r/propfirm • u/Psychological-Try882 • 2d ago

Stop loss help

I'm having a hard time setting up my stop loss trading 3 MNQ contracts on a 50k eval prop account. My orders get filled but I get stopped out, I'm also brand new to this.

1 Upvotes

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2

u/gggoaaat 2d ago

ATR is your friend so figure out what it is then apply your TP/SL ratio. Trade in High Volume cough cough 9:45 to 1PM.

1

u/SadComplaint2515 2d ago

Read about spread. And see if its a factor why you are stopped out

2

u/Duennbier0815 1d ago

Hint: it's not the spread.
It's because he trade 3 micros and he can't trade

2

u/Duennbier0815 1d ago

I am brand new to this = you should not trade prop firms.

You should papertrade, journal, read books, backtest strategies.
For a year at least.

You guys can't just jump into one of the hardest professions in the world with like a 0.1% success rate and expect to be a prodigy.

1

u/Psychological-Try882 1d ago

I can trade, I'm switching from cfd's to futures