Author: Admin
Why Most Prop Traders Fail The Hidden Trap of Relative Drawdowns Explained Many aspiring proprietary traders fail their evaluations not because they lack talent, but by misunderstanding one of the most crucial and least forgiving rules in the prop trading world: relative drawdowns. While inexperience, poor discipline, over-leverage, and weak risk management all contribute to failure, misunderstanding relative drawdowns is one of the biggest reasons even profitable traders lose their funded accounts. The Hidden Trap of Relative Drawdowns Explained The Real Reason Many Prop Traders Fail Prop firm evaluations are designed to assess a trader’s ability…
Energy companies in the S&P 500 have put up a 42.5% revenue gain in the second quarter, powering the index’s sales performance.
The week in one sentence: a historic Yen short unwind led to a broader recovery in FX positioning, while Gold strengthened with price confirmation, and renewed selling in WTI and Coffee reinforced commodity weakness.
“My father placed his $600,000 Wisconsin home into a revocable trust, naming my brother as beneficiary.”
MON: BoJ Summary of Opinions TUE: RBA Announcement WED: German Final Inflation (Jul), IEA OMR, OPEC MOMR, US CPI (Jul) THU: Norges Bank Announcement, UK GDP (Q2), US PPI (Jul) FRI: EZ Employment (Q2) and GDP 2nd Estimate (Q2), US Retail Sales (Jul), US University of Michigan Prelim (Aug) WEEK AHEAD BOJ SUMMARY OF OPINIONS (MON): The BoJ will release the Summary of Opinions from its July 31st meeting, where the central bank kept rates unchanged at 1.00%, as widely expected, after raising rates at its previous meeting in June. The decision was made by an 8-1 vote, with board…
Two months after he was blocked by the Supreme Court, President Donald Trump has resumed his effort to oust Federal Reserve governor Lisa Cook as part of an effort to stack the central bank’s board with more allies.
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH confined to a narrow intraday range, with flat momentum suggesting consolidation between 6.7450 and 6.7550. Their 1–3 week view still anticipates the Dollar edging lower toward 6.7300 while 6.7640 caps the upside, and over 1–3 months a sustained recovery requires a break above the 21-week EMA at 6.8430.Dollar seen consolidating in tight band”24-HOUR VIEW: Following Wednesday’s price movements, we highlighted the following yesterday: “Despite the quiet price action, the underlying tone appears to be soft, and there is a chance for USD to test 6.7420. However,…
Shares of Sandisk and Western Digital fell hard after investors were left unimpressed by those companies’ earnings reports.
Retail Prop Trading (short for Retail Proprietary Trading) has become one of the fastest-growing trends in the trading world. It allows individual traders to access a proprietary trading firm’s capital and technology to trade financial markets, including forex, stocks, indices, and crypto, instead of risking their own money. While it’s often described as trading a firm’s capital, most retail prop firms use simulated (demo) accounts that mirror real market conditions. The firm manages the risk and once a trader passes a challenge and gets a funded account, pays a percentage of the profits they earn, typically between 70% and 90%.…
The cloud-monitoring company faced a high bar due to its strong stock performance this year and ended up beating expectations by less than it did in the prior quarter.