Trading is not all that complicated once you learn a simple, rules-based strategy for anticipating market moves. It can be extremely lucrative but it can also be very frustrating when you start trading with a forex prop firm if you start out on the wrong foot. We’ve identified the 8 major pitfalls that you should avoid if you want to have a successful trading career with one of the best proprietary trading firms . 1. Training by companies or people with ‘no real market’ experience. The financial markets are littered with educational companies posing as ‘experienced’ traders and promising huge returns. They prey on your emotions and are more interested in getting money out of you instead of teaching you to trade successfully. So the first thing you should do is request a copy of their career history. If there is no investment bank trading experience then head for the hills. All you’ll be getting is 3rd to 4th hand experience and you could probably find that fo...
FOREX FOR BEGINNERS 101
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