Search results

Funny thing is.....when the last group I worked for interviewed me they said " You have experience and a very good track record...we will let you trade your way and wont breath down your neck". Within 2 weeks they were forcing their ideas on me and giving me sh#t about having too long of a...

I worked at large equity prop firm for 7 yrs. They were very very successful because they let guys trade and weren't all over them. Unfortuneatly equity trading went to cr#p when decimals/trading in pennies came in and killed the game. I then traded at 2 different prop firms (futures). One...

If it appeared rude then sorry. Was suppose to be more sarcastic. I went back and read through all his stuff. Does seem like a very nice guy...and yes he seems honest (although is interesting that when he started posting trades after they happened his performance got a whole lot...

Perhaps I come across too harsh. Am being sarcastic at times. And yes..we all have bad trades...have em every day/week. I got caught real bad in the euro last month..got stubborn and paid dearly for it. Hey if he had a 12 point winner god bless him....nice. My problem is when you have...

I went back and read his first journal. My conodolences to anyones account who follows him. He takes loss after loss. Some times he has a decent winner and turns it into a loser. That is horrendous trading. The only good thing he does is use stops. But trying to make 12 points with a 7...

Oh man...where do I start. Seeing how you are such an expert maybe I can learn a thing from you. Not sure how long you have been trading. I started in 1992, so have sold many bottoms and bought many tops. My point was , this guy comes on here blabbing about how he makes money...trading...

Man...you claim to be some sp trading wizrd...you post a trade to buy ep at 1234.....they proceed to drop 15 handles to 1219....the biggest move we have seen in a long time....you are good....

Maybe.....the place I was at hired a slew of guys...kinda like throwing sh#t at the wall and seeing what stuck....problem is...nothing is sticking..lol........ I tried trading that "master one contract "thing....is fine when your market is moving...but you are a dead man when volatility dries...

More like used beat up station wagons....hey...the guy blabbed about how great he is...he put on a bad trade (buying the high in a range bound mkt is nuts)....I am just commenting on it...LOL...dont mean to offend anyone What I saw was Cl down 2.15...Sp only up 2 points..not good for the SP...

What you mean? Adding to your losers (longs) as they got progressively worse during the bull run and waiting for a rally to luckily get out ok with your head still connected to your body?

Long at 1234 eh? EP currently at 1226.......looks like they blasted through your stop...I guess this was your first post of a trade BEFORE extiting...buying the high of the day kinda sucks huh....I thought trading Ep's was sooooooooooooooooo easy....keep psoting your trades uopn entry....you...

Eprado, I don't mean to burst your bubble, but this is the correct way to learn how to trade. Not bursting my bubble at all.....but buying and selling Ep all day long for 2 tick winners and losers will get you nowhere(dont even attempt to say that trading the euro for 1-3 tick profits...

BINGO!! Wonder why a lot of the firms are not doing that great right now because they are all based on the same trading model and most won't change. It works for some people but hard to have a floor of 80 traders and force then all to do the same thing. It worked when it was still inefficient...

Make you about right...its all about the comms with most prop shops, if you manage to turn a profit as well then you are a real hero!! Not really the best way into trading, but a way in none the less! Peace & Profit Definetly a way in.....and I guess for someone starting out is the...

Cluseau Registered: Apr 2005 Posts: 434 10-04-05 04:33 PM Ricky's watching oil crater and thinks spooz will test 1242 Why would anyone trade for 12 pts and set a stop 7 pts lower. I wish him luck as that relationship changes every few hours...CL down 2.17 and SP up...

You'd better explain to your wife that you arent going to make money for the short term. The best candidate for a new prop trader is someone who doesnt have a ton of responsibilities to meet outside of work. Its gonna take a while (maybe a few years) before you really start seeing decent...

Problem is with most of these Chicago prop groups, they give you very little to no room. They say "here..trade 5 lots of e minis with 500 dollar downside" Thats great. Then when its time to move up in size they say"ok..trade 50 lots with 1000 dollar downside". Do the math....doesnt work...