The Future of Risk Management with AvaProtect™ Imagine opening as many trades as you like with no risk of losing your hard-earned cash. Now you can. Starting today, never worry about losing on a position again...
Prop Trader Confidential: Avoid This Pitfall There are various reasons why most prop traders fail, including inexperience, a lack of discipline, over leverage, poor risk management, lack of a trading plan, poor trading skills, inability to...
AT Alerts Real-Time Trades AT Alerts, built into The Amazing Trader, are exactly what the term says They are trades executed by the Amazing Trader proprietary trading algo presented to users in real-time. AT Alerts are...
Forex Trading Glossary Q-R Quote A price quote that includes a bid and ask (offer) price. Quote Currency (Pricing Currency) The second currency in a currency pair. The quote currency is used to price the...
Are Forex Brokers to Blame for Traders Losing Money? Skeptic say that retail trader will always lose money when we trade via a forex broker market maker. How true is that? Before I begin, I need to...
Weekly charts Aug 3. USDJPY WEEKLY CHART – WEEKLY OUTLOOK It took 18 weeks to go from 145.89 => 161.93 and 4 weeks to almost fully retrace the move. Potential targets are at 145.89 (and 145.00) as...
How Do I Know My Prop Trading Firm Will Stay in Business? The prop trading firm industry has been shaken by a series of failures, including some of the significant players. The recent collapse of Surgetrader,...
4 Main Dual Candlestick Patterns in Trading Bullish Engulfing Patterns A bullish engulfing candle is a pattern that can signal an upcoming upwards movement. It comes into play after a time of downward movement. The bullish...
Prop Trading and the Dreaded “Relative Drawdown” One of the biggest reasons traders fail prop firm evaluations is not understanding how relative drawdowns and high-water marks work. They don’t realize they could be a profitable trader and...
Risk Management All of life is the management of risk — not its elimination. WALTER WRISTON 21 MANAGE YOUR POSITION AND PORTFOLIO SIZE Never take an arbitrary position size. Every trade that you take should...
Trade Management In trading, it’s not about how much you make, but rather about how much you don’t lose. Bernard Baruch 15 Start Small With few exceptions, there is no successful strategy that works on a $500,000...
MANAGING EMOTIONS No work is stressful. It is your inability to manage your body, mind and emotions that makes it stressful. S A D H G U R U 11 BE OK WITH LOSING No matter...