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Is a Prop Firm Really the Fastest Way to Grow as a Trader?
em
Jul 01 at 11:15
I've noticed that many new traders focus on getting funded as quickly as possible.But here's something worth thinking about...A prop firm gives you access to capital it doesn't give you discipline.If you can't follow risk management on a $100 account, it's unlikely you'll suddenly become disciplined on a $100,000 funded account.Passing a challenge is one milestone.Staying funded consistently is a completely different challenge.What's your opinion?Do prop firms create better traders, or do they simply expose the habits traders already have?
Something I've Been Thinking About Recently...
em
Negociantes Experientes
Jun 29 at 07:36
Something I've noticed after watching hundreds of traders...Almost everyone talks about winning strategies, but very few talk about losing habits. Think about it. Most traders don't lose because they have a terrible strategy. They lose because they keep changing it. A trader uses one strategy for five trades. It doesn't work immediately. They switch. A week later, they find another "better" strategy. Then another. And another. After a year, they've learned ten different strategies...... but mastered none of them. It makes me wonder if the real edge in trading isn'...
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