You can just click on 'reply' instead and you won't get the quote business in your post. regards daytrading

After you are profitable - Now what?

I'll make it short: 1. The firm has no outside investors - only own capital. What you bring in (if you do as a self financed trader is safe). 2. Only a very small amount of traders have the luxury of trading remotely, i.e. no desk fees. The others ...

After you are profitable - Now what?

Last post on the topic since I am busy. Have you ever watched Dragons Den? 50% of something is better than 100% of nothing - or worse, 100% of the losses. If you are a profitable trader, they have every interest in adding their capital to your own - ...

After you are profitable - Now what?

You misunderstood what I said: If you're self-backed, you keep everything you make - your costs are the desk and clearing fees (I don't have desk fees since I work from home as a remote trader...I only pay clearing fees/commissions). If you are ...

After you are profitable - Now what?

No. It's the good old-fashioned way: you're allowed to lose X dollars per day; how you do it (or better how you avoid to lose) is up to you. regards daytrading

After you are profitable - Now what?

Ok, here is how I see it after 22 years dealing with it in one way or another: To figure which houses are decent, you find out WHO set them up, why and when (our place was one of the first after the collapse of the open outcry market at the LIFFE ...

After you are profitable - Now what?

We're in the UK, Asia and US. You're entitled to keep 90% of your profits if your acc. size is £1m and over. As a self-backed trader, you can trade what you like when you like and the size you like. If you are backed, you can still trade what you ...

After you are profitable - Now what?

Not true. I work in a prop firm as a remote trader and we trade spot quite large. What you have been 'told' might be true for the person you spoke to but its a coarse generalization and could not be further from the truth. It strongly depends on ...

After you are profitable - Now what?

Thanks divers, I don't doubt what you say....I expected what you have told me in terms of some automation....that usually creates such equity curves. regards daytrading

Do you still believe in the perfect trading system?

Smooth curve... so you used 100 trades to increase your balance by 18.44% - that is an average gain per trade of 0.1844% (or approx $9). what is your average loss size? regards daytrading

Do you still believe in the perfect trading system?

Thanks, Guys - I have checked both and they are GMT + or 5 decimals which is not what I want....but found another one called MW Direct in the UK with the correct times. Thanks for you help either way. regards daytrading

MT4 Broker with GMT times

It starts at midnight GMT (if you want to change that, there is a manual input option for the start time)

% - movement indicator

Excellent work Forexflash - much appreciated. regards daytrading

% - movement indicator

glad I could help

% - movement indicator

you hav it in the wrong place. save the indicator from this thread on your computer close your MT4 platform. go into program files and double click on your MT4 program, click on experts and then click on indicators. finally, drag the indicator file ...

% - movement indicator

You attach it to your MT4 chart window.

% - movement indicator

THATWASME, If you are around and have time: could you have a look whether there is a way to have multiple of your indicators on an open chart? I want for example to display at the same time the daily % change, underneath the weekly % change and ...

% - movement indicator

...there is a time for everything. There is a time for being in the market and for staying out. possibly the closest thing to 'the grail' is to know the time for both. regards daytrading P.S. if you ask 10 different successful traders, you will most ...

Do you still believe in the perfect trading system?

One of my favourite books - read some of his other stuff as well (The Devil and Miss Prym, the Valkyries). Good for anyone who is on a quest to find that special something everyone is looking for.... regards daytrading

Do you still believe in the perfect trading system?