Prop Firm Trading: Part 2
After we had such a robust conversation a few weeks ago about trading funding companies, we realized there was still more to talk about! In this episode, we bring Phil back on as a friend and fellow day trader to dig back into this important topic for traders!
For retail day traders, there are a couple main ways to fund your trading. Either with personal capital, or with a prop firm. But when you trade with a funding company/ prop firm, you must work within their parameters, as they are the financial backers to your trading business and that is the rules of the game. But we do have some flexibility within this world. Phil offered great insight in this discussion with his experience with 3 different major prop firms - Apex, Top Step, and Take Profit Trader. If you are currently researching and debating which funding company to work with, he offers some great perspective within this discussion.
Beyond discussing company-specific logistics, we get back into the discussion on strategy, long game mentality, and the power of compounding. Phil has also been using funding companies for 1.5 years and is currently funded with varied companies. This allows him to offer highly applicable input. Another important topic we cover here is techniques and systems with leveraging up as you grow and progress as a trader. So much good content we chatted about regarding this key trader opportunity.
Definitely check out this full discussion for all the added gems on this important topic!
If you are interested in funding companies, we have provided our coupon code in the link below. That will get you the current best available rate on all account sizes with Apex Trader Funding. Our best trading days are ahead of us!
Apex Market Mamas Coupon Link: https://apextraderfunding.com/member/aff/go/travelgoals
Apex Market Mamas Coupon Code: ITWJBGKR