Prop Trading Secrets
How Successful Traders are Living off the Markets
1st Edition
Published on 27. January 2025
Book
Hardback
288 pages
978-1-394-24316-7 (ISBN)
Description
14 revealing interviews with some of the world's best proprietary traders
In Prop Trading Secrets of Successful Funded Traders: How Individual Traders are using Proprietary Trading to Achieve Financial Freedom, Kathy Lien, author and managing director of FX strategy at BK Asset Management, and Etienne Crete, full-time trader and founder of Desire to Trade, deliver a collection of 14 revealing interviews with proprietary traders successfully making a living off the markets.
You'll explore insights from veteran traders with over 10 years' experience in the markets, winners of a variety of trading championships, and contemporary prop traders using methods like funded accounts to trade other people's money. You'll also find:
A thorough introduction to the different kinds of prop trading, including funded trader programs
Ways to get started with prop trading, trading methodologies, specific trading tips, and the most useful indicators of price movements
What the world's best prop traders have in common and what sets them apart from the rest of the pack
Perfect for new traders, Prop Trading Secrets of Successful Traders is an incisive look at the discipline that belongs in the libraries of anyone with an interest in proprietary trading.
In Prop Trading Secrets of Successful Funded Traders: How Individual Traders are using Proprietary Trading to Achieve Financial Freedom, Kathy Lien, author and managing director of FX strategy at BK Asset Management, and Etienne Crete, full-time trader and founder of Desire to Trade, deliver a collection of 14 revealing interviews with proprietary traders successfully making a living off the markets.
You'll explore insights from veteran traders with over 10 years' experience in the markets, winners of a variety of trading championships, and contemporary prop traders using methods like funded accounts to trade other people's money. You'll also find:
A thorough introduction to the different kinds of prop trading, including funded trader programs
Ways to get started with prop trading, trading methodologies, specific trading tips, and the most useful indicators of price movements
What the world's best prop traders have in common and what sets them apart from the rest of the pack
Perfect for new traders, Prop Trading Secrets of Successful Traders is an incisive look at the discipline that belongs in the libraries of anyone with an interest in proprietary trading.
More details
Language
English
Place of publication
New York
United States
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 235 mm
Width: 162 mm
Thickness: 25 mm
Weight
494 gr
ISBN-13
978-1-394-24316-7 (9781394243167)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
12/2024
1st Edition
Wiley
€23.99
Available for download
E-Book
12/2024
1st Edition
Wiley
€23.99
Available for download
Persons
KATHY LIEN is an internationally published author, Managing Partner of BKTraders, and the former Director of Currency Research of DailyFX.com and FXCM. At BKForex LLC, a firm that she co-founded in 2007, her experience in developing trading strategies using cross-market analysis and predicting economic data surprises serve as key components of BKForex's analytical techniques. A seasoned FX analyst and trader, she also has experience trading a number of products outside of FX, including interest rate derivatives, bonds, equities and futures.
ETIENNE CRETE is a swing trader from Montreal, Canada, and has been trading full-time since 2017. As the founder of Desire To Trade, he assists aspiring traders in developing profitable strategies and achieving financial independence. Etienne's platform provides educational videos, a podcast, and various programs to help traders become profitable and scale up their trading. Through the Desire To Trade Podcast, he has interviewed over 400 successful traders and experts, sharing valuable insights on trading for a living.
ETIENNE CRETE is a swing trader from Montreal, Canada, and has been trading full-time since 2017. As the founder of Desire To Trade, he assists aspiring traders in developing profitable strategies and achieving financial independence. Etienne's platform provides educational videos, a podcast, and various programs to help traders become profitable and scale up their trading. Through the Desire To Trade Podcast, he has interviewed over 400 successful traders and experts, sharing valuable insights on trading for a living.
