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The main reason why most equity prop shops are set up is to provide extra leverage to the uncapitalized trader. Any business is in business to fulfill a need. Since FX trading already allows for incredible leverage, there isn't a need for retail traders to join a firm. As you have already...

I am updating everyone on how this experiment is working out. So far, so good I have to say. Samples: 21 Wins: 9 Losses: 12 Win Ratio: 42.3% Longest consecutive win streak: 2 Longest consecutive losing streak: 4 Heads/Longs: 12 Tails/Shorts: 9 Ratio: 57.2% Net pips: 100 (net of...

Marked down. I'll cya there

either day is good for me... I agree that we should finalize this so everyone can plan this into their schedule

I'm sure some of you have tried this before. Can you tell me what you found out? I am experimenting with this "strategy" if you can call it that. I'm going to learn the hard way, but if anyone has anything to say about this method, I'd be happy to hear from you. Here's my game rules: *...

posting just to refresh the thread :p

I like Steamworks. Atmosphere is better than the Yale.

So Yaletown pub for sure?

30 big figures in 1 WEEK? Umm...you sure you didn't mean 300 pips in a week?

I'm in Vancouver and might check him out when the FF comes here in Feb. But anyways, I will wager a guess that his 3 day course is in the range of $1500 to $3000USD. If you want to learn about FX, just research the web. Also, go to other free 2hr seminars in your area. You will pick up...

I'm still listening to him after about half an hour. I also own and read his book, Trading to Win. He seems to be regurgitating common trading rules. Nothing new. "Keep a journal, cut your losses, have a stop loss, etc." He's also saying some pretty stupid things that every trader knows...

A big bankroll.

No. I think it's random. But you can find correlation in random data. If I were to bet on the next woman, (since I'm single now and have time to contemplate and write something abstract like this thread), I would bet on Scorpio opposed to the other 11 signs based on my correlation. :D

I got into a philosophical debate with a Microbiology undergraduate friend of mine over beers tonite. The topic was, is it enough to base (life/trading) decisions on knowing the correlation without knowing the causation or reason why something happens? example: Who wins the Superbowl has a...

No one has mentioned this yet because I think people naturally think about their own self interest first and foremost. However, consider the people that you leave behind. No doubt that your life in your current situation has made an impact on the lives of the ones that LOVE YOU. So the...

"They" are inside. Never ideal but idealistic. The truth comes from within. DNAJ65000

1) Get everyone in your small company to take out a personal loan. 2) Look up credit cards for low introductory rates and take cash advances from them and make sure you repay and cancel the cards after the intro rate is over. 3) Take all this borrowed money and put it in a brokerage that...

If your goal is to actually pull the trigger and make trading decisions on your own, a prop shop is the way to go with your background. If your goal is to be anything else but a trader, then the firms (banks, brokerages, investm firms) is the way to go. At these firms, you will have to spend...

Excellent numbers. Then I congratulate you on finding your edge and wish you the best. Size up when you feel confortable and make as much money as you can. DNAJ65000

Hi Steve, How many different strategies have you tested and failed? Also, how long have you been in the markets? Your quote here raised a red flag that I felt compelled to reply. You say your system has a high win/loss ratio but your wins are small. This type of pattern probably has a...