Prop firm is an opportunity to leverage on as a trader to access huge capital for trading. As much as this is an opportunity for traders to make money from the market, there is so much required as a trader to get qualified for this trading capital. Prop firm companies put traders on evaluation to test their competence to handle such huge funds. The prop companies set rules for traders which they must abide by them if they must get qualified to manage these huge funds. Most traders end up defaulting these rules and get disqualified.

There is a solution which you can leverage on as a trader. You can get both phases of your prop firm account passed. You just need to sit and watch both phases of your account being passed.

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What is a Prop Firm?

A prop firm or forex proprietary trading firm, is a company that engages in trading financial instruments using its own capital. These firms typically hire professional traders and provide them with access to the firm's resources, including capital, technology, and infrastructure, to trade various financial markets such as stocks, commodities, currencies, or derivatives.

Why Do People Fail Prop Firm Evaluations?

There are several reasons why people may fail the challenge or evaluation process of a prop firm:

1. Lack of Trading Skill and Experience: Successful trading requires a deep understanding of market dynamics, technical analysis, risk management, and the ability to make informed decisions under pressure. If an individual lacks the necessary knowledge or experience, they may struggle to navigate the markets effectively.

2. Inadequate Trading Strategy: A well-defined and consistently profitable trading strategy is crucial for success in prop trading. If a trader does not have a robust strategy or fails to stick to it, they may make impulsive or inconsistent trading decisions that result in losses.

3. Poor Risk Management: Effective risk management is essential in trading to protect capital and minimize losses. Traders who fail to implement proper risk management techniques, such as setting stop-loss orders or position sizing, may expose themselves to excessive risk, leading to significant losses.

4. Psychological Factors: Trading can be mentally challenging, and emotional biases can negatively impact decision-making. Traders who succumb to fear, greed, or impatience may deviate from their strategy, take excessive risks, or fail to cut losses when necessary, leading to poor performance.

5. Inability to Adapt to Changing Market Conditions: Financial markets are dynamic, and strategies that work well in one market environment may fail in another. Traders who cannot adapt their approaches or identify and adjust to changing market conditions may struggle to generate consistent profits.

6. Insufficient Capital Allocation: Prop firms typically allocate a certain amount of capital to each trader. If a trader fails to manage their allocated capital effectively or takes overly large positions relative to their capital, they may deplete their funds quickly and fail the evaluation process.

7. Time Constraints and Pressure: Some prop firms impose time constraints or specific targets during the evaluation process. Traders who feel pressured to meet certain performance benchmarks within a limited timeframe may become stressed or take unnecessary risks, negatively impacting their results.

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You May Want To Know

Proprietary trading involves making speculative investments in the financial markets with the goal of generating profits for the firm. Traders employed by prop firms use a variety of trading strategies and techniques to identify and capitalize on market inefficiencies, price discrepancies, or short-term opportunities.

The profits generated from proprietary trading activities are typically shared between the firm and the traders. The firm may take a portion of the profits as a compensation for providing the capital and resources, while the traders receive a share based on their performance.

Prop firms often have strict risk management and performance evaluation systems in place to monitor and assess the traders' activities. This helps the firm control risk exposure and ensure that traders adhere to predefined trading strategies and risk limits.

Proprietary trading firms can operate in different ways. Some firms focus on high-frequency trading, where computer algorithms execute a large number of trades in fractions of a second, while others may employ traders who make longer-term strategic investments.

It's worth noting that the specific structure, rules, and requirements of prop firms can vary. Some firms may require traders to contribute their own capital or charge fees for access to their resources, while others may offer a salary or a combination of salary and profit-sharing arrangements.

Overall, prop firms provide individuals with an opportunity to trade financial markets using the firm's capital and resources, enabling traders to potentially profit from their trading skills and market expertise.

