Risk Management - Mastering risk management is crucial for scaling trading operations [1] - The perceived impact of a 2% gain varies significantly based on the capital base, highlighting the psychological aspect of risk management in trading (2% on $5K vs 2% on $100K) [1] Trading Platform - RT Breakout provides capital to traders [1] - Traders are responsible for managing risk and leveraging their edge [1]

Prop Trading Mindset - Prop trading firms emphasize consistent performance over high-risk, high-reward strategies [1] - The evaluation phase is viewed as an audition to demonstrate emotional control and adherence to a trading plan [1] - The goal is to remain solvent and demonstrate competence to gain credibility within the firm [1] Risk Management - Avoid excessive risk-taking ("swinging for a home run") during the evaluation [1] - Focus on long-term sustainability rather than short-term gains [1]