22 Jan, 2025

Apex 30% Consistency Rule for Successful Trading

The Apex 30% Consistency Rule tends to raise a lot of questions among traders. What do daily trading activities mean? Does that mean you always have to make money without losing money? Will higher interest rates threaten your payments? In this article we will unravel the mysteries of the Apex 30% Consistency Rule, explain its […]

6 mins read

The Mental Game of Trading by Jared Tendler Book Review

In “The Mental Game of Trading,” Jared Tendler delves into an often overlooked part of trading – the mental part. This book goes beyond technical analysis and market strategy, focusing instead on the mindset shift needed to succeed in business. Tendler emphasizes the critical role of emotional, cognitive, and psychological constraints on performance outcomes. Understanding […]

4 mins read

Understanding MetaTrader 4 (MT4) and MetaTrader 5 (MT5)

What is MetaTrader 4 (MT4)? MetaTrader 4 (MT4) stands as one of the most renowned forex trading platforms globally, residing within the MetaTrader suite crafted by MetaQuotes Software Corp. Launched almost two decades ago in 2005, MT4 has garnered its reputation for its extensive customization options, a plethora of built-in technical indicators, an embedded programming […]

4 mins read

Understanding Drawdown in Prop Trading Firms: Risks and Management

In the realm of proprietary trading, managing Drawdown in Prop Trading limitations is a crucial aspect of risk assessment and mitigation. This guide explores the significance of drawdown limits, their implications for traders, and strategies for effective management to ensure a profitable trading environment. What is Maximum Drawdown in Prop Trading? Maximum Drawdown (MDD) is […]

5 mins read

Top Forex Prop Firms in 2024 on Trustpilot Ratings

In the landscape of financial markets, finding the right forex prop firm has become increasingly crucial for traders worldwide. With a multitude of options available, Trustpilot ratings emerge as a valuable resource, providing genuine insights into the experiences of traders and aiding in the decision-making process. Let’s delve into the top forex prop firms of […]

4 mins read

Forex Glossary

Navigating the world of forex trading requires familiarity with various terms and concepts. Below are explanations of some common terms used in forex trading: Ask Price: Also known as the Offer Price, this is the price at which traders can buy currencies. The Ask Price is displayed on the right side of a currency quote. […]

4 mins read