There is a big difference between a retail trader and a hedge fund trader. This difference is called market depht. A small retail trader can open a 1 lot trade and ihe will not be noticed by market, because 1 lot is nothing. But a hedge fund can't open 10.000 lots in just one trade. This trade will cause a huge move in market, and his order will be filled in different levels. The other difference is the acceptable volatility. For a retail trader, 25% drawdown is acceptable. For a hedge fund, less than 10%.
Different things... A retail can trade for 10% monthly, an hedge fund for 3%.
Different things... A retail can trade for 10% monthly, an hedge fund for 3%.
Trade safely... Remember, a high Drawdown means a high risk!
vontogr
(togr)
Uczestnik z Feb 22, 2011
4862 postów
Jan 02 2019 at 10:50
Arcferreira posted:
There is a big difference between a retail trader and a hedge fund trader. This difference is called market depht. A small retail trader can open a 1 lot trade and ihe will not be noticed by market, because 1 lot is nothing. But a hedge fund can't open 10.000 lots in just one trade. This trade will cause a huge move in market, and his order will be filled in different levels. The other difference is the acceptable volatility. For a retail trader, 25% drawdown is acceptable. For a hedge fund, less than 10%.
Different things... A retail can trade for 10% monthly, an hedge fund for 3%.
That does not happen often
https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7862246/How-a-broker-spent-520m-in-a-drunken-stupor-and-moved-the-global-oil-price.html
togr posted:Arcferreira posted:
There is a big difference between a retail trader and a hedge fund trader. This difference is called market depht. A small retail trader can open a 1 lot trade and ihe will not be noticed by market, because 1 lot is nothing. But a hedge fund can't open 10.000 lots in just one trade. This trade will cause a huge move in market, and his order will be filled in different levels. The other difference is the acceptable volatility. For a retail trader, 25% drawdown is acceptable. For a hedge fund, less than 10%.
Different things... A retail can trade for 10% monthly, an hedge fund for 3%.
That does not happen often
https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7862246/How-a-broker-spent-520m-in-a-drunken-stupor-and-moved-the-global-oil-price.html
Yes, near 1/2 billion caused a destruction in oil market...
Trade safely... Remember, a high Drawdown means a high risk!
AniLorak
Uczestnik z Apr 18, 2017
920 postów
Jan 10 2019 at 05:48
Arcferreira posted:
There is a big difference between a retail trader and a hedge fund trader. This difference is called market depht. A small retail trader can open a 1 lot trade and ihe will not be noticed by market, because 1 lot is nothing. But a hedge fund can't open 10.000 lots in just one trade. This trade will cause a huge move in market, and his order will be filled in different levels. The other difference is the acceptable volatility. For a retail trader, 25% drawdown is acceptable. For a hedge fund, less than 10%.
Different things... A retail can trade for 10% monthly, an hedge fund for 3%.
Got your point; but there have so many traders who started their trading career as a retail trader but now they are the institutional payers!
NascarLover
Uczestnik z Jan 11, 2019
8 postów
Jan 11 2019 at 11:04
I don't know of ANY retail trader who went into institutional trading. Never heard or seen of anyone do that. Bank traders come straight out of college and then start trading. Retail traders are usually older and already have a day job
kieran
(snapdragon1970)
Uczestnik z Sep 12, 2015
1948 postów
Jan 11 2019 at 14:12
NascarLover posted:I was a retail trader before I got a job as a professional ,I know a few guys who started that way plus its good in an interview.
I don't know of ANY retail trader who went into institutional trading. Never heard or seen of anyone do that. Bank traders come straight out of college and then start trading. Retail traders are usually older and already have a day job
"They mistook leverage with genius".
Adribaasmet
Uczestnik z Aug 27, 2017
994 postów
Jan 13 2019 at 07:42
NascarLover posted:
I don't know of ANY retail trader who went into institutional trading. Never heard or seen of anyone do that. Bank traders come straight out of college and then start trading. Retail traders are usually older and already have a day job
It’s not common case mate! But I believe it’s possible! The sky has no limit.
