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  1. TrAndy2022

    BOJ to discuss yield curve control tweak to allow rates over 0.5%

    https://asia.nikkei.com/Economy/Bank-of-Japan/BOJ-to-discuss-yield-curve-control-tweak-to-allow-rates-over-0.5 BANK OF JAPAN BOJ to discuss yield curve control tweak to allow rates over 0.5% Central bank likely to keep current cap while taking flexible approach The Bank of Japan's policy...
  2. TrAndy2022

    Investment Banking Trader - what risk capital you get to trade with ?

    Exactly, that is what I thought too.
  3. TrAndy2022

    Investment Banking Trader - what risk capital you get to trade with ?

    No, not a bank or like that; for example FTMO, MyForexFunds (MFF), or BespokeFundingProgram (BFP) recently, where you get $ 2million on funding without scaling in one go with 10% MDD.
  4. TrAndy2022

    Trader-Dale reviews?

    And do not forget on Trader Dale all what he is doing for supp/res on his volume profile. His other method is just a confirmation. But he says on his own that usually it is not needed like in 80% of all cases. And when he only gets a signal from Order Flow trading he ignores it. So everything is...
  5. TrAndy2022

    Trader-Dale reviews?

    Do not buy anything I would suggest. The books are all free or freely available as pdfs on internet. They do not go beyond that on any course or anything. And there tools you can also get for free or very, very cheap elsewhere. Just for your info before you spend some serious money here or there.
  6. TrAndy2022

    Investment Banking Trader - what risk capital you get to trade with ?

    One of the rare exceptions. What I meant (on my first post) is for starting traders within the first 5 years as investment banking trader. Of course if one could build a very successful trading record over many years there are many opportunities, like hedge funds for example and so on... I mean...
  7. TrAndy2022

    Investment Banking Trader - what risk capital you get to trade with ?

    yeah I know, but I heard and I know from myself that 90% of profits do come from prop activities in a bank, despite it is not more such allowed or to be wanted. You have other profit figures ?
  8. TrAndy2022

    Trader-Dale reviews?

    Tested in on daily timeframe. It was a disaster, not working at all. On his 30min timeframe he gets around 3 pips net profit only on his 4 symbols. 10 pips profit to 12 pips Stoploss with a 69% win rate per average trade (he says). On the other course you mentioned I cannot say something but I...
  9. TrAndy2022

    Investment Banking Trader - what risk capital you get to trade with ?

    I never heard you can make a lot of money from flow. Am I wrong or what do you mean by that ?
  10. TrAndy2022

    Investment Banking Trader - what risk capital you get to trade with ?

    I heard from an FX trader that they can trade up to 1000 lots or $100mm unlevered and they cannot make than more $3 to $4 million losses (below zero). And they get only 3% to 5% of all profits from that. So that would result in something like $90k risk capital for the beginner trader up to $200k...
  11. TrAndy2022

    Tax free trading in Bali

    It was all in the media. Based on the politicians worldwide agreement to 15% minimum tax. Do not have special source here I can provide. You need to search yourself. Up to $100k trading income per year Bulgaria looks attractive. Bytheway the air is much polluted in Sofia, better to stay at the...
  12. TrAndy2022

    Tax free trading in Bali

    Do not think this is anymore, as they have signed to the global minimum tax rate of 15%. But 15% still reasonable of course. Varna on the black sea is good destination there, quite cheap to live. But not a first world country you need to consider that. Bulgaria and Romania are the cheapest...
  13. TrAndy2022

    Tax free trading in Bali

    It means also that whenever you take money to your account in Indonesia then you are taxable for those personal spendings. You pay full taxes on that. It is same like in Thailand, they also have special Visa for foreigners. So you need to trade from broker accounts outside of this country and...
  14. TrAndy2022

    Banned by a Broker?

    "MetaQuotes has a limit of 2000 "server messages" per day on the trade server (that's EA trade requests). If you cross that limit your account will be flagged as "hyperactive" (MetaQuotes terminology). It depends on your broker what will happen next. Usually your broker will give you some margin...
  15. TrAndy2022

    Turbo learner? ChatGPT is getting worse and worse in different disciplines

    ChatGPT is considered a turbo learner, similar to the infamous robot in the 80s film »Number 5 Lives«. Except that the AI does not learn from books, but from digital data, which it scans even faster than number 5 can turn pages of paper. A study by researchers from Stanford University and UC...
  16. TrAndy2022

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    If you are considering daytrading stocks on Momentum plays, you have two options. You can either trade the Order Imbalance on the market opening, meaning that mean-revert trade but you need to be market neutral here. Or as second option you can also trade Momentum Breakout on opening gaps, maybe...
  17. TrAndy2022

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    The only way I see you can make consistent returns which outperform your Buyandhold benchmark is daytrading based on Momentum plays, so you would care on stocks having their opening gap and then their common behavior thereafter. Then you can make by far more returns WITHOUT having more leverage...
  18. TrAndy2022

    When evaluating your trading results, is it proper to compare to a simple buy and hold?

    You cannot compare to B&H. You need to look risk adjusted. Best or most common is to use Sharpe Ratio as measurement, on how good the strategy is. If you want to beat the S&P500 or Nasdaq as B&H, you can just buy UPRO or TQQQ as built-in leveraged ETFs here. And you should outperform your...
  19. TrAndy2022

    Is there anyone here who has a consistently profitable automated trading system?

    There are many pitfalls for a fully automated trading system. (For example you are trading stocks and you need good fills, then you also need to consider bid/ask volume and level 2 data, which makes it complicated for automated trading execution. There are many other pitfalls too, like hardware...
  20. TrAndy2022

    Are options a waste of time and money? (pun intended)

    There is consistent profitable strategy on options with Sharpe 3. I also published it here with the scientific study together in the past. Again the study here attached. Study that in detail. You can make here something like 5% monthly consistently. Cheers.
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