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- ianf0ster replied Jun 26, 2018
Here is a follow-on document to my 'Institutional Style Trade Management for retail traders'. It is about compounding an account, however this isn't what Institutions do, because mostly they are already so big that they can't compound and still get ...
Institutional Equivalent Education?
- ianf0ster replied Jun 26, 2018
Is there a point in this post? Are you suggesting that you trade Institutional style, or that you've had institutional training?
Institutional Equivalent Education?
- ianf0ster replied Jun 25, 2018
Sam is a good trader, he taught me the ‘Sammy ‘ Oil Inventories Trade, and whenever we compare entries he always seems to have a better one than me – sometimes even better than Ray’s. I know that Sam trades multi-unit, multi-target on the Futures ...
Institutional Equivalent Education?
- ianf0ster replied Jun 25, 2018
Another point that crops up again and again amongst retail traders, even quite experienced ones. I got a comment from one of the Ray's Students Self Help group about my 'Institutional Style Trade Management for Retail Traders' doc:- ...
Institutional Equivalent Education?
- ianf0ster replied Jun 24, 2018
After I posted my 'How I trade' document for the members of my Self Help Group I had the following question from a member: ****************************************************************************************************************** Reading ...
Institutional Equivalent Education?
- ianf0ster replied Jun 24, 2018
You don't say which figures it is that you think are wrong. So i will assume that you just want to know that : Case i. is where price doesn't move 5 pips beyond our initial entry (towards our Stop Loss), so does not trigger the 2nd level units ...
Institutional Equivalent Education?
- ianf0ster replied Jun 24, 2018
No doubt some people have seen my recent conversations with MLeslie and think I am talking B*S* about risk. If so you have been badly misinformed and you should get some knowledge of probability and odds from an accademic source - not from some ...
Institutional Equivalent Education?
- ianf0ster replied Jun 24, 2018
My public version of my doc on Institutional Style Trade Management for Retail Traders. I hope I have got all the numbers right, but the main thing is the concepts. :- file
Institutional Equivalent Education?
- ianf0ster replied Jun 24, 2018
It isn't possible to trade the News and the Crude Oil Inventories the way I do now, using the admittedly high levels of risk (approx 5%) that I currently use when your account grows too large - there isn't the Liquidity that I would need in those ...
Institutional Equivalent Education?
- ianf0ster replied Jun 24, 2018
Not all Ray's students do multi-unit, multi-entry levels, Multi-Profit-take levels type trading: Some are scalpers - for which multi-entry levels is not appropriate (though Multi-Profit-Take is valid, even essential).The same applies to Wobble ...
Institutional Equivalent Education?
- ianf0ster replied Jun 23, 2018
Thanks for the warning, but I have been trading like this for 18 months so I know what I am doing. Yes my Max Risk on some trades is quite high, but so is their %win rate and expectancy. These are the Oil Inventories trades and certain News Event ...
Institutional Equivalent Education?
- ianf0ster replied Jun 23, 2018
Stop Loss discussion: While typing in some of these last few posts a discussion about Stop Losses was taking place in our Self Help Group Skype. Here are some extracts that may be of interest: H: Coming back to the SL in 6E again: I experimented ...
Institutional Equivalent Education?
- ianf0ster replied Jun 23, 2018
Hi MLeslie, You are (wrongly) interpreting what I said because of your purely retail style experience. I said that my size was 10 time bigger - so you assume that this means I am risking 10 times more than my normal max risk per trade. This is not ...
Institutional Equivalent Education?
- ianf0ster replied Jun 23, 2018
I prepared this document as part of a series I am doing for my newer Self Help Group members. But then I thought it doesn't contain anything proprietary - so I can also share it in here. file
Institutional Equivalent Education?
- ianf0ster replied Jun 23, 2018
Hi MLeslie, You misread the post I made about my winnings ( those posts were made i Ray's live room) : What I said was: A). I had a bad day on Thursday- traded 10 times bigger than I meant to, or thought. and ended that day with a loss of -13%. B). ...
Institutional Equivalent Education?
- ianf0ster replied Jun 22, 2018
A very busy week for me. I am feeling lazy so this screenshot says it all: image
Institutional Equivalent Education?
- ianf0ster replied Jun 22, 2018
The latest email from Boris, with a recommendation to view a film (my comments in blue): *********************************************************************************************** Never Drink at a Vegas Table by Boris Schlossberg Molly’s Game ...
Institutional Equivalent Education?
- ianf0ster replied Jun 21, 2018
Hi Endykone, What is most difficult or what is easiest will vary from trader to trader. For example I picked up his Over/Under -cooked news trading straight away and have used it ever since, but although about 6 other people from that early class ...
Institutional Equivalent Education?
- ianf0ster replied Jun 21, 2018
Although I'm a news trader, I still don't have the nerve to trade pre-news like Ray does. I made + 2.05% trading the G/U on the BOE decision on the release. Had I followed Ray's suggestion I would have made much more because I would have been ...
Institutional Equivalent Education?
- ianf0ster replied Jun 21, 2018
What a beautiful EIA Crude Oil Inventories. I didn't beat my all time record % profit on it, which was set back in 2015, but I did a lot better than for over a year, with a profit of +10.6% on the account. If I hadn't had an internet glitch ...
Institutional Equivalent Education?