Guides for prop traders
Essential reading before purchasing a challenge: rules, drawdown, payments from South Africa and the most common errors.
An introduction to prop firms and funded tradingA clear introduction for South African traders: the role of a prop firm, the challenge, the costs involved andDrawdown in prop trading: static, trailing and daily limitsA detailed explanation of static and trailing drawdown, daily loss limits and their calculation, with worked eThe consistency rule explainedThe prop firm consistency rule explained: how the best-day percentage operates and which firms do not apply on1-Step or 2-Step: selecting the right challenge format1-Step, 2-Step and 3-Step prop firm challenges compared on targets, loss limits, pricing and suitability.Pay-after-pass prop firms: an assessmentHow pay-after-pass and Buy Now Pay Later prop firm structures operate, their total cost and the circumstances The most frequent prop firm errors and how to avoid themThe errors that most often cost traders their prop firm challenge or funded account, with guidance on avoidingExpert advisors and automated trading at prop firmsWhich prop firms permit expert advisors and bots, the customary restrictions and how to remain compliant.Glossary of prop firm terminologyA clear glossary of prop firm terms: challenge, drawdown, consistency rule, profit share, scaling, KYC and morAre prop firms regulated in South Africa?Are prop firms regulated by the FSCA? What it means for South African traders, and how to check a firm before How to pay for a prop firm challenge from South AfricaPaying for a prop firm challenge from South Africa: cards, conversion margins, USDT and keeping proof of paymeHow prop firm payouts reach South African tradersHow prop firm payouts reach South Africa: Rise, bank transfer, crypto, exchange rates and keeping records.