I have shopped a couple myself for different reasons but here is my opinion. Read up, on ET and other places how very difficult it is to get recourse and/or deposit back from US based firms even ones in your own locale. Now think about how much harder that will be with foreign firms. Just watch...
if you are going to day trade, scalp, etc you can pretty much kiss it good bye - not to say you cannot become a good trader but odds tell me from past experience in prop 95% will fail w/i first 2 years. I have blown my account more than once in the beginning years. Sorry but $5K isn't much to...
My first and only mentor told me - "this is the hardest job you will ever have" - believe it.
Start by focusing on one thing only - like trading only one stock when a few conditions are met , like technical indicators, price, volume.
And expect your trading career to begin today and still...
kept taking small chunks on the way down but it is setup for scalping. The first few mins of the bounce cost me via short squeeze so I turned it off and went long for the move into the regular session close which prob did better than the freaky selloff. every day is a new adventure - always tweaking
Yeah, freaky. the ES sell orders were coming in so fast my charts were flickering. But fear and panic create nice opportunities :D
But a flush like that ruins the prospect for a nice long term orderly market reversal - until things stabilize.
naw, economy is still in the sh!&tter and summer doldrums coming soon. maybe another rally, if Q3 earnings are really good. until then taking it day by day.
nice going! Imagine if you were trading 10c's - boom! however, consider todays action as a gift from the market gods. In a way it screws up the markets because there is no longer a nice orderly reversal happening - now we will chop, chop instead
Well it is official - reported on a major financial news outlet "there is no end in sight to the rally" - time for the bandwagon bunnies to hop on for the last pitch up. There has not even been a meaningful consolidation or pullback in recent months. If DJIA and friends reach pre-bubble heights...