Education
A practical playbook built around MyFundedStep' trading conditions — daily and overall drawdown, consistency rules, minimum trade time and prohibited strategies. Follow these principles to maximize your odds of getting funded.
Cap your daily risk well below the limit. A safe rule of thumb is to risk no more than 1–2% of the account per day, so a string of losses still leaves you far from breaching the daily loss rule.
Treat the max overall loss as the line you never cross. Once you are up 3–4%, move stop losses to breakeven to lock in the buffer between your equity and the static max loss.
Don't try to hit the profit target in one or two trades. Splitting it across 8–12 quality setups keeps risk low and helps you respect the consistency rule (35% on 2-Step, 30% on 1-Step).
MyFundedStep requires a minimum of 0.5% profit across 3 separate trading days. Plan your week so you spread positive sessions, even if it means trading smaller after a winning day.
Scalping is allowed but every trade must last more than 2 minutes. Use limit orders and let the setup play out — getting 3 warnings results in a hard breach.
Never stack 4+ positions on the same pair within 5 pips, never scale lot size 1.5x after a loss, and never risk the whole buffer on a single idea. These behaviors trigger an instant breach.
Don't open or close trades within 5 minutes of major news events. Check an economic calendar daily and flatten exposure before NFP, CPI, FOMC and central bank rate decisions.
Record setup, risk, R-multiple and emotions after each session. Reviewing the journal weekly is the fastest way to spot the mistakes that block traders from passing the evaluation.
When you reach 70–80% of the target, cut size in half. The last leg of the challenge is where most traders give back gains — there is no time limit, so protect the progress you made.