My point was that making money as a discretionary day trader in equities is remarkably difficult. It can be done, but you need to be very...
The job is a grind. It will become painful when after so many hours, days, months your P/L will seem totally random or even worse. Your only true...
I'm not trying to attack your company, it is what it is. I'm just trying to give him some information and advice especially because he has another...
Brokers require deposits... unfortunately many of them call themselves prop firms. Google First NY Securities and peer companies in NY. There...
This is simply not true. Look up a firm such as First NY Securities. Even at IBs there still remain prop traders that are not fully automated....
Respectable prop firms don't ask for a deposit. Idk if these exist in Canada but they do so in NY and throughout the US. I used to trade prop at a...
Baggerlord, If it makes you money then so be. Everyone has their niche. i just personally don't know of any consistently profitable traders who...
Gold and the Swiss Franc have rallied substantially so you'd be chasing, and based on historical measures, your buying too high for the...
Do I qualify for the ban too?
zerohedge lol. My favorite doomsday, the world is going to end blog for the past half decade. Good job on selecting the charts that make the US...
I think it is possible that a regulation will require all prop traders to obtain their Series 56 beginning in September of 2011....
It's a good firm because: - You don't have to deposit any capital. - You receive a small monthly draw to help pay for some living expenses. -...
Good luck to all... Your P/L will be the judge to whether Al Brooks' methods work. I personally think his setups are too frequent and your...
Al Brooks and his technical analysis nonsense is ridiculous. I don't know how his book has decent Amazon.com reviews. Seriously his techniques...
This is good advice. Don't trade for small moves... you're churning your account. Stop trading the IWM or any other index ETF. Trading the...
Math is important in both although I have a friend who trades municipal bonds and he majored in public policy at a liberal arts college. All he...
If you want a trader job then core should be: - Mathematics - Computer Programming (Java, C++) Secondly (know something about): -...
I quickly skimmed part of this thread. Here's some friendly advice: 1) Your stop-loss is way too tight!!! 6 cents on the SPYs lol? Go after...
The firms he listed don't take contributions from the majority of their traders. They also pay a salary if you don't meet a monthly P/L goal
If you're foreign but obtained American citizenship then yes. If you seek to get sponsorship for a work visa then the odds of getting hired...
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