<p>To assist
you in creating a watchlist of <a target=“_blank“ href=“https://finaguide.com/“ target=“_blank“ rel=“follow“>possible investments</a>, we discussed
how to locate stocks that you comprehend, have meaning for you, and are
competitive in their industry in the previous chapter.</p><p>This is
where the research ends for the majority of individuals. They invest their
money in the market irrationally and pray for the best.</p><p>This
approach has flaws, chief among them being that it needs to assess a company’s
financial stability. Using economic measures to evaluate a company’s worth as
an <a target=“_blank“ href=“https://finaguide.com/Registration“ target=“_blank“ rel=“follow“>investment and potential for future profit</a> is crucial.</p><p>Why Stock
Metrics Matter</p><p>Stock
metrics are used to evaluate, contrast, and monitor stock performance. These
measures are recognized as a quantitative evaluation technique. Value investors
and financial planners also use them to create a picture of a stock’s
performance.</p><p>In addition,
equities may be frequently evaluated using this information to track their
performance and develop long-term investing plans.</p><p>When
selecting an investing plan, a wide range of stock measurements may be employed
to great advantage. These investment criteria have been created over time to
enhance effectiveness and adhere to industry norms.</p><p>THE KEY
METRICS TO VALUE A STOCK </p><p> By calculating these financial parameters, you
can determine if the company you are considering is reliable and capable of
generating excellent returns year after year.</p><p>1. Return on
Capital Invested</p><p>Return on
Invested Capital (ROIC) should be the first of the „Big 5 Numbers“
that you consider (ROIC). This is the annual return a company receives on the
money it invests in itself.</p><p>The ROIC
gauges how well a business uses the money to generate profits. It is the single
most significant indicator of how successfully a firm is doing, and it offers
invaluable advice on whether you should consider investing in that business.</p><p>2. Sales
Growth Rate</p><p>The Revenue
Growth Rate, often known as the Sales Growth Rate, is a relatively simple
concept. It is the pace at which a company’s overall revenue increases (or not)
year over year.</p><p>3. Growth in
Earnings Per Share</p><p>Earnings Per
Share, often known as EPS Growth Rate, is the third of the Big 5 Numbers. This
figure illustrates the trend in how much the company is making per ownership
share over a specific time frame.</p><p>Net profit
is divided by outstanding shares to determine earnings per Share (EPS).</p><p>4. Equity
Growth Rate</p><p>The equity
growth rate demonstrates whether and by how much a company’s equity has increased
or decreased over time.</p><p>Why is it
essential that a company’s equity is increasing?</p><p>The fact
that a company’s equity is increasing suggests that it has enough extra cash
(after paying its bills) to invest in equipment that will boost future sales.</p><p>5. Rate of
Operating Cash Flow Growth</p><p>The
Operating Cash Flow Growth Rate is the last financial indicator to consider.
This gauges the growth rate of operational cash, and the amount of money that
enters the bank due to company activities.</p><p>FINAL INSIGHT</p><p>Remember
that choosing a firm you enjoy is just one aspect of making a wise purchase. </p><p>Financial
metrics must be used to evaluate a company’s financial standing for you to feel
confident in its future performance and, consequently, the success of your investment.</p>

This article was written by ForexLive at www.forexlive.com.

<ul><li>Prior +7.4%</li><li>Market index 230.4 vs 249.5 prior</li><li>Purchase index 179.6 vs 190.0 prior</li><li>Refinance index 480.5 vs 549.3 prior</li><li>30-year mortgage rate 6.39% vs 6.18% prior</li></ul>

This article was written by Justin Low at www.forexlive.com.

<p style=““ class=“text-align-justify“>That said, they still do see a recession being the base case scenario for the US economy as opposed to a soft landing. The call comes after the US inflation numbers yesterday, which does allow for the argument that the Fed may need to tighten monetary policy further in the coming months.</p>

This article was written by Justin Low at www.forexlive.com.

