When you learn about prop trading firms—or "prop firms" for short—you'll usually find one product that keeps cropping up: S&P futures. Okay, there are loads of various futures contracts available—crude oil, gold, Nasdaq, even crops like soybeans—but when it comes to what a lot of prop traders rely on day in and day out, the…

  Being the designated hitter in trading, discipline is not simply a virtue — it's a requirement. When it comes to prop firms, their daily drawdown (amount of money you can lose in a day), stop out level and max number of trades are far more strict — violate them and you may kiss your…

Swing trading is a type that is between day trading and long-term investment. It is focused on taking advantage of intermediate market moves that can last between a few days to a week or two. From the perspective of an instant funding account, the traders receive access to funds quite quickly but must adhere to…