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Dottom, Past results, hypothetical or not, are no relevant here. KwikPop does not give you trading signals, it just helps you evaluate the situation and make your own trading decisions. You may ask then "why do I need it?" The answer is that their collection of regular and proprietary...

JS, Over the past year or so I've posted many messages here about trading tools and methods - let me follow up with you through a pm and keep this thread on KwikPop.

Daytrader, I've been there practically everyday for the past several weeks and I'm impressed with what I see. Again, this is not a black box system - just a good way to package standard and custom/proprietary indicators and some methodologies to support one's trading. From my experience with...

Daniel, I think that if each of the two firms, A & B, started the year with, say, 100 traders and at the end of the year firm A has 50 left while firm B has 40 left, then firm A is doing 25% better than firm A. In other words, imo, the 10 percentage points that firm A is ahead, represent...

Thanks for the reminder. I'm still papertrading the thing but so far it looks great. Definitely not a black box - just the way I wanted it. Smart developers, lots of training material (a bit scattered but high quality.) Check back in a while, the experiment continues :)

Daniel, The 10% success rate of a new business in the first year is a well researched and publicized, approximate figure that the Government (e.g., SBA) and large corporations use - I learned it first during my MBA years some time ago. Later, while I was new ventures manager at AT&T we were...

OK you guys, I don't see it the same way. When I got a job out of graduate school, the school tracked this happy event, "took credit" if you will. It is a useful statistic to be able to say what percentage of your students get good jobs after graduation, regardless of the fact that some...

Ron, It's hard for any of us to really understand why someone asks a question, so, my suggestion is, don't even try. A couple years ago, I had simple questions, like, how do I learn to trade? Now, I still have them as you can see from my original post, but they are a bit more involved...

Don, Thanks - you make a good point, I appreciate your feedback. Grist for the mill :)

Wow! The silence is deafening... And I thought I would have received a thousand interesting responses to this question already :) Anyone else from the prop trading folks here?

Gladiator, I see your point, and I agree that it is valid. I wish I were such a strong trader that I could look at success and failure with pure equanimity and learn the same way from both, instead of desiring the one and being terrified from the other. After all, success in trading comes...

Gladiator, We may be stuck arguing this for a long time, and we may be getting close to a religious argument of some sort here, but let me try (just once) again: What I meant is that it is far more difficult to define something by looking at what it is not, rather than trying to identify...

Strange, but this is a deja vu for me. I worked for a big company for 18 years. Then, I could not help but answer this same question, posed a little different: "what would you do if you were not a miserable travelling exec with many suits and white shirts - who hasn't really seen his wife and...

Don and/or anyone else, I can see that this thread has had some negative comments, but I have met people from the biggest prop trading firms and respect their skills and positive attitude. On the basis of that experience, I have considered going towards prop trading but have not managed to...

Gladiator, Although I see a certain logic in your statement, on balance, I would have to disagree: there is always an infinite number of things that could have caused a failure, just think of the great number of potential factors involved and their permutations. Avoiding failure is not...

OK Aphie, take a cold shower now and call us in the morning, you hear? :)

NihabaAshi, I found your post valuable in that it documents yet another angle of the trading struggle, but you may be reaching the wrong conclusions, imo. Here are some of my thoughts on this: This is a discussion board, and everybody who has something to say about trading is welcome to...

Axeman, I am always adding good techniques to my arsenal. However, at any given time (e.g., week, month) I tend to favor one or two that I think best fit(s) the personality of the current market.

SDTrader, Good post - some of these discussions fall apart and i'm glad you are willing to pull it back together with an honest statement like this. FYI, I am not the best trader you've ever seen, not even close, but I do fine. I occasionally have a bad day, but I'm net positive every...