Learn the ins and outs of forex trading with our educational resources and expert guidelines.
Equity drawdown is a drop or decline in your equity from its daily peak value. It is a risk management system that empowers one to become a strategic, responsible, and disciplined trader. Equity is the total value of a trading account. It includes your account balance for the day and any unrealized profits or potential losses on open positions....
A gap is an area on a price chart where there is no trading activity at a certain price level (leaving a blank space between the previous close of one period or candle and the new opening price of the next). It is a discontinuity in price movement. Let’s look at why gaps occur, types and how to take...
Trend following and counter-trend trading are both viable strategies in forex. But before you make a choice, carefully consider the pros and cons of each technique, your experience, discipline and risk management plan. In today’s post, we will look at the two sides of each strategy; their pros and cons, and how/when to use them: Trend...
Gambling tendencies describe the habit of treating forex as a game of chance (relying more on luck or how you feel) rather than sound analysis and strategy. It usually results in failure and stagnation. Let’s discuss what profitable traders do to minimize it and achieve more success: 1. They focus on a few market niche Some pro...
In this interview, Ján Kesiar takes us on his journey from amateur to professional (and successful) trader at RebelsFunding: 1. Tell us about yourself I am 47 years old, married, and a father of two children. Trading is not my only source of income; I also have a regular job. My goal for the future is to become...
Trong Hung is a trader at RebelsFunding. He has demonstrated discipline and consistency in his trading journey. Today, he shares his trading skills, ideas and experience in this brief interview: 1.Tell us a little about yourself I was born and raised in Vietnam. I am 44 years old this year. I majored in banking and finance at National Economics...
When losses start to add up in trading, we are often pushed to deliberate on which parameters to establish or modify to prevent further drawdown and protect our capital. Here, reducing our position size may appear as one of the effective steps to take, to move into safety. Let’s look at the benefits and drawbacks...
Scalping is a trading system that aims to take advantage of tiny price movements or changes for profit. It can be very profitable (if skillfully executed). And it is perhaps one of the most attractive strategies to traders. Let’s look at some elements you should consider before you adopt it when prop trading: 1. Trading rules...
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 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...
