Recent content by DAXJockey

no, it's not that - swing trading is a term used by people who don't know what they are talking about. It immediately labels you as an amateur. Myself and the 500 or so other traders I work with and know could be wrong though of course.

please don't ever use the term 'swing trade' around prop traders, they're likely to either laugh at you or hit you - it's one of those expressions that labels you as a dick, and that's a label that's hard to remove.

Futex already have an office in London, near Fleet Street. They've had one for months. The turnover of personnel is far higher at Schneider, as they take a 'throw plenty of **** at the wall and see if some sticks' method, whereas Futex vet their recruits a lot more heavily. There are merits to...

How much seed capital would you have available? You'd have to have some pretty robust strategies in place imo, you can't just hire in a load of grads on 30k a year and expect them to make money straight of the bat - hell of a burn rate for anyone to try and take on.

Interesting, how did you collect the data david, if you don't mind me asking? Are you using an ECN, or is this off something like ESignal

if you were wanting to move that kind of size on a regular basis, you'd be better off signing up with a PB and getting yourself HotSpot or Currenex - why would you want to let the likes of CMC pull your pants down on execution when for a few bucks per million you can get access to the very best...

no-one? Good to see things haven't changed round here! Should have named the thread 'how to make ****loads of money in FX with no original thought'...

how much money do you have to invest? If you're talking a decent chunk you can get past all the snake oil salesman but you'd be talking 6 figures AT LEAST.

Been a lot of debate on here in years gone by as to whether price updates in FX are a good proxy for actual traded volume, since there is no volume data available from one central exchange a la futures etc. A few prominent T2W'ers came out to openly say that tick volume was complete rubbish, and...

If you think that 4 weeks' training with STA is going to do anything for you when it comes to investment banks, then frankly you are an idiot and you need to understand the world of finance a little better. Would you take a 4-week course on dentistry to try and improve your chances of becoming a...

You don't think that it's relevant that the people who set up one of the most embarassing reflections on our industry of all time are behind Amplify? Come on... how much are they paying T2W for 'ad space', out of interest?

True, yet both searches are equally pointless.

while you're looking for that formula can you also try and find out for me where the 'profit' button is on this keyboard I'm using? I can't seem to find it.

I can't comment on the other stuff you've said, but as far as this part goes - if you're looking for someone to hand you the keys to the markets on a silver platter, you're in the wrong game. You can't teach someone to beat the markets; you can certainly provide them with the tools they will...

Yeah my bad, I meant Shaun Downey! I wouldn't know about STA's exact business model, I was only commenting on the idea that you can't learn anything from someone who isn't a millionaire trader. I would say however that I do know a few people who came through their grad course and are doing...