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Which products do you/do you intend to trade mainly?  

314 members have voted

  1. 1. Which products do you/do you intend to trade mainly?

    • Agriculture
      46
    • Energy
      95
    • Equities
      197
    • Equity Index
      138
    • FX
      234
    • Interest Rate
      39
    • Metals
      100
    • Other
      79


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hi TL community,

 

just happened upon TL through a link, and am now in hour four reading through forums and threads..great venue for newbies such as myself, as well as experienced "bies."

i was looking for a forum of like-minded traders to share knowledge, ideas, so I'm very happy to have found the TL site :) any suggestions for following certain forums, threads, is greatly appreciated.

 

 

Welcome to TL Progman,

What type of instruments are you trading ?

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hi Mystic,

 

thanks for reply.

I'm actually in a holding pattern right now. Had been trading options, almost exclusively Apple, last few mos of 2013. Decided to take the plunge into full-time trading in the new year, but have hit a snag with biz formation issues.

Had been in contact with Traders' Accounting, in Phoenix, and was going to use them for coaching and bookkeeping set-ups, yet my research uncovered quite a bit of negative feedback of the co. This bore out my initial reservations about not using a local CPA with knowledge of traders' acctg and taxation methodologies, as well as Traders' Acctg's seemingly high pricing structures, especially for entity formation.

I've since formed my multiple-entity LLC with NYS, which was easy and painless, despite Traders' dire warnings not to do "anything without speaking first with your coach." However, my entity was formed using much of Traders' initial consultation advice, and I'm unsure if my LLC is in fact the best way to go, i.e., does it really allow for distributions which are not considered income and therefore not subject to self-employment taxes, and so many more questions!!

So here I sit, unfunded and unhappy, unsure how to proceed..

Your feedback is greatly appreciated!

 

BH

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Hello, I'm Venkatbabu from India.

I'm new for trading and I'm interested in learning AFL Lanfuage

 

I need afl for a candles price average (High+Low+Close) at specific time

For example:

In 10 min timeframe I want average price of candle which appeared at 3.00 PM, also with volume

Experts please help

Thanks in advance.

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Excited to have just joined a new forum! Looking forward to hearing new ideas on trading and sharing my own experiences!

 

Welome Dragons-Den,

 

Please do share your experiences . And don't be afraid to ask questions.

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Just joined, i have been trading for 10 years. Currently specialize in trading crude oil futures. I also do a little bit of c# programming on the side.

 

Hi TradersNewsDeck, welcome to Traderslaboratory ! Hope you enjoy your time here.

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Hi, Im new to this forum, actually this is my first forum i've ever joined. So i'm excited to try this out and stay active with this forum and great people on here. I've been trading, wait, investing for a couple years now where now i want to start day trading. I am learning the in's and out's but what I am finding is that EVERYTHING AND EVERYONE tells me something completely different from strategies to terms to styles, etc...

 

I'm from Canada (Yes, my Mayor smokes crack...) and I want to aim big- meaning my goal is to open a day trading floor. I did mess around with day trading but now i want to take it to the next level.

 

Any advice people? Please, lets be honest and serious.

 

Thanks gang!

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Hi, Im new to this forum, actually this is my first forum i've ever joined. So i'm excited to try this out and stay active with this forum and great people on here. I've been trading, wait, investing for a couple years now where now i want to start day trading. I am learning the in's and out's but what I am finding is that EVERYTHING AND EVERYONE tells me something completely different from strategies to terms to styles, etc...

 

I'm from Canada (Yes, my Mayor smokes crack...) and I want to aim big- meaning my goal is to open a day trading floor. I did mess around with day trading but now i want to take it to the next level.

 

Any advice people? Please, lets be honest and serious.

 

Thanks gang!

 

Hi kookiemonster,

You must have emigrated from South Africa or Holland , with a name like that.

You will waste years of your life, and lots of money with your new venture.:doh:

This is not the thread to give advice, but for what its worth.......:(

You have to find a mentor to shorten the learning curve.

And by a mentor I mean a local trader in your area who will help.

Even if you have to pay for it.:crap:And with all the sharks out there you will pay more than once.:crap:

Imagine deciding you want to become a professional golfer. :roll eyes:

Do you think reading 100 books will make you a professional golfer ?:confused:

I rest my case.

kind regards

bobc

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Hi There Everyone!

 

I've dabbled in day trading stocks, options, and even the forex off and on for a while now, and have never met with any real success.

