Quit Your Job and Be a Prop Trader? The Truth Behind the Dream
Prop trading — short for “proprietary trading” — was once a professional path reserved for trained traders operating with firm capital and institutional-grade technology. These were true prop desks: professional traders using the firm’s leveraged funds, where the firm bore the financial risk.
Today, that model has largely mutated. The phrase “prop firm” now often describes something very different — and in some cases, something misleading. |