Recent content by pere490

Well first I would like to congratulate you for pursuing to trade professionally with a prop firm because it is a very good learning experience. Second at my first shot at prop trading I was trading with 5k account and let me tell you it is almost impossible to make a living or even maket...

Tells, basically this a prop firm giving you leverage on your money to trade. If you are seriously considering this venture, I would recommend investigating other prop firms. Most prop firms I have seen give close if not a 100% of your profits. They make money on the commisions you pay, so that...

Me and two other traders joined together to day trade and we used Ventrilo.com. Basically we started our own room and used headsets with microphones so it was like trading with people in the same room. Actually we had traded together on a trading floor and the Ventrilo was more effective for...

Hello fellow traders. Just wanted to share my trading experiences and future plans. My background includes a BS in Meteorology, A Certified Financial Planner designation, insurance agency ownership, and now a position as an Financial Advisor for JP Morgan Chase. Now why would I state the...

I read Stephen Bigalow's two candlestick books (www.candlestickforum.com) and find that very useful when used in conjunction with other technical indicators. The above mentioned books use a technique of major candlestick signals and stochastics to determine trade entries. The nice thing is you...

I wanted to get different opinions on using large versus small stop loss orders to trade FOREX. I read one strategy that uses tight stop losses to minimize losses and I remember reading a second strategy using very large stop losses to prevent being whipsawed on volatility. What I remember is...

Hello traders. I wanted to post a FOREX trading strategy that seems to have some consistent results on charts, but I have not been able to implement consistently. It requires watching charts constantly which I must admit I cannot do. I wanted to program the parameters and see if it is...

I am interested in creating a trading system that utilizes candlestick buy and sell signals along oversold/overbought stochastics levels. I know for equities there are charting services that will scan for candlestick signals and you can even program parameters to screen prospective trades...

I am in Houston and am game.