Proprietary trading is a common method of participating in the financial market by being part of a bigger company. The service is provided by several companies that offer their services globally. Most of these companies are not well-known. In this article, we will look at what prop trading is, how it works, and some of the best companies in the industry. Proprietary trading … [Read more...] about Top 4 Proprietary Trading Firms for Day Traders
Forex Trading Strategies
Your Guide to Short Selling Currencies in Forex
As with any other traded asset, shorting a currency is ideal when you believe that it is headed for depreciation in the future. However, you have to time your short position appropriately so that the market does not turn against you. In the forex market, unlike the stock market, shorting does not imply borrowing the asset from your broker. Instead, it simply … [Read more...] about Your Guide to Short Selling Currencies in Forex
How to Deal With Losses in Trading
Losses are an inevitable part of trading. Various sources may try to convince us otherwise, presenting trading systems with an 80-90% win rate. A high win rate appeals to the people’s tendency of the desire to be right, thus attracting new buyers or subscribers of that “secret bulletproof method”. The reality is it’s extremely hard to devise a truly profitable system … [Read more...] about How to Deal With Losses in Trading
Long Forex Position and Strategies to Use
In the financial market, just like all other types of trading, to buy a currency pair long means that you're expecting the price to appreciate. The opposite is shorting, when you predict a price to drop. When you conduct forex trade, you are speculating on both the increase and decrease in the currency's value. Because currencies are traded in pairs, going long, in … [Read more...] about Long Forex Position and Strategies to Use
How to Trade in a Choppy Forex Market
The trends in sideways markets are fairly easy to spot. To detect sideways markets across a range of timeframes, you should determine the highest and lowest price levels. These two levels establish your range. Next, in the present price range, we want to watch how the asset behaves. If it is struggling to overcome support or resistance, it signifies that the pair is trading … [Read more...] about How to Trade in a Choppy Forex Market
