SMB gives winning strategies away at least once a week to the internet and Bella talks multiple times in his books and seminars about his teams working with each other to grow with each other. So I dont believe that NOBODY would be willing. I dont want to join a firm that is secretive about...
Wish I would be moving to Chicago or NY because clearly thats where the majority are. Got a few im keeping an eye on but wanting to see if someone around here knows something I dont.
Thanks for the replies guys, remote trading is my last option if I cant find a desk spot. I want to be next to people everyday, constantly pushing, bouncing ideas. Like a baseball team of trading.
I have done a lot of digging and found a lot of old threads around here about prop firms that exist/used to exist. I was wanting to know if anyone around here knows of any good firms that are still around today?
I listened to a Chat with traders ep () and he made a point about when you start with a new strat, YOU pick the RR (2:1,3:1,etc) and the market will give you your win rate
I too have trouble deciding which way is the best way. But I think tommcginnis is right. Do it every way you can think of and stick with the way you like the most. Usually there is no right answer, a lot of it is subjective.
As a day trader I always have a 1:1 for 1st PT and will take half off as it reaches 1:1 and starts to show weakness. Of course if its telling me I need to take off or exit all before it reaches it I will exit the trade prior to reaching the target.
https://www.elitetrader.com/et/threads/poll-do-you-clearly-and-specifically-predefine-your-profit-target.161290/
Was very interested so see if the numbers would be any different now a days.