Yes, you can open a micro-entreprise even if you are a student. Here is the link : url

FTMO - For serious traders

If you live in France, then the income should be taxed in France, whatever the account you're using. And it should be taxed as "Bénéfices non commerciaux". But if you plan to receive income from FTMO, you will have to create your own company. FTMO ...

FTMO - For serious traders

In France, income received from FTMO must be declared as "Bénéfices non commerciaux", not as "Plus-values de valeurs mobilières". Technically, once you passed Verification, you trade a demo account and FTMO is free to copy your trades. So, you are a ...

FTMO - For serious traders

If you reach a 50% win rate with a 1:2 risk/reward ratio, that means the exeptancy of your system is : (0,50 x 2) - (0,50 x 1) = 0,50 This is really outstanding (but non impossible), you're not far from the Holy Grail with such a system. With a 55% ...

Prop Firm Hub

It all depends on your objectives. If you want to maximize your profits, press your winners and keep them until they reach your take profit. If you want a smoother equity curve, scaling out is OK.

taking partial profits vs a full profit exit

My tip would be : HAVE A PLAN. It's easier to trade your emotions instead of the market in shorter time frames. So build a strategy, make sure you've got an edge backtesting it and day trade it focusing only on process (not on your P&L). Focus on ...

Scalp/Day Trading Tips for Success

I passed first level on thursday and after an e-mail to support, I received my contract agreement the very next day. Still waiting for my level 1 credentials, but that shouldn't be long. So far, my experience was very good.

BuoyTrade - Leading A-Book Firm

I love the simplicity of the model and have joined the program. Hope you guys will be successful in the prop firms industry !

BuoyTrade - Leading A-Book Firm

I agree and to be clear, my preference goes to challenge model for that reason. It gives you the ability to make serious money in a reasonable time for free (provided that you passed the challenge). But for those who like direct funding models, it ...

Prop Firm Hub

You'll have to trade micro lots and that will take time, for sure. But I see no trick here. Your statement is right for the first level but I could also tell you that once you have passed all the levels, they give you a 51.200$ account for 75$. ...

Prop Firm Hub

Your calculation does not consider scaling up. Scenario 1 : You open Buoytrade account for 75$. You win 5% 10 times in a row. Now you have a 1.024.000$ account with a 5% max loss. Scenario 2 : You open your own account with 75$. You win 5% 10 times ...

Prop Firm Hub

5:1 leverage may seem low, but they make clear that they work with a A-book only broker, so you can't blame them for managing risks. In my opinion, this is a great deal for traders who aim for a slow and steady growth in order to reach the ...

Prop Firm Hub

Trader Tom (+++) The Opto CMC conference on psychology is golden ; one of the best content you can find on the net.

Youtube Channels - Useful or not?

For those of you who prefer direct funding models, Buoytrade launched an interesting offer : - No daily drawdown - 5% loss max - 5% target to scale up - 1.024.000$ account on level 10 - 5:1 leverage - No news restriction - Week-end holding - No ...

Prop Firm Hub

First of all, you made your own experiences on the market and subsequently built your own beliefs on trading in general. We may argue about these beliefs but that would be a pure waste of time. The only question is : do the strategies based on your ...

The Finance Book Club

I'm really enjoying this thread. I love the fact that you keep a critical approach, questioning each supposed trading truth delivered by your readings. May I suggest you Universal Principes of Successful Trading by Brent Penfold ? One of the best ...

The Finance Book Club

Thank you Tomas. I'm waiting for 10 trading days to pass the Evaluation and I may ask for a switch to Swing Account. Glad to know you made it possible

FTMO - For serious traders

It all depends on your experience but I would highly recommend : - Day Trading and Swing Trading the Currency Markets (Kathy Lien). To understand forex basics. - Universal Principles of Successful Trading (Brent Penfold). A real unknown gem. It ...

Which Forex books to read?

Hello, You have recently launched swing accounts which permits news trading and week-end holding with a 1:30 leverage. Will you give the ability for your active traders to switch from classic to swing accounts ?

FTMO - For serious traders

Great news ! News trading interdiction was quite annoying. I wonder if FTMO will allow active accounts to switch from Normal to Swing, I would certainly make that call.

Prop Firm Hub