EURGBP — I actually did not get the short at 6718 but got it at 6714 and now closed just over half the posi at 6698 - some good pips made there stops at 6758 and 6738 so for a long term position I should now be OK will add to it again should i ...

How to be a trader for a company?

Mantra — One thing I specifically remember is having a mantra I repeated to myself before each meal each day... I am a professional trader. My job is to take risk. I am able to honour my stoplosses because I am a professional trader. It is my ...

How to be a trader for a company?

What I read — Sorry, just had to quickly comment on what I find interesting in terms of fundamentals. This came out today on UK spending. Reading this I ask myself what is the significance of the "average worker"... Finance Over 2m in UK ...

How to be a trader for a company?

Jab at TA — Hehehe SeekingLight I will probably always give a jab if I can, but for greater clarity the Jab could also be written as: A fundamental trader seeing a number come out trading in the direction the market should move on the news and ...

How to be a trader for a company?

Resources — Trader31, Maybe these will be a good start then google things you are interested in... url url Hope this helps I think that most people do not get born/brought up with the correct mindset to be good parents. I think one of the ...

How to be a trader for a company?

Times, — Seekinglight, I was thinking that for you to be where you are in your trading took you probably just as long as it took me in my trading, you using technicals truely becoming a master of the "dark" art hehe. The point is that it took ...

How to be a trader for a company?

NO EDIT — Decided not to edit my previous post the chart I am refering to is #122. Page 9 if you use the standard FF page format. And it is actually the "third" protrusion I have written about...

How to be a trader for a company?

Luqmanz - Trendlines — Trendlines are probably the TA tool I have seen most in my life. They have that weird ability to so accurately show you what has happened but so difficult to trust when it is actually on the hard right edge of the chart. ...

How to be a trader for a company?

If I am interpreting your equity curve correctly it looks like after the first time you hit the 190,000 level you don't make any significant high until right at the end of your EC? So for the last about 3 years the nett made on your equity curve was ...

Two-Stroke System (Mechanical Price Action +300 pips per month)

JJrVAT — You are correct you either need capital or you need time to build a small account into a large account, either way, it boils down to having capital. Starting with a small account already kills you as you are under immense stress and ...

How to be a trader for a company?

SeekingLight — No problem matey, opinions are just that and I respect yours. If you know 2 or 3 and there is 28,000 members here is that a success ratio of 0.0001%? Not being confrontational just pointing out the relative success ratios ...

How to be a trader for a company?

1. Yes, you have a funding-account from which your position get funded so you pay rollover 2. Not really any volume information, but the big big banks who have many clients obviously know their own volumes and that helps. I have never used volume ...

How to be a trader for a company?

Noobish — Luqmanz, Yes, definately noobish from his side but he was blinded by the technicals and couldn't believe it won't work out again - he was under the impression that he found a "sure-thing" -if he could just stick it out. Basically he ...

How to be a trader for a company?

FrankS — FrankS, You are right its much easier just reading the charts than developing your own feel for what they mean by spending time in understanding why the market is moving the way it is. But then again "reading" the charts is not so ...

How to be a trader for a company?

Blow-up — When I was still in Risk Management we had to appoint a trader to the IRS desk. We decided on a Russian candidate but he would only come if his trading buddy came with so we made them a deal and they started. Now these two guys had ...

How to be a trader for a company?

Gut-feel — It is a difficult question to explain how to develop a gut-feel. The way it has worked for me is to read read read about economics of a specific currency and see how new data cause the market to re-act. From this you will get a feel ...

How to be a trader for a company?

Brokers — Adding to my post above... When I started trading I felt that the broker knows my position and is keeping the market just out of reach of my orders so I can't get closed for a profit, while they run on to my stops at speed and close ...

How to be a trader for a company?

Example — No I did not trade for an asian based bank but one of my brokers was asian based... A current example of a gut-feel trade might be on the EURGBP. I believe that the EUR will weaken against the USD before the GBP weakens against the ...

How to be a trader for a company?

Hans123 — Just googled hans123 mentioned in another thread. This is another example of an intraday system trying to capture the daily trend. Not a bad system at all, not backtested enough, if it was it would have been seen that you MUST expect ...

How to be a trader for a company?

Detonator, I am sorry all full... Luqmanz, yes there are many who do this, The problem is that you grow your position over time and sooner or later your position is so huge and you are managing it so tightly (due to the size) that a lot of them lose ...

How to be a trader for a company?