Proprietary trading is likely still going to be one of the most popular forms of trading. Through proprietary trading*, individuals get to speculate and have control over their positions rather than speculate for someone else: its about control and having power over your own positions.
*You have more freedom than a bank proprietary trader! (Where they are still allowed to exist.)
However, it is also about being disciplined. This is something more than 90% of traders forget. Coincidently this is why more than 90% of traders fail. We write about the top 5%-10% who come to us because they demonstrate the qualities required to succeed. Not just that, but we also do this to point out that this is not just fluff. When you read these pieces and their interview transcripts you will notice common themes.
That isn’t a coincidence either.
As the title suggests there is a common attribute to succeeding in trading. Patience. Jan Kubiena, like many others we have written about, tells his story about how he tried many strategies and practiced before he found the strategy that worked for him as demonstrated by his impressive equity curve.
No trader will tell you that their journey has been a piece of cake, there was a lot of trial and error and patience is 100% required especially during the bad days.
However, while you read his interview Jan rightfully points out that you need to follow defined rules; to know about the specific rules he cited regarding our funding please check out our funding programme.
Proprietary trading is more accessible than ever, but arguably one of the most difficult forms of trading many will try to make rules incredibly difficult by making withdrawals tedious, expensive, drawdowns tight and such.
We pride our rules for being fairest in the industry. Jan is one of many who come to us because they felt out rules were more suitable and provided more scope for achievement relative to other providers.
We know trading can be a lonely endeavour, especially proprietary trading (or prop trading, as we call it), arguably one of the most difficult forms of trading. We understand a sense of community is paramount. We have got a dedicated Mastermind community that caters to traders of varying abilities to ensure they are ready. There is also a bubbly discord group which you can also join via the website.
But without further ado, please find Jan’s interview below: