How to Avoid Mistakes During the Ment Funding Evaluation
Ment Funding has gained traction as a top prop firm for traders looking to access capital without risking their own funds. But the evaluation process is where many traders stumbleoften not because of skill, but avoidable mistakes. Passing the Ment Funding evaluation requires more than just a good strategy: it takes discipline, attention to detail, and understanding the firms unique rules. Heres a comprehensive guide to common mistakes and how to avoid them to maximize your chances of getting funded.
Study All Evaluation Rules Before You Trade
Ment Funding provides detailed rules for every evaluation phase. Common requirements include:
- Reaching a profit target within a set timeframe
- Staying within both daily and overall drawdown limits
- Trading a minimum number of days (not just big home run days)
- Strict compliance with position size and instrument restrictions
Many evaluation failures come from traders missing a single detail. Before you start, print out the rules from the Ment Funding website and keep them at your desk.
Risk Management: The #1 Evaluation Killer
Most evaluation failures happen due to poor risk control, not poor trade ideas. Never risk more than 1% per trade, and set daily loss limits below the maximum. If youre down for the day, step awaydont try to win it back.
Overtrading and Revenge Trading
- Stick to your daily plandont chase missed trades or increase size to recover losses.
- Take regular breaks to maintain discipline.
- Journal every trade, especially after a loss or a streak of bad decisions.
Ignoring Minimum Trading Days
Ment Funding requires a minimum number of active trading days. Passing your profit target too early, then skipping days, will disqualify your account. Even after reaching your goal, trade the minimum size required until the evaluation ends.
Breaking Instrument or Session Rules
Always trade only permitted markets and sessions. Trading outside allowed hours or using a forbidden instrument can instantly breach your account, regardless of profit.
Tips to Stay Compliant
- Set reminders for key rules and deadlines
- Use the dashboards real-time drawdown and performance tracking
- Contact support with any questionsdont assume, always confirm
Final Word
Passing the Ment Funding evaluation is about more than trading skillits about mastering process, risk, and rules. Avoid the mistakes above, stay disciplined, and use the firms support resources for the best shot at getting funded. For full rules and updates, visit the official Ment Funding page.