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No one did, but i assume that if i walk into a hedge fund and tell them that i trade micro cap, small cap and Penny stocks, with a 400k account with a strategy that isnt scalable they really wouldnt give a shit

There are many niches like mine on penny stocks, mirco cap, small cap that work with accounts up to 1-2m after that they dont. If you go to a hedge fund with this they will laugh at your face. Its hard enough to enter a 20-30k positions in these companies i cant imagine doing it with 100k plus...

lol beter lucky than smart Because i only trade equities in the tsx V and partially the TSX which has been in a down trend since the last 4-5 years. And this method is not scale able so going to a hedge fund wont do anything

I already know what I want to do and that is to trade, for my self. After i graduate in May i will not be going back to school. Its already hard enough to try and balance my small part time job with trading, it will be impossible to do a graduate degree and trade full time especially the way I...

yes it does Ive been using this strategy for 5 years and it would have worked in the last 20 years. Its more of a method than a strategy

Anyways, the money is in. And as expected i am already facing issues with liquidity, i think this system will cap out with an account size of 750k. I just dont want to invest all this time into one system/strategy for it to lose its effectiveness in 5-6 years time. Ive began working on a...

This was a very close friend of mine whose parents have some serious cash I think that the 90% failure rate is true for everything not just trading. Very few people are willing to put in the work for anything that's why so many people just become average. 1 out of 50 people who will join a...

thx again for all the good info and insight. I was lucky enough to get an additional 200k from someone close to me, i will keep posting about how it goes and how the new strategy comes along. Take care

Thank you, A CFA in 2003 was a lot more difficult than it is today, you should be proud. Im spending a few days a week now back testing and trying new systems on paper and then i execute them on smaller separate accounts of $5000 for 3 months and I take it from there. So im hoping one or...

Right now i have a predetermined watch list that Is made from about 400 picks and i narrow it down to about 50 stocks and its revised every day. All the trades are done manually so everything is very labor intensive at this point which makes it very hard and stressful to me to focus on work/...

I really appreciate the advice, thank you kindly

I only have 3 classes left so i might as well finish them, the whole algo/programming side of trading is something i neglected, since what i was doing was working well. It just seems so foreign to me and completely new that's quite intimidating at first glance. I began working on a secondary...

What are you asking here?

Will do thanks, but you also have to consider, what you want to do. As I said I would rather make 75k/ year trading than 150k/year working a finance job. And I do feel that 75k/year is quite feasible with a 500k account considering that I make close to 100k with a 200k account.

Thank you, much appreciated.

I am asking for advice, that's it, just asking how everyone else did it.

Wow you sound like a very angry individual, I dont know what your talking about since all the equities i trade are listed on the TSX-V and a few in the TSX, which is clearly not in a bull market

This is why i would like to grow my account size to at least 500k and create another income stream before doing it.

You pretty much need a CFA here at minimum, and If im down 10% or not making any money then im doing something wrong

But you can get Lvl 1 which im studying for Id be happy with a minimum of 15%