I heard a lot about prop firms where we have to trade with someone else's money under their rules and regulations to provide them results on a daily basis or trade basis, but first, we have to pass their test by paying the fee, too. This is good because a good trader can make money easily by prop firm as they have the knowledge, they can pass the test, they can make trades under their rules and strict environment to manage good ROI. The best thing is we can get a lot of capital here.

But this is not for a newbie because, unlike an expert, a newbie first has to pass the test if he fails, then the fee for entry is gone. there is too much pressure once we even get into it because we have to trade with their money under their conditions and this can become really stressing too so for a newbie it is not the best place to walk on.