Recent content by Yatman1

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    Advice for a skint prop trader!

    I'm appreciating the Charlotte Whitton quote at the bottom of your page, quite fitting! after some thought i feel initially home trading is my best option as like you said, if i weren't to trade it would be at the forefront of my mind whilst doing anything else!
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    Advice for a skint prop trader!

    Hi All, Was looking for some ideas! Background; -graduate + 18 months financial sales exp. -traded for a prop arcade live for the last 4 months -no salary and have run out of savings (rent bills etc) -trading is gross profitable, net after comms flat and minus inc of tt cqg etc therefore...
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    Bund Reaction to U.S trade deficit?

    when the u.s bond futures come online they tend to lead the bund. Increased trade deficit = delicate economy = continued stimulus = no sign of rate increase = increase bond price feel free to counter
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    Bund Reaction to U.S trade deficit?

    Any fixed income specialists out there might be able to dissect this one? U.S trade numbers came out fri a lot worse than the predicted figure (-$36 mill on -$31 mill predicted i think) Now, i was watching the Bund ladder and instead of ticking up it shot down (i assume following the US 10 yr...
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    What questions do I ask the prop firm?

    Thanks for the advice SL. Went to see the firm in question, seemed v.good, only small group of newbie's every two months taken on the backed trainee course. 2 months training & sim, retention of 40%+ and backed position includes no desk fees, base salary & 50/50 profit split. I'm starting the...
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    What questions do I ask the prop firm?

    Hi All, Next week I will be interviewing with a prop firm (this is for a backed trader trainee position). Now, having read numerous threads on here I have an idea of what they will be asking/testing me on, however, what sort of questions should I be asking them to gauge whether its a good...
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    Who Am I Up Against?

    Can someone give me a breakdown of who/what is involved in a given market at any one time and the relevant influence on price/direction they have. To use an example, i've mostly traded spot forex market GBP/USD. My basic understanding is as follows. In order of influence: -The central banks...
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    Reading List Ideas (not how to trade books)

    If you've not read it yet, check out "The Alchemy of Finance" (Soros). Some timeless theories/thoughts from the guy.
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    Why do you trade what you trade?

    Hi All, This is quite a subjective question as I myself have already found myself drawn to one trading area over another but im interested to get other opinions/thoughts! The question being, "why do you trade what you trade?" And by this I mean, especially for newbie traders (like myself), my...
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    Futex 1st interview

    Hi TD, I think i echo the thoughts of many here in saying that, "yes, would be really interested to see those statements" and even some comments on some of the more significant trades within that time period (if your feeling generous!). Look forward to reading them!! Cheers
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    To close or not to close?!?!

    I wouldn't say gambling, i am trying to develop & stick to a system with tight stops. But, given the ratio you use and feedback from the other posts the consensus is that a lower risk/reward ratio is the way forward thus increasing win rate and profitability. In theory if 90% of my trades take...
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    To close or not to close?!?!

    Hi All, I have been trading sporadically for the last 12 months and have recently began taking things more seriously by adopting simple, price action based set ups, with trade length being between 30mins to 2hrs on major currency pairs. I have achieved varied success but seem to be coming up...
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