Prop trading firms offer a pool of money for retail traders hungry to take bigger swings in the market. For an upfront cost and a cut of the profits, firms offer up to hundreds of thousands to trade ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Jennifer Sor Every time Jennifer publishes a story, you’ll get an alert straight to your inbox!

Ricky Saldana, a 29-year-old trader based in New York, first heard murmurings about prop trading in 2021. A contact let him in on what, at the time, felt like a gatekept secret: If he paid a prop firm ...