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Interesting, so you took training when you started. The thing I was wondering about was whether experienced traders take trading courses... experience traders I mean experienced PROFITABLE traders. I'm just curious as to whether it helped you to push your trading to the next level. Everything I...

The point we were both making was not about a firm requiring a deposit... ...but rather about your opinion that a prop firm has to provide the trader with the edge.... which is an absolutely ridiculous assertion

I used hate to be wrong... a perfectionist. Losing just wasn't an option. Admitting I was wrong was difficult to do. Trading made me realize that sometimes you have to be wrong in order to make $$. The key is being really right when your right and not losing a lot when your wrong. I still...

This was the general gist of my response to his post as well.... but I think you phrased it better hahahaa

My theory is that most courses teach you the basics... nothing more then any good trading book will show you. People have an innate belief that there is a secret to trading and try to find it by taking courses run by people who claim to have it. Additionally many people fail to realize that it...

Are you serious? The firm has to provide you the edge? What bs!! The firm needs to provide you with the ABILITY to take advantage of an edge... No prop firm is going to just hand you a golden egg. Why would they want to give you a cut of the profits... Why wouldn't they just automate and...

They are a legit firm. They just screw their traders a bit. Some of the traders there don't even realize it. Just watch the fees. Personally I have never traded with them and never will. Which office by the way?

Agree... but the vast majority of traders will lose $$... this is how they hedge the losses from those traders. It also weeds out those that are not serious about trading. If I ran a prop firm I would charge a deposit for sure... I would probably also give it back after the trader has proven...

Nothing much to mention today. Had a rough nights sleep and wasn't really up for trading combined with it being a Friday and in addition to it being 2nd last day of month... Well you get the picture! Took tiny size, nothing worth mentioning. The only thing of note is that in case anybody...

Interesting day today. Avoiding the first hour worked well today. However once I started trading I found myself down pretty quickly. Tried a short on SNV (it had a little news)... It broke a key level but popped in my face. Was holding decent size on it and was down about $350-400 on it at...

I ain't no psychologist but to me it seems like your a little confused!!! I'm guessing you probably have problems following your trading plan with conviction Just an observation...

As much as I would like this move to continue... as it provides opportunities for the pure day traders (like me)... the market really hasn't come down much yet. We are still above the pre- "Egypt worry" levels. What I did see different though was the permanent bid under the market has been...

Don't worry, Longcat will come to the rescue of this market... although I kinda hope someone hits him with a car before he can

I'm not about to start recommending anyone publicly on these boards but I will make a comment... Your going to find it pretty tough to find a prop firm that will allow you to take overnights without a capital contribution. Think about it from their perspective, would you allow someone with no...

More weakness again today which I completely expected. Not sure about tomorrow. We may get a little consolidation but Friday will prob be down as who wants to hold over the weekend when stuff could blow up in mid east. Also end of month. Happy with my strategy today. Didn't trade any market...

Yeah playing earnings on this one hurt... Ouch! Managed to get out @ $45.50. Looks like a good exit now

Well today was dissaponting to say the least. Besides an earnings play I didn't take a single long all day. The problem was quite simple... I played the first 30-60mins after the open. This is something I identified earlier in the month and had been avoiding it the past week or so. Today I...

The suckers always get stuck holding the bag at the end. Ride the bubble while it lasts... the last few pushes are always the biggest and most profitable moves. Just don't be stubborn about getting out when it turns. Poor barbers and taxi drivers always get stuck holding the bag! When...

Liver Moore was a trader... There is no difference between swing or day... It's all trading and involves the same emotions of fear and greed. Same as most prop firms, the cost is a % of profits and software stuff.

Thanks, that's the goal hahaha