If you need a wider stop to make a trade work, the trade is probably wrong.
Pick one standard stop that fits your market and stick to it, on NQ that can be 25 points. When a setup suddenly needs 40, you're not being careful, you're just early or late, and the bigger stop is how you pay for it.
The only good reason to change the number is when the market itself changes, like NQ's daily range getting a lot bigger.
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Most traders need the market to move to make money, but you can also get paid when it doesn't.
Use options to bet that price stays inside a wide range, like 100 points on the S&P. Markets are balanced most of the time, so waiting is literally the trade. When it does get directional, around 30 to 35% of the time, you trade futures around it.
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Winning a trading competition doesn't prove you're a good trader.
It's one day and one data point, and you need to get lucky on top of that. The real test is whether you can take the same trade a thousand times and still get paid.
At a prop firm, the worse strategy can be the better one.
0.12R a trade sounds bad, but at 6 trades a day it beats 0.2R at 3 trades a week by a mile. On a prop account frequency does the heavy lifting, as long as your risk is set up for it.
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