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    Thinking about a career change looking for some advice.

    If you can do all your 9-5 work in a few hours then always good to have someone else pay for your training. Trade the 240m & 1day, effectively the timeframe is your entry window, 1hr and below will distract too much and you'll make mistakes. Did all the work in 4-8hrs for the week, very...
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    Questions for experienced ES daytraders?

    This is funny to watch, every one is distracting themselves trying to make sure the other guy falls further behind than they are, not understanding the real goal is to make sure they run faster than the guy next to them because the institutions will have them both as a tasty little snack.
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    How do I trade Forex?

    Some one posted the other day trading is not a competition, that's all it is. You can't beat the market, you can't beat the institutions, but you can do incredibly well being on the same side as the market leaders, which means taking the other side of the trade including going against most in...
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    Questions for experienced ES daytraders?

    ES is being artificially held up, but that's not the interesting part, the institutions left the longer timeframes some time ago. These past two weeks performed an experiment, put up live streams one of which was ES with core timeframes. People looked at it, went blank, and then went on their...
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    How do I trade Forex?

    Some of these replies are ridiculous, Forex is just another trading instrument, it has its own peculiarities but then so does AAPL or ES. It's basically unregulated and the institutions control the market, but if you work out how they play then it gets easier. Prefer currency futures as well...
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    Is it possible to win in one trade? Or are we supposed to lose 9/10 times

    You can have a 20% win rate or an 80% win rate, it depends on too many dynamics whether you are profitable or not. With 20% you have to hold on to your winners a lot longer to recover the losses, but not many are able to achieve that these days, too much volatility and too many whipsaws. Using...
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    Vanzandt's important post

    Free advice that will net you -300 pips on the last call with no stop, appears to be throwing them out there in the hope one actually sticks. Their high probability and completely rational trading methodology.
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    First World Problems

    That's the definition of stuck, not being able to move forward. Regardless, he implied he is further ahead than he actually is, no need to engage further.
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    First World Problems

    Now it makes sense why you are stuck, fair enough.
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    First World Problems

    Here's is the problem, trading daily charts you need 15-20years of history, a generation. The mid-timeframes most are not too interested in these days except retail, too much push/pull from the higher and lower timeframes meaning negative return on time vs capital. The lower timeframes such as...
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    Get Long The GBP

    People can't be that stupid surely, the method is beyond idiotic and no different from Ravens method of stock picking. You do not martingale or esque this, it makes no difference if it's successful or fails spectacularly, it's a red or black move. You can make good return, least probable, or...
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    Get Long The GBP

    Is this the 2016 version of Raven the Chimpanzee.
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    Get Long The GBP

    A reversal trade is incredibly profitable but only works if you have the institutional grade tools and/or knowledge to time it, ideally both, hence why most take the marginal gain route in the trend. Apparently no one read the news these past months that there have been a few calls of parity...
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    Get Long The GBP

    Parity, but that call was made in July 2013, how it gets there is another matter.
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    Get Long The GBP

    It's not his fault, it's the marginal gain approach imploding and taking anyone who uses it with them. This is how it should be done http://www.ustream.tv/channel/3CYHkspXE5t (make sure to choose 1080p).
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    Get Long The GBP

    The title of the thread is "Get Long The GBP" and it's -180pips intraday low, apparently losing money is something to be happy about. There's some serious 'man love' going on in some of the replies because it's definitely not about profit...
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    Get Long The GBP

    Will put it in to some context for you, having access to institutional grade analysis. On a rational level what you are saying is correct, on the chart is the greyblue (defensive) dashed line at the lower of the second window, the market has bottomed. The problem, the yellow circles around the...
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    Get Long The GBP

    The red and grey-blue dashed lines in the yellow circles, they inverted before the collapse, someone was messing around and the algo systems didn't know what to do so they imploded, it happens.
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    "Flash crash" decimates sterling

    Receive a 4K channel stream with an indicator that has 95-99% accuracy for institutional and market capitulation points, assuming you know how to analyse the other 1-5%. There was no warning as there was a capitulation in process (red), which explains why someone launched it at 2300-0000GMT in...
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    How do very high net worth accounts trade?

    That is correct is many cases, but as always there are occasions where that does not work, one of them being trying to change the yield curve too rapidly, unfortunately those exceptions often cause a catastrophic event. This is the OPs question paraphrased, how does one transition from...
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