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I don't know T3 but prop firms are not geared up to be PR friendly. Most of the running costs are passed on to the traders. We would all be up in arms if suddenly our desk fees went up because some secretary was hired to answer speculative phone calls. Its usually one of the IT guys or Risk...

Hey Redbaron, Nice one, spotting them is half the battle, the bund spoofers aren't the easiest to trade in my opinion. Personally I prefer them in the thinner faster markets, I make decent money in the Dax (but its a pretty beefy contract unless you have some decent capital behind you). I've...

Hi Redbaron, If he really was a spoofer and not just a large order hoping to tempt someone into filling him then by showing it on the bid side he would have been accumulating a short position that would have realised profit when the order was pulled. You don't need to expect huge reversals...

Trading is a very broad term. I have been a proprietary trader my whole career (10 years or so) and I don't even have a degree (started an economics degree but hated it), most of the people that fail are highly academic, I have lots of reasons why that might be but thats another thread. Haven't...

JTrader to be honest it is easier to show than explain. You are looking for the "flip" when they pull the fake orders. Its not hard to spot large size in the order book. The key is seeing whether it actually wants to get any fills. If it pull as soon as a couple of contracts trade in to it its...

There are less and less spoofers in the markets (i trade futures so can't speak for stock traders). Spoofers don't make nearly as much money now because so many people know how to spot them and profit from them. Plus the risk of getting busted by the authorities. I think it should be legal, if...

I have made a fairly large percentage of my career income spotting spoofers. They are free money when they are in there. I can't believe people fall for them to be honest. If you have any questions let me know I don't mind explaining.

If you have a track record of a controlled disciplined account (doesn't have to be making big bucks) PM me with your stats I may be able to help

Ferdinand, Short answer futures. Long answer I trade multiple markets. I think you need to have an arsenal of weapons to survive so I have certain edges and look for them in as many markets as I can. As I am based in Europe I trade mostly European stuff on Eurex. Bund, Bobl, FESX, Dax etc In...

Before I started trading I dabbled in forex and learned technical analysis. Virtually nothing that is actually useful to making real money. I joined my first firm when I was about 22 and thought I knew it all (because I had been reading forums etc) I was a trainee and they kinda trained me up...

The leverage firms offer me is an advantage certainly for spread trading products that aren't fungible. And the occasional overnight trades I might take (90% is day trading) but margins are set by the exchange for the most part and day trading margins are pretty cheap even for retail people (if...

Im actually thinking about doing exactly that Joe. But to be honest a large part of my edge is derived from being on a trading floor, bouncing ideas, learning where people are making their money. Not to mention having the security if my computer dies on me I get a new one replaced immediately...

I've been a professional trader for about 10 years. A proprietary trader. If you don't know what that is I trade my own capital which is then leveraged by a firm and I pay a desk fee monthly for the use of their infrastructure. So typical earnings.. The majority of people that walk through the...

To the OP if you really want to go the prop shop route use your results so far to try and get you on a trainee program at a prop firm. Great to see you are making progress but seriously do not deposit money at a prop firm unless you know you can trade month in month out for years. I have seen...

I think this is a great topic. I have traded professionally for years and I can't complain, I have managed to make a half decent living doing what I love. But my priority has always been limiting losses, ive gone on 40 day winning runs and not had a down month in about 5 years. However, am I the...

I've been a proprietary trader for about 10 years. Feel free to ask me any questions.

S0mmi, That sounds like good advice, cheers

i assume this thread is meant as joke. I can assure you the markets arent made up of 5 or 6 big traders that sit around trying to screw everyone else out of a few ticks. As someone that has been a professional trader my entire career these big traders are constantly making sure their edges...

cheers Zdreg, will have alook at that

thanks Redsun, yeah ive been a professional trader for about 6 years, im pretty clued up with everything technical, just trying to get my head around energy specific nuances and relationships. Thanks for the reply