That's actually pretty good advice. There's a paradox with extreme moves, they look the riskiest to take (against them) but the risk is often small, or at least a lot smaller than one would think. Caution against taking them in a clearly flowing ...

What is the most important piece of advice you've received?

I'm not saying there's an evil plan, nevertheless, brokers who offer bonuses are after attracting a certain type of client. Brokers who don't offer signup bonuses are also after attracting a certain type of client. Both are good business models, ...

Interactive Brokers - experiences and opinions

Because no proper broker offers bonuses, only the bucket shops. It's a great litmus test, if you're interested in a broker and it offers bonuses, you're probably being setup (somehow).

Interactive Brokers - experiences and opinions

Just started reading "Wall Street and the Wilds" by AW Dimock, written in 1915. Dimock was a big market maker in the Gold pit and hardly a chapter goes by without talking about MANIPULATION. He was doing it, others were doing it, almost everyone was ...

The Big secret to trading success

You mean like this Cat (getting caught against the trend in force) url

The Big secret to trading success

I said I was there to be corrected and I was! Interesting that they would allow clients to do this.

Interactive Brokers - experiences and opinions

Great summary of what's going on.

The Big secret to trading success

I would think IB has a pretty big and well funded Compliance department and the last thing a Compliance officer likes is hassle when it can be easily avoided. So if they offer 3rd party payments you can bet it's Ok re the Regulations. My ...

Interactive Brokers - experiences and opinions

So get on the side of the riggers. As I said in a previous post the riggers still need movement to make their money, work out their game, get on that subsequent movement and you can profit from their rigging

The Big secret to trading success

Are markets rigged? Not really, they're too big to rig unless one can control the physical side (think commodities). But even then the riggers can and often fail. Anyway, assume they are rigged, the boys still need movement to make money so why not ...

The Big secret to trading success

Dash, there's pure Gold in message boards, whatever subject you choose, whether one is interested in gardening, trading or DIY. But like Gold in the ground, it's not everywhere. In a modern Gold mine there's something like 1 gram of Gold per tonne ...

The Big secret to trading success

Nice one, we'll check it out, you're being a good sport.

The Big secret to trading success

Thanks for making me laugh with that one Nala. Why not prove one of these specific tick perfect points to us, name a cross, name the time period and state the specific tick level ahead of time.

The Big secret to trading success

And Sleep Cat, sleep is an edge in my book. Can't remember the last time I didn't get 8 hours. The downside to getting 8 hours is you've got to be in bed early, like 9pm because in the UK it's a 6.30am start. And you're 100% right, you've got to ...

The Big secret to trading success

Bread and butter tactic of the boys. One can build a good trading strategy on just these moves (1m/5m chart) and only work for 2-3 hours a day. Doesn't always work of course but then nothing works all the time in this game.

The Big secret to trading success

Qwert, can't help you there because I don't know. As I said I use Button Trader so I can manage each trade independently regardless of what happens behind the scenes with the IB statement. For example I can go long EUR-USD and then open a short ...

Interactive Brokers - experiences and opinions

One of the main problems with trend trading is how and when to take profits. Another problem to note is trend entropy. How and when to take profits is a question that probably has no real answer so the best we can do is have some sort of plan where ...

The Big secret to trading success

Give them a shot Qwert I think you'll like them. If you're short term trading get a demo of both Button Trader and Bracket Trader. Button Trader is the more expensive and it takes time to learn but it's so slick in putting orders in and working ...

Interactive Brokers - experiences and opinions