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    Any Low Cost Charting Software That Facilitates Synthetic Spreads?

    I use CQG Integrated Client and also TT Pro. But as mentioned this is a bit of an experiment and being based in the UK there are a lot of things like spreadbetting where i could bypass a lot of the high cost of the futures industry. I dont know if theres anything in it, but going to experiment...
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    Any Low Cost Charting Software That Facilitates Synthetic Spreads?

    Great thanks, I wasn't aware of that. Thats the sort of thing I was thinking of
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    Any Low Cost Charting Software That Facilitates Synthetic Spreads?

    Hi all, I am on a bit of a mission to see how low cost I could get a trading setup. I'm tired of spending thousands a month on what is essentially pulling a data a feed and putting it in to bar format. On a slow month, or a month where you are away from the screens for any length of time the...
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    Bitcoin hit a high of $8,458 today on coinbase. I'm calling it. This is the end of Bitcoin

    Indeed, im not by any means saying BTC is a tangible asset like a house or gold etc. But the money you see on your bank statement is basically virtual. It can be used to purchase tangible goods, but you can't turn up at a bank and exchange it for bullion. It is just numbers on a screen backed by...
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    Crypto questions

    I have a crypto question. Bitcoin works on the basis that users maintain the ledger by solving equations on their computers or "Mining rigs". But what happens when the finite supply of bitcoins have all been found. Nobody will be incentivised to maintain the transaction ledger anymore as no...
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    Mentorship (4th year still not profitable)

    It probably doesn’t help the OP and I’m not sure what I’m advising exactly. But several of the biggest traders I’ve worked with were if anything a bit stupid. They couldn’t even tell you what a bond was. They didn’t have a clue what was going on in the news or the potential risk they were taking...
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    Mentorship (4th year still not profitable)

    It all depends how much money you have on account with them. If a trainee they will back you (well used to) for 50/50 split. But when I was doing it for every 10k in your account you get an extra 10% in your split. The highest is about 90%. Probably the average Trader was on about 70% split...
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    Mentorship (4th year still not profitable)

    I worked for over a decade in prop firms, I never once saw it as working for someone else, if anything I saw it as them working for me. If they didn't give me top notch service I threatened to leave and they tried to keep me. I demanded good IT support, low commissions, investment into...
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    Mentorship (4th year still not profitable)

    I was using close to a million dollars in margin with less than 100k to my name. I had autospreaders with dedicated servers way before exchanges hosted them. I had dinners with the heads of exchanges and access to some of the most competitive rates. I got to train people without using my capital...
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    Mentorship (4th year still not profitable)

    What Bone is saying is true. I’ve traded at about 4 prop firms over my career. Not everyone that walks through the doors makes money. That’s life. But everyone of the firms was full of people making a lot of money trading, some over periods of 30+ years. I would never have made a penny trading...
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    Mentorship (4th year still not profitable)

    There are a few courses that teach it, thedaytradingmentor.com nobsdaytrading.com also AXIA futures a prop firm in London have some youtube vids. But ultimately there is nothing you can study and next week make money. Its a question of hours in front of the screen practicing and practicing...
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    Mentorship (4th year still not profitable)

    Personally I never made much off of news releases, but used RAN Squawk and or Live Squawk over the years. But the guys that carved out an edge in trading comments would have their own Bloomberg Terminals. Some people would pay for upgrades on the squawk services to get a faster connection to...
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    Mentorship (4th year still not profitable)

    Yup exactly that. Not averaging into oblivion, we all have hard stops on the day where if it gets to "x" we are out.. the guys that don't have that will always eventually blow up. But when you are experienced you know your edge and why things work or don't work and are comfortable adding to...
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    Mentorship (4th year still not profitable)

    Reading algos in the order book and trading off the back of them, trading correlations between markets, calendar spreads, paying a lot of money for news services and trading off the back of central bank comments etc, investing in algorithmic execution technology... and a lot of averaging to be...
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    Mentorship (4th year still not profitable)

    OP you need to join a prop firm. I have been trading professionally for about 10 years and about 3 years before that trying to learn at home. You need low commission structure and to sit around profitable traders and learn from them.. although traditional prop firms are few and far between now...
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    Bitcoin forks: Money for nothing, sex for free

    Hi, im just starting to investigate Cryptos and investing in them as part of my overall portfolio. Would you mind explaining how you own your private keys please? I hold a couple of different CC's via Coinbase.. I assume i dont "own my own private key" Thanks a lot
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    1/4% Tax on all stock trades pushed in NY Times today

    Funny how more government and more "solutions" invariably leads to more problems. But seems like a one way street to more complexity. Its relatively easy to write a new law compared to scrapping one.
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    1/4% Tax on all stock trades pushed in NY Times today

    Which is why people without a demonstrable work experience within finance or an economics degree shouldn't be allowed to vote on political parties proposing insane tax/regulation laws. People in the UK (and i suspect most countries) are so unhappy with.. im not sure what, but they are unhappy...
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    Saxon Financials

    I'm aware of several guys trading in Spain but they rent their own offices/trade own accounts so wouldn't really class as a Prop Firm. I would be surprised if there aren't. Gibraltar has several and know people that live in Spain yet work in Gib just depends how far from Gib you are
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    Saxon Financials

    They did. But Saxon closed about 8 years ago
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