Recent content by DionysusToast

  1. DionysusToast

    I have found the Holy Grail indicator for the Dow Jones - 100% right so far

    27 people saved on YouTube so far. To be fair - the fella put a decent amount of time into that vid. The fact it's total bollocks shouldn't detract from that
  2. DionysusToast

    I have found the Holy Grail indicator for the Dow Jones - 100% right so far

    Brilliant video in the OP. First is the boredom filter - 3 or 4 mins of mind numbing details about him cleaning windows. Then - "I changed the settings a few days ago and now it's 100% accurate". I also liked the stuff about having not traded it and not having sufficient money to trade...
  3. DionysusToast

    Broker Fraud

    Hard to know without the broker telling why the stop was triggered. The broker should be able to reference published rules. It's a good lesson in avoiding illiquid markets for sure. Wouldnt happen on SPY... Sent from my SM-A720F using Tapatalk
  4. DionysusToast

    Broker Fraud

    Re: spoofing... You cant spoof the inside bid down in theory... But if you are the sole MM active on any specific illiquid market, you have a hell of a lot of scope for pushing stuff about. Sent from my SM-A720F using Tapatalk
  5. DionysusToast

    Broker Fraud

    A reduced bid should not trigger a stop at all. Only an order should - BUT - that presumes specific stop rules. I'm thinking CME. Obviously, this isn't the CME, so different rules seem to be there. What the punter needs to know here is quite simple - why did the stop get executed - the broker...
  6. DionysusToast

    Broker Fraud

    OK - so are you aware of the rules for stop order execution or not? You are still not aware that the bid & offer prices ARE the prices available to trade. Actual executions do not represent the prices available to buyers and sellers throughout the day. For example - they may have stopped you...
  7. DionysusToast

    Broker Fraud

    Good point - I was reading executions as if they were in order. So the question back to you - what are the stop order execution rules on that exchange? Do you know?
  8. DionysusToast

    Broker Fraud

    Here's what actually happened. The bid price on the exchange went down to 1085.75 and then someone sold 417 shares. Your stop does not get triggered unless a trade occurs. So the 417 transaction was not somebody else's shares being picked up cheaply. It's the trade that caused you to get...
  9. DionysusToast

    Anybody using or have info on FuturesOnline ?

    That's GAIN Capital, used to be Open eCry. FAIN are a Futures FCM and also massive in Forex. Well capitalized. They have their own platform which is solid. Not sure what info you are looking for - but they aren't likely to disappear overnight.
  10. DionysusToast

    What is the average age of a consistent trader?

    +1 If the 10,000 hours was true - there would not be a single prop firm in existence today. That's approximately 250 working weeks. So your average intern in a prop firm would be a loss maker for 5 years. The best rule of thumb with the 10,000 hours thing - anyone spouting it should be...
  11. DionysusToast

    Can anyone recommend a good Order flow educator.

    Well - as the proprietor of said company - the free training you get with the product is good ;-)
  12. DionysusToast

    Risk Reward Myth

    I know a market maker whose stats are: 85% wins 10% scratch 5% losses Much of the time he's in the market for less than 10 seconds. The majority of the time he's looking for a tick. A trade against is quite often more than his 1 tick target. So yes - there is no law that says risk less...
  13. DionysusToast

    Any one know about working for a Prop firm

    All firms are different. But the more profitable you are, the more negotiating power you have. There's normally no salary or holiday. In terms of getting fired - they are patient with new traders trying to get profitable and most likely you'll starve before they fire you. If you are...
  14. DionysusToast

    Tape reading, Time and Sales, Order flow

    Of course. Start off reading momentum & use that in trade management - should take 3-4 weeks tops.
  15. DionysusToast

    Predicting future FX support and resistance levels using mathematics

    Initial feedback was CONSTRUCTIVE. Support & Resistance concepts lead to losing money. To buy support, you have to buy a market that is moving down. This is a suckers way to trade. You are building math to fight the market. At what point will you be able to prove your math ends in positive...