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Concrete steps to success

Hello dear traders,

In the last few weeks we have analyzed 36 different trading challenges that can cause us massive problems in the long run. In my last video, we already discussed some solutions that we will now specify in the next 4 videos. In today's post I will show you how to find a good provider, how to improve your ping values, how to find your optimal broker and get helpful indicators that you can download for free from my blog at Forex Factory. This enables you to reach your goals even faster without having to hire an expensive trading coach.



Here are the indicators for download

https://www.forexfactory.com/thread/...6#post14551366

I wish you much success

Greetings Michael

Final steps to success

Hello dear traders,

in today's video you get my trading chart with an invisible stoploss and we talk about the crucial tick chart. In addition, today you will receive exclusive tones for the forex market and a volume indicator for the forex market that I developed, which comes very close to the futures market. In addition, you will receive a DoM specially created by me for the ATAS trading software for the future market. Of course, you can also download all of this data for free from my German blog afterwards.



Here are the indicators for download

https://www.forexfactory.com/thread/...1#post14588651

I wish you much success

Greetings Michael

Txs for the answer, it gives some interesting food for thought

Hello Thomas, you can find a video from me on this topic here. Kind regards, Michael

More steps to success

Hello dear traders,

in my last video concrete steps to success, I gave you some tips on how to optimize your internet speed and ping values. In addition, we talked about an efficient workplace and the task was to select five different brokers from the Internet, open a demo account there and analyze the individual brokers with the spread indicator I provided. In today's video I will show you how you can find the optimal broker with your evaluated data and you will also receive a very interesting Excel spreadsheet and three helpful charts in the form of MT4 templates that you can download for free from my German blog at Forex Factory .



Here are the indicators for download

https://www.forexfactory.com/thread/...3#post14569583

I wish you much success

Greetings Michael

On the way to breakeven

Hello dear traders,

In the last few weeks we have talked very intensively about a clear approach and I have provided you with concrete templates from the Forex and Futures market, which you could download from my blog at Forex Factory. In today's article we'll talk about which future data is interesting and how you can even get stock market software for free. You will also receive further important information about the future market in my PDF file.



Here is the information on how to get free stock market software

https://www.forexfactory.com/thread/...3#post14608283

I wish you much success

Kind regards, Michael

Final steps to success

Hello dear traders,

in today's video you get my trading chart with an invisible stoploss and we talk about the crucial tick chart. In addition, today you will receive exclusive tones for the forex market and a volume indicator for the forex market that I developed, which comes very close to the futures market. In addition, you will receive a DoM specially created by me for the ATAS trading software for the future market. Of course, you can also download all of this data for free from my German blog afterwards.



Here are the indicators for download

https://www.forexfactory.com/thread/...1#post14588651

I wish you much success

Greetings Michael

On the way to breakeven

Hello dear traders,

in the last few weeks we have talked very intensively about a clear approach, and I have provided you with concrete templates from the Forex and futures market, which you could download from my blog at Forex Factory. In today's article we'll talk about which future data is interesting and how you can even get stock market software for free.



Here is the information on how to get a free stock market software

https://www.forexfactory.com/thread/...3#post14608283

If you can't get into the secured area, watch this video first



I wish you much success
Greetings Michael

My market strategy


Hello dear traders,

in today's post we'll talk about my market strategy and what information I use to make my trading decisions. I'll also show you a market analysis that doesn't exist yet. This makes it even possible to see where the market is going for a few seconds in the future.



I wish you a successful trading week

Kind regards, Michael

Do you have an English version, sir?

Hello zkchyo, yes of course it will be published this week. Kind regards, Michael

Thx sir!

My market strategy

Hello dear traders,

in today's post we'll talk about my market strategy and what information I use to make my trading decisions. I'll also show you a market analysis that doesn't exist yet. This makes it even possible to see where the market is going, for a few seconds in the future.



I wish you much success

Greetings Michael

Hello Michael, thank you for the formula and the idea of indicator.

I'm currently working on the code of Dom Power, who gives some interesting informations,
which sometimes predict the future some seconds before a move ! That's great to observe
but it is quite bugged unfortunately,
if you test it several times in market replay, the indicator gives different numbers :/ .
ATAS has difficulties to give to grab fast datas from the DOM it seems.
(i have the problem with the indicator from ATAS and our own code)

have you worked around these DOM datas ? Have you find some solutions about this kind of problems ?

