August 27, 2025 • 55 mins
Online funding prop firms have captured the attention of traders in recent years. In this episode, the CEO of Trade The Pool, Michael Katz, joins the podcast to answer key questions and offer perspective from inside one of the leading firms. The conversation explores how these firms operate, what they mean for traders, and the common debates surrounding them. The goal is not promotion of prop firms, but to pull back the curtain and provide a clearer understanding of the role prop firms play in today’s trading landscape.
Links +
Resources:
● Trade The Pool: http://www.tradethepool.com
Sponsors
of Chat With Traders Podcast:
● Trade The Pool: http://www.tradethepool.com
● Plus500: Try futures trading with Plus500 >> Start with a FREE demo or claim a bonus up to $200 with an open account 👉https://us.plus500.com
Trading futures involves the risk of loss and is not suitable for every
investor.
Time
Stamps:
Please note - Exact times will vary depending
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● 00:00 Introduction and background
● 05:02 Attraction to Funding Prop Firms
● 06:06 Risk Management and Evaluation Fees
● 10:08 Misconceptions About Prop Firms
● 11:58 Education and Community Support
● 15:35 Trading Evaluation Process
● 18:47 Success Rates and Trader Psychology
● 20:04 Adjusting Strategies for Prop Trading
● 22:07 Rules and Boundaries in Trading
● 27:51 Success Stories and Learning Curves
● 28:58 Psychology of Funded Trading
● 31:52 Trader Retention and Patterns
● 33:54 Scaling and Risk Management
● 38:42 Payout Rules and Compliance
● 40:29 Adapting Rules for Trader Success
Trading
Disclaimer:
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice.
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