Do you honestly believe the retail traders can actually provide liquidity for a major bank? Foreign exchange was opened up to retail because of spreads making it a viable business. The banks have always been hunting for better targets for centuries, ...

Are traders herded like cattle?

Can you provide more information as to why you believe what you believe? Who are switched on traders and who are the uninformed? Do the uninformed traders really have that much money for the switched on traders to want to take from them? How do they ...

Are traders herded like cattle?

My question is who is the herder and who exactly are the cattle? Penny stocks are a great place to look into this. You have a ring of guys who buy up a penny stock throughout a long time, making sure price doesn't go up. Then, they release something ...

Are traders herded like cattle?

I know there are supposed to be "trading simulators" or at least I've read about them. I wonder if they are any different. However, I wonder how people are trained as traders. I have very recently started looking into entry level jobs for firms and ...

Backtesting and Demo

Here's one in action. I'm gonna have nightmares!

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Ah, yes, the drop bear, cousin of the koala. However, this one is not so cute and cuddly. It hangs in trees, camouflaged as best as possible, and when the time is right, will drop on any unsuspecting person and shred them to pieces. Never stand ...

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ITT: = in this thread Beware the drop bear.

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ITT: drop bears

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There's also different names for each row. (other banks?) There's a few different instruments, one looks like usd/spf?, the other is usd/dkk, the third looks like the S&P 500 and the fourth is unreadable. I think the names are quotes from different ...

Billion Dollar Day video analysis

How would one exactly go about that? Just pick a level and then a random number of pips away from that level?

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I would shoot for a trillion, then a quadrillion, then a quintillion, etc... I wouldn't be staring at charts to do that, but I would be buying/(selling) industries and leading new industries and investing my money and using all sorts of vehicles. ...

What would you do with a Billion Dollar Forex Account?

I think you might be trying to draw too much out of this video. What I took from this is that trading is a lot like poker, where stacks are played by humans and transferred because of humans, not because someone got dealt triple 7s on a slot ...

Billion Dollar Day video analysis

Anyone see the news about Israel and Fracking? Some are speculating that they will become the new Saudi Arabia and reshape the middle east, while becoming a top exporter of plastics and other stuff. America will also start exporting more and more ...

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I think I read you wrong. Are you saying you use stochs or not?

Improve My EXIT

Well, the question was directed at hefhem, however, I'll ask you this. Why is the stochastic good for scalping? What does it show you? Are you just using the logic "price bounced off my imaginary line"?

Improve My EXIT

You base your trades off that? No reason for entering/exiting other than you're a scalper?

Improve My EXIT

Why do you want to get out of the trade at that point?

Improve My EXIT

[quote=chiknthief;6397622] How you define one, I can see a few waves being defined where wave three would be for you. I don't see consistency, I guess. Something's just off.

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[quote=chiknthief;6397611] Well, I would, however, wave four pierces through wave one. Just based on that alone, I don't see how any wave count would work.

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