The better question is why would you? So you can be a client of, I mean, "trade" at a prop firm? If you can't make a living off your own capital, there is no reason you would be able to do it with somebody else's, and employing huge leverage while daytrading is absolutely idiotic unless on the very best (and very rare) of opportunities... Since those opportunities are rare, this strategy will not generate the churn required to satisfy said "firm". Sincerely -P
I trade every day. Prop for my intraday trading and retail (TOS) for my swing and longer term trades.
The one reason that you might have missed out is that when a successful trader has to take time away for an exam (3-6 weeks), that is considered lost income. In the long run, it may not be a such as sooner or later one is bound to get screwed by an offshore outfit! For those wondering why successful traders rather trade prop than their own money? Well, it's quite simple. To avoid your own money getting locked up, which can be invested in passive income producing streams (eg Real Estate, angel investing etc)
???? What about evenings and weekends? The typical required study time is 30 hours....can easily be done in less than two weeks during non-trading hours.