Imamul
Uczestnik z Aug 09, 2017
770 postów
Jan 15 2019 at 11:21
Greed and emotions almost same. Generally beginners attacked by this common human nature. We can control this by proper trading practice as well great discipline.
Tcollinwood
Uczestnik z Jan 15, 2019
11 postów
Jan 15 2019 at 11:55
I think that it helps to start with a very small Lot size and then increase the amount very slowly (I am talking about the period of a year at least going from 0.01 to 0.1). I think that this helps control emotions and get used to trading with real money
jamesgwyther
Uczestnik z Aug 05, 2017
289 postów
Jan 16 2019 at 11:00
Emotions are everything in trading, emotions and mind set.
jamesgwyther
Uczestnik z Aug 05, 2017
289 postów
Jan 16 2019 at 11:04
It is why, although demo trading is great for getting to grips with strategy, live trading at small stakes is essential to develop your trading style.
vontogr
(togr)
Uczestnik z Feb 22, 2011
4862 postów
Jan 16 2019 at 13:55
Emotions makes us humans.
They also make us so bad traders.
They also make us so bad traders.
Adribaasmet
Uczestnik z Aug 27, 2017
994 postów
Jan 17 2019 at 07:34
togr posted:
Emotions makes us humans.
They also make us so bad traders.
True; but we need to make sure enough practice before playing with our own capital; we need to learn the tricks for the live trading.
Adribaasmet posted:togr posted:
Emotions makes us humans.
They also make us so bad traders.
True; but we need to make sure enough practice before playing with our own capital; we need to learn the tricks for the live trading.
Right. Not all of us get the successful trading for the first time.
AniLorak
Uczestnik z Apr 18, 2017
920 postów
Jan 20 2019 at 10:06
DFisher posted:Adribaasmet posted:togr posted:
Emotions makes us humans.
They also make us so bad traders.
True; but we need to make sure enough practice before playing with our own capital; we need to learn the tricks for the live trading.
Right. Not all of us get the successful trading for the first time.
No way; in my demo I faced MC for 4-5 times; although I used then 3-4% risk; basically consistent SL was my main problem.
togr posted:
Emotions makes us humans.
They also make us so bad traders.
if(emotions makes us humans && emotions makes us so bad traders){
Humans are so bad traders;
}else{
You are in 5%, who have profit;
You are an alien;
}
niceGLer
Uczestnik z Dec 28, 2013
171 postów
Jan 29 2019 at 14:53
In coming friday, the 1st of February is the NFP release day. I've decided to stay on sidelines until next week. That is emotionally difficult not to take any action. Almost depressing.
I didn't trade so much on demo. Instead, I tried to limit my losses until I get the grip from trading.
I didn't trade so much on demo. Instead, I tried to limit my losses until I get the grip from trading.
vontogr
(togr)
Uczestnik z Feb 22, 2011
4862 postów
Jan 29 2019 at 16:17
iamjacobs posted:togr posted:
Emotions makes us humans.
They also make us so bad traders.
if(emotions makes us humans && emotions makes us so bad traders){
Humans are so bad traders;
}else{
You are in 5%, who have profit;
You are an alien;
}
Human without emotion is not necessarily alien :)
niceGLer
Uczestnik z Dec 28, 2013
171 postów
Jan 29 2019 at 16:29
togr posted:Yeah. That is called a high functioning psychopath. I'd rather co-operate with a HFA psycho than a borderline who cannot control oneself ;)iamjacobs posted:togr posted:
Emotions makes us humans.
They also make us so bad traders.
if(emotions makes us humans && emotions makes us so bad traders){
Humans are so bad traders;
}else{
You are in 5%, who have profit;
You are an alien;
}
Human without emotion is not necessarily alien :)