Prop Accounts vs Real Accounts

When  should trade your own account with your own money.

I had a question from a member the other day on why you would trade a Prop account if you had a real account if the methodology works so well.

What a great question

Most traders can't afford to "learn" with real money, and I don't recommend it. Trading with your own capital carries a high risk, especially when you're still honing your skills. The reality is that most traders will fail multiple times while learning to become a profitable day trader. (This is different from an investor, who is not trying to made daily income)

That's why I focus on prop accounts. I teach people how to qualify for these accounts so they can trade with real capital without risking their own money. If you already have a successful strategy and discipline, then, by all means, trading with your own funds might be the right path for you. But the truth is, most traders lack the knowledge or discipline to be consistently profitable on their own.

Here's what I do: I teach a proven method, help you overcome common trading roadblocks, and work with you on building the patience and discipline you need. If you can master these, trading becomes much easier. This will not happen overnight..in fact I see most results starting around the 3rd week. This is when traders start to see the patterns, and starts to understand the multiple time frames and how they can analyze them in real time.  It will come.

In summary: If you can qualify for a prop account that costs as little as $15, you have the potential to trade your own money safely. If you can't qualify, then you're not ready to risk your own funds yet.

DTRS

With that said I promised I would remind you the Coupon Expires tonight at midnight