He was the most volatile trader I've ever seen he'd make 300k in a day, then lose 150k in a day, then repeat. Run away from anyone that says trading is easy. I thought this is common knowledge. Other Chars: There were lots of interesting people that worked there. ~100k salary, ~500k bonus near the end of the year.
People asking stupid questions "How can I not have FOMO". Often they grew tired of conversing online long ago and just stick to vetted peers in the industry for their social needs. If you panic, lose your discipline, try to make up for losses by doubling down, or have no patience you will blow up your account.
I posted replies to a few comments. How did you find it/get exposed to one? Is it more/grueling than ibank recruiting? However, during those three years I had a span of 3-4 months where I made close to a half a million dollars.
What are your thoughts on using a practice account for a few months before putting in really money? But whenever I see Instagram forex traders I feel that I am doing something wrong. ***I'd like to point out that I work in the industry and I'll tell you right now that the overwhelming majority of legit traders have ZERO interest in providing a paid service.
Right now it all seems like glorified witchcraft and I know I probably shouldn't be spending my money on something I don't understand. Scrolller is an endless random gallery gathered from the most popular subreddits. We were having a great year, so I did actually expect this level of bonus. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat. I'll be back with more in a bit.
That’s why I always tell people only to put in what they’re completely willing to lose. Press question mark to learn the rest of the keyboard shortcuts. I never understood how he slept at night. Trading is mentally exhausting. There were also others. It takes time, but if you put in the work in the beginning, you'll reap the fruits later. I live my own life with my own rules rather than having others boss me around. Really didn't work with my brain chemistry, so I stopped. However, its … It definitely would, but our boss keeps a very tight leash on our positions and is very aware (on an hourly basis) of what exposure the firm has. I know that will balance the bad feeling so go do it.
You will! Everyone wants to be a daytrader. what exactly are you studying when you refer to “advanced techniques”. The answer is yes. While not very advanced, they provide valuable insight on perspective. I remember first starting out and using Excel to find out my potential profits.
Imagine you have two screens in front of you and thousands of numbers and they are all blinking and changing from green to red to green. Organizing your trades and understanding your own psychology is essential to becoming profitable. Account active Cookies help us deliver our Services. Last I heard he stole money from clients and had to go to jail for awhile. But, he was consistently a top 10 guy at the firm, making multiple millions a year. He already had one guy, and was hiring two more to learn his strategy.
The overall atmosphere there was interesting, there were lots of clashing personalities. Never knew that site. It is really important to master three things in trading.
He’s an Instagram Trader but also one if trading views all time top authors. gifs. Looks like you're using new Reddit on an old browser. On days when volatility is low, you will be forced to place trades because you want to reach your goal and in low volatility markets, traders almost always give back what they've made. It took me from August of 2005 when I opened my first live account to 2012 to finally quit my job and trade full time. You said your trading is mostly automated, and considering the number of trades you make a day this may not be applicable to your style, but do you think individuals can make good money consistently trading without the use of super expensive technology that a prop firm has? 2m Posts - See Instagram photos and videos from ‘traderjoes’ hashtag You make the trade your system tells you to make at 9:30. (It was a random stock chart with peaks and troughs in a channel that eventually went up. Second is emotional management and the actual trade strategy is third.
A nice car (likely from daddy's money) is not proof. I didn't get picked.
EDIT: Everyone, I'm happy someone is interested, my wife hates listening to this shit. Even people who've been in the game for years occasionally need to vent a bit of steam about a bad loss. Interesting that you point out the trader that traded off "feel". I agree with his view: in trading, the most important aspect is bankroll management--e.g. If they made money and owned a super car. It was by far the most consistent trading strategy I had ever seen, but the fact that he did it solely on feel, made it very hard to emulate.
I Am A, where the mundane becomes fascinating and the outrageous suddenly seems normal. Press J to jump to the feed. If you hear every single pulse going all through your body then something very bad is happening. Roughly how long did it take you to become consistently profitable? Then he shares his daily broker email verifying the trades. I would say it took me about 3-4 months until I really got the grasp of things. There were the Level 2 traders. They rent out a fancy home, rent a nice car, go to a fancy restaurant and they take 10000 pics, They do this to pretend they’re making money which helps them sell their signals. ---- A trader needs to be always aware of their surroundings, and have a clear idea of where the edge is coming from in any given moment. Welcome to FXGears.com's Reddit Forex Trading Community! I am curious because the majority of my customers that actively trade, are complete morons who rack up commissions and would be better off holding long. Also, I am 19 and have about $30K invested in shares. I am newbie trader and I don’t want to be following those people. Do I really want to listen to a four year old jabber about something when I’ve got money on the line? There were "sitch" guys, who traded situations where a stock shot up for some unknown reason. since. There were longer term traders who were in a different room altogether.
I still occasionally daytrade. There was a guy who made a team of these "sitch" (situational) traders. 14.8m Posts - See Instagram photos and videos from ‘forex’ hashtag you said that you hide the money you make from your friends... how do you do this? Watch the tape, watch the order book, watch the trades... when you see something you've seen before you jump on it. You’re already so ahead of the curve, so keep at it! I’m 20 years old, and I’ve traded Forex for around a year now. And neither do you. The answer is no. I thought it was a place for >= intermediate people to communicate. Best of luck! People posting entries with no valid reasons behind them. Then there were months I made a regular income, 5-15k per month. I am guessing these guys also confused air with Cocaine right. I have to take my glasses off to read them. Statistics, specifically time-series analysis. He never did so I figured it's bullshit. Like you said, real pro traders limit their social media activities, or none at all. I still never found out, I heard he got huge and just trades his own money now.
Honestly, this is the only way I know how to make a decent living. I’ve talked many people off the ledge in the past 10 years and had to be talked off a few times myself. this is exactly why i’m always saying never believe these scammers. New comments cannot be posted and votes cannot be cast. The purpose of the demo, is to help traders understand the working of the platform and your strategy.
The letters all melt together and look like a kaleidoscope. With this. Honestly you’d be stupid not to... Has zero to do with successful traders doing so*** and everything to do with the ratio of markers who also happen to be successful traders compared to marketers who fake it. The biggest issue I had when starting trading is my own psychology.
One time I traded for a couple months and only lost $300. All those traders are posting 24/7 in their stories then partying, riding super cars, drinking expensive wine, etc. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
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