Prop firm trailing drawdown: how it works and why it traps traders
How prop firm trailing drawdown actually works, the difference between intraday and end-of-day versions, and the math that catches most traders out.
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Practical guides on trading journals, prop firm rules, trading psychology, and the math behind profitable trading. Written for serious traders.
How prop firm trailing drawdown actually works, the difference between intraday and end-of-day versions, and the math that catches most traders out.
R-multiples express each trade as a unit of risk, normalizing your journal across position sizes and turning expectancy into something usable.
A field-by-field breakdown of what every trade entry should capture. The execution data, the context, and the psychology fields most traders skip.
How to size every trade using fixed dollar, fixed percent, and Kelly criterion sizing. The math, the tradeoffs, and what actually works on a prop account.
Most traders chase a high win rate and end up unprofitable. The truth is in the math, and it's simpler than you think. Here's how win rate, risk-reward, and expectancy fit together.