The Upside Funding https://theupsidefunding.com Prop Trading Firm Thu, 28 Aug 2025 01:30:07 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.2 https://theupsidefunding.com/wp-content/uploads/2025/07/cropped-Risorsa-58tufSquare-32x32.png The Upside Funding https://theupsidefunding.com 32 32 Confirmation Bias in Prop Trading: How It Kills Your P&L https://theupsidefunding.com/confirmation-bias-in-prop-trading-how-it-kills-your-pl/ Thu, 28 Aug 2025 01:27:09 +0000 https://theupsidefunding.com/?p=3925

Are you Team iPhone or Team Android? Imagine your mom asks you to find her the perfect phone. You do the research, but you’re a die-hard iPhone guy.

Here’s what happens: thanks to confirmation bias, you’ll probably recommend an iPhone – even if Android might be better for her.

What Is Confirmation Bias in Trading?

Confirmation bias is your brain cherry-picking information that supports what you already believe while ignoring anything that proves you wrong. In prop trading, this psychological trap is responsible for more blown accounts than any technical indicator failure.

When “researching” for mom, you’ll unconsciously focus on why iPhones are great while glossing over Android’s advantages. This same mental trick absolutely destroys prop trading evaluations.

How Confirmation Bias Kills Prop Trading Accounts

Confirmation bias makes you:

  • Hunt for news supporting your trades while ignoring red flags
  • Become overconfident because everything “confirms” you’re right
  • Dismiss warning signs from your trading strategy
  • Get trapped in echo chambers where everyone validates your bias

 

Result? Failed prop firm evaluations, blown funded accounts, and missed profit opportunities.

4 Proven Ways to Beat Confirmation Bias in Prop Trading

1. Stay Skeptical of Your Own Analysis

Actively look for information that challenges your trading position. If you’re bullish on EUR/USD, specifically search for bearish analysis. Top prop traders always play devil’s advocate with their own ideas.

2. Use Multiple Information Sources

Get your market analysis from multiple sources – both bulls and bears. Don’t just consume content that validates your existing trades. Successful prop traders read opposing viewpoints daily.

3. Maintain a Detailed Trading Journal

Write down why you made each trading decision. Review it weekly to catch yourself falling into confirmation bias traps. Most funded traders credit journaling as their breakthrough moment.

4. Seek Opposing Perspectives

Talk to other prop traders, especially ones who disagree with your market outlook. Let them challenge your trading logic. The best prop firms encourage this kind of critical thinking.

The Bottom Line for Aspiring Prop Traders

Your brain constantly tries to trick you into bad trading decisions. Recognize confirmation bias, and you’ll already trade better than 90% of prop trader applicants.

Ready to overcome psychological trading barriers? The most successful prop traders master their mindset before they master the markets.

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Get ahead of 90% of traders by conquering this cognitive bias https://theupsidefunding.com/get-ahead-of-90-of-traders-by-conquering-this-cognitive-bias/ Wed, 20 Aug 2025 01:06:56 +0000 https://theupsidefunding.com/?p=3915

Ever spent hundreds of hours grinding in a game that’s no longer fun but you keep playing because you don’t want to ‘waste’ all the time you’ve invested? Meanwhile there are 10 better games you know you could be enjoying instead? 

Keeping on playing, just because you’ve already invested hours, is like holding onto a losing trade just because you’ve already lost money.

In both cases, the time, or money already spent, is a sunk cost that can’t be recovered. 

This irrational way of thinking is a cognitive bias known as the sunk cost fallacy.

And understanding how your brain tricks you into making bad decisions is crucial for becoming a successful trader.

The key is making your decision based on what’s happening RIGHT NOW and where things are actually headed – not because you’ve already sunk hours or cash into it.

Sunk cost fallacy also unleashes other emotions that wreck your decision-making:

  • fear of missing out on a turnaround
  • regret over trades gone wrong
  • the ego hit of admitting you were wrong
  • and the urge to chase your losses.

Bottom line: recognize these mental traps, make decisions based on facts not feelings, and make decisions based on the current situation, and you’ll already be ahead of 90% of traders out there.

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How to Build a Full-Time Trading Career with a $350K Salary https://theupsidefunding.com/how-to-build-a-full-time-trading-career-with-a-350k-salary/ Wed, 20 Aug 2025 00:47:06 +0000 https://theupsidefunding.com/?p=3907

Turn your trading career into a full-time job. Join The Upside Funding’s Remote Trader Program and earn up to $350K per year.

For many traders, the dream is simple: turn your passion for the markets into a full time prop trading career, with real income, professional support, and the chance to grow long-term.

But most prop firms don’t offer that. They stop at funding challenges, give you a payout (if you’re lucky), and then leave you on your own.

At The Upside Funding, we do things differently.

