If the most "optimized" A.I.s and algos suck, do you really think this whole random thing will work? This is silly.

Random entries - Let's take it to the extreme

Yes, it's all about details. It reveals a lot. And i know exactly what to look for.

Share your trading screens

My basic screens:

Share your trading screens

RN = round numbers. EUWAX (Stuttgart exchange) or Scoach (Frankfurt exchange). They are the biggest derivatives exchanges (exotic & vanilla) for retailers. Trading directly with all major Banks/MMs via OTC is possible, too. Institutions however ...

What increased your probabilities as a trader?

Since volume in exotic K.O.s is almost twice as much as vanillas, that's them. Usually for RN and (1/4 increments for lesser volatile fx pairs).

What increased your probabilities as a trader?

- watching the whole fx market: at any time looking at the entire fx market (also with % changes) - discretionary probability adjudication on MMs and Banks action: understanding sessions, derivatives, price-levels & and their connection - trading ...

What increased your probabilities as a trader?

Instantly, constantly seeing & understanding what's REALLY going on in the fx most of the time - much much earlier than the competition. No mumbo jumbo BS indicators.

What increased your probabilities as a trader?

I have traded all kind of options, vanilla and exotics. It's just a matter of leverage and (time decay). You constantly have to watch over them, also the new ones if the others expire or have been knocked out. With fx otc you can accomplish the same ...

Options vs Forex

Ppl still falling for such scums/scams? Unbelievably stupid.

Higher leverage can make trading LESS risky

I do not trade for the thrill. The market itself is "interesting". The whole purpose is to make money, and only money. I trade the FX market only, for several reasons and there are enough opportunities every day. (other markets, yes, been there, ...

has anyone EVER seen a successful trader/trading system?

There is no perfect market maker or Black-Box (A.I.). The whole system is at war, the route of money changes every day and there are "blind spots" everywhere. Find them. Exploit them. Make money.

has anyone EVER seen a successful trader/trading system?

Trading is fu**ing boring if you know how to do it. And then it becomes a patience game, even though there are plenty of good opportunities every day. It's basically exploiting the whole market/system vulnerabilities by seeing first what's going on, ...

has anyone EVER seen a successful trader/trading system?

has anyone EVER seen a successful trader/trading system? Yes, mine. 3 key major components that made a massive and positive impact on my system & trading: - watching the whole fx market: at any time looking at the entire fx market (also with % ...

has anyone EVER seen a successful trader/trading system?

Backtesting is important and to go through several 10.000 hours of filtering the market. Much more important (and the real key) is to find a pattern that really works and occurs very often, and which is caused only by MMs & Banks. That's the thing ...

How much backtesting is enough?

I just wanted to add maybe it's better to trade Knock-Out Options (expiration: open end) if you're aiming for some major macro events. In the worst case scenario you can only lose your initial capital, that's it. There is only one bank (Morgan ...

Macro themes idea generation

If you get it right (find any kind of asset class linked to your hypothesis) to squeeze the money out, it's always great. I for my part have discovered/developed much more profitable ways that don't require necessarily macro inputs. And i'm not ...

Macro themes idea generation

Yes, they do exist but he's not one of them. You were probably one of Phils victims.

All about Hedging in Forex

The only way he made money was by ripping off his "students". No millions/Gold were ever been seen. Poor guys.

All about Hedging in Forex

IMO a nice vid but i wouldn't trust any word that he is saying, he has too much skin in that game. Often the math is correct, but then the exact opposite happens and your money is gone. To play macro-events you have to have a very long breath, ...

Macro themes idea generation

I was not talking about hedging with the same broker. And the times are over where you could earn some easy money by doing this.

All about Hedging in Forex