Very true Steve - too easy to over leverage with only a 100k account. If you look at many of the risk profiles of currency hedge funds they will allocate about 20 basis points of risk per trade (0.2%) which is a whole lot more meangingful with 7 ...

Steviet's Live Trades!

Hey Steve For sure you will be back. The worst loss I ever experienced was about $300k when trading client funds and whilst at the time it felt like the world had ended it turned out to be the greatest (and most expensive!) learning experience ever. ...

Steviet's Live Trades!

Here is a link that gives a simple explanation: url

Measuring Trading Performance

You can go quite technical with measuring performance ie sharpe ratio, sortino ratio, R ratio etc etc But here are 2 important ones that are key especially - 1. Peak to trough drawdown. I was in a meeting recently with someone who markets various ...

Measuring Trading Performance

Oil is a dangerous instrument to trade if you don't know what you are doing. Today for example there was a couple of occasions where oil dropped by $1 in the space of a minute or two. If you are trading oil on a short term strategy I would suggest ...

How to avoid stopp loss...anyone doing that?

Prop Desks — I have worked on prop desks before so I can give you a little insight. In London for example there are many prop desks - most of these sprung up after the Liffe floor was closed. There are 'prop shops' in other countries also. I ...

Prop desks...anyone with experience?

If you are trading live most would say to not put more than 2% of your equity at risk meaning that if you are trading EUR/USD and you are going long at 1.4500 with a stop loss at 1.4450 (50 pips) you would then do a simple calculation so that the 50 ...

The percentage of margin in trading?

If interest rates are 5% and a bond is paying for example 7% then the bond is very attractive to the investor. However if interest rates increase to 8% then the 7% no longer looks good. So to adjust for this the price of the bond falls which makes ...

Bonds and how they influence Forex.

Price movement in the bond markets are linked with interest rates. When interest rates rise bond price falls and when interest rates go down bond prices go higher. The relationship between bond prices and yield is an inverse relationship. What does ...

Bonds and how they influence Forex.

I believe at present they have one participating bank which is a small swiss bank called BCP www.bcp-bank.com My understanding is that the account size has to be a minimum of $500k.

A Swiss broker - Your money can be safe.

Firstly everyone makes mistakes in trading - don't worry about it. My suggestion is don't compound your mistakes by trying to recover your loss today. Each trade you make is a unique moment - draw a line under today and wake up tomorrow to fight ...

What To buy Tonight?

Yes you could approach JP Morgan but you would need a good size account. Not sure how much is the minimum requirement with JP Morgan but with Barclays Capital it is $1m.

JP Morgan/Chase

Yes - a good charting package will allow you to do a variety of time frames.

10 min chart

Attached is an article about the TD Sequential that should answer your questions.

TD Sequential Questions

The book I would recommend is not specifically about Forex but it is called Trading in the Zone by Mark Douglas. I think every trader should have this book.

Book about Forex trading

Thats a powerful enough reason to stay in college in itself!

How to be a trader for a company?

In my opinion the best place to find Demark indicators is on CQG but it is not cheap. Here is my answers to your questions: 1. Regarding SL and TP - On CQG when a 13 appears a SL point is automatically calculated and placed on the chart. There are ...

DeMark Indicators (ADVANCED)

You have every chance of getting into the world of professional trading. My advice though would be to not limit yourself to forex. As you are graduating from Standford I think you would have a chance of getting into a graduate position in a front ...

Getting a professional Forex trading job

FXAll have recently come out with a new ECN called Accelor that doesn't take millions to trade on it but from talking to one broker who provides access to it the liquidity is not as good as Currenex and that the bid/ask quotes are much tighter on ...

EBS or FXALL