What are the pros and cons of being a prop trader?
Pros include access to capital, training, and potential high profits. Cons include risk of losses, performance pressure, and profit-sharing with the firm.
Pros include access to capital, training, and potential high profits. Cons include risk of losses, performance pressure, and profit-sharing with the firm.
Yes, reputable prop firms do pay traders a share of their profits based on agreed-upon terms and performance.
A prop trading firm is a financial company that provides capital to traders (prop traders) to trade the firm’s money in financial markets, aiming to…
The scaling plan works as follows: Trader has to hit 10% in the first 3 months with 2 out of the 3 months being in…
There are 5 possible scenarios: You have an outstanding payout You breached your account You still have open trades You are not in profit You…
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