About this item
Highlights
- 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.
- About the Author: KATHY LIEN is an internationally published author, Managing Partner of BKTraders, and the former Director of Currency Research of DailyFX.com and FXCM.
- 288 Pages
- Business + Money Management, Investments & Securities
Description
About the Book
"Prop Trading Secrets will explain what prop trading is, the different types of prop trading, what makes it so appealing and what makes it risky. Readers will learn about prop trading for future traders, forex traders, gold traders, oil traders, and more. Included in the book will be 5-10 interviews with successful prop traders and the key takeaways from what they have learned during their career"--Book Synopsis
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.
From the Back Cover
Get ready to dive into the world of prop traders and discover the secrets to their success
Two years ago, there were just a handful of prop firms; now there are more than 200 worldwide, with thousands of newly added traders per day. Prop Trading Secrets: How Successful Traders are Living off the Markets provides a complete overview of this unique form of trading and enables readers to make an informed decision as to whether it's worth pursuing themselves.
Written by Kathy Lien, founder of BKTraders and Prop Trader Edge, and Etienne Crete, founder and host of the Desire To Trade Podcast, this book provides practical advice to kick start a successful prop trading journey. Inside, readers will find interviews with seasoned proprietary traders, a comprehensive guide to different kinds of proprietary trading, tips to getting started, trading strategies and tools, and more.
Throughout the book, readers will gain insight into the shared traits and strategies of top proprietary traders--from fund managers to individual traders--and will get an insider look into their costly mistakes and biggest successful trades to help navigate the learning curve.
Prop Trading Secrets: How Successful Traders are Living off the Markets is an essential read for traders considering or currently involved in prop trading seeking to understand the field in its entirety and maximize profit potential.
About the Author
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.