Learn the strategies to consistent and profitable (forex) prop trading.
Margin trading is a trading method that helps traders use their account balance as collateral to access bigger capital from a broker or prop firm. It enables traders to open positions that multiply their balance. We will look at how it works and break down its key components: How does margin trading work? When trading on margin,...
Market cycles in financial markets are trends or patterns in price action that tend to repeat over time. Let’s examine the four (4) phases of market cycles and how this knowledge can benefit your forex trading activity: 1. Accumulation This is the first phase of the market cycle. It occurs after a downturn (after the market...
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...