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There are other volatility indexes available to trade too, including the EU Index (VSTOXX) which is the best volatility benchmark in Europe. Alternatively, India’s volatility gauge is based on the option price of the NIFTY Index. Other popular indices include the CBOE Gold (GVZ), the FTSE 100 VIX (VFTSE) and the NASDAQ 100 Volatility (VXN).

Traders are becoming more and more interested in synthetic indices all over the world. However, certain persistent myths about them exist, which we will debunk in this post. Information from several sources is blended to create a type of index known as a synthetic index. If you can better understand synthetic indices, you will gain something from reading this essay.

Check out Best Synthetic Indices Broker

What are Synthetic indices?

Synthetic indexes are simulated trading instruments that mimic or replicate the behavior of actual financial markets. You might be asking what these simulated markets are like given that they are markets at all.

What Is A Volatility Index?

Volatility indices are stock market real-time indicators that display anticipated volatility over a specific time frame. They are used by investors to assess market sentiment and profit from possible price fluctuations.

You may have already encountered brokers using the Volatility 75 Index (traded with the ticker symbol: VIX). The most well-established index for measuring volatility predictions is the VIX, which is a component of the Chicago Board Options Exchange (CBOE). The index displays the S&P 500 (SPX) basket of 500 weighted US stock options' expected volatility for the upcoming 30 days. This product is provided by many of the top brokers with volatility index products.

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Advantages of Brokers With Volatility Indexes
The possibility of making more money increases with volatility. Profiting from this entails investing in volatility indices. Brokers that offer volatility index instruments give customers access to a unique and fascinating asset, which helps portfolios be more diversified.

When attempting to determine whether markets have reached extreme levels, in either direction, brokers with volatility indices are also immensely helpful. Having said that, there are some restrictions, which we've listed below.

Disadvantages of Brokers With Volatility Indexes
A volatility index may not reveal much beyond what is already known. The previous and present performance of the S&P 500 Index, for instance, has already demonstrated much. The VIX's daily fluctuations reflect both the past and the present. However, as all traders are aware, historical results do not always predict future trends. As a result, there is a chance that brokers who use volatility indexes will only provide limited additional information.

Additionally, it can be difficult to keep up with everyday swings. Regular volatility index evaluations can be monotonous and exhausting; relying on them consumes a lot of time, and the payoff is unpredictable.

When investing, it's normal to focus too much on a short-term number rather than the big picture, which may be the case in this instance. Monitoring the VIX has little value on a daily basis, but it can be quite beneficial on a monthly basis.

Best Brokers With Volatility Indexes
The number of brokers who have a volatility index is extremely low. The top forex broker that offer the Volatility 75 Index and other pertinent indices are shown below.

You can find the best synthetic indices broker here
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The latest version of the Nigerian Air Force Past Questions and answers has been uploaded here and ready to download in PDF format. All candidates who have applied for the 2020 Nigerian Air force recruitment are all advised to get the latest compiled version of the Nigerian Air Force (NAF) recruitment past questions and answers. The NAF Interview past questions has been compiled with detailed solutions


Free Nigerian Air Force Sample Question

1. Nigerian Airforce's first batch of officers sent to train
A. British Power on Board
B. Ethiopian Flights
US Air Force C.
D. Air Force South Africa

2. Nigerian Air Force 's least rated is
A. Captain of the party
B. Flight Officer
C. Officer pilot
D. Comandante de Wing

3. Question three The Government Constitution of Nigeria is based primarily on that of:
A. U.S.
B.England
EU-C.
Holland D.

4. Nigerian Aviation College is based in
A. Lakes
Kano: B.
Abuja, C.
Kaduna D.

5. The first woman to arrive in space
A. Gargarin, Yuri
Dad Valentina Tereshkova
And C. Yui Xiang Wo
Julie Armstrong and D.

