Tips and Tricks for the Evaluation Phase at My Funded Futures
Introduction
The evaluation phase at My Funded Futures is crucial to qualify for a funded account. In this phase, you must achieve specific trading goals and adhere to strict rules. Here are some tips and tricks to help you successfully complete this phase.
1. Understand the Rules
Before you start trading, make sure you fully understand all the rules and requirements of the evaluation phase. This includes profit targets, maximum drawdowns, trading hours, and permissible trading instruments.
2. Develop a Trading Strategy
A clear and well-thought-out trading strategy is essential. This should match your trading style and risk tolerance. Whether you choose a trend-following strategy, breakout strategy, or another method, consistency and discipline in application are key.
3. Practice on a Demo Account
Before entering the evaluation phase, practice your strategy on a demo account. This helps you become familiar with the trading platform and test your strategy under real market conditions.
4. Risk Management
One of the most important elements of trading is risk management. Always set stop-loss orders to limit potential losses and never trade without a clear risk management plan.
5. Stay Disciplined
Discipline is the key to success in the evaluation phase. Stick strictly to your trading strategy and avoid impulsive trading. Avoid trying to recover losses by taking riskier trades.
Take Advantage of Discounts
Use the coupon code CLEVER to get an additional 5% discount on any ongoing promotional offers. This can help you reduce your costs and get more out of your trading career.
Conclusion
The evaluation phase at My Funded Futures can be challenging, but with the right strategies and discipline, you can successfully complete it. Use the affiliate link and the discount code CLEVER to start your trading journey and benefit from additional discounts.
