Trading is surely the second oldest profession and has been prevalent throughout recorded history. It doesn't get much more traditional than that. Most of those doctors and hairdressers aren't running their own business. Small business has a high ...

Eventually. That doesn't help the skilled but under-capitalised trader living in the present. Such a trader will grow either by aggressively trading their own capital, and/or managing to pool the capital of others. This has nothing to do with 500:1 ...

By nature of its size and clients, an institution can't operate at the same level of aggression as a small, independent trader. An institution may not require more than 50:1, but a skilled trader on fast timeframes certainly can.

When cashed up speculators make a bet it's wreckless; when an ignorant family buys an overpriced house they can't afford, it's a tragedy . The mob is always looking for a scapegoat.

Sure - I'll sell you mine for $9.99. Just forward me your bank account details and we'll get started on your path to success.

Think about the liquidation of positions that are funded by the yen.

No, but the networking may greatly boost a trader's longterm success. An excellent read, but I expect most people don't get much of it. Except in this case, the glacier contains uncountable pots of gold, and few skilled guides would care to lead ...

No you don't.

I'm not critising the setup, just suggesting that a beginner could easily get caught up in focusing too much on a few types of bar shapes, rather than learning to read the action. If someone needs a test to enter, they also need to see it. You ...

First, I want to point out that I'm not criticising your methods. Regarding trend trading: As I said before, I would say I trade a move rather than a trend. What is the difference? I think mainly that I look to make entries before a "trend trader" ...

Just set up a family trust and trustee company - you won't need a qualification. Talk to your accountant, not your lawyer.

Also note that the best trades start as "counter-trend". I would say I trade moves, rather than trends.

The point is that there is no one trend, and although I'm sure you know that, trend will vary between intraday timeframes as well. Each of those retracements upwards was a trend on a fast timeframe.

The trend is down? I don't position myself on a timeframe on which I'd be looking to short. My trading on fast timeframes serves only to build my position on slower timeframes. They're extremely cheap, tight entries that individually have a low ...

Possible. So far this looks like a typical half-way retrace with a nice run down here. Last 5m bar showed an ease of supply but not a new high. Time to sit and watch.

We're seeing a bit of a battle on this 5m candle. See where it finishes.

He was looking to go long, but no longer so after the new low.

IB caters to more than just smalltime retail. Why would they want to waste their resources on $1k accounts that generate minimal commissions?

If banks were the bogeymen many claim them to be, their profits would be far higher. The fact is that not many of the large entities are risk-hungry (i.e. intentionally seek it), perhaps there isn't enough skill to go around at those levels, or ...

I don't see the need to focus on terms. It may help with communication, but other than that it doesn't matter what we call it, as long as we understand it. VSA will have many people looking soley for tests etc, rather than understanding the action ...