At the prop firm in which I trade, we have a daily maximum allowable loss that changes depending on your performance. For me, that's -$450 right now. You're allowed to go 1.5x your shutdown limit. I trade the ES (2 contracts at a time, sometimes 4). The first major milestone I have is a $10,000 month. At this point, I stop when I reach a daily goal of $500. This makes no sense as this means I need a perfect month just to reach the goal. So I'm thinking of doing the following: - Daily goal: 2x shutdown limit - Strictly obey the maximum allowable loss. If it's -$450, then I don't go past -$500. - When I reach 1x shutdown limit, I use a trailing stop loss of 0.5x shutdown limit. - Limit myself to 2 contracts for now, and only double up to 4 once my shutdown limit also doubles. So if my shutdown is set at -$450, I'll try to reach $900. If I get above $450, continue trading until I either reach 900 or have a loss of $225 from the top. This way, if a third of my days are shutdowns, then I stand to have a much better chance of reaching my milestone. What do you think?