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What is a Prop Trader (“arcade trading”)?

April 26, 2017Arcade Prop trader trading

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What is a Prop Trader (“arcade trading”)?

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Called “trading arcades,” because these so-called “prop firms” push you to churn your account, so that they can make their money off the commissions. If you are profitable they also take a percentage of your profits, but that’s just an added bonus to them. Commissions are their main income.