 

What I'm hoping to learn here is consistency and discipline to build a smart automated trading platform.. Looking for trades to capitalize on over a week to a few months. I want to combine my love of programming and make some serious cash on the markets. Daunting analytically programs come natural to me, so if you've got a winning strategy, I'm the guy who can implement it.

 

About Me: This isn't my first go round with predictive algorithm software. This past season in the NFL, I built and maintained a predictive program that picked winning NFL teams called fantasy mainframe. The software would participate in cash salary leagues, and had a winning percentage of over 70%. The point is not to brag, but to look at the possibility of doing something similar with stocks. The NFL program looked at players on an individual basis and compared them with upcoming opponents, and then would rank them accordingly. I believe the same principles could be applied to stocks and options. A program would be more thorough and faster than it's human counterparts. I'm just not sure what disciplines or what to build into a program to make it effective - which is where partnering with you folks would come into play ;)

 

I don't have a tremendous bank roll, but should have enough to get started. In total, I have about $14k at play in the stock market. Prior to testing it live, I'd like to use a dummy account on any stuff we were to develop. Any tips that could point me in the right direction could be very helpful - stuff like books to ready, strategies you recommend, forum posts to follow up on, etc. Anyone who is interested in maybe teaming up can post here or email me at fantasymainframe at gmail dot com.

 

TIA! Jeff :)

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Hi There Everyone!

 

I've dabbled in day trading stocks, options, and even the forex off and on for a while now, and have never met with any real success.

 

What I'm hoping to learn here is consistency and discipline to build a smart automated trading platform.. Looking for trades to capitalize on over a week to a few months. I want to combine my love of programming and make some serious cash on the markets. Daunting analytically programs come natural to me, so if you've got a winning strategy, I'm the guy who can implement it.

 

About Me: This isn't my first go round with predictive algorithm software. This past season in the NFL, I built and maintained a predictive program that picked winning NFL teams called fantasy mainframe. The software would participate in cash salary leagues, and had a winning percentage of over 70%. The point is not to brag, but to look at the possibility of doing something similar with stocks. The NFL program looked at players on an individual basis and compared them with upcoming opponents, and then would rank them accordingly. I believe the same principles could be applied to stocks and options. A program would be more thorough and faster than it's human counterparts. I'm just not sure what disciplines or what to build into a program to make it effective - which is where partnering with you folks would come into play ;)

 

I don't have a tremendous bank roll, but should have enough to get started. In total, I have about $14k at play in the stock market. Prior to testing it live, I'd like to use a dummy account on any stuff we were to develop. Any tips that could point me in the right direction could be very helpful - stuff like books to ready, strategies you recommend, forum posts to follow up on, etc. Anyone who is interested in maybe teaming up can post here or email me at fantasymainframe at gmail dot com.

 

TIA! Jeff :)

 

Hi Jeff and welcome,

 

I am sure you will find here a lot of useful stuff.

 

TW

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Dear All

 

Am a trader from India. Am using an Indian software called Falcon 7 - which provides most of the Indicators provided in software like Metastock, TradeStation etc. Am hoping to learn from this forum as well as share my learnings on this forum.

 

Cheers

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Dear All

 

Am a trader from India. Am using an Indian software called Falcon 7 - which provides most of the Indicators provided in software like Metastock, TradeStation etc. Am hoping to learn from this forum as well as share my learnings on this forum.

 

Cheers

 

Welcome to the forum...

 

As I understand it, the Falcon7 trading platform is widely used by traders in India and is a robust software. This forum has a great deal of information concerning the use of various indicators. Please make use of the "Advanced Search" to find specific information.

 

Best of good fortunes to you.

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Guest OILFXPRO
Welcome to the forum...

 

As I understand it, the Falcon7 trading platform is widely used by traders in India and is a robust software. This forum has a great deal of information concerning the use of various indicators. Please make use of the "Advanced Search" to find specific information.

 

Best of good fortunes to you.

 

Hi Jenny

 

You must kill a snake , before they believe u ....,,,,red indians,

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Hi Jenny

 

You must kill a snake , before they believe u ....,,,,red indians,

 

Speaking of killing snakes...

 

If you have something to say, why don't you write in a clear manner? If you are trying to make a statement... make one; no one can read you clearly otherwise.

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Guest OILFXPRO
Speaking of killing snakes...

 

If you have something to say, why don't you write in a clear manner? If you are trying to make a statement... make one; no one can read you clearly otherwise.

 

Killing a snale means showing strength and boldness , if you never killed a cobra , means no fuzzy talk .

