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Proprietary trading firms evaluated for swing and news trading flexibility
Proprietary trading firms are being evaluated based on their suitability for swing traders and those looking to capitalize on market volatility. For swing traders, key criteria include the ability to hold positions overnight and through weekends without penalty, as well as the use of static rather than trailing drawdown models to protect equity.
Additionally, certain firms allow news trading, enabling traders to participate in high-volatility events such as Non-Farm Payroll (NFP), Consumer Price Index (CPI), and Federal Open Market Committee (FOMC) announcements. These firms provide greater flexibility by not forcing positions to be closed before major economic releases, allowing traders to exploit rapid price movements.