1. The First Hurdle to Get Funded: Only 30% Make it to Payout

Angelo, CEO of the funded trader, dropped a truth bomb: a mere 30% of those who get funded make it to their first payout. Shocking, right? Reflecting on personal experiences of SureShotFX Trade Team, blowing funded accounts was a reality for many prop traders However, it was driven primarily by two culprits: greed and impatience.

Greed tempts us to overleverage on what seems like a golden opportunity, leading to massive losses. Meanwhile, impatience, fueled by unrealistic profit expectations, pushes traders to risk more than they should. The key lesson here is to approach funding as a new mountain to climb, with caution and a focus on long-term sustainability.

Learning from Mistakes: The Greed and Impatience Trap

If you look at one of our known prop trader’s FTMO dashboards, the trader has blown three funded accounts due to these common pitfalls. Over-leveraging and impatiently risking 1% from the start were the main reasons for these disasters.

Yes, if you get funded, that is exciting. However, to get your first payout, you must not get out of your focus. If you start thinking that this is live money now, you can risk more if you find a clean setup. You end up overleveraging. And once your account gets below a certain percentage of drawdown, you start to get fearful and start revenge trading. Secondly, if you start risking 1% right from the start, there’s a huge risk. Let us break it down. When you are risking 1% off the bat, you will be risking 10% on one trade idea, which is crazy!

The crucial advice? Start small, risking 0.25% to 0.5% per trade idea, building a cushion before gradually increasing risk.

Realistic Profit Targets: Aim for Sustainable Growth to Get Funded

One of the most important factors to keep in mind is “Setting Realistic Profit Targets.” Do not get hyped up by seeing astronomical gains flaunted on social media by others. If you compare them to any average hedge fund’s 10-20% yearly returns, aiming for 1-3% each month is a more realistic profit target for you as a retail trader.

“Sustainable profits lead to lasting success.”

2. The Second Statistics: The Gamblers Among Us

Smart Funded Trader’s statistic reveals shocking data. “About 400 challenges were blown in the first week alone! “

This prompts a crucial reminder: trading challenges aren’t a game of chance. Traders who play with NEWS trade like it’s a game. And they are taking a big risk with their accounts. There are a lot of traders who will just wait for high-impact news to enter a trade. They will either pass the challenge or hit stop loss and blow their account.

Traders have to achieve specific goals, like keeping the drawdown limit and hitting the profit target, to succeed in the funding challenge. If they break any of these rules during the assessment, they can’t move forward, and they lose their account.

This puts a lot of pressure on traders to stick to these objectives. Many struggle to get past the first phase due to the strict drawdown rule. To address this, SureShotFX traders developed an EA called SureShotFX Guardian. This tool helps traders protect their drawdown limit effectively. While working on other challenge objectives, traders can rely on SureShotFX Guardian to keep their drawdown in check. Here are some features included in SureShotFX Guardian:

• Max Drawdown
• Daily drawdown
• Floating profit/loss
• Your limits are displayed directly on your MT4/MT5 screen.
• You will be alerted through Telegram in case your account reaches your set limit.
• You can also close all trades and check running trades through telegram.

So, what’s our advice? Make a plan and structure to achieve your profit targets instead of relying on just luck.

3. The Third Statistic: Quality Over Quantity

A surprising revelation from FundedNext shows that 12% of funded traders taking less than 15 trades per month secure nearly 55% of total payouts.

This contradicts the common belief that more trades equal more profits. Generally, we have seen many of our own GOLD VIP signal members taking one-two gold trades a week and securing payouts months after months. This is called calculated trading. You do not need to trade every day; you only need to trade 2-3 times a week, depending on your trading strategy. You will be more profitable this way than placing trades daily.

The takeaway? Quality beats quantity. Take calculated A+ setups rather than succumbing to the urge to trade daily.

4. Strategies to Get Funded for 2025: Aggressive vs. Conservative

Now, SureShotFX trade team has shared two approaches to get funded accounts in 2025: the aggressive and the conservative.

Aggressive Approach: Three Simple Rules

1. Risk 1% per trade idea.
2. Use a 1 or 2 risk-to-reward ratio.
3. Limit yourself to a maximum of two wins and two losses per day, with a maximum of four losses per week.