 

So show some proof of using any of these indicators profitablywith diagrams , would be better than some useless indicators.Otherwise it would be snakes and knickers.

indicator.jpg.b730bde7ded4add880a07f294c2a1ad1.jpg

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    • Date: 18th April 2024. Market News – Stock markets benefit from Dollar correction. Economic Indicators & Central Banks:   Technical buying, bargain hunting, and risk aversion helped Treasuries rally and unwind recent losses. Yields dropped from the recent 2024 highs. Asian stock markets strengthened, as the US Dollar corrected in the wake of comments from Japan’s currency chief Masato Kanda, who said G7 countries continue to stress that excessive swings and disorderly moves in the foreign exchange market were harmful for economies. US Stockpiles expanded to 10-month high. The data overshadowed the impact of geopolitical tensions in the Middle East as traders await Israel’s response to Iran’s unprecedented recent attack. President Joe Biden called for higher tariffs on imports of Chinese steel and aluminum.   Financial Markets Performance:   The USDIndex stumbled, falling to 105.66 at the end of the day from the intraday high of 106.48. It lost ground against most of its G10 peers. There wasn’t much on the calendar to provide new direction. USDJPY lows retesting the 154 bottom! NOT an intervention yet. BoJ/MoF USDJPY intervention happens when there is more than 100+ pip move in seconds, not 50 pips. USOIL slumped by 3% near $82, as US crude inventories rose by 2.7 million barrels last week, hitting the highest level since last June, while gauges of fuel demand declined. Gold strengthened as the dollar weakened and bullion is trading at $2378.44 per ounce. Market Trends:   Wall Street closed in the red after opening with small corrective gains. The NASDAQ underperformed, slumping -1.15%, with the S&P500 -0.58% lower, while the Dow lost -0.12. The Nikkei closed 0.2% higher, the Hang Seng gained more than 1. European and US futures are finding buyers. A gauge of global chip stocks and AI bellwether Nvidia Corp. have both fallen into a technical correction. The TMSC reported its first profit rise in a year, after strong AI demand revived growth at the world’s biggest contract chipmaker. The main chipmaker to Apple Inc. and Nvidia Corp. recorded a 9% rise in net income, beating estimates. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 17th April 2024. Market News – Appetite for risk-taking remains weak. Economic Indicators & Central Banks:   Stocks, Treasury yields and US Dollar stay firmed. Fed Chair Powell added to the recent sell off. His slightly more hawkish tone further priced out chances for any imminent action and the timing of a cut was pushed out further. He suggested if higher inflation does persist, the Fed will hold rates steady “for as long as needed.” Implied Fed Fund: There remains no real chance for a move on May 1 and at their intraday highs the June implied funds rate future showed only 5 bps, while July reflected only 10 bps. And a full 25 bps was not priced in until November, with 38 bps in cuts seen for 2024. US & EU Economies Diverging: Lagarde says ECB is moving toward rate cuts – if there are no major shocks. UK March CPI inflation falls less than expected. Output price inflation has started to nudge higher, despite another decline in input prices. Together with yesterday’s higher than expected wage numbers, the data will add to the arguments of the hawks at the BoE, which remain very reluctant to contemplate rate cuts. Canada CPI rose 0.6% in March, double the 0.3% February increase BUT core eased. The doors are still open for a possible cut at the next BoC meeting on June 5. IMF revised up its global growth forecast for 2024 with inflation easing, in its new World Economic Outlook. This is consistent with a global soft landing, according to the report. Financial Markets Performance:   USDJPY also inched up to 154.67 on expectations the BoJ will remain accommodative and as the market challenges a perceived 155 red line for MoF intervention. USOIL prices slipped -0.15% to $84.20 per barrel. Gold rose 0.24% to $2389.11 per ounce, a new record closing high as geopolitical risks overshadowed the impacts of rising rates and the stronger dollar. Market Trends:   Wall Street waffled either side of unchanged on the day amid dimming rate cut potential, rising yields, and earnings. The major indexes closed mixed with the Dow up 0.17%, while the S&P500 and NASDAQ lost -0.21% and -0.12%, respectively. Asian stock markets mostly corrected again, with Japanese bourses underperforming and the Nikkei down -1.3%. Mainland China bourses were a notable exception and the CSI 300 rallied 1.4%, but the MSCI Asia Pacific index came close to erasing the gains for this year. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.vvvvvvv
