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  1. S

    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    30 000 shares were available at market price only at the first raw. There were many more shares from other firms.
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    So, it was my first day trading Live funds. I am still positive but could have been much better. The problem was that I was getting trade closure rejections on few occasions and closed few trades at less profit that I actually had. 1 trade I was up $20, tried to close. Yellow window started...
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    I do not get it. You do not pick your stocks yourself??? They give you stocks? BTW, what are your commissions fees you have to pay. I just talked last week to the office Boss and after everything it is now clear that every 1 tick in profit actually pays all the fees : liquidity removal, ECN...
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    the most important thing is that I have a plan and trade a plan. I have a daily plan for all stocks I trade and trade only when set up is present.
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    I think there is nothing foolish in 2-3 ticks stop loss. We have same rule and we have only $20 daily limit before we are stopped for a day. The most important is to know what you are doing and when you trade say very liquid stocks and scalp for 5-10 ticks, 2-3 ticks stop loss is very...
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    I made calculations. It looks like I have to add another $0.8-1.00 as liquidity removal fees (which I knew), some ECN and some other fee. So, it is actually 2 ticks to overcome before I am net positive. Today had many lost and BE trades. so, after calculating fees out out of 46 gross ticks...
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    You know, may be you see it too. when I am 1 tick down I start looking for opportunity to close at 0, if 2 ticks at 2. and it just moves this way, same price but one moment you are 2 ticks down, another moment 3 ticks down. But price is still same. I wonder what it might mean.
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    As I told, it is all psychology. But if you think, if you trade 2000 shares, you lose $60 per trade = 3 ticks loss you win $60 per trade. It doe snot matter because liquidity is there for you to pick. I need to move my things to Live 100 shares and after I am sure it works and I think why not...
  9. S

    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    this citi group got quite a liquidity. You probably can trade 10 000 shares there like 100 in other stocks :) I decided from the start to trade only the most liquid stocks and concentrate on same stocks daily. As I understand from Forex, each pair got it's own character and I am quite sure...
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    strange. I think with your results you would have traded at least 500 any stocks under $30. I was told to avoid stocks under $5 at all. generally, I am from $7 to under $30 but 100 shares so far. The Boss has some print materials with progress ladder. $40 in 1 week, we move to 200 shares...
  11. S

    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    I have no idea what you are complaining about. You are doing great. Just have some patience. i am sure in one year you will be laughing at what you wrote here. We are humans and our brains need time to program itself and adjust. It cannot be done quickly. You are progressing very well. BTW...
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    BTW, neveralone, the company sees your progress and this is why they are pressuring you. They gave you enough time to trade and learn. I still cannot get how that was possible to set new guys on live account since day one. Give them $20 daily loss and after 4 days saying you show no progress go...
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    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    You see! Never listen to those who say to quit. Especially you are a young guy with no family. I am sure you will be more than fine. Just keep it up man!!! I have just started with this branch. Next week it will be interesting. since I am moving from Demo to Live, but I already made few...
  14. S

    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    Trading seems like a thing that requires a lot of time to figure out. do not listen to those who say to quit.
  15. S

    Got into trading after college, 1 year retail, 1 month prop so far...I have issues..

    I am in the same boat as you. This is actually my second go at stocks trading as first time that was simply a joke. At least they do not give you a boot after 4 days of trading and losing only $20 daily as it was the case with me. Yes, daily loss limit was and is only $20. I am again with...
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    Title Trading

    Hello guys. It's been some time since I posted last time. I am actually with Title Trading again but different branch. it is a new one and amazingly unlike Scarborough (Chinese) branch they do have Demo . I remember Swift Trade demo and this one like a real live platform. No difference at all...
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    Make a living trading FOREX?

    I understand. As you trade equities, you meant probably that Forex market is a blind one. We cannot see volumes and other stuff you can see on Level 2 and 3. But actually with some differences it is all the same. I guess futures must be the most dangerous thing to trade. i work with a guy...
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    Make a living trading FOREX?

    I would not discourage anyone from Forex trading, but I have the freedom to choose who I fight against. And I choose to fight against weaker players rather than a heavyweight. Because in the end, it's who ends up with the money, not who wins against all odds that count/////// I wonder, what...
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    Make a living trading FOREX?

    Man, I found interesting topic. and wanted to give good advise to man who started this post. However, I am giving only such advises and I am not pumping my ego at all. I have no need. I need $$$ not ego pumping. I already give him good advise and this is my help. Otherwise, everyone needs to...
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