In the dynamic world of trading, deciphering market movements can feel like navigating a foreign land. Technical analysis (TA) equips you with the tools to translate the cryptic language of charts and identify high-probability trading opportunities.
The search for the talented trader globally is real and fierce! Prop firms like Axe Trader enables traders globally to have access to funding via the prop firm business model. Here traders build on their skillset by executing various trading strategies with a trade plan that includes solid risk management. Democratising the experience of trading with rewarding payouts on funded account profit splits allows only the best traders to survive! Natural selection is the natural order in survival of the fittest, hence only traders with a profitable strategy and proper risk management will pass the verification or challenge phase and receive a funded account that is eligible for payouts or withdrawals of profit splits! With prop firms like Axe Trader you can risk as little as $48 for a $5K account or $1498 for a $250K account. This is how you build your first 5 figures from trading with as little invesment as possible!
Our capital, your skills
1. Learn risk management: If you have a maximum drawdown of 10%, aim to risk between 0.5% to 2% of the account size per trade.
2. Art of Behaviourial Psychology: Money moves from the impatient to the paitient. So do not enter a trade set up unless you are confident about your confluences while trading. Once you do enter a trade set up, always let your trade hit your Stop Loss or your Take Profit. Don’t let your emotions decide the fate of your trade, stay rational in your decision making!
3. Have a Trade Plan: Set yourself a daily trading routine to trade only the NY session or the London Session. Set a daily loss % of your account size (say 2%). This will prevent you from overtrading and will ensure you trade only A+ set ups!
4. Perfect a trading strategy: Weather you’re an intra day trader or a swing trader, ensure you perfect your entries and exits to maximise risk to reward per trade. Ideally, you would aim for a risk to reward of 1:2.5 per trade
Trading is often simple, so dont over complicate it. 80% of the stress you feel while trading a set up is mental, so dont fall prey to your own emotions. Trade only the best set-ups, follow your trade plan with proper risk management and perfect the art of your trading strategy! This is how your develop the skillset of the few who individuals who pass our challenge accounts and successfully withdraw their profit splits consistently. So, are you Ready to take your trading to the next level? Traders get the funding they need with Axe Trader. Follow us on our socials to keep up to date with promos, and new updates to our business operations. Here’s all our Axe Trader social handles:
X: https://x.com/axetraderhub?lang=en
Discord: https://discord.com/invite/axetrader
Instagram: https://www.instagram.com/axe.traderhub/
Facebook: https://www.facebook.com/AxeTraderHub/
Linkedin: www.linkedin.com/company/axetraderhub/
Take advantage of our extensive resources, expert support, and a trading environment designed for your long-term success.
Sign up now here: https://dashboard.axetrader.com/en-US/sign-up
Begin your journey towards becoming a successful trader with Axe Trader: Assume Zero Risk - Keep upto 100% of the simulated profits!
Axe Trader Ltd. offers fee-based assessment services and facilitates connections with third parties for Potential Traders who meet specific criteria defined by Axe Trader (“Eligible Traders”). Our services involve evaluating the simulated trading performance and results of Potential Traders in certain virtual off-exchange foreign currency instrument pairs (“Forex”) and/or selected virtual contracts for differences (“CFDs”). We conduct data analysis based on simulated trading activities in demo accounts traded by Potential Traders through Axe Trader’s platform, utilizing data provided by a third-party broker. Our methods and techniques are established and maintained by Eligible Traders.
Axe Trader grants access to a third-party’s simulated trading platform, related demo accounts, and simulated trading information for the purpose of conducting data analysis and assessment services. This third-party offers Eligible Traders a simulated trading environment and an opportunity to earn a share of virtual trading gains generated in demo accounts, as specified in their agreement with the Eligible Trader.
Additionally, Eligible Traders acknowledge and agree, as outlined in their agreement, that the third party has the right to collect and use the data obtained from Axe Trader for their own benefit, including the option to replicate trading activities based on this data. The third party also retains the right to incorporate any information received from Axe Trader regarding Eligible Traders into actual live market trading, which they will conduct for their own account and at their own risk.
Theoretical performance outcomes should not be considered as reflective of real trading experiences and are typically formulated with the advantage of historical knowledge, which may either overstate or understate the influence of specific market factors such as limited liquidity and price fluctuations. Moreover, since theoretical trading does not carry financial risk, it cannot fully encompass the impact of various risk-related elements, including an individual’s or advisor’s capacity to manage losses or adhere to a specific trading strategy when confronted with trading setbacks.