Kathy Lien
BK Asset Management
I came across an interesting poll with some real prop trading stats.
In this video I talk about how prop traders made millions. How much they spent on average on prop firms.
Whether they are new or experienced traders.
How this poll shows that 90% of prop traders dont fail -the statistics are better than that and what type of prop firm rules they dislike.
I hope this video gives you better insight into the opportunities for prop firm traders
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD falls to fresh weekly lows as Trump fuel fears
EUR/USD came under selling pressure and fell towards fresh lows in the 1.1470 price zone. The US Dollar gained bullish traction following US President Donald Trump's comments on the Middle East crisis, as he hinted at no more talks but rather US action against Iran.
GBP/USD plummets, nears 1.3400 as sentiment sours
GBP/USD nears the 1.3400 level ahead of Tuesday's close, its lowest in three weeks. The risk-averse market atmosphere amid Middle East tensions fueled by US President Trump's comments helps the USD stay resilient against its peers ahead of the Fed's and BoE's decisions.
USD/JPY Price Forecast: Bulls are taking control, aiming for 145.35 and 146.00
USD/JPY appreciates for the third consecutive day, approaching 145.35 resistance. The Yen is trimming gains after a positive reaction to the BoJ's decision. Technical indicators suggest a trend shift with a potential target above 147.00.
Editors’ Picks
EUR/USD falls to fresh weekly lows as Trump fuel fears
EUR/USD came under selling pressure and fell towards fresh lows in the 1.1470 price zone. The US Dollar gained bullish traction following US President Donald Trump's comments on the Middle East crisis, as he hinted at no more talks but rather US action against Iran.
GBP/USD plummets, nears 1.3400 as sentiment sours
GBP/USD nears the 1.3400 level ahead of Tuesday's close, its lowest in three weeks. The risk-averse market atmosphere amid Middle East tensions fueled by US President Trump's comments helps the USD stay resilient against its peers ahead of the Fed's and BoE's decisions.
Gold fluctuates below $3,400 as traders turn reluctant ahead of Fed
Gold continues to fluctuate in a relatively tight range below $3,400 in the American session. Traders remain reluctant to take large positions ahead of the Federal Reserve's policy decisions, while keeping a close eye on headlines surrounding the Iran-Israel conflict.
Bitcoin falls slightly as Trump calls security advisors to deal with Iran-Israel war
Bitcoin price declines slightly to around $106,000 on Tuesday following a mild recovery the previous day. Donald Trump leaves the G7 summit early to return to Washington and meet with his national security team.
Chinese data suggests economy on track to hit 2025 growth target
China's May data was mixed with strong retail sales, but soft readings on fixed-asset investment and property price. Overall, though, data suggests that China remains on track to achieve its growth target in the first half of 2025.
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