Learn the strategies to consistent and profitable (forex) prop trading.
The price movements of financial instruments in forex and other markets are shaped by many factors. The most potent price driver of them all is the “interaction” between sellers and buyers – supply and demand. To understand what truly causes price shifts, we must take a closer look at the behaviours of market participants, the role...
In forex trading, to effectively anticipate future prices, you should understand the previous day’s market behaviour. It is important you pay attention to yesterday’s closing, high and low prices. These price points can provide hints on potential market direction and help traders plan their entries and exits. Let’s examine why these price points matter: A....
Successful forex funded trader, Matúš reveals strategies that led to his trading breakthrough, in this exclusive interview: 1. Tell us a little about yourself My name is Matúš, and I have been actively involved in trading for over 18 months. I started trading on the stock market because I wanted to create an alternative source of income. I take...
Let’s compare and contrast some prop firms based in the Czech/Slovak Republics such as RebelsFunding, Fintokei, CapXmas, For Traders, EverTrader, FTMO, and Monevis. We will examine how they differ or relate in terms of their evaluation process, profit-split structure, program fee and trading platform. (Swipe/move the table to your left ← or right → to...
Below is the detailed comparison of the top-rated prop trading firms in the United Arab Emirates: (Scroll/swipe the table to your left ← or right → to view all providers) Features RebelsFunding FTMO the5ers FundingPips Alpha Capital Group Price range $25 – $890 €155 – €1,080 $39 – $850 $36 – $499 $97 – $997...
Forex market hours refer to the specific times when participants can trade currencies globally. These hours are divided into sessions based on major financial centers (Tokyo, London, New York, Sydney). Global Forex Trading Sessions Regions Major forex trading sessions Hours / Time – ET Hours / Time – GMT Europe London 3 am – 12...
A trading robot/bot is a software or app developed to carry out trading activities on behalf of a trader. It is used for market data analysis; to spot potential opportunities, and execute trades according to its pre-set/programmed instructions. All without a trader’s intervention. In forex, they are referred to as Expert Advisors (EAs). Let’s discuss the drawbacks of...
In this interview, funded trader Slavomir shares the actions he took to move from a beginner prop trader to a profitable and successful one: 1. Hello, can you please tell us a little about yourself My name is Slavomir. I’m from Slovakia. I have been trading for approximately three years now. In the beginning, I was very interested and captivated...
Most prop firms make money through the following business models: the profit-split strategy, copy trading, and failed challenge account fees. 1. Profit-Split Model This is the primary source of income for proprietary trading companies. In this revenue model, they take a percentage or cut from a profitable trader’s earnings each time a withdrawal is made from the funded...
In this interview, our funded trader (Lucia) takes us on her journey from amateur to success, pointing out the key adjustments she made. Let’s hear from her: Lucia, please tell us a little about yourself I am a 36-year-old manager in finance, where I’ve been working for almost 13 years. I have two amazing children—a ten-year-old son...
