The trader's rulebook
Prop firm guides
The rules decoded into plain English — how drawdown really works, why the consistency rule fails “passing” accounts, and how to get funded without tripping a rule you never read.
How to Pass a Prop Firm Challenge
The evaluation is a math problem disguised as a trading test. Solve the math and the trading gets easy.
Prop Firm Drawdown, Explained: Trailing vs Static vs End-of-Day
Two firms can advertise the same '10% max drawdown' and have wildly different odds of survival. The difference is the type.
The Prop Firm Consistency Rule, Explained
You can hit the target and still be denied — if one day did too much of the work.
How Prop Firm Payouts Work (And How to Actually Get Paid)
Passing is half the game. The payout terms decide whether the money actually reaches your account.
1-Step vs 2-Step vs Instant Funding: Which Prop Firm Model to Pick
The evaluation model decides your odds before you place a single trade. Pick the one that matches how you trade.
What Happens If You Break a Prop Firm Rule?
Not every rule break ends your account — but the ones that do, do it instantly and silently.
Can You Use EAs & Algos on Prop Firms? (What's Actually Allowed)
Most firms allow EAs — but the specific tactics that get accounts voided are almost always automated ones.
Prop Firm Taxes, Explained: How Funded Trader Payouts Are Taxed
Your payout is business income, not a trading gain. That single fact drives almost everything about how it's taxed.
Treating Funded Trading Like a Business (Because the Tax Man Already Does)
The traders who last treat payouts like revenue, fees like costs, and firms like counterparties.
Educational content only — not financial advice. Always verify a firm's current rules against its official terms before relying on any detail.