£0- £50k update!

Not done a post in 2 week as I’ve been really focusing on my trading and studying the charts, the best mentor you can have is the chart itself.

I’ve been sitting in front of the charts for 8-10 hours over the past 2 weeks and studying and watching and I’ve upped my win rate to pretty much 90%

So as for the challenge we passed the funded and are now working towards max payout 🏆

So currently sat at 1.3k profit due to how Topstep works we need to get to over 4k profit before I take a payout so after the payout I keep a 2k max loss buffer as you withdraw 50% at a time up to 4k payout (balance would be 8k) then you would have a 4k buffer at that point, as the max loss gets locked at $0 one you are at 2k profit

£0-£50k challenge update.

Currently sitting at $52,555 on the topstep 50k challenge so just under $500 to go to pass and start working towards that first payout!

Will have to wait for market open Monday to hopefully get it passed!

I took the double payout cap on this account where you get a daily drawdown limit of 1k but you get double payout which boosts it to $4k

After first payout the plan is to rinse and repeat as topstep have a copytrader so you can hook up multiple accounts

Then the aim is to get 10k into a live account then we are only a 5x away from our challenge target.

Oh, and I got my first hole in one on a proper course so there’s a little photo of that!

NFP TRADE

XAUUSD BUY LIMIT @ 4257

SL: 4242

TP1: 4327

TP2: 4387

Use risk management as it’s on the condition we get a massive sweep during NFP

£0-50k in 5 months

I’m giving myself the challenge of making 50k from absolutely scratch

Im going to use the skills I have learned over the past 10 years of trading and I’m bringing you along too

I’ll be fully committed during this time so I’ll be eating only healthy, no processed foods, pretty much animal products from butchers and some fruits to keep my mind focused and brain fog free

So I’ve essentially started this with 100$ a that’s the price of a Topstep funded futures account is and I’m currently 1/3 the way to passing

I’ll be pretty aggressive to pass it within the next couple of days then I can work towards first payout of around 2-3k

Make sure your within my whop to also profit along the way!

www.whop.com/palmfx

Your Risk Management Framework is Here

We get it — when you're trading live money, one bad trade can wipe you out if you're not disciplined. That's why we've documented our fixed lot sizing plan so everyone can trade with the same protective structure.

What You'll Learn

✓ Account-based lot sizing — scale your positions based on your equity (0.01 lot increments)

✓ The 25% threshold rule — know exactly when to step up to the next tier

✓ Risk per trade — stay locked at 2% risk regardless of account size

✓ Capital bands — find your tier from £0 to £10,000+

Why This Matters

Most traders blow up because they don't scale risk with their account size. They start with £500 at 0.10 lot, scale to £1,000, and suddenly they're at 0.20 lot taking 10% losses. That's a death spiral.

Our plan keeps you proportional. Double your account? Your position size scales up. Lose 25%? Your lot size scales down. This is the framework that separates survival traders from account-blowers.

See the Full Plan

👉 Check out the full lot sizing table and rules in our Risk Management course — it breaks down every capital band and tells you exactly when to upgrade.

If you're running our Copytrader, this is already built into your account. Manual traders can follow this structure step-by-step.

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Your edge isn't in finding winners — it's in managing losses before they happen. This plan does exactly that.

Trade with discipline. Build wealth with consistency.

— PALM FX Team

I’m so dialed in right now

Killing the game 💰🔥

Who else is profitable this week?