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Prop-Firm Or Proprietary trading is a firm/company which funds traders with money as a lack of capital in itself can lead to a downfall in forex trading. Without enough trading funds, you cant go full-time. As time goes by now there are a lot of prop-firms more than 10 companies waiting to fund traders up to 1 million some even 2 million dollars. As always do your own due diligence research as investing does come with a risk. Link to the suggested prop firms FTMO: https://ftmo.com/en/?affiliates=3127 MFF: https://myforexfunds.com/?wpam_id=1818
Being Profitable is probably one of the difficult things to attain only a select few get it right. As the stats say 90%+ of retail traders lose money where there was introduced the 90-90-90 rule, 90% of traders lose 90% of their capital in the first 90 days.
Market Manipulation is a term that came up with retail traders as they think large funds, banks hedge are looking or hunting their stop losses just to be logical there is bigger fish to fry. The concept itself is a great sales point and works well as a marketing term.
Often times we as traders look for things that keep our emotions safe when we feel threatened we look for social validation is not any different in real life. Elliott Wave Theory is a trading method used to identify repeating price moves the approach to Elliott Wave is a bit complex the are levels that are considered to be invalidation once price bridges these levels we recount everything which in itself can keep us blind as the methods is never wrong or questioned but the one who is implementing it but it all makes logical sense we are not machines so we can be wrong no method is 100% as markets are constantly evolving.
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