If they have openings and interest, you should hear back within 2 weeks.
What do you trade?
I'm starting a trading team if you're experienced and qualified.
More like a poker player checking the opponents hands by betting at the pot. The player gets the info. Other players that can observe also get the same info. The 12:20-25 trades were a test to see if the market had legs underneath it. It did.
I've had experience with this problem. In short, I found if I had a goal that my self-concious believed was not doable, then I'd self-sabotage my trading. Once I realized this and changed my goals the self-sabotage stopped.
Next, you'd check the time both sides of the high/low are made. As you can see, if you've caught the day high/low early, it's to your benefit to hold the trade until the close.
Here's something to help get the thread back on track. The theory behind orb is that the high/low of the day is likely to be made early and the low/high of the closeout is likely to be done later in the day. This is why it would be called a breakout.
It's pretty easy to check if the...
Probably irrelevant. I've traded with many agnostics that had ice water in their veins. It's more likely confidence born from a positive track record that allows someone to handle "pressure".
Actually every time I've gotten kicked hard by a market I've said to myself "that's interesting" and...
Sure, the parable of the talents in Matthew 25:14 - 30.
Man given 5 talents invests/trades and creates 5 talents more.
When his master returns he is told "well done, good and faithful servent. You have been faithful with a few things; I will put you in charge of many things."
Money is not...
I'm assuming you'd increase size to take advantage of geometric growth of return. If you risked say 1% to achieve 20% returns you're saying I could risk 2% and have 50% returns. The same level of reward:risk can be achieved by using reverse notional funding. All you'd do is figure the fully...
Trading is not about maximizing profit but rather maximizing the reward (profit) to risk (max. drawdown) ratio. In optimal F the maximum reward:risk ratio is achieved at the optimal F. By using reverse notional sizing anyone can achieve the same reward:risk ratio independent of the max...
I'm not concerned with risk of ruin. I hate deep drawdowns. My testing has shown me the single biggest factor in the depth of a drawdown is the amount risked per-trade. At 1.5% at some time a account will experience a 30%+ drawdown. For my trading, 10% is as much of a drawdown as I'm willing to...
At $450 it's a bargain. If you're looking to plug in a formula and make big bucks forget it. If you want to learn about the process of trading off the open, it's priceless.
Standard path to becoming a trader is a BSBA from a good university, a MBA from a top 5 school, a SAT min. of 1250, and a competitive spirit that won't quit.
Everybody on wall street uses this for basic education:
http://www.nyif.com/
You find find specific requirements for most trading...
Well, if you want to work here is the basics.
For every system I develop I use DUM.
D - Define
All systems are based on finding and pulling a fundamental truth about the market. Define what fundamental truth you'll be going after. Ex. All markets have a tendency to trend beyond...