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    Who will pay for the world's debt mountain? It's you, dear saver.

    Meh... a lot of the debt is structured in our own sovereign currency, which makes it easier to “spread the chaos”. I highly doubt the dollar collapses anytime soon. If D/GDP reaches 200-1, you’ll see a bunch of politicians scrambling to satiate it. Until then, I’m not that worried. I would make...
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    Demoralized. Is 14 losses in a row normal?

    Backtest your strategy again. Not to point out the obvious or be tautologous, but 14 losses in a row means there are aspects that don’t work in current markets conditions or you’re not following what has worked for you previously. What made your strategy work before and why won’t it work now...
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    Is Trading the most intellectually stimulating/challenging thing you have ever done? What is #1?

    How does someone procure a sentiment like that regarding trading? What did that person read and or watch to give them that mindset? Lol... that must’ve been a wild conversation.
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    Is Trading the most intellectually stimulating/challenging thing you have ever done? What is #1?

    1) Women 2) Arguing with someone who as no knowledge of a subject. 3) Trading Just my list lol.
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    Crude Oil

    Thank you, Bone. Based on the article, the overall feeling was that it’s was a dump and run type sentiment. Didn’t know if it meant more than what was written.
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    Crude Oil

    What’s your take on the Norwegian Fund dumping oil stocks- most notably “Chesapeake Energy and China’s CNOOC”? Apparently, the trillion dollar fund will continue to invest in companies like BP and Shell according to a CNN business article. It seems as if major players are trying to lower...
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    Getting Started With A Prop Firm

    Thank you @KevMo I appreciate the advice! Lol- try and intern with some black market tech firm to trade while working.
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    Getting Started With A Prop Firm

    Ah, I knew about undergrad at Pitt, just not what he did after at Carnegie-Mellon
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    Getting Started With A Prop Firm

    Mr. Tepper got his undergraduate degree from Pitt while his masters or PhD (idk which he got) was at Carnegie-Mellon.
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    Getting Started With A Prop Firm

    Awesome! Again, thank you for the advice. I appreciate it.
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    Getting Started With A Prop Firm

    Depends on your definition of magic method lol. I don’t want someone to do the work for me, obviously, but a mentor would go a long way. As I’ve stated earlier, I can’t say whether my demo correlates or not. I don’t think it was all luck, but again, demos may be standardized for futures, but the...
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    Getting Started With A Prop Firm

    Traditional prop is my main focus. I really liked FNYS. They were one of the only ones to say get some experience and some partners may have interest rather than my educational background isn’t sufficient. Most places I’ve been to like my strategy... I am just so surprised at the educational...
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    Getting Started With A Prop Firm

    One of the weirdest interviews I’ve ever had was with T3. I don’t know if I can even call it an interview. My only problem with firms that leverage is the risk upfront. Those places seem better for when I have more experience and don’t need a salary along with bonuses to live. Specifically...
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    Crude Oil

    Oh yeah I agree, but the question of market saturation aids bearish sentiment. As you stated above with the volume directed at puts or shorting or whatever, all in all, does control pride movement. I still think $40 holds as a reversal. The only hesitancy coming from our domestic market (USA)...
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    Getting Started With A Prop Firm

    Thank you! Chimera and a couple others listed are intraday trading. I’ll only swing if I see upside, but it’s really hard to scalp and be right, from your backtests, in the futures market. The numbers usually don’t equate if you don’t do it right lol. I haven’t tried Citadel, Jane Street, or...
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    Crude Oil

    I think that Canada has a pretty influential Crude Oil market. Specifically the Athabasca Oil Sands (Alberta Sands Field). Produces 80.7% of the oil for the 4th largest exporter and producer in the world. Interesting that they’re also the largest exporter to the US (43% of US imports- 3.3mil...
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    Getting Started With A Prop Firm

    Awesome! Thanks for the write-up. It helps a lot. One thing about a mentor that I like is the structure and discipline. It’s not that I can’t do it by myself, it’s just more or less a preference. Still have a long way to go to be where I want, don’t think OMM is the direction, but just have to...
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    Getting Started With A Prop Firm

    Of course... but it wasn’t 100% all luck. The only thing about prop firms that I really like is the training... specifically live classroom like training. At my stage, albeit a little raw, I have room to grow and I feel a mentor would be the best pursuit to tap said potential. I would do...
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    Getting Started With A Prop Firm

    There are 36 trades on that demo. Usually traded Crude Oil (Brent), Gold, Natural Gas, and Emini S&P. Random throw-ins of corn or another commodity. I take it by a lot, you mean ~60+ trades? My strategy isn’t to scalp trends. I usually swing trades, but if I were to scalp, I need to make sure...
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    Getting Started With A Prop Firm

    Oh yeah, but I just never really understood this sentiment. Seems a little dry and outdated in my opinion. The logic of it is sound, but the mindset, in my opinion, is again... dry. Great advice! Thank you. I will do this too.
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