Blog
How do prop firms make money? A coin-flipper’s $50K challenge
Prop firms make most of their money from challenge fees, not from trading. At Topstep, even the funded account you earn by passing is simulated – the…
All posts
Everything published on Trader Markus since 2018, newest first.
168 posts · page 3 of 28
Blog
Fair value gap (FVG): A test on 26 years of S&P 500 data
A fair value gap (FVG) is a three-candle pattern: the first candle’s high and the third candle’s low don’t overlap, and the empty space between them…
Blog
S&P 500 200-day moving average: What 76 years of data show
On Monday, 19 October 2026, the S&P 500 closed at 7,690.73, about 5.7% above its 200-day moving average of roughly 7,276. It has closed above the…
Blog
Iron condor: What 38 years of S&P 500 data say about it
An iron condor is four options with the same expiry: you sell an out-of-the-money put and an out-of-the-money call, and buy a put and a call further…
Blog
Poor man’s covered call: Testing the rules on real SPY quotes
A poor man’s covered call is a covered call where a long-dated, deep in-the-money call option stands in for the 100 shares. You buy that call, sell a…
Book Reviews
Robert Kiyosaki – Rich Dad Poor Dad – Review
Rich Dad Poor Dad is worth reading for one idea and worth questioning on almost everything else. Robert Kiyosaki’s point that money should work for…