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A Plan to Pass a Two-Step Challenge
3:01 · 8 chapters · Forex lessons, part 86
What you'll learn
Passing a two-step challenge is about small, boring trades and rules you set before you start.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- How to test your rules on demo before you buy a challenge
- Key point 2
- Why half a percent risk and a personal daily stop protect the account
- Key point 3
- What to do when you are flat, down or close to the target
- Key point 4
- Why phase two and the funded account need the same discipline
- Key point 5
- A five-question weekly review that catches problems early
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.