Recent content by forexanalyst

  1. F

    London Academy of Trading

    http://www.trade2win.com/boards/first-steps/143750-aldersgate-trading.html Get your teeth stuck into that. If you're based in London then the brokers run workshops and free training themselves which you should attend before sending a few grand on training from a bunch of salesmen. There are...
  2. F

    Trader turned teacher at prop firms

    I made an estimation based on the fact that I have never heard of anyone able to return above 30% consistently over a long time horizon. If you know someone who has then give me his/her number :D My point was not too expect unrealistic returns. With regards to getting a proper job and...
  3. F

    Trader turned teacher at prop firms

    If your expected return is above 30% then you are taking on too much risk over a long horizon. However if the prospect of hitting a zero bank roll doesn't phase you then you can run your edge a little harder which is in the end what most traders do I think, even though they might not picture it...
  4. F

    Binary Options

    eToro used to run a demo account that you could trade on a Saturday, everyone made money on it ;)
  5. F

    The fast-growing spreadbetting market. Is all as it seems?

    If you are looking into price fixing, you will have more luck with Binary Options, much more scandalous. Just before the option expires, the market maker can see their exposure and edge the rate up or down accordingly if it's close to strike. No snipers on binaries to keep them straight either.
  6. F

    What are the most popular brokers Worldwide?

    2012 Forex Industry Summary Excluding Japanese brokers: FXCM Saxo Alpari IG Oanda
  7. F

    The fast-growing spreadbetting market. Is all as it seems?

    David, Nice article, hopefully it got through to some members of the public who otherwise would have been roped into something unsuitable for them under false pretences. The spreadbetters generally use proprietary platforms and have the ability to do whatever they want with spreads, prices...
  8. F

    Trading Jobs

    Where are you based? How old are you? What is your education? There are even websites online dedicated to trading jobs. However in my experience the best place to start is at a bank. Work in any department and work your way to the trading desk asap. After a year or two you might have enough...
  9. F

    Trader turned teacher at prop firms

    The teachers often have a stake in the company and earn more money from 20-40 traders and training courses etc than they would grinding out a 15% return every year. An example from poker world, I earn about £30 an hour playing but would charge £100 an hour to teach hence it makes complete sense...
  10. F

    Forex trading training

    Anyone else have trouble reading "big bank you" without thinking "big thank you" ? It's freaking me out!
  11. F

    Forex trading training

    Obviously you have to make your own mind up but I have had 5 figures in the account and never worried, the money is kept in the UK in segregated accounts. They've been going for ten years. MF Global and Worldspreads were regulated in US and UK but it never prevented miss-appropriation of funds...
  12. F

    SouthEgg Capital??

    SelfCharmer I know two people that have done the course and they are in fact still at the firm. However they are trading their own capital rather than the firm's. If you are really interested in trading and want to learn about it then this is a cheap and efficient way to do it. Like most prop...
  13. F

    How can we use stop loss effectively for more profitable trade?

    Avoid slippage on stop-loss Your stop-loss should be at the point at which your original hypothesis no longer holds. Nice to have them guaranteed too: Trade with guaranteed Stop-Loss - YouTube
  14. F

    Jimmy Young: Top Bank FX Trader

    p.s. the reason i saw this post is because he doing so seminars in London and some guy asked me what to expect since he is signed up for it. Any real reviews would be great...
  15. F

    Jimmy Young: Top Bank FX Trader

    I know a few people that went on the course. Outside of the normal earn a fortune selling he is actually just trading overcrowded situations for particular upcoming news events. Basics for any fundamental trader but if you find yourself thinking along the lines of "the market expects this to go...
Top