I would say this: many traders prefer to sit out big and long losses, but close minimal profits in their trading. I think it is a matter of psychology and self-control or lack thereof. So some can stick to all the rules and conditions of their strategy, and some cannot. That is why everyone will have different results.
Trading is fear and greed and Emotion is the underline giant. The prop firms are people who have traded, lost plenty of money and then want you to pay for their loses.
Previously, I often observed how newbies tried to accelerate their deposits by trading using the martingale method. When the market was flat or ranged, it was possible to earn money using this method, but when the price started to go in one direction, the deposit was quickly lost due to a complete lack of risk control and trading against the movement of an ever-increasing grid of orders.
The real test of risk management is how you handle a losing streak. Do you adjust, double down, or just walk away for a bit?
Yeah, that’s a common trap—holding onto losing trades for too long while closing profitable ones too early. It all comes down to discipline and having a clear risk management plan. When I first started trading with a structured funding model, like the one I use with axi select now, I struggled to stick to strict risk parameters. At first, I either hesitated before entering a trade or closed it too quickly out of fear of hitting my allowed limit. The biggest challenge was shifting my mindset—realizing that risk management isn’t about avoiding losses but about controlling them. Over time, I learned to trust my strategy and let probabilities play out instead of trying to micromanage every move. In the end, traders who stick to their plan rather than reacting emotionally tend to achieve the best results.