Maven Blog

In this article we’ll dive into Non-Farm Payroll (NFP) and it’s impacts on Prop trading. We’ll cover: When you see a candle as long as the Atlantic Ocean, what’s the first thing that comes to mind? If you guessed NFP, you’re probably right and you’ve clearly been around the charts. It’s wild how one report, released […]

Too long; Didn’t read: Understanding how many trading days in a year—typically 252—is crucial for traders to optimize their strategies and make the most of market opportunities. Trading the financial markets is all about balance: following economic indicators, geopolitical events, risk management, discipline, and timing. A lot is going on behind the scenes for a […]

Day trading is a thrilling adventure, filled with high stakes and rapid reactions to market movements. Whether you’re seizing opportunities in the forex market, capitalizing on breakouts, or riding the gold wave—the exhilaration is palpable. In this electrifying world, a day trading journal could be your secret weapon and the key to unlocking your full potential. If […]

What is a Maximum Risk per Trade Idea? The term maximum risk per trade idea might sound intimidating, but it is a simple term used by trading firms to help you manage losses. In this guide, we’ll break down max risk per trade idea step-by-step using examples. Key Assumptions Let’s set up our scenario: Why […]

TL;DR: Gambling and day trading are not the same. Key points covered in this blog include: There’s no doubt that every kind of asset trading, including day trading Forex, involves risk. No trader wins 100% of their trades. The same changes in Forex pairs that lead to wins can also lead to losses – it all […]

Emotions are natural, valuable, and often – but not always – a good thing. Having feelings is a big part of what makes us human. Those feelings make experiences feel richer and more vivid. However, there are definitely times when logic and rational decisions should be your top priority. That includes just about any major […]