How Bitcoin Traders Could Improve Their Odds of Passing Crypto Prop Firm Evaluations

Key Points

1. Crypto prop firm evaluations test traders on profit targets, drawdown limits, and risk management within specific timeframes (30-60 days).

2. Effective risk management, such as limiting risk to 1% per trade and adjusting positions, is crucial for passing evaluations.

3. Trading major pairs like BTC/USDT and ETH/USDT is recommended due to their liquidity and clearer price action.

4. Common reasons for failure include poor asset selection, lack of discipline, and violating evaluation rules like daily loss limits.

5. Psychological factors, such as maintaining consistency and avoiding emotional trading, play a significant role in evaluation success.