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Unfortunately not many prop shops in Canada and don't have the credentials to get into good ones in the US like Jump, IMC etc. Going to be going it alone, luckily have some experienced traders helping me out. What did you learn at the prop shop that you weren't able to learn on your own?

This guy obviously hasn't read Nassim Taleb's Black Swan before writing his own book :D

Sorry for reviving a dead topic. I am in a dilemma whether to choose TT or Jigsaw as well. 1. Does TT work on Mac? 2. For the standard version at 50$ per month, does it have all the features or are they limited? 3. I could not find the data fees for the Osaka Securities Exchange on your...

Hey, glad to find another one! :) Are you an intraday trader or more of a swing trader? I spoke with IB customer service recently, they provide Level 2 but based on the quotes I got from them it costs around $55.5 every month for all Level 2 US data (Level 1s 4.5$, Nasdaq Total View 15$, NYSE...

For anyone reading this thread in the future, seems like the best option is to go to IB + DAS Trader Pro if you are in Canada. Comes up to around ~150-200$ per month depending on which package you choose. There is an another option called Medved Trader that you can link to any broker for a...

Here is what I got after I filtered everything out. Not going to read everything obviously but I will probably pick 1 from each category: Overview of Trading: Market Wizards Interviews with Top Traders by Jack D. Schwager The Little Book of Market Wizards: Lessons from the Greatest Traders by...

No worries! Thanks for the help! Do you still actively day trade? Are there any tools besides IB that you use - a scanner for example? Would love to hear about which tools you are using. Thanks and cheers!

Well, take forex or crypto for example, anyone can get started with a small account because they only have to pay commissions relative to their accounts. On the other hand seems like with equities, you have to pay a high amount in fixed monthly costs just to get started. And, since I am just...

Hi, As the topic title states. I am basically looking to get set up for day trading. As far as the broker is concerned, all the research online points to IB so I have that part sorted out. But IB doesn't give Level 2s by default so I will need another service for that and a scanner...

Can you please elaborate on who is Jack Hersey and where can I find his stuff? I know that the user 'acrary' has posted some gold on this forum back in the day. Is 'Jack Hersey' someone else who's posts are worth reading?

Any advantage over NinjaTrader (which seems to be the most popular)? Also, do you have links to the blogs/threads you were talking about?

Yes I can write code, was a full-time software engineer. Which platform are you using to test, NinjaTrader?

Okay how did you learn to test your strategies/methods because seems like you didn’t use any books.

Hi, I was looking for books that could help test a strategy/system. I found the following recommended on various posts in ET: 1. Street Smarts: High Probablity Trading by Linda Raschke 2. Trading Systems by Perry J Kaufman 3. Trading Systems by Emilio Tomasini And then there is of course...

Thanks, that makes sense. However, most prop trading firms in my city are dead and moving to the US is not an option right now. You are right about getting a job in industry is the best way to get educated. If that’s not an option, what’s the alternative? Just stick to long term investments?

Makes sense. Do you have a resource that explains how to test Trading Ideas thoroughly?

So what is your suggested way of learning trading then? If you say that it is 1000s of hours of screen time, you are right. But, doesn't a trader also need to know what he is looking for when he is looking at a chart. How does a trader without a mentor even know how to get educated without...

So, one of the biggest problem I come across in this business is there are too many damn educational resources (probably written/created by people who are passionate about the market but were unable to make a living from it). Anyway, collecting from various forums, I compiled a list of books to...

Exactly! Most of the best traders did work in industry before venturing out on their own. Why don’t you start? How did you find your edge. What is the process to find your edge? Yeah actually you don’t need higher than 51% but then you will need higher risk reward. So my mistake.

Yes, but how do you find that strategy? I understