Recent content by Boilersuit

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    Skype Group for Forex Traders

    Hi all. I'm keen to join any good forex chatrooms. And to generally network with other traders. I've been trading for over a decade. If you want to skype add me, just pm me here, and I'll give you my skype username. Best wishes all!
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    Uk Trader Blamed For Flash Crash

    If orders weren't MEANT to be cancelled, then.. they couldn't BE cancelled! The phoney regulator seems to ignore this fact. Despite the claims that the regulator is trying to protect market credibility, it looks like he's causing HUGE harm to the market with what, on the face of it, looks like...
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    Bristol and Bath Traders Network

    I'm up for this. Bristol is infinitely than Bath as a venue for me. As I'm coming from S Wales.
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    Navinder Singh Sarao

    The only exception to the above I could think of is if the systems can be hacked. So the platform moves to trigger and fulfill a stop order. But trader can somehow bail out WHEN THE PRICE HAS BEEN STRUCK. But even then, the case against Sarao looks utter bull****. Because he couldn't have...
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    Navinder Singh Sarao

    This is shocking. Firstly the claim that Narao is guilty of something. Secondly the outrageous decision to charge him. Ofcourse whilst infinitely bigger players get away with megafrauds every week. Even a rookie knows that you shouldn't treat stop orders particularly reverently. 1stly much of...
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    Navinder Singh Sarao

    You've only got to look at LIBOR rigging, forex rigging, Copper rigging, the Alpari debacle etc etc and now this. Its a bit disconcerting that there seems to be one rule for these. And one rule for the others. I'm now starting to wonder if there will be a fraud unveiled that will absolutely...
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    Navinder Singh Sarao

    WHat was reported in the press was utterly baffling. Apparently he's been charged with "spoofing" and wire fraud too. But how the hell is placing orders "market manipulation". There was a vastly larger number of traders who could have called his bluff, if HE was trying to manipulate a market...
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    Econometric analysis for trading?

    I've been meaning to make econometric analysis a much larger part of my trading. I did a fair bit of work in the past learning Gretl and a fair few theories/approaches. Prediction can be very good, but usually more so over longer timeframes. Would be happy to work in a team on it, time...
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    Anyone been screwed by the Financial Ombusdman?

    OK no posts for 4 yrs, but its relevant to all traders with UK accts, and arguably anyone else with an EU area acct. I've got some experience helping friends with Ombudsman problems. I have no doubt the Financial Ombudsman adjudication system is a complete and utter sham. In short, it is a...
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    Alpari discussion and help thread

    I'd be interested to see what happened. I mean isn't Alpari an ECN? FX brokerage should be fairly simple, drama free, bearing in mind the advances in software and matching networks in the last 10 yrs or so. But evidently, there's still room for improvement. Strangely a friend of mine was...
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    Traders: Millions by the Minute

    I recorded part 2. I wasn't initially that enthusiastic about watching it, because I thought it'd bring back bad memories of many yrs ago haha! Anyway, I did watch it. Here's my observns:- Rene - clearly an addict. Very sad to watch. Atleast he understands microaccts... atleast how to lose...
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    TOTW Is it possible to feel no emotion when you win or lose a trade?

    Hmm. Well we all have emotions. Some of us keep them under control more than others. I think what I do nowadays is prepare for the eventualities of trading. If my trade profits a lot I think "so what, sometimes you get movement, I prepared for that". And if I lose, I think "so what, x % of the...
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    Best Thread Correlation Trading - Basic Ideas and Strategies

    Hi Neil, Simon and all. Well, I think that Correlation/ Divergence trading is key to understanding the fx markets. Its also one of the most tricky to follow on a consistent basis. I use it alot in my own trading. But its does have potential pitfalls. 1st, correlation indicators lag. 2nd...
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    Will the Tobin Tax Kill Retail Forex Trading ?

    I mentioned thg about Brown and Tobin taxes here a few days back. I never actually researched whether Brown had seriously proposed it. Or if his enemies in the press had pretended he had. Or whether he had been the subject of a ploy to damage his credibility with impossible( and daft) ideas. I...
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    Best Thread Correlation Trading - Basic Ideas and Strategies

    Re: The world is a scary place............. Hmm, there are some troubling things being talked about/ happening in forex. FIFO and anti-hedge regulations, and now this 10-1 nonsense. I've read something that the CFTC proposal of 10-1 would ONLY apply to non-exchange products ie OTC products...
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