Recent content by faat

That did both come across my mind too. Thanks guys for the invaluable input! I guess this is the closest job that doesn't resemble work apart from being a trader in an institution. (Prop shop isn't great because I eat what I kill and I don't get a basic + profit sharing so it's tough to get by)...

Really strange things is that they do allow trading of our own capital. I did ask them and they had no issues as long as the firm itself did not have a trading desk because there would be a conflict of interest if they did. What you said was the first question I asked them during the interview...

Hi guys, Would appreciate some advice from you guys regarding a job as a technical analyst/chartist. I was previously from a prop firm but I left because I felt I could trade on my own albeit with a smaller amount of capital and less time required compared to day trading. Do you guys have any...

Hi everyone, Would appreciate some advice as a new trader. I currently work in a prop firm and have been making money trading the ES o/n. Small but consistent amounts monthly. The issue that has always been bugging me is that, what happens if a trader does not work out as a trader? That is...

Hey Robinoft, This is a great one for me and many others I believe. http://www.jigsawtrading.com/learn-to-trade/free-order-flow-analysis-lessons/ Cheers and good trading!

I currently do only trade 1 market and that's the ES during Asian and Euro. DOM isn't that useful pre-Euro because the volume is thin and price moves slowly IMO but it does get volatile at times. I'm using xtrader right now so do you think that would be enough for the time being to learn the...

I think I totally understand where you're coming from. I am currently trading using charts but have been slowly incorporating the DOM into my strategy. (Will slowly try to trade using the DOM after going through all of Peter Davies' videos on DOM trading) I agree the volume profile is crucial...

Hey Tim, Thanks for the advice and I'll look up what kind of data feed I'm getting but I think it should be fine as my broker is one of the largest and well known in my country. Thanks for the links and they sound like what I was looking for! All the best for trading! Cheers!

Hi everybody, Does anybody use a combination of both technicals and DOM to trade? I guess this applies mostly only to day trades as DOM would be of more significance if you are entered a trade at that moment and scalp for a couple ticks or points. Basically, you will wait for price to reach an...

well long story short, there were senior traders and they did teach some form of trading which things didn't work out. both the senior and whichever traders that traded in the office has left so i'm alone now. the rest of the traders trade from home. the reason they have left has nothing to do...

my office is basically a trading arcade so there is nobody who is under the same firm as me at the arcade. the only pro traders there would be those independent traders at the arcade. i get what you mean by like trying to learn from experienced traders but there isn't much opportunity to...

I only see it as costs and nothing else because I am currently trading alone because the others that were together with me in the beginning has left. Hope that clears some stuff up!

S&P has been pretty much ranging the past 2-3 days. Very few and low probability trades. My methodology of trading is mainly price action with the trend or with a clear market structure i.e. clearly defined S/R. Made lousy trades the past few days so gonna sit the whipsaws out till then...

Hi rainhard, I'm currently at Phillips trading arcade and I have no big issues with it but I haven't seen the one at UOB. Both arcades are pretty nearby each other. My firm isn't hiring anymore but there are quite a few prop firms in the vicinity. Given your profitability I think you wouldn't...

Hi everybody, My name is Sean and I've just joined a prop trading firm for about 2 months and I've been given the option to trade from home which I have decided to because it'd save me 700SGD/mth and that's quite a sum for a new trader. Main point of this post is to meet new people perhaps...