News and articles from the world of RebelsFunding trading
Educational articles, updates, and other interesting content.
Key levels are important price points on the forex prop trading chart where the market tends to react strongly. They can help you identify potential support and resistance levels, entry and exit points, and trend direction. In this blog post, we will share what key levels are, why they are important, and how to find...
A no time limit prop firm is a proprietary trading firm that does not impose any restrictions on how long a trader can trade during their evaluation process. Unlike some other prop firms that require traders to reach a certain profit target within a fixed number of days or months, a no time limit prop firm (e.g, RebelsFunding) allows...
A new trading year is here again. Why not make it special and outstanding? You can make 2024 a profitable and remarkable forex prop trading year for yourself. It’s time to better your performance! How to make this happen? In this blog post, I will share with you some tips to help you have an exciting and...
One of the best ways to enhance your forex prop trading skills and results is to review and assess your trading performance regularly. This will help you identify your strengths and weaknesses, learn from your mistakes, and optimize your trading system. In this blog post, I will share with you three steps that can help you...
Revenge trading is a term used to describe a forex prop trader’s emotional response to a losing trade. Simply put, it’s when a trader makes a trade to get even, rather than following a trading plan. It often happens when a prop trader has suffered a loss and feels the urge to immediately jump back in and recoup those losses. It can lead...
Daily bias (DB) is the prevailing sentiment or mood of the forex market for a currency pair during a trading day, which influences its price movement and direction. It is the tendency of the forex market to favor a certain direction for a currency pair within a trading day, based on technical and fundamental factors. The goal of using the...
Price action (P.A.) is the study of the movement of price on a chart without the use of any indicators or other tools. It is based on the idea that price reflects all the information and emotions of market participants. And that by carefully analyzing the patterns and signals that the price forms, traders can gain...
Supply and demand zones are areas on a chart where the price has made a strong move either up or down, creating an imbalance between buyers and sellers. These zones are important for forex prop trading because they can indicate where the price is likely to reverse or continue its direction, providing potential entry and exit points...
A victim mentality is a psychological state in which a person believes that they are constantly being victimized by external factors, such as other people, things, circumstances, or fate. A person with a victim mentality tends to see themselves as a passive and innocent sufferer who has no control over their own actions, life, or destiny. This mentality can...
Backtesting is a vital process for any forex prop trader who wants to develop and improve his trading system. It allows you to test your ideas and assumptions on historical data and see how they would have performed in the past. It can help you identify the strengths and weaknesses of your trading idea, optimize your...
