Bank- / Institutional Traders - Traders Hideout | futures io social day trading
futures io futures trading

Bank- / Institutional Traders
Updated: Views / Replies:3,915 / 9
Created: by max-td Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Bank- / Institutional Traders

  #1 (permalink)
Elite Member
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: FGBL 6E B4
max-td's Avatar
Posts: 1,754 since Jun 2009
Thanks: 2,309 given, 921 received

Bank- / Institutional Traders

Hi all,

i think we have a number of folks here at (formerly BMT) who work or worked as professional Bank- / Institutional Trader in the financial world.

i would like to hear some storys from them !

What + how / wich style did you trade ?

How the learning / beginning works there ?

What useful things can you tell us about the pro-guys ?

i am shure there are some other interesting topics + storys arround this!

its not easy for us to get a look behind the scene of the professionals.
Most things we hear are driven + controled by medias & the banks themself i think.

i would appreciate to learn and hear a bit from this section.

Reply With Quote
The following 2 users say Thank You to max-td for this post:
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
Elite Member
Berlin, Europe
Trading Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
Fat Tails's Avatar
Posts: 9,746 since Mar 2010
Thanks: 4,231 given, 26,078 received

No professionals here?

This is a day trading forum. Maybe they do not consider themselves day traders, so this forum does not appeal to them. Also they may not have the time to hang around here. Or they have already moved on to

Reply With Quote
  #4 (permalink)
Site Administrator
Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 46,920 since Jun 2009
Thanks: 29,913 given, 86,910 received

I know for a fact there are many here, but they don't post much in the public. I know this based on the PM's I get where they tell me their role and/or share some details.

How to get them to post in public, I don't know. It's the great mystery of the forum universe.


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
  #5 (permalink)
Elite Member
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
Posts: 88 since Jun 2009
Thanks: 35 given, 84 received

A close relative is a broker in the City of London and a close friend is head of global equity trading for a major international bank.

Whenever I speak to them about trading, I'm struck by one thing - their complete ignorance when it comes to technical analysis. All they have used in their careers is VWAP as they get judged on their ability to get the best price for the trades and that is assessed by bettering VWAP.

Both are multi millionaires who have had long and successful careers in trading for Institutional investors.


Reply With Quote
The following 5 users say Thank You to David for this post:
  #6 (permalink)
Elite Member
seattle, wa
Trading Experience: Intermediate
Platform: IBKR
Favorite Futures: EUR/USD, ES, TF etc
Posts: 26 since Jul 2010
Thanks: 13 given, 5 received

I doubt if those from institutions will respond. For their own sake and to protect their edge (it is possible to get their thinking via their posts), I suspect they will be anonymous.

This from a retail guy

Reply With Quote
  #7 (permalink)
Elite Member
Trading Experience: Intermediate
Platform: ninja
Broker/Data: IB
Favorite Futures: forex, futures
Posts: 13 since Dec 2009
Thanks: 2 given, 17 received

Speaking from the equity side of institutional trading...

1. Teams are broken down by sectors. Depending on how active the sector is dictates how many traders
cover said sector.

2. Every security in that sector has many institutional holders, which the salespeople cover. As the trader
your expected to know everything about your sector and the stocks that trade in it.

3. If a large print, news or price movement occurs, your job is to inform salespeople so they can be the 1st
call into the institutional holders, why? because they have the inventory. Also, should always be indicating
a menu in which your willing to buy or sell large quantity of all your active names.

Overall, Banks have/had deep pockets. But the order sizes can be large and in turn move the market around.
Where you and I see Bollinger bands, the banks know where the holders of xyz have/had interest in the past and thus a vested interest in where their large holdings trade.

Prop desks @ the banks= different area, usually focus on whats hot (ie what GS is doing) call it GS envy.

Reply With Quote
The following 4 users say Thank You to Little Joe for this post:
  #8 (permalink)
Elite Member
Trading Experience: Intermediate
Platform: NT, Ensign, Others
Favorite Futures: forex, futures
Xantech's Avatar
Posts: 4 since Jun 2010
Thanks: 4 given, 0 received

momop540 View Post
I doubt if those from institutions will respond. For their own sake and to protect their edge (it is possible to get their thinking via their posts), I suspect they will be anonymous.

This from a retail guy

It is also in part due to the institutional compliance departments...


Reply With Quote
  #9 (permalink)
 R.I.P. 1960-2010 
Trading Experience: Advanced
Platform: NinjaTrader7
Broker/Data: Mirus RCG/Zen-Fire
Favorite Futures: CL & 6e, looking at ES, ZB and AU again.
ZTR's Avatar
Posts: 2,099 since Nov 2009
Thanks: 1,104 given, 1,392 received

Xantech View Post
It is also in part due to the institutional compliance departments...


AKA: The Business Prevention Unit (BPU), as it was know at Dean Witter.

R.I.P. Andy Zektzer (ZTR), 1960-2010.
Please visit this thread for more information.
Reply With Quote
  #10 (permalink)
Elite Member
Trading Experience: Intermediate
Platform: rolling my own
Favorite Futures: ES,CL,GC,6E
GoldStandard's Avatar
Posts: 211 since Oct 2009
Thanks: 326 given, 190 received

Found some old ET posts from Deeman, a former institutional trader that are quite interesting and relevant to this thread:

Forums - Reading the Specialist.


Forums - i've tried everything and nothing works

Reply With Quote
The following 3 users say Thank You to GoldStandard for this post:


futures io > > > Bank- / Institutional Traders

Upcoming Webinars and Events (4:30PM ET unless noted)

Journal Challenge $1600 in Prizes & Free Journalytix for all participants!


Trading Resolutions for 2019 - Avoiding Mistakes w/GFF Brokers

Feb 19

3 Excellent Entries, and How To Automate Them w/Kevin Davey

Feb 21

The Driving Force Behind the Market w/Earn2Trade

Mar 5

TBA w/Stage5 & iSystems

Mar 12

TBA w/John Grady @ No BS Day Trading

Mar 19

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26

Similar Threads
Thread Thread Starter Forum Replies Last Post
Institutional levels used by professionals aligator Commodities Futures Trading 27 January 21st, 2018 07:06 AM
Goldman Traders Quitting The Bank In Droves kbit News and Current Events 0 July 28th, 2011 11:03 PM
Victims in Bank of America screw up threaten to foreclose on bank assets RM99 Off-Topic 4 June 6th, 2011 09:54 PM
High-Frequency Traders Elbow Aside Day Traders – What do you think about this? Arpad Traders Hideout 7 December 17th, 2010 11:42 PM
Institutional buyers lokgotkent Traders Hideout 9 October 25th, 2010 09:22 AM

broker, brokers, buy, day trading, dow, elite, es, futures, information, institutional, trading, universe, vwap

All times are GMT -4. The time now is 06:00 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-02-14 in 0.24 seconds with 14 queries on phoenix