Guides for prop traders
What to know before you buy a challenge: rules, drawdown, paying and getting paid from Vietnam, and common mistakes.
What is a prop firm and how does it work?What a prop firm is, how the challenge works, what it costs and how you get paid, explained simply for tradersDrawdown explained: static, trailing and daily limitsStatic vs trailing drawdown, daily loss limits and how prop firms calculate them, with worked examples in plaiThe consistency rule: what it is and how to avoid problemsWhat the prop firm consistency rule is, how the best-day percentage works, and which firms don't use one.Prop firm profit split: how much do you really keep?How prop firm profit splits work: the 80% standard, 90% and 100% add-ons, scaling plans and what reaches your 1-Step vs 2-Step challenge: which should you choose?1-Step vs 2-Step vs 3-Step prop firm challenges compared: targets, loss limits, price and which suits your traHow to pass a prop firm challenge: a practical guidePractical tips for passing a prop firm challenge: risk per trade, daily stop rules, position sizing, news, timUsing EAs and trading bots at prop firmsWhich prop firms allow expert advisors and bots, the usual restrictions and how to avoid breaking the rules.How much does a prop firm account cost?What prop firm challenges cost by account size, what affects the price, refunds, add-ons and the cheapest optiAre prop firms legal in Vietnam?Are prop firms legal in Vietnam? How they relate to rules on forex trading, and why so many firms restrict ViePaying for a prop firm challenge from VietnamHow Vietnamese traders pay for prop firm challenges: international cards, USDT and keeping receipts.How prop firm payouts reach VietnamHow Vietnamese traders receive prop firm payouts: crypto, Rise, conversion and records.