This way you will only lose 2% in a day, securing your daily loss limit. Thus, with these rules combined with a proper signal setup from SureShotFX will streamline your path to funding.

The Conservative Approach: Slow and Steady Wins the Race
For those who prefer a low-risk, low-reward strategy, you can start with a conservative approach.

Start with a 0.5% risk
When your profit target reaches to a 2-3% margin, then increase your risk to 1%. This way, you are using your 2-3% acquired profit as a cushion. Of course, this method will take a bit longer, but this minimizes the risk of blowing your account. If you lose trades and lose the cushion, go back to the previous approach of risking 0.5% and start rebuilding. The other three rules are the same as the aggressive approach: max 2 wins/day, max 2 losses/day, and max 4 losses/week.

This way, you will be losing only 1% in a day, which is less than an aggressive approach.

SureShotFX Hit The News:
SureShotFX has been featured by top U.S. news portals like AP News, Financial Content, Union-Bulletin, and so on. Spotlighting its innovative impact on the trading community. With a 20% discount and all VIP channel access on Eightcap registration, don’t miss the chance to elevate your trading with SureShotFX’s unbeatable Forex signals and trade copier services!

In conclusion, whether you opt for the aggressive or conservative route, remember that getting funded is just the beginning. Sustaining and growing that funding requires discipline, strategic planning, and a focus on quality over quantity. May your trading journey be prosperous and funded!

The post How to Get Funded in 2025 appeared first on SureShotFX.

Prop trading comes with an array of challenges that can make or break a trader’s success. Maintaining strict risk management is crucial yet incredibly difficult without the right tools in place. All it takes is one bad trade for an account to spiral into a margin call if drawdowns are not actively monitored and managed.

In prop trading challenges, success is a delicate dance between strategy and risk management.  However, implementing consistent and effective risk management amidst the volatility of the markets is easier said than done. This is where a specialized tool like SureShotFX Guardian can step in to empower traders to protect their hard-earned accounts.

In this guide, we dive into the intricacies of prop trading and unveil the power of SureShotFX Guardian, a tool designed to safeguard drawdown limits and elevate your performance.

Understanding SureShotFX Guardian

Enter SureShotFX Guardian, your invaluable companion on the prop trading battlefield. This custom-designed Expert Advisor (EA) acts as your guardian angel, safeguarding your account from exceeding your pre-defined drawdown limits. Its powerful features empower you to take control of your risk exposure and trade with a focused mind:

1. Max Drawdown Tracker – A crucial metric, SureShotFX Guardian allows you to set and monitor your maximum drawdown limit, preventing catastrophic losses.

Define your maximum tolerable drawdown, and SureShotFX Guardian automatically intervenes to prevent your account from exceeding this limit, acting as your safety net. Staying aware of your max drawdown enables you to scale back when you are nearing your comfort zone.

2. Daily Drawdown Tracker – Keeping a watchful eye on daily drawdown ensures that you stay within predefined risk parameters, promoting consistent and controlled trading. Go beyond static limits with real-time monitoring of daily drawdown. This granular control ensures your account stays within acceptable boundaries on a day-to-day basis.  This takes the guesswork out and eliminates scrambling at the last minute. 

3. Floating Profit/Loss Indicator – Furthermore, the tool provides a floating real-time profit/loss indicator on the chart so you intimately understand how each additional trade you put on will impact your bottom line. This contextual trade awareness is invaluable.

Moreover, SureShotFX Guardian,

• SureShotFX Guardian keeps you informed every step of the way. Crucial information such as your drawdown limits, current drawdown level, and floating profit/loss are displayed directly on your MT4/MT5 screen.
  Additionally, receive instant Telegram alerts when your account approaches or reaches your set limits, allowing for swift action to prevent potential losses.
  
• SureShotFX Guardian extends its reach beyond monitoring and notifications. It empowers you to manage your trades directly through the Telegram app.
  Simply issue commands like “CLOSE” to close all open positions instantly, maintaining control even when you’re away from your trading platform.
  
• But the tool goes one step further by offering Telegram alerts that promptly notify you the moment your account reaches a dangerous level in proximity to your set drawdown limits or maximum loss levels. Instead of realizing too late, these alerts allow preemptive action.
  