Hello thomas, I work with different stock market software programs and so far I haven't had any problems. Maybe this is due to my 1000 Mbit/s data line with a 4ms ping and very fast hardware. If you have problems with ATAS, I recommend you contact English-speaking support or ask ATAS API developers. (https://t.me/+Afb9R7MEDqY3MDUy) They should be able to help you. Kind regards, Michael

Tricks of the big players


Hello dear traders,

In today's article we'll talk about a particularly nasty trick the big players use to ensure that you automatically take on a higher risk than you were originally prepared to invest. Of course, we will also talk about how you can reduce these risks in the future. This has happened to each of us. We get into a trade and suddenly realize we've been executed much later, or we get stopped out and wonder why we lost three times as much as our stop was originally set. This wasn't a billing error on the part of our broker, but rather a tough calculation by the big players. Let’s look at some examples.



I wish you a nice weekend and good luck in trading next week.

Kind regards, Michael

Trading software the great unknown in trading


Hello dear traders,

in order to trade you basically don't need much, a computer or smartphone, internet access, a broker and trading software. But opinions differ here because trading depends exclusively on probabilities. These days it's all about milliseconds and for this reason the ping times of the internet line play a very important role. Since smartphones or iPads achieve disastrous ping times, a professional trader should only work with a computer connected to the Internet via a LAN cable. In addition, the hardware of the computer should be coordinated with the stock exchange software used in order to avoid any surprises in periods of high volatility. Another important aspect is the broker, who can earn up to half of your income depending on your trading strategy. We talked about this in great detail in my last videos. Since a broker's total fees are rarely presented transparently, you can use my published tools to compare fees efficiently. The right trading software is also crucial for your future success.

The trading software forms the interface between your trading computer and the broker. This allows you to transmit orders, open or close positions, analyze charts and track historical price trends. If you already trade CFDs through a broker, you probably already have experience with MT4, MT5 or the broker's in-house trading platforms.

Trading in the browser means that you don't have to download and install any programs in advance. You log in to the broker's website and can start trading immediately on their website. The big advantage is that this works on all operating systems. The disadvantage: As a rule, the software does not work as quickly and reliably as a downloaded application. Crashes can occasionally occur, especially with Flash and Java based applications. You can download different forms of trading software for Windows, iOS or Linux, which are then permanently installed on your PC. My preferred variant is a desktop trading software for Windows, as the stock market software programs run very stable under Windows.

While trading software from the Forex market only provides limited price data, in the stock exchange market this is somewhat more extensive due to the volume data. Basically, you can use trading software from the stock market to analyze and trade financial instruments such as bonds, stocks, futures, foreign exchange and options. In today's article we want to focus exclusively on the future markets.

When I dealt with futures data, I researched for many months to find the best stock market software for me. I analyzed the following providers, among others, in alphabetical order:

ATAS, Bookmap, Jigsaw, Meta Trader 5, MultiCharts, Ninja Trader, Quantower, Sierrachart, TradingView and Volfix.

Basically, each of these providers has advantages and disadvantages, which I cannot go into in detail here due to the scope. Nevertheless, I would recommend that you analyze these ten providers in more detail in order to find the best one for you. As far as I know, almost all providers offer the option to test a free demo version. The problem is that every trader has different approaches to trading, which also places different requirements on stock exchange software. Looking at Trustpilot reviews, the ranking of the stock exchange software looks like this:



However, this is not representative because the requirements are different. A father with 3 children would definitely give a Porsche 911 2 stars because he cannot transport the children with it. And that has nothing to do with the Porsche being a bad vehicle. So it always depends on the individual situation. In my opinion, the 10 providers are excellent stock market software, but they are not suitable for everyone. That's why you should do your own comparison.

Good stock market software translates the fast-moving data from the futures market into a graphical representation using charting and analysis tools, which should be changed to enable a trader to make more efficient trading decisions. The goal: to increase returns and minimize risks. Some traders prefer a simple interface to easily buy and sell futures. Others expect their broker to provide a professional trading platform with special trading tools for extensive analysis options. Good trading software not only creates the technical requirements for buying and selling futures, but also offers many other functions that make trading faster and more efficient - from the supply of price data to various chart displays and analysis options to the transmission of complex orders and Use of trading algorithms. As you know, I analyze the algorithms of the big players, for this I use ATAS, Quantower, RTD Excel and MT4, which incidentally only scores 1.7 points on Trustpilot. Nevertheless, this compilation is optimal for my approach to trading. This option can change at any time, as the market is constantly changing.

In the first eight years of my trading career, I focused exclusively on reaching my break-even point in the Forex market and then optimizing profits. Only when I couldn't get any further with it did I look into the future data in order to penetrate even deeper into the market. This decision was the right one because it significantly optimized my winning percentage. Nevertheless, I would like to emphasize again at this point that you do not need future data to reach your break-even point sustainably. That's why I recommend first breaking even with 0.01 lot and then building on that. This saves you a lot of money.

