no secrets it's not about that.....just to describe the job : 5-days in a week 10 hours at least or even more, in touch with market every minute, with bloomberg and other tools for professional analysis, views, news feeds and with skilled colleagues ...

Trading system used by Banks

Hi, very good point, overall trend in today's trading(in banks) and treasury department is to collect margins spreads flow and whatever else and not to take a risk

Trading system used by Banks

hi, if you mean automated systems, they are mostly using high frequency machines opening and closing the trades in a second... when you have bid/ask on EU - 1.4009/1.4008 it just take advantage of arbitrage....have seen a lot of such situations ...

Trading system used by Banks

You would be very surprised how many GS or JPM traders would suck without their flows(most of them), even the prop traders of these firms have very good OF info from firm's market makers...most of most interbank prop positions are based on the flow, ...

If you could ask one question to the best trader in the world

Hi guys, I vanished for some time hope you didn't forget about me I've been working a lot and had 3 exams this week(all done fortunatelly) with average sleep 3-5 hours, now in the office, no fx trading this week at all and I'm completely ...

Make Money Everyday - A Guide to Short-Term Trading

Hi guys, traded today EU after coming from office , it was evening not volatile and in range shouldnt trade at all, i made 3 losing trades and stopped trading. I should punish yourself for that. mike.

Make Money Everyday - A Guide to Short-Term Trading

Hi geduim, I'm sorry for the loss you took today, but take it easy we are still learning Just few points about your chart - you seemed very emotional and as you said out of balance for me, it seem that you are sometimes trying to play every ...

Make Money Everyday - A Guide to Short-Term Trading

Hi acetrader, welcome here and feel free to contribute so we can learn things from each other

Make Money Everyday - A Guide to Short-Term Trading

Hi mate, wonderful post, i completely agree with you about this, trader's behaviour and psychologics are one of the main part of trading, and also that's true and i've been doing it myself - look in the past and here i would take profit, here i ...

Make Money Everyday - A Guide to Short-Term Trading

to kenfenfx... hi mate, thanks for your kind words, it's nice to have you here you are doing very good job and i hope that we all will make a good progress with helping each other and mongolian's guidance... btw just putting my 2 cents about not ...

Make Money Everyday - A Guide to Short-Term Trading

Hi gedium, i think it would be better wait for pullback fom the line and put the break order only if it was hit before.... For example price is going up it's at 1.4995 and it is going to hit 1.4500 first time and im biased to the upside, i'm not ...

Make Money Everyday - A Guide to Short-Term Trading

nice and very wise posts guys, thanks

Make Money Everyday - A Guide to Short-Term Trading

Hi, just a little question, When i open the chart, i check it and always look to the "future", I mean that i look at the chart and say to myself that i'm going to buy/sell when this will happen/when it will go up/down above/below this level and so ...

Make Money Everyday - A Guide to Short-Term Trading

Hi, made another pullback trade, out at SL -6 pips Couldn't resist, looked fantastic Mike.

Make Money Everyday - A Guide to Short-Term Trading

Hi guys, just traded another trend, came here waited for range to break and rided the wawe - 3 wins, 1 lose but it's taken my SL by a pip and in few minutes later original TP was hit, nevermind sh*t happens anyway it's 30 pips and with 18 pips ...

Make Money Everyday - A Guide to Short-Term Trading

Hi, to geduim, very nice work , this is the best approach to improve - doing a lot of trades, i've also been thinking about protecting trades and more defensive strategy, but then i found out that it just disturbs my psychologic side and i'm then ...

Make Money Everyday - A Guide to Short-Term Trading

Hey guys, just made fast 18 pips in one hour, now going for a exam, hope i will be happy after that cheers.

Make Money Everyday - A Guide to Short-Term Trading

to mongolian, thank you for encouragement , i will try to trade as much as possible but i don't see it very optimistic for a new week because it's last week of semester and i also need to go to the work so it's problem, but i'm really sad about it ...

Make Money Everyday - A Guide to Short-Term Trading

Hi Dortmunder, hope i can also comment on this ) for me the only trades which are looking good are the first one and the last two and one which you did not take between 8 and 9 marks on your chart there was a pullback to 1.338 but i dont know ...

Make Money Everyday - A Guide to Short-Term Trading