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.
Make yourself that having that knowledge first on the basics on which we know that it is really that totally different when dealing up with with a personal account and a prop firm account.
Based up on experience then you do need to pass up the challenge.
Phase 1- 10% gain
Phase 2- 5% gain
Max loss per day - 5%
Max lose in account -10%
It do have different challenge plans or payments on which it will really be basing up into your preference.
If you do find yourself having that skills or you are already that having the confidence about your knowledge and skills then you can try out on passing up the challenge.
There are tons who do want to deal up with this kind of trading then it will really be that up to you. It is really just that you do really make out such challenge then
it will really be that up to you. If you do have some bucks to spare on paying up for the challenge then it will be that up to you.