Prop Firm Challenge Pace Planner

Six-step workflow

1. Copy current values from the official account, platform, or journal.
2. Keep every unit consistent; do not mix ticks, points, pips, dollars, or percentages.
3. Enter the planning assumptions without changing them to force a preferred answer.
4. Calculate and read every output, including the warning below the headline number.
5. Verify instrument specifications and binding firm rules at the official source.
6. Save the result with its date and compare it with what actually happened.

Understand the output

Formula: Expected daily value = valid trades per day × risk per trade × historical expectancy in R.

Worked example: A $3,000 target over 30 days implies $100 per day, but a 0.15R edge, two valid trades, and $100 risk imply only $30 expected value per day.

Common mistakes: turning a target into a quota, using optimistic expectancy, assuming equal daily opportunities, and increasing risk to meet a deadline.