As we have already discussed, from a risk perspective, it makes more sense to trade in the Forex market while using futures data to make better trading decisions. English brokers tend to be leaders in CFDs and American brokers are leaders in futures. This is particularly noticeable in the prices. After the additional payment obligation for futures was banned in Germany, the leverage was reduced and the prices increased at the same time. Anyone who actually trades futures has significantly greater security with a German broker than in America. For those of you who just want to get the future data without actually making a trade, brokers in America are a much better choice.

With AMP Futures you get the data of all currency pairs via CQG from $13 per month. You can also use the stock market software from Quantower or Multi Charts for free. Simply enter “Free Multicharts” or “Free Quantower” into Google. After you have entered your name and email address, you can download the respective exchange platform. You will receive a four-week free demo account via AMP via your email address, which you can use to try out the respective platform. If the data actually helps you, you can still consider opening an account with AMP. However, you should have a command of the English language. Please note that this is the current status as of October 2023 and of course I do not know whether this offer will also be available in the future.



At this point I would like to emphasize once again that I do not receive any commissions or agency fees for my recommendations. I am exclusively a trader and do not own a business. Before you open an account with AMP-Futures, I recommend that you open a demo account to first get a feel for the stock market data. You can get extensive information about Quantower or Multi Charts on YouTube. Furthermore, I would generally recommend that you obtain detailed information on the Internet before you decide on something. This will save you a lot of money in the long run.

I keep my fingers crossed for you and wish you much success in trading.

Kind regards, Michael

Tricks of the big players

Hello dear traders,

In today's article we'll talk about a particularly nasty trick the big players use to ensure that you automatically take on a higher risk than you were originally prepared to invest. Of course, we will also talk about how you can reduce these risks in the future. This has happened to each of us. We get into a trade and suddenly realize we've been executed much later, or we get stopped out and wonder why we lost three times as much as our stop was originally set. This wasn't a billing error on the part of our broker, but rather a tough calculation by the big players. Let’s look at some examples.



I wish you a nice weekend and good luck in trading next week.

Kind regards, Michael

Your indicator works so well with VSA Concepts.
Keep the good work, Im very impressed of the high amount of content shared on youtube.

Im studying it and watching everyday !

Erfahrener Programmierer C#, C++, für gemeinsame Projektarbeit gesucht


Hallo liebe Trader,

ich bin seit 13 Jahren Trader und habe im Jahr 2018 bei Oracle zunächst den Certified Associate, dann den Certified Professional und schließlich den Certified Master in Java absolviert, um die Grundlagen von Indikatoren zu verstehen. In den letzten Jahren habe ich einige Indikatoren programmiert, die meine Arbeit als Trader unterstützen. Allerdings wurde mir schnell klar, dass ich meine Kreativität im Trading, leider nicht in effizienten Code umsetzen kann, da mir dafür die notwendige Erfahrung fehlt. Trader sowie Programmierer sind Künstler: nicht nur im Sinne von Können, sondern auch unter ästhetischen Gesichtspunkten. Obwohl ich für Java über 12.000 € und mehr als 4.000 Stunden aufgewendet habe, werde ich nie die Erfahrung erreichen, wie im Algorithmen Trading.

Vielleicht gibt es irgendwo da draußen einen Programmierer, bei dem es gerade umgekehrt ist. Er würde gerne im Trading weiterkommen, weiß aber nicht wie. Die Lösung liegt in einer gemeinsamen Projektarbeit, indem man die jeweiligen Stärken und Fähigkeiten miteinander verknüpft, um damit die Ziele schneller zu erreichen. Quit pro Quo, eine Hand wäscht die andere.

Allerdings wird das ausschließlich eine Projektarbeit mit maximal 2 Personen, alles andere ist für mich ineffizient.

Voraussetzungen:

Mindestalter 30 Jahre
Mindestens 10 Jahre Erfahrung in der Programmierung
Kommunikation in Deutsch
Grundlagen im Future Markt / Trading vorhanden

Wenn dir die weiterführenden Konzepte wie Generics, Interfaces, Exception-Handling, Delegat-Typen, Lambda-Expressions, LINQ, Laufzeit-Typinformationen und Reflektion, Vor- und selbstdefinierte Attribute, Multithreading, Task Parallel Library, Interoperabilität mit Fremdkomponenten und Memory-Management nicht unbekannt sind, ist das bereits eine gute Grundlage.

Optimal wäre es, wenn du aus Bayern oder Sachsen kommst.

Beachte bitte, dass eine gemeinsame Projektarbeit ausschließlich auf Vertrauen aufbaut, und das braucht seine Zeit. Du kannst mich gerne unter bionics bei GMX in Deutschland anschreiben. Dann können wir gerne miteinander kommunizieren.

Man braucht zwei Feuersteine, um ein Feuer zu entfachen.

Liebe Grüße Michael