Goatfunded phase 1 challenge account

I have just resolved to trade just NASDAQ, because they don't actually charge commission on Nasdaq at all...

My account is now showing 2/3 trading days I want to pause for a while, look for a swing trade to pass it immediately

Thanks it made my account 2/3

Especially GFT they charge a lot at least few persons have confirmed it, their commission charges for currency pair is just much, I wanted to swing trade so I can see if their commission charges will increase base on the numbers of days you hold a trade or if it's actually fix

GFT summary for today:

I took EURaud trade on my propfirm account, I opened 0.16 lot size with 16$ SL and 50$ tp to make 1% today, but it didn't go as planned...

My observation: Goatfunded carries out manipulation, my entry was at a pullback level and there was a double bottom, my SL was a little bit below the double bottom price swept a little below the double bottom and reverse going back to my entry when I checked tradingview and exness such never occured in that level on 15min timeframe......

I close out with 16$ a commission of 8 cent was deducted my account presently is 5072$ ... It may not be fast but the growth is slow and steady making sure that I don't lose the account and I get to the funded stage...

The account has 3 hours to reset so the current balance is not showing

wow

But what does the consistency score mean?

This is a keen observation.
Just keep taking it slowly, there's no need to rush and no time limit in passing the account. Tomorrow is another day and we'll go again.

Consistency score often refers to an amount of percentage that profit from one position must not exceed when all your trading profits are summed up.

Case Scenario: If consistency score is 20%, and you took 5 trade positions in a week and all of them in profit, this means that profit from one trade position must not exceed 20% of the sum total of your profit from the 5 positions. It has a calculation format.

Consistency score is meant to track regularity in your profit making. that you're consistently generating between $100-$500 a day, or $1000-$5000 day instead of making $100 today, and $1000 tomorrow. That would flag of as inconsistency if that's calculated within a span of 10 trades for that gave you profit that week.

Consistency score is how consistent you are in profit making base on the trades you take

And if you are trading a propfirm without checking things like this you will be manipulated out of a trade that was supposed to be a winner

That's very true.

Trading indices on prop firms is just the best. And also avoid swinging them.

I made 25$ today my account is now 5122$ and capital preservation is my main goal

So far my Goatfunded propfirm account has been growing I have made up to 180$ trading the account, still taking it slow due to the drawdown rules so I don't breach the terms before the Funded phase

So after you pass this phase 1 you will still be required to pass phase 2?

Took Eurusd buys on my Goatfunded propfirm account today and made 8$ my account is progressing, I am trying to leverage very low, so I don't loss the account I will trade it slowly until I pass the account remaining 265$ to go

Good step-by-step approach.
Protecting your capital is your number priority as a trader and that is achieved through risk management and proper trade plans.

My Goatfunded propfirm account phase 1 challenge has been progressing lately, though not as fast as expected but almost at 50% of the target level my first objective has always been to protect the profit I have made so far and continue staying above the daily and max drawdown..the chart image shows the trades I have taken for the past months