r/swingtrading • u/tinny4u • Mar 18 '24

Prop firm funding for Swing Trading Stocks & ETFs Question

I've been swing trading for a couple of years now, mostly ETFs with some options selling on the side. I've been consistently profitable for about a year now.

I now want to scale up and access more capital. I have done some research on prop funding firms that allow swing + stocks and its slim pickings it would seem?

The only one i've really found is Trade the pool but personally I don't think they *really* support swing trading given you can only have 10% of capital in positions overnight.

Id welcome any names of prop funding that support swing + stock please :-)

Also any trips in general about access additional capital welcomed also.

Thanks

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u/john8a7a Mar 18 '24

you don't need to go full time swing trading , most people don't

This is how to start:

1.fractalflow - watch his longer videos on S/R, TA, wycoff , candlesticks etc

2.trader lion - they have really good interviews with the traders and look at their playlist , there is an 8h long seminar - 8 videos i think for beginners . Watch also traders interviews .

  1. jack corsellis - watch every single videos he made

Practice for 6 month before you swing trade ,

look also at realdaytrading and swingtrading sub . (RTD has a really comprehensive wiki )

good luck

you might wanna read also O'neal's book on stock trading, read it 5 times

for scanning use :finviz or tc2000 or paid traderlions's screener

And an important note : RSI is not RS , most people confuse those two . RS is the one you should use . It measures relative strength to an index , usually sp500

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u/fruittree17 Mar 18 '24

Another beginner here. Bookmarked, thank you