How to Succeed in HIVE PT’s Funding Challenge — The Complete Guide for Traders

How to Succeed in HIVE PT’s Funding Challenge — The Complete Guide for Traders

How to Succeed in HIVE PT’s Funding Challenge — The Complete Guide for Traders

How to Succeed in HIVE PT’s Funding Challenge — The Complete Guide for Traders

Article

Article

Article

Article

×

×

×

Nov 10, 2024

Nov 10, 2024

Nov 10, 2024

Nov 10, 2024

In modern trading, prop trading firms offer traders a unique opportunity to significantly increase their trading capacity using company capital. However, before gaining access to this capital, traders must pass a funding challenge to prove their trading abilities and discipline. In this article, we’ll reveal the path to success in HIVE PT’s funding challenge.

## Why is the Funding Challenge Critical?

The funding challenge isn’t just a test — it’s an opportunity to prove to yourself and the company that you can:
- Manage capital professionally and responsibly
- Maintain trading discipline in varying market conditions
- Demonstrate consistent performance over time
- Handle losses while staying focused on goals

## Preparation is Key to Success

### 1. Research and Deep Understanding
Before starting the challenge, it’s essential to:
- Know all challenge rules in detail
- Understand risk and drawdown limitations
- Know required profit targets
- Be familiar with allowed financial instruments

### 2. Developing a Winning Strategy
Building a comprehensive trading plan including:
- Clear entry and exit strategy
- Defined risk management rules
- Setting realistic daily and weekly goals
- Advance planning for different scenarios

## During the Challenge — Key Principles for Success

### 1. Strict Risk Management
- Maintaining controlled position sizes (maximum 1–2% of account)
- Strict adherence to stop losses
- Daily performance tracking
- Precise documentation of all actions

### 2. Discipline and Consistency
- Focus on trade quality, not quantity
- Avoiding opportunity “hunting”
- Maintaining composure under pressure
- Strict adherence to original plan

### 3. Smart Resource Utilization
HIVE PT provides various tools to support your success:
- Advanced technical analysis tools
- Weekly market reviews
- Educational materials
- Available professional support

## Advanced Tips for Success

### Psychological Management
- Developing strong mental approach
- Proper handling of losses
- Maintaining emotional balance
- Taking breaks when needed

### Continuous Learning and Development
- Daily trading analysis
- Identifying successful patterns
- Strategy adjustment as needed
- Continuous performance improvement

## Traps to Avoid

1. **Overtrading**
 — Don’t trade just to trade
 — Wait for quality opportunities
 — Avoid trading out of boredom

2. **Unnecessary Risk-Taking**
 — Don’t rush to achieve the target
 — Avoid increasing positions after losses
 — Don’t exceed your defined risk limits

## Summary

Success in HIVE PT’s funding challenge requires a combination of:
- Precise advance planning
- High self-discipline
- Strict risk management
- Strong mental approach
- Continuous learning

Remember: The challenge isn’t just a test, but an opportunity to prove to yourself and the market that you’re ready for professional trading at the highest level.

### Start Your Journey
Contact HIVE PT today and begin your path to becoming a funded professional trader. Our team is here to support you every step of the way to success.

Connect with HIVE PT

*This article was written by HIVE PT’s expert team, a leading prop trading firm specializing in developing and training professional traders.*



See Also

See Also

See Also

See Also

SINCRONIELEVADA – UNIPESSOAL LDA - R Jose Avilez BL E 1 2 A, Cascais 2750-398, Portugal


Hive PT is the premier proprietary trading company dedicated to providing you with hands-on experience in the trading world. Striving to aid highly skilled and seasoned traders in maximising their talent to their full potential and securing a funded account, we leave no stone unturned in terms of educating and empowering you and assisting you in becoming the trader you aspire to become.

Please note that all accounts that we provide to our clients are demo accounts in a simulated trading environment.

