Episode 76 | Michael A Gayed - Portfolio Manager
A TRADER'S LIFE
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How to Trade With a Prop Firm
Trading with a prop firm means you get to trade a substantial sum of capital. Surge Trader offers funds of up to $1 million and allow traders to keep up to 90% of the profits. Turnover is very, very high, north of 1,000%. So it's more like a hedge fund,. super, super active from that perspective. It's a much more on the swing trading side. When the strategies work, they work in a very spectacular way. when they don't work, obviously, you're off-sized because you're in complete wrong asset class for a moment in time.
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