kwyjeffrey
Hongkong I'm a proprietary trader at The Trader Funds, passionate about sharing insights and strategies from years of day trading experience.
Discord: tchtamm
Hongkong 
how to handle leverage in forex trading like a pro
When it comes to forex trading, leverage is a tool that can amplify your profits, but it can also magnify your risks. It’s a double-edged sword. Using leverage effectively can improve your capital efficiency, but misusing it can lead to unnecessary losses. The key is to find a balance and manage you
understanding pips and how they affect your trades
In forex trading, the concept of "pip" is something you'll hear often, especially when traders talk about price movements. A pip stands for the smallest change in the price of a currency pair. Most major pairs like EUR/USD or GBP/USD move in increments of 0.0001, while pairs like USD/JPY move in 0.0
could trump boost bitcoin in the next 4 years?
Here's my take on how the next few years under a Trump presidency could impact the cryptocurrency scene, particularly Bitcoin. After that rally, with Bitcoin soaring almost 40%, it seems like the crypto market is feeling optimistic. Though Bitcoin's pulled back from $100,000, things still look good
why consistency is key in prop trading
When you trade with a prop firm, there’s often a rule that comes up a lot – the Consistency Rule. It's pretty simple but important for how things work with your trading. The idea is that your big wins shouldn’t make up the majority of your profits. A firm that follows this rule wants to see steady g
handling big trading losses, my personal approach
Dealing with a big trading loss can be tough, but it's just part of the game. It's important to stay grounded and approach the situation the right way. Here's a few thoughts I want to share on how to handle it. First, trading losses happen, and they can be big ones. The key is figuring out why the l
why mastering one trading strategy is the key to success
So here's a thought I wanted to share based on my experience with trading and focusing on just one strategy at a time. It's easy to get caught up in jumping from one strategy to the next, always looking for the next "holy grail" to fix things. But honestly, the real key to success is focusing on mas
understanding dojis, wait for the close
Not every doji signals a trend reversal. It’s just how the market talks—sometimes it’s clear, sometimes it’s noise. Here’s the thing: if you’re looking at a doji on a timeframe, the next candle hasn’t closed yet. That means the story isn’t over. Price could dip a little, then shoot above the doji’s
thinking about longer-term trading? here's the scoop
Alright, so we all know trading is about finding your groove. Some of us love the action on the 5-min chart, while others chill with weekly charts. Let's talk about the longer-term stuff, you know, the slow-burn approach. Why Go Long-Term? Less Screen Time: You’re not glued to the charts all day. Ch
16 key principles for successful investing
Embarking on your prop trading journey requires preparation and a mindset geared toward growing your financial assets. Let’s break down the essential steps to pave the way for success: Save Before You Start Building an investment portfolio begins with disciplined saving. Unless you're already wealth
essential resources for traders and investors
The following links provide valuable insights, tools, and educational materials to support your growth in the fast-paced world of trading and investing. Financial NewsNewsstrikeBloombergYahoo FinanceMarketwatchGoogle FinanceTrading ForumsElite TraderTrader’s LaboratoryTrade2WinBabyPipsSimulators for
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Oil, Gas prices up on escalating tensions with Russia
Moodiness due to a lack of a strong post-earnings rally from Nvidia remained short-lived. Investors rapidly shrugged off the company’s warning that the profit margin will dip to 73% on manufacturing challenges of the Blackwell chips, and thought they could cope with that small deterioration. The sha
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why you need a trading journal
Think of it this way: a trading journal is like the monitor in a race car that tracks performance metrics. Without it, you’re racing blind. Sure, tracking profit and loss (PnL) matters, but understanding why your PnL looks the way it does is what takes your trading to the next level. Here’s a quick
seriously it’s a game-changer
For boundaries, even a basic 20 SMMA channel can work. Check out mladen’s threads if you need ideas—he’s got some solid stuff there. I’d stick with USD and JPY pairs; they’re usually more predictable. Day trading’s tough, especially with a prop firm account like TTF. Let’s say you have a 100K accoun
learn from my trading mistake
Hello guys So, I started trading 3 years ago, and I’m gonna be honest—I burned through a lot of money. Mostly traded BTCUSD. Some days I made crazy gains (like 100%), but honestly, that was pure gambling, not trading. Overall, I lost more than I won. During that time, my trades were a mix of some kn
Pull-up Update