Restricted countries:

Vanuatu, Eritrea, Turkmenistan, Gambia, Belize, Comoros, Saint Lucia, Kiribati, Burundi, Bhutan, Guinea-Bissau, Malawi, Tonga, Tuvalu, Sao Tome and Principe, Saint Vincent and the Grenadines, Bouvet Island, Grenada, Cape Verde, Chad, Gabon, Fiji, Niue, Nauru, Lesotho, Solomon Islands, Antigua and Barbuda, Dominica, Djibouti, Suriname, Sierra Leone, Afghanistan, Seychelles, Liberia, Mali, Mauritania, Niger, Guinea, Kosovo, Tajikistan, Kyrgyzstan, Uzbekistan, Kazakhstan, Cuba, Holy See (Vatican City State), San Marino, Western Sahara, Central African Republic, Equatorial Guinea, Republic of the Congo, Timor-Leste, Micronesia, Marshall Islands, Cook Islands, Tokelau, Papua New Guinea, Samoa, Somalia, South Sudan, Sudan, Swaziland, Venezuela, Ukraine (restrictions are limited to the following regions: Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia), the Russian Federation, the Republic of Belarus, Iraq, the Republic of Indonesia, India, Saint Barthélemy, Saint Kitts and Nevis, Antarctica, United States, Afghanistan, Burundi, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Laos, Liberia, Libya, Myanmar, North Korea, Palestinian Territory, Papua New Guinea, South Sudan, Sudan, Somalia, Syria, Vanuatu, Venezuela, Yemen, Turkey

SINCRONIELEVADA – UNIPESSOAL LDA - R Jose Avilez BL E 1 2 A, Cascais 2750-398, Portugal


Hive PT is the premier proprietary trading company dedicated to providing you with hands-on experience in the trading world. Striving to aid highly skilled and seasoned traders in maximising their talent to their full potential and securing a funded account, we leave no stone unturned in terms of educating and empowering you and assisting you in becoming the trader you aspire to become.

Please note that all accounts that we provide to our clients are demo accounts in a simulated trading environment.

Restricted countries:

Vanuatu, Eritrea, Turkmenistan, Gambia, Belize, Comoros, Saint Lucia, Kiribati, Burundi, Bhutan, Guinea-Bissau, Malawi, Tonga, Tuvalu, Sao Tome and Principe, Saint Vincent and the Grenadines, Bouvet Island, Grenada, Cape Verde, Chad, Gabon, Fiji, Niue, Nauru, Lesotho, Solomon Islands, Antigua and Barbuda, Dominica, Djibouti, Suriname, Sierra Leone, Afghanistan, Seychelles, Liberia, Mali, Mauritania, Niger, Guinea, Kosovo, Tajikistan, Kyrgyzstan, Uzbekistan, Kazakhstan, Cuba, Holy See (Vatican City State), San Marino, Western Sahara, Central African Republic, Equatorial Guinea, Republic of the Congo, Timor-Leste, Micronesia, Marshall Islands, Cook Islands, Tokelau, Papua New Guinea, Samoa, Somalia, South Sudan, Sudan, Swaziland, Venezuela, Ukraine (restrictions are limited to the following regions: Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia), the Russian Federation, the Republic of Belarus, Iraq, the Republic of Indonesia, India, Saint Barthélemy, Saint Kitts and Nevis, Antarctica, United States, Afghanistan, Burundi, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Laos, Liberia, Libya, Myanmar, North Korea, Palestinian Territory, Papua New Guinea, South Sudan, Sudan, Somalia, Syria, Vanuatu, Venezuela, Yemen, Turkey

SINCRONIELEVADA – UNIPESSOAL LDA - R Jose Avilez BL E 1 2 A, Cascais 2750-398, Portugal


Hive PT is the premier proprietary trading company dedicated to providing you with hands-on experience in the trading world. Striving to aid highly skilled and seasoned traders in maximising their talent to their full potential and securing a funded account, we leave no stone unturned in terms of educating and empowering you and assisting you in becoming the trader you aspire to become.

