X @Mayne

Risk Management in Prop Trading - Prop firms view traders through the lens of risk management, assessing their ability to avoid significant losses while maintaining profitability [1] - Successful prop traders adhere to a well-defined trading strategy with consistent rules, treating challenges as routine trading sessions [1] - Respecting drawdown limits is crucial for survival, with position sizing adjusted to withstand losing streaks [2] Trader Behavior and Performance - Unsuccessful traders often lack a defined strategy, relying on emotions and impulsive decisions, leading to revenge trading or excessive risk-taking [2] - Rushing to meet profit targets can lead to forced trades and poor setups, resulting in challenge failure [3] - Discipline is more important than skill in prop trading, highlighting the importance of a consistent process [3]