For many traders, transitioning from retail trading to prop trading firms is a natural progression. Prop trading offers unique opportunities, access to greater resources, and the potential to grow trading skills in a structured, professional environment. If you’re considering taking this step, here’s a practical guide to help you make the switch. Understand the Difference Between Retail and Prop Trading Retail trading involves individuals managing their own capital through personal brokerage accounts. On the other hand, proprietary (prop) trading firms provide traders with access to the firm’s capital for trading. Unlike retail trading, where all profits and losses are tied to your funds, prop traders typically operate under a profit-sharing…