6. Nigerian Airforce Establishment was established in
A. 1963-1963
B. 1961-1961
C. 1960-1960
D. 1965-1965

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Dwonload the latest version of the Nigerian Defence Academy NDA past questions and answers for 2020/2021 academic year. All candidates who wish to study in the Nigerian Defence Academy, NDA should note that the date the the NDA screening examination has been released and that they should get the latest version os the NDA past questions and answers which will be sent in a PDF format to students.

Free Sample of NDA Past Questions
The Nigerian Defence Academy past questions and answers have been posted here for free so students can see how the questions look like. Scroll down and click on the link below to download your copy. Note that this material is directly from the Nigerian Defence Academy, Kaduna, Kaduna State, PMB 2109, Nigeria.

1. Onitsha people derived their origin from
A. Benin
B. Nri
C. Jaba
D. Ida

2. Which component of blood helps to keep body organs e.g. penis erect?
A. plasma
B. leucocytes
C. erythrocytes
D. none of the above

3. The concept of utility is highly emphasized in the history of:
A. Demand
B. Production
C. Demand and supply together
D. Distribution

4. Which of these statements is true?
A. A base is always soluble in water
B. Sodium hydroxide is both a base and an alkali
C. Hydrogen is released whenever an acid and metal are mixed
D. A gardener neutralizes an alkalike soil by the addition of lime

5. Denudation refers to
A. Weathering
B. Erosion
C. Transportation
D. All of the above

6. Determine the value of a so that A = 2i+aj+k and B = 4i-2j-2k are perpendicular
A. 8
B. 4
C. 5
D. 3

7. A body of mass 30g loses 60J of heat energy. If the specific heat capacity of the body is 400Jkg-1, calculate the change in temperature of the body.
A. 0.2K
B. 2.0K
C. 4.5K
D. 5.0K

8. A parliamentary system of government is characterized by
A. separation of power
B. fusion of power
C. delegated legislation
D. legislative supremacy

9. The criminal was……off by the police
A. captured
B. whisked
C. carried
D. moved

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A student portal is a commonly used phrase for defining the login page where students can provide a user name and password for access to the programs and other learning related materials of an educational institution.

For example, a learner who has enrolled in an online certification program may use a student portal to access online course materials, such as posts, lectures and videos that are hosted on the servers of the school. A typical example is student portal is Muwebportal Student portals may be used to provide school records, special events, course details, schedules, learning resources and contact details.

Many student portals that integrate with other systems to provide easy access to personal information for students, such as tracking bursary awards and medical insurance at the campus.

Did you apply for admission into the Akwa Ibom State University, AKSU? Do you need the latest version of the Akwa Ibom State Past questions and answers? This page has brought solution to your search. Te get the AKSU Post UTME Past Questions and answers simply click on the link below to get your past questions

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Download Imo State Subeb Recruitment Past Questions and Answers Here

All Applicants for the Imo State SUBEB recruitment should follow the steps here to get the latest version of the Imo State Subeb Recruitment Past Questions easily and faster.

IMSUBEB past questions and answers has been released in PDF format for download. Applicants who have participated in the Imo State Universal Basic Education Board IMSUBEB are highly advised to get a copy of the IMSUBEB Recruitment past questions and answers now as the prepare for the IMSUBEB screening interview examination.

Is the IMSUBEB Recruitment Past Questions Necessary?
It is highly recommended that all applicants who have participated in the 2019/2020 IMSUBEB recruitment exercise get the past questions and answers for proper preparation for the IMSUBEB screening examination on the screening date. Get your copy now.

Imo State Universal Basic Education Past Question Sample

Question one Tyler’s curriculum planning process has
a. 6steps
b. 5steps
c. 4steps
d. 3 steps
e. 2 steps

Question Two The ultimate goal of curriculum of planning is to
a. Develop programmes for society
b. Develop individual skills
c. Establish more schools
d. Guide educational programmes
e. Design teachers’ programmes

Question three Broad – field curriculum design is usually criticized because
a. It is difficult to organize
b. Of its cumbersome nature
c. It does not include fieldtrips
d. It does not take care of student’s interests.
e. Subject demarcations still exist.

