Everything You Need to Know About Prop Trading
In-depth guides on drawdown rules, risk management, challenge strategies, and how to stay funded long-term. Written for traders who take it seriously.
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What Is a Prop Firm? How Proprietary Trading Firms Work in 2026
Prop firms give traders access to large amounts of capital in exchange for a share of profits. Here's how the model works, what it costs, and whether it's right for you.
How to Pass a Prop Firm Challenge: A Step-by-Step Guide
Most traders fail prop firm challenges not because they can't trade, but because they don't treat the challenge as a rules-based exercise. Here's how to approach it correctly.
What Is Prop Firm Drawdown? A Complete Guide
Drawdown rules are the number one reason funded traders lose their accounts. This guide explains exactly what drawdown is, how it's calculated, and how to stay well within your limits.
Position Sizing for Funded Accounts: The Right Way to Calculate Lot Size
Position sizing is the difference between a long career as a funded trader and blowing your account in a week. Here's the exact method professionals use.
How to Calculate Your Max Daily Loss Limit on Any Prop Account
The daily loss limit is the rule most traders breach by accident. Here's exactly how to calculate it, what triggers it, and how to stay safe on any funded account.
How to Keep Your Funded Account: 10 Rules the Best Traders Follow
Getting funded is the easy part. Keeping a funded account long enough to build real income is where most traders fail. These 10 rules separate those who last from those who don't.
Challenge & Evaluation
(7)How to Pass a Prop Firm Challenge: A Step-by-Step Guide
Most traders fail prop firm challenges not because they can't trade, but because they don't treat the challenge as a rules-based exercise. Here's how to approach it correctly.
Prop Firm Payout Rules: When and How You Get Paid
Getting your profit out of a prop firm is more nuanced than it looks. Minimum days, qualifying targets, payout caps, and profit splits all affect what you actually take home.
What Is a Profit Split? How Prop Firm Payouts Actually Work
A profit split sounds simple — but between fees, payout caps, and qualifying requirements, your actual take-home is often different from what the headline percentage suggests.
Funded Account Scaling: How to Grow From $25K to $200K
Scaling a funded account is the fastest way to significantly increase your income from prop trading — if you understand how it works and don't rush it.
The Minimum Trading Days Rule: What It Is and How to Plan Around It
Why prop firms require a minimum number of trading days to pass a challenge, which firms enforce it, and how to structure your evaluation to meet the requirement without overtrading.
How to Pass a Prop Firm Evaluation: A Step-by-Step Approach
A disciplined framework for passing prop firm challenges — covering risk sizing, drawdown types, trade planning, and the most common mistakes that cause otherwise profitable traders to fail.
Prop Firm Scaling Plans: How to Grow Your Funded Account
What scaling plans are, how prop firms increase your account size based on performance, the compounding effect on larger capital, and the risks of trading aggressively to hit scaling targets.
Risk Management
(5)Position Sizing for Funded Accounts: The Right Way to Calculate Lot Size
Position sizing is the difference between a long career as a funded trader and blowing your account in a week. Here's the exact method professionals use.
How to Calculate Your Max Daily Loss Limit on Any Prop Account
The daily loss limit is the rule most traders breach by accident. Here's exactly how to calculate it, what triggers it, and how to stay safe on any funded account.
The 7 Risk Management Rules That Keep Funded Traders Funded
Risk management isn't a single rule — it's a framework. These 7 rules, applied consistently, are what separate traders who keep funded accounts for years from those who lose them in weeks.
Risk/Reward Ratio Guide: How to Find Trades Worth Taking
A good risk/reward ratio doesn't guarantee profits — but a bad one guarantees losses over time. Here's how to calculate R:R, what numbers to target, and how it connects to win rate.
How to Recover From a Drawdown on a Funded Account
A drawdown on a funded account isn't just a financial problem — it's a psychological one too. Here's the right way to recover without making it worse.
Prop Firm Rules
(9)What Is Prop Firm Drawdown? A Complete Guide
Drawdown rules are the number one reason funded traders lose their accounts. This guide explains exactly what drawdown is, how it's calculated, and how to stay well within your limits.
Trailing Drawdown vs Static Drawdown: Key Differences Every Trader Needs to Know
Choosing a prop firm without understanding the difference between trailing and static drawdown could cost you your account. Here's a clear comparison with real examples.
The Consistency Rule Explained: What It Is and How to Stay Compliant
The consistency rule is a hidden trap that disqualifies traders who passed the profit target. Here's exactly what it means, how it's calculated, and how to trade within it.
How to Keep Your Funded Account: 10 Rules the Best Traders Follow
Getting funded is the easy part. Keeping a funded account long enough to build real income is where most traders fail. These 10 rules separate those who last from those who don't.
FTMO Rules Explained: How the Challenge and Verification Works
A complete breakdown of FTMO's two-phase evaluation, drawdown limits, profit targets, and funded account rules — everything you need to know before you start.
Apex Trader Funding Rules Explained: EOD Trail, Intraday Trail, and Performance Accounts
A complete breakdown of Apex Trader Funding's two evaluation types, how EOD drawdown works, payout requirements, and what changes when you reach a Performance Account.
TopStep Rules Explained: Trading Combine, Drawdown, and Funded Account
Everything you need to know about TopStep's Trading Combine evaluation, trailing drawdown mechanics, daily loss limits, funded account profit splits, and consistency score.
The News Trading Ban in Prop Firms: What It Is and How to Stay Compliant
Why many prop firms ban trading during high-impact news events, which firms enforce it, what counts as a violation, and how to check the economic calendar before every session.
What Happens If You Blow a Funded Account?
What actually happens when you breach a funded account — what you lose, what you keep, whether you can retry, and how to avoid it happening in the first place.
Trading Psychology
(1)Guides & Glossaries
(6)What Is a Prop Firm? How Proprietary Trading Firms Work in 2026
Prop firms give traders access to large amounts of capital in exchange for a share of profits. Here's how the model works, what it costs, and whether it's right for you.
Why Every Funded Trader Needs a Trading Journal (And What to Track)
A trading journal is the fastest way to improve as a funded trader. Here's what to log, what patterns to look for, and how to turn raw trade data into a genuine edge.
How to Choose a Prop Firm: 8 Things to Check Before You Pay
With hundreds of prop firms operating in 2026, choosing the right one for your trading style can save you hundreds in fees and months of frustration. Here's what to look for.
Futures vs Forex for Prop Trading: Which Is Better?
Futures and forex are the two most popular markets for prop firm challenges. They have different structures, costs, and risk profiles — here's how to decide which suits you.
Prop Firm Glossary: Every Term You Need to Know
A comprehensive A–Z reference of prop trading terminology — drawdown, profit splits, R-multiples, consistency rules, and more — with plain English definitions.
Prop Firm Trading & Tax: What Funded Traders Need to Know
How prop firm payouts are taxed, what counts as a deductible expense, how to handle quarterly estimated taxes, and what traders in the US, UK, and Australia need to know.