Learn the strategies to consistent and profitable (forex) prop trading.
In the last few weeks, the forex prop trading community has been hit by different unexpected news events and very sad stories. From MetaQuotes (metatrader) suspending some prop firms, to the abrupt payout denials by The Funded Trader(TFT), and its tragic crash or closure, it has been an unfortunate start of the year for some...
Fear is a powerful human emotion. It can push us to safety, it can also push us to dismay. But its disadvantages seem to outweigh its benefits. It pushes us more to take uncalculated and miscalculated decisions/actions that can bring us down. In forex prop trading, this is not different. When we operate from a place of...
A trading edge is a set of conditions or approaches that can give a prop trader a higher probability of winning trades, an upper hand over losses. It can be a strategy, a tool or a psychological strength. It is unique to every trader, and has been proven to be produce high success rate in trading. Thus, as a prop trader who...
Successful forex prop trading is beyond technical/fundamental analysis, self-accountability plays a big role in the journey too. It is one of the most important traits that can make or break your prop trading performance and results. It is your ability to take responsibility for your actions and outcomes in any trading scenario. It means that you...
The most frustrating experience in prop trading is when we lose our challenge or funded accounts. It feels very painful. The good news is, we can stop it, we can prevent it. If we care to closely analyze the root of this problem, we can find the cause(s), we can discover actions or habits that...
MetaQuotes, the developer of popular trading platforms MetaTrader 4 and MetaTrader 5, is cracking down on several prop trading firms such as Ftmo, the5ers, etc., and forcing many brokers to terminate their services (if these firms do not comply). This decision has had a negative impact on most prop traders in the US. There is fear of...
MetaTrader is one of the most widely used trading platforms in the forex prop trading market. But lately, the platform (MT4/MT5) has banned several prop firms, including FTMO. Fortunately, there are other options, other reliable (and even better) trading platforms available for prop traders who want to access a wide range of markets, tools, and services....
Overnight and weekend holding in forex prop trading can be a profitable strategy, but it can also come with its own set of risks. In this blog post, we will explore the risks associated with overnight and weekend holding in prop trading: 1. It can lead to unexpected gaps Market gaps occur when the price of...
We understand that not every forex trader would immediately have money to purchase a budget-friendly funded account offered by some of the best prop firms (in Nigeria). We know things can be a little difficult, but we don’t want it to stop you from great opportunities. Thus, in today’s blog post, we will share with you two...
There are many forex prop firms available in the market today, but knowing the right one for you can be a little bit of a challenge. But with the right questions, you can pick the one suitable for you. In this blog post, we will share with you six vital questions to ask when choosing a forex prop...