<p>On the daily chart below, we can
see that the price has been trading in a falling channel for a quarter now. The
USD lost ground on the back of falling <a target=“_blank“ href=“https://www.forexlive.com/terms/i/inflation/“ class=“terms__main-term“ id=“ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa“ target=“_blank“>inflation</a> and rate cuts being priced for
this year. </p><p>Recently things changed as the
blockbuster <a target=“_blank“ href=“https://www.forexlive.com/news/us-nonfarm-payroll-517k-vs-185k-estimate-unemployment-rate-34-vs-35-estimate-20230203/“>NFP</a> report yet again showed an
extremely tight labour market and the <a target=“_blank“ href=“https://www.forexlive.com/news/ism-us-nonmanufacturing-pmi-index-552-versus-504-estimate-20230203/“>ISM
Services PMI</a> jump back into expansion triggered a repricing of
rates expectations. We can also see that the channel is <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-divergence-20220429/“>diverging</a> with the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-macd-20220427/“>MACD</a>. </p><p>Generally, this loss of momentum
triggers a pullback to the nearest support/resistance or <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-trendlines-20220406/“>trendline</a> before another leg lower/higher.
</p><p>In fact, the price pulled back to
the top of the channel and if we see it breaking up, then a much bigger
correction may kick in with the price possibly rallying all the way back up to
0.96 and the 50% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-using-fibonacci-retracements-20220421/“>Fibonacci
retracement</a> level. </p><p>On the 4 hour chart below, we can
see that after reaching the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>resistance</a>, the price pulled back to the
50/61.8% Fibonacci retracement area. The price bounced there as the <a target=“_blank“ href=“https://www.forexlive.com/news/us-january-cpi-64-yy-vs-62-expected-20230214/“>US
CPI report</a> yesterday showed that the disinflationary trend is
slowing and the M/M inflation rate is still too high. </p><p>In fact, <a target=“_blank“ href=“https://www.forexlive.com/centralbank/december-fed-funds-pricing-hits-5-20230214/“>the
market repriced</a> future interest rates expectations with the
terminal rate moving up a bit and rate cuts being priced out. The range now is
clear: get above the resistance at 0.9287 and the breakout is confirmed with
further upside expected, get below the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> at 0.9150 and the sellers will
start to target the low at 0.9050.</p><p>On the 1 hour chart below, we can
see that the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a> are now pointing north and the price is right at the upper bound of the
channel. Today we have the <a target=“_blank“ href=“https://www.forexlive.com/news/why-wednesdays-us-retail-sales-report-could-be-stronger-than-expected-20230214/“>US
Retail Sales</a> report, which is expected to be positive. A beat
to the expectations should give us the breakout higher, while a miss should
give us another pullback to the support zone at 0.9150. </p>

This article was written by ForexLive at www.forexlive.com.

<p>On the daily chart below, we can
that there’s a possible <a target=“_blank“ href=“https://www.forexlive.com/Education/chart-patterns-guide-20220125/“>double
top pattern</a> with the high at 0.6514 and the neckline at
0.6191. If the price falls below the neckline, the pattern should be confirmed
and the measured target would be in the 0.5900 area. </p><p>The <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-divergence-20220429/“>divergence</a> between the second top and the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-macd-20220427/“>MACD</a> is also an extra signal of weak
upside momentum and it strengthens the pattern. </p><p>The <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a> are pointing to further downside movement as the blue short period
moving average is below the red long period moving average. As things stand,
the price should at least get to the neckline.</p><p>On the 4 hour chart below, we can
see a ranging price action as traders are trying to decide if we get to a soft
landing where inflation is falling and the labour market remains resilient and
one where inflation doesn’t come down to the Fed’s 2% target requiring higher
rates and eventually a hard landing. </p><p>Yesterday’s <a target=“_blank“ href=“https://www.forexlive.com/news/us-january-cpi-64-yy-vs-62-expected-20230214/“>CPI</a> report came out basically as
expected and we just saw pure choppiness, but the M/M readings are too high to
hope for a return to the Fed’s target. In fact, the market <a target=“_blank“ href=“https://www.forexlive.com/centralbank/december-fed-funds-pricing-hits-5-20230214/“>priced
out cuts</a> this year and the terminal rate is now seen a bit higher than what the
Fed has projected in December. </p><p>Nevertheless, the sellers will
need to firmly break the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> at 0.6270 to extend the move to
the neckline or lower. The buyers will need to get above the 0.6413 <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>resistance</a> as that would be the last line
of defence for sellers.</p><p>On the 1 hour chart below, we can
see more closely the range that’s been going on for over a week now. The 38.2% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-using-fibonacci-retracements-20220421/“>Fibonacci
retracement</a> level found sellers and there’s also a much
stronger level at 0.6413 where we have a previous swing resistance and the 50%
Fibonacci level. </p><p>For now, the sellers are in
control and today’s <a target=“_blank“ href=“https://www.forexlive.com/news/why-wednesdays-us-retail-sales-report-could-be-stronger-than-expected-20230214/“>Retail
Sales</a> report will probably yield some movement. </p><p>If the data beats expectations,
we may see more downside in the pair as it’s more likely that the market is now
considering good news as bad news due to a possible higher terminal rate. On
the other hand, a miss may get us back into the range. </p>

This article was written by ForexLive at www.forexlive.com.

