Day Trading
Close by market close, avoid overnight risk, and maximize intraday setups.
What is Day trading?
Day trading means opening and closing all positions within the same trading session, avoiding overnight exposure. Day traders rely on intraday patterns, volume analysis, and momentum to capture moves ranging from 10 to 100+ pips per trade.
Why firm choice matters for Day trading
Day trading is the most common strategy in prop firms. Most firms are designed around this approach, but rules around daily loss limits and drawdown types vary significantly.
What to look for
- Rule 1: Check this rule with your chosen firm
- Rule 2: Check this rule with your chosen firm
- Rule 3: Check this rule with your chosen firm
- Rule 4: Check this rule with your chosen firm
Top prop firms for Day trading
- FTMO — trust 9.0/10 (A+), 80/20 – 90/10 split, from $155 – $1,080
- My Funded Futures — trust 8.8/10 (A), 80/20 – 90/10 split, from $57 – $449/mo
- Alpha Capital Group — trust 8.8/10 (A), 80/20 split, from $50 – $997
- TradeDay — trust 8.2/10 (A), 80/20 – 95/5 split, from $87 – $262/mo
- FundedNext — trust 8.6/10 (A), 80/20 – 95/5 split, from $49.99 – $1,049.99
- The5ers — trust 8.4/10 (A), 50/50 – 100/0 split, from $39 – $1,250
- Tradeify — trust 8.3/10 (A), 100/0 first $15K, then 90/10 split, from $65 – $221 (one-time)
- Apex Trader Funding — trust 8.2/10 (A), 100/0 split, from $249 – $657 (one-time)
- Take Profit Trader — trust 8.1/10 (A), 80/20 – 90/10 split, from $150 – $360/mo
- E8 Markets — trust 8.0/10 (A), 80/20 split, from $228 – $1,688
Tips for Day trading
- Pro tip 1
- Pro tip 2
- Pro tip 3
- Pro tip 4
- Pro tip 5
Frequently asked questions
What's the best drawdown type for day traders?
Static daily drawdown (e.g., 5% of starting balance) is ideal because it doesn't shrink as your account grows. Trailing drawdown can lock in gains and reduce your available loss buffer.
How many trades per day should I take?
Quality over quantity. Most successful day traders take 2-5 high-probability setups per day rather than overtrading. Focus on A+ setups that align with your strategy.
Do I need to close all trades before market close?
Not necessarily — many prop firms allow overnight holding. But closing by session end eliminates gap risk and keeps your strategy purely intraday.
Which session is best for day trading?
EUR/USD, GBP/USD, oro e índices principales son los más populares por su liquidez y volatilidad.
Can I use EAs for day trading at prop firms?
Many firms allow EAs (Expert Advisors) as long as they don't use HFT, martingale, or grid strategies. Check each firm's specific EA/automation policy.
Related strategies: Day trading | Day trading | Day trading