A proprietary trading firm provides the trader with the opportunity to trade on its behalf and to use the capital allocated to him while trading in compliance with the established trading rules and restrictions. These rules most often relate to risk management. As an example, we can consider set values for maximum daily drawdown, daily…
Risk Management is very important part of successful trading. Industry standard trading rules and account limits should be used to ensure trader’s safety and steady profit. Breach of ‘Trading Rules’ = Soft Breach = Trade Closed Continue Trading Breach of ‘Account Limits’ = Hard Breach = Account Closed + Reset Required You will not need…
To start trader career for Prop Trading Company, you need to find proper company. Usually Prop Trading Firms offer different stages for new registered traders. Practical Assessment (or Challenge Ability) At this stage the competence of the trader is assessed with the trading demo account. Payment terms and access times may vary in different companies….
What MetaTrader Programming Services Do You Offer? We develop expert advisors, scripts, indicators, and libraries for MetaTrader 4 and MetaTrader 5. We also develop trading systems invovling the use of one or more of these components. What is a Metatrader Expert Advisor? An expert advisor is an automated trading system (ATS). When executed…