Latest articles
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Yes, Prop Firms Win When You Lose, and That’s OK
I remember sitting across from a guy at a trading meetup in Denver years ago. He was furious. Red in the face, leaning forward in his chair, practically vibrating with indignation. “It’s a scam,” he said. “These prop firms only make money when we fail. The whole thing is rigged.” I took a sip of my coffee…
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One-Step Prop Firms: Get Funded Faster
Imagine trading your heart out, applying weeks of focus and determination. You finally hit the profit target on your evaluation. Success! You get to trade a funded account now. Right? But then, you remember (or find out) that was only the first of two or more stages. Welcome to the world of hurt, avoided by those who…
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Prop Firm Accounts – What are They and Why Would You Use One?
Wanna risk someone else’s money, for a share of your profits? That’s a prop firm account. Prop firm accounts can give you the chance to trade for real earnings, when you don’t have thousands of dollars to put up as trading capital. Prop trading has been around for decades, and recently some online prop firms have made…
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Trade Your Day Job for Day Trading: The Ultimate Guide to Trading for a Living
Ever thought of saying goodbye to your daily grind and hello to the exciting world of day trading for a living? Let’s face it. Sitting in a boring office, doing the same old tasks day in and day out, can be a real drag. But what if there was a way to break free? A…
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Why Use Multiple Funded Trading Accounts? A Comprehensive Guide
To make real money trading, you need adequate capital. Fortunately, funded trading accounts offer traders the opportunity to trade larger amounts of capital than they would typically have access to on their own. Anyone with the skills and a few bucks for an evaluation has the potential to make it happen. What a time to…
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How Much Money Do You Need To Trade Futures? (And Make it Count!)
Futures may strike you as a great trading opportunity with low capital requirements. But how much money do you need to trade futures? Do you have enough to make it count?Futures trading draws a lot of people without giant accounts, for a few reasons:There’s no pattern day-trading rule. You can day trade to your heart’s…
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Day Trader Salary (Inside Scoop From the Trading Desk)
People have always dropped their jaws when I tell them my salary as a day trader. But not for the reason you might think. They find out what I do, and they ask, “So you get a salary and then bonus, right? If you don’t mind me asking, how much salary?” Me: “zero”. Them: *confused…