Passing a prop trading challenge requires a structured approach, blending both fundamental and technical analysis. Many traders focus on only one aspect, but using both strategies together enhances trade accuracy, risk management, and overall success rate. In this guide, we’ll explore how to effectively combine fundamentals and technicals to increase your chances of passing a […]
What Are Fibonacci Retracements? Fibonacci retracements are a popular technical analysis tool that helps traders identify potential support and resistance levels based on key price retracement levels. These levels are derived from the Fibonacci sequence and are widely used in forex, stocks, and crypto trading. For an introduction to Fibonacci retracement concepts, check out this […]
As cryptocurrency markets continue to evolve, proprietary trading firms (prop firms) are increasingly offering traders access to crypto assets. Unlike traditional forex and stock trading, crypto trading operates 24/7, providing more flexibility and volatility-driven opportunities. Prop firms that allow crypto trading give traders access to funded accounts, allowing them to trade Bitcoin, Ethereum, and altcoins […]
Prop firm challenges are designed to test traders’ discipline, strategy, and risk management over an extended period. While many traders start strong, maintaining consistency throughout a multi-week challenge can be difficult. Success in these evaluations requires a balance between risk control, emotional discipline, and a structured approach to the markets. For a deeper understanding of […]
Prop trading firms impose trading limits to ensure risk management and protect their capital. These limits often come in two forms: daily trading limits and weekly trading limits. Both structures impact how traders approach risk, position sizing, and overall strategy. Before diving into the pros and cons of each, it’s helpful to understand these concepts […]
High-impact news events—such as interest rate decisions, job reports, and geopolitical announcements—often lead to extreme volatility in financial markets. While this volatility can create profitable opportunities, it also increases the risk of hitting drawdown limits or even losing your prop trading account. Prop traders must navigate these events with caution, balancing risk and reward effectively. […]
Geopolitical events—such as wars, elections, economic sanctions, and trade agreements—can significantly influence global financial markets. These events often trigger volatility, leading to rapid price movements across forex, stocks, and commodities. For proprietary traders, this volatility presents both risks and opportunities. Event-driven trading is a well-established strategy that takes advantage of market movements caused by news […]
Swap fees, also known as rollover fees, are interest charges applied when a trader holds a leveraged position overnight. These fees result from the interest rate differential between the two currencies in a forex pair. Depending on the trade direction (long or short), traders may either earn or pay swap fees. For a deeper dive […]
Choosing the right prop trading firm is essential for traders looking to scale their accounts while maintaining freedom over their strategies. Some firms impose strict trading rules—such as daily drawdown limits, time constraints, and restricted trading strategies—while others offer more flexibility to accommodate different trading styles. This guide explores the best proprietary trading firms that […]
Prop trading firms provide traders with access to significant capital, but before receiving funding, traders must pass a verification phase or prop firm challenge. These challenges test a trader’s ability to manage risk, maintain consistency, and meet profit targets under strict guidelines. Many traders fail their first attempt due to poor planning and a lack […]
