The 18th Street Exchange
Market intelligence, trading education and insights built to an institutional standard.
A backtest can look impressive and still fail in live markets. Learn how professional futures traders evaluate trading strategies, account for execution costs, and separate genuine evidence from overoptimized results.
Read article →A 5% trailing drawdown can mean very different things depending on how it's calculated. Learn how end-of-day trailing loss works, when the threshold moves, and why understanding your risk boundary matters more than your account balance.
Read article →A big trading day isn't necessarily a problem. But it shouldn't be the entire record. Here's how a 25% consistency rule works—and what it actually measures.
Read article →Passing an evaluation is one thing. Building a professional trading record is another. Here’s what serious traders should expect from a futures prop firm.
Read article →Capital Access
One standard, four phases, and a payout at every step. Plans from $25,000 to $150,000.