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BestPropFirmsMY

Seven mistakes that end prop firm accounts

These seven errors explain most account closures. All are preventable.

1. Oversizing

Large trades to reach target fast: the top cause of failure. Keep risk small and constant.

2. Misreading drawdown

Treating trailing as static, or ignoring floating losses. See the drawdown guide.

3. Restricted news trades

Opening or closing inside a banned window can void profit or breach the account.

4. Copying or cross-hedging

Copying others or hedging across accounts/firms is prohibited almost universally.

5. Reset-time errors

Server-time resets can put losses either side of local midnight into one trading day.

6. Untested EAs

Commercial bots often violate hold-time or HFT rules. Get written approval first.

7. Revenge trading

After a loss, stop. Need does not improve the next trade.

FAQ

Refunds for accidental breaches?

Almost never; some firms offer discounted retries.

Warning before closure?

No; hard breaches typically close accounts automatically.