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What is Scalping in Forex? Scalping is a style of forex trading that aims to capture small price movements of an asset at a time, eventually building this up to make a reasonable profit. This article explores the fundamentals of scalping: what it is, how it works, and the best scalping strategies and indicators to...

It is hard to say exactly how much forex day traders make as most traders are known to be very discreet about their earnings. Based on recent case studies, the estimate for the average salary for day traders in the United States is approximately $43,378 per year. The requirement for the job is a Bachelor’s...

There is going to be a lot of price volatility in the forex and commodity markets in 2023 as a result of political and economic events that will shake the world. These will produce great opportunities to profit from the news. This article will show you which macro economic data you should be trading in...

News flash: As of close of trading on Friday 17 March, the Financial Times is reporting that the boards of UBS and Credit Suisse are to meet to discuss UBS’s potential takeover of all or part of Credit Suisse. The situation remains fluid and we could have very volatile market conditions next week. But read...

Participating in a funded trader program is about more than just making and splitting profits. The prop firms also want to see that you obey the principles of risk management and that you can follow the rules. They want to know if they can entrust their money into your care and that you can responsibly...

Whether you participate in the True Forex Funds Evaluation process or go straight into the funded account trades, consider adding gold to your asset list in 2023. Gold trading is one of the most overlooked assets listed on forex platforms.  Some prop firms prohibit gold trading for various reasons best known to them. While many...

Learn about contract specifications of asset classes, units of measurement of price moves and how these affect trade costs, profits, or losses.

What is a forex prop firm? Before jumping into comparisons, let’s learn about prop firms and why they may be good options for traders. To get funded by a Proprietary trading firm, traders have to go through a two-phase evaluation program. Then the firm funds them and they receive a profit sharing from the total...

In the high leveraged forex day trading, certain practices can result in substantial losses. Day traders and news traders frequently make blunders that eventually have the opposite impact from what they were hoping to achieve: higher returns. In this article, we discuss potentially fatal errors that can be avoided with preparation, discipline and an alternative perspective.