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Why does everyone want to be a trader? Is it strictly for the money?

what a great quote most traders fly by the seat of their pants & when they have a financial meltdown they wonder why either one is a professional trader or a gambler in reality most are gamblers that call themselves traders

hft trading there are winners & losers. the strategy itself offers no guarantee of being profitable

there is risk on every trade . sometimes you can't avoide situations that happen stocks halts or adverse market moves part of the risk & you have to bite the bullet the point is you should use stops or have a max loss for the day to preserve capital as part of your daily trading plan ...

hold brothers trading www.onli.com prop firm that has been around 15 yrs

not sure i would call or email them

shit happens. who would have thought lehman bros & bear stern would be history you never know so you limit your risk in any account as best as possible nothing to lose sleep over the market is your enemy & if your a trader you have to be able to handle taking a risk

if your worried . your not ready. take more time to learn your strategy only trade when you have confidence in your approach to trading

yes you can choose your ecn

the thread is about prop firms that offer 30-1 buying power ? that is why you have hard stops to manage risk on every trade. anything can happen as you know

you act like your risking millions in your account . geez trade with a small account & you shoud be fine with any broker take advantage of the leverage futures offer firms sometime just blowup . just the way it goes don't worry the market will take your money first

topic in day trading buying power by poster overnight different ballgame for all

real money & emotions it will feel different . you can count on that go live & report back on how your doing with making real money

if your trading futures better off going with a futures broker for platform stability tos seems to have dropped the ball

Hi Don the topic is leverage of 30- 1 daytrading bp / not overnight bright does offer that to it's pro trader's right?

look at ninja site they have a list of brokerage partners they work with interactive brokers & others. partners section . take a look www.ninjatrader.com

maybe a bounce or a bigger move down . who knows? markets can stay overbought or oversold for long periods of time there are no givens in what is due you have to trade price action if your a daytrader

there is NO substitute for trading real money It's a state of mind in how you manage your financial risk & emotions on every trade. you have to jump in with both feet once your confident you have the basics down in how to trade real money is the only way to know whether trading...

too many people are focused on how much money they could make rather then learn how to develope the skillset necessary once you learn how to trade then the money should follow it takes a certain type personality to be a profitable trader for years trading is not for everyone ...

for pro traders you can get 30-50 - 1 leverage with most prop firms daytrading bp only especially with a 30k risk deposit echo, hold, wts, chimera & others with a 99-95 % payout