<p>On the daily chart below, we can
see that long falling channel has been broken after the strong <a target=“_blank“ href=“https://www.forexlive.com/news/us-nonfarm-payroll-517k-vs-185k-estimate-unemployment-rate-34-vs-35-estimate-20230203/“>NFP</a> report and the price is now
targeting the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>resistance</a> at 134.50. The <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a> are now pointing north and the red long period moving average acted as <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>support</a> for the pullback. </p><p>We can also see that the entire
channel was <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-divergence-20220429/“>diverging</a> with the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-macd-20220427/“>MACD</a> and given the current repricing
in interest rates expectations we may see a big correction all the way up to
the 142.17 level where we can also find confluence with the 61.8% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-using-fibonacci-retracements-20220421/“>Fibonacci</a> level. The upcoming economic
data will drive the ebb and flow of the market.</p><p>On the 4 hour chart below, we can
see that after breaking out of the channel, the price pulled back to the
nearest swing support level at 130.53 where we had also the 50% Fibonacci
retracement level for further <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-confluence-20220318/“>confluence</a>. </p><p>We can see that there was also a
spike lower to the 61.8% Fibonacci retracement and the 130.00 level. That was a
kneejerk reaction to a <a target=“_blank“ href=“https://www.forexlive.com/centralbank/japan-government-reportedly-likely-to-nominate-kazuo-ueda-as-new-boj-governor-20230210/“>report</a> that Kazuo Ueda will be the next
BoJ governor. </p><p>This is because in the past Ueda
had hawkish comments on BoJ policy, and some short term traders/algos
interpreted that as a sign for an upcoming change in monetary policy. </p><p>The USD/JPY is mainly driven by <a target=“_blank“ href=“https://www.tradingview.com/symbols/TVC-US10Y/“>US long term yields</a> though and those have been
surging as the market repriced interest rates expectations. The next target
looks to be the resistance at 134.50 where we can also find the 127.2% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-utilizing-fibonacci-extensions-20220422/“>Fibonacci
extension</a> level. </p><p>On the 1 hour chart below, we can
see that there’s a divergence going on between the price and the MACD. This is
a signal of a weakening buying momentum and we may see a pullback before
another leg up. </p><p>The support level for the
retracement should be the 131.82 level as we can see it held the price quite
well both on the upside and on the downside. Today’s <a target=“_blank“ href=“https://www.forexlive.com/news/why-wednesdays-us-retail-sales-report-could-be-stronger-than-expected-20230214/“>Retail
Sales</a> report may give us some movement as a beat to the expectations should
lead to further upside and a miss should give us the pullback to 131.82. </p>

This article was written by ForexLive at www.forexlive.com.

<p style=““ class=“text-align-justify“>There wasn’t an immediate trigger as the bids started coming in as European markets opened but after the mostly solid UK labour market report earlier <a target=“_blank“ href=“https://www.forexlive.com/news/uk-january-payrolls-change-102k-vs-28k-prior-20230214/“ target=“_blank“ rel=“follow“>here</a>. The jobs market remains strong but it was the wages data that is really sparking some debate, coming in hot and that could translate to the BOE wanting or needing to do more in terms of policy tightening.</p><p style=““ class=“text-align-justify“>In my view, that doesn’t change much considering how real earnings are massively depressed as pointed out <a target=“_blank“ href=“https://www.forexlive.com/news/uk-pay-growth-may-have-picked-up-again-but-real-earnings-tell-a-different-story-20230214/“ target=“_blank“ rel=“follow“>here</a>. If anything else, it just suggests a feedback loop that raises the risks of stagflation.</p><p style=““ class=“text-align-justify“>In any case, cable is now trading back up to above 1.2200, up 0.6% on the day, but the danger remains ahead of the US CPI data later in the day.</p>

This article was written by Justin Low at www.forexlive.com.

