Learn the strategies to consistent and profitable (forex) prop trading.
Gambling tendencies describe the habit of treating forex as a game of chance (relying more on luck or how you feel) rather than sound analysis and strategy. It usually results in failure and stagnation. Let’s discuss what profitable traders do to minimize it and achieve more success: 1. They focus on a few market niche Some pro...
In this interview, Ján Kesiar takes us on his journey from amateur to professional (and successful) trader at RebelsFunding: 1. Tell us about yourself I am 47 years old, married, and a father of two children. Trading is not my only source of income; I also have a regular job. My goal for the future is to become...
Seasonal patterns in trading are recurring fluctuations or behaviors that can be observed in financial markets during specific times in a year. Today, we will look at the types, advantages and how to utilize them: Calendar-based patterns This one is tied to a particular time in a year. Examples are “January effect” (where stocks tend to rise in...
Trong Hung is a trader at RebelsFunding. He has demonstrated discipline and consistency in his trading journey. Today, he shares his trading skills, ideas and experience in this brief interview: 1.Tell us a little about yourself I was born and raised in Vietnam. I am 44 years old this year. I majored in banking and finance at National Economics...
When losses start to add up in trading, we are often pushed to deliberate on which parameters to establish or modify to prevent further drawdown and protect our capital. Here, reducing our position size may appear as one of the effective steps to take, to move into safety. Let’s look at the benefits and drawbacks...
Following SurgeTrader’s unexpected closure, here are top alternative prop firms you can consider: Comparison of SurgeTrader Alternatives (Scroll/swipe the table to your left ← or right → to view all providers) Features SurgeTrader RebelsFunding FTMO the5ers Trading platform MatchTrader (third party platform; license later revoked) RF-Trader (in-house trading platform; owned by RebelsFunding). Independent and reliable....
Set-and-forget (S-n-F) is a trading approach in which you set your entry point, stop loss, and take profit levels, let your trade run without further intervention, adjustment, or constant chart monitoring. Let’s talk about the advantages and disadvantages of this method; who should implement it and who shouldn’t: Pros: 1. It reduces mental stress: S-n-F approach...
True Forex Funds (TFF) has permanently suspended operations due to “financial insolvency”. And if you traded with them, you are probably looking for an alternative prop firm. Let me introduce reputable and better options for you: Comparison of TFF Alternatives (Scroll/swipe the table to your left ← or right → to view all providers) Features...
Let’s look at prop firms offering similar or better services, programs or features than FTMO. Here are alternative options for you: Comparison of FTMO Alternatives (Scroll/swipe the table to your left ← or right → to view all providers) Open Account In summary, these alternatives are all great, but they all have their cons (and...
Scalping is a trading system that aims to take advantage of tiny price movements or changes for profit. It can be very profitable (if skillfully executed). And it is perhaps one of the most attractive strategies to traders. Let’s look at some elements you should consider before you adopt it when prop trading: 1. Trading rules...
