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I dont need to worry about living expenses, I dont have much savings and I am doing this to practice because theres no point in my risking much money when I know I am likely to lose. ATM I am trading with an ECN broker with fx but I am just not going to make money in a choppy market I know this...

I am really short on cash, I wont be able to put up $5k any time soon. I want exposure to stocks as I can screen them by volatility/largest movers and I can be more selective in what I trade. Is there no CFD broker that isnt just scamming you? Ive been looking and they mostly have bad reviews.

Hi, I am new to trading stocks and I am looking for a reputable CFD broker where I can practice risking like $1-$5 per trade. Id like access to global shares and also no sketchy stuff like stop hunting and really wide and volatile spreads. Any suggestions?

Say I trade energies, fixed interest, currencies and stock indices. How do I manage my risk? Like I might be short usd/yen and long euro/usd but I am still overall short USD vs yen and euro so I might have double the risk rather than 2 separate trades. Or if I am long the ES but short ZN and...

My apologies, I wasn't aware of your background. I heard that the really good traders at SMB make 7 figures. Regardless of your choice, good luck.

Typically if you get hired at a prop firm it is full time. If you wanna be a professional its a big commitment but it does pay off if you are able to progress into consistent profitability. Hard to get a spot as a trainee, but if you are net profitable over a decent period of time even if u...

Another good reason is if you want to improve your skills. Many experienced traders do this. Makes sense you give 20% or so of profit if in return they are able to help you increase your profit significantly. That being said most prop shops specialize intraday, some of them will also let their...

Markets trend around 15% -20% of the time. Applying a trend strategy to a rangebound market is stupid.

I should have mentioned I am interested in US treasuries, I take it the answers are similar though?

Ok.... thats your reason right there. These days, big traders will enter short above swing highs and long below swing lows to fill large orders. Or do flips. Sometimes these can lead to significant reversals, especially major swing highs and lows. So that really screws up your risk in a trend...

so pretty much you are depositing money, trading your money, and receiving all your profits? You know you can just open up your own account... why did you need a prop shop? A real prop shop trains traders and splits profit.

Ok so firstly, which of the 3 notes (5/10/30) is the most volatile? Which one leads? How would one go about spread trading these? (for spreads) Signals for entries/exits, reasons why one might think the spread will widen or narrow. I am more interested in intraday spread strategies, but any...

well I dont have any stats. Firstly I seriously doubt that 45.5% stat, over what time period? I hear much more often, 10% or 5% of traders are long term winners. I have heard 1% of retail traders from a partner at a prop firm. IMO, forex is just like any other market, I dont see any reason why...

Im not sure. maybe if you get a lot of historical data and just look through charts you will be able to get a feel for it.Have a look at volumes too maybe. If theres a buyer scooping up the stops/breakout traders you should see quite significant volume. I just a 1 min chart to pinpoint the...

I want to know what sort of numbers are possible trading your own capital. Knowing how large the biggest traders are give me an idea. These arent limits ofc, records are always broken.

Some tools you can use to refine entry are order flow (either jigsaw dom for nt/multicharts or xtrader DOM), or cumulative delta. With the DOM, you want to see the level break lower and either see people just not wanting to sell lower (participation just dies out) or have somebody buying the...

I can tell you for sure, no great man ever became great by doubting himself. These people become great by having a vision and having the courage to take persistent action and overcome all obstacles. I am assuming you said that saying in a negative way. Anyhow I wont be replying anymore, keep...

I dunno what point you are trying to make

He aint private tho. Private as in you trade only your own money.

Who are the largest private traders, and how large are their accounts? I've heard its been rumored Paul Rotter used to pull maybe $6m a month and he also did 10% of the Bund volume. Also heard about this Japanese guy called "CIS" who is worth 130m "During a decade of day trading, having...