Axia Futures The Prop Trading Code - The Forex Geek (2024)

Author: The Forex Geek | Published: December 9, 2023

Table of Contents

Axia Futures has positioned itself as a leader in trader education and training, and its flagship offering, “The Prop Trading Code,” is a 4-part, 53-day masterclass that promises to instill structure and control into traders’ decision-making processes. In this expansive review, we will delve into the course’s structure, content, free sample sections, educational disclaimers, performance considerations, and provide a detailed analysis of its effectiveness for traders at various levels of expertise.

Course Structure and Overview

The course structure is meticulously organized into five parts, each with its unique focus:

1. Introduction (00:35:00)

The journey begins with a brief yet crucial introduction that outlines the overall structure and objectives of the program. Setting the stage for what follows, this section aims to create a roadmap for traders looking to enhance their skills.

2. Part 1 – Trading Fundamentals

This segment delves into the foundational aspects of trading, providing a holistic understanding of the trader’s journey:

  • Alpha: The Traders Timeline (01:59:00): A deep dive into the evolution of a trader, offering insights into the stages and milestones that shape a successful trading career.
  • Beta: The Stoic Trader (01:11:00): Focused on cultivating a stoic mindset, crucial for maintaining emotional control in the unpredictable world of trading.
  • Gamma: Failings Of The Greatest Investors (01:53:00): A critical analysis of mistakes made by renowned investors, extracting valuable lessons for traders to avoid similar pitfalls.
  • Delta: The 10 Most Important Trading Wisdoms (00:58:00): A condensed set of key trading principles that form the bedrock of a trader’s decision-making process.
  • Epsilon: The Mistakes 95% Of Traders Commit (01:07:00): An exploration of common mistakes, coupled with the introduction of the MBA Method as a practical solution.

3. Part 2 – Trading Principles

This section takes a closer look at essential trading principles:

  • Zeta: Fail.Learn.Grow.Repeat (00:45:00): Encourages a growth mindset by embracing failure as an integral part of the learning process.
  • Eta: The Key Trading Principles (01:18:00): A deep dive into the core principles that successful traders adhere to consistently.
  • Theta: Effectively Utilise 4 Elementary Trading Tools To Add Edge (01:14:00): Introduces crucial trading tools designed to enhance decision-making and analytical capabilities.
  • Iota: 10 Highly Effective Habits and Processes of Elite Traders (00:36:00): Provides insights into the habits and processes that set elite traders apart from the rest.

4. Part 3 – Trading Strategies

This segment is dedicated to practical trading strategies, offering a hands-on approach to strategy development:

  • Kappa: Strategy Playbook Development (01:23:00): A guide to developing a strategic playbook tailored to individual trading styles.
  • Lambda: ACCESS Trading Methodology (01:42:00): Introduces a comprehensive trading methodology, providing a systematic approach to decision-making.
  • Mu to Pi: Playbook Strategy 1-5 (Totaling over 30 hours): An in-depth exploration of various trading strategies, including Strong Initiative Volatility, Extreme Range Day, Structural Breakout, Initiative Low Volume Areas, and Inside Range Days.

5. Part 4 – Problem Solving Trading Tools

This section equips traders with essential tools for effective problem-solving:

  • How to Activate the Trading Tools (00:05:00): A brief overview of tool activation to facilitate seamless integration into the trading workflow.
  • Rho to Psi: Trader Training Calendar, Filtering And Signalling, Risk Management Tool – SRM, Strategy Playbook Cue Cards, Performance Metric Analysis, The Trading Process Flow (Totaling over 10 hours): In-depth coverage of tools designed to address common trading challenges, enhance risk management, and streamline the execution of trading strategies.

6. Part 5 – Bonus Material

To enhance the learning experience, Axia Futures provides bonus material:

  • 8-Week Video Access Methodology Drill-based Learning Series (11:39:00): Additional content for continued learning and reinforcement, extending the value beyond the core course.

Free Sample Sections: A Taste of Excellence

One notable feature of “The Prop Trading Code” is the provision of free sample sections, allowing prospective students to preview the course content. These include lessons on common trader mistakes, an introduction to the ACCESS Trading Methodology, and strategic insights into structural breakout patterns. This transparent approach by Axia Futures enables potential students to assess the quality and relevance of the course before making a financial commitment.

The free sample sections not only act as a marketing strategy but also serve as an indicator of Axia Futures’ confidence in the value of their educational content. By offering a sneak peek into key lessons, Axia Futures aims to build trust with potential students and ensure that the course aligns with their learning objectives.

Educational Disclaimer and Risk Disclosure: A Prudent Approach

Axia Futures takes a responsible stance by prominently displaying an educational disclaimer and risk disclosure. This disclaimer emphasizes that all content, including videos, blogs, and live broadcasts, is intended for educational purposes only. It underscores the inherent risks associated with trading futures and emphasizes the importance of trading with capital that one can afford to lose.

