May the Profits Be With You

Compare the galaxy's top daytrading prop firms with detailed ratings, features, and real user reviews. Unleash your trading force.

20+

Prop Firms

10K+

Reviews

95%

Accuracy

Complete Prop Trading Guide 2024

Everything you need to know about prop trading - from beginner basics to advanced strategies

Table of Contents

Chapter 1: What is Prop Trading? Chapter 2: Types of Programs Chapter 3: Trading Strategies Chapter 4: Profit Calculations Chapter 5: Risk Management Chapter 6: Tools & Technology Chapter 7: Your Path to Success

Chapter 1: What is Prop Trading?

Proprietary trading (prop trading) is a financial arrangement where you trade with a firm's capital instead of your own money. This revolutionary approach allows skilled traders to access significant funding without risking personal capital.

How Prop Trading Works:

  • Evaluation Phase: You prove your trading skills using the firm's evaluation program
  • Funding Phase: Upon successful evaluation, you receive a funded account
  • Profit Sharing: You keep 80-90% of profits while the firm takes a small percentage
  • Risk Management: The firm provides capital while you manage the trading risk

Key Benefits:

  • Access to $50K - $300K+ in trading capital
  • No personal financial risk during evaluation
  • Professional trading environment and tools
  • Potential for significant income without large initial investment
  • Learning and mentorship opportunities

Chapter 2: Types of Prop Trading Programs

1. Evaluation Programs (Most Common)

These programs require you to demonstrate your trading skills before receiving funding. You typically need to:

  • Achieve a profit target (usually 8-12%) within a specific timeframe
  • Maintain drawdown limits (usually 5-10%)
  • Follow specific trading rules and guidelines
  • Pay an evaluation fee ($50-$300)

2. Direct Funding Programs

Immediate access to funded accounts without evaluation, but typically higher costs:

  • Instant access to trading capital
  • Higher initial fees ($200-$500)
  • Stricter risk management rules
  • Faster path to funded trading

3. Instant Funding Programs

The fastest path to funded trading:

  • No evaluation period required
  • Immediate access to capital
  • Highest initial costs
  • Most suitable for experienced traders

Chapter 3: Essential Trading Strategies for Prop Firms

Scalping Strategy

Quick trades with tight profit targets, ideal for prop firm evaluations:

  • Hold positions for seconds to minutes
  • Target 0.5-2% profit per trade
  • Use tight stop losses (0.3-1%)
  • Requires excellent execution and low spreads

Day Trading Strategy

Standard approach for most prop firm evaluations:

  • Open and close positions within the same day
  • Target 1-5% profit per trade
  • Use 1-2% stop losses
  • Focus on high-probability setups

Swing Trading Strategy

For traders who prefer longer-term positions:

  • Hold positions for days to weeks
  • Target 3-10% profit per trade
  • Use wider stop losses (2-5%)
  • Requires patience and trend analysis

Risk Management Rules

  • Never risk more than 1-2% of account per trade
  • Set daily loss limits (3-5% maximum)
  • Use proper position sizing
  • Always use stop losses
  • Don't overtrade or revenge trade

Chapter 4: Profit Calculations and Expectations

Realistic Profit Expectations

Understanding what's achievable is crucial for success:

Conservative Approach (Recommended for Beginners)
  • Monthly Return: 3-5%
  • Account: $10,000
  • Profit Split: 80%
  • Monthly Profit: $240 - $400
  • Annual Profit: $2,880 - $4,800
Moderate Approach (Intermediate Traders)
  • Monthly Return: 5-8%
  • Account: $25,000
  • Profit Split: 85%
  • Monthly Profit: $1,062 - $1,700
  • Annual Profit: $12,750 - $20,400
Aggressive Approach (Advanced Traders)
  • Monthly Return: 8-12%
  • Account: $50,000
  • Profit Split: 90%
  • Monthly Profit: $3,600 - $5,400
  • Annual Profit: $43,200 - $64,800

Important Considerations

  • These are best-case scenarios - actual results may vary
  • Include evaluation periods in your timeline
  • Account for trading costs and fees
  • Consider market volatility and drawdown periods
  • Focus on consistency over high returns

Chapter 5: Risk Management and Psychology

The Psychology of Successful Trading

Trading psychology is often more important than strategy:

