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Since you are from the UK... https://www.internationaltaxreview.com/article/b1ht7s272j2rvq/uk-election-puts-the-financial-transaction-tax-on-the-agenda

Hey friends, it seems to me that the bogeyman FTT is more present in the news again these day, both in the US and Europe. I was thinking a bit about that crap FTT, and the consequences for us traders. And then I suddenly had a simple idea how the FTT could be avoided, at least for us retail...

Hi and welcome, if you are new and want to use the NT platform then you should go with Ninjatrader Brokerage. But a nice alternative (in my opinion the better one) is to use AMP Futures as your broker, and Sierra Chart as your trading platform. SC is very light weight, easy to use but very...

@tiddlywinks You are right with this, but we have to admit it is a special year with that Corona crap. He is in the real estate business, and especially in this branch the business has ebbs and flows, the work comes and goes, and when there are opportunities he probably has to take them, to be...

sstheo seems to be on a very good way. If he keeps going like this, leasing a seat will make sense already within the next 1-3 months. Of course, because of the leasing rate the advantage will be very small at the beginning, but if he keeps growing and growing, this might save him a lot of...

I agree that leasing a seat already makes sense with medium volume. But careful, leasing a seat wont save you any commissions, it only reduces the exchange fees you pay.

sstheo, dont worry too much about the commissions. If you keep up your work, trading high volume in a consistent way, you will be able too netotiate completly different rates with your broker, especially once you move from the micros to the minis. And when you make the switch to the minis, it...

I am very happy to pay 10,000 in commission per month if I make 100,000 or 50,000 or even 20,000 per month. And you broker will invite you to the best parties :D

A very nice thread here, with very nice trading from sstheo, and very good discussions and input from all directions. We can all learn something from each other. I wish you all a nice evening, and a good weekend. Greetings, CALLumbus

I agree that it is of utmost importance to manage your risk, thats a top priority of every trader who wants to be able to come back to the game the next day, to earn another plate of meat and bread for his table. But to judge the risk of a trader by the R:R profile of his trades is such a...

Yes, but many seem to forget this and just try to find the next hot indicator around the next corner. Everybody wants to be a trader, but nobody wants to put in the hard work.

Again I have to remind you that this is a scalpers journey. We dont look for investors. We just look to get some good bread on our table. I understand that you have a different approach, and I guess it is a good one. But what I dont understand, if your objectives are so different from us...

What one needs is skills and experience. He already seems to have plenty, and will continue to build more if he keeps up his good work.

Which info did you miss ? I think ssthe mentioned everything thats needed to understand how he works. At the end of the day/week/month, all that matters if you make money or not.

http://letmegooglethat.com/?q=hedging

:D:thumbsup:

Same here, but it is still a very nice result.

IOM membership !

Who is your broker ? They should really know how to do this. If not, you can contact me on PM.

This is mine, mostly use it for Popcorn.