How Can Prop Traders Leverage RSI
Relative Strength Index (RSI) is one of the most widely used tools by Prop Firm Traders. This concept was developed by J. Welles Wilder Jr. and introduced in 1978 in a book named “New Concepts in Technical Trading Systems”. This indicator is available on almost all trading platforms.
Why Moving Average is Considered a Key Concept in Prop Trading
The concept of moving average is prominent in prop trading. The traders make crucial decisions based on the outcome of these calculations. To understand this better, let’s take an example: assume the price of an instrument for the last 5 days is $10, $12, $15, $17, $20 – the total is $74, and when divided by 5 days the moving average comes to be $14.8. This is called the Simple Moving Average (SMA) and helps understand the overall trend and mitigate the recency effect. Now, that the concept is clear let’s dwell on its further parts and understand how a prop trader benefits from its usage.
Silver Price Outlook: Short-Term Trends & Opportunities for Prop Traders
Very often, people say ‘Born with a silver spoon’ or ‘Every dark cloud has a silver lining’. This shows that silver holds a significant place in our society and business as a whole. For a prop trading firm, it becomes equally important as an instrument for traders to trade. In this blog, we will break down the details of this valuable commodity and why it’s traded:
Dow Jones Index: A Key Barometer for Proprietary Trading Firms
Little would Charles Dow, the founder of Wall Street Journal and Dow Jones & Company have imagined that his name would become one of the most powerful business Performance Index across the globe. The Dow Jones Index was first introduced on May 26, 1896. This is a representation of the top 30 large business units listed in the US. Some notable companies included in this index are Apple, Cisco, Boeing, Amazon, Goldman Sachs, Visa, and Walmart, among others.. These companies serve as a strong representation of industry leaders across various sectors of the economy..
Some of the reasons for Traders to go for Dow Jones Index are as below:
Why NAS100 is a Go-To Instrument for Prop Trading Firms: Key Factors to Watch
NAS100 or Nasdaq100 is an Equity Index of the largest 100 non-financial companies. It’s a barometer of the US economy and represents the health of IT companies. NAS100 was formed on 31st January 1985 and shot to fame during the dot com revolution. To assess the Financial Firms there is a Nasdaq Financial-100. This index has seen the rise of the US as Super Power in the world, 2000 IT recession, Housing Bubble, 9/11 attack and subsequent wars in the Middle East, Russia/Ukraine conflicts and change of US presidents.
Most of the prop trading firms have an Instrument to trade for NAS100. It’s a popular instrument to trade. There are a lot of reasons and key points that a prop trader should look at while trading the index.
US Dollar Short-Term Outlook: What Proprietary Traders Need to Know
Mr. Trump took office on January 20, 2025, and since then slogans to build America again and America First have gained momentum. There has been a significant focus on improving the Domestic US economy and trying to give it an edge over the other countries. The new tariff rates have been imposed on Canada, China and Mexico. The BRICS nations are next in line. As a Proprietary Trader, some of the key points to focus for a short-term basis the current updates are as follows:
Strategies for Trading in Brent Crude Oil for Prop Traders
Oil is a non renewable resource and hence its supply is to a limited extent. Globally the benchmark for any developing economy is the Oil import or export bill. The recent US government has stressed on increasing the production of crude within its own oil fields throwing a spanner in the midst of rising Geopolitical tension due to Oil. OPEC was formed on 14th September 1960 by five oil producing countries and has been driving the markets since then. Oil is an important commodity that represents an opportunity for traders during prop firm challenges as it has strong price derivation due to demand and supply along with ever increasing demand. Few risks, strategies and advantages of trading with a prop trading firm for Oil are as follows –
How Tariffs on Imports Are Shaping Currency Trends: Insights for Proprietary Traders
The new US President has recently assumed office and the important announcement from his initial set up is on changes on Tariffs on imports specifically from Mexico and Canada. This has been a talking point since the election results were announced. So let’s have a close look at how these events impact the Prop Trading Firms and the traders.
BTC Long Positions and Their Implications for Proprietary Trading Strategies
Bitcoin will always be the blue eyed boy for the Crypto Markets. And this has been proved over a period of time. All the technological advancements in the field have been post arrival of Bitcoin and the whole industry is benchmarked with its performance. For every proprietary trader the BTC positions for their traders is extremely important. There are few points that all traders should keep in mind when there is a long position for a BTC pair and its significance. BTC long position is a basic strategy that is used by Prop Firm Traders.
CFD Trading: Capitalizing on Market Swings in Prop Trading
Today’s world receives the information at the click of a button, this is applicable for CFD Trading techniques as well. But can a trader completely rely on such data, will this really work for all, and the answer is not all size fits all. Lets look at some of the quick check facts for Trading that shall help the members of Hola Prime – prop trading platform to be better equipped.