Introducing the Remote Trader Program

Our Remote Trader Program is built for serious traders who want more than just a funded account. It’s for those who aim to make trading their full-time profession.

Top-performing traders in our program can qualify for a remote, salaried position on our internal team with salaries of up to $350,000 per year, while still trading our capital.

This means:

  • No more relying only on profit splits
  • A stable monthly income
  • Continued access to large firm accounts
  • Full-time support, mentorship, and growth opportunities

This is a true trading career, not just a side hustle.

How to Qualify for the Program

We don’t hire just anyone. The Remote Trader Program is reserved for traders who consistently perform well with our capital and show the mindset of a professional.

Here’s how to qualify:

1. Start with an Evaluation Account

Choose between our 1-Step or 2-Step Evaluation Plans. Fees range from $40 to $490, and account sizes start at $5,000 and go up to $100,000. There are no time limits and no retests.

2. Get Funded and Scale

Once you pass, you’ll receive a funded account with up to 90% profit split. As you trade consistently and reach targets, your account can scale all the way up to $1.5 million.

Our scaling model rewards steady performance:
– 10% profit every 3 months = 25% capital increase
– No extra fees required for scaling

3. Get Invited to the Remote Trader Program

Traders who show strong results and professionalism may be invited to join our internal salaried team. This is a full-time position, fully remote, and backed by our firm’s capital and support.

Why Join the Remote Trader Program?

Here’s what makes our full-time trading role different from anything else in the industry:

Financial Stability

Earn a fixed salary of up to $350,000 per year while continuing to trade. No more stress about inconsistent payouts or over-risking your account.

Continued Access to Firm Capital

Even as a salaried trader, you’ll still manage firm capital. This allows you to scale your results while limiting personal financial risk.

Professional Mentorship

Get 1-on-1 coaching from former Citigroup and HSBC MDs, leaders with decades of institutional experience who will support your long-term development.

Long-Term Career Path

This is not just a reward for high performers. It’s a path to real career growth in the trading industry. Whether you want to stay remote or eventually lead trading teams, we’ll help you get there.

The Upside Funding, More Than Just a Prop Firm

At most firms, the journey ends after your first payout.

At The Upside Funding, it’s only the beginning.

Our mission is to help traders go from evaluation… to funding… to a full time prop trading career. Through our Remote Trader Program, we give serious traders the chance to turn their skills into a stable, high-paying profession.

You don’t need to be in a big city. You don’t need a finance degree. And you definitely don’t need to risk your own life savings.

All you need is skill, consistency, and the drive to grow. We’ll provide the capital and the career.

Ready to Go Full Time?

If you’re ready to stop trading part-time and start building a real future, The Upside Funding is here to back you.

Join us today. Start your evaluation. Earn your seat on the Remote Trader Program and build your trading career for life.

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5 Ways to Access Significant Trading Capital with No Personal Risk https://theupsidefunding.com/5-ways-to-access-significant-trading-capital-with-no-personal-risk/ Thu, 07 Aug 2025 05:45:33 +0000 https://theupsidefunding.com/?p=3851

Get access to big trading capital with no personal risk. Learn how The Upside Funding helps you trade smarter and safer.

Many traders face the same problem. They want to trade big, but they don’t have enough capital. And even if they’re willing, the idea of risking their own capital can be too intimidating or stressful.

That’s where prop trading comes in.

What is a Prop Firm?

A proprietary trading firm (or prop firm) gives traders access to capital, usually up to hundreds of thousands or even millions of dollars, so they can trade without using their own money. In return, the firm takes a small share of the profits while the trader keeps most of it.

But not all prop firms are the same.

Some make you pay high fees. Some set rules that are hard to follow. And some kick you out after one mistake.

That’s why we at The Upside Funding do things differently.

1. Trade Without Using Your Own Capital

At The Upside Funding, you don’t need a big savings account to start trading. You only pay a one-time evaluation fee starting as low as $49 to prove you can trade responsibly.

Once you pass the evaluation, the firm gives you access to simulated capital ranging from $5,000 to $1.5 million.

This means you can aim for real profits without risking your personal funds. No need to borrow money or worry about margin calls.

2. No Margin Calls, No Debt

In regular trading, if your position goes bad, your broker might issue a margin call, forcing you to deposit more money or close your trade with a loss.

At The Upside Funding, this doesn’t happen.

Since traders must first pass a challenge on a simulated account, you’re not risking real capital from the start. Your only exposure is the evaluation fee. If things don’t go as planned, that’s the maximum you’ll ever lose, nothing beyond what you paid upfront.

This gives traders peace of mind and allows them to trade with a clear head.

3. Simple, Transparent Evaluation Process

Many prop firms have hidden rules. They might ask you to follow strict consistency rules, limit your trading days, or pass multiple stages with no room for mistakes.

