Recent content by alexander

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    New Trader looking for answers

    It is realistic for some prof traders but sort of unrealistic for newcomers to this game. You see the profits of profs come from newcomers.
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    Software To Screen For Flag Patterns

    Good suggestions above. Imo, flags are some of the most unreliable chart patterns. It should be first more interesting to see how many fail before you trade them. I think they pay back less than slot machines.:)
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    Learning about the trade?

    If you mean using patterns to trade, imo the most valuable tool for me is one that calculates the past performance of patterns. I think the links in the last section "pallist"]Links to material about trading in general" of this promotional material of Price Action Lab provide some good and free...
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    Best Indicators For Scalping

    You cannot scalp with lagging indicators. Must read tape. Only that can do it.
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    Is the Futures trading risky?

    Commodity trading is risky because you attempt to make more than 0.2% which is the "risk -free" rate, if something like that exist anymore. But I think it is less risky than stock trading because except in the case of some commodities that can make several limit moves, up or down, you seldom...
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    Automated Strategy

    About 50 of them. They are not too complicated strategies, all generated by Price Action Lab. Only in the case of forex I have modified the code slightly. We have no problems whatsoever. Platform is stable and working very well.
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    eurusd

    10% is not leverage. Leverage is the value of the trade divided by the value of your account.
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    eurusd

    Volatility. Market goes up $ goes down and the other way. Just keep your exposure low. What is your actual leverage? (not your broker leverage)
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    Curve Fitting Knowledge

    Do you think your systems are curve-fitted?
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    Automated Strategy

    Your question is too general? EL automation is fairly easy. Any specific questions?
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    Learn to Code

    If you are young go fo it. There is plenty on the web to start your learnign curve.
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    Can anyone good enough to tell me the requirement for a trade job in Wall Street?

    I think his English is decent. There are many traders and quants in Wall Street that speak and write terrible English. Also, I find you remark racist and uncalled for. The OP had a reasonable question and used reasonable language, grammar and syntax, better than some Brits and Americans I know...
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    How long before consistently profitable??

    "The first 10 years you learn. the next 10 years you trade and the last 10 years you spend the profits" Quote from a famous trader.
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