Common Psychological Pitfalls
  • Fear: Missing opportunities or exiting too early
  • Greed: Overtrading or holding positions too long
  • Revenge Trading: Trying to recover losses immediately
  • Overconfidence: Taking excessive risks after wins
  • Analysis Paralysis: Overthinking and missing setups
Building Mental Discipline
  • Create and stick to a trading plan
  • Use checklists for every trade
  • Keep a detailed trading journal
  • Practice meditation or mindfulness
  • Take regular breaks from trading
  • Celebrate small wins and learn from losses

Advanced Risk Management

  • Correlation Risk: Avoid overexposure to related instruments
  • Market Condition Risk: Adjust position sizes based on volatility
  • Time Risk: Don't hold positions through major news events
  • Liquidity Risk: Ensure you can exit positions when needed
  • Technology Risk: Have backup plans for technical issues

Chapter 6: Tools and Technology

Essential Trading Platforms

Most prop firms support these popular platforms:

NinjaTrader 8
  • Advanced charting and analysis tools
  • Excellent for futures trading
  • Strong community support
  • Free for basic use, paid for advanced features
Rithmic
  • Professional-grade execution
  • Low latency and high reliability
  • Advanced order management
  • Used by many institutional traders
Tradovate
  • User-friendly interface
  • Mobile trading capabilities
  • Competitive commission structure
  • Good for beginners

Essential Trading Tools

  • Economic Calendar: Track important news events
  • Market Scanner: Find trading opportunities
  • Risk Calculator: Determine position sizes
  • Performance Tracker: Monitor your progress
  • News Feed: Stay informed about market events

Chapter 7: Your Path to Success

Step-by-Step Action Plan

Month 1: Foundation
  • Study prop trading basics and strategies
  • Practice on demo accounts
  • Develop a trading plan
  • Choose your first prop firm
  • Set realistic goals and expectations
Month 2-3: Evaluation
  • Start your evaluation program
  • Focus on consistency over profits
  • Keep detailed trading records
  • Review and adjust your strategy
  • Stay within risk management rules
Month 4+: Funded Trading
  • Begin with smaller position sizes
  • Scale up gradually as you prove yourself
  • Continue learning and improving
  • Consider multiple prop firm accounts
  • Build long-term wealth through consistency

Success Mindset

Remember these key principles:

  • Success in prop trading is a marathon, not a sprint
  • Focus on the process, not just the outcome
  • Learn from every trade, win or lose
  • Stay humble and keep learning
  • Build a support network of fellow traders
  • Never stop improving your skills

Complete Guide to Prop Trading

Everything you need to know about prop trading, from beginner basics to advanced strategies

What is Prop Trading?

Proprietary trading (prop trading) is when a firm provides capital to traders to trade financial instruments. The firm takes a percentage of profits while the trader keeps the majority. This allows traders to access larger capital without risking their own money.

  • Access to significant trading capital
  • Professional trading environment
  • Risk management and compliance
  • Performance-based compensation

How Prop Firm Evaluations Work

Most prop firms require traders to pass an evaluation process before receiving funded accounts. These evaluations typically involve:

  • Profit Targets: Achieve specific profit goals within time limits
  • Drawdown Limits: Don't exceed maximum loss thresholds
  • Consistency Rules: Maintain steady performance over time
  • Risk Management: Follow position sizing and risk rules

Choosing the Right Prop Firm

Selecting the best prop firm depends on your trading style, experience level, and goals. Consider these factors:

  • Trading Platforms: Rithmic, CQG, NinjaTrader compatibility
  • Profit Splits: 80/20, 90/10, or other arrangements
  • Account Sizes: From $10K to $2M+ funding levels
  • Rules & Restrictions: Trading hours, instruments, strategies

Common Trading Strategies

Successful prop traders use various strategies depending on market conditions and personal preferences:

  • Scalping: Quick trades for small profits
  • Day Trading: Intraday positions closed before market close
  • Swing Trading: Multi-day position holding
  • Algorithmic Trading: Automated strategy execution

Essential Trading Tips for Success

Professional insights to help you pass evaluations and maintain funded accounts

📊

Risk Management is Everything

Never risk more than 1-2% of your account on a single trade. This is the golden rule that separates successful traders from those who blow up accounts.

⏰

Trade During High Volume Hours

Focus on market open (9:30 AM EST) and close (4:00 PM EST) when volume and volatility are highest. Avoid low-volume periods like lunch hours.

📈

Keep Detailed Trading Journals

Record every trade, including entry/exit reasons, emotions, and outcomes. This helps identify patterns and improve performance over time.

