Quote from: CageMabok on January 22, 2025, 10:13:03 AM

Quote from: DigitalDollars on January 19, 2025, 12:37:51 PM

Hello I want to ask is it advisable for a newbie on trading go for a propfirm challenge? please I need an opinion from you thanks.

Every beginner is not recommended to immediately follow the challenge in any trade because those who are still beginners are only more recommended to follow some education in order to be able to deepen their knowledge about trading before they start trying it with the amount of capital they have. But if there is a beginner who wants to immediately follow the trial or challenge in trading, it is also okay as long as he does not experience frustration or regret when his capital becomes minus or runs out because of facing a sudden price drop. So make a wise decision before you face something bad that you might not want in such a case.

I agree still we also need to check few things which are taking good development and bringing better features for the newbies those love to accept challenges and also want to learn through these challenges trial account are always useful for having better results.

Newbies can understand many things with them even though these are no as we can face situations on real accounts but still good helpful things specially while newbies looking for understanding of risk management which is the most important thing for newbies those are entering into trading. Emotions are always important because if they are under control then things can take good changes while peoples are on loses because there are opportunities to change your loses into profit even these are usually taking too much time but still helpful for understanding trading strategy.