Understanding Forex Sentiment Meter and COT Reports in Trading

forex sentiment meter

What is a forex sentiment meter? For those entering the forex trading arena with a novice’s perspective, recognizing and comprehending market sentiment stands as a pivotal aspect due to its profound impact on currency valuations. Market sentiment encapsulates the collective emotional stance of traders engaged in a specific currency pair, thereby serving as a barometer […]

FTMO Announcement: How the Temporary Suspension Affects US Traders

ftmo

In a surprising turn of events, FTMO, a renowned trading platform, has made an announcement that may have significant negative implications for traders in the United States. As of January 2024, FTMO has temporarily suspended the purchase of FTMO Challenges for new and existing US clients due to specific market conditions. Let’s delve into the […]

Prop Trading Firms and the FX Market: What Are the Trends for 2024?

prop trading firms

In a proactive move signaling confidence in the financial markets, prop trading firms across the globe are gearing up for a substantial uptick in their foreign exchange (FX) trading activities and increased investment budgets in 2024. The catalyst for this development lies in the findings of the latest Acuiti Proprietary Trading Management Insight Report, unveiled […]

Understanding Proprietary Trading firms: effective strategies

proprietary trading firm

Prop Trading Firms: an overview of the basics Proprietary trading, commonly known as prop trading, involves financial institutions and hedge funds using their own funds for investments rather than managing client money. This allows them to directly earn profits from trades instead of relying solely on commissions. Historically, prop trading emerged as a means for […]

How to Avoid Scams in Prop Trading Firms

prop trading firms

  It is quite simple to fall for the lifestyle promoted by fictitious traders who assert that they can make five to six figures per month by trading for a few hours a day. While it is true that dealing with legitimate prop trading firms might help traders make money in that way, if investors […]

FundedNext vs OFP, A Profit Share Showdown

fundednext

Introducing FundedNext, where a captivating dance between challenges and profit sharing takes center stage… At the expense of traders. Let’s get to know their intriguing challenges: Evaluation, Express, and Stellar, each a puzzle in its own. And let’s not forget the 15% profit share, a figure that has certainly raised some eyebrows. FundedNext’s Challenge Chronicles […]

Unveiling the Illusion: True Forex Funds and Their 2-Phase Evaluation Program

true forex funds

Ah, the world of forex trading! Where fortunes are made and lost faster than you can say “pip.” But fear not, dear aspiring traders, for the ever-so-gracious True Forex Funds has come to your rescue with their tantalizing 2-Phase Evaluation Program. Strap in, folks, because we’re about to take a hilarious rollercoaster ride through the […]

Prop Trading Market Size: A Global Industry Overview

prop trading

The global prop trading sector has experienced significant growth and expansion in recent years, this type of trading has become increasingly popular. This article takes a closer look at the size of the prop firms market, its growth potential, its impact on financial markets, and its key drivers. The prop firms market is a huge […]

The ultimate guide to prop trading: everything you need to know

prop trading

Prop trading, as it is commonly known, is the activity of trading financial assets using a company’s own funds rather than those of its clients. Prop trading companies participate in a variety of financial markets, such as stocks, bonds, currencies, and derivatives, using their own money. Successful prop traders have the potential to produce substantial […]