🎯

Set Clear Profit Targets

Define your daily profit target and stop trading once reached. Greed often leads to giving back profits and violating prop firm rules.

🧠

Master Your Psychology

Trading is 80% psychology and 20% strategy. Learn to control emotions, accept losses, and stick to your trading plan religiously.

📚

Continuous Education

Markets evolve constantly. Stay updated with market news, economic indicators, and new trading techniques to maintain your edge.

Frequently Asked Questions

Get answers to the most common questions about prop trading

How much money can I make with prop trading?

+

Earnings depend on your trading skill, account size, and profit split. With a $100K account and 80/20 split, a 10% monthly return equals $8,000 profit. Top traders with larger accounts can earn six figures annually.

What's the difference between prop firms?

+

Prop firms differ in profit splits (70/30 to 90/10), account sizes ($10K to $2M+), trading platforms (Rithmic, CQG, NinjaTrader), rules (scaling, news trading), and evaluation processes. Our comparison tool helps you find the best fit.

How long does it take to pass an evaluation?

+

Most evaluations can be completed in 1-4 weeks, depending on your trading frequency and skill level. Some firms offer accelerated programs for experienced traders, while others provide more time for learning.

Can I trade multiple prop firm accounts?

+

Yes, many traders manage multiple prop firm accounts simultaneously. This diversifies risk and increases earning potential. However, ensure you can handle the psychological pressure and maintain consistent performance across all accounts.

What happens if I violate trading rules?

+

Rule violations typically result in account suspension or termination. Common violations include exceeding drawdown limits, trading during news events (if prohibited), or not following position sizing rules. Always read and understand each firm's specific rules.

Do I need previous trading experience?

+

While experience helps, many prop firms welcome beginners. Focus on learning proper risk management, developing a consistent strategy, and practicing with paper trading before attempting evaluations. Some firms offer educational resources and mentorship programs.

Top Prop Trading Firms

Discover the best daytrading opportunities in the galaxy

In-Depth Firm Analysis

Funding Ticks - Premium Choice

Funding Ticks stands out as a premium option for serious traders. With up to $300K in funding and a 90% profit split, they offer one of the best value propositions in the industry.

Pros:
  • Highest profit split (90%)
  • Large funding capacity
  • No evaluation required
  • Instant access to capital
  • Professional support team
Cons:
  • Higher initial cost ($99)
  • Stricter risk management
  • Limited to futures trading

Take Profit Trader - Best for Beginners

Take Profit Trader is ideal for new traders entering the prop trading world. Their flexible rules and excellent support make them perfect for learning and growth.

Pros:
  • Low entry cost ($99)
  • No daily loss limits
  • Flexible evaluation rules
  • Excellent customer support
  • Quick funding process
Cons:
  • Lower profit split (80%)
  • Smaller maximum funding
  • Requires evaluation period

TradeDay - Fastest Path to Funding

TradeDay offers the fastest evaluation period in the industry at just 7 days. This makes them perfect for experienced traders who want quick results.

Pros:
  • Fastest evaluation (7 days)
  • Lowest entry cost ($59)
  • Multiple account options
  • No daily loss limits
  • User-friendly platform
Cons:
  • Lower profit split (80%)
  • Smaller funding limits
  • Stricter trading rules

Find Your Perfect Prop Firm

Answer a few questions to discover the best prop firms for your trading style and goals

1 Trading Type
2 Budget
3 Goals
4 Results

What type of funding are you looking for?

Evaluation Program

Prove your skills first, then get funded. Lower initial cost, higher profit potential.

Direct Funding

Get funded immediately. Higher initial cost, instant access to capital.

Instant Funding

Skip evaluation entirely. Fastest path to funded trading.

What's your budget for getting started?

Under $100

Affordable options with smaller account sizes.

$100 - $300

Mid-range options with good balance of cost and features.

$300+

Premium options with larger account sizes and better features.

What's your primary goal?

Scalping

Quick trades with tight spreads. Need firms that allow scalping.

Swing Trading

Hold positions for days/weeks. Need flexible drawdown rules.

Day Trading

Close positions daily. Standard prop firm rules work well.

Any Strategy

Flexible with strategy. Looking for best overall value.

