Daniel, OK. Look, I think we agree from a theoretical standpoint, but differ because of the examples we give from a practical standpoint. Let...
Sure, I understand what you mean. But you can't say holding weeks or months is NOT trading. Then all the guys in Market Wizards are NOT traders...
Daniel, Go back to my EARLIER post. Did you even read it?! I think Rtharp was the one that gave the example of 25% stop. I said 8-10% was more...
I meant to say "why WOULDN'T a prop firm let someone put on 1000-5000shares positions over several weeks? " it's reasonable risk.
You wrote up there: "So (100 - 75)* 1000 = 25,000" WHAT?! That's like a 25pts stop. Did I ever said anything about a 25pt which in this...
Daniel, I didn't say I had an account that big! I was hoping to find a prop firm that allows that style of trading, because it seems like most...
Rtharp, OK. Thanks for the correction. I apologize. So, you are saying one can have longer time frame but not larger size? Hmm... So,...
cclee, THANKS for responding and somewhat reading my mind. hehe. It's probably not a bad idea to go back to the institutional world with more...
Yes, I know Wycoff does other things as his livihood. I'm sure that's a good hedge for him as well as others in the newsletter/advisory...
Hitman, Thanks!! You tell it as it is! Again, thanks for the 1)realistic stats of success/failures at worldco. 2) words of encouragement and...
So, you would suggest a person wait it out??? In my case, go back to the institutional world for a while, then when things improve go back to prop...
vvv, you try to make the very same point I made earlier. But Don keeps on skirting the real issue here. ABuse or use or whatever term he might...
Well, good for you. I'm glad that it's all working out for you. :) But what's your definition of tons of $$$? You don't have to answer if you...
Maybe b/c no one is talking about Hitman's Princess anymore. hehe trader99
Lojze: Of course, it's possible to be gross up and net down. In fact, I see that all the time!! If your commission is nonzero, then by the very...
Don, well, DUH! Freedom is the BIGGEST consideration in a prop trading job! I think without the freedom aspect of it I wouldn't even consider...
Yeah.. I did accept earning next to nothing. I was at the pt where I wasn't even thinking of striking it rich or anything. But even match my old...
Don, Sure. I understand your comment. Small businesses are concerned with positive cash flow rather than compounded annual returns. As one...
Yeah, I think that's what I should do. Even if I make $100K/yr doing this intraday trading it's still way less than what I received in my previous...
Well, thanks for your comments. At least someone isi forthcoming. One of the reason I ask such questions is to determine whether i should stick...
Separate names with a comma.