Got it, I was thinking more about exposure to a single asset - so obviously if you were long eurusd and long usdjpy you've created a synthetic long eurjpy but it gets trickier with correlated but not the same currencies - do you map out correlations ...

How many trades do you take every month?

that's impressive. is that automated or manual? If it's across multiple pairs, how do you handle overall exposure?

How many trades do you take every month?

9 months and no answer, blimey. It's because account size = DD and you're currently treating the account as if the DD is always trailing which is shouldn't be, because in fact you're risking proportionately less and less in the first example, but ...

Forex Prop firm vs Personal High Leveraged Account

SORRY dude. you can tell I don't trade it. USDZAR not ZARUSD. so long as you don't exceed $1-$3m at a time notional you're fine and if over split it across time.

Trading large lot quantities into lower volume pairs

It's sad but AI has probably called time on all free and open chat. Two posts above, both clearly screaming GPT. Seemingly useful but ultimately garbage. the real answer to the questions is it depends - quantifiable, easy to program stuff is kept ...

why do people share profitable systems?

Q: How do you make a happy trader unhappy about their $1m bonus? A: Tell him the girl next to him made $2m. Same in the markets. Nothing changes.

Can you tell when the currency is overbought or oversold?

Stick with it. I found the same kind of torture to start with, but 2 weeks solid on Chat 4 (not Phind, I changed my mind) and once the quality of your prompts improve and you learn the coding basics (even if you weren't intending to), you'll be able ...

MT4/MT5 and ChatGPT - Leveraging on AI Opportunities

Honma? So they'd have you believe, sure. Re CP, I don't personally trade off tick charts or generic OHLCs so I couldn't say - also I didn't say there wasn't an edge inside of what he's described, only that alone is simple trade logic that's a doddle ...

Questions for real pros: How to trade with reference points only?

Hi Anticre, you will go crackers unless you start spending time separating things out. From what I can see, you're simply looking for an edge across MTF but you're wasting time in not understanding what it is you're specifically looking for or ...

Questions for real pros: How to trade with reference points only?

I've automated shed loads using chatgpt in the past few weeks of things that were too tricky to farm out because it needed iterative development. having tried out the four main ones (3.5, 4, phind and bard) I initially thought Phind was best because ...

Chat GPT generated code not working in the backtester

the wholesale price isn't top secret, reuters or BB will do. compare it to your quote then arb the difference if you think there is any. But there won't be - that ship sailed long time ago. the reason almost everyone fucks it up is primarily because ...

Behind the curtain

GPT 3.5 :As a trader on a trading forum, I strongly believe that using AI to write posts on these platforms has several significant disadvantages. One of the biggest drawbacks is the lack of personal touch and authenticity that AI-generated content ...

Benefits of using risk management

It's not as straightforward as you might think - the more the contributors - which is what you pay for - the higher the noise, the more the number of rogue ticks. The A0 composite feed used by esignal and ninja is an abomination and makes Metaquotes ...

(binned per thread starter’s request) The Black Pearl

Totally. Of the four big ones, I found Phind > chat GPT 4 > GPT 3.x > Bard ... but it's no substitute for a good programmer. not yet anyway. as for creating logic of alpha strategies I'd be surprised because think of what it's been fed on - garbage ...

MT4/MT5 and ChatGPT - Leveraging on AI Opportunities

awesome work Joyny. The end is getting closer …

AI talking

indeed… Peter what’s your take on the global shit-show right now from a macro (and not trading) perspective?

Objective Thinking And Trading

Yeah looks like the gits have turned into a paid service, price on application; it'll be punchy I bet. used to be on eikon zenith so it was a steal but recently they revoked it.

Where could I get FX exotic options data?

Platform tech FFS (I know that wasn't you) Vanilla on CME is tiny fraction of the market, not worth the bother - DTCC data is what you need. you're right about dealing desks but any bank based in US has to report options to the DTCC which includes ...

Where could I get FX exotic options data?

Epic post Cashbox. I did it too in the early years, never mentioned it to anyone. It's almost a guarantee that anything any of us earn in the first few years of trading, especially if it's outsized returns, we'll not only give back to the market but ...

What was your lowest point?

congrats fella— a turning point to be celebrated

A jump to the beginning - chaos and market forces