Is Forex trading gambling?
How We Pass Prop Firm Challenges Our colleague Tung covers one of the most talked-about and evident subjects in forex trading in our new piece. Should one gamble or not? He encountered a wide range of people with different perspectives on trading during his professional career. He could estimate what the majority had to say. […]
How We Pass Prop Firm Challenges
How We Pass Prop Firm Challenges When it comes to passing prop firm challenges, you must first understand the rules for each evaluation to help you design a strategy accordingly. Some prop firms have rules regarding daily drawdown limit, and types of strategies that are prohibited. For example some prop firms allow news trading, holding […]
How to Become a Full-time Trader
how to become a Full-Time Trader Becoming a full-time trader requires a combination of education, experience, discipline, and a well-thought-out approach to managing both risk and capital. Here are steps you can take to pursue a career as a full-time trader: Educational Background: Gain a solid understanding of financial markets, trading strategies, and technical analysis. […]
What is a Trading Algorithm
What is a Trading Algorithm? A trading algorithm, also known as an algorithmic trading strategy or simply an algo, is a set of predefined rules and instructions programmed to automatically execute trades in financial markets. These algorithms use mathematical models, statistical analysis, and other quantitative techniques to make trading decisions without human intervention. The primary […]
How to Build a High Frequency Trading Bot
How to Build a High Frequency Trading Bot Building a high-frequency trading (HFT) bot is a complex task that requires advanced knowledge in finance, algorithmic trading, programming, and a solid understanding of the financial markets. Keep in mind that high-frequency trading involves executing a large number of orders at extremely high speeds, and success in […]
How to Trade Prop Firm Capital
How to Trade Prop Firm Capital Trading with proprietary firm capital involves working for a proprietary trading firm and using the firm’s money to execute trades. Here are the general steps to trade with prop firm capital: Qualification: Proprietary trading firms typically have specific criteria for hiring traders. Qualifications may include a strong understanding of […]
Finding Your Way to Professionalism as a full-time trader.
Finding Your Way to Professionalsm as a full-time trader. So you decided to get involved in trading. Whether your trading stocks, forex, cryptos, etc. Most beginners based on my experience usually begin by studying some books, attending online webinars, getting a mentor and typically practice techniques on a demo account. This phase of their trading […]
Trader’s Biggest Mistake
Trader’s Biggest Mistake When it comes to this subject, there are millions of reasons why traders fail or make mistakes but today I want to explain the number 1 reason. If you can avoid this mistake you’ll be more likely to be a profitable trader. So we all very well could be highly profitable traders […]
How to Pass a Prop Firm Challenge
How to Pass a Prop Firm Challenge? Passing a prop firm challenge and getting funded, can be exciting and challenging at the same time. To get funded by a prop firm can be a game changer and a major milestone for many traders and individuals. Unfortunately 90% of traders that take on these prop firm […]
What is Market Sentiment?
What is Market Sentiment? Forex market sentiment refers to the overall attitude and emotional tone of market participants, specifically in the foreign exchange (forex) market. It reflects the collective feelings, opinions, and beliefs of traders and investors towards the current and future direction of currency prices. Market sentiment can play a significant role in influencing […]