Some final words of wisdom before you venture out into the challenging world of trading forex.
Retail prop firms offer traders the opportunity to trade with large capital without using their own. Here’s what you need to know before risking your money on an evaluation.
What is a prop firm? Uncover the truth about proprietary trading. Learn the difference between retail and traditional prop firms, and see if a funded trader challenge is right for you.
Prop firms offer the chance to trade with large capital and no personal risk but is this too good to be true? We break down the most common myths so you can decide if it’s right for you.
Discover the real prop firm business model. This lesson explains how firms profit primarily from evaluation fees and why your success isn’t required for them to win.
Understand the prop firm industry before you trade. Discover the ecosystem of tech providers, affiliates, and brokers that fuel the “gold rush” and why it’s unregulated.
Are prop firms a scam? We uncover the truth. Learn to spot the 5 biggest red flags that separate legitimate firms from those designed to make you fail.
Not all prop firms are scams. Discover which firms operate legitimately, understand built-in conflicts of interest, and learn to use prop trading as a tool for skill development.
Can you succeed with prop firms? Yes, but it’s rare. Learn the traits, strategies, and risk management tips used by the 1-2% of traders who get consistent payouts.
Less than 10% of traders pass prop firm challenges. Learn the risk management strategies that increase your odds: R-multiples, position sizing, and more
Learn how to build an effective risk management plan for prop trading. Discover position sizing, daily limits, and drawdown rules that help increase your odds of passing.
Why do prop traders with winning strategies still fail? These 4 avoidable mistakes destroy more accounts than bad setups ever could.
Learn advanced prop firm risk management strategies to pass challenges and stay funded. Discover why reducing risk as you progress is the key to success.
Most traders don’t realize prop firms use white-label platforms. Here’s how they work, why the tech barrier is gone, and what really separates the serious firms.
Want to approach prop firms safely? This lesson provides a step-by-step framework for choosing the right firm, passing challenges, and avoiding costly mistakes.
Learn how to control the 4 emotional triggers that destroy prop firm challenges. Master revenge trading, FOMO, overconfidence, and boredom with proven systems.
Will prop firms last? This lesson analyzes the future of the prop trading industry, covering the coming wave of regulation, industry consolidation, and tech changes.
This lesson synthesizes everything you need to know into one actionable prop firm strategy.
Pass your prop firm challenge using proven risk management principles. This actionable checklist covers trade selection, RR ratios, and the mindset habits of successful traders.
Making mistakes is part of the learning process when it comes to trading. Here are the most common mistakes that beginner traders make.
The 5 O’s of trading are fatal for traders. Your success depends on avoiding these mistakes. Learn what they are before it’s too late and you end up blowing your account!
Do you want to learn how to make all the money you just deposited in your trading account quickly vanish?
Here are some trading tips every forex trader should keep in mind before trading currencies.
What separates good traders from bad traders?
As awesome as the world of trading is, we can't deny the fact that there are a lot of trading scams out there, so read through this section carefully!
Would you entrust your hard-earned money to a complete stranger? If you answered “yes,” then account managers are for you!
The forex market can be very exciting and a way to build wealth, which unfortunately means it attracts the less desirable sort who will try to take advantage of others. Don’t be a sucka…learn their tricks here!
In the forex world, a “robot” or an “expert adivsor” is a program that strictly uses technical signals to enter in trades automatically. Sometimes the robots work, but usually they don’t!
Ever thought about subscribing to a forex trading signal service? Before you do, make sure you really know what it is all about!
Did you know that certain brokers are actually scammers? Believe it or not, there are some brokers who “cheat” their clients.
If you’re in the US, you’re not alone to fight the battle against forex scams. Read more to see who has your back!
Don’t worry if your broker is not U.S. based. Other countries also have their own regulatory agencies!
Scams are real. Let’s close out this section with the six most frequently asked questions about them!
Get to know yourself first before doing anything else in your FX journey. Give the quizzes a shot and find out more about the budding trader in you.
Each trader is unique, which means each trader needs his own trading style. Are you a scalper, day trader, swing trader, or position trader?
Picking which currency pair to trade is just as important as finding your own trading style. You have to find a currency pair that you are most comfortable trading.
Are you a newbie or a pro? Your level of trading experience will determine whether you should trade live or stick to demo for a while.
Some traders rely heavily on indicators while others merely look at price action for a trade. Which style do you prefer?
Should you go with a trend-following mechanical trading system or a reversal-spotting one? Find out what kind suits your personality better by taking this quiz!
While taking risks is inherent in trading, each trader has his own risk comfort level. Some are completely fine with betting half their balance, while others prefer extremely safe trades.
There are four main kinds of stops. Based on your personality and methods, which one should you use?
"You're finally done with the School of Pipsology. But the truth is, you've barely scratched the surface. There are a lot more things to learn!"
They say all good things come to an end. Now that you’re about to enter the real forex trading world, you have be ready to dive in and wrestle with the biggest sharks.
Time is the best investment you can make as a trader. Every single day should be taken as a learning opportunity.
Forex trading is a zero-sum game which is why trading like a forex dealer works to your advantage.
Why you shouldn’t always jump in when you see the forex market making sudden moves.
In the beginning, the process of learning forex trading properly and consistent deliberate practice should be your main focus, NOT the profits.
Nobody can perfectly predict the market every single time. So, sorry to burst your bubble but the Holy Grail of trading systems doesn’t exist.
As a new trader, your main goal should be to make good trading decisions and SURVIVING!
Like any other profession or craft, to be truly successful, you must love what you do.
It's choice - not chance - that determines your destiny.Jean Nidetch