What risk per trade should you pick for your first challenge?

0.5–1%. That way a 5–6 stop streak costs 3–6% and the account survives, while the target is still reachable in a few weeks.

Why come back to the simulator after the course?

To test your strategy and knowledge for free, with no risk. The simulator is a free practice ground: try a new plan, rehearse the rules, practise before a real challenge.

In what order should Mira head toward a real challenge?

Simulator with no breaches → free trial → paid challenge. From free to paid: each step tests the skill before money is on the line.

Finale: the plan and a training challenge

Lesson 12 of 12 in the course “Prop Trading”. Free, with animations and a quiz.

Six rules for passing

Everything you’ve covered boils down to six rules. 0.5–1% risk per trade and always a stop. Before a trade, check what’s left of the daily limit. Your own daily stop, stricter than the firm’s. After 2–3 stops, lower risk or a pause. Rules read before paying. And the target reached calmly, with no “finishing” trade.

Mira’s plan

Mira chose a two-step $100,000 challenge with a static drawdown. Her plan: 0.5% risk, a 2R target, max 3 trades a day, her own daily stop at −1.5%. An 8% target at 0.5% risk is 16R, about 46 trades, or 3–4 weeks. Slow? But even six stops in a row is just −3%, and the account is safe.

The training challenge

Now it’s your turn. The Brainax simulator gives you a $100,000 account under typical prop rules. First you write down your plan, then a mentor walks you through the first trade step by step, and every gauge has a “?” button that explains it. You can come back to the simulator any time: to test your strategy, refresh your knowledge or practise before a real challenge.

What’s next

Pass the training challenge at least twice with no breaches. Then, if your chosen firm has a free trial, try it. Only after that, a paid challenge, and only with money you don’t need to live on. Got your first payout? Withdraw profit regularly. Trading involves risk, and no course guarantees income.

Check yourself

What risk per trade should you pick for your first challenge?
Correct answer: 0.5–1%. That way a 5–6 stop streak costs 3–6% and the account survives, while the target is still reachable in a few weeks.
Why come back to the simulator after the course?
Correct answer: To test your strategy and knowledge for free, with no risk. The simulator is a free practice ground: try a new plan, rehearse the rules, practise before a real challenge.
In what order should Mira head toward a real challenge?
Correct answer: Simulator with no breaches → free trial → paid challenge. From free to paid: each step tests the skill before money is on the line.

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