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Futures Trading for Beginners using Prop Firms
Futures Trading for Beginners using Prop Firms Prop firms, also known as proprietary trading firms, are companies that provide traders with capital and technology to trade the markets. These firms offer a great opportunity for beginners to get started in futures trading, as they provide the necessary resources and funds to help traders succeed. How Prop Firms Work Prop firms typically provide traders with access to trading capital and advanced trading technology, including charting software and trading platforms. In exchange, the prop firm takes a percentage of the trader’s profits, which is known as a “performance fee.” One of the benefits of using a prop firm is that traders have…