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  1. 1

    Prop firm payout structures. feedback needed

    No capital good, the rest just doesn't add up. If your young with very limited bills, give it a try maybe. $1000 day is less then 350 to you, just do the math, it'll be hard to earn a living, with any outside bills. You need to be realistic with the amount of up days vs down days, then...
  2. 1

    Trading start

    I did the pay training thing at ota, really it was just a review( former broker myself) good review, and learned a thing or two, sort of expensive, If I had it to do over I'd find a mentor who has a proven track record. a few good books and a mentor is the way to go.:cool:
  3. 1

    Trader Psychological Test: The Left Brain vs Right Brain

    I see it both ways when I use the scroll keys???? just my 2 cents???????:confused:
  4. 1

    Afinity Trading - Prop Trading Firm in NY

    They are a brand new company, and from the looks they have the same VCM/Team Trading model:eek:
  5. 1

    Trading is NOT a business

    The only people to make money everyday are liars, been trading off and on for 15 years, most good some bad, nothing fancy a 300-400 day most of the time, not all the time, pro-status no, sort of a joker who is profitable what ever that means, but it is a business to those who trade more often...
  6. 1

    calling all JC Trading Group, Coastal Trade Securities,T3 Capital & Dimension Traders

    Commision sounds solid, the rest sounds a bit fishy!
  7. 1

    calling all JC Trading Group, Coastal Trade Securities,T3 Capital & Dimension Traders

    I once worked for a firm that J&C Jhon and Chris had worked for, I started a bit after they left they are honest guys been in the "biz" broker/branch mangers and trading probadly 20 + years each. JC does require a U4, and one year lockup
  8. 1

    Prop Trading Taxation

    That sounds correct
  9. 1

    Are there any professinal trader chat rooms?

    I will listen in on daytrader rockstar when i get bored he is a swing trader mainly helps with the bordem, or juggernaut.com he has some huge trades, and some not so great ones as well, for what it's worth I use his commentary as indicator. He trades a lot of break out stuff. pm me for details
  10. 1

    How to learn to take profit?

    half of 1000 is 500, half of 500 is 250 etc
  11. 1

    How to learn to take profit?

    I had the problem of selling too fast, my soultion was to take half at a low target, another half at second and final sale/stop at thrid target or a breakdown in strategy. So if it was 1000 shares, 400 or 500 at 1.5 times the stop, leave stop a same level, next sale at 2 times stop 200-300...
  12. 1

    How do you handle someone asking you about trading stocks, etc?

    I used to tell people I was in construction and property mang, lately they started down the same old road, "isn't that risky" "it's a gamble" which happened to be the same responses that i'd get when i told someone I traded, so now I tell folks that I stare at a computer screen, because I'm a...
  13. 1

    Day Trading is a pipedream.

    I was swing trading for 5 years in the 90's nothing fancy S/R slowstotactics and the macd, avg probadly 1k per week on smaller size like 300-500 a pop, one or two postions open at a time, for the last 14-15 months, i've been strictly intra day, intraday is far tougher then swing trading...
  14. 1

    Swing vs Intra day

    That is the realization that i have come to as well.
  15. 1

    Swing vs Intra day

    So I find out today that two people who told me never hold over night when trading as a full time job, make most of their money off swing trades not intraday stuff.( they trade full time) which really makes me wonder. So let me pose this question, if you are a full time trader what % comes...
  16. 1

    broke/ unemployed and out of options so i signed up for the military.

    One of my 3 regrets is not joining the military, I would be done in 3-4 months, with 20yrs.
  17. 1

    New trader. Is my strategy ridiculous?

    I always told my clients (when I was a broker) to average up not down the math doesn't work on the way down. You can make money like that, however an accounting problem or the like will pretty much wipe out the account. It is a matter of time till it blows up. Not trying to be an ass but it's...
  18. 1

    Hard time picking a broker

    I'd look to light speed or cobra if I had it to do over. Some of depends on your style, if your scalping those are good choices, if your swing trading, and don't mind a little more fees, and want nice charts look at Trade Station however call them and prod them about fees.
  19. 1

    Depression II

    I bet u met ur wife in one of those neighborhoods:eek:
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