Prop Trading Secrets by Kathy Lien

Learn How Real Traders Are Making a Living Through Proprietary Trading

About the Book

Prop Trading Secrets is a no-fluff, insider guide to proprietary trading written by two of the most respected names in the financial world. Whether you are just starting out or already testing the waters of funded trading, this book lays out everything you need to know in plain, practical language.

About the Authors

Kathy Lien

Kathy Lien is an internationally published author, Managing Partner of BKTraders, and former Director of Currency Research at DailyFX.com and FXCM. She co-founded BKForex LLC in 2007 and has spent decades helping traders understand the markets through cross-market analysis and data-driven strategy.

Etienne Crete

Etienne Crete is a full-time professional trader and the founder of Desire To Trade, a platform dedicated to helping everyday people learn how to trade for a living. His hands-on experience with funded accounts makes him one of the most practical voices in the prop trading space today.

Who Is This Book For?

This book is perfect for anyone curious about prop trading, whether you are a complete beginner or someone already working with a trading firm. It is especially valuable for people who want to trade without putting large amounts of their own capital at risk and those looking for a clear, honest path to financial independence through the markets.

Frequently Asked Questions (FAQs)

Q1: What is prop trading and how does it work? Prop trading, or proprietary trading, is when a trader uses a firm’s capital instead of their own money to trade financial markets. You keep a portion of the profits while the firm takes on most of the risk. This book explains every type of prop trading setup, including funded trader programs that are popular today.

Q2: Is this book good for beginners with no trading experience? Yes, absolutely. The authors start from the basics and build up gradually. Even if you have never placed a trade before, the book walks you through what prop trading is, how to get started, which tools to use, and what mindset separates winning traders from losing ones.

Q3: What makes this book different from other trading books? Most trading books give you theory. This one gives you real conversations with 14 active prop traders who are currently making a living off the markets. You get their actual strategies, their biggest failures, and their most profitable trades, all in one place.

Q4: Can this book help me get a funded trading account? Yes. The book covers funded trader programs in detail, including how they work, what firms look for, and how successful traders passed their evaluations. It is one of the most practical guides available for anyone targeting a funded account in 2025.