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Any ideas on account minimums or the kind of leverage these firms provide ?

Discipline and experience is more important. Intelligence and persistence helps though.

About $5k is fine, as long as you keep in mind .. as a new trader, you may want to use it as educational income with a mere goal of trying to stick around long enough before you blow out. Also, be sure you can afford to lose this capital as well as survive long enough to pay your bills if you...

Think of what you would do if you were on the other side of the trade. If you see an good entry signal for a short (if you were in a long trade), then that would be time for you to get out. Otherwise, run a trailing stop below/above the most recent swing.

You're right.. it's extremely hard to keep losers small and let profits run. For instance, by focusing on keeping losers small .. you get antsy everytime the price moves against you and you get out quickly for a small loss .. even though it will often go your favor right after you get...

We'd have to rally a bit more just to get to a sideways pattern.

The risk in trading is from losing your capital while trying to overcome your learning and psychological curve. 95% of people quit or go broke before they overcome it. Once you've learned it, day trading is relatively low risk.

Wealth lab has a trial .. might be able to do currencies.

Just a general thing I've observed from experience.. when there is a trend, it takes quite some time for it to flatten out into a trading range and then reverse trend. I've found the reversal time to be roughly 40-50% of the trend timelength. For example: We have a solid uptrend with...

When you start, the smaller the better. No more than 5k in my opinion.

Long term swing trading off weekly charts and Daytrade 100 ES contracts at a time.

That's a good idea .. and are there "any" prop firms in Atlanta ?

Rather than getting angry, analyze what went wrong .. what mistakes you may have made and what you can do to correct it so you will not make that mistake again. I consider any trade a winning trade, if I executed my system triggers and exits.

Yeah, i meant a log.. to me, it's an excel spreadsheet with: date in date out symbol long/short price in price out commissions net profits thanks for the replies.

Paltalk has several channels with truly helpful traders.

Yahoo lets you adjust your cash in your portfolio.. (i.e deposit and withdraw)

Gross Words Per Minute (GWPM): 118 Net Words Per Minute (NWPM): 114 2nd try

Gross Words Per Minute (GWPM): 111 Net Words Per Minute (NWPM): 108 first and only try

The ES is notorious for false breakouts. Here are some things I look for: Volume on the breakout and the following retracement. If it retraces below the breakout price, I would question the validity of the breakout immediately. The current trend - say if we were in an uptrend for the...

Yep, there are tons of profitable trading systems that can be found with a simple "Search" on this board. The thing is, any new trader can find a way to lose money with the best systems.