Learn the strategies to consistent and profitable (forex) prop trading.
Greed is one of the biggest enemies of successful forex prop trading. It can lead traders to make impulsive decisions that result in losses. It can negatively influence your strategy and cause you to lose your account. Thus, it’s vital to know if you’re greedy or not. In this blog post, we will share five...
A professional trader is not defined by the number of trades he makes, but by his mentality, routine or habit. He approaches trading with discipline, focus, and a clear strategy. In this blog post, we will discuss six key differences between professional and amateur traders (how these two traders react to trading situations) and provide actionable...
To excel in forex trading, it is essential that you have a well-defined trading strategy. You should choose and adopt a technique tha fits your personality, routine and goals. There are several trading strategies to choose from. In this blog post, we will discuss the most common ones, and highlight their advantages and disadvantages: 1. News Trading...
The risk-to-reward ratio (RRR) is one of the most important risk management strategies in forex trading. It measures the potential profit of a trade compared to the potential loss. A high risk-to-reward ratio means that the potential profit is much higher than the potential loss, while a low risk-to-reward ratio means that the potential loss is much higher...
The few minutes or seconds before entering a forex trade is as important as the trade itself. It is your opportunity to rethink. If you can ask the right questions and carefully analyze the situation or atmosphere, this moment can change the game for you. When prop trading, it’s crucial that you ask yourself some key...
