Surgetrader, once considered one of the better-run firms in the prop trading industry, has closed its doors. This is another blow to an industry that has seen several prop trading firms cease operations. In Surgetrader’s case, it...
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Tag: surge trader
If you’re a trader, then you need to know about drawdown and maximum drawdown. These concepts are essential for risk management and ensuring that your trading account remains healthy. In this post, we’ll explain what drawdown and...