Passing the prop is easier with day trading than swing trading for one big reason

With limits like 5% 🛑 day traders will find themselves more able to respond to market fluctuations 📊, monitor positions closely 🔍, limit exposure to volatile markets, and minimize the risk of exceeding drawdown thresholds.

MAKING TRADING HUMAN AGAIN

Computers dominate all trading. 🤖💻 It's truly been the decade of Virtu and Citadel, and the glory days of the individual prop trader are as quaint as the pictures of fat sweaty guys battling it out in Chicago pits. 🏋️‍♂️🏦

Prop Firm Updates - August 17, 2024

Trading Tip: The Two Winning Strategies: Pick Your Path!

In the world of trading, there are two main roads to success, and each offers its own exciting way to make money:

WHAT IS VWAP & HOW TO USE IT

VWAP, or Volume Weighted Average Price, is a popular tool that helps traders understand the average price that an instrument has traded throughout the day, based on both price and volume

Trade Smarter, Not Harder

In trading, success isn’t about working harder—it's about working smarter. Here’s how you can elevate your trading game by focusing on the essentials and avoiding common pitfalls.

Prop Firm Updates - August 13, 2024

The Secret to Trading is Same as Dieting 🤫

Trading and dieting are more similar than you think - both enjoy a 95% rate of failure.

What is the Consistency Rule?

📜 DEFINITION: Some prop firms have a consistency rule that states no single trading day can make up more than a certain percent of your total profit. This percentage varies by firm and can range from 30% to 45% 📊

How To Trade Volatile Markets

Stock markets go crazy at least once a year. Having lived through more than a few episodes of volatility here are some lessons on how to trade volatile markets.

You Can’t Approach Trading Like a Business

When trading gurus tell you that you should treat trading as a business, they couldn’t be more wrong. Trading is a business the way screenwriting is a business, the way painting is a business, the way poetry is a business.

Prop Firm Updates - August 8, 2024