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  1. TDMA

    Should I move to Tradestation ?

    As an update, yesterday 12th March, the new broker received the Tradestation funds, but only after I put in an official CFTC complaint sending Tradestation a copy of the complaint receipt confirmation. At which point they came back quoting that they had received approval for the transfer, the...
  2. TDMA

    How to work towards going full time

    Now I see what they meant. The whole point of trading full time is that you have the capital, you have the lifestyle, you have the fintech, you have the strategy, and they all fit together perfectly, any disturbance and you will lose funds. Given that, it is rare for anyone to find a...
  3. TDMA

    Trading for a living & taxes in EU

    That's a highly uneducated response, Goldman don't know anything about individual cross border tax structures, you need KPMG or one of the boutique advisors. The only thing you came close with is their fees, $10k plus, and even then you had better do your dilligence because often they are wrong...
  4. TDMA

    Trading for a living & taxes in EU

    Firstly, anything you find publicly available will not be worth much, your entire structure from family heritage, to primary residency, to liabilities comes in to play. To simplify almost all governments want you under income, yes there are potential options via personal service companies and...
  5. TDMA

    Impossible To Reliably Make 80%+ Per Year By Selling Puts or by Trading Option Credit Spreads?

    There are only two ways, timing of a rare event such as BTC $20k down to $7k but you cannot guarantee when they will happen, usually turn up like busses, these are capital trades. The other is low timeframe trading, but there are very few professional options, let alone retail, this is income...
  6. TDMA

    Should I move to Tradestation ?

    I would suggest your rewrite in CQG, their basic platforms are cross code compatible with IC, it is our backup option to our own platform, plus CQG allows you to move broker at will. An update about the Tradestation withdrawal, they have rejected the fourth transfer request, but this time they...
  7. TDMA

    Should I move to Tradestation ?

    For reference relating to Tradestation, please see the following link, my suggestion to you is just don't. If you need a broker use high leverage low capital, but scale your trade to your actual capital, don't over-leverage it. Someone like AMP can work, because going forward getting access to...
  8. TDMA

    How to work towards going full time

    But that depends on whether you book it or finesse it back towards parity, the devil is in the detail, trading full time is a very simple equation. You either perform capital trades which are long term high value, or you fight with the markets on a daily basis, but again the devil is in the...
  9. TDMA

    How to work towards going full time

    Was that point not abundantly clear that I value time over money when I stated I work a few hours per month, not 200 hours, obviously not. I see the replies are moving in to the next of the seven stages given I have proven passed shock and denial, this is where it gets very interesting.
  10. TDMA

    How to work towards going full time

    I make money on capital trades, but any smart investor also makes income on dividends, that income for fintech access provides props the ability to make capital. Your entire premise is that prop trading is a business because that is what you would do, a mandatory event, what you don't see is...
  11. TDMA

    Ever feel like giving up?

    The key to making money is very simple, the less humanity you have the more you make. There are small windows where you can keep your humanity and make excess profits, the capital trades, the income trades are purely you fighting the next in the line by whatever means neceasary, this makes up...
  12. TDMA

    How to work towards going full time

    The profit lines and take profit zone show up when the candles enter the sell, or buy, zone, so I had the entire range on 12/12/2017 to scale in and out of the trades. The institutional version of the algos pre-show the zones a week or two in advance on 60min, but only a handful have access to...
  13. TDMA

    Red alert, stop trading

    Poll the DM API for new messages to launch background processes to cut/start/adapt access. Why build a messaging system when Twitter has already done it for you.
  14. TDMA

    How to work towards going full time

    And that is an honorable trait, however you don't know things like your value to society is 1/100th of your output, paying any tax rate above 15-20% and you will receive less out than you put in. Effectively you will take an 80% haircut on your effort, wealth is working less for the same net...
  15. TDMA

    How to work towards going full time

    There is the fundamental problem, to anyone who puts in more effort for the same or less return it is seen as a superiority complex. Gloating is "I have this you don't", which is why we were going to open it up to prop, and that's where the problems start. People want it for free, have no...
  16. TDMA

    I wonder if I'm just getting too damned old for 1 minute charts...

    It's all about probability, on 1minute our algos find one trade per week, but it takes minimum 50-100 bars to setup hence the single trade. On 1sscond bars they find around one per day, the longer it takes to setup the more reliable the move. The reason you will find it tiring is your brain is...
  17. TDMA

    Red alert, stop trading

    Twitter feeds, we use it to set/list/delete alerts, but easy to adapt to algos. You can do the same with sms but more complex to set up.
  18. TDMA

    How to work towards going full time

    Simply because your last post quotes. "It is hard for me to believe every family in the tri state area are making more than $100K a year. Yet people survive on less and by choice they live there instead of moving to Kansas. Maybe happiness is a state of mind once the basic necessities are taken...
  19. TDMA

    How to work towards going full time

    The database software alone is $250k, the prop process was very simple. $400/mth platform, $12 500/mth algos subsidised at 80% so $2,900/mth. If they don't have $10k for a 3mth run there is a 99.9% chance of failure. From that 80% subsidy they give up 20% profits for access to the fintech under...
  20. TDMA

    How to work towards going full time

    Of course not, here's the windowless office they sent next to Bond St for £1k/person/mth. Here's our fintech on hybrid KDB/SQL Server used by Deutsche/Citadel, plus the charting system running Nasdaq/Bitstamp down to 100ms on Forex and 1second on Crypto. http://demo.cryptogxy.com/...
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