👀 Alpha Capital Opening a Live Trading Floor

Hi guys, it’s Kieran! What a wild period of history we are trading through aye? Crazy out there right now. Markets were surprisingly subdued through most of last week but volatility ripped higher on Friday and maybe (hopefully) was the start of some big moves.

Quick question. Over the past month, 90% of my newsletter sign ups came from YouTube. This is great! but I have no idea who, or what video/channel you guys are coming from. So if you heard about the newsletter from YouTube please reply and let me know! I’m curious and would greatly appreciate it! 😀 

📢 Prop Firm Industry News

Alpha Capital Group are opening a live trading floor in London. Features include:

🔹 Monthly salary 🔹 On-site & remote mentoring 🔹 Weekly strategy meetings 🔹 Risk management support 🔹 Option to relocate to London

This is a cool new trend that appears to be emerging where firms are now making plans for consistently profitable traders rather than just outright banning them. This follows FTMO’s live trading desk Quantlane, Raen Trading’s new “institutional” model and the forthcoming ‘Prosperity Program’ from PipFarm. Very exciting to see the industry evolving like this.

Another trend to watch out for which will hopefully be a net positive for traders is some of the major players are making a run at making it harder for people to hedge their accounts across firms. This comes after PipFarm’s CEO James Glyde revealed major cheating groups are milking prop firms and make up the majority of their payouts (Read more about this here). TopStep CEO Michel Patak is trying to organise some collective action to address this. Let’s hope they can sort something out!

From Payout Junction, here are the firms who have paid out the most over the last 7 days 🏆️.

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🕜 Economic calendar

Here are this week’s red folder news events. A very light calendar this week but obviously world changing events are happening on a daily basis currently, so expect the unexpected.

Also as I mentioned last week, be especially careful of the President Trump Speaks events that just randomly appear as red folder news every day now. Many firms still restrict these events despite their start times being totally random! Crazy!

📈 The Macro View

Sentiment deteriorating

A major sell-off in the equity markets on Friday has driven overall market sentiment lower. Still quite a way from ‘Extreme Fear’ and a true contrarian buy signal, but we are close.

Positioning still positive

Positioning on Goldman Sach’s Prime book is still positive, meaning investors are still happy to hold their equity longs. We’ll likely need much more of a sell-off to get these players to capitulate and sell there positions. Lots of global events that could trigger such an event are in-play however.

German DAX getting ridiculous

German Elections yesterday so expect volatility if you are trading the DAX this week. As we saw last week, the German Stock index has gone parabolic and looks ripe for a pullback. That said, DAX futures are +1.5% this morning.

Historic Inflows into DAX

Unsurprisingly, funds are now pouring into the index. As per Goldman Sachs "Our high-frequency data indicates that in the last couple of weeks German equities experienced the highest weekly inflows in the past three years". The tide might be finally turning on investment into Europe.

DAX Historical Post-Election performance

If you are considering getting long the DAX, note historically, post-election performance is usually negative, so it might be prudent to wait for a couple of weeks, even if you are feeling the FOMO 😁 

This year I am trading prop firms full-time. If you would like to follow my personal trading journey, you can do so on X here > https://x.com/kierangohil_.

Last week another payout from Blue Guardian! A firm whom I’ve been funded with for over a year and have had a great experience with. Highly recommended but as always, DYOR.

OK guys that’s it for this week. Stay safe out there and see ya next week!

Kieran

Ps if you enjoyed the newsletter, let me know by clicking the poll below. I check the results every week, and am always interested to hear your feedback, thanks!

🔥 Monitor prop firm payouts LIVE on Payout Junction -https://payoutjunction.com.