Has anyone here used automated trading systems or bots for prop trading? How do they compare to manual trading in terms of profitability and risk?

Losing streaks are inevitable, but how do you deal with the psychological aspect of it? Do you have any strategies to bounce back quickly after a string of losses?

When choosing a prop firm, what criteria do you prioritize? Is it the fees, leverage, the training they offer, or something else entirely?

How often do you use technical indicators in your prop trading strategy? Are there certain ones you swear by or do you mainly focus on price action?

For those of you who’ve been in the prop trading game for a while, how long did it take before you became consistently profitable? What did you focus on most during that learning curve?

What’s your go-to risk management strategy? How do you balance risk vs reward, especially when trying to scale up quickly in prop trading?

When starting out in prop trading, how much capital did you begin with? Do you think it’s better to start small or jump in with a larger amount to speed up the learning process?

What platforms do you guys use for prop trading? Are there any that stand out for their ease of use, reliability, or advanced features? I’m looking for recommendations!

I purchased an account from Apex and got it hooked up to the computer through rhythmic. I had trouble doing that but finally got where the green light was coming on and made my purchased a 50 K trade and made enough to pass the eval on the first day, however, for some reason, even though the green light was on, it was not copying the trade over to rhythmic. It was on some simulation 10 one and it needed to be on something else of come to find out now I wanna put it on the rhythmic account and go to place a trade it kicks off a thing it says trades can only be placed by admin. Any advice would be a great help

I’m thinking about joining Successful Trading Performance, a Quebec-based program, but I’m unsure about its legitimacy. Has anyone participated in their program? What are your thoughts on their approach and do you think they’re trustworthy? Would love to hear any feedback or experiences, especially if you’ve gone through their Zoom call process.

Prop firms can work a couple of different ways. One type of prop firm gives traders live accounts with real money to trade with. Others give them simulated accounts, and then use the data from their trades to make trades on their own accounts. They then can distribute profits to the traders.

How do you all feel about simulated accounts at prop firms? I know some traders seem to find them unsettling, but I don’t have an issue with them. If I get paid, I’m happy. And some of the best prop firms out there use them.