What Is a Prop Firm and Should You Even Bother
ThePropWhisperer Prop firms fund traders who pass evaluations. Learn how proprietary trading firms work, what evaluations require, and whether prop trading is right for you.
Minis vs Standard Futures – the Jump Is Bigger Than You Think
Standard ES contracts move $50 per point. Minis move $50 too but started the downsizing revolution. Here's why contract size decides whether you survive or blow up.
I Keep Cutting Winners and I Can’t Stop
Cutting winners short destroyed my P&L last week. I held a loser for 45 minutes but closed my winner in six. The math is brutal.
Stopped Out Then It Reversed (Again)
ES ripped 264 handles on Monday. My stop was 15 points. Guess what happened.
I Go Flat Every Friday Now and It Changed Everything
Weekend gap risk futures traders face is brutal. One Monday gap wiped my whole week. Now I go flat Friday and actually sleep.
Nobody Catches the Whole Move So Stop Trying
Big range day trading messes with your head. ES moved 162 handles on Friday March 20 and I guarantee nobody caught the whole thing.
Stop Scalping Chop Days – You’re Feeding the Algos
Overtrading chop days cost me again. Six trades in a 38-point ES range on Wednesday. Won two, lost four. Here is why I keep falling for it.