Risk and margin
What the engine actually checks, and where accounts die. Margin, liquidation and the loss limits, with the arithmetic rather than the slogans.
1 article
Academy
The mechanics nobody explains until they cost you
The arithmetic behind margin, drawdown and carry — written by the people who build the risk engine, not by a content team.
Browse by topic
Prop trading
How evaluations work, what the rules mean in practice, and which of the numbers a firm advertises actually change what you take home.
1 article
Perpetual futures
The instrument itself: funding, leverage tiers, mark price and the mechanics that behave differently from spot.
1 article
Theory is cheap. Positions are not.
Take the same mechanics onto a funded account and let the engine keep score.
Start a challenge