The CFTC has long been criticized by members of Congress for not coming down harder on traders when they are found to be manipulating prices, even as U. The closer you are to retirement, the shorter your time horizon. I would appreciate a witness account of the thickness of the Chinese walls between Hiq and Degiro. If the foreign corporation has any "sub-part F income", the U.
Hedge fund laws, starting a hedge fund, news and events…
The only way anyone could successfully trade these huge sizes and successfully trade for high net-worth clients, is by having complete and utter control of their minds and actions in the market. The ability to change how you think about the money in your trading account is what you really need to succeed at this game. What professional hedge fund traders know and do, is think about the accounts they trade as score boards, keeping score in a giant world-wide game.
The ONLY true weapon you have as a small retail trader, is not allowing yourself to be affected by the money you have at risk in your account.
This can be accomplished a number of different ways: Have you ever traded a demo account successfully and then when you transitioned over to a real account you blew it out in a month?
Why did this happen? The first step in achieving anything in life is convincing yourself you can do it and really believing it. Do you think a hedge-fund manager or simply a trader with a million-dollar account is sitting in front of his screens everyday, day trading? Would you do that if you had a large trading account? Hedge-fund traders do a lot of research, they have access to information that regular retail traders do not. They take a macro view of events and then check for opportunities via the price action on the charts.
They are not just diving in and out of the market all day because some line crossed over another line sounds stupid because it is. The advantage that you have as a smaller retail trader, is price action is the great equalizer, the true footprint of money on the charts, it literally shows you what the hedge funds are doing.
Then, you can combine that price action analysis with sickening self-control, consistency and discipline in your trading. How would a hedge-fund trade a big account? This is what I teach, this is how I trade. One or two good trades a month is all you really need. You may have to wait patiently like a crocodile for days or even weeks either for an ideal trade to form or maybe for one you entered to play out.
Either way, this slow, methodical approach, is what works. Using price action and intense self-discipline is how you will make your money as a smaller retail trader. So, you have to fake it, until you make it.
Until you can trade a small account successfully over a significant period of time, you will not be able to trad a larger account successfully. You know that dream you have in your head? The one where you are trading from a beach and making thousands of dollars per week without having to be stuck in traffic or talked down to by some a-hole boss?
I have done it, and so can you. What you have to understand and truly believe, is that trading is a game that is almost entirely mental. Whilst that stuff IS important, what you do with the trading method you use and learning how and when to implement it, is more important.
What professional hedge-fund managers either instinctively know or have learned through much trial and error, is that the trade entry is not the hardest part of trading. The hardest part is what happens after that; how you process the feelings that come along with trading, your thoughts, your hopes and fears. I have spent the better part of my adult life being intimately connected with global financial markets, trading and investing is quite frankly my life-force. The lessons I share with you on this blog and in my trading course and members area, are literally what keeps me going.
My entire existence and happiness is pinned to the idea of sharing my experiences with aspiring traders so that they can feel what I feel every day.
I want you to have that feeling and am telling you that it is possible if you simply change how you think about the money in your trading account and remember that you have the power to control how you feel and how you behave. Once you take that power back, you are on the right track. What did you think of this lesson? Your articles are very interesting.. Hopefuly, once we understand the core concepts ur sharing, we hope to materialize the actual trade strategies.
God bless you Dear. I want to learn trading so bad. I am new to this but its my dream to be free to live my life the way I want to.. This was a great article. Discovering this core educative forex blog of yours is so far one of the best things that has happened in my trading career. Thanks Nial for this wonderful great lesson. As you have written, what I need to bear in mind is consistency, discipline and low frequency trading. I will try my best.
When I started trading, I had an adviser on the phone. Every few days he said what to buy or sell. For about half a year, a regular profit accrued automatically. The position reached a profit level of about a week and automatically closed. I did not have to do anything. I just checked how it goes. He replied that he knew about it, but it is also possible.
So it was trade without SL. There were advantages and disadvantages. I did not have to do anything, but I did not learn anything, irritated phones at different times of the day.
I was dependent on the adviser. The last gold transaction lasted about two weeks. Day by day I lost my previous profit and waited for the adviser to call.
When I called, someone else answered. I closed the trade, when almost all six months of profits melted and only some remained. I also paid out all the money from the bill and then the consultant called. This shows that there is a very important reason for motivation. Usually, this is your own ambition to create an elite school or business, etc.
Because they generate profits, they are especially taught for all-day trading. This is how it happens. He has a different source of livelihood, and teaches motivated by joy or to see the joy of others. This happens to exceptional enthusiasts who are so good at their profession that they are not afraid of money and are exceptionally generous. Another masterpiece from the price action Doctor. Quality over quantity of trades is the lesson i am picking from this piece. But your money management and psychology articles are my best…your articles after my morning prayers are sure the next thing i read before going to work as i hope to someday stop work and be my own boss… thanks Niall God bless you richly for this knowledge and experience shared.
Hope to visit someday…. This is a powerful article, without controlling our minds in the markets we will never make it. Thank you sir may God bless you. This is a powerful article ,without controlling our minds in the markets we will never make it. After trying most strategies and indicators I realized the end of my account is near, I started trading naked price action as per your previous lessons.
I believe l can and will be successful with the your learnings. Hunter brazenly appealed, taking the case to the U. Court of Appeals for District of Columbia Circuit and arguing that FERC did not have any jurisdiction over the futures markets where he was trading — and won. These were later used as evidence against him by U. Having fought long and hard for the right to apprehend Hunter, the CFTC finally got its moment to pursue him in April , when the U.
But the CFTC did neither. In the settlement with the CFTC announced Monday — which still requires court approval — Hunter will pay a fine but will be allowed to continue trading -- but with restrictions. Hunter is permanently banned from trading during final settlement periods for all CFTC-regulated products in general, and banned from trading during the daily closing period for all CFTC-related natural gas products in particular.
Historically, the CFTC does not typically tailor trading bans so tightly. Bonus offers are correct as listed on the Mega Trader FX website and may differ from those advertised on 3rd party websites. Why Mega Trader FX? German can legally save Europe German WPI higher than expecte Slowdown in job creation in Am Swiss frank is falling against Benchmark rate of ECB remained Revised GDP -- September 6, The economic crisis can be clo