My Futures Risk Management Rules (EASY Guide to PASS Funding Firms)

[@Aaron.trades]

💰 Become A Funded Trader - 70% OFF tracking.topsteptrader.com/SHUM 🔥 Watch Me Trade LIVE Everyday - www.fwatrading.com 📸 Follow me on Instagram - instagram.com/aaron.trades

[@ogmajesty4870]

my risk management to pass all my funded was pre simple, my max daily loss was anywhere between 250 to 350, keep in mind i only be taking hp setups and really only taking 3-4 trades max a week, aiming for a 1:2RR. I usually risk 2-3 contracts for gold and 1-2 on nq. passed 3 50k funded in a week or two using these rules and taking good Setups. discipline and consistency will help with risk!

[@samuelthruston6205]

Whats that strategy like?

[@rutotradez]

I take 2 contracts risking $400 to make $1600 a 1:4 and I should pass in 4 trades

[@Calx91]

3 percent max DD is crazy..you need serious risk management to make it with this firm

[@myfr33nu]

That’s not that bad tbh

[@rrsch]

@@myfr33nu Compared to the standard 10 or 12% with CFD firms it's a significant recalibration. And comparing it to real life... anyone trading a personal account is going to be experiencing drawdowns of more than 3% if they're risking the standard 1-2% of account balance per trade.

[@rrsch]

@Calx91 All futures firms are in this range. The firms "only" have 6% targets, but with how much you have to lower your risk per trade that target becomes something else. For US traders in particular it's just an adjustment a lot of us will have to get used to if we want the stability of futures-based props.

[@myfr33nu]

@@rrsch again. it ain't that bad. Just risk 0.25 per trade and aim for anything more than 1R, with a good strategy and you are good to go. It may take some time, but it honestly shouldn't even take more than a year

[@rrsch]

@@myfr33nu I trade 2R setups, so for me, coming from CFD land where the norm is to risk 1% per trade with a target of 13% or 15%, risking 0.25% and shooting for 6% basically doubles that profit target. Then once you're funded you have to start over again with the trailing DD until you work your way up to an amount where they'll pay you without closing the account, so you effectively have a 2nd verification phase that has similar stringent DD parameters as the initial trial phase. Sometimes more stringent, like with Top Step's scaling rules. It's for sure doable in a year but I'm paying futures firms every month plus more upon passing, whereas with CFD firms you have a lower equivalent profit target + get all your money back when you pass. People can choose which they prefer, I'm not knocking futures or futures firms, but objectively, CFD firms are a better deal money and terms-wise. Now as a US trader looking for stability, that might push me or others over the edge to futures props. Not quite yet for me though I don't think.

[@xRageAgainstMachines]

Thank you. BEen looking for more risk management content for futures

[@Aaron.trades]

Glad it helps bro!

[@rrsch]

Ditto. Coming from the CFD prop world I'm having to significantly reconfigure my approach to risk. Seeing how others are managing it is really helpful.

[@mshealthfreaktrades]

what a great explanation on risk management, Thank you

[@Aaron.trades]

Glad you enjoyed it!

[@sbbhmusic]

but we get 10% dd in fx WITH TARGET OF 13% while its only 3% HERE WITH TAEGET IF 6% . so in terms of dd to profit target fx prop firms are better which has static drawdown while topstep has trailing dd

[@wealthbuildingrockstar]

Right forex rules are better but then they scam or shut down 😂

[@lancemoney1903]

best assets to trade in futures for those of us coming from forex

[@Aaron.trades]

Gold (GC) is my baby, others like NQ & ES

[@Seli6358]

@@Aaron.tradescan you trade currency like GU

[@mikolots]

Excellent explanation, very helpful.

[@Aaron.trades]

Thank you bro, glad it helped

[@bobdecker166]

Great information here, I just recently signed up for a 50k and 100k account with them, this is very helpful. Thanks for sharing.

[@Aaron.trades]

Best of luck bro!

[@KiannaSuber]

this was a great video. splendid job. thank you!!

[@Aaron.trades]

Glad you enjoyed it!

