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Search: Posts Made By: Binkius
Forum: Traders Hideout March 30th, 2024, 08:39 AM
Replies: 65
Views: 4,880
Posted By Binkius
At some point, the order must transact. Whether...

At some point, the order must transact. Whether internally or through the market, by end-of-day, the order must transact. If there is no transaction, it's a bucket-shop. This is why CFD's don't exist...
Forum: Traders Hideout March 29th, 2024, 06:15 PM
Replies: 65
Views: 4,880
Posted By Binkius
Skilled Funded Trader and The Funded Trader both...

Skilled Funded Trader and The Funded Trader both just collapsed. Customer accounts locked, payouts denied. Looks like both were illegally using the bucket-shop model and not legally trading the...
Forum: Traders Hideout March 23rd, 2024, 04:10 PM
Replies: 65
Views: 4,880
Posted By Binkius
I think a lot of the funded-trader / online...

I think a lot of the funded-trader / online prop-shops are operating like CFD brokers. They're basically bucket shops.

The business model is very simple. Give the client a huge amount of leverage...
Forum: Traders Hideout March 23rd, 2024, 03:37 PM
Replies: 65
Views: 4,880
Posted By Binkius
US Securities Exchange Commission does not allow...

US Securities Exchange Commission does not allow CFD's. The broker/prop-shop must trade your order. It must transact on the market.

If the evaluation/online prop company is NOT actually trading...
Forum: Trading Journals March 21st, 2024, 03:28 PM
Replies: 35
Views: 6,550
Posted By Binkius
Five years later... After my last post, I...

Five years later...

After my last post, I spent about four years away from trading due to familial obligations.

I've been back trading for a year and passed an evaluation for a funded account...
Forum: Traders Hideout December 14th, 2019, 07:02 AM
Replies: 2
Views: 1,405
Posted By Binkius
If your 43" TV is 4K with 4:4:4 chroma and low...

If your 43" TV is 4K with 4:4:4 chroma and low input lag you can set it up as (4) 21.5" monitors with Display Fusion.

A 4:4:4 chroma TV with low input lag is usually cheaper than 4 smaller...
Forum: Tech Support December 16th, 2018, 07:26 AM
Replies: 8
Views: 1,060
Posted By Binkius
Mike, I tried today and it works. Maybe...

Mike,

I tried today and it works. Maybe power cycling my computer reset my cache or something.

Thanks!
-B.
Forum: Trading Journals December 16th, 2018, 07:24 AM
Replies: 35
Views: 6,550
Posted By Binkius
I don't want to harsh in someone else's thread,...

I don't want to harsh in someone else's thread, so I'll post on my own thread instead.

I've been reading a lot of posts about psychology.

Now, I'm having my own fight with psychology and...
Forum: Tech Support December 15th, 2018, 02:26 PM
Replies: 8
Views: 1,060
Posted By Binkius
Hi Mike, I tried removing every (,),[,] from...

Hi Mike,

I tried removing every (,),[,] from the post and it's still getting rejected.

I'm copying from Notepad and pasting with Paste-As-Plain-Text.

I have no problems posting manually...
Forum: Tech Support December 15th, 2018, 12:05 PM
Replies: 8
Views: 1,060
Posted By Binkius
Problem posting

I try copy-paste in my journal but it won't post - I get "This site can't be reached. The connection was reset." I am able to type things out in other threads and they post, but copy-paste-ing a...
Forum: Emini and Emicro Index December 15th, 2018, 11:24 AM
Replies: 11
Views: 3,724
Posted By Binkius
FESX moves very similar to ES before the USA RTH...

FESX moves very similar to ES before the USA RTH open. My trading strategies that work on ES and NQ work on FESX (but not FGBL (equity indexes vs. interest rate product).

However, FESX amplitude...
Forum: Trading Journals December 3rd, 2018, 04:22 AM
Replies: 115
Views: 23,112
Posted By Binkius
Gladwell says 10,000 hours for mastery. ...

Gladwell says 10,000 hours for mastery.

That's roughly 5 years of 8-hour work days.

I believe that can be reduced to 2,000 - 3,000 hours with exclusive one-on-one mentoring. Unless you're...
Forum: Trading Journals December 2nd, 2018, 10:29 AM
Replies: 115
Views: 23,112
Posted By Binkius
Whilst I broadly agree with this, my feeling is...