Question four Activity curriculum does not require
a. A lot of instructional materials.
b. Co-curricula activities
c. Game and sports
d. Planned activities
e. Infrastructure and equipment

Question five Curriculum design differ primary in
a. Teaching and learning involves
b. Principles of teaching and learning
c. Method, content and structure
d. Methodology and application
e. Scope and sequence.

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Nigerian Civil Defence Past Questions is now ready for download in PDF format. The Nigerian Security and Civil Defence Corps (NSCDC) recruitment past questions if fully compiled and up to date. Applicants who took part in the Civil defence recruitment process are advised to get the civil defence recruitment past questions and answers as it a guarantee to pass the civil defence screening test/examinations.

Civil Defence Past Questions

Candidates who took part in the NSCDC recruitment should note that there will be a screening examination test and only candidates who pass the test will be given an appointment. Therefore candidates are advised to get the civil defence past question for proper preparation.

Civil Defence Past Questions and Answers

Below is a preview of the NSCDC past questions

1.) Which year was Nigeria Security and Civil Defence Corps first introduced?
May 1997
May 1986
May 1967
May 1976

2.) What inspired the introduction of the NSCDC?
Nigeria Fulani Herdsmen
Muslim-Christian War
Tribal War
Nigeria Civil War

3.) Which year did the Nigerian Civil War begin?
1986
1976
1996
1967

4.) What was the initial name of the NSCDC when it was established newly?
Lagos Civil Defence Committee
Abuja Civil Defence Committee
Cross River Civil Defence Committee
Ministry of Civil Defence Committee

5.) In what year did the former Lagos Civil Defence Committee become officially known as Nigeria Security and Civil Defence Corps?
1990
1980
1970
1960

6.) In what year did the NSCDC become a National Security Outfit?
1984
1967
1993
2004

7.) Who signed into law and approved the statutory backing of the NSCDC and in which year?
Olusegun Obasanjo – 28th June, 2004
Umaru Musa Yaradua – 16th April, 2006
Goodluck Jonathan – 12th June, 2010
President Buhari -2nd October, 2015

8.) What are the primary duties of the Nigeria Security and Civil Defence Corps?
To ensure counter measures against any form of threat, attack or disaster against the Nation and it citizenry.
To prosecute criminals.
To detain fraudsters.
To pursue offenders.

9.) What are the three institutions of the NSCDC and their respective locations?
College of Peace and Disaster Management – Kaduna State.
Civil Defence Academy – Sauka, Abuja-FCT.
College of Security Management – OGUN State.

10.) The following are constituent of Nigeria executive arm except——–.
Federal Civil Service
Statutory corporation
Government owned companies
State Civil Service

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Any theory has its basis and background. Constructivist theory is not an exception. Its origins mainly include – philosophy and psychology.

The Philosophy Origin
The constructivist theory as a new thought, is a new learning philosophy. Some people agree that the first constructivist is Socrates. His “Hippocrates” is a successful model for constructivism teaching. Kant’s studies on the integration of rationalism and empiricism indicate kind of constructivism. In his opinion, the subject cannot open towards the external world directly. Only by the constructed internally principal cognitive rules, the subject can organize experiences and develop knowledge. Letter, along with the transfer of structuralism methodology toward post-structuralism, the absolute status of rationalism is broken further.

Constructivism leaning theory comes into being from the development of cognitivism, turning into a new leaning theory.

The Psychology Origin
In this perspective, the first who contributed a lot of the development of constructivist thought and applied it to classes and students leaning and development are – Dewey, Piaget and Vygotsky. Dewey advanced the experimental learning theory, emphasizing on the generation and reform of experiences. Switzerland famous psychologist Piaget is taken as the forerunner of modern constructivism.

