategies that can
simplify it:
• Seek out a community of fellow traders and forge

connections with them. Having a support network of
like-minded individuals can offer invaluable understanding
and encouragement.
• Consider incorporating regular exercise by joining a gym.

We think it is a great opportunity to meet driven individ-
uals there who share similar ambitions and it can lead to
positive connections.
fortraders.com
Psychology 60
• Once you’ve successfully addressed these fundamental

aspects, you’ll likely encounter the typical challenges that
every trader faces. In the following sections, we will delve
into specific situations and explore effective strategies for
managing them.
Handling a Losing Streak

In handling a losing streak during a trading challenge with a
funding prop firm, it’s vital to adhere to these guidelines:
Acknowledge That a Losing Streak Is Inevitable: Regardless

of your trading prowess or the high win rate of your strategy,
you will inevitably experience periods of consecutive losses.
It’s crucial to accept this reality, and I apologize for being the
bearer of bad news, but it’s natural to feel dejected during such
times. However, there’s an effective approach: diminishing the
impact of your emotions.
Decrease Risk Per Trade: When you adjust your risk per trade
from 0.5% to 0.1%, your
trading experience will
undergo a significant
transformation. Always
remember that trading
should be approached
objectively and without
substantial emotional
attachment. Consider
which scenario is more
likely to foster an objec-
tive state of mind: risk-
ing a significant portion
fortraders.com
Learn from your past trades
“Journaling enables
you to evaluate the
efficacy of your
trading plan under
real-world pressures.”
Psychology 62
of your trading account or risking a smaller fraction? I believe

you know the answer.
The true secret to accumulating substantial profits lies in hav-

ing a larger account while risking only a small fraction of your
trading capital. Many successful traders follow this approach.
Using a high-risk strategy where you risk, for instance, 3%
per trade is more of a deviation from the norm than a reliable
source of income.
Transform Your Trading Journal Into Statistics: While this may

seem like a straightforward step, it can be easily overlooked
by your mind. Trust me, once you have conducted numerous
trades during your backtesting phase and diligently journaled
them, you will gain invaluable insights into how your strategy is
likely to perform in live trading.
Your primary objective then becomes faithfully adhering to

your trading plan during live trading. While this may seem
simple, it’s actually more challenging than it appears. You’ll find
yourself contemplating the quality of your trading plan partic-
ularly during a losing streak. To help ease your mind, I have a
simple yet effective suggestion.
After journaling all your backtested trades, transform the data

into meaningful statistics and keep them visible next to your
PC while engaged in live trading. Doing so ensures that when
negative emotions start to arise, you’ll have those statistics
right there, reminding you that you’ve been profitable when
trading according to your plan. This visual reminder will signifi-
cantly aid you in adhering to your plan with ease.
fortraders.com
17—Five Pillars of
Triumphing in the
Funding Challenge
Picking the Suitable Capital Sum

It is paramount to commence your challenge with a sum of
money that won’t disrupt your lifestyle if lost. Only put on the
line what you are comfortable parting with, without significant
repercussions. This approach encourages a relaxed disposition
and promotes clear-headed decision-making—key attributes
for success in the challenge.
Embarking on the Challenge Only When

Fully Prepared
Before you set foot in the arena of the challenge, ensure that
you are completely ready, both mentally and financially, and
that you have the necessary technical knowledge. Rigorously
backtest your trading plan, gather statistical evidence, and
ensure your personal life is stable. Only then should you con-
sider stepping into the challenge.
fortraders.com
Managing Risk Appropriately

Whether you adopt our recommended rule or have crafted your
own, adherence to it in defining your risk exposure is crucial.
Avoid extremes—risking either too much or too little—on a
single trade.
Steer Clear of Impulsive Choices

Resist the temptation to clear the challenge in a single trade.
Instead, employ sound risk management principles and tackle
the challenge consistently and patiently.
Stay Committed to Your Trading Plan

