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being a good trader today does not necessarily imply you will be a good trader tomorrow. stay humble and teach yourself a lesson everyday. trading is raging a war against an unbeatable opponent. all the best

Lets imagine a $1000 hypothetical bankroll managed according to some sizing strategies, with an initial risk of: $10 (1% risk, which is conservative). 1. Martingale risks 10, 20, 40, 80, 160, 320, 640 ->BUST it lasted 7 rounds winnings are fixed $10 amounts 2. Fixed Amount risks 10...

8 pages in less than one trading day. do you still trade on your spare time?:D btw APPL is still above $80.

Romik Good job. I have done extensive work using trading bots and I fully support your point here. A system that trades liquid instruments, based on either daily/weekly or even monthly TA analysis, clearly outperforms a system that trades signals generated by tick data aggregation or any...

If you buy 1M dinar you'll immediately became a millionaire in bagdad. Way to go.

It is impossible (or at least extremely unlikely) to always buy tops and sell bottoms. Anyone doing that would quickly turn billionaire by doing the opposite trades. :D Seriously, the fact is, the vast majority of traders have around 50% winners in their track record, the difference between...

That's right. However a synthetic trade carries costs that far exceed the potential accrued interest, ie comms and especially slippage. You won't be able to get in and out of the position without enduring 1% costs and that's pretty what you'll earn over 3 months or so. Even you'd place the trade...

what about giving up credit cards? pay cash. :D

CHESS it is. it all about drawing lines in the sand while carefully planning your next move.

ticket fee? are there any brokers charging ticket fee yet?:eek:

actually they pay interest, around central bank interest rate minus half basis point, which is a pretty much a thin margin from my perspective, considering that you have full liquidity all the times. any alternative you may consider will prevent from acting in the market in real time and will...

you can do it with IB, they provide a web based solution that run on most handheld devices including the latest web enabled cell phones.

hold your breath now. the cpi is coming out.:D

actually swift is running a franchise business around the world. they have opened offices in every main location due to their turnkey prop shop solution. from what i have seen, it only takes less than $200K to start the business with their brand, support, etc. i haven't look into it yet (the...

Even the opening is now quite dull. i remember doing 20 ticks right on the first minutes of trading. but when the eurex changed the opening time, also this ended. still tradeable in the long run but just using an adaptable bot IMO.

anyone is aware of prop trading firms doing exclusively alg trading in europe? thanks.

roscoe what are you doing with dax at this time? I am running a couple of competing bots based on proprietary models I developed and then switch among them based on their latest performance. Still tough but making money. No wonder why those prop traders have vanished, there's hundereds of...

Yes, this is based on basis band strategy instead.

wise man :D

the dax is 90% program trading including all sorts of shady ideas.