News and articles from the world of RebelsFunding trading
Educational articles, updates, and other interesting content.
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...
Intuition is one aspect of forex prop trading that is often overlooked or misunderstood. It is the ability to sense or know something without conscious or in-depth reasoning. It is based on subconscious processes that draw on past experiences, observations, and patterns. According to psychologist Daniel Kahneman, there are two types of intuition: expert intuition...
Analysis paralysis is a psychological condition where forex prop traders become immobilized by overthinking and excessive analysis of chart, leading to difficulty in decision-making. It is often fueled by fear, doubt, information overload, and a desire for perfection. It can have negative consequences for trading performance and profitability. It is analysis paralysis if you CONSTANTLY find yourself...
It is difficult to be successful and sustainable in prop trading without confidence. Confidence is your real belief and trust in your own ability, judgment, system, or strategy and your willingness to act on them. It is based on realistic and rational expectations and is vital for trading success. In this blog post, we will...
FOMO, or Fear of Missing Out, is a common phenomenon in forex prop trading. It refers to the feeling of anxiety and regret that arises when you think you are missing out on a profitable opportunity in the market or that other traders are doing better than you. It can lead you to make irrational and impulsive...
Forex prop trading involves risk, as traders are exposed to the volatility and uncertainty of the market every day. To have a successful experience, prop traders must have a sound risk management system on ground. And one of the key elements of this system is patience. Patience is the ability to wait calmly and endure difficulties without...
