Choosing the right prop trading firm is essential for traders looking to scale their accounts while maintaining freedom over their strategies. Some firms impose strict trading rules—such as daily drawdown limits, time constraints, and restricted trading strategies—while others offer more flexibility to accommodate different trading styles. This guide explores the best proprietary trading firms that […]
Prop trading firms provide traders with access to significant capital, but before receiving funding, traders must pass a verification phase or prop firm challenge. These challenges test a trader’s ability to manage risk, maintain consistency, and meet profit targets under strict guidelines. Many traders fail their first attempt due to poor planning and a lack […]
Proprietary trading firms have undergone a remarkable transformation over the past decade. What was once a niche sector dominated by institutional traders has expanded into a global opportunity accessible to retail traders. As technology advances and financial markets evolve, prop trading firms are adapting to new challenges and innovations. This article explores the history of […]
Economic crises create uncertainty and heightened volatility in financial markets. While these conditions can be challenging, they also present unique opportunities for proprietary traders who know how to adapt. By implementing the right strategies, prop traders can protect their capital and capitalize on market inefficiencies. This guide explores key strategies for trading during economic downturns […]
Passing a prop firm challenge requires more than just a strong trading strategy. Traders who use a trading journal gain an advantage by tracking their trades, identifying strengths and weaknesses, and refining their approach. A well-maintained journal improves discipline, enhances strategy development, and increases the chances of passing a funded trading challenge. In this guide, […]
Position sizing is one of the most critical aspects of risk management in proprietary trading. It determines how much capital you allocate to each trade, ensuring that you maximize profitability while keeping risk under control. In this guide, we’ll explore effective position sizing strategies, common mistakes to avoid, and tools to help you refine your […]
Trading in high-stakes environments can be both exhilarating and nerve-wracking. Successful traders know that staying calm and maintaining focus is critical to making rational decisions and achieving consistent profits. This blog explores practical trading psychology hacks to help you stay composed under pressure and improve your trading performance. Why Trading Psychology Matters Your mindset directly […]
Economic calendars are essential tools for prop traders aiming to excel in volatile and competitive financial markets. These calendars provide vital schedules of market-moving events, enabling traders to anticipate volatility, manage risks, and plan profitable trades. In this article, we’ll explore why economic calendars are integral to prop trading success and how to leverage them […]
Proprietary (prop) trading firms provide an excellent opportunity for traders to access significant capital and earn profits without risking their own funds. However, understanding how payout structures work is critical to maximizing your earnings. This guide breaks down payout models, withdrawal terms, and strategies for optimizing your returns. What Are Prop Firm Payout Structures? Payout […]
Starting a proprietary trading journey can be an exciting venture. However, many new traders fall into traps that hinder their progress or cause them to lose their accounts. This guide highlights the most common mistakes new prop traders make and provides actionable tips to help you avoid them. Overlooking the Prop Firm’s Rules One of […]
