Effective Ways to Control Drawdown and Protect Your Account
In trading, one of the biggest challenges traders face is managing drawdown. A drawdown happens when your account balance decreases after a losing streak, and if not controlled, it can lead to emotional stress or even an account breach. Whether you are trading in forex, crypto, or with a prop firm account, learning how to manage drawdown is essential […]
Patience is The Secret Weapon of Prop Traders
In the world of prop trading, many traders focus on strategies, indicators, or finding the “perfect setup.” While those tools are valuable, the real edge often lies in something far less discussed: patience. For a prop trader, patience is not just a soft skill — it’s a secret weapon that separates consistent performers from those who struggle. Why […]
Risk-to-Reward Explained: A Beginner’s Key to Smarter Trading
When it comes to trading in forex or crypto, beginners often focus on finding the “perfect strategy” or chasing winning trades. But smart traders know that long-term success is less about predicting the market and more about managing risk. That’s where the risk-to-reward ratio comes in. The risk-to-reward ratio (R:R) is a simple tool that shows how much you’re […]
How to Get Funded as a Trader: A Smart Path with Prop Firms
In the world of trading, access to capital is often the biggest barrier for aspiring traders. You may have the skill and strategy, but without sufficient funds, scaling up can feel impossible. That’s where proprietary trading firms (prop firms) come in — and platforms like Funded Knight are making it easier than ever. What Does “Getting Funded” Mean? […]
Starting Forex the Smart Way: What Beginners Should Consider First
One of the most common questions new traders ask is: What do I need to start trading forex? The answer isn’t just about capital — it’s about knowing your options, understanding your risk, and choosing the right entry path. Let’s explore the two main approaches for beginners: trading your own funds or starting through a prop firm […]
Risk Management 101: How to Protect Your Trading Account
If you’re new to trading, especially in a prop firm environment like Funded Knight, risk management is your most valuable tool. It’s not about avoiding risk entirely — it’s about controlling it so you stay in the game long enough to grow and get funded payouts. Let’s break it down in simple terms. What Is Risk Management […]
Swing Trading vs. Scalping: Which Strategy Fits Your Lifestyle?
When it comes to navigating the fast-paced world of forex and crypto trading, choosing the right strategy can make a meaningful difference in how you experience the markets. Two common approaches — swing trading and scalping — offer very different rhythms, and the one that might work for you often depends on your goals, time availability, and personal preferences. […]
Starting Small: Why Micro-Lots Are Perfect for New Traders
For those new to the forex market, the idea of making trades can feel exciting — but also a bit overwhelming. With charts, leverage, and fast-moving prices, it’s easy to jump in too quickly. That’s where micro-lots come in. Trading with micro-lots allows beginners to ease into the market while learning the ropes and managing […]
Forex vs Crypto: Which One Is Right for You?
When it comes to trading online, two popular markets often catch attention: forex trading and cryptocurrency trading. Both offer opportunities for profit, but they also come with unique challenges. Choosing between forex and crypto often depends on your trading style, risk tolerance, and overall financial goals. Forex Trading It involves the exchange of national currencies […]
Is the Market Going Up or Down? Learn the Basics of Trend Analysis
When it comes to trading or investing, one common question is: “Is the market going up or down?” While there’s no clear-cut answer, understanding trend analysis in trading can help you make more informed decisions. What is Trend Analysis Trend analysis is a method used to predict future price movements based on past data. It doesn’t guarantee anything, but it […]