Every trader must deal with impatience given the highly stressful situation with financial trading. Especially with foreign exchange, commodities, and equities, traders deal with swift moving market situations that can cause the trader to make poor long-term decisions. To keep discipline and attain consistent outcomes, it is necessary to deal with impatience on a…

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…