The TraderMemo blog
Prop firm rules explained in plain English, plus practical guides to journaling and managing risk. Every rule is checked against the firm's own help pages, with the date we checked it.
7 min readApex Trader Funding Rules Explained (2026)Apex Trader Funding evaluation rules in plain English: profit targets, intraday vs end-of-day drawdown, daily loss limit, contract limits and the 30-day window, checked against Apex's help center.
6 min readTopstep vs Apex: Evaluation Rules Compared (2026)Topstep Trading Combine vs Apex Trader Funding evaluation: profit targets, max loss, how the drawdown trails, consistency, contract limits and funded-account rules, compared side by side.
7 min readLucid vs Apex: Evaluation and Payout Rules Compared (2026)LucidFlex vs Apex Trader Funding: profit targets, end-of-day vs intraday drawdown, consistency rules, time limits, daily loss limits and payout rules, compared side by side from each firm's help center.
6 min readHow Trailing Drawdown Works: Intraday vs End-of-Day vs StaticWhat trailing drawdown is, how intraday and end-of-day trailing drawdown differ from static drawdown, when trailing stops, and worked examples on a 50K prop account.
7 min readHow to Pass a Prop Firm Evaluation: A Practical ChecklistA practical checklist for passing a futures prop firm evaluation: read the rules, size from your drawdown, set a daily stop, handle consistency rules and review every trade.
6 min readWhat to Track in a Trading Journal (and What to Skip)The fields worth logging in a trading journal, the stats to review each week, and what to skip so journaling stays quick, for day traders and prop firm traders.
For education only, not financial advice. TraderMemo isn't affiliated with any prop firm or broker mentioned.