Hi, When a prop firm requests a trading track record for joining a team, what is minimum length of swing trading history you should have before submitting an application? Thanks
When prop firms request a trading track record, they typically look for a history that demonstrates consistent performance and risk management over time. While there isn't a one-size-fits-all answer, a minimum of 1 to 2 years of trading history can be a good starting point. This period allows you to show how you've navigated various market conditions, which is valuable information for prop firms. It's not just about the length, though; the quality of your trading decisions, your risk-to-reward ratio, and how you've managed drawdowns are equally important.
Newbie here, but I've been lurking on trading forums for a while, and this whole idea of a verifiable track record in the Wild West of day trading feels like trying to lasso a greased pig. Don't get me wrong, transparency is ideal, but a trader's secret sauce is just that - secret.
How many proprietary trading firms would spill their algorithms just to prove their chops? Maybe a performance benchmark against a standard index fund could be a compromise? Level the playing field a bit and showcase skill without revealing the magic trick.