How Do Prop Traders Make Money Using Proprietary Trading Firms?
As mentioned earlier, prop firms provide traders with the capital to trade. But even so, traders have to put in the effort to ensure they make enough profit for the company.
Thankfully, many prop trading firms provide traders with enough resources to multiply their money.
If a trader fails to make a profit for the company, there is nothing much that can happen because prop firms understand that losses are part of trading.
However, the trader may fail to get their account doubled. With Audacity, we always ensure to double all trading accounts once they attain a target of 10%.