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    CaliberFinancial Training Program

    Read my profile, I clearly state that I am a partner.
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    CaliberFinancial Training Program

    Wow, I go away for a little bit and the group I work for is getting blasted for no apparent reason. We haven't fired anyone, no one has quit, and we never worked with traderxp, but for some reason he has a beef with us. Just to correct your facts, the two partners of Caliber resigned to start...
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    How much can you????

    With around 300K in buying power, and 25K in real capital, you should do anywhere from 1/2% to 1% on the buying power, and 5% to 15% on the real capital a day. I rounded all the percentage's so please, no one harp on the fact that the two % ranges don't match exactly. I know how some...
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    Prop Firms Require the Series 63?

    Don't worry, it's an easy test. Take it, you can always use it later.
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    Trader Trainers

    They became impatient way too soon or just didn't want to do the work required. One bad trade and they couldn't concentrate.
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    Trader Trainers

    It took them on average from about 6 months to a year. I knew after about the 3rd to 4th month that the other 4 were not going to make it. They worried to much about the fact that they weren't making, then working harder to keep learning. They lacked discipline and the mental make-up needed...
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    Trader Trainers

    No, about 7 of them are profitable traders. The other 4 prob won't make it, and the other 4 are newbies in the process of learning.
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    Trader Trainers

    I'll be glad to show you my P&L's, and then you can post on this site that you have met one. So there will be hope for those newbies that a trainer does exist that makes money.
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    Trader Trainers

    How wrong!!! I teach, and I trade. I make an awesome living trading, I don't need to teach. But I know how frustrating it can be to get into this business and struggle. I struggled, until someone helped me put the pieces of the puzzle together. In fact I almost left the business, how sad...
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    Trader Trainers

    That's the best benefit, plus the extra money of course.
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    Trader Trainers

    That's a hard one to explain. But I'll try. A trader needs to be able to put in as much work as possible to get a feel for the markets. He has to be able to deduce why a stock and the market are doing what they're doing with a reasonable explanation. They have to be willing to put in the...
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    Trader Trainers

    Absolutey, if a person doesn't have the mindset of a trader he'll never be good, no matter how much you work with them.
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    What's the logic of the capital requirement at a prop firm?

    training is important, cause if the trader loses money, he won't stick around for that long.
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    What's the logic of the capital requirement at a prop firm?

    Any firm that the new trader joins, the mentor/trainer should insist the trader explain why he's doing a trade. That's the only way for the trainer to get a grip on the traders abilities and what he is doing right or worng so he canfix them. As far as firms making money, it's not true that...
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    Trader Trainers

    You're right on the money with the last statement.
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    Trader Trainers

    First off, a trainer that doesn't trade shouldn't train. That trader is out of tune with the market and can't help the new trader adjust to the ever changing market. The trainers job is to get the trader up to speed with different methodologies and how to combine them into a broad strategy...
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    Trading plan if Iraq war announced?

    I agree, most of our enemies were armed by the US. But when those same countries pose a threat to our way of life, they need to be eliminated. If they are not, they will cause greater destruction later. And history proves that. Hitler, Milosivich, and others killed innocent people, and many...
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    What's the logic of the capital requirement at a prop firm?

    I agree with you. But the more capital you bring in, the less risk you are to the firm. My belief is that both the trader and firm should bear some risk. The trader should have something to risk, and the firm should bear the risk of losing money if they don't work with the trader to make him...
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    What's the logic of the capital requirement at a prop firm?

    That's kind of a silly statement. The manager of an office has to do the hiring, deal with the traders problems, and anything else that comes up. It would be impossible to trade if you're constantly being called away. But, the trainer, should always be trading, so he can stay in tune with the...
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    Trading plan if Iraq war announced?

    This market wants to go up. We just need to clear this hurdles. Look at todays trading, it was slow and choppy to the upside, but they refused to sell off. Offers were getting lifted almost as fast as they got posted. They sucked everyone in in the morning, took it down so the specialists...
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