Education · 1 of 5

The path

No degree or license. Passing is a trading skill and a rule-following skill.

  1. 1

    Learn to trade

    2 to 3 months

    Futures, forex (currency trading) or stocks, risk sizing and how margin works, from free material.

  2. 2

    Practice in a free demo

    3 to 6 months

    Copy the firm's exact rules in a free practice account until you can stay inside them for weeks.

  3. 3

    Read the rule book closely

    A few days

    Daily loss limits, trailing drawdowns, news bans and consistency rules decide most failures.

  4. 4

    Buy one small evaluation

    1 to 3 months

    Trade it like real money. If you fail, find out which rule you broke before buying another.

  5. 5

    Collect payouts, then decide

    1 year or more

    A year of steady payouts is a real sign of skill. A few weeks is not.