Latest articles
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Why Trade With a Prop Firm Instead of My Own Account? (and why some traders do both)
TLDR Version – Why Trade With a Prop Firm For 95% of traders, using a prop firm’s capital (or sim funded account) offers 1500% – 3,000% better risk-reward than depositing their own money into a brokerage account. When you consider the potential tax benefits of adding earned income alongside capital gains from a brokerage, doing…
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How Do I Keep Track of My Trades?”
How Do You Write A Trading Journal? Regardless of what trading journal template you use, the journal is only as good as the information you put in it. Some traders find it best to write notes on a pad while trading and then add them to their journal template or software later. How Do I…
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What are the Disadvantages of Trading Journals?
You always hear people talk about the benefits of trading journals. So maybe it’s time to study the disadvantages as well. “Disadvantages? Blasphemy!” Well, not everything is so black and white. What are the Disadvantages of Trading Journals? Real talk? Here are the ACTUAL disadvantages: See what I did there? The only real “disadvantage” is…
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Is a Trading Journal Worth it?
Yes. A trading journal is absolutely ‘worth it’. I know, it sucks busting out another 10, 20, or 50 dollars a month for another software tool. You wonder if you’ll ever see any real change from that. Will there be any return on this investment? Enough to make it worth the cost? Is a Trading…
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Yes, Prop Firms Win When Traders Lose, and That’s OK
Here’s the reality. Funded trading firms making money from failed traders isn’t a scandal. It’s a business model. And understanding that model is the first step toward making sure you’re on the right side of it. I remember sitting across from a guy at a trading meetup in Denver years ago. He was furious. Red…
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The Pattern Day Trading Rule Is Dead. Here’s What Killed It and What Comes Next.
Every small account trader remembers the moment.. You’re watching a setup form. Price action is clean. Your analysis is sharp. You’ve already nailed two trades that morning. And then your broker throws up a warning that stops you cold. “You have reached your maximum number of day trades for this rolling five-day period.” You sit…
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AI Is Replacing Office Jobs. Could Prop Trading Be a Realistic Backup Plan?
Kevin sat in a Tuesday morning all-hands meeting and watched a 26-year-old from the innovation team demo an AI tool that could do in 40 seconds what Kevin had spent 12 years perfecting. (Name changed for example purposes) The room clapped. Kevin’s hands stayed in his lap. He told me this story over coffee a…
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Will AI Kill Day Trading? 23-Year Trader Says, ‘Probably Not’
TLDR AI will not kill day trading, according to 23-year trader Daniel Larsen. Artificial intelligence operates as one more market participant, not an all-knowing force, and competing AI systems from firms like Citadel and Renaissance Technologies frequently take opposite sides of trades. Markets remain adaptive ecosystems where edges decay and new inefficiencies emerge, leaving room…
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Elite Trader Funding Review: My Real Experience Getting Funded and What You Should Know
Every serious trader knows this moment too well. You are sitting at your desk, watching a textbook setup unfold in real time. Your analysis is right. Your timing is right. Everything lines up exactly the way you drew it out the night before. And then you check your position size. One micro contract. Maybe two.…
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The Moving Average Trap: Why Comfort Is Killing Your Trading
Look, I get it. You’re staring at those clean, smooth moving average lines on your chart right now. Maybe it’s the classic 50/200 cross. Or the 8/21 if you’re feeling spicy. They make everything look so… clear. So orderly. Almost like they’re telling you exactly when to buy and sell. And that’s the problem. Because…