In 1972 Piaget put forward the concept of “assimilation” and “conformability”. In his opinion, the recognition means the subject affects the object by his unique recognition structure, achieving a balance between the subject and the object: based on his psychology ideas, Piaget thinks that all knowledge has the external origin and student’s cognitive development is actualized naturally in the process of receiving knowledge. During the 70s and 50s in 20th centry, Russia excellent psychologist Vygotsky found the base for the information of modern constructivism. According to his idea, learning is a social construction. Individual learning is under certain history and social background.

The Constructivist Theory
The proponents of the constructivist theory are as follows:

Lev Semyonovich Vygotsky (1896 – 1943)
Jean Piaget (1896 – 1980)
John Dewey (1859 – 1952)
Jerome Seymour Bruner (1915 – 2016)

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MANAGING A SMALL SCALE BUSINESS

Management is the art of making effective and efficient use of available resources (Human, Capital and Machinery/ Equipments) in pursuance of the objectives of the established business. While small scale business refers to any business with following characteristics:

Capital, but excluding the cost of land, not exceeding N750, 000

Staff strength not exceeding 50 persons and wholly, indigenous.

A manufacturing, processing or servicing industry, exceeding the units of

investment stated is relatively small compared to present size of plant and

the technology is fairly labor intensive. (Atijosan, 1998:7).

According to the World Bank (1990) a small scale business must meet thefollowing criteria:

Small manufacturing firms that are relatively modern.
Organized manufacturing firms such as those engaged in construction, repairs, transportation and trading.
iii. Enterprises not organized in a modern manner.

Examples include traditional artisans, petty traders and transport owners in the informal sector.

Characteristically, a small business is one that is:

a) Actively managed by its owners
b) Highly personalized
c) Largely local in its areas of operation
d) Of relatively small size within the industry
e) Largely dependent on internal sources of capital to finance it growth (Baumbuck 1983:4)

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Business management refers to the different interests which has to do with the way people manage and use resources in an organization.

Meaning of Business: Business has been given different meanings and definitions depending on the perception of the definers. For the purpose of this study we may define business as any occupation or activity in which profit making is the major aim and in which there is basis for loss. Business is a single activity in this world in which nearly anyone is actively engaged or directly or indirectly dependent on. The most important issues involved in business no matter the type, whether private or state owned are profit and loss. Even state-owned business ventures are today being privatized with a view to rendering sufficient services and thereby making profits. Profits is the main aim of establishing a business especially private firms, of which if (his aim is not realized, the business may fold up.

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CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
Mild steel is the most commonly use steel; it is used in the industries as well in the different everyday object we use. Even the pans and spoons of the kitchen are sometimes made of mild steel. It is found in most of the chemical industries due to its low cost and easy availability for fabrication or various reactions vessels, tanks, pipes, etc. it is one of the most important metal used in different field of industries, e.g. Automobile, engineering, submarine, etc. However, this metal is severely affected by the environmental pollutants such ass chlorate, sulphate, nitrate, phosphate, etc (Revie & winton, 2000). In order to minimize this problem, the use of inhibitor is one of the best methods to protect this metal against corrosion. This corrosion of mild steel and its inhibition in acid and other environments have more attention from numerous previous investigators (Umoren, Edouk & oguezie, 2008; Siddiqi & chaubey, 2008; singh & adeyemi, 1987). The corrosion material is one of the main problems facing industrial processes, generating huge financial losses. Metallic industrial structures are exposed to conditions that facilitate corrosive processes. For example, acidic solutions, which are wildly used in acid pickling, industrial acid cleaning and oil refinery equipment cleaning, promotion the acceleration of metallic corrosion, affecting the performance and durability of the treated equipment (Obot & Obi-Egbi, 2010) the use of organic inhibitors to prevent corrosion is a promising alternative solution. These inhibitors are usually absorbed on the metal surface by the formation of coordinate covalent bond (chemical adsorption)or the electrostatic interaction between the metal and inhibitor (physical adsorption) (Ahamad. Prasad& Quraishi, 2010; Noor, 2008). This adsorption produces a uniform film on the metal surface, which reduces or prevents contact with the corrosive medium (Auci, 2008). Because organic inhibitors act by adsorption on the metal surface, the efficiency of these compounds depends strongly on their ability to form complexes with the metals (Shukla & Quraishi, 2009). Both Pelectrons and the polar group containing sulfur, oxygen and/or nitrogen are fundamental characteristics of this type of inhibitor ( Zapta-Loria and pech-Canul, 2014; Yadav-Kumar & Gope,2014; Yadav et al., 2015). The polar functional groups are usually considered the chelation center for chemical adsorption (de souza & spinelli, 2009).
Corrosion is defined as the deterioration of materials by chemical process. The most important by far is the electrochemical corrosion of metals in which the oxidation process M M + +e is facilitated by the presence of a suitable electron acceptor, sometimes, referred to in corrosion science as a depolarizer.
In science, corrosion can be viewed as a spontaneous return of metals to their ores, the huge quantities of energy that were consumed in mining, refining and manufacturing metals into useful objects is dissipated by a variety of different routes.
(sir, Humphrey Dary, 2006).