    • Date: 16th April 2024. Market News – Stocks and currencies sell off; USD up. Economic Indicators & Central Banks:   Stocks and currencies sell off, while the US Dollar picks up haven flows. Treasuries yields spiked again to fresh 2024 peaks before paring losses into the close, post, the stronger than expected retail sales eliciting a broad sell off in the markets. Rates surged as the data pushed rate cut bets further into the future with July now less than a 50-50 chance. Wall Street finished with steep declines led by tech. Stocks opened in the green on a relief trade after Israel repulsed the well advertised attack from Iran on Sunday. But equities turned sharply lower and extended last week’s declines amid the rise in yields. Investor concerns were intensified as Israel threatened retaliation. There’s growing anxiety over earnings even after a big beat from Goldman Sachs. UK labor market data was mixed, as the ILO unemployment rate unexpectedly lifted, while wage growth came in higher than anticipated – The data suggests that the labor market is catching up with the recession. Mixed messages then for the BoE. China grew by 5.3% in Q1 however the numbers are causing a lot of doubts over sustainability of this growth. The bounce came in the first 2 months of the year. In March, growth in retail sales slumped and industrial output decelerated below forecasts, suggesting challenges on the horizon. Today: Germany ZEW, US housing starts & industrial production, Fed Vice Chair Philip Jefferson speech, BOE Bailey speech & IMF outlook. Earnings releases: Morgan Stanley and Bank of America. Financial Markets Performance:   The US Dollar rallied to 106.19 after testing 106.25, gaining against JPY and rising to 154.23, despite intervention risk. Yen traders started to see the 160 mark as the next Resistance level. Gold surged 1.76% to $2386 per ounce amid geopolitical risks and Chinese buying, even as the USD firmed and yields climbed. USOIL is flat at $85 per barrel. Market Trends:   Breaks of key technical levels exacerbated the sell off. Tech was the big loser with the NASDAQ plunging -1.79% to 15,885 while the S&P500 dropped -1.20% to 5061, with the Dow sliding -0.65% to 37,735. The S&P had the biggest 2-day sell off since March 2023. Nikkei and ASX lost -1.9% and -1.8% respectively, and the Hang Seng is down -2.1%. European bourses are down more than -1% and US futures are also in the red. CTA selling tsunami: “Just a few points lower CTAs will for the first time this year start selling in size, to add insult to injury, we are breaking major trend-lines in equities and the gamma stabilizer is totally gone.” Short term CTA threshold levels are kicking in big time according to GS. Medium term is 4873 (most important) while the long term level is at 4605. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date: 15th April 2024. Market News – Negative Reversion; Safe Havens Rally. Trading Leveraged Products is risky Economic Indicators & Central Banks:   Markets weigh risk of retaliation cycle in Middle East. Initially the retaliatory strike from Iran on Israel fostered a haven bid, into bonds, gold and other haven assets, as it threatens a wider regional conflict. However, this morning, Oil and Asian equity markets were muted as traders shrugged off fears of a war escalation in the Middle East. Iran said “the matter can be deemed concluded”, and President Joe Biden has called on Israel to exercise restraint following Iran’s drone and missile strike, as part of Washington’s efforts to ease tensions in the Middle East and minimize the likelihood of a widespread regional conflict. New US and UK sanctions banned deliveries of Russian supplies, i.e. key industrial metals, produced after midnight on Friday. Aluminum jumped 9.4%, nickel rose 8.8%, suggesting brokers are bracing for major supply chain disruption. Financial Markets Performance:   The USDIndex fell back from highs over 106 to currently 105.70. The Yen dip against USD to 153.85. USOIL settled lower at 84.50 per barrel and Gold is trading below session highs at currently $2357.92 per ounce. Copper, more liquid and driven by the global economy over recent weeks, was more subdued this morning. Currently at $4.3180. Market Trends:   Asian stock markets traded mixed, but European and US futures are slightly higher after a tough session on Friday and yields have picked up. Mainland China bourses outperformed overnight, after Beijing offered renewed regulatory support. The PBOC meanwhile left the 1-year MLF rate unchanged, while once again draining funds from the system. Nikkei slipped 1% to 39,114.19. On Friday, NASDAQ slumped -1.62% to 16,175, unwinding most of Thursday’s 1.68% jump to a new all-time high at 16,442. The S&P500 fell -1.46% and the Dow dropped 1.24%. Declines were broadbased with all 11 sectors of the S&P finishing in the red. JPMorgan Chase sank 6.5% despite reporting stronger profit in Q1. The nation’s largest bank gave a forecast for a key source of income this year that fell below Wall Street’s estimate, calling for only modest growth. Apple shipments drop by 10% in Q1. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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