What is the best strategy for Phidias PropFirm?
Last verified: 2026-03-21 | Official rules
The best strategy for Phidias PropFirm is swing trading. Here is why.
Static drawdown plus overnight and weekend holding is ideal for swing trading. Your profits create a genuine cushion above the fixed floor, and you can hold through multi-day moves. Target forex/indices/commodities setups on 4H/Daily timeframes.
Rules that shape your strategy:
- -Drawdown: Static (floor never moves) -- profits create cushion
- -Daily loss limit: 3% -- limits your daily risk budget
- -News trading: Allowed -- you can trade NFP/FOMC
- -Overnight: Allowed
- -Consistency rule: None
Position sizing on a $10,000 account:
- -1% risk per trade = $100
- -Daily budget at 3% = $300
- -Max trades per day at 1% risk = 3
Avoid these mistakes:
- -Overleveraging after a winning streak
- -Revenge trading after a loss (daily limit violation is the top account killer)
- -Holding through news without a stop loss
Upload your trades to Vigil to check if your strategy follows all Phidias PropFirm rules before risking real money.
More Phidias PropFirm Questions
Try a Free Audit
Check a trade against Phidias PropFirm's rules. No sign-up required.
Phidias PropFirm