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Exactly. Expecially true if you are learning it on your own without proper organised trading. You really need to get to work! Studying markets, backtesting, improving psychology...neverending journey :cool:

Lovely put. I love books. Also reading trading books - i love it. Even if I do not follow the strategy which is mentioned in the book or the instrument - I dont care I still enjoy the book. You never know what missing piece of puzzle you will find there! Also another thing - if you want to be...

Haha hilarious. i also took the quiz, was guessing only, but was fun!

But that sounds pretty good! The only problem I see here, is you were withdrawing more than you were making. Would be better if you would somehow reduce the spending or get an extra source of income, like a part-time job. 25% CAGR is good, just your account was too small for the 2k monthly...

Good advice!

I think that is the next big thing - teaching the algo program recognize graphical patterns instead of purely mathematical/computed ones.

Hi, I sent you a message!

In some countries you write a test after high school. The results and your grades decide at which faculties are you eligible to apply. At the end, if you study law, and you cannot get a suitable job, you can always go and do sth else. At the end, market will decide. Also the doctors: there is a...

the money they paid for the strategy. Not the potential losses that might have incurred, if I understood correctly.

Maybe one thing to consider. The big boys might not be interested in the $500 strategy which is circulating within the retail world. After you sell this algo, will you start building another one?

Immigrants also tend to cluster in high-income countries :D In EU, it is very well known, which are the popular countries, and which are the less popular countries. And also less popular countries need the plumbers. At the end of the day it is supply&demand - the remaining plumbers will be...

Well if you open a long order on a stock, it is in your best interest that other buy orders follow, would you not agree? Therefore it is in your interest to sell signals, even if you trade own funds full-time.

This would not surprise me at all. As a hf, it is so important to keep programmers in-house in order to stay on the top of the game.

ofc had to open a topic with such funny title :D :D :D

Hm, maybe getting real big investors will be difficult, if you do not have a live track record. Why not start there? Start trading it with own funds, no matter how big or small. Once you have a real track record, start approaching proper investors. Would you like to be a fund manager or...

True. I am European and education is free. I got university degree in my home country for free. My sis became a doctor for free. Friends became lawyers for free. Also in Germany is a good system - I did my MBA and CFA there, but got the tuition costs all returned as a tax deduction. Also a...

Important is where they appear - if the price is moving away from a significant level. If it happens in the middle of nowhere, they are meaningless for me.

Today with the rise of internet the knowledge has never been so cheap and convenient to obtain. And yes I agree - there is so many degrees where the job prospects are not good at all. Very bad decision to take on a loan to pay for such degree.

If I remember correctly, the ponzi scheme part of the business hardly ever invested money in the market. If not never. Would not call it exactly good intentions.

Hi Aquarians, I worked for an institutional investor, and just a tip - never say to an institutional investor the returns are guaranteed. So the system trades stocks and is related to cycles. How long is an average cycle? How long is the average holding period? How does it perform in ranging...