[@Generictingz95]

Topstep, Im coming for you!! Finally feels like everything is starting to click in my trading strategy 😍 To all you lovely people in this comment section, comment on this 6 months to see how it’s going 😈 Today is (02/29/2024)

[@Aaron.trades]

Hell yea bro!! Lets get it

[@AtifHussainOG]

Good luck bro

[@Generictingz95]

@@AtifHussainOG Thank you!! 🙏 I got the topstep account up to 2.5% risking 0.5% then blew it letting a loser run 😭 I didn’t want to give up the gains and I really thought price would go back my way 🤦🏽‍♂️💀 Lesson learned! Now I’m doing a apex trader funding challenge. That trailing drawdown is really making me tighten up!! #roadtoglory

[@Capy350]

How is it papi

[@Waywaters22]

2-5? Mini or micro

[@SupraTrend]

Video was best explained wow!!

[@Aaron.trades]

Glad it helped bro!

[@SupraTrend]

@@Aaron.trades wat time frame you enter on

[@brettryan3512]

Awesome video brother

[@Aaron.trades]

Thank you bro! Glad it helped 🔥

[@GmacFx]

Thanks brother

[@Seli6358]

Bro I’m coming from forex and kept thinking it’s difficult , but that exact math you did with dividing your trades Into 6 trades is the same logic I did , I never lose 4 trades in a row , it happens , but my belief is it’s rare to happen back to back . Maybe 🤔 futures might be for me . Can I trade currency GU ?

[@joser5352]

his srage is god

[@frankdearr2772]

great topic, thanks 👍

[@Aaron.trades]

Glad you liked it!

[@adild99]

Hi Aaron, is it true that on Topstep one has to pay $150 every month for data fees after you pass the evaluation challenge?

[@Aaron.trades]

No not at all man! You pay an activation fee and that’s one off

[@adild99]

@@Aaron.trades Thanks for the clarification.

[@tnyamsuren]

Trading Period?

[@kylanmuigai-ng2rv]

what if you get a good day and reach your profit target with one trade what happens then

[@Aaron.trades]

You then have to make more than that the next day, I have done it a few times it's a little frustrating so now I set a HARD TP at my max profit goal just encase

[@drken9093]

If your trade is in profit and reaches 50% of your profit target just close the trade . There is a consistency rule

[@Hrvidancer]

Yo what's the max loss on topstep for 50k?

[@Aaron.trades]

Everything like that you're just quicker going onto their website.

[@BenOscar-]

👍

[@Tiago_Pereira24]

100k account, risking like you have a 30k account 🥴🥴 the rules are not good for this prop, will take you forever to get the 6% target

[@Aaron.trades]

Takes maybe 1-2 months MAX, hardly a long time

[@Tiago_Pereira24]

@@Aaron.trades 2 months for 6% it’s a lot of time brother… the rules are bad, to have a prop risk on that account , you are risking like you have 30k account…. Makes no sense sorry (not talking about you, talking about the challenge on topstep)

[@Aaron.trades]

@@Tiago_Pereira24 bro 2 months is a random estimate, I know people who have passed in 2 weeks. You’re doing your figures wrong, but all good 👍🏻

[@inducement]

Tiago, bro i passed mine in a week you’re over reacting a bit

[@Tiago_Pereira24]

@@inducement Im not overreacting lol, I have 3 prop accounts also all 3 passed (not with topstep) I’m just saying you have a 100k account but to have a good risk in this account with topstep you risking like you have 30k account (if you have good risk management) it’s not good in my opinion of course, works for you? Cool… good luck

[@adild99]

Hi Aaron, is it true that on TopStep you have to pay $150 per month as data fees after you pass the evaluation challenge?

[@chriskennedy5341]

Only if you get pulled up to “Live” beyond the XFA. Because you are then using their real capital and considered a professional trader to the CME

[@adild99]

@@chriskennedy5341 Thanks for the clarification.

[@lnternetExpIorer]

It’s $150 after you pass the evaluation to set up your Funded account. $150 per account. One time fee, not per month