Recent content by leorc

This is so sad, I thought they are a legit trading firm because they were on the TV show. Turns out they are using the reputation to scam trader wannabes now.

The subject line of this thread is "WHICH prop firms provide the best mentorships and training?" You guys going off argue about "Whether Don Bright Trading's training is valuable or no" Then it ended up become another advertising thread for Bright. wth?

Say u long xyz and short spy, hoping xyz will outperform the index. You wake up the second day found xyz is down sharply because of some scandal or whatever and spy is going straight through the roof cuz of good job data. ah oh...

What is the point to take on a big position then hedge with an index etf? Might as well take a small position alone and save the transaction fee.

I believe Waren knows well about this, but he only do BLASH. During the late 2008 he started to accumulate US stocks and he annouced his action to the public. Its a wonderful thing that you can see the obvious, but your ego is likely to trip you later.

30 trades a week is overtrading in my opinion. Unless FXCM and your firm has a really good spread agreement, all traders will eventually get their capital drain by the spread. SO, this 4xPROP, smells like a poly promo for FXCM's service. If you are a legit prop firm, you shouldnt limit...

hi, for most mt4 brokers like Alpari UK, **** Royal etc, what is the max number of lots possible to trade in one click? 30? 50? answer only if you have the actually experience please, no just random guessing. thanks guys~ edit: wuts wrong "I K O N" ? weird forum

Its safer to say she gives good oral. :D

would like to know this as well...

tho a system that produce a positive expectation will make "sky the limit", you need to realize that only happens in a perfect world. The fact is that you can suffer a string a losing trades before you hit a string of winning trades. The order can be reversed, of course. But I dont have...

I cant agree more. I constantly have to suppress the urge to go larger, which would overtrade and mess things up. This is one of the reason under-capitalized trader turn to have higher failure rate.

Very well said guys, thanks a lot to those who gave their constructive opinions! just FYI, I trade stock index on 1 mins chart, so I dont care what market condition it is as long as there isnt FOMC announcement during the hour. The crazy rally in recent months is for those who hold trades for...

I have done extensive testing with the system and have been day trading it for four months everyday. I am aware of system death, black swan and all that. I hope to find out how successfully traders do after they've developed a working method. Maybe successful traders dont even bother...

I spent the last two years losing money, and have finally developed my own profitable mechanical trading system along with money management methods and rules I follow. Backtesting result is great and doing good in real action. The problem is I have too little capital to trade with. What do I...