The best funded trader program, offered by Get Funded Now (GFN), is specifically designed to help traders get the essential capital to start trading without risking their money. With no risks attached, these programs give traders the opportunity to trade, make profit, and get up to 90% profit share without any emotions attached.
The best funded trader program offered by GFN is certainly designed for all traders. However, for you to be eligible to get a fully funded trading account, you need to pay a one-time virtual audition fee and pass the challenges given. Since there’s a challenge associated with getting funded, you certainly need to be fully prepared before getting started with a funded trader program.
That said, here’s a burning question, when is the right time to know you’re ready to get funded as a trader?
- You’re very confident about your trading abilities
One of the many warning signs to know it’s time to get funded now as a trader is when you’re very confident about your abilities. As earlier mentioned, GFN will need you to pass a one-time audition before it proceeds to fund your account and give you access to the best options trading platform. To be eligible for this audition, you need to pay a one-time fee, which can vary depending on the amount of capital you need for maximum profitability.
You certainly don’t want to lose your one-time investment fee. This explains why you need to be sure you are ready to get funded. To pass the audition, you need to have measured your trading skills and be confident you have all it takes to generate a return of 10% with a maximum drawdown of 10%.
- Consistent profitability
Have you, over the years, demonstrated consistent profitability when trading on options for a significant period? If yes, this is also a warning sign you may be ready to get funded now as a trader. Achieving consistent profitability over an extended period means you have the necessary skills and trading strategies that could help you succeed as a GFN trader. With these skills and trading strategies, you should be confident enough to achieve a 10% return on your investment without incurring a daily drawdown of 5%.
- Strong ability to manage risks
Do you have a strong understanding of how to implement risk management strategies during trading sessions? If yes, this is also a warning sign that you’re ready to get started with the best funded trader program. In case you’re still working on these management strategies, below are a few things you should focus on:
- Ability to set appropriate stop-loss orders.
- Effective strategies to monitor and manage position sizing.
- Knowing the effective approaches for controlling and limiting drawdowns as much as possible.
With these aforementioned strategies, you sure understand what trading risk management entails and are ready to get started with a suitable funded trader program at GFN.
- Proven track record
Do you have a proven track record to show your high trading performance and consistency in your winnings? If yes, then this could also be a warning sign you’re ready to get funded now as a trader.
- Professionalism
One thing is to have the right trading skills and strategies. Another thing is to be highly professional with your trading. Both factors work together and if you currently possess them, them you certainly are ready to get started with the best funded trader program at GFN.
Presenting yourself as a professional trader means you can keep your emotions out of the way while trading. In addition, it also means you’re highly disciplined and dedicated to achieving high returns on investment.
If you possess the aforementioned qualities, then we can safely say that you’re ready to get started with a funded trader program. One way to confirm your readiness is by taking and passing Get Funded Now one-time virtual audition today.
