Prop firm checklist
Prop firm trading rules checklist for traders who need clean guardrails
A concise checklist for funded-account discipline: daily loss, trade count, cooldowns, position size, and session cutoffs that are hard to reinterpret under pressure.
Who this guide is for
Funded and challenge traders who want a rule set they can actually follow intraday.
Core problem
A good prop-firm rule set has to be visible and simple enough to survive stress. If your rules need negotiation in the moment, they are not really rules.
Why traders fall into it
- Many prop traders rely on the firm's rules but never translate them into their own live checklist.
- Stress creates loopholes: one more trade, one slightly bigger size, one last afternoon attempt.
- A checklist that is too long becomes background noise instead of an active decision filter.
What it usually costs
- Without a personal checklist, firm-level limits are encountered too late to be useful.
- Bad sessions usually come from one or two neglected guardrails, not ten missing indicators.
- Loose execution inside a challenge often costs both the account and the reset fee.
Rules to set first
- Max daily loss in dollars
- Max trades per day
- Max position size
- Cooldown after loss
- No new trades after your chosen cutoff time
What to measure in your own data
- Which checklist item gets broken most often.
- How often losses accelerate after the first ignored rule.
- Whether one simple rule would have prevented most bad sessions.
How to enforce it with SEIGYO
Makes the checklist visible as live session guardrails instead of a note in another app.
Shows next-trade triggers so you can see which rule the next trade is about to test.
Supports a paper-first routine so the checklist becomes habit before capital pressure rises.
Related guides
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