How to Use the Gold Guardian for Prop Firm Challenges

How to Use the Gold Guardian for Prop Firm Challenges

10 August 2024, 10:12
Diego Arribas Lopez
0
58

Are you tired of the anxiety that comes with trying to pass prop firm challenges? The fear of seeing your account balance vanish overnight is real—and it's the reason so many traders struggle to secure that elusive funded account. But what if I told you there's a way to approach these challenges with confidence? Let's jump right into it.

The Struggle is Real: Why Passing Prop Firm Challenges is Tough

Let’s be honest: prop firms make money off traders who can’t pass their validation tests. The limits are strict, leaving little room for error. It’s no wonder so many traders fail, feeling like the odds are stacked against them. But that doesn’t have to be your story.

You’re here because you’re serious about securing a funded account—and you want to do it as efficiently as possible. That’s exactly what the Gold Guardian is designed to help you achieve.

Introducing Gold Guardian: Your Data-Driven Solution

The Gold Guardian isn’t just another Expert Advisor (EA) based on untested opinions. I’ve developed a tool that analyzes various configurations and evaluates how often they pass prop firm validation phases. Using this data, I’ve optimized the Gold Guardian to give you the best chance at success.

So, what does this mean for you? It means that with Gold Guardian, you’re not just trading—you’re trading with a plan that’s backed by data and tailored for success.

Imagine this: While others are stressing over each trade, worrying about hitting their drawdown limits, you’ll have peace of mind knowing you’re using a proven system that does the hard work for you. This sense of security and control that Gold Guardian provides is what will take you to get your desired founded account.

Explore Gold Guardian

Gold Guardian MT5: https://www.mql5.com/en/market/product/120489
Gold Guardian MT4: https://www.mql5.com/en/market/product/120490

Step 1: Strategic Capital Management

Before diving into any challenge, the first step is managing your capital wisely. For instance, if you’re willing to invest $500-$600 in securing your funded account, don’t throw it all into one challenge. Spread it out over multiple attempts.

Let’s say a $10k challenge costs around $100. Instead of risking it all at once, split your investment into 5-6 attempts. Here’s the magic: Even if you misjudge the market timing initially, the chances of passing increase dramatically across multiple attempts. With this approach, you’re not just hoping to pass—you’re

strategically positioning yourself to win.

Think about it—every attempt you make is a precious opportunity to secure your future as a funded trader. Can you afford to miss out on a system designed to maximize these opportunities?

Step 2: Timing the Market with Precision

Passing a prop firm challenge isn’t about trading every day. It’s about waiting for those 2-4 critical market movements that can make or break your challenge. With the Gold Guardian, you can configure the EA for “Buy Only” or “Sell Only” when you activate the "Prop Firm Validation Mode".

When’s the best time to activate it? Ideally, during an uptrend for buys or a downtrend for sells. But if you’re unsure, wait for two bearish candles on the weekly timeframe and then activate the Gold Guardian for buys, or wait for a liquidity grab on the daily or weekly timeframe for a more precise entry.

The Gold Guardian isn’t just guessing—it’s leveraging tested strategies to make sure you’re timing the market like a pro. Trust the process that has been meticulously developed and optimized for your success.

Step 3: Supercharging Your Strategy with Dual Challenges

Want to accelerate your path to a funded account? Consider running two challenges simultaneously—one with a “Buy Only” configuration and the other with “Sell Only.” This doubles your chances of success, especially during trending markets. If there’s a strong directional move in either direction, you’ll be well on your way to a funded account.

By doubling down with a dual strategy, you’re showing a commitment to your trading goals. And with the Gold Guardian, you’re ensuring that your commitment is met with the consistency that only a data-driven system can provide.

Why Gold Guardian? The Edge You Need

Managing risk is hard. Handling the psychological pressure of prop firm challenges is even harder. The Gold Guardian takes both off your plate. Here’s how:

Emotion-Free Trading: Once you set up the EA on a VPS (https://www.forexvps.net/?aff=78368), you can let it run without second-guessing yourself. Just check in occasionally to see if you’ve passed the phases and are ready to move on.

Automated Risk Management: The Gold Guardian handles all risk management automatically, opening, closing, and managing trades with a 100% optimized approach.

User-Friendly Settings: With just a few input adjustments—like setting the initial account size and lot size—you’re ready to start trading.

Many traders struggle with risk management and the emotional rollercoaster of trading. The Gold Guardian simplifies everything, allowing you to join a growing community of traders who have already experienced the benefits of stress-free, automated trading.

Step 4: Securing and Maintaining Your Funded Account

Congratulations! You’ve secured your funded account. Now, the real challenge begins: not losing it. Remember, even with a $10k account, your maximum drawdown is usually around 10%. Losing 10% means losing the account.

Think of your $10k account as a $1k account with borrowed capital. Use a conservative strategy or a balanced setting with the Gold Guardian, adjusting the Initial Account Balance to $1k and reducing the lot size to 0.01. This way, even an aggressive strategy won’t risk the entire account too quickly.

The fear of losing a funded account is real, but with the Gold Guardian, you’re equipped to manage that risk effectively. Protect your hard-earned account with the same tool that helped you secure it in the first place.

Patience is key during the first month as you aim to secure your refund. The market will still be there, so there’s no need to rush. Reinvest your profits into new funding accounts or seek additional capital.


I hope this guide has given you a clear path to approaching prop firms using the Gold Guardian. If you’ve purchased the Gold Guardian, make sure to reach out to me—I’m working on a little surprise for all of you. And as always, if you have any questions, don’t hesitate to contact me.
Don’t wait too long to make your move. The sooner you start using Gold Guardian, the sooner you’ll be on your way to securing that funded account.