Your Perfect Prop Firms

Based on your preferences, here are the best matches:

Trading Tools & Education

Master the art of prop trading with our powerful tools and educational resources

Profit Calculator

Calculate your potential earnings with different prop firms and funding levels

Risk Assessment

Evaluate your trading risk tolerance and find suitable prop firms

Drawdown Calculator

Calculate safe position sizes and manage your drawdown limits

Funding Timeline

Track your progress and estimate when you'll get funded

Prop Trading Insights & News

Latest updates, strategies, and insights from the prop trading world

Top 5 Prop Firms for Beginners in 2024

Choosing the right prop trading firm is crucial for beginners. Here's our comprehensive analysis of the top 5 firms that offer the best combination of features, support, and success rates for new traders.

1. Funding Ticks - Premium Choice

With up to $300K in funding and a 90% profit split, Funding Ticks offers the best value proposition for serious traders. Their direct funding model eliminates the evaluation period, providing instant access to capital.

2. Take Profit Trader - Best for Beginners

Take Profit Trader excels in customer support and flexible rules, making them ideal for new traders. Their $99 entry cost and no daily loss limits create a supportive environment for learning.

3. TradeDay - Fastest Path to Funding

TradeDay's 7-day evaluation period is the fastest in the industry. Their $59 entry cost and multiple account options make them perfect for traders who want quick results.

4. MyFunded Futures - Futures Specialist

Specializing in futures trading, MyFunded Futures offers 90% profit splits and lifetime funding opportunities. Their focus on futures makes them ideal for traders in this specific market.

5. Legends Trading - Educational Focus

Legends Trading provides comprehensive education and community support. Their professional environment and mentorship programs help traders develop long-term success.

Jan 15, 2024 Beginners 8 min read

How to Calculate Your Prop Trading Profits

Understanding your potential earnings is crucial for making informed decisions about prop trading. Our comprehensive guide shows you how to calculate realistic returns and set proper expectations.

Key Factors in Profit Calculation

Your potential earnings depend on several critical factors: account size, profit split percentage, monthly return expectations, and consistency. Larger accounts with higher profit splits can generate significant income.

Realistic Return Expectations

Conservative traders should expect 3-5% monthly returns, moderate traders 5-8%, and aggressive traders 8-12%. These figures are based on historical data and realistic market conditions.

Example Calculations

A $25,000 account with 85% profit split and 5% monthly return generates $1,062 monthly profit. Over 12 months, this equals $12,750 in additional income.

Risk Considerations

Remember that these are best-case scenarios. Include evaluation periods, account for trading costs, and consider market volatility in your calculations.

Jan 14, 2024 Tools 10 min read

Risk Management Strategies for Prop Traders

Risk management is the foundation of successful prop trading. Without proper risk controls, even the best strategies can fail. Learn the essential techniques to protect your capital.

The 1-2% Rule

Never risk more than 1-2% of your account on any single trade. This golden rule of risk management ensures that no single loss can significantly impact your overall performance.

Daily Loss Limits

Set strict daily loss limits of 3-5% maximum. When you reach this limit, stop trading immediately. This prevents emotional trading and protects your capital from significant daily losses.

Position Sizing Strategies

Use our drawdown calculator to determine safe position sizes. Base your position size on account balance, maximum drawdown limits, and correlation risk considerations.

Market Condition Adaptation

Adjust your risk based on market conditions. Reduce position sizes in volatile markets, avoid trading during major news events, and wait for clear setups before entering positions.

Psychological Risk Management

Manage your emotions to protect your capital. Take breaks after losses, don't revenge trade, stick to your plan, and keep a detailed trading journal for objective analysis.

Jan 13, 2024 Risk Management 12 min read

Mastering Trading Psychology for Prop Success

Trading psychology is often more important than strategy. Learn how to control your emotions, build mental discipline, and develop the mindset of a successful prop trader.

Understanding Fear and Greed

Fear causes missed opportunities and early exits, while greed leads to overtrading and poor risk management. The solution is sticking to your trading plan regardless of emotions.

Building Mental Discipline

Create daily routines, use checklists for every trade, practice meditation, and take regular breaks. Mental strength is built through consistent practice and self-awareness.

Developing Confidence

Confidence comes from preparation. Backtest your strategies, paper trade before going live, start with small positions, and celebrate small wins to build momentum.

Jan 12, 2024 Psychology 9 min read

Evaluation Strategies That Actually Work

Passing prop firm evaluations requires more than just good trading. Learn the proven strategies that successful traders use to consistently pass evaluations and get funded.

