How Long Does It Take to Pass a Prop Firm Challenge?
Most prop firm challenges can be passed in a few weeks to a couple of months, but the real answer […]
TRADING NOTES
My Prop Trading Notes
This is where I write about prop trading the way I actually think about it.If you are new, start with the basics. If you are already comparing firms, slow down long enough to understand the model first.
Can I Hold Trades Overnight or Over the Weekend in Prop Firms?
Sometimes yes. Sometimes no. It depends on the firm and the account model. Many prop firms allow overnight holding more […]
Cheapest Prop Firm Challenges: Are Lower Fees Really Better?
Most beginners fail prop firm challenges because they stop trading their process and start trading the scoreboard. They see the […]
How to Choose Your First Prop Firm: Fees, Rules, and Model Fit
Your first prop firm should not be chosen by account size, discount code, or the loudest payout claim. It should […]
What Is a Profit Target in Prop Trading? How Challenge Targets Really Work
A profit target in prop trading is the return you need to make on the account before you can pass […]
What Is a Consistency Rule in Prop Trading? How It Works and Why It Matters
A consistency rule in prop trading limits how much of your total profit can come from one trading day or […]
Static Drawdown vs Trailing Drawdown: What’s the Difference for Prop Traders?
Static drawdown and trailing drawdown are not small variations of the same rule. Static drawdown stays fixed. Trailing drawdown moves […]
What Is a Prop Firm Evaluation? Phases, Rules, and How to Pass
A prop firm evaluation is a screening process that tests whether a trader can make money without breaking the firm’s […]
Best Prop Firms for Beginners: How to Choose the Right One
The best prop firm for beginners is usually not the biggest, cheapest, or loudest one. It is the one whose […]