<p style=““ class=“text-align-justify“>Is he suggesting that they do more or less then moving forward? In any case, March is confirmed a 50 bps move for the ECB but what comes next will depend on the data in the coming two months surely.</p>

This article was written by Justin Low at www.forexlive.com.

<p>Web-based
terminals provide various advantages over desktop applications, both for
traders and developers. The extra convenience they offer is not the only factor
that attracts people – many are also drawn in by the security improvements this
approach inherently brings. </p><p>This has
been a major reason for the rapid adoption of web-based trading apps over the
last few years. However, as the number of users increases, it’s important to
reflect on the security principles that should be observed by every responsible
trader. </p><p>Protecting
your data is generally safer with web-based apps – but there are still some
points that one needs to get used to.

Here are some of the most important points to consider when using web-based
trading apps.

1. Never Reuse Login
Credentials

Reused login credentials are a major cause of data breaches. More than 70% of
users reportedly reuse the same password for their personal and work accounts,
with compromised passwords accounting for over 80% of breach incidents. </p><p>To maximize
your safety, you should keep your passwords unique – including the ones you use
for web trading platforms. Using a password manager is highly recommended,
especially an offline one like KeePass, or one that supports self-hosting, like
Bitwarden. </p><p>Since bots
are commonly used in web trading, this is another area that requires special
attention. Users are advised to always rely on unique tokens and other
authentication methods supported by automated applications, instead of using an
ordinary password.

2. Use 2-Factor Authentication
When It’s Available

On the note of authentication, a 2-factor authentication is something that’s
supported by many web trading platforms. It’s quickly becoming the norm across
the industry, with more than 95% of businesses using some form of 2-factor
authentication in their business solutions. </p><p>It can seem
like an extra hassle, which is why many people choose to forego that option
when it’s available. But taking the time to set up 2FA and using it actively on
all your trading accounts can go a long way toward increasing your overall
security, providing you with an additional layer of protection that can be more
difficult to compromise.

3. Avoid Logging in from
Unknown Devices

One of the benefits of web trading platforms is that they can be used from
anywhere. Users would commonly log in from new devices and networks when it’s
convenient for them – but this also carries some risks. Try to limit your
platform use to verify, and secure devices whenever possible. </p><p>Don’t use
random computers in internet cafes, and pay attention to the networks you’re
connecting to.

While it should generally be impossible for hackers to compromise your accounts
by simply monitoring your traffic over an unsecured network due to the
encryption used in modern web standards, it’s still recommended to avoid these
networks as much as possible. </p><p>If you need
to urgently do something with your accounts, you should set up a hotspot from
your phone if you have the ability to do so.

4. Don’t Share More Than
Is Needed

Modern web trading platforms can allow you to consolidate many of your trading
activities in one place. As convenient as this can be, it also carries some
risks. </p><p>You should
avoid inputting more information than is strictly necessary to use the platform
and perform your regular trades on it. </p><p>Don’t submit
data that are not explicitly requested. In the event that the service suffers
from a data breach, this will help you minimize the amount of your data that
will leak.</p><p>Using a
platform like <a target=“_blank“ href=“https://trade.metatrader5.com/terminal“ target=“_blank“ rel=“follow“>MetaTrader
5 Web Terminal</a> has the benefit of allowing you to securely store your data
in a centralized location where security is handled by experts. The company
already has experience in the market and has been building up its expertise
over several years of active operations. </p><p>As long as
you apply reasonable security practices to your operations, this can
significantly improve your overall safety when trading. All information is
transferred encrypted, with the team regularly evaluating current security
standards to improve its tech stack.</p><p>Combined
with the simplified user interface and decentralized approach to processing,
MetaTrader 5 Web Terminal stands out as one of the most convenient solutions on
the market right now.</p><p>Sometimes
sharing certain sensitive details is unavoidable. You will often need to
provide your name, date of birth, and address, as well as details like your
bank account and tax number in some cases. Try to separate these data points as
much as possible and avoid having everything stored on the same service.

5. Be Careful About Social
Engineering

The popularity of trading has been on the rise steadily for a few years now.
This has unfortunately also drawn the attention of malicious actors looking to
exploit people with poor security principles. It’s not just technical hacks
that you have to watch out for – social engineering is also a major factor in
compromising accounts.

