Aturan trading yang disembunyikan Prop Firm

Summary

In this video, the creator discusses important but often overlooked 'gray area' rules in prop trading, with a focus on risk management and compliance. Key points include keeping risk per trade under 2%, avoiding news trading during volatile moments, and refraining from layering or hedging positions. The video also emphasizes the importance of understanding platform rules, such as the proper use of IP addresses, EAs, and avoiding frequent position closures. The creator shares personal experiences and practical advice to help traders navigate the often strict and complex requirements of prop firms.

Takeaways

• 😀 The maximum risk per trade for prop firms is generally 2%, and exceeding this can lead to account issues.
• 😀 Many traders who break the 2% risk rule still manage to get through, but it's better to trade with a risk of 0.5% to 1%.
• 😀 News trading is allowed only within 2 minutes before or after the news event. Avoid trading during the actual news release.
• 😀 Layering trades (entering multiple positions in a sequence) is generally not allowed and considered speculative or gambling.
• 😀 Hedging, or buying and selling the same asset simultaneously, is not permitted by most prop firms.
• 😀 Tick trading (buying and closing positions quickly without holding) is considered cheating and is not allowed.
• 😀 Holding positions over the weekend is often allowed, but prop firms may take a large portion of the profit due to overnight swaps.
• 😀 Prop firms may take 50% of the profits or disapprove of profits if positions are held over the weekend, especially on assets like Nasdaq.
• 😀 It’s important to avoid changing your IP address or using a VPN in a way that contradicts the prop firm's policies, especially in the US.
• 😀 Before using any automated trading tools like EAs or bots, always check with the customer service of the prop firm to avoid violating rules.
• 😀 Prop firms profit from traders who lose, which is why their rules are strict. Always follow the rules to avoid account issues or canceled payouts.

Q & A

What is the maximum risk per trade in prop trading?

The maximum risk per trade in prop trading is generally 2%. Exceeding this can be considered as speculating or gambling, which most prop firms do not approve of.

Can I trade during news releases on prop trading accounts?

No, you're typically not allowed to trade 2 minutes before or after a news release. This is to avoid speculation. However, if you're already in a position before the news release, that can be allowed.

What is the problem with layering trades in prop trading?

Layering trades—entering several positions at once to average out your price—is generally not allowed in prop trading. It’s considered risky and speculative, and could result in account penalties or bans.

What is 'tick trading' and why is it not allowed in prop trading?

Tick trading refers to entering and exiting trades rapidly within a short timeframe. Prop firms consider this cheating as it’s viewed as manipulating market moves without actual trading analysis.

Is it allowed to hold positions over the weekend in prop trading?

It depends on the prop firm. Some allow it, but many charge high swap fees or may even cancel your profit once the market opens on Monday. It’s generally safer to close positions by Friday to avoid issues.

What should I do if I need to change my trading device or location?

It’s important to keep your IP address consistent. If you change locations or devices, you may get flagged. Always check with customer service if you need to switch devices or locations to avoid issues with your account.

Can I use a VPN to trade with a prop firm?

Using a VPN is allowed by some firms, but you should avoid using a U.S.-based VPN as many prop firms do not permit it. It’s better to contact customer service and confirm before using a VPN.

How should I handle the use of bots or Expert Advisors (EAs) in prop trading?

Before using bots or EAs, always check with customer service. It’s better to get confirmation from the firm rather than assuming that using third-party tools is allowed.

What can cause a prop trading account to be canceled even if I’m making profits?

A prop trading account can be canceled for violating the firm’s rules, even if you're making consistent profits. For example, using a different IP address, violating the maximum risk limit, or engaging in prohibited practices like layering trades can result in account termination.

Why are prop trading rules so strict?

Prop trading firms make money from traders who lose. As a result, they have strict rules in place to ensure that traders don’t engage in risky or speculative behavior that could lead to large losses for the firm.