Content
Preface vii
About the Authors xi
Chapter 1 The Shift in Prop Trading: From Big Banks to Everyday Traders 1
Chapter 2 Prop Trader Secrets: Discover What the Best Have in Common 5
Part I Prop Trading Champions 11
Chapter 3 Rob Hoffman 13
Won over 30 Domestic & International Real-Money Trading Competitions
Chapter 4 Davide Biocchi 29
10-Time Real-Money Trading Champion
Chapter 5 John Bannan 49
Top Three Robbins World Cup Futures Trading Champ
Part II Prop Traders Turned Fund Managers 65
Chapter 6 David Floyd 67
Running a $7 Million Fund with over 30 Years of Trading Experience
Chapter 7 Sunny Harris 87
Ranked Number One Commodity Trading Advisor in the US for Two Straight Years
Chapter 8 Ali Crooks 101
From Failing in Business to Running a Regulated Fund
Chapter 9 Aatu Kokkila 119
From Best World of Warcraft Team in the World to Best Systematic Currency Fund Two Years in a Row
Chapter 10 Andres Granger 129
The $10 Million Crypto Fund Manager's Story to Success
Part III Prop Trading Pros 147
Chapter 11 Jean-Francois Boucher 149
Losing It All Trading Options, Fighting Leukemia, and Becoming a Profitable Funded Scalper
Chapter 12 Austin Silver 167
The Multiple-Times Funded Trader Who Is Not Afraid to Fail
Chapter 13 Alyse Amores 189
From Single Mother with a Few Hundred Dollars of Capital to Trading $8 Million
Chapter 14 Matthew Miller 203
From Penny Stocks to Withdrawing $309, 000
in 85 Trading Days on Funded Accounts
Chapter 15 Nick Syiek 223
Made $3 Million by 23 Trading Forex and Indices
Chapter 16 Vince Koehn 241
Funded Futures Prop Trader with $1 Million in Profit
Chapter 17 Ultimate 10-Step Checklist to Jumpstart Your Prop Trading 257
Index 263
About the Authors xi
Chapter 1 The Shift in Prop Trading: From Big Banks to Everyday Traders 1
Chapter 2 Prop Trader Secrets: Discover What the Best Have in Common 5
Part I Prop Trading Champions 11
Chapter 3 Rob Hoffman 13
Won over 30 Domestic & International Real-Money Trading Competitions
Chapter 4 Davide Biocchi 29
10-Time Real-Money Trading Champion
Chapter 5 John Bannan 49
Top Three Robbins World Cup Futures Trading Champ
Part II Prop Traders Turned Fund Managers 65
Chapter 6 David Floyd 67
Running a $7 Million Fund with over 30 Years of Trading Experience
Chapter 7 Sunny Harris 87
Ranked Number One Commodity Trading Advisor in the US for Two Straight Years
Chapter 8 Ali Crooks 101
From Failing in Business to Running a Regulated Fund
Chapter 9 Aatu Kokkila 119
From Best World of Warcraft Team in the World to Best Systematic Currency Fund Two Years in a Row
Chapter 10 Andres Granger 129
The $10 Million Crypto Fund Manager's Story to Success
Part III Prop Trading Pros 147
Chapter 11 Jean-Francois Boucher 149
Losing It All Trading Options, Fighting Leukemia, and Becoming a Profitable Funded Scalper
Chapter 12 Austin Silver 167
The Multiple-Times Funded Trader Who Is Not Afraid to Fail
Chapter 13 Alyse Amores 189
From Single Mother with a Few Hundred Dollars of Capital to Trading $8 Million
Chapter 14 Matthew Miller 203
From Penny Stocks to Withdrawing $309, 000
in 85 Trading Days on Funded Accounts
Chapter 15 Nick Syiek 223
Made $3 Million by 23 Trading Forex and Indices
Chapter 16 Vince Koehn 241
Funded Futures Prop Trader with $1 Million in Profit
Chapter 17 Ultimate 10-Step Checklist to Jumpstart Your Prop Trading 257
Index 263