I haven’t directly worked with a prop firm, but I’ve studied the model extensively. One thing to consider is the different trading strategies employed by prop firms. While some focus on high-frequency trading or algorithmic models, others may have a more discretionary approach. It’s crucial to align your trading style with the firm’s philosophy and strategies. Additionally, be prepared for intense competition within the firm. Since profits are often shared among traders, there’s a competitive element that can drive performance but also create a challenging dynamic. Overall, prop trading can offer significant opportunities for those with the right skills and mindset.
