prop firms
A profitable strategy can still fail an FTMO challenge on a rule technicality. Here's exactly how the daily and total drawdown mechanics work — and where traders silently breach them.
risk management
Most traders pick an account size from thin air. Here's the math that works backwards from your strategy's drawdown and risk per trade to the capital you actually need.
prop firms
A high Sharpe ratio and a smooth equity curve aren't enough to pass an FTMO challenge. Here's how to map your backtest statistics to prop-firm rules before you risk the fee.