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  1. B

    Edge: Should it work on them all

    Yes you will have fewer trades this is what happens with excessive filtering and therefore a trader will be forced to increase his trade size which increases his risk. IMO a signal should be specific to the strategy one is using.
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    Edge: Should it work on them all

    I trade 20+ currency pairs and I found that no matter what strategy I use, my filter settings would have to be different due to the different dynamics of each instrument. Also, if you are doing back testing you would need to know what happened during certain periods of time so that you can...
  3. B

    Can I run money on the u.s. for foreign investors without ...

    Without a license your options are limited. If it was me I would probably form an LLC with my investors and the LLC would be trading its own funds. Another way perhaps could be through the creation of a unit trust (Mutual fund) and again, the trust would be trading its own money. I'm...
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    I think all you guys looking for a crash...

    They will continue the buy backs? With what money? Getting loans will become harder and companies which have debt will need more and more cash to pay for their increasing interest payments
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    I think all you guys looking for a crash...

    It can go the other way but unless something very disastrous happens to the western world, money printing is over and interest rates are going up. Property will go nowhere or down.
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    I think all you guys looking for a crash...

    I don't know about that, the PE's are still ridiculously high and central banks are not going to be printing cash forever, but lets see what happens with Omicron. Personally I see a patchy sky with many dark clouds. I've recently sold all my stocks which had good gains and I hope for a deeper...
  7. B

    Broker for 1M+ accounts

    It seems very nice. I don't have a web UI, I never thought of making one, I wonder if it would help me... Is this software available to purchase and if so can you provide some details Or at least share a screenshot? You can send me a private message if you like. Thank You
  8. B

    Broker for 1M+ accounts

    It will take a bit of time to setup but its worth doing in my opinion because we want to protect our capital. I would set it up using demo accounts to make sure everything is ok. and when I'm happy with execution, lot sizes, SL etc I would then add the live accounts to it and delete the...
  9. B

    Broker for 1M+ accounts

    The other advantage of duplicating trades with multiple brokers is better execution (because smaller size trades get filled quicker) and we can also compare the daily results between all the accounts so we can easily see if something is wrong.
  10. B

    Broker for 1M+ accounts

    Very valid point and I should point out 1 risk which is not immediately obvious to all traders. The broker risk. We don't want to deposit all our funds with any 1 broker and we cannot trust brokers who register their business in unregulated jurisdictions. If we cannot eliminate this risk, at...
  11. B

    Broker for 1M+ accounts

    If you have a large trading account why do you need high leverage? Brokers who offer high leverage will generally run B books, in other words they take the other side of your trades and they will do everything at their disposal to take your money. I have used ICMarkets and my experience was...
  12. B

    Exploiting sentiment imbalance?

    Yes we cannot just follow a reading. We need to understand what we are looking at Are these numbers from 1 broker or from many brokers? What volumes do they represent and are those volumes significant enough to be considered useful? For example, FXblue numbers are from various brokers and many...
  13. B

    Exploiting sentiment imbalance?

    I think you've misunderstood my point, I'm not in the opinion that I'm trading against other people. In fact I'm certain that the majority of my trades are filled by liquidity providers so my opponents have big pockets and they can move the market. Therefore, IMO we should pay attention to...
  14. B

    Exploiting sentiment imbalance?

    And if I could add to that, if it is 60% Buy orders the probability that price will go up from here is small, the LP's will most likely push price lower so it is safer to only place short trades for a while. I'm not saying that some buy trades will not be profitable, I'm simply thinking of...
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    Exploiting sentiment imbalance?

    Ok understood and I didn't say that the broker is responsible. However, now that you've mentioned it, you got me thinking and.... if I were paranoid and wanted to think of conspiracy theories, I could imagine a big broker making a move against their client positions by using their hidden...
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    Who moves the market? forex question

    This is so true...
  17. B

    Risk Management is the answer

    Ok I agree with you 100%. I understood what your strategy was from your earlier posts and none says that you should change your trading or that your entries are less important than Money management. "Wide Tailz" was mostly referring to only 1 aspect of trading which is capital preservation and...
  18. B

    Exploiting sentiment imbalance?

    First of all we need to understand what we are looking at. These are RETAIL trader positions of LIVE accounts which are linked to FXBlue so they don't represent all trader positions in FX. Now that know what these values are, let's see how we can use this information. IMO the values which are...
  19. B

    Risk Management is the answer

    IMO you are both correct, Which of the 2 is more important depends on what strategy we use to trade.
  20. B

    Hitting the roof as trader

    I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times. Bruce Lee
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