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you're clearly very qualified, as someone else in the thread wrote maybe its just your interview technique. I know you didn't specify you wanted to work as a trader or a broker but i have worked as both in london and intelligence/ degrees has absolutely no reflection on how someone performs...

most prop shops (trading arcades) will give you an interview for a trainee trader position with no experience. Mind you it will help your application if you can prove you've traded your own account for a while. They wont be that concerned about whether you made any money, its more a piece of...

I think Paul Rotter started out as an independent trader. Up until this year (although some would say this year also) he single handedly moved the European Bond market. I think there will always be big independent traders but its in their interest to keep quiet

I heard a story about one of the best traders in our office, he was having a particularly bad day and ended up punching his screen smashing it in the process. The screen was just showing a blur of red white and blue TT colours except for one little corner where he could make out one of his...

I was having a chat with a few people at the trading firm i'm with and we were trying to figure out what makes a good trader because there isn't any real similarities between the traders in my office, they come from all different types of backgrounds have different personalities, some very...

Hi, Whether TA works is always a subject of debate. I just have a question: if you dont use TA (in the traditional sense i.e moving averages/trendlines etc) what do you use? The way i see it is if you aren't looking at a chart to pinpoint an entry you are either randomly guessing...

Hi all, I don't know how active this thread still is but i think it has been great! I have a couple of questions for you more experienced guys (Maveric, you still around?) If you see size on the offer that you think is a spoof firstly what clues do you look for that this could be...

it is indeed possible. But it isn't easy. Most people get disheartened because they have unrealistic expectations. I don't know the exact stats are but from my experience (and this is at a professional level) for every 10 new traders that get taken on 1 will become a super trader, 2-3 will...

whatever you would like to trade, provided the liquidity is there you can trade whatever you want. Most people trade bonds though

Hi, I was wondering if any of you could recommend any websites /good books on trading from order flow i.e using the price ladder to gauge when paper's coming into the market and other scalping techniques? Most traders that trade this way have said that sititng in front of the screen...

They're a good firm, one of the few prop firms that actually put the trader first. Desk fees are slightly higher than the norm but they make up for that in other ways. Let me know if you have any more sepcific questions

I cant believe the random walk theory has lasted this long its ridiculous. If it were random do you think investment would even exist? To say a trend doesnt exist is madness, look at a stock announcing profit warning after profit warning and you think its declining price is a fluke and the...

Thanks guys thats helped me out Tom

Hi, Sorry for what may seem a basic question to most of you. I know what spread trading is but another common term I hear regarding trading approaches is "flys" . PLease could you explain to me what this is? Thanks Tom

"One thing I am becoming convinced of is that price chart reading no matter how you do it is absolutely useless intraday, yeah often you will see a great pattern after the close of course but most of the time in real time you get chopped up. " If you don't use a chart how can you make any...

haha so i guess the answer to is scapling possible? that'll be a no! Thanks for the responses, the main reason for asking is i am a spot forex trader and currently trade intraday 2-3 trades a day daily target of about 20 points. I'm pretty successful but futures is an interesting option...

Hi, I am new to the world of futures. One advantage futures have is its transparent market and tight spreads. I was wondering if it is possible to scalp (in the traditional sense) at retail level? By this i mean taking trades with no real regard to overal market direction, just purely...

nealvan, As for which futures, initially i was thinking currencies as this is what i am experienced in but if there are better contracts to trade in your experience i would be interested in hearing your suggestions Richard, thanks for the assistance, i'm currently looking at a platform...

Hi all, I have successfully traded spot forex for a number of years but am interested in learning more about the world of futures. I'm sure each product has its own personality but what in your experienced opinion are the advantages of trading futures over the spot market? (not necessarily...

thanks for the replies guys, the reason i considered variable spreads dangerous is because imagine you got in when the spread was 1-2 pips and then the spread for whatever reason (unexpected news etc) widened to 10 pips (which i have heard people have reported granted very rarely) you will...