Learn the ins and outs of forex trading with our educational resources and expert guidelines.
To trade sideways markets (SM) successfully, you must recognise when price is moving within clearly defined support and resistance levels (a valid horizontal channel). Some traders profit by buying near support and selling close to resistance. Others may stay on the sidelines and wait for a confirmed breakout (with the expectation of a strong next move). Speculators...
An Inside Bar (IB) is a two-candle formation on a trading chart where the second candle (the smaller/Inside Bar) forms completely within the high and low of the first candle (known as the large or Mother Bar). Note: If the high and low of both bars are equal, then it is NOT an IB. IBs often portray...
Concentration in trading is a skill that can be improved through minimalism, quality sleep, healthy nutrition, setting your goals, and more. It is the act of staying mentally engaged with the market and making decisions without “interference”. Let’s throw more light on the ways you can boost your focus and make your experience better. 1. Prioritise...
To gain a solid understanding of prop trading, you must learn its core principles and foundational concepts. Let’s examine some key terms every new trader should know. Trading environment Simulated trading: This means using virtual funds to speculate in an environment that mimics real market conditions. It is important to note that most “funded accounts” are...
Smart Money Concept (SMC) is a way of reading the market from the perspective of big players or participants who can easily alter price direction as a result of their financial might. To trade Smart Money Concepts, you must study the behaviours (patterns) of these “elephant investors” and anticipate their next decision. You do this by paying close...
In this brief interview, funded trader, Blahoslav. M reveals his complete roadmap to his trading growth and success. Let’s hear from him: How did you come across RebelsFunding, and what were your beginnings like? I came across RebelsFunding through an ad on the internet. Setting up an account was simple, very easy. At the beginning...
Here are the best proprietary trading firms allowing traders from Nigeria (in terms of programs, features & services): Open Account What criteria should one consider when choosing the best funded account in Nigeria? 1. Naira funded account At RebelsFunding, you can easily make naira deposits with your Nigeria bank card and buy a funded program. 2....
Trading is not about aiming for quick (large) profits. It is a game of consistency, discipline and small wins that compound over time. Just like drops fill a bucket, small, but regular profits (when managed well) can sustain you. And RebelsFunding provides the platform & space for this opportunity. In this interview, Parvinder (who has received a total...
Perfectionism can weaken your trading edge and damage your confidence. It makes you overthink; become overly anxious and hesitant. Let’s closely look at how this mindset plays out, and slowly impedes your success: Why do traders fall into this psychological trap? The root of this problem usually stems from a positive desire to attain trading excellence that...
A trading strategy may require a change or adjustment when it stops delivering consistent positive results due to change in market atmosphere, emotional burnout, unclear goals, or overload of trading indicators. Let’s closely look at signs it might be time to change or optimise your trading method. Too many losses/intangible results Are you putting in a lot...
