Couldn't stay away huh

What is your edge?

Yeah me too, but I never seem to get the time to read it all! Have a look at a little program called Keytext, I find it really useful not just for the macros but for copying and saving text automatically to different tabs, it's most useful feature!

32 Rules for Traders

Not sure I agree with 10 to 14, and 19 and 23 are a bit contradictory, but apart from that yeah great! Any reference to the original author?

32 Rules for Traders

Hi, welcome! Absolutely, there's nothing to beat practical experience and 'street-smarts'. It's a bit of a catch-22 though if you can't get a job to gain experience and you can't gain experience without getting a job! Debatable, some people advocate ...

What kind of person can trade?

Like everyone else they can only speculate as to where the flow is, they don't have the luxury of seeing the marketmakers book, it's not information that is shared. Kinda the nature of the game really!

Why are most retail traders usually on the wrong side of the market?

Ain't that the truth!

Why are most retail traders usually on the wrong side of the market?

Well now you come to mention it....... Maybe they could operate some sort of star award system like McD's do, the more stars you've got says a lot about you!

Why are most retail traders usually on the wrong side of the market?

Well they're a marketmaker with a significant share of the retail forex marketmaking business but those numbers only reflect their clients positions, it's not representative of the retail market as a whole. At a guess I would say it's about as ...

Why are most retail traders usually on the wrong side of the market?

You make it sound like a competition!

Why are most retail traders usually on the wrong side of the market?

I don't need to have worked in a bank, it's the logistics of marketmaking and aggregating clients positions, I shouldn't think the residue is very much in the scheme of things. For banks to actively try and guess retail traders positions and then ...

Why are most retail traders usually on the wrong side of the market?

That's just based on Oanda client's positions though isn't it triphop? I think a few brokers publish the same stats, it might be interesting to compare!

Why are most retail traders usually on the wrong side of the market?

lol, tranny, right?

What kind of person can trade?

Seriously? Some of the most successful and profitable traders I know are brash, arrogant sob's with enormous egos! Being a humble meek'n'mild wallflower doesn't exactly go with the territory!

What kind of person can trade?

I doubt the vast majority of the alleged 95% losing retail traders trading volume goes anywhere other than to provide in-house liquidity for the marketmakers, banks aren't going to be bothered chasing the chump change residue!

Why are most retail traders usually on the wrong side of the market?

Even a stopped clock is right twice a day, how hard can it be? I think there's sufficient fundamental and market sentiment information available, and fairly obvious chart patterns on a chart, to make an educated guess about where price might go. ...

Why are most retail traders usually on the wrong side of the market?

If it was insulated and limited to speculators, perhaps.....but it's not.

Why are most retail traders usually on the wrong side of the market?

I'm not sure trading is all about being 'right' or 'wrong', 'informed' or 'uninformed', maybe that's why an alleged 95% fail in their endeavours, they spend all their time and energy searching for the illusive predictive indicator or system! I think ...

Why are most retail traders usually on the wrong side of the market?

lol, I just read it again too, I can see how it could have sounded like I was saying that IB were doing something not quite on the level! I wonder how good that SiPC protection is, can't say I've ever read/heard of anyone putting it to the test.

Client fund safety? Broker going out of business

I made a reasonable comment to your idea that "it really doesn't matter if you have a $100K account or a $10K account because of leverage", is that what you really think? Can you explain? I thought you knew a little bit more about trading but what ...

Beyond systems and psychology

Did it ever cross yours that I don't care how you trade, why would I? Huh? Anyway, no need to pretend I'm going to read it, it doesn't interest me so it would be pointless reading it really!

Beyond systems and psychology