Thoughts on Swing-Trader Friendly Prop Firm Challenges & Evaluation

[Orthotonic]

I am a swing trader who prefers to keep things simple and have been hearing a lot about prop firm challenges. I wanted to ask if it’s something that can work well for swing traders and how fair the challenge setups and evaluation rules are for us.

I have shortlisted some prop firms that offer accounts specifically designed for swing traders. FTMO, Funded Next, and Hola Prime seem to be swing-trader friendly. I’d love to get some feedback from swing traders with experience in prop firm trading.

Will the challenge and evaluation be flexible enough, or is it too restrictive when you’re not the type to rush and hit profit targets quickly?

 

[Amphibology]

The evaluation is flexible enough if you create your own structure. Most people fail these because they chase the target, then change rules after every loss. For swing trading, I’d focus on consistency first, then let the target happen as a byproduct. If a firm’s daily loss limit is tight, I’d reduce risk per trade and accept a longer path.

Are you aiming for slow steady growth or trying to finish in a specific timeframe?

 

[Cheeky]

Swing traders can pass prop firm challenges as long as they’re consistent and have a profitable system in place. Drawdown limits can be trickier, since losses tend to be larger than what scalpers or day traders face with smaller position sizes. Because of that, it’s important to limit risk per trade and adjust position size accordingly, so you don’t end up breaking the drawdown rules.

 

[Idealism]

I think the main issue for swing trading in prop firm challenges is overnight positions and weekend holding. Some challenge rules make it hard for swing traders to hold trades for longer periods. That’s why it’s important to read all the rules and limits carefully and pick an account type that actually matches your strategy, ideally by comparing it with your past trading performance. Also, make sure the drawdown is end-of-day rather than trailing or intraday.

 

[danielhoward]

If you ask me, swing traders often have an edge in these challenges because they’re less prone to overtrading and breaking rules. As long as you’re consistent and have a solid plan, passing the challenge is very doable. There are plenty of swing traders who’ve cleared prop firm challenges and gone on to get funded.

 

[Orthotonic]

The evaluation is flexible enough if you create your own structure. Most people fail these because they chase the target, then change rules after every loss. For swing trading, I’d focus on consistency first, then let the target happen as a byproduct. If a firm’s daily loss limit is tight, I’d reduce risk per trade and accept a longer path.

Are you aiming for slow steady growth or trying to finish in a specific timeframe?

That makes sense. I’m definitely leaning toward slow and steady rather than rushing a deadline. For me it’s more about staying consistent and letting the target come naturally instead of forcing trades to finish fast.

 

[Orthotonic]

Swing traders can pass prop firm challenges as long as they’re consistent and have a profitable system in place. Drawdown limits can be trickier, since losses tend to be larger than what scalpers or day traders face with smaller position sizes. Because of that, it’s important to limit risk per trade and adjust position size accordingly, so you don’t end up breaking the drawdown rules.

Good point about drawdown. That’s exactly what I’m paying attention to, especially with wider stops on swing trades.Position sizing will probably be the main adjustment rather than changing the whole strategy.

 

[Orthotonic]

I think the main issue for swing trading in prop firm challenges is overnight positions and weekend holding. Some challenge rules make it hard for swing traders to hold trades for longer periods. That’s why it’s important to read all the rules and limits carefully and pick an account type that actually matches your strategy, ideally by comparing it with your past trading performance. Also, make sure the drawdown is end-of-day rather than trailing or intraday.

Agreed, overnight and weekend rules can make or break it for swing traders.I’m reading through the fine print carefully and comparing it to my past trades before choosing anything.

 

[Orthotonic]

If you ask me, swing traders often have an edge in these challenges because they’re less prone to overtrading and breaking rules. As long as you’re consistent and have a solid plan, passing the challenge is very doable. There are plenty of swing traders who’ve cleared prop firm challenges and gone on to get funded.

I like that perspective. Swing trading naturally reduces overtrading, which should help with staying within limits. If the plan is solid and risk is controlled, it feels doable without rushing.