The 80/20 Rule of Success

80% of your success comes from 20% of your actions. Focus on risk management, consistency, emotional control, and proven strategies rather than trying to perfect every aspect.

Risk Management First

Never risk more than 1-2% of your account on any single trade. This is non-negotiable and the foundation of successful evaluation completion.

Consistency Over Perfection

Small, consistent profits are better than occasional big wins. Focus on regular trading schedules, consistent position sizes, and same entry/exit criteria.

Jan 11, 2024 Strategies 11 min read

Essential Trading Tools for Prop Traders

The right tools can make the difference between success and failure in prop trading. Discover the essential platforms, indicators, and resources that professional traders use.

Trading Platforms Comparison

NinjaTrader 8 offers advanced charting for futures, Rithmic provides professional execution, and Tradovate delivers user-friendly mobile trading. Choose based on your needs and experience level.

Must-Have Indicators

Essential indicators include moving averages, RSI, MACD, and volume analysis. Learn how to use these tools effectively without overcomplicating your analysis.

Risk Management Tools

Use position size calculators, drawdown analyzers, and performance trackers to maintain proper risk management and monitor your progress consistently.

Jan 10, 2024 Tools 7 min read

Prop Trading Academy

Learn from the masters and master the art of prop trading

Getting Started with Prop Trading

Complete beginner's guide to prop trading - from evaluation to funding

15 min read Beginner

Evaluation Strategies That Work

Proven strategies to pass prop firm evaluations and get funded faster

20 min read Intermediate

Risk Management for Prop Traders

Essential risk management techniques to protect your capital and profits

25 min read Advanced

Trading Psychology Mastery

Master your emotions and develop the mindset of a successful prop trader

30 min read All Levels

In-Depth Prop Firm Reviews

Comprehensive analysis of the top prop trading firms based on real user experiences and detailed research

Take Profit Trader

★★★★★ 4.8/5

Why We Recommend Take Profit Trader

Take Profit Trader stands out as one of the most trader-friendly prop firms in the industry. With their unique "no daily drawdown" rule and flexible trading conditions, they've created an environment where traders can focus on profitability rather than constant risk management.

✅ Pros
  • No daily drawdown limit - only trailing drawdown
  • Quick evaluation process (as fast as 7 days)
  • Excellent customer support
  • Multiple account sizes up to $2M
  • 90/10 profit split on funded accounts
❌ Cons
  • Higher evaluation fees compared to some competitors
  • Limited to US markets only
  • No weekend holding allowed

Bottom Line: Ideal for traders who want maximum flexibility and are confident in their risk management skills. The no daily drawdown rule makes it easier to recover from temporary losses.

TradeDay

★★★★☆ 4.5/5

TradeDay: The Scalper's Paradise

TradeDay has built a reputation for being one of the best prop firms for scalpers and day traders. Their fast execution, low spreads, and scalper-friendly rules make them a top choice for high-frequency traders.

✅ Pros
  • Excellent for scalping strategies
  • Fast execution and low latency
  • Multiple trading platforms supported
  • Reasonable evaluation costs
  • Good profit splits (80/20)
❌ Cons
  • Strict daily loss limits
  • Limited to certain trading hours
  • No overnight positions allowed

Bottom Line: Perfect for scalpers and day traders who prefer quick, frequent trades. The fast execution and scalper-friendly environment make it ideal for high-frequency strategies.

MyFunded Futures

★★★★☆ 4.3/5

MyFunded Futures: The Reliable Choice

MyFunded Futures has established itself as a reliable and trustworthy prop firm with a strong track record. They offer competitive profit splits and have been in the business long enough to prove their stability.

✅ Pros
  • Proven track record and stability
  • Competitive profit splits (80/20)
  • Multiple account sizes available
  • Good customer support
  • Transparent rules and conditions
❌ Cons
  • Stricter evaluation process
  • Limited trading platforms
  • Higher minimum trading requirements

Bottom Line: A solid choice for traders who value stability and reliability. While not the most innovative, they provide consistent service and fair conditions.

Funded Trading

★★★☆☆ 3.8/5

Funded Trading: The Budget Option

Funded Trading offers some of the lowest evaluation costs in the industry, making it accessible to traders with limited capital. However, this comes with some trade-offs in terms of support and features.

