The Importance of Ethical Standards in Prop Trading: A Guide for Traders In the world of forex trading, prop trading (proprietary trading) refers to the practice of firms trading for their own accounts rather than on behalf of clients. With the rise of algorithmic trading, many prop trading firms rely on expert advisors or forex robots to execute trades on their behalf. While these tools can be highly effective in generating profits, it is crucial for traders to uphold high ethical standards in their use. Why Ethical Standards Matter in Prop Trading Ethical standards play a critical role in prop trading for several reasons: – Legal Compliance: Adhering to ethical standards ensures that traders comply with relevant regulations and laws, avoiding issues such as insider trading or market manipulation. – Reputation: Maintaining ethical behavior helps build a positive reputation in the industry, which can attract clients and business partners. –… read more
Ethical
Navigating the Moral Grey Areas: Ethical Considerations in Forex Trading Forex trading is a complex and often murky world, full of potential pitfalls and ethical dilemmas. One of the most controversial aspects of Forex trading is the use of expert advisors, or Forex robots, to automate trading decisions. These programs are designed to analyze market trends and make trades on behalf of the user, often with little to no human intervention. While some traders see these robots as a valuable tool for maximizing profits, others have raised concerns about their ethical implications. The Benefits of Using a Forex Robot There are several reasons why traders might choose to use a Forex robot. These programs can work around the clock, analyzing market data and making trades at lightning speed. This can be especially useful for traders who don’t have the time or expertise to monitor the markets themselves. Additionally, Forex robots… read more
It works on M15 and 1H Eurusd correct?
Just bought it! Looks promising!
Bought FTMO Traders DREAM for my $100.000 live TFT account. Risk managment works great as does the auto lot sizing…
Amazing EA , takes trades while i sleep with different currency pairs in different parts of the world time zones.…
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