The Upside Funding evaluation process is clear and beginner-friendly. You choose between:

  • A 1-Step challenge with a 10% profit target and trailing drawdown
  • Or a 2-Step challenge with 8% + 5% profit targets and static drawdown

No time limits. No retests. And you can trade using bots, EAs, or even during news events (if enabled).

This structure is designed to reflect real-world trading, not a game.

4. Keep Up to 90% of Your Profits

After passing the evaluation, you’ll get a funded account and a profit split of up to 90%.

That means if you earn $10,000 in a month, you keep $9,000. The firm takes only a small share for providing the capital.

As you grow and perform consistently, your account size can scale up to $1.5 million without extra fees.

So you’re not just protecting your own capital. You’re scaling someone else’s.  

5. Built-In Career Path, Not Just a Challenge

Most prop firms stop supporting you after you pass the challenge. But The Upside Funding goes further.

We offer 1-on-1 mentorship from real former bank traders, people who used to manage billions at Citigroup and HSBC.

And if you perform well, you could be invited to join their Remote Trader Program, a full-time paid role with a salary up to $350,000 per year.

It’s more than funding. It’s a career path.

Start Smart, Trade Bigger

Accessing big trading capital doesn’t have to mean risking your life savings.

With The Upside Funding, you can trade professionally, grow steadily, and avoid the financial stress that holds many traders back.

If you’re ready to take your trading to the next level without personal risk, we’re here to help you start.

Explore The Upside Funding today and get funded by professionals who’ve traded at global investment banks like Citigroup and HSBC and are now backing traders like you.

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Meet Our Founders: Built by Former Bank Traders https://theupsidefunding.com/meet-the-founders-of-the-upside-funding-built-by-former-bank-traders/ Tue, 15 Jul 2025 11:24:33 +0000 https://theupsidefunding.com/?p=3380 Behind every great trading firm is a team that understands what it takes to win. At The Upside Funding, that team is led by two former Citigroup Managing Directors and a former Director from HSBC with over 60 years of combined trading experience.

Founded in 2024, The Upside Funding isn’t just another prop firm. It’s a mentorship-driven platform built by traders who’ve worked at the highest levels of institutional finance. And now, we’re bringing that same experience to retail traders around the world.

Why We Built The Upside Funding

After decades inside global banks, the founders of The Upside Funding saw a gap in the prop trading world, too many firms focused on quick funding, with little guidance or long-term development. Most traders were left to navigate the markets alone.

So they built something different.

The Upside Funding was launched to give traders what they never had: a true partnership. Real capital. Real mentorship. Real careers.

Our mission is clear, support traders not just with money, but with the guidance, structure, and opportunity to thrive.

1-on-1 Mentorship from Industry Veterans

What makes The Upside Funding different starts at the top.

Every funded trader has access to direct mentorship from our firm’s leadership, including:

  • 1:1 coaching with the CEO and co-founders
  • Strategy feedback based on real-world experience
  • Personalized performance reviews
  • Ongoing support to help scale to $1.5 million

This level of direct access is nearly unheard of in the prop firm space.

“After decades in institutional trading, we realized the real missing piece wasn’t capital, it was mentorship,” says Charles, Co-Founder and CEO of The Upside Funding.

Turning Traders Into Professionals

Mentorship is just the beginning. Top-performing traders can qualify for something even rarer: a full-time salaried role.

Through the Remote Trader Program, consistent performers can:

  • Earn up to $350,000 per year
  • Trade firm capital remotely
  • Gain full-time career stability

“We’re not just funding traders; we’re building careers,” adds James, Co-Founder and Head of Trader Management.

Built for Traders, Backed by Experience

The Upside Funding’s founders know what it takes to manage risk, build strategy, and grow capital. They’ve done it for decades at one of the world’s top banks.

Now, they’re using that expertise to shape the next generation of trading professionals, offering not just an account, but a full career path.

If you’re serious about trading, The Upside Funding gives you more than a chance. We give you a team.

Start Your Career with The Upside Funding

Ready to learn from the best? Join The Upside Funding and get backed by traders who’ve been there, done that and are now here to help you grow.

Explore the Program

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Why Mentorship from Real Traders Matters https://theupsidefunding.com/why-mentorship-from-real-traders-matters-and-how-it-sets-upsidefunding-apart/ Tue, 15 Jul 2025 11:21:55 +0000 https://theupsidefunding.com/?p=3378

Most traders entering the world of proprietary trading are eager to prove themselves, but few have access to experienced guidance. Online forums, Discord channels, and influencer-led courses have become the norm, yet they rarely offer mentorship from people who’ve actually traded at an institutional level.

At The Upside Funding, mentorship isn’t an afterthought, it’s a core part of our model. Our 1-on-1 guidance from former HSBC and Citigroup Managing Directors helps traders develop the skills, mindset, and strategy needed to succeed not just in a challenge, but in a long-term trading career.

