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Let's assume that you want to enter a 50mm EURUSD Long position in less than 5 seconds. All goes well and there is an open position of 50mm. Now what you do if the EURUSD Price is starting to go down and is moving against you? Do you wait and hope the Price will go up or do you get out...

Hi Over the years, I developed a Strategy (FX, EURUSD) that makes 1% per Month on a consistent basis. Problem is, to trade that Strategy I need 2.5 Million. What would you suggest to do in such a Situation, what are the possibilities? The budget available for activities regarding finding a...

LMAX and Dukascopy is more than enough for this purpose. I doub't that you will be more successful with other Brokers. Keep an eye on the commissions and you're all set

Give Windows Azure a try. http://www.windowsazure.com/ The Advantage is that you can test it out three months for free I use it for my Algo Servers and it's great

100% Agree. And if someone Fails in trading, it is certainly not because the strategy has been stolen. Some People use it to Point their fingers at someone else to blame others for their failure (95% lose over the long run). A good and Successful Trader will ALWAYS make Money - no matter how...

The whole discussion is complete nonsense. Here are the reasons: 1. I don't believe that there are so many successful Traders with successful strategies around here to care about there (wannabe)successful strategy being discovered (out of 500 People here there might be one or two who are...

Let's look at this practical forex example: My EUR/NZD Strategy requires at 50:1 leverage 70,162$. At 400:1 leverage, the same Strategy requires only 18,596$. The difference is 70,162 - 18.596 = 51566$. Now the 51,566$ can be used for other purpose, which allows a much more efficient...

Completely wrong. A higher leverage does not automatically mean "more risk". What it means is to more efficiently use the capital. It always depends on how much money the strategy requires.

Ok not a problem, let my start to tell my definition of a Prop: 1. A trader joins a firm, and then trades with the company's money, i.e. 5 Million Dollars. Then, the profit the trader makes will be shared in a certain ratio, for example 50/50. However, there is also another definition of a...

Ok what is a prop firm then?

LOL that's exactly my point!! 100% agree

Everyone can push a button and execute a trade, it's no big deal. Anyway it shows that this is definately not the business for me. Also, all of this has IMHO the wrong focus. Because what I do most care about is how to get the most profit out of the existing risk capital using the least...

Trust is a big word man. I might trust my wife or a good friend, but a prop firm? That makes me laughing

What I do not understand about prop is this: Let's assume someone has a real profitable straegy that makes 20 percent a year (a very high profit) Now let's assume that person joins a prop firm, gets 10 Million and trades that strategy, and really makes 20% Profits. The problem is now...

Of course when you got more money to trade, the potential profits are higher, that's true. But keep in mind that you also can get intraday leverage as a retailer. For example, if you trade at Tradestation, you get 5:1 intraday and 2:1 overnight. So if you deposit 50k, that's 250k intraday...

The people who look for a prop are the ones who aren't profitable. The profitable traders trade alone, why give away a certain amount of gains when you can keep 100%? That does not make sense.

....Terrible. Standard is 40% to 60% of the profits.

what a dumb conclusion. I'm not looking for a job at a firm. Go ahead and learn to trade first before telling something you have no idea about

Thanks for those two links

Excellent question. The reason why I WAS looking for a prop was to get access to a large Portfolio. Think about it: When a trader makes 10k consistently with a 100k Portfolio, how much does the trader with 10 Million? Right, 1 Million. And how much she gets using a 50/50 profit split...