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about Shadow Traders run by Barbara Cohan? (www.shadowtraders.com)
listening to the TopStep webinar - very interesting as well...
I really want to improve and get away from the discussion "who is scam" "who trades a real account"
Let us talk about our trades and not about sales. This is why I showed you my realtime account performance reports, and I consider that as very realistic. The question from above shows me that. Obviously people trade 0.01 lot and show nice equity curves. Let us get away from that.
We all can learn from each other.
Can you help answer these questions from other members on NexusFi?
After I slept I did some trading. I got 2 trades with 1 tick and one trade with 2 ticks. That was $ 25.06 . Anything wrong about that? Others took the "fall from a cliff" in CL and also did the reversal when it was clear that everything was a rumour, but with CFD`s and 0.01 lot, so they nicely saw the trend, but did that help? I did the same thing using futures and just scalpnig my daily concept. I do not care about "special effects".
I think that I am not clear about I wanted to explain..
You can see the trend and trading it with 0.01 lot.
You can scalp the same thing using futures and have the same amount of money on your account,but you did not trendtrade it with small position size, but take a small bite of that, but that bite you get every time. That is my concept. I want my meal every day, and I get it, but I do not get it by "traditional trends, moneymanagement, and so on.
By the way: That was not a place to play a breakout to the long side, that rumour today. They exactly knew what to do to scare everýbody and to convince them to play the long side. They just put everybody with their trading rules to put them above their daily pivot or so, an d then the big BANG.
I watched that market I came from work in just that moment. It went some kind of above price to convince everybody to one direction, lets say it broke daily pivot to the upside or so, and then it went down more than 100 ticks in 3 seconds.
It took everybody in for a long and then? (By the way fractals were to short not to go long although it broke daily pivot). The Big Boys scare everybody who follows a nice trading concept. This is why I have that huge stoploss that serves as an emergency case. Today, If I would have been a kind of a "confirmed trade by my rules" I would have been long above daily pivot, but instead of hat I decided to sleep and stay away from any trading, so those games today was someting that I watched... no trade.
Today it was about "sucking in everybody". A non confirmed romour. Sucking in everybody long at the top and vice versa. This is why I scalp.
Yeah, I couldn't trade where the reward to risk was way out of proportion to the negative. You would need to be really perfect in your executions to maintain the huge winning % needed to make up for a losing trade. I have been there. Too stressful to be perfect. But trader2 has his own style that he is comfortable with. Just not for me.
I understand more and more why people who really trade do not read or post in forums, because there is always somebody like tigertrader who tries to discourage you or even insults you.
Maybe it is a good advice from tigertrader to stop posting here. It is really insulting what you write, tiger, and BigMike should cancel your posting because of insult.
There are enough people who trade 200 $ accounts and 0.01 lot, and they use to read and post in forums.
It is the typical client for forums. Pro`s do not read forums.
I thought it was a good idea to show a piece of reality by showing my account size and performance report to encourage those who are discouraged by all that "you need at least 100 000 $" talking.
You can trade with small account and you can scalp and make money, but of course you have to know what you do.
People are working for 400 Euro a month or for 5 Euro an hour. That is also reality. Not everybody earns 3000 a month. Also the truth.
3 ticks a day might be 4 hours of hard work for another person. Ever thought about that? I did.
See all those equity curves on collective2 or so. Ever tried one of those services? REALITY, guys! Always watch reality.
If you have nothing to say but just insults maybe you should apply everything what you told me to do apply to yourself, Tiger. But as I am a little bit masochistic I look forward to your answer. There will be one, I am sure.
There are rules in real life and those rules are the same in forums: Only write what everybody wants to hear and read. Yes there is no smart money that traps people. Smart money is always nice to other traders. They don`t do things like traps. Yes you need at least $ 100 000 to trade. Don`t make 2000 $ starting with 800 Euro. It is a bad thing. Don`t do that. We all want to read about great traders with huge accounts programming their own indicators and being SO professional. That is every trader`s dream. Don`t read what I write. It is ridiculous garbage. But there are not many people here on BigMikes who ever showed performance reports. Scalpers have a bad reputation because of their risk/reward ratio, and I guess for this reason you will not tell the world that you are a scalper. But there are very successful scalpers around the world. I am just a beginner and practising, first on sim and then live account, still very careful. To be honest is not rewarded and I realize that. Nice to see that I have an enemy here on BigMike`s. Is this the goal of this forum?
Nobody knows who Tiger is. He might be in prison or living in a very poor country writing his posts from an internet cafe.
It is good advice to leave forums alone.
Or, and this is probably more the truth: He is a trader in a hedgefunds trading other peoples money and always holding positions that are a bit to big, so he is very nervous.
But my goal was to show the normal person, every breakeven trader or small lot trader, what another normal person (me) really does.
The forum is full of persons that seem to have very good trading and big accounts. But what is the truth?
I decided to give tigertrader a Thanks to his nice posting as he really helps me to stay away from here in the future. Again the experience not to post in forums.
I've deleted Tiger's post, not because I disagree with him, but because it doesn't belong here.
Please stop posting in this thread. You've made it extremely clear how you feel about Shadow Traders, to the point where it seems you work for them and your goal is to keep bumping this thread to provide them exposure. Enough already. You need to move on.
This should be applied for every vendor thread here.
You never finished a thread where people were telling bad things about a vendor or "scam".
I will not post here any more, as I realize that nobody wants to hear positive things. But saying that a vendor is a "scam" is always welcome... so good bye.
You have made 18 posts in this thread about how fantastic the service is. That is excessive in a thread that is meant to provide reviews. We don't need 18 reviews from the same user on the same service.
Likewise, if one user made 18 posts in the thread about how terrible the service is, I would say the same thing. We don't need 18 reviews from the same user on the same service.
