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Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Fri Aug 27, 2021 5:03 pm
by marks
ffsss wrote: Fri Aug 27, 2021 4:14 am Is this tool available for free or is it a paid one? Does it work for forex?
Yes it works with any instrument since it used by professionals in the financial markets. You need to have a paid tool to connect to the new york stock exchange to read real time data. If you need any help feel free to message me

https://t.me/mxmns

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Fri Aug 27, 2021 7:17 pm
by ffsss
marks wrote: Fri Aug 27, 2021 5:03 pm Yes it works with any instrument since it used by professionals in the financial markets. You need to have a paid tool to connect to the new york stock exchange to read real time data. If you need any help feel free to message me

https://t.me/mxmns
I dont have telegram, any other way i can message you?

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Fri Aug 27, 2021 7:31 pm
by charli
ffsss wrote: Fri Aug 27, 2021 4:14 am Is this tool available for free or is it a paid one? Does it work for forex?
There are some really cheap tools available if you want to get a feel for the footprint etc...Really useful to mix with your own strategy

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Fri Aug 27, 2021 7:43 pm
by RplusT
marks wrote: Fri Aug 27, 2021 2:51 am Institutional trades tonight, Ever wonder what that tool is at the homepage of Forex station? It is always used by institutions to to analyze a trades and other more. Dont be part of the retail bus.
It's called Order Book. When trading Futures on the NinjaTtrader Platform your get that on your screen if you want to use it. Never really could benefit from that as one can see large orders placed and then suddenly disappear i.e. simply manipulating the market.

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Fri Aug 27, 2021 8:27 pm
by ffsss
charli wrote: Fri Aug 27, 2021 7:31 pm There are some really cheap tools available if you want to get a feel for the footprint etc...Really useful to mix with your own strategy
Hi, where can i find this indicator?

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Sat Aug 28, 2021 4:22 am
by charli
ffsss wrote: Fri Aug 27, 2021 8:27 pm Hi, where can i find this indicator?
You've got in subwindow on that screenshot...

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Sat Aug 28, 2021 4:53 am
by Nbats7979
RplusT wrote: Fri Aug 27, 2021 7:43 pm It's called Order Book. When trading Futures on the NinjaTtrader Platform your get that on your screen if you want to use it. Never really could benefit from that as one can see large orders placed and then suddenly disappear i.e. simply manipulating the market.
My experience also. All of this talk about institutional orders etc doesn't really relate to my 60 pip target. Also if you blindly buy or sell at a certain level I can give you lots of examples where that hasn't worked and you've lost your ass.

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Sat Aug 28, 2021 2:20 pm
by marks
RplusT wrote: Fri Aug 27, 2021 7:43 pm It's called Order Book. When trading Futures on the NinjaTtrader Platform your get that on your screen if you want to use it. Never really could benefit from that as one can see large orders placed and then suddenly disappear i.e. simply manipulating the market.
You can see in my main chart that the depth of market is coded into it. It only gives you a glimpse of how market makers are spoofing the market up and down. Iceberg orders are hidden since they are executed in small tranches. To be a consistent trader you should know how the algorithm act since you are against a super computer at high frequency trading which we are talkng about nano seconds. I know people who work for being quant trader for the biggest hedge fund where they pay 1,200,000 euros anually to get the best server in new york stock exchange because the competition in the big floor today is all about speed, if youre a milisecond late on executing that order your competition lose. Anyway, The Footprint is only 5% of the decision making. You need to have context, rythm where other institutions find value on other tools. Best regards

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Sat Aug 28, 2021 2:30 pm
by marks
Anybody can message me on telegram. Where I share my verified trading my fxboook book for 1 year with less than 10% drawdown. Good day

Re: Institutional Tools Big Banks Use - Why 95% of retail fail

Posted: Sat Aug 28, 2021 7:59 pm
by ffsss
charli wrote: Sat Aug 28, 2021 4:22 am You've got in subwindow on that screenshot...
Sorry, but what subwindow? i dont understand