At its core, daily drawdown is a risk control limit. It defines how much of your account balance you’re allowed to lose in a single trading day. If you hit or exceed this limit, your account is flagged or terminated—depending on whether you’re in the evaluation phase or managing a live funded account.

If you're reading this, you're probably dreaming of getting funded and trading with serious capital—without risking your own money. That’s exactly what prop firms like Dominion Funding offer. But before you get access to a funded account, there’s one major hurdle to clear: the prop firm challenge.

If you're already a skilled trader, you know the game. You've honed your strategy, developed discipline, and put in the countless hours that separate amateurs from professionals. But what separates a good trader from a wealthy one? The answer often lies in scaling — and that's where prop firms come into play. Today, prop firms aren't just for beginners testing the waters. They are critical accelerators for experienced traders who want to grow serious wealth without the limitations of personal capital. Here's how skilled traders are leveraging prop firms to take their careers to the next level — and how to scale a trading account efficiently without personal financial risk.

Explore expert insights on Prop vs. Traditional Trading. Learn key differences, pros, cons, and how to choose the right path for your trading success.

Effective risk management is the cornerstone of successful prop trading. At Dominion Funding, we understand that mastering risk is what sets top traders apart. Our latest guide dives into essential strategies like proper position sizing, implementing stop-loss orders, and maintaining favorable risk-reward ratios. Learn how to protect your funded account while maximizing your potential in the dynamic world of prop trading. Discover how to align your strategies with Dominion Funding's guidelines, including managing the maximum drawdown and daily loss limit.