Prop Trading Guides

Expert knowledge to help you succeed in proprietary trading. From choosing the right firm to passing challenges and managing funded accounts.

Essential Guides

7 guides
🏆
Intermediate
20 min read

How to Pass a Prop Firm Challenge

Proven strategies for passing prop firm evaluations. Risk management techniques, trading psychology, consistency rules, and practical tips from successful funded traders.

⚠️
Intermediate
12 min read

Risk Management for Funded Accounts

Master risk management to protect your funded account. Position sizing, stop loss strategies, daily loss limits, and how to avoid common mistakes that lead to account termination.

📊
Beginner
10 min read

Understanding Drawdown Rules (Fixed vs Trailing)

Complete explanation of drawdown types in prop trading. Learn the difference between fixed and trailing drawdowns, how they're calculated, and strategies to manage each type.

💰
Advanced
25 min read

Prop Firm Tax Guide by Country

Navigate tax obligations for prop trading profits. Country-specific guides for USA, UK, Canada, Australia, and EU. Independent contractor vs employee status, deductions, and reporting requirements.

🎓
Advanced
30 min read

Quant Firm Interview Prep

Prepare for quantitative trading firm interviews. Mental math, probability puzzles, coding challenges, market making scenarios, and behavioral questions. Resources and practice problems included.

🔄
Intermediate
15 min read

Futures vs Forex Prop Firms

Compare futures and forex prop trading opportunities. Understand the differences in evaluation, capital requirements, trading hours, leverage, instruments, and profit potential.

Platform & Tools

3 guides
💻
Beginner
18 min read

MT5 vs cTrader vs TradingView

Comprehensive platform comparison for prop traders. Features, automation capabilities, charting tools, execution speed, and which firms support each platform.

🤖
Intermediate
22 min read

Expert Advisors & Prop Trading Rules

Navigate EA usage in prop firms. Which firms allow automated trading, restrictions, best practices, and how to verify your EA meets firm requirements.

📱
Beginner
8 min read

Mobile Trading with Prop Firms

Guide to trading funded accounts on mobile. Platform apps, limitations, best practices, and which firms offer the best mobile experience.