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How is joining a prop trading firm going to change a losing trader into a winning trader? Go do some work and quit whining about sucking. Find a way to make your winners bigger than your losers.

Obviously most people will. It's a zero sum game.

Where are you seeing this? My broker has it quoted as limit down at -40 handles so only 2k per contract?

The ol' guns and food arguement. You guys obviously were never in russia or any soviet countries when they were collapsing. Lets just say gold, silver, diamonds or other precious stones goes alot farther than guns and food. Frankly, you would be better off with 500 cartons of cigarettes and...

Couldn't you just set up an llc? He be your trader and you be the "owner" of the llc. I don't know anything about the tax implications but I imagine that is a possiblity too although I think you probably want a certain amount of capital to make that a good option. GL.

Hey, I'm a recently profitable trader who after 2 years has started to find a real niche for myself in volatility breakouts based on Narrow range days. In the last 6 months I have started to really become profitable and find alot of confindence in my chosen methodology. I have recently...

Hi, this is Tom Baldwin and I would like to say that WoodyK and I have had many talks over the last 3 months. He is by far the best trader I have ever known. Let me tell you his story: We met when we were about 14 at Glen Ellyn West High School In Glen Ellyn Il. Most teachers at the school...

Saw this today. Made my day when the huge smile came up on her face when she won.

Yes you did. Spielburg essentially took the prop trader route in film.

Lol what trajectory? Is there some kind of path you have to take in order to be successful?

Are you kidding someone who fails at trading, assuming some kind of education i.e. college degree, would have a million options. How do you get no options? Do you know how many people go to med and law schools after the age of 30? Are you serious? This has got to be a troll. Alot of...

Modeling is completely different because it's based off looks which someone can't control. I would have told them if they really wanted to be in film to figure out what they did wrong and work on it. Most will just accept the rejection and move on, the passionate, willing, and successful...

Would you have told Spielburg to quit film when he got rejected from USC film school because he had a C average in high school?

Not sure what you mean by equity style exposure but since you put in 99% of people here I'm sure it was some kind of dick waving. Cool, good for you. I would say, no, that busking in Europe is not the same as studying at Juilliard. It would also be a hobby if someone was treating it as a...

Not to mention the majority of people aren't dropping out of college by choice.

I'm not in disagreement over how many Harvard dropouts are millionaires. I'm simply stating that in order to become wildly successful a person has to take risks. Most Harvard dropout millionaires aren't Bill Gates and most traders won't be Paul Tudor Jones. That's not a reason to not try...

They are because anyone who has had great amounts of success has taken lots of risks to get where they are. Are you deluded? There is no easy/ riskless path to success. You would have told Bill Gates to stay in college too. "Bill stay at Harvard that business idea you have is pretty good...

Not to mention the countless great musicians who didn't go to Juilliard. The great bussinessman who didn't go to Harvard. The great traders who didn't start at an I-bank. Etc. Etc. You're a sucker and always will be with that attitude. How can you ever succeed at anything if you expect to...

They said the same thing to Van Gogh or Jackson Pollack. Was there call option to far out of the money when Van Gogh was cutting his ear off or Pollack was splattering paint and they were laughing at him. Not everyone takes the same track. You would have told Jobs to leave India and come...

You gonna be a legend when you catch that big one, am I right bro? You are going to be the guy that calls that big down move RIGHT AT THE TOP? FUCKING RAD BRO!!! Only problem is you will be out of money before you are able to do it. Losers fade uptrends.