Articles

Testing Deriv p2p Transfers

Testing Deriv p2p Transfers

239957   July 2, 2022 14:17   SwingFish   Traders Library Philosophy  

on the deriv platform they have a system that allows traders to exchange money (essentially moving funds from one to another account)

which is a pretty great idea!
(but I do have some doubts about the legal workings, as this walks a very thin path among the laundry path.)

well the benefit is clear, if you have issues getting transfers to work, other traders can “help you out”
it’s just like trading Forex, you decide the “exchange rate” when making your Bid or Ask, which will in terms define your fee/spread.

place the Ad of you buy or sell and wait for someone to pick it up.
pretty straightforward. so letÂ’s try it.

i placed a Buy Ad, but there was already someone Selling, so i went to that one.

placed my offer, made the transfer, and now itÂ’s waiting timeÂ…

20 minutes later, everything is complete, funds made it to my Account.
thatÂ’s a neat service!

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Talking Trade in VRChat

Talking Trade in VRChat

239953   July 2, 2022 14:10   SwingFish   Traders Library Philosophy  

some interesting conversation randomly came up in VRChatÂ…
Â…worse than SwingFish VC? (probably? ?

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Risk ON / Risk OFF

Risk ON / Risk OFF

239951   July 2, 2022 14:08   SwingFish   Traders Library Philosophy  

my Trading performance isnÂ’t that good currently, lotÂ’s of time there are some hickups
like

  • targets not reached (support/resisstance seem to have its own life
  • liquidity is not constantly at the same level causing erratic movements.
  • War tensions and other nonsense
  • upcoming Rate Hikes Worldwide.

well, the Rate Hikes do have an advantage as this will cause some movement of money on a global scale, and guess what, thatÂ’s a good thing as markets will become a lot more liquid.

but in the aftermath of Covid-19 and a War may be around the corner, things are uncertain and we start to see massive movements even intraday.

This adds another level of complexity, so itÂ’s time to adjust, take smaller pieces instead of waiting for the big moves!

since we do trade mostly Forex, a zero-sum market in general, ranges should be all we trade anyway.

here is a screenshot of the current 30-day stats, (back in November this was at 14%! .. letÂ’s see if we do get back up in this territory.

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Trading in VR

Trading in VR

239947   July 2, 2022 14:05   SwingFish   Traders Library Philosophy  

i will write something more detailed about this topic ..

here is my first try at Trading using VR

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Quick Divergence Example / Manage a trade with Divergence information (GBPJPY)

Quick Divergence Example / Manage a trade with Divergence information (GBPJPY)

150087   June 29, 2021 10:17   SwingFish   Traders Library you should know  

this is just a quick example (before/after) to spot Divergences and trade them.

the idea was to Sell xx/JPY (Buy Japanese Yen)

Step 1: look at the Divergence (large and small) chart to find out which one is the best to trade.

Step 2: find entry apply structural stops

Step 3: find exit when the difference narrows down or one reaches the ZERO Level

this does show when momentum is lost, or the difference between the currencies itself is level-out.

does not mean the move is over, but the initial momentum can be considered gone, a good place for a partial exit or complete exit on a nearby structure, if other like (USD/GPB lign up in the meanwhile this could be a sign of continuation, or a pullback to happen that would allow a scale in

the confirmation for USD to continue, scaling in the pullback instead of exiting position

things to note:

  • Divergence data can be collected in multiple ways,
    however, comparing currency symbols (like mot indicators do it) is a very dirty way and get’s you polluted information.
  • SwingFish uses data with permission from xscalp.com
  • Structure matters!
    none of these things will work if you do not respect and use Structural information
    (the charts/trade what you see) to find stop/profit levels.

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how to NEVER fail Prop Trading challenges

how to NEVER fail Prop Trading challenges

56759   July 6, 2020 00:37   SwingFish   Traders Library you should know  

A few simple & easy steps to ensure never to fail a trading challenge or live trading.
this works for almost all Proprietary Trading Firms, the content below is based on EnFoid Proprietary Trading (more…)

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[Video] Webinar & Interview: Scaling and Prop Trading

[Video] Webinar & Interview: Scaling and Prop Trading

40973   November 23, 2019 13:08   SwingFish   Traders Library  

a Webinar about Scaling, Sizing and Prop Trading held by Mario Hennenberger & Cam Hawking 23 Oct 2019.

(more…)

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Kawase Closing end of 2018!

Kawase Closing end of 2018!

18614   December 25, 2018 01:21   SwingFish   Traders Library you should know  

As you may already be aware of, Kawase is being rebranded to Fondex. You can keep your Kawase account up to the 31st December 2018. Upon that date, you will be able to start trading with Fondex.

Kawase has served as a great foundation on which we built Fondex. In the online trading industry, it is important to move with the times and always improve our offering. Hence why we created Fondex, while keeping the key principles that Kawase has been operating under.
Fondex cTrader, our superior, multi award-winning platform allows you to trade over 1000 instruments in 4 different ways:
Trade manually and perform your own analyses, following your own strategy.
Follow 600+ free daily signals provided by Trading Central, in your platform, with the click of a button.
Copy top-performing strategies provided by other traders on Fondex cTrader Copy.
Automate your trades using robots (cBots) on Fondex cTrader Automate.
With Fondex, you can enjoy raw spreads starting from 0.0 pips, low commissions on Forex, Energies and Metals, zero commissions on Shares, Indices, ETFs and Cryptocurrencies, no minimum deposit and unparalleled protection of your funds.
So do you have an account with Kawase and want to move to Fondex? Then follow the simple steps below :
Log in to Fondex cTrader using your existing cTID or your email address.
Click “Activate Account” and upload all necessary documents in order to get your account verified.
Deposit funds and Start Trading.

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Kawase Leverage changes (ESMA)

Kawase Leverage changes (ESMA)

15915   November 20, 2018 00:23   SwingFish   Traders Library  

Update on trading conditions following the ESMA regulations

(more…)

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cTrader Mobile Updated to Version 3.1

cTrader Mobile Updated to Version 3.1

15810   November 18, 2018 21:30   SwingFish   Traders Library you should know  

Announcement from Spotware:

Dear Trader,

We would like to inform you that cTrader Mobile Beta has been updated to version 3.1 and is available now to download on Google Play and App Store. The new version provides traders with more functionality for charting and order creation. (more…)

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Upcoming Pepperstone Seminars and Webinars

Upcoming Pepperstone Seminars and Webinars

11107   September 16, 2018 18:11   SwingFish   Traders Library you should know  

Pepperstone webinars are designed to help you learn to identify profitable opportunities, as well as improve your strategies to become a successful trader.

(more…)

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Leverage – Traders Horsepower

Leverage – Traders Horsepower

9882   September 2, 2018 09:13   SwingFish   Traders Library Casual Trader  

Leverage does not have to be confusing, simply think of it as dynamic Credit the broker does grant you, in fact, it’s just that, nothing more – nothing less.

(more…)

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