Whilst I broadly agree with this, my feeling is that swing trading is different to day trading and the skill set required is different.

The markets are very fractal in nature. Technically, it's...
Forum: Trading Journals December 2nd, 2018, 09:44 AM
Replies: 115
Views: 23,112
Posted By Binkius
Let me please give you an analogy. Let's say...

Let me please give you an analogy.

Let's say you want to be able to shoot basketball free-throws at the professional NBA level. How many shots do you think you will need to become professional...
Forum: Trading Journals December 1st, 2018, 01:53 PM
Replies: 115
Views: 23,112
Posted By Binkius
2x overnight margin. This will let you make...

2x overnight margin.

This will let you make some losing trades before being closed out.

The smaller your account, the tighter your margin of error. Trading ES, $500 is good for 10 points of...
Forum: Trading Journals December 1st, 2018, 01:25 PM
Replies: 35
Views: 6,550
Posted By Binkius
It's been a long time since my last post. Here...

It's been a long time since my last post. Here are my last eight months of SIM trading.

(3) losing days in (152) trading days - but employing self-destructive trading practices.

Eight months of...
Forum: Trading Journals December 1st, 2018, 12:26 PM
Replies: 115
Views: 23,112
Posted By Binkius
It depends on what software you want to use. Most...

It depends on what software you want to use. Most of the broker supplied software is pretty bad, which is why it's "free".

Ninja Trader is the most popular platform here on Fio (I think).
...
Forum: Trading Journals September 14th, 2018, 07:33 AM
Replies: 115
Views: 23,112
Posted By Binkius
Please preserve your $2000! Sim trade first....

Please preserve your $2000!

Sim trade first. If you can't make money in simulation, you won't be able to make money live.

Sim will teach you what you don't know.

Success is probably going to...
Forum: Trading Journals May 1st, 2018, 07:05 AM
Replies: 35
Views: 6,550
Posted By Binkius
Earlier, I said learning to trade is horrible...

Earlier, I said learning to trade is horrible because there simply isn't one single answer. Another reason that it's horrible to learn how to trade is that there is an endless amount of bad...
Forum: Trading Journals May 1st, 2018, 05:03 AM
Replies: 35
Views: 6,550
Posted By Binkius
FESX April 2018 Review

Title: This Green wall of win is actually a trading disaster waiting to happen.

April 2018 results (Jigsaw Performance Dashboard).
https://nexusfi.com/attachment.php?attachmentid=249179
...
Forum: Trading Journals March 21st, 2018, 08:00 AM
Replies: 35
Views: 6,550
Posted By Binkius
"Never Go Full Retard" - Tropic Thunder

Crap. I did it again. I doubled down into a truly epic loser trade.

https://nexusfi.com/attachment.php?attachmentid=247883

Price is clearly dropping after two initiative breakouts. The there is...
Forum: Trading Journals March 20th, 2018, 12:24 PM
Replies: 35
Views: 6,550
Posted By Binkius
9th day trading FESX. Every day positive, which...

9th day trading FESX.
Every day positive, which shows improvement.

But... This is what I'm doing:

https://nexusfi.com/attachment.php?attachmentid=247862

I can, with a decent amount of...
Forum: Trading Journals March 20th, 2018, 05:01 AM
Replies: 35
Views: 6,550
Posted By Binkius
NQ Swing Trade

Solid breakouts of PnF patterns.
Real-swing-trade short Nasdaq ETF's all green.

Major Trading Problems:
I made my daily nut fairly early sim-trading. Then I saw strong signals all over the...
Forum: Trading Journals March 18th, 2018, 11:25 AM
Replies: 35
Views: 6,550
Posted By Binkius
Nasdaq Swing Trade

My real swing-trading is going horribly (Nasdaq ETF's (I think I've erroneously stated NQ when in my mind I've been thinking Nasdaq)). My sim day-trading is going swell.

I think the problem is...
Forum: Trading Journals March 18th, 2018, 08:38 AM
Replies: 35
Views: 6,550
Posted By Binkius
FESX Homework for Trading on 3/19/18

I'm doing a more in-depth homework analysis because it's the weekend. Thanks in advance to those who go through it all.

Too Long, Didn't Read Summary in One Pic:
Overall trend is up (but...
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