Prop trading firms have exploded in popularity, offering traders access to significant capital in exchange for proving their skills. But are these firms truly worth it? Are they a game-changer for traders, or just another way to extract fees from hopefuls? In this guide, we’ll break down the pros and Read more…
In NinjaTrader, you can use both Tradovate and Rithmic accounts, but copying trades between them requires a trade copier solution. Here’s what you need to know to Copy Trade Tradovate to Rithmic using NinjaTrader 8. Can NinjaTrader Connect to Both Tradovate & Rithmic? Tradovate: Yes, since NinjaTrader acquired Tradovate, they Read more…
Apex Trader Funding is one of the most popular proprietary trading firms, offering traders the opportunity to trade with funded accounts. However, to become a funded trader, you must pass their evaluation process and adhere to their strict rules. Breaking these rules can result in disqualification, which is why it’s Read more…
One thing that holds many of us back, is the lack of access to capital. This pushes most of us to use our time in exchange for money to grow our financial position. Using time takes… well, time and a lot of energy to keep at it long term. There Read more…
1. Introduction to Proprietary Trading Proprietary trading, often referred to as “prop trading,” is when a financial institution or company trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with its own money, aka the “entity’s own funds,” as opposed to its customers’ money, to make a profit Read more…
Whether you have burnt money on prop firms that you haven’t passed, or threw good money after bad in a personal trading account, this guide outlines the key differences between a prop firm and personal trading accounts and which one might be better (depending on your trading). Prop Firms Overview Read more…
Darwinex is a platform that allows real traders, with real high quality returns to get funded. It doesn’t seek high returns that are out of reach, nor does it set unrealistic drawdown limits in relation to the targets. What is Darwinex? The Darwinex Trading ecosystem is where you can trade Read more…
Here we cover Apex Trader Funding Alternatives, as we explore these similar prop firms we will also investigate some of the rules and differences between Apex Trader Funding and other futures prop firms. Prop Firms Similar to Apex Trader Funding TradeDay TradeDay is a prop firm very similar to Apex Read more…
Prop firms have become huge in the trading industry, and there’s plenty of reason to be happy about it if you’re an aspiring trader that doesn’t have capital or don’t want to allocate money to trading while you pursue other endeavors. So, what are the risks of prop traders and Read more…
https://youtu.be/WiaoxUlxlnY Apex Trader Funding Tutorial with NinjaTrader SuperDOM & Rithmic What you will see: – How to set a fixed stop loss via Rithmic (remember it’s by day so if you trade again you will need to update the Stoploss (Loss Limit) for the total loss for the day so Read more…