Aliassmith Beats a "Dead Horse"

[Mr. Hyde]

Has to be better than that last job either way.
Although with your skills you should be making that in a day.
The Rich Uncle isn't so bad just ask hyde.

What about Rich Uncles??

I figured he can ask you about your rich uncle FTMO. He could be making 4 times as much money. Then build size in the US markets. Same amount of work.

Haha. Thought I was the kid that was to slow to realize he was being made fun of for a sec.

I'm gonna go out on a limb and say doji is restricting his size. If I remember correctly, when he started sharing the doji box, he just started in futures and was gunning for 1k a day. I'm guessing it's more close to 100k now a days.

But uncle FTMO closed the week at 12k profit per account

[aliassmith]

What about Rich Uncles??

I figured he can ask you about your rich uncle FTMO. He could be making 4 times as much money. Then build size in the US markets. Same amount of work.

Haha. Thought I was the kid that was to slow to realize he was being made fun of for a sec.

I'm gonna go out on a limb and say doji is restricting his size. If I remember correctly, when he started sharing the doji box, he just started in futures and was gunning for 1k a day. I'm guessing it's more close to 100k now a days.

But uncle FTMO closed the week at 12k profit per account

Whatever he is doing 10% a month on $400k is $36k from FTMO. I think he would like that.

[Mr. Hyde]

I figured he can ask you about your rich uncle FTMO. He could be making 4 times as much money. Then build size in the US markets. Same amount of work.

Haha. Thought I was the kid that was to slow to realize he was being made fun of for a sec.

I'm gonna go out on a limb and say doji is restricting his size. If I remember correctly, when he started sharing the doji box, he just started in futures and was gunning for 1k a day. I'm guessing it's more close to 100k now a days.

But uncle FTMO closed the week at 12k profit per account

Whatever he is doing 10% a month on $400k is $36k from FTMO. I think he would like that.

Can't argue with that. It still blows my mind thst you can even do such a thing. You can go from being broke to making 5 figures a week. Shits crazy

[Mr. Hyde]

I figured he can ask you about your rich uncle FTMO. He could be making 4 times as much money. Then build size in the US markets. Same amount of work.

Haha. Thought I was the kid that was to slow to realize he was being made fun of for a sec.

I'm gonna go out on a limb and say doji is restricting his size. If I remember correctly, when he started sharing the doji box, he just started in futures and was gunning for 1k a day. I'm guessing it's more close to 100k now a days.

But uncle FTMO closed the week at 12k profit per account

Whatever he is doing 10% a month on $400k is $36k from FTMO. I think he would like that.

Or he could get 3 of these bad boys. 10% of 6 million is just stupid. Over 7 million a year

[Mr. Hyde]

Also. What is any of this "Gap trading, latency arbitrage, Long short arbitrage, Reverse arbitrage, opposite account trading are all unacceptable". Have people really found away to exploit the market. I've heard there are EA's you can buy that can do this

[aliassmith]

Haha. Thought I was the kid that was to slow to realize he was being made fun of for a sec.

I'm gonna go out on a limb and say doji is restricting his size. If I remember correctly, when he started sharing the doji box, he just started in futures and was gunning for 1k a day. I'm guessing it's more close to 100k now a days.

But uncle FTMO closed the week at 12k profit per account

Whatever he is doing 10% a month on $400k is $36k from FTMO. I think he would like that.

Or he could get 3 of these bad boys. 10% of 6 million is just stupid. Over 7 million a year

Yes, there are several options available these days. Thats why I say it's easier than ever to be a professional trader.
I just recommend FTMO because they have a proven track record of paying out. The goal is not to really build a lot of prop account money as it is to build your own account up quickly with this "risk free" capital. So now you have your own big money account and put it to work some how and you also bang out with that prop money. You won't be dependent on the prop firm incase something happens.

[aliassmith]

Also. What is any of this "Gap trading, latency arbitrage, Long short arbitrage, Reverse arbitrage, opposite account trading are all unacceptable". Have people really found away to exploit the market. I've heard there are EA's you can buy that can do this

Not sure what they mean by gap trading and reverse arbitrage.

Latency arbitrage is having 2 accounts with feeds that are different speeds and taking advantage of that. It could also just be one account with a latency issue that gives you an edge. A broker I use had a feed issue a few months back. I used max leverage and made a killing. I knew they wouldn't let those profit stay but it was fun.

Long/Short arbitrage is using separate accounts and going long in one and short in another. There is a basic entry of one long and one short at the same time. However there are people that would get an interest free Muslim? account and run one account long and one short then collect swap without any risk. When one account was low they would rebalance them.

I'm not sure if they cover spike trading. That is when the news comes out and you take advantage of the latency caused by MT4 not keeping up with the feed. News comes out you grab an early price. During the lag its already hit your take profit before the feed catches up. I did this in the past accidently when I traded the news exclusively. I believe MT4/MT5 have updated enough to make it less of a possibility. Brokers really hated it because they didn't have enough time to offset your big orders. We are talking making $100k+ in mere seconds and I knew of a few people doing it.

[aliassmith]

A GBPUSDM5 chart I was reviewing.
Gray areas are points of interest for me.

[aliassmith]

GBPUSDM5 Chart

The gray area is a Fair Value Gap or Mighty Zone or Z-line, whatever you want to call it.
If I wish to keep my Stop Loss small and I want it at the top of the red candle, I'll have to risk waiting to see if it pulls back far enough.
In the past I might have rolled with a 10 pips SL, but I am trying to reduce that so I can use larger size.
I figure 6 pips would be nice seeing that I am targeting 30 pips if all goes well.
My impatient ass would have probably entered at 7 pips SL.
Even with a 7 pips SL it's over a 4x return
FTMO $100k@ 1% risk would be 14.3 lots or $143/pip x 30 is $4300
with my old ways.
FTMO $100k@ 1% risk would be 10 lots or $100/PIP x 25 is $2500
That is a BIG difference.
If I had enough "Donated Capital" from earlier in the day that result could be double.

[aliassmith]

Haha. Thought I was the kid that was to slow to realize he was being made fun of for a sec.

I'm gonna go out on a limb and say doji is restricting his size. If I remember correctly, when he started sharing the doji box, he just started in futures and was gunning for 1k a day. I'm guessing it's more close to 100k now a days.

But uncle FTMO closed the week at 12k profit per account

Whatever he is doing 10% a month on $400k is $36k from FTMO. I think he would like that.

Or he could get 3 of these bad boys. 10% of 6 million is just stupid. Over 7 million a year

I am kinda partial to this $50k one.

With 3 accounts you basically get $2 million compared to profit split and it takes 60% each to max it out.
The one you mentioned would be $3 million compared to profit split and it takes 140% each to max out.