✅ Pros
  • Very low evaluation costs
  • Quick account setup
  • Multiple account sizes
  • Basic trading tools included
❌ Cons
  • Limited customer support
  • Basic trading platform
  • Stricter profit targets
  • Less flexible rules

Bottom Line: Good for beginners or traders on a tight budget. While the low costs are attractive, you'll need to be more self-reliant and disciplined.

Compare Firms Side by Side

Select up to 3 firms to compare their features and ratings - Choose wisely, young trader

Select Firm 1

Select Firm 2

Select Firm 3

Why Choose PropForces?

Get the most accurate and up-to-date information about prop trading firms - Trust in the Force

Complete Prop Trading Resource

PropForces is your comprehensive guide to prop trading firms. We compare top companies like Funding Ticks, Take Profit Trader, TradeDay, MyFunded Futures, Legends Trading, and Funded Futures Network to help you find the perfect funding opportunity for your trading style.

Our interactive tools include profit calculators, risk assessment tools, drawdown calculators, and funding timeline trackers to help you make informed decisions about your prop trading journey.

Verified Reviews

Real reviews from verified traders with actual experience using these firms.

Detailed Analytics

Comprehensive ratings and metrics to help you make informed decisions.

Real-time Updates

Stay current with the latest firm policies, fees, and program changes.

Community Driven

Join thousands of traders sharing insights and experiences.

Frequently Asked Questions

Get answers to the most common questions about prop trading

What is the difference between prop trading and regular trading?

In regular trading, you use your own money and keep 100% of profits (but also bear 100% of losses). In prop trading, you use the firm's capital, keep 80-90% of profits, and have no personal financial risk during evaluation. This allows you to access much larger capital than you could afford personally.

How long does it take to get funded?

Evaluation programs typically take 30-60 days, depending on the firm and your trading performance. Some firms offer instant funding for higher fees, while others have 7-day evaluations. The key is consistency and following the rules rather than rushing to hit profit targets.

What happens if I fail the evaluation?

Most firms offer retry options, often at discounted rates. You can learn from your mistakes, adjust your strategy, and try again. Many successful traders fail their first evaluation - it's part of the learning process. Focus on understanding why you failed and improving your approach.

Can I trade multiple prop firm accounts?

Yes! Many successful traders use multiple prop firms to diversify their income and reduce risk. You can trade different strategies, markets, or timeframes across different accounts. Just ensure you can manage multiple accounts effectively and don't violate any firm's rules.

What markets can I trade?

Most prop firms focus on futures markets (ES, NQ, YM, etc.) due to their liquidity and 24/5 trading hours. Some firms also offer forex, stocks, or options. Choose markets that align with your experience and trading style. Beginners often start with ES futures due to their predictable behavior and good liquidity.

How much money can I realistically make?

Realistic monthly returns are 3-8% for most traders. With a $25,000 account and 85% profit split, this translates to $637-$1,700 monthly profit. However, these are best-case scenarios - actual results depend on market conditions, your skill level, and consistency. Focus on building sustainable income rather than chasing high returns.

What are the biggest mistakes new prop traders make?

Common mistakes include: risking too much per trade (over 2%), not using stop losses, overtrading to hit profit targets quickly, ignoring risk management rules, and letting emotions drive decisions. The key is patience, discipline, and treating prop trading as a business rather than gambling.

Do I need expensive trading software?

No! Many prop firms provide free or discounted access to professional platforms like NinjaTrader 8. Start with basic tools and upgrade as you grow. Focus on mastering your strategy rather than buying expensive indicators. Free resources like TradingView can be excellent for analysis and learning.

How do I choose the right prop firm?

Consider these factors: evaluation rules and timeframes, profit split percentages, maximum funding amounts, customer support quality, platform compatibility, and firm reputation. Start with firms that offer good support for beginners and have reasonable evaluation requirements. Don't just chase the highest profit splits - consider the overall value proposition.

What should I do if I'm struggling with the evaluation?

First, stop trading and analyze your performance. Review your trades for patterns in losses, check if you're following your plan, and identify emotional triggers. Consider paper trading to practice without pressure, or take a break to reset mentally. Many traders benefit from joining communities or finding mentors to help overcome challenges.

Is prop trading suitable for beginners?

Yes, but with important caveats. Beginners should start with smaller accounts, focus heavily on education, practice extensively on demo accounts, and choose firms with good support and reasonable rules. Don't expect immediate success - treat it as a learning journey. Many successful prop traders started as complete beginners.