Prop trading

Survey Reveals That 46% of Millennials in Major Economies Own Cryptocurrencies

Millennial Dominance in Cryptocurrency Ownership According to a recent survey conducted by Bitget, 46% of millennials in six major countries own cryptocurrencies, compared to 25% of Gen X, 21% of Gen Z, and just 8% of baby boomers. The study was conducted between July 2022 and January 2023 and included around 255,000 adult respondents from […]

Economic Risks Darken Demand Outlook for Oil Prices

Crude oil prices have fallen to their lowest level since March 24, dropping more than 11% since the start of the month, according to DailyFX.com. WTI futures are down 5% in early afternoon trading in New York, indicating that bears are in control of the market. Traders fear that the US economy is headed for […]

Gold Uptrend Hinges on Breaking Through Key Resistance Levels

For four of the past five days, gold has been testing the support of its short-term uptrend line, but each time it has been rejected to the upside around the line, according to a forecast by Bruce Powers on FXempire.com. Over the past five trading days, there has been a series of higher daily lows, […]

Bitcoin Bulls Reveal Their Hands as BTC Price Aims to Retest $30,000

According to a recent article on FXStreet.com, Bitcoin’s price is showing an optimistic start to the week with a potentially quick recovery rally in the works. The four-hour chart shows an exaggerated bullish divergence, indicating that BTC could make a bullish move that propels it to $29,726. However, if the price experiences a four-hour candlestick […]

Euro Falls from Two-Week High Amid Profit-Taking

The euro retreated from its two-week high against the US dollar, experiencing its first loss in four days due to profit-taking, according to a recent article on Economies.com. The euro had previously climbed above $1.1, with bullish comments from ECB officials further bolstering its prospects for a rate hike of 0.5% this week, pushing it […]

Everything to Know About Prop Firms

Prop firms are businesses that offer traders access to funds and trading platforms in exchange for a cut of the earnings. These companies have grown in popularity in recent years because they give traders access to large quantities of capital and allow them to trade with lower risk than they otherwise would. Working with a […]

Proprietary traders prepare for big year ahead

With many analysts forecasting increasing volatility and uncertainty in the aftermath of continuing global events including geopolitical tensions, inflation worries, and supply chain disruptions, 2023 is shaping up to be a critical year for financial markets. Proprietary traders are preparing for what looks to be a difficult but potentially successful year, that’s according to the […]

5 things you didn’t know about forex traders

If one was interested in forex trading, they would have probably done extensive study and learned a lot about the markets, trading methods, and instruments. Nonetheless, one may not be aware of a few interesting facts concerning forex traders. What distinguishes a good forex trader from the rest, first of all? The typical defenses, such […]

Traders union conducted an independent research what is a prop trader

In proprietary trading, businesses trade financial products such as stocks, bonds, currencies, and commodities using their own capital rather than that of their customers. Private traders frequently examine market data and make trading decisions using highly complex algorithms and quantitative models. Proprietary traders need to be ready for the great future ahead as the financial […]

Andreas Lambrou joins prop trading firm novustrader

The top proprietary trading company, Novustrader, has announced the hiring of Andreas Lambrou. Lambrou brings a wealth of experience and knowledge to the firm’s trading desk as a seasoned trader with more than ten years of experience in the currency markets. John Doe, CEO of Novus Trader, said: “We are delighted to welcome Andreas. We […]

Category: Prop trading