Your trading plan is your compass—regardless of the turns and
twists, always stick to it. This plan will provide you with the
necessary guidance and bolster your confidence during your
trading journey.
If you conscientiously adhere to these principles, you’ll bolster

your chances of successfully completing the challenge and
realizing your trading ambitions. Remember, discipline, adapt-
ability, and focus are the watchwords throughout this process.
Best of luck!
fortraders.com
Closing Remarks 65
18—Closing Remarks
As we draw our e-book, “How to Triumph in the Funding
Challenge,” to a close, we express our profound apprecia-
tion for your companionship on this insightful journey. We
sincerely hope that the strategies and advice imparted here
will serve you well as you undertake the enthralling For
Traders Challenge.
Keep in mind, the road to success in the realm of proprietary

trading demands discipline, proficient risk management, and an
intimate comprehension of your trading plan. By integrating the
key principles outlined in this e-book, you’ll be well-equipped
to navigate the challenges with confidence and accuracy.
Never overlook the importance of meticulously backtesting

your trading plan, scrutinizing the data, and making data-driv-
en decisions. Concentrate on managing risk effectively, main-
taining a risk exposure that protects your capital yet provides
room for potential growth.
Importantly, refrain from impulsive modifications to your

trading plan during tumultuous periods. Focus instead on
identifying and addressing any psychological aspects that may
be impacting your trading performance. Adjustments to your
plan should only be contemplated if a significant trade sample
consistently signals a need for modification.
As you embark on this thrilling funding challenge and journey

towards your aspirations in proprietary trading, we extend our
sincerest well wishes. May your diligence, understanding, and
fortraders.com
Closing Remarks 66
tenacity guide you to surmount the For Traders Challenge and

achieve unparalleled success in your trading career.
Once again, our deepest thanks, and may you always find
fortune in the fluctuations of the markets!
fortraders.com
Closing Remarks 67
How to Pass a Trading Challenge in 2024
written by For Traders for traders,

Janura 2024
www.fortraders.com
fortraders.com
Get capital, education, and up
to 90% profit split. For everyone,
since day one. We cover the losses
www.fortraders.com
@fortraderscom

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How to Pass

Our Firm’s Operations 9

Unlocking Your Trading Potential with For Traders 11

Mastering Our Challenge: Understanding the Rules 13

Key Ingredients to Conquer the Challenge 15

Why Do Many Traders Stumble? 19

The Anatomy of Grave Mistakes During a Challenge 23

Mastering the Art of Trading Journaling 27

Streamlining Your Trading Journal 35

Crafting Your Trading Plan 41

Formulating Your Trading Strategy 45

Which Symbol to Trade 49

Risk Management and Essential Guidelines 53

Five Pillars of Triumphing in the Funding Challenge 63

Proprietary trading firms are unique entities that provide

If you succeed in the challenge, we will make it easy for you to

As a member of the Trading for For Traders, you will keep up

Joining our proprietary firm comes with a range of benefits

Our firm places a strong

to explore new opportunities and maximize returns. We provide

We take pride in our high-quality education and the exceptional

While trading can eventually deliver the desired lifestyle, it

Trading stands out as one of the most lucrative endeavors for

trading, once you achieve profitability, you can swiftly and

Remember, with our guidance, a capital of $100,000 is just

Which other proprietary trading firm caters to your needs even

Enjoy the reading journey;

Let’s imagine a situation where you risk 0.5% of your capital

In fact, we believe that navigat-

You can acquire a challenge and

without forfeiting your fee, while only risking a minimal portion

The most significant benefit of our challenges is the simplicity

Another important factor is patience. When you start rushing

Surprisingly, having a slightly detached

Your emotional state before starting the challenge is very

It’s important to recognize that trading shouldn’t be your

The same principle applies to taking on a trading challenge.

• Having a clear trading plan

• Having a defined trading strategy

• Having a comprehensive approach to managing risks

“The moment you

If they struggle with self-control in their personal lives, how

If they are dealing with financial difficulties and struggling to

Having a well-defined and thoroughly tested trading plan also

It is crucial to recognize that the fear of losses in trading is

Excessive Risk Exposure

The key is to identify the optimal level of risk exposure that

However, this line of thinking leads

Instead, your approach to the trading challenge should pri-

Especially in the current scenario with no time constraints,

This should be your objective as well. While it may be tempt-

where your funded account is

In contrast, consistently prof-

Ultimately, the choice of approach is yours to make.

The trader embarked on his challenge during a turbulent period

“It’s clear to see the

amount that generated significant fear every time a trading

Miraculously, he managed to clear Phase 1 through three suc-

He started the challenge in a state of euphoria but quickly

As expected, he ended up blowing the challenge. He was left

By examining this real-world example

In the forthcoming sections of this ebook, our primary focus

We will now explore the intricacies of strategic planning, risk