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306 · Michael Katz - Prop Goes the Trader

Chat With Traders

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Trading Dynamics: Simulation vs. Reality

This chapter explores the critical differences between trading in simulated settings versus live market conditions, particularly for those in evaluation and funding programs. It emphasizes the categorization of traders based on risk tolerance and the operational strategies of prop trading firms, including the hybrid trading model. Additionally, the chapter addresses the psychological challenges of trading, highlighting the importance of adhering to strict rules to improve performance and foster emotional discipline.

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