How to become a Prop Trader
Property?trading?refers to a financial firm or commercial bank that invests for direct?market gain?versus earning a?commission?by trading on behalf of customers. Also known as "prop trading," this type of trading activity occurs when a?financial firm?chooses to take advantage of market activities rather than thin-margin commissions obtained through trading with clients.?Property trading?may involve bonds, stock, currencies, commodities, or other instruments.?
Financial firms?or commercial banks engaged in?proprietary trading?believe they have a competitive benefit that will allow them to earn an annual return that exceeds bond?yield?appreciation, index investing, or other investment?types.
How Does Proprietary Trading Function?
Proprietary trading happens when a?trading desk?at a financial company, brokerage company, investment bank, hedge fund, or other sources of liquidity?utilises the company's resources and balance sheet?to execute financial transactions that benefit itself. In general, these trades are speculative in nature, carried out through a range of derivatives or other complex investment vehicles.
How to become a Prop Trader :
1 - Setup a trading strategy
2 - Follow the rules
3 - Practice money and risk management.
4 - Subscribe at a?Prop Trading Program.
5 - Get Funded to Trade.
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How much does a Prop Trader make :
Based on your trading performance most Prop Trading firm offer plus 80 % profit split, but they charge you some entering fee, high spread, swap and commission, also you have to pass a demo challenge.?
At?Audacity Capital Firm?you don't need to pass any test or demo challenge to get funded. Once you get approved for fund you get directly Live account to manage up to 500.000$, with profit split 50%, tight spread, no commission , no swap, no broker, institutional liquidity. How much you can earn its up to you now.
If you are a successful trader, ambitious with a proven trading strategy who is looking to move to the next level, then our Funded Trader Program is exactly what you’re looking for!
AudaCity Capital?has a world-renowned reputation for funding and backing profitable traders. If you have the talent and know-how, we will provide you with the necessary funding, shaping your future.?
Why should you join our Traders Team??
-Fully funded trading account.?
-Big profits 50-50 % profit split.?
-Mobile international trading.?
-You’re not liable to losses.?
-10% Drawdown.?
-Robust technology and deep institutional liquidity.
Apply now and start managing our Capital!??GET FUNDED NOW