john arnold comes to mind. im sure there are a lot more. edit: john key. i remember seeing him in a documentary. his superior spoke highly of his innate abilitys in "feeling" the market. oh and dont forget steve cohen, lol.

Gifted Traders?

Hmm. I stopped using it some time ago, but the most memorable was that most pending orders were still displayed as "active" on my screen after I deleted them from my orderbook (confusing as hell). Also, JForex constantly refused to work after a ...

Dukascopy

The odds against George Soros obtaining his investment record are ~478 million to 1. Can we let this thread die now plz.

Long term Profits within Negative Expectancy

They are pretty much the same, except JForex displays open positions in a window at the bottom of the screen (just like MT4) whereas the standard Java application consists of two seperate "windows" - the position manager & the charting application - ...

Dukascopy

lol, he´s right though. i posted this for laughs. the presenter is a known scammer and supposedly went to jail over this stuff. "HUNDDAAD PERCENT AKKURACY TRADING"

Youtube trading videos

Check this guy out video

Youtube trading videos

10.000 hours is ridiculous. If you studied the markets 2 hours a day that would amount to 13 years.

Is forex becoming less popular?

Yes, I am aware of that. In the meantime I´m still curious about how you would trade "order flow" without the help of an order book. Drop some knowledge when you find the time.

What is order flow trading?

Anyway, to answer OP´s question, here is a link to a thread on another board, where a prop trader shares some of the strategies he uses to read and trade the markets. He doesn´t give away much but it´s something and you will get some insight into ...

What is order flow trading?

Depends, since to my knowledge your mentor is an amateur (meaning, he has no relevant professional background in finance), and any type of educational material being sold by an outsider should imo be regarded as highly suspicious to begin with. ...

What is order flow trading?

Well, you have just taken the marketer´s standpoint, which is fine, if you are satisfied with his product and it makes money for you. Outside of this forum I have never heard anyone use the word "orderflow" in this context though; only in connection ...

What is order flow trading?

To my knowledge, trading order flow is indeed reading & interpreting the DOM+TOS correctly and nothing else. And this is why imo it has no place in retail Forex.

What is order flow trading?

Once again: Retail daytraders are ~99.7% losers, so I wouldn´t bother and find something more worthwhile to do with my time. Try swing/position trading.

How difficult is it to find an effective daytrading method?

ok,spit it out - what´s wrong with h4 in your opinion?

Why are most of the traders here failures?

Someone once said that getting out at BE was like not getting paid for a job done. Sounds about right.

Hard stop: Breakeven or trailing stop?

What most people on this board overlook when they sneer at underperforming Hedge Funds, is, that most founders have a good chunk (if not all) of their own money invested in their fund. So naturally they will play it more conservative than the ...

Ramblings of a Forex Junkie

Yes, implying that all trades weren´t messed around with after they were put on, which is highly unlikely. But you can not come to this conclusion solely from the fact that losing traders have a 50% hitrate, since it only means that 50% of all ...

What is your win rate and risk reward ratio?

??? You don´t know the R:R these traders are using. Maybe they achieve mentioned 50% hit rate with a high R:R? So, if they would apply 1:1, their hit rate would increase and they would still be profitable. I don´t understand how you can derive an ...

What is your win rate and risk reward ratio?

OK, but why would it be easier for someone with a 1:3 RR to impove his hit rate significantly compared to someone who uses 1:1? What I mean is, there is a reason why people with high R:Rs have lower hit rates. These trades are just harder to pull ...

What is your win rate and risk reward ratio?

Yeah, well, that´s kind of the point of having a 1:1 RR. I don´t understand the logic behind this. Maybe you´re right. I have no clue, really.

What is your win rate and risk reward ratio?