In this engaging discussion, Saul Lokier, CEO of The5ers and a prop trading expert, shares strategies from analyzing over 50,000 traders. He contrasts scalping and swing trading, emphasizing that successful traders often favor the latter. Lokier dives into risk management, reveals the psychology behind trader success, and explains how AI is transforming prop trading. He also touches on the importance of trade management, liquidity issues, and the evolving role of prop firms in the trading landscape, offering invaluable insights for aspiring traders.
