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Monroe replied Sep 27, 2010So then isn't life a bit of a gamble.... Fact of the matter, if you are successful and profitable at trading for long enough time, you know what you're doing, it cannot be a fluke. therefor, you are not gambling in what we all mean when we think ...
Stop fooling yourself; There is no system
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Monroe replied Sep 27, 2010Hey Atlas, That would depend on various things, but you would be looking to be with tier 2 PB's or if you had 500k+, and you can get the line of credit, you would obviously want to be with a prime broker I'm sure. Hopefully FlashCall can step in ...
Best ECN
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Monroe replied Sep 26, 2010sorry dude, but that guy seems to do his fair share of hallucinogens. and when he gets words and ideas completely twisted and makes up stories, it calls for a smacking.
No more BS - What have you learned?
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Monroe replied Sep 26, 2010What the hell are you talking about guy, actually what kind of shit are you smoking is a better question. lecture on what? you got the wrong guy. I was on a thread debating you gamblers complaining about rights and the need for 200:1 leverage. I was ...
No more BS - What have you learned?
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Monroe replied Sep 25, 2010LOL!!! In all seriousness, you're retarded and have no idea what your talking about. The perfect client for these brokers. I don't know when I claimed to take out everyone's stops you stupid bastard, but you have shit seriously twisted fool. I said ...
No more BS - What have you learned?
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Monroe replied Sep 25, 2010yes the traderunner charactor is not the brightest crayon in the box, to say the least. no reason to argue with the guy. let him whine about how his rights to over leverage and gamble in a market he doesn't understand are being taken away. great ...
No more BS - What have you learned?
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Monroe replied Sep 25, 2010fxopen and dukascopy are brokers... what are there ECN's? What ECN do you get with LCG? That is the difference. You're getting an institutional ECN (fxtrades CNX), that's true CNX, with liquidity from something like 13 banks, and they tell you ...
Best ECN
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Monroe replied Sep 24, 2010lol.... ok buddy.... it's not like you have 25-50k to start an institutional account with anyway and if you did, I'm sure it's gone by now. before you start trading and especially making dumb comments on the broker section, you should do your ...
Best ECN
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Monroe replied Sep 23, 2010level 2 and time and sales are like the main thing man, you can get a lot from this. Anyone I have ever seen trading stocks intraday and making money, this was what they were looking at majority of the time, and the only thing they were looking at ...
No more BS - What have you learned?
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Monroe replied Sep 23, 2010Yes, I think with intraday trading you need to maintain 25K for stocks (doing multiple trades thoughout the day) There are some very volatile stocks with large volume and plenty are great for trading intraday, plus you have level 2 and time and ...
No more BS - What have you learned?
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Monroe replied Sep 23, 2010the only algo I've ever heard of that worked was not using any form of TA, charts, patterns or math, and furthermore, they advised the sooner you get away from stuff the better off you are. They were also running on futures and stocks and not FX. ...
No more BS - What have you learned?
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Monroe replied Sep 23, 2010an inside bar is a bar that forms and closes (highs and lows are within) the previous bar(s).
Help with Peter Crowns posts
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Monroe replied Sep 23, 2010deltron 3030 was a good album.... video video
What kind of music you hear while you trade?
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Monroe replied Sep 22, 2010I guess they could make you hold a trade open for a minimum amount of time, though I have never used a broker that did this, nor would I ever use one that does. Why would they deny a scalper unless they are a true bucketshop... any legit MM would ...
Scalping definition question
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Monroe replied Sep 22, 2010first step I guess would be to unlearn what you have learned so far, or just keep slingin' shit to make money... whatever you want.
No more BS - What have you learned?
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Monroe replied Sep 22, 2010Scalping: 1. a fraudulent form of market manipulation. (I think this is how "the wolf of wallstreet" made a boatload of money, which he eventually went to prison for) 2. a legitimate method of arbitrage of small price gaps created by the bid-ask ...
Scalping definition question
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Monroe replied Sep 21, 2010at least it's +6 profit.. I am very pissed that I missed the FOMC today...
No more BS - What have you learned?
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Monroe replied Sep 21, 2010GU is gonna tank bro... hope you got out of that one at BE atleast
No more BS - What have you learned?
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Monroe replied Sep 21, 2010In retail, I think it has to be discretionary to the point where you cannot make it an EA. You just don't have the advantage to do so. money, execution, prices, etc. IMO if your system is an if-then, it wont work.
No more BS - What have you learned?