For Beginners
New to prop trading? The basics, the terminology, and how it all works.
By John1 author10 articles
- What is prop trading, in plain English?
- What is drawdown? The single most important beginner concept
- Daily drawdown vs maximum drawdown: what's the difference?
- Balance vs equity: why the difference can fail you
- What is a lot? Position sizing for beginners
- What is a stop loss and a take profit?
- Prop-trading terms every beginner should know
- Why most beginners fail the evaluation (and how not to)
- How to build a simple trading plan before you risk a fee
- How to size a position so one trade can't blow your account