Techanalyst to EcoTrader That isn't what his profile at the OTA says! image Chicago Mercantile Exchange Floor- facilitating institutional orderflow. i.e. just an Order taker/Filler!

Institutional Equivalent Education?

An interesting thread. I don't understand why some people flatly refuse to pay for tools and knowledge - but some/most do !

Trading fx fundamentals

It is great to stick to a strategy that works for you.- Congratulations! But please don't display your ignorance and tell others which strategies work and which ones don't without even looking at evidence or understanding the strategy! Ray is all ...

Institutional Equivalent Education?

I saw it done, then I learnt how to do it. - Simple! Whether the win Rate is 80% or 85% or 90% or 95%, depends upon the skill of the trader. But you are somebody who would see it done and then say it must be a trick - so there is no chance that you ...

Institutional Equivalent Education?

Teachanalyst said: "Also the volume on algo website you shared, it is just a good read. That is it, it can't help us traders in anyway whatsoever. It is a past volume history showing of what happened on each currency or securities. That is it. It ...

Institutional Equivalent Education?

Completely false! There are 2 institutional and 1 Retail method for trading news based upon institutional knowledge (institutions can't do it because there isn't enough liquidity for them). All 3 are net +ve. In the early days of this thread I had ...

Institutional Equivalent Education?

In some ways I like it when people disagree with me - it makes me do more research and check my 'facts'/'theories' and sometimes it educates me. - But not this time! I had a fairly long exchange with this guy in another thread about whether the ...

Institutional Equivalent Education?

There are some people that it is impossible to help. There have been many serious studies into Volume comparisons between SpotFX and Currency Futures, going back to the early years of this century. All have shown that it is highly correlated. Here ...

Steve Mauro MMM beat the market

You are wrong about Volume. You are wrong about the economy. This isn't like selling fruit off a market stall ! You are wrong about Professional Traders using just Supply and Demand, some do, but many don't even use a chart at all! Supply/Demand ...

Steve Mauro MMM beat the market

Another reasonable email from Boris Schlossbeg (of BK Forex) my comments in Blue:- *********************************************************************************************** In Trading We Sell Greed, but Fear is the True Secret This was the ...

Institutional Equivalent Education?

If anybody else is interested in what I posted above, in that url there are 2 much longer videos of some of Ray's students (including me) talking about their experiences.

Steve Mauro MMM beat the market

Did you actually watch those 2 videos I mentioned? They are only about 7 minutes long. As for live trading, Ray works for an Investment Bank, so he is not allowed to call live trades ( so we can't either compete with or 'front-run them' ). However ...

Steve Mauro MMM beat the market

There are many legit ex-institutional traders who were only Order-takers, so happy to take the bonus for beating VWAP. I don't know what Lex van Dam traded, but Anton Kreil traded stocks and is well known for saying that it was impossible to make ...

Steve Mauro MMM beat the market

The guy is only partly right, but you may well be wasting your time! Steve Mauro's Market Maker Method works for an extremely small number of traders. - Usually the ones who are already profitable and so just make some tweaks to the method they are ...

Steve Mauro MMM beat the market

The Investment Bank itself does not teach Retail traders, but one of its contracted employees does! But I think you were in my main thread - so you know that already. When I first found him, 'Ray de Medici' was working for a Prop Desk firm ...

Steve Mauro MMM beat the market

I posted this in the Sharp Edge traders' Self Help Group skype today (it refers to the link in the post above this one): Has anybody viewed the Webinar recording in the link I put up yesterday? I was kind of expecting people saying how good it is. ...

Institutional Equivalent Education?

Here is a really good webinar recording from Peter Davies (of Jigsaw trading). Incredible but I agree with 99% of what he says. The subjects are Handling 'grey area' where the market is 'vague' in between different phases and Scaling (mainly scaling ...

Institutional Equivalent Education?

A really good and provocative email from Boris Schlossberg this week. (My comments in blue):- **************************************************************************************** The Difference Between Reaction and Response is Worth Hundreds of ...

Institutional Equivalent Education?

Techanalyst, It is good that Steve Mauro style works for you. The fact that different traders need different methods/systems is something which is nearly completely overlooked. It is true that I never got a satisfactory explanation of how to work ...

Steve Mauro MMM beat the market

My views: -- forex factorians will hold on to anything even if its a sinking ship Yes, sometimes they will if they don't have enough knowledge/experience to be able to tell a losing method/system form a winning one that is just going through a bad ...

Steve Mauro MMM beat the market