Be careful about who you talk to and what information you share with other people.
Be suspicious of e-mails claiming to come from trading platforms you’re using,
asking you to log in to verify your account, for example. Always call the
service provider – using their own website to find out the number, and not
relying on e-mail – and verify the situation with them. </p><p>One problem
with social engineering attacks is that they can be highly personalized. If you
attract the attention of an attacker, they might take the time to study your
specific profile and use that information against you. This can make some
attacks harder to identify, requiring more vigilance on the part of trading
platform users.

6. Be Proactive About
Software Updates

You don’t need to explicitly update a web trading platform. You simply open the
website and you’re presented with the most recent version every time. That’s
convenient and promotes better security. However, the same can’t be said for
all the software you have on your computer or mobile phone. Pay attention to
apps notifying you about updates, and don’t postpone them.

More than 60% of vulnerabilities exploited by attackers can be linked to
outdated software. Keep in mind that even seemingly harmless apps can sometimes
be exploited to gain deeper access to your systems. Always keep your software
up to date, even when it would take some additional effort and/or waiting.

</p><p>Closing Thoughts

</p><p>The more seriously you take your security when <a target=“_blank“ href=“https://www.metatrader5.com/en/trading-platform/web-trading“ target=“_blank“ rel=“follow“>using web-based trading platforms</a>, the easier it will be to
adapt to the changing market in the future. The companies behind these
platforms have started to become very vigilant about protecting the data of
their users, and it’s important to understand how this impacts your own habits
and the way you interact with these platforms.</p>

This article was written by ForexLive at www.forexlive.com.