• Finally, SureShotFX Guardian enables full trade management via Telegram as well. This means you can close all trades or check running profit/loss on demand to make data driven game-time decisions.

Setting Up SureShotFX Guardian: Easy-peasy Lemon Squeezy

SureShotFX Guardian’s user-friendly design makes the installation process straightforward. A step-by-step guide ensures even novice traders can set up the tool with ease. Once installed, configuring drawdown limits is a breeze, offering a tailored approach to risk management. Alright, let’s break this:

• Step 1) Purchase Access
• Step 2) Download EA File
• Step 3) Drag and Drop onto Chart
• Step 4) Enter Credentials 

It takes just minutes without any complex manual coding or troubleshooting.

Customization: Tailoring SureShotFX Guardian to your preferences is a crucial step. Customizing alerts and notifications ensures that the tool aligns seamlessly with your trading style. For a visual walkthrough, the video tutorial provides comprehensive guidance, accessible here-

Integrating SureShotFX Guardian into Your Existing Trading Strategy

A. Once SureShotFX Guardian is set up, consistency is critical. Make sure to monitor the tool’s visual displays of your max drawdown, daily drawdown, floating P/L etc. to inform your intraday decisions. Don’t just set it and forget it. Leverage what it shows you.

B. The drawdown protection the tool provides will help maintain account resilience over the ups and downs of the market’s cycles. Avoiding forced stop outs allows you to stick to your edge with less interference.  

C. Take time to actively align SureShotFX Guardian’s parameters and notifications with your preexisting risk management plan so it integrates seamlessly rather than operating in a silo. Connecting these dots will optimize its effectiveness.

D. Additionally, keep assessing market dynamics and utilize SureShotFX Guardian to adapt. For example, increase drawdown buffer in times of higher volatility. Or tighten limits when volatility contracts. This flexibility keeps you in control.

Addressing Common Concerns

• Candle Visibility: A common query revolves around candle visibility after installing SureShotFX Guardian. It’s essential to note that candles won’t be displayed on the chart where the EA is set. To view candles of the same pair, traders can simply open a new chart—a small adjustment for enhanced clarity.
• SureShotFX Guardian and the Prop Trading Challenge: An important clarification is in order: SureShotFX Guardian serves as a guardian of drawdown limits in prop firm challenges but does not guarantee success in passing the challenge. Understanding its role is crucial for realistic expectations.
• Device and Platform Requirements: SureShotFX Guardian requires a laptop or PC for setup, and optimal performance is achieved when running on the MT4/MT5 platform. These requirements ensure a stable and secure environment for the tool to function seamlessly.

Committing to Continuous Learning and Improvement

1. SureShotFX Guardian is a dynamic tool that evolves to meet the needs of traders. Staying informed about updates and new features is key to maximizing its potential. The tool’s community provides valuable insights, creating a space for continuous learning. 
2. And finally, don’t hesitate to provide your candid feedback to the SureShotFX Guardian team on your experience. This direct feedback enables them to identify aspects of the tool to optimize moving forward for even better functionality. Your input drives innovation.

In Closing

• In summary, SureShotFX Guardian can undoubtedly serve as a trader’s right hand man, working tirelessly behind the scenes to enable effective risk management and drawdown protection in order to sustain long term profitability. Prop traders equipped with this tool have an edge.
• Taking the time to actively implement SureShotFX Guardian into your processes will provide you the comfort of knowing your account has a resilient safety barrier against the inevitability of trading losses. Drawdown limits become less nerve wracking.
• And perhaps most importantly, adopting a learning mindset around specialized tools like SureShotFX Guardian, seeking continued improvement through community and feedback, will ensure you continue progressing successfully in your prop trading career for years to come. The day you stop learning is the day you stagnate.

Golden Egg:

If you are a prop trader who wants to step up your risk management game to reach the next level, we strongly recommend adding SureShotFX Guardian to your arsenal. The drawdown protection it delivers can mean the difference between hitting your profit targets and blowing up your account so do your due diligence. The days of manual Excel calculations and guesswork should be behind you. Don’t hesitate to embrace SSF Guardian as your trusted companion in the prop trading battlefield. Take control of your risk, trade with confidence, and unlock your full potential as a successful trader.

Explore SureShotFX Guardian further and unleash its power on your prop trading journey.

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