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I think you have to luck into it nowadays. Maybe in the past you could hang around the stock exchange and with enough persistence eventually find someone. But now that everything has gone electronic and much of the industry has withered away, the good traders are harder to find than ever. I...

If you're an independent trader (either at home or prop) is this a big problem? Since your income is unpredictable it's possible that many lenders (or landlords even) would not want to deal with you. If you have a high enough net worth, or make far enough into 6 figures a year, or into 7...

Austin, you've taken a lot of crap on this site. I can't remember all the threads but from memory it seems you've been called every name in the book... phony, scammer, snake oiler, liar, etc, etc. Nice to see that you're producing profits so far. Congrats.

Cornix is a bird!? So, my suspicions have at last been proven true! Better tread carefully Olio... else a certain someone may send some noisy guests to visit you soon!

I don't know how they'd make that distinction, but when I read that passing the combine does not necessarily guarantee funding I figured that had to be as a security measure to protect themselves from potentially funding someone they weren't comfortable with.

Yeah, TST even says somewhere that scouting criteria is subjective and that some who pass the combine may be asked to repeat it. So if you're gambling and get lucky and put up great numbers... you're obviously not going to get funded. You've got to be a solid trader.

How is it that trading for a living is wasting your life, but going to work in an office for a living is not wasting your life? :) And trading for a living is selling your soul, but working 60+ hrs a week for a corporation is not selling your soul? :) Agree about the uncertainties though...

Good stuff - thanks for the story!

Some posts in the Combine thread reminded me of something, and was going to reply there but figured I'd stick it here since this is a serious trading thread and is kind of "Mav's thead" now too. Somewhat off topic but since this thread has slowed down lately I figure it won't be disruptive...

I don't think I'd want to take a fat burner. I'm a tall lanky guy to start with, so I like having a few extra pounds of fat even if it means my abs are hidden. It helps fill me out. If there was a way to only target belly fat that would be another story! :)

For a while now I've had a thinning spot on the back of my head. It hasn't changed in the last year or so but I figure it will one day become a bald spot. I've been debating whether or not I want to bother trying to fight it, because from what I've read you're supposed to start when it's still...

Baron, what does your ab routine look like?

I don't think it's a problem limited to ET but rather a problem on the internet in general. Just look at the comments sections on some news sites. I remember coming out of college in 2001 and from what I had read on tech career forums you'd have thought it was 100% impossible to find a job in...

LOL :D

Who here has ever traded at night for an extended period of time? It's basically turning your biological clock upside down and I'm wondering how people handled it. Did it have any negative impact on your personal life? On your health? For instance, if you live on the east coast and want...

Yeah being a retail trader can be a tough gig but it depends on your personality I guess. I know a guy who has worked "from home" for over a decade now and seems to have a lot going on, but he has an extrovert personality so that probably makes it easier. Then again he lives in a major metro...

I guess I'll be the only person to answer the original question. :) For me the biggest problem I've run into with TA not working is on smaller timeframes... in some situations the slippage can kill an idea. For example, I once came up with an intraday breakout strategy in CL and it looked...

LOL... I remember driving myself crazy for a little while wondering whether to use RTH charts or 24hr. As if picking the right one could be the key to being able to outguess the market. :p

I'll put this up as an example of how there can be subjectivity even with a clear set of entry/exit rules. The chart is of last Friday on ES. Let's say you give out a set of rules for trading channels. Trader A draws a down channel encompassing the globex action and gets the result in the...

I don't know. It must come down to real-time execution. Maybe it's poor pattern recognition on my part? Also, not all traders have clear mechanical rules. With some it's more like general guidelines. I've had a lot of conversations with Cornix and he is a good example of such. Sometimes...