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Coming in a bit late here. First, there is nothing wrong with somebody who wants to get 'the best deal'. That is what we're all out to get in the end. So they tell you that the 'best deal' is not as attainable as you thought it was - no harm done. It's idiots who are afraid to ask that don't...

It took Gary Smith 19 years to go from break even to profitable (after which he parlayed $2000 into nearly $1MM over the course of a decade, an audited record). His biggest stumbling block: failing to analyze his trades.

Ti kanite... If you're good at programming you might want to look into taking a data mining approach and develop systems off of that. That might be a better way for you to go rather than do pure discretionary style trading. Not may traders can write code, you by contrast have the opportunity...

Trading offers me the kind of benefits no other profession can offer. The 'present value' of those benefits is worth a lot to me. Hence, I pursue those benefits by investing the resources of time and capital, without which I cannot attain those benefits. If I could get the same benefits (or...

Thanks for the earlier suggestions. That proposition is the job of HR departments, not me :) The decision to get an MBA was made because I thought I would give the institutional avenue a chance. However, just as I went to school, Dodd Frank hit the floor. At the same time, business...

Hello everybody, I'm doing my MBA at a non-BB target school. With Dodd-Frank, it appears that banks are not going to be in this business for much longer anyway. My goal is to get to a reputable prop firm in the NYC area that offers free discretionary based trading education and is willing...

I've gone to a few meetup.com groups, which happen after market hours most of the time, although a few happened during market hours. They are okay, but its not in this setting where people are actually trading together. Either its an informal chit chat free for all, or its a presentation that is...

This raises an interesting point: it appears in the end there are three options: 1) Being in a group offers nothing to you from a trading aspect, it only offers some social interaction. 2) Being in a group benefits your trading in some way. 3) Being in a group hurts your trading...

Hello all, I've frequently heard of trading groups - a bunch of traders get together, rent a space (or talk virtually to each other via skype), and trade as a team. This seems to be in between pure solo retail trading and trading a prop firm's capital. There appear to be several...

I think its probably more accurate to state that its something you shouldn't do JUST for the money. If you don't need the money, then why not trade on demo all day long? Okay, but it seems the sentiment that is evolving here is that discipline and patience are not essential elements for...

I would imagine you would agree that in order to go from burning to building, you obviously have to slow down with burning first, or you will have nothing to build anymore :) I actually view break even as an achievement, I'm doing a better job protecting my capital while I am working on...

Fact: there are people who are pulling money out of the market every day. Fact: some of these people are not working for hedge funds or investment banks, but are trading alone at home on a discretionary basis. Some of them have done very well and continue to do so. Fact: it takes time to...

I have made money in the market with indiscipline and impatience, but then I gave it all back with interest. When I started increasing discipline and patience, my burn rate slowed down tremendously. I must be doing something right...

I'm there with you, man. I've been at trading for about 1 1/2 years now, on and off. I know why I'm not profitable: lack of focus, lack of patience, and lack of discipline to identify and confront my mistakes. I realize this and I'm working on it. It may take me another 1 1/2 years to be...

Personally, and this is just my personality, I like to offer my experience to people and help them out. If that person does well, they can work with me - I've found myself someone who is a partner. I know that not all people think that way, but some do.

I would be alright if I could find a group of seasoned traders and learn watching them, without having to pay for it. Just the ability to watch and ask questions at the right time would be a big boost. The idea is that if they like me, I can join their group and work with them later. Sort of...

Thanks... What do you think about this idea: find a group of traders who are trading, and see if I can watch them trade and learn from them, then if they like me enough, join them?

I would gather that means the classified section of this forum? Thanks..

Interesting, so there are places that will give you actual training if you show that you already have some basics down and can make money. At that point I would gather its more like coaching than training per say, but that's fine with me because I already have the basics of technical analysis...

From what my research has shown me, there are prop firms that will train you (as in, for free) and let you trade their money. I just haven't found any FX oriented ones so far. There are firms like Jane Street and First New York Securities who will train you (the problem with Jane Street is that...