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22 years old is still quite young. Perhaps you should explore other ways to contribute to the economy? We all have our unique talents to contribute. Not everyone is suited to be professional trader. To be honest, although I love trading, I don't think the social value derived from trading is...

He didn't give clear examples of how quants are using machine learning the wrong way.

Traders/investors had better not act on what President Trump says until what he says has been confirmed by the Chinese side. This president is a salesman. Full of superlatives and exaggeration. It's hard to trust salesman as they only want to portray their side of the story.

I look forward to hearing your insights too on why forex is not manipulated more than stocks. So far, I think forex is manipulated more. THere're only a few big banks and a few forex pairs. Easier to manipulate.

Will trading forex futures be a solution to work around the cow-boy lack of regulation in OTC spot forex?

Thank you for your insight. I can understand now why you have more likes than posts :) Seems like forex is more rigged and manipulated than stocks despite its much higher liquidity. Going by your logic, the most manipulated currency pair will be EURUSD, since it is the most traded and the...

For position trading, would you mind sharing how is it different between forex and stocks? Not asking for your secret. Only hoping to learn enough to stop my bleeding.

May I ask do you prefer price action or indicators? You mention most indicators, technical patterns can be thrown into the trash. Do you think indicators don't work well in forex compared to stocks?

Sticking with regulated, reputable forex brokers is important since forex is not regulated and scam brokers is a high risk than stocks. I have read that forex is a very liquid market compared to stocks, so it is very hard to manipulate. Stocks are more easily manipulated than forex due to lower...

That's true but not a big issue if the trader sizes his position accordingly with the built-in leverage of forex.

Dear Forex elite traders, I would like to pose a question to the elite traders here who have a consistent profitable track record in both stocks and forex. I have experience with stocks and little experience with forex. My experience with forex is mainly that of losing money. What is the...

Probably family members who feel obligated to support a young kid and don't mind losing their money in the process. Blood ties matter more than money.

Who are his investors? Is it from supportive family members who feel obligated to support him? I will not ask my family members to be investors because I'm putting my family members in a difficult position. They may feel awkward to reject me. Unless I have good reason to be confident, I won't...

This will kill the Chinese IPO markets for U.S exchanges. I find this narrow minded of the U.S administration. U.S investors investing in Chinese companies is not a win-lose situation. If Chinese companies make money for their investors, it is win-win for both Chinese and Americans. This kind...

Good point! If IBKR is confident to feel a commission-free alternative, it means they're confident their execution is good enough to retain existing customers. So, execution cannot be too bad. How do other members of this forum feel about IBKR's price execution? I feel it's quite good but I...

INdeed. It targets the Robin Hood market. This Lite plan is only available to U.S residents and not international customers of IBKR who are not eligible for Robin Hood. If Robin Hood is a listed company, the price will crash double-digit on this announcement. IBKR is big giant which is not to...

https://www.businesswire.com/news/home/20190926005753/en/Interactive-Brokers-Launch-IBKR-Lite It says orders will be routed to market makers who will pay IBKR. So, price to pay is poorer execution. Hard to quantify whether this is worth the commission saved.

Even weirder to me. What kind of sensible job involves colleagues throwing objects at the person? What value is created from that kind of mad activity? I'm really puzzled why this financial job pays so well.

He describes his job as being a technician on getting the trades done. He even does simple work like inputting data. He can be easily replaced by a machine. Why is he getting so well paid? I don't work in the financial sector. These weird things going on in the financial sector puzzles me. Why...

President Trump flip-flops too many times. Traders will get whipsawed if they believe him.