The Mentorship Gap in Prop Trading

Most prop firms focus on evaluation metrics and trading rules, but not on education. Once a trader signs up, they’re often left to figure things out on their own, with little feedback or professional support. The result? Traders make the same avoidable mistakes over and over, and few ever reach true consistency.

That’s where mentorship makes all the difference.

Why Real Trader Experience Matters

There’s a clear difference between advice from content creators and insights from professionals who’ve managed risk at scale. At The Upside Funding, our mentors have decades of real trading experience, at institutions where precision and consistency weren’t optional, they were required.

Our mentors help traders:

  • Understand risk and capital management from a professional perspective
  • Refine strategy and execution in live market conditions
  • Build emotional discipline to handle volatility
  • Prepare for growth beyond a funded account

This is about more than passing a challenge. It’s about learning to think like a trader who belongs in the markets long-term.

What 1-on-1 Mentorship Looks Like at The Upside Funding

Every trader at The Upside Funding has the opportunity to receive direct mentorship. This isn’t generic advice, it’s a structured, personalized relationship designed to:

  • Review performance and identify patterns
  • Provide feedback specific to trading style
  • Develop a professional trading plan
  • Offer career coaching for those aiming to join our internal desk

The result? Traders improve faster, avoid common pitfalls, and begin building habits that lead to long-term results.

Mentorship Leads to Opportunity

We believe in backing our traders with more than just capital. That’s why mentorship at The Upside Funding is directly tied to opportunity. Traders who grow through mentorship and demonstrate consistency can be offered salaried positions on our internal trading team.

This sets us apart. Most prop firms end the relationship at the payout. We’re just getting started.

The Bottom Line

If you’re serious about improving as a trader, mentorship from real professionals isn’t optional,it’s essential. At The Upside Funding, we give you access to knowledge that can’t be learned on YouTube or in trading forums.

Explore what mentorship can do for your trading career. Visit theupsidefunding.com to learn more.

Next up: Who’s Behind UpsideFunding? Meet the Traders Who Built It.

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From Funded to Full-Time Career with a Salary https://theupsidefunding.com/from-funded-to-full-time-how-to-turn-prop-trading-into-a-career-with-a-salary/ Tue, 15 Jul 2025 11:20:52 +0000 https://theupsidefunding.com/?p=3376

Proprietary trading has become one of the most accessible ways for traders to scale their capital without needing large personal savings. The growth of prop firms has opened the door for retail traders around the world to prove themselves and earn a share of the profits. But for many, that’s where the journey ends, pass a challenge, get funded, and hope to maintain consistency over time.

At The Upside Funding, we see things differently. We don’t believe funded trading should be the finish line. Instead, we’ve built a platform designed to help serious traders turn their performance into a long-term, stable career.

The Limitations of Traditional Prop Firms

While many prop firms offer evaluation challenges and profit splits, their business models often create hidden roadblocks. Rigid time limits, high failure rates, payout delays, and minimal support leave many talented traders stuck in a loop of passing challenges and restarting from zero.

Even when traders succeed, they’re typically left on their own, with no further opportunity to grow professionally. The relationship ends at the payout.

A Different Model: Growth Beyond the Challenge

The Upside Funding was created by traders with institutional backgrounds. Former Citigroup professionals who understand what it takes to succeed at the highest level. Rather than simply offering capital, we’ve designed a pathway that supports traders from their first challenge through to a full-time trading career.

Here’s what sets our model apart:

  • 90% profit splits for funded traders
  • No time limits on challenges, so traders can perform at their own pace
  • 1-on-1 mentorship from seasoned professionals
  • And most notably: a chance to join our internal trading desk as a salaried professional

From Funded Account to Trading Career

For those who demonstrate consistency and skill, The Upside Funding offers more than capital, we offer a future. Traders who perform at a high level are eligible to be recruited into our internal team, where they can earn a salary of up to $350,000 per year.

This is a unique opportunity in the prop firm landscape. Rather than continuing in a cycle of challenges and drawdown resets, our top traders become part of a long-term operation, with access to institutional-level resources, coaching, and stability.

Real Experience, Real Guidance

What makes this model work is the experience of the team behind it. The founders of The Upside Funding spent decades trading professionally and managing billions. Their insights shape every aspect of the program, from evaluation criteria to mentorship structure, ensuring that traders are being guided by those who’ve actually done the work.

For many traders, this professional support is the missing piece. It’s not just about hitting metrics; it’s about developing the mindset, discipline, and strategy that sustain long-term success.

Take the First Step

If you’re a trader who wants more than just a few payouts, if you’re looking to build a serious future in the markets, The Upside Funding is built for you.

Visit here to learn more, start your challenge, and begin the path from funded trader to full-time professional.

Looking to understand how mentorship plays a role in success? Read our next article: Why Mentorship from Real Traders Matters in Prop Trading.

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