1.2. Corrosion cell and Reaction
Corrosion cells are a condition on a metal surface in which a flow of electric current occurs between the metal surface and an electrolyte with which it is in contact sufficient to cause the metal to degrade.
Some examples of anodic and cathodic reactions that occur simultaneously on a metal surface in a corrosion cell are as follows;
A typical anodic oxidation that produces dissolved ionic product, for
Fe → Fe2+ + 2e--------------------------------------------- (1)
Examples of cathodic reduction involved in corrosion processes are:
O2 + 2H2O + 4e- 4OH- --------------------------------- (2)
O2 + 4H+ + 4e- 2H2O------------------------------------ (3)
2H+ + 2e- H2--------------------------------------------- (4)
The cathodic reaction represented by eqn.(2) exemplifies corrosion in natural environments where corrosion occurs at nearly neutral pH values. Eqn. (3) and (4) represents corrosion processes taking place in the acidic environments encountered in industrial processes or for the confined volumes (pits, crevices) where the pH can reach acidic values because of hydrolysis reactions such as:
Fe2+ + 2H2O Fe(OH)2 +2H+----------------------------(5)
This reaction produces H+ ions, the concentration of which can, under certain conditions become large if the H+ ion cannot readily move out from a confined volume. The overall corrosion reaction is, of course, the sum of the cathodic and anodic partial reactions. For example, for a reaction producing dissolved ions (sum of reactions (1) & (4)):
Fe + 2H+ Fe2+ + H2 ------------------------------------ (6)

Or for a reaction producing dissolved ions (sum of reactions (1) & (2)):
2Fe + O2 + 2H2O 2Fe(OH)2 -------------------------- (7)

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Honey lovers should learn how to know original honey. It does not matter much if you live in Nigeria or another country in Africa. Anyone who loves eating honey, adding it to breakfast meals or tea has to know how to test for real honey at home.


Original honey colour

Due to the fact that honey is so useful, rich in vitamins and widely used to treat illnesses, millions of people love keeping a bottle or several bottles of honey at home. This high demand for this amazing natural product attracts fraudsters who sell fake honey to customers. You should know original honey colour to distinguish between real and fake products. There are different colours honey can take. It depends what bees were eating to make this incredible product. Since there are many different flowers and plants, there are also many different colours and tastes of honey. Some honey is nearly transparent and other honey is very dark. Of course, honey should come only from bees who gather nectar from clover, lavender, dandelion, and other flowers, as this is the only real (pure) honey you can eat. Honey that comes from a factory is not an original product. To see more visit https://allstarsloaded..com/2019/03/how-to-test-if-honey-is-pure.html