Please note that all accounts that we provide to our clients are demo accounts in a simulated trading environment.

Restricted countries:

Vanuatu, Eritrea, Turkmenistan, Gambia, Belize, Comoros, Saint Lucia, Kiribati, Burundi, Bhutan, Guinea-Bissau, Malawi, Tonga, Tuvalu, Sao Tome and Principe, Saint Vincent and the Grenadines, Bouvet Island, Grenada, Cape Verde, Chad, Gabon, Fiji, Niue, Nauru, Lesotho, Solomon Islands, Antigua and Barbuda, Dominica, Djibouti, Suriname, Sierra Leone, Afghanistan, Seychelles, Liberia, Mali, Mauritania, Niger, Guinea, Kosovo, Tajikistan, Kyrgyzstan, Uzbekistan, Kazakhstan, Cuba, Holy See (Vatican City State), San Marino, Western Sahara, Central African Republic, Equatorial Guinea, Republic of the Congo, Timor-Leste, Micronesia, Marshall Islands, Cook Islands, Tokelau, Papua New Guinea, Samoa, Somalia, South Sudan, Sudan, Swaziland, Venezuela, Ukraine (restrictions are limited to the following regions: Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia), the Russian Federation, the Republic of Belarus, Iraq, the Republic of Indonesia, India, Saint Barthélemy, Saint Kitts and Nevis, Antarctica, United States, Afghanistan, Burundi, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Laos, Liberia, Libya, Myanmar, North Korea, Palestinian Territory, Papua New Guinea, South Sudan, Sudan, Somalia, Syria, Vanuatu, Venezuela, Yemen, Turkey

SINCRONIELEVADA – UNIPESSOAL LDA - R Jose Avilez BL E 1 2 A, Cascais 2750-398, Portugal


Hive PT is the premier proprietary trading company dedicated to providing you with hands-on experience in the trading world. Striving to aid highly skilled and seasoned traders in maximising their talent to their full potential and securing a funded account, we leave no stone unturned in terms of educating and empowering you and assisting you in becoming the trader you aspire to become.

Please note that all accounts that we provide to our clients are demo accounts in a simulated trading environment.

Restricted countries:

Vanuatu, Eritrea, Turkmenistan, Gambia, Belize, Comoros, Saint Lucia, Kiribati, Burundi, Bhutan, Guinea-Bissau, Malawi, Tonga, Tuvalu, Sao Tome and Principe, Saint Vincent and the Grenadines, Bouvet Island, Grenada, Cape Verde, Chad, Gabon, Fiji, Niue, Nauru, Lesotho, Solomon Islands, Antigua and Barbuda, Dominica, Djibouti, Suriname, Sierra Leone, Afghanistan, Seychelles, Liberia, Mali, Mauritania, Niger, Guinea, Kosovo, Tajikistan, Kyrgyzstan, Uzbekistan, Kazakhstan, Cuba, Holy See (Vatican City State), San Marino, Western Sahara, Central African Republic, Equatorial Guinea, Republic of the Congo, Timor-Leste, Micronesia, Marshall Islands, Cook Islands, Tokelau, Papua New Guinea, Samoa, Somalia, South Sudan, Sudan, Swaziland, Venezuela, Ukraine (restrictions are limited to the following regions: Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia), the Russian Federation, the Republic of Belarus, Iraq, the Republic of Indonesia, India, Saint Barthélemy, Saint Kitts and Nevis, Antarctica, United States, Afghanistan, Burundi, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iraq, Iran, Israel, Laos, Liberia, Libya, Myanmar, North Korea, Palestinian Territory, Papua New Guinea, South Sudan, Sudan, Somalia, Syria, Vanuatu, Venezuela, Yemen, Turkey

Trading Path

Academy

TV & News

Legal

Trading Path

Academy

TV & News

Legal