it's a variable answer, as money is spread across various brokers due to insurance - as only covered up to 250k. spread and fills should never be an issue if you know how to trade and aren't trading an obscure currency that will just end up being ...

Anyone trade $1m+ in funds?

brijon part deux

Wholesale Grocery

it's always a good discussion, and i find it has a lot to do with the psych makeup of the trader. There are multiple ways to control risk and it doesn't have to occur with a hard-stop. In fact...most of the issues I find unsuccessful traders have is ...

Some thoughts about stoplosses and capital growth

the market is not random. as a hint...the best traders I've ever met did a lot of self-study in the psych field...like cognitive etc. You'd be surprised at what you can anticipate for the wants and needs of other market participants.

Pro Traders in a Random Market

You always try to improve upon what you have as there is no perfection, like in many fields. Also...always trying to work on discipline. As soon as discipline gets lazy, you find yourself losing. I ironically just watched a documentary called 'Jiro ...

What are the pro traders doing to get better?

when talking high timeframes, it is more based on the psychological perception of how traders think of where price is. For example...there wont be pending orders that have been sitting at a level for 5 years just waiting to get filled. There will be ...

Is S/R important over a long period of time or irrelevant?

Any broker with futures and decent comm rate is a better option for scalping. Unless you like playing spread games...then u.s. equities is a better option. You'll be hard pressed to find good scalping brokers in forex unless you trade decent size, ...

Best broker for scalpers?

Cut off the asian session. You then have your gaps and still strong price levels that actually matter. I have been doing this via futures a long time...though you would have to start from the euro open in currencies as it is very relevant.

Trade the Gaps... oh You Idiots

why everyday? why not every hour? every 5min? every 1min? etc why do you enter? these are questions you need to answer. i have some serious scalper friends who do this on equities and futures...avg about 300 rt's a day. it can be done...but you need ...

i want only 1 pip everyday

Personally I would suggest not using your broker(s) data feed, and paying for a secondary source; in case of platform failure, etc. Personally I run Sierrachart platform (which has a few free forex data sources built in) and also hook-it-into my IB ...

Broker(s) With Tick Charts

Regarding your first statement... The big boys are on both sides of your trade at all times. Even the majority of them don't profit, and rely solely on their 3% (or whatever the commission cut is). It is a common misconception that big money = smart ...

Waste time and money decyphering a market on its closing price

Yes...asian session is often low on the volatility in forex as well as the globex futures sessions. I dont personally trade them, but I know some who love to. Often you will see with-the-trend s/r bend but not break during the asian session, playing ...

Any Australian or Asian session scalpers around?

I try to keep an open mind. I've been a profitable trader as a profession for years now, so a lot of little things become apparent after 100k hours of screentime. I'm a bit confused by your post...your first assumption is wrong. The 2nd point you ...

Pitbull Trader with Position Building

seems to be grossly overleveraging for triple swap days, and going double-down on the other side of losing trades. Correct me if I'm wrong, but this is why I talked poorly of this thread prior.

Pitbull Trader with Position Building

finviz does for equities, not sure about futures/forex

Does anyone know a website which does technical analysis for you?

I would say nothing. Too many phantom orders - like hit:withdraw:withdraw, etc... Orders come and go within milliseconds at the bid/ask, and is not logical for the human eye. If you want to get into tape reading...I would say that is mostly out of ...

What could I learn by looking at Bid And Ask?

mt4 is crappy software and you wont find serious brokers using it. it sounds like you need that ms for a serious grey or black box of some sort. best to do a fix api and host in the general region, despite what your friends say. There are various ...

Anyone knows ecn broker with less than 300ms execution time?

Didn't assume anything about people's 'wants.' Simply stated that it can be done if actively in front of the screen. Trying to answer some questions in the thread.

Real Fx traders do not use stoploss

you don't need a fixed stop if you meet all the below criteria: 1. experienced 2. disciplined 3. can mentally adjust to current market conditions Most people cant fathom closing out a losing trade with their own hand, thus rely on an ...

Real Fx traders do not use stoploss

That is their choice. More than 1 post showing the method flaws isn't needed. Most of you look just as bad as the inebriated guy on the videos. A tool is a tool, regardless of who is right.

Pitbull Trader with Position Building