About trading, and about thinking.
Five lessons to understand prop trading, with further research on capital, risk and trading rules.
Lesson 5 | Before Your First Challenge, How Do You Know You're Ready?
From trading records and demo practice to final checks before paying, put the first four lessons into practice and prepare for your first challenge.
Lesson 4 | How Is Drawdown Calculated? Understand Your Account’s Actual Room for Losses
From the risk budget for each trade to daily loss limits, static and trailing drawdown, consistency rules, and trading-day requirements, learn how to build account rules into your trading plan.
Lesson 3 | One-Step, Two-Step, Three-Step or Instant Funding: How Do You Choose?
Does one fewer stage always make an evaluation easier? Understand the process, rule trade-offs and full cost of each of the four models, then choose based on how you trade.
Lesson 2 | Prop Trading vs. Trading Your Own Capital: Which Is Right for You?
How do evaluation fees compare with your own capital? From costs and trading freedom to profit splits, find an account that suits your trading approach.
Lesson 1 | What is a prop firm? From evaluation to payouts
What does an evaluation fee buy? What does a $100,000 account really mean? A trader’s guide to how prop trading works, its opportunities, and its trade-offs.
Passing a challenge is just the next starting point in trading.
Move from simply passing to sustainable risk management.
The same 10% drawdown can mean very different risks.
Static and Trailing Drawdown differ in more than name.
How much capital do you really manage in a 100K account?
Look beyond the headline balance to understand your risk allowance.