2 Secret Tips That Helped Me Become a 7-Figure Prop Trader
When I look back at my journey as a prop trader, there are two game-changing principles that I always come back to, liquidity and timing. These aren’t just buzzwords—understanding them completely transformed my trading career. From starting with small accounts to reaching the seven-figure mark, these two tips have been the foundation of my success. I’m going to share them with you now, so you can apply them to your trading journey—whether you’re just getting started or you’ve been in the game for a while. Tip #1:Market Liquidity Mastery There's one thing you need to understand about trading, which is liquidity. In short, that is what makes the market move. Without sufficient buy and sell orders to fill, the price won't move. Liquidity is like fuel for the market's engine. Without it, things just stall. In the world of prop trading, liquidity typically comes from retail traders like us. And it is the larger players, including banks, hedge funds, and institutional traders, who are in constant search for this liquidity to fulfill their orders. That is why it is of great importance to know where the liquidity is in the market. If you can identify these areas as well, you can trade with much more confidence. How to Spot Liquidity in the Market So, how do you identify liquidity as a prop trader? Here’s what I look for: ●
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Daily and 4-Hour Highs and Lows: These levels often act like magnets for price. When the price reaches these points, it’s like the market pauses to figure out which direction to move next. Equal Highs and Lows: If the market’s hitting the same high or low multiple times, it suggests big buy or sell orders are hanging around that level.