ForexTracker Blog

Risk management tips, prop firm guides, trading metrics and trading psychology for serious forex traders.

All Prop Firm Metrics Trading Journal Risk Management Psychology General
FTMO vs MyFundedFX: Which Prop Firm to Choose in 2026?
Prop Firm
FTMO vs MyFundedFX: Which Prop Firm to Choose in 2026?
Compare FTMO and MyFundedFX on fees, rules, payouts and support. Find out which prop firm suits your trading style best ...
Best Prop Firms for Traders in 2026
Prop Firm
Best Prop Firms for Traders in 2026
Discover the best prop firms for traders in 2026: FTMO, MyFundedFX, The5ers and more. Compare fees, rules and payouts si...
Prop Firm
How to Monitor Drawdown at a Prop Firm and Keep Your Account
Learn how to calculate and monitor daily and maximum drawdown at your prop firm before every trade. Avoid violations and...
Prop Firm
How to Manage Multiple Funded Accounts Without Losing Control
Practical strategies for running 2 or more funded accounts simultaneously without mixing up drawdowns, metrics, and each...
Prop Firm
FTMO Rules Explained: Everything You Need to Know
Understand all FTMO rules: drawdown, trading days, allowed instruments and what can disqualify you. A clear, straight-to...
Prop Firm
7 Mistakes That Cost Traders Their Funded Account
The 7 most common mistakes that cause traders to lose their funded account at FTMO and other prop firms. Learn how to av...
Prop Firm
How to Calculate Risk Per Trade at a Prop Firm
Learn how to calculate the correct risk per trade for funded accounts. A simple formula to define the ideal lot size wit...
Metrics
What Is Profit Factor in Trading and How to Improve It
Understand what profit factor is, how to calculate it, and what the ideal value is for a profitable strategy. Essential ...
Metrics
What Is Win Rate in Trading and Why It Is Not Everything
Understand what win rate means in trading, how to calculate it, and why traders with a low win rate can be more profitab...
Metrics
How to Calculate Maximum Drawdown in Trading
Learn how to calculate your strategy's maximum drawdown, why this metric is essential, and how to use it to evaluate the...
Metrics
What Is Mathematical Expectancy in Trading and How to Calculate It
Understand mathematical expectancy in trading: what it is, how to calculate it, and why this metric reveals whether your...
Metrics
What Is Risk/Reward Ratio in Forex and How to Use It
Understand the Risk/Reward Ratio in forex: how to calculate it, what is ideal, and how to combine it with your win rate ...
Trading Journal
Why Every Trader Needs a Trading Journal
Discover why a trading journal is the most underrated tool in trading and how it accelerates your learning curve and pro...
Trading Journal
How to Use a Trading Journal to Genuinely Improve
Learn the complete trading journal process: what to log, how to do weekly reviews, and how to turn data into real improv...
Trading Journal
Best Free Trading Journal in 2026
Compare the best free trading journal options in 2026: ForexTracker, Edgewonk, Tradervue and others. Which is best for f...
Trading Journal
ForexTracker vs Excel Spreadsheet: Which Is Better for Logging Trades?
Compare ForexTracker and Excel spreadsheets for trade logging: speed, automatic metrics, ease of use, and which one actu...
Trading Journal
How to Track Trades Efficiently Without Wasting Time
Practical tips for logging your forex trades quickly and consistently, without the documentation process disrupting your...
Risk Management
The 1% Rule in Forex: Why It Protects Your Account
Understand the 1% rule in forex: how it works, why most professional traders use it, and how to apply it to survive in t...
Risk Management
How to Set Stop Loss Correctly in Forex
Learn how to place stop loss in the right location — not too tight, not too wide. Practical techniques for forex trade...
Risk Management
Risk Management for Prop Firm Traders: The Definitive Guide
Risk management specific to prop firms: how to size lots, control daily drawdown, and survive the rules of leading tradi...
Risk Management
How to Avoid Overtrading and Protect Your Account
Overtrading is one of the most common causes of blown accounts. Learn to identify the signs, understand the causes, and ...
Risk Management
Position Sizing: How to Calculate the Ideal Trade Size
Learn how to calculate the ideal position size in forex with simple formulas. Protect your capital and maximize the cons...
Psychology
How to Control Emotions in Trading and Trade with Clarity
Practical techniques to control fear, greed, and frustration in trading. Learn to trade with emotional clarity and make ...
Psychology
What Is Revenge Trading and How to Avoid This Fatal Mistake
Understand what revenge trading is, why it happens, and the most effective techniques to avoid it before it destroys you...
Psychology
How to Maintain Trading Discipline Consistently
Proven strategies to maintain trading discipline day after day: routines, rules, accountability, and how a trading journ...
Psychology
What Is FOMO in Trading and How It Destroys Accounts
Understand FOMO (Fear of Missing Out) in trading: how it arises, why it leads to bad entries, and how to develop the dis...
General
Forex for Beginners: Complete Guide 2026
Everything you need to know to start in forex in 2026: how the market works, currency pairs, leverage, sessions, and pra...
General
The Best Tools for Professional Traders in 2026
Discover the essential tools professional traders use in 2026: platforms, journals, market analysis, and risk management...
General
What Is an Equity Curve in Trading and How to Analyze It
Understand what an equity curve is in trading, how to interpret it to assess your strategy's health, and detect problems...
Prop Firm
How to Pass the FTMO Challenge: Complete Guide for Traders
Learn proven strategies to pass the FTMO Challenge, control drawdown and earn your funded account. Practical tips for se...