High Frequency Trading

[Soul-Trader2004]

yawn .....

does anyone think this guy will ever make an actual call?

[sunabeach]

Ho hum - You read my mind. I thought it was getting warm in here.

[Trader02]

Originally Posted by Soul-Trader2004

yawn .....

does anyone think this guy will ever make an actual call?

You're on! Calls will be placed in the new thread I opened on EURUSD. Easy to find and in chronological order.

Till I get bored or accused of selling systems/signals etc.

By the way, GBPJPY is an actual call.

Adios

[stockbroker]

High frequency trading is the best way to make sure the brokers get their cut of your earnings.

[TickSurfer]

Wow!

What an education this thread has been...

Stockbroker said:
"High frequency trading is the best way to make sure the brokers get their cut of your earnings."

My broker LOANS ME MONEY at 200:1 and 400:1 leverage!
He EARNS every penny of his cut!

I have noticed a sentiment on these boards against using high leverage. I find this sentiment beyond silly.

If you aren't using the high leverage available in the Forex markets then you would be MUCH better served by investing in the more mainstream markets with their lower leverage. The advantages of Forex over Commodities or stock options are higher leverage and faster turns. If you aren't trading using these strengths you are in the wrong market.

Technical analysis is just Mental Masturbation.
Sure it makes you feel good, about your trades, but at the end of the day it's not very productive.

The only chart that matters is a Tick chart.
The "Tick" is the only reality.
All the rest is just a way of showing BIASED data.
Scalping is GOOD, no wait, Scalping is GREAT.
Scalping is about taking profits.
That IS why you trade? To make profits???

Trading is a business!
If you treat it like a hobby, you will be one of the 90% LOSERS.

Don't try to trade against the professionals.
Retail Forex is less than 2% of the market.
The Institutional, Corporate and Fund traders are smarter than you, more experienced than you, better educated than you, have better computer programs than you, are better Capitalized than you.
They are the sharks, you are the bait. If your smart you'll be one of those sucker fish that cling to the side of the shark and go along for a free ride.

My strategy:
Be a disciplined investor. Never go into a trade with out preset stops and limits.
"Letting your winners run" is a fools strategy.
Define EXACTLY how much your willing to risk loosing and set your stop, and how much you are trying to make and set your limit.

All my trades are at max leverage and I'm generally in and out in under an hour. Rarely, it might take a couple hours for my position to close.
I NEVER hold a position overnight...

Yeah, it's working GREAT...

[MickMason]

Originally Posted by TickSurfer

My broker LOANS ME MONEY at 200:1 and 400:1 leverage!
He EARNS every penny of his cut!

lol, your broker loans you nothing! What, you think your trades go into the market and your generous marketmaker lends you the cash? Yeah, right!

No offence but the rest of your post is pretty much inaccurate garbage.

High leverage is fine as long as it fits in with sound money and trade management principles.

Technical analysis works just fine, like anything you need to know how to use it.

[golhuntsleep]

Spoken like a true begineer....... the only truth in that entire post is if you treat it like a hobby you'll be with the 90% losers.......good luck with the scared rabbit strategy.....your broker and IB must love you