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Seven Key Factors To Consider When Choosing a Prop Trading Firm

Seven Key Factors To Consider When Choosing a Prop Trading Firm

Proprietary trading (prop trading) refers to a financial firm or commercial bank that invests for direct market gain rather than earning commission by trading on behalf of clients. This type of trading results from financial firms choosing to profit from market activities rather than thin-margin commissions obtained through client trading…
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How to use price action as a day trader

How to use price action as a day trader

What is Price Action? Price action refers to the fluctuation in a security’s price as it is charted over a period. It is the foundation upon which all technical analysis of stock, commodity, or any asset chart is built. Short-term traders often depend solely on price action, drawing on the…
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7 tips for trading meme stocks with success

7 tips for trading meme stocks with success

In recent years, the financial markets have witnessed the meteoric rise of a new phenomenon known as “meme stocks.” These are stocks that have gained popularity and seen their prices soar not necessarily because of strong fundamentals or impressive financial performance, but largely due to viral attention from retail investors…
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How to trade CFDs with success

How to trade CFDs with success

Trading Contracts for Difference (CFDs) has become a popular way for investors to participate in the movement of asset prices without owning the underlying assets. CFDs offer traders the opportunity to speculate on price movements in both rising and falling markets across a wide range of financial instruments, including stocks,…
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How to Become a Profitable Day Trader

How to Become a Profitable Day Trader

Embarking on the journey to become a profitable day trader is akin to navigating the rapid currents of the financial markets – it requires skill, discipline, and an unwavering commitment to continuous learning and strategy refinement. Day trading demands a comprehensive understanding of market trends, an aptitude for quick decision-making,…
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About us

About us

Nordic Traders is a part of the largest trading network in Scandinavia. We have assisted Scandinavian traders during the last 10 years via our pages daytrader.dk, daytrading.se, daytrader.no and nordictraders.com. Every year we train hundreds of Nordic traders through our portals and internal courses. We ofte appear in Nordic media,…
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How to install expert advisors and use trading robots

How to install expert advisors and use trading robots

As a private trader, one often sits alone struggling with both trading sensibly and building strategies from scratch. But it doesn’t have to be that way. The internet is full of signals, algorithms, and robots that can provide a foundation for your trading, and many traders have fully or partially…
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Correlation strategy

Correlation strategy

The correlation strategy can help you determine the direction of your swing trades. In the following description, we use the correlation strategy in forex pair trading, but the correlation strategy can also be used for directional analysis across indices, commodities, etc. The correlation strategy involves finding two prices that follow…
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COT Indicator

COT Indicator

The COT (Commitment of Traders) indicator is a powerful forex trading tool, surprisingly used only by a minority of traders. The indicator is based on the reports published by the Commodity Futures Trading Commission (CFTC) every Friday. The report from the CFTC can be used by traders to spot potential…
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