The disclaimer also addresses the performance of the AXIA Trading Team, highlighting the atypical nature of their results. By stating that attending and completing the program does not guarantee trading success, Axia Futures manages expectations effectively. This transparency is crucial in the trading education industry, where unrealistic promises are not uncommon.

Performance Considerations and Testimonials: Managing Expectations

Axia Futures provides a sobering reminder that the performance of the AXIA Trading Team, featured in videos, blogs, or live broadcasts, is not typical. It attributes their success to years of experience, hard work, and dedication, making it clear that completing the training program does not guarantee similar results.

The inclusion of this information is vital in managing the expectations of aspiring traders. It serves as a reality check, reminding them that trading success is not guaranteed and that consistent profitability requires dedication, continuous learning, and a realistic understanding of market dynamics.

Limitations and Considerations: Navigating the Course Complexity

While “The Prop Trading Code” offers a comprehensive curriculum, it’s essential to acknowledge potential limitations and considerations:

  1. Time Commitment: Some lessons, particularly in the trading strategies section, span several hours. This might pose a challenge for individuals with time constraints. Prospective students should evaluate their schedules and commitment levels before enrolling.
  2. Content Intensity: The depth of content, especially in the trading strategies section, may be overwhelming for beginners. Axia Futures may consider providing additional resources or introductory materials to ease the learning curve for novice traders.
  3. Simulated Performance Results: The disclaimer rightly mentions the limitations of simulated performance results. Traders should approach such results with caution, understanding that real market conditions may differ significantly.

Conclusion: Unlocking the Potential for Trading Success

In conclusion, Axia Futures’ “The Prop Trading Code” stands as a robust and comprehensive offering for traders seeking to enhance their skills and knowledge. The course’s well-organized structure, in-depth content, free sample sections, transparent disclaimers, and a realistic approach to performance expectations contribute to its credibility.

Prospective students, especially those with a foundational understanding of trading concepts, will find immense value in the practical insights, methodologies, and tools presented in the course. Axia Futures’ commitment to education and risk disclosure sets a commendable standard in an industry where clarity and transparency are often lacking.

While the course is not without its challenges, particularly in terms of time commitment and content intensity, these aspects can be navigated with careful planning and a disciplined approach to learning.

“The Prop Trading Code” by Axia Futures is more than a course; it’s a comprehensive guide that holds the potential to unlock trading success for those willing to invest time, effort, and a realistic mindset into their educational journey. As with any educational endeavor, success ultimately depends on the commitment and application of the knowledge gained. Axia Futures has created a valuable resource, and for traders dedicated to their craft, this course can serve as a catalyst for their journey towards trading excellence.

Axia Futures The Prop Trading Code - The Forex Geek (3)

The Forex Geek

Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.

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Axia Futures The Prop Trading Code - The Forex Geek (2024)

FAQs

Is Axia trading legit? ›

Axia Trade is regulated by the FSA, Seychelles, number SD034. Seychelles is an up-and-coming leading financial center which strikes an excellent balance between high levels of trader protection and flexibility.

What platform does Axia Futures use? ›

At Axia Futures, our core focus is on leveraging tools such as DOM (Price Ladder), Market Profile, Volume Profile, and Footprint charts. All of those are essential parts of the Tradovate platform and we will have a look at the features that enable you to trade many Axia Futures strategies. Let's get started.

What is a forex prop trader? ›

Proprietary trading, commonly referred to as prop trading, describes the practice where traders engage in trading activities using the capital of a prop firm or financial institution rather than their own capital.

Is Axia a broker? ›

AXIA Capital Markets LLC (“ACM”) is a U.S. registered broker-dealer and member of FINRA.

What is Axia trading? ›

AXIA FUTURES is a trading education firm based in London offering trader training and trading courses that model the best practices and skills development techniques of a group of top performing futures day traders.

What is Axia based on? ›

Daihatsu Ayla / Toyota Agya, the models that the Perodua Axia is based on.

Do prop traders make a lot of money? ›

In conclusion, the income of prop firm traders can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year, while a senior trader can make upwards of $500,000 annually.

Can you make a living with prop trading? ›

Prop trading can be lucrative, with earnings tied to a profit-sharing ratio. Unlike traditional brokers relying on commissions, prop traders' income directly links to generated profits. Ratios vary, often ranging from 75/100 to 90/100, offering flexibility based on experience and strategy.

How do you know if an exchange company is legit? ›

To see if a site is registered, visit fincen.gov/msb- registrant-search. Registration alone won't protect you from fraud, but most scams involve unregistered entities, people, and products.

Is AximTrade a good broker? ›

Their trading platforms are user-friendly and come equipped with advanced charting tools and technical indicators. However, it's important to note that Axim Trade is not regulated, which may pose a risk to your investments.

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