<p>You need money to make
money as a trader. Leverage only gets you so far. Prop firms that offer funded
accounts to retail traders fill a critical role, providing traders capital to
grow. </p><p>But they won’t hand
over their money to just anyone. They want you to prove your trading chops.
Each company requires something different.</p><p>So, how do you choose
the right prop firm partner?</p><p>Many traders seeking
out a funded trading program look at the cost of entry as a primary criterion,
but that’s the last thing you should worry about. The devil is truly in the
details, as each firm has their own set of trading rules and characteristics.</p><p><a target=“_blank“ href=“https://www.surgetrader.com?utm_source=forex-live&utm_medium=article-1″ target=“_blank“ rel=“follow“>SurgeTrader</a>,
for example, offers a one-step funding model, where traders take an Audition
with simple rules and no time restrictions. </p><p>Upon completion of the
evaluation, traders receive funding — up to $1 million — and keep 90% of the
profits they earn. The SurgeTrader program represents a significant departure
from other similar firms in several key areas.</p><p>Funded with Real, Live
Capital</p><p>SurgeTrader funds
accounts with real money, aligning the interest of the trader and the firm.
Most other firms do not fund accounts with actual capital, and instead keep
traders on a demo account, only paying out the winners. </p><p>This creates an
inherent adversarial relationship, where payouts are often delayed or avoided.
SurgeTrader stands by their traders with their own money as a cornerstone of
the program.</p><p>Simple Trading Rules
& Only One Phase </p><p>The SurgeTrader <a target=“_blank“ href=“https://surgetrader.com/surgetrader-audition/?utm_source=forex-live&utm_medium=article-1″ target=“_blank“ rel=“follow“>funded trader program</a> features just a few simple trading rules and only one phase.
Pass the evaluation and you’re in. Many firms feature programs with several complex
rules, so make sure you understand them before partnering with a prop firm. </p><p>Not only that, but many
funded trader programs feature a multi-phase evaluation process. Traders
succeed, only to have to do it all over again to receive a funded account. </p><p>No Time Limits</p><p>SurgeTrader believes
that traders should have all the time they need to let their strategy develop. </p><p>At SurgeTrader, retail
traders can pass the Audition at their own pace — whether that’s in 30 minutes
or 30 months. Often, other prop firms require that traders comply with stringent
time restrictions to qualify. </p><p>Traders must, for
example, trade for at least ten days and pass within thirty days, while making
a minimum of fifteen trades. Make sure to check the fine print.</p><p>Incredible Customer
Support</p><p>The extent of customer service
at SurgeTrader goes above and beyond competitors. Whether by phone, chat or
email, traders can speak to a live person, nearly around the clock. Traders, by
nature, work on rapid timelines and want answers fast — and SurgeTrader serves their
traders on that short timeline.</p><p>10 Questions to Ask a
Potential Prop Firm Partner</p><p>For retail traders out
there, it’s helpful to understand what questions you should be asking of a
potential prop firm with whom you are considering working. But which questions
should you ask?</p><p>Lucky for you,
SurgeTrader is sharing their experience with you and pulling back the curtain
to reveal ten questions you should ask any potential funded account firm.</p><p>(At SurgeTrader, the
answers to all these questions and more are available in their <a target=“_blank“ href=“https://surgetrader.com/faqs/?utm_source=forex-live&utm_medium=article-1″ target=“_blank“ rel=“follow“>FAQs</a>.)</p><p>What exactly are all the trading rules I need to follow?</p><p>Almost without
exception, prop firms require traders to undergo an assessment from the outset.
Each firm has their own set of trading rules. These “rules” form the bedrock to
any evaluation, and they boil down to a few key elements:</p><p>· Time – Is there a minimum or maximum number
of trading days?</p><p>· Target – What is the profit
target required to pass the evaluation?</p><p>·
Drawdowns – How much can you incur for a daily, weekly, or total drawdown?</p><p>But beware of other
trading rules and fine print outside of those core components. </p><p>What portion of profits am I entitled to once I’m funded?</p><p>While prop firms
provide the capital, traders do the heavy lifting. Traders can find all
different levels of profit split — from 50% all the way up to 90%.</p><p>Can I get quick customer service?</p><p>Even with the best-laid
plans, issues can and will arise. Whether it’s the market, the broker or the
trading platform, there are often curveballs when you least expect it. </p><p>Nothing is more frustrating
than trying to reach customer service and waiting on a call-back, especially
when the situation is serious. </p><p>Customer service can
and should be available during regular business hours to handle your questions,
whether it’s rules compliance or ensuring your account is funded.</p><p>When I pass the audition, I get a real money trading
account funded, right? </p><p>As we mentioned above,
not every prop firm drops you into a real account once you pass your evaluation.
In fact, some NEVER do! So, make sure you find out EXACTLY how you are funded
once you pass your audition.</p><p>Which assets are tradable?</p><p>Prop firms and their
brokers provide access to different tradeable products — like forex, crypto,
indices, stocks and more. The firm you pick should match your specific needs. This
may be easy if you specialize in just one forex pair. </p><p>However, if you utilize
cross-asset strategies for hedging and risk management, make sure you select a firm
that carries enough products for you to work effectively and take advantage of
new trends.</p><p>How fast does the firm pay my profits on a withdrawal?</p><p>For those who earn a
living trading, regular, timely withdrawals are an essential part of their
business. </p><p>Some firms can take
weeks to pay out your money and require substantial documentation. Reputable
companies provide multiple methods of withdrawal and can send you money quickly.</p><p>How long does it take for me to get a funded account after
I pass?</p><p>Once you pass your
audition, you want to begin trading as soon as possible. </p><p>Any company with enough
liquidity should be able to get your account set up and funded within a few
days at the most — with the quickest firms taking 24-48 hours or less.</p><p>Is the fee for the assessment a one-time fee or a monthly
subscription?</p><p>Fees should be
transparent and easy to understand. You should know going into the evaluation
what you need to pay and when. Some firms charge monthly fees while others put
you through multiple steps or ‘challenges’ as part of their evaluation process.
</p><p>Is there a discount for a repeat assessment if I don’t
pass?</p><p>Not everyone succeeds
at their first audition. You’ll typically find companies will offer discounts
on future assessments or a limited number of retries. Understand what happens
if you miss the mark on the evaluation and if there is a goodwill discount for
retries.</p><p>Is there a time window in which I must pass?</p><p>Although we touched on
this earlier, it’s a key point of differentiation. Many firms restrict traders
to complete their assessment within a month or some other set time. </p><p>This can force traders
to make questionable decisions to meet the deadlines, something traders should
try to avoid.</p><p>Ultimately, every
trader is on the hunt for an edge — in the markets and with whichever prop firm
they might choose. </p><p>Make sure you understand
the small differences in the funded trader programs available, because the
small differences can have a huge impact on your trading, strategy, and your
likelihood of achieving your objectives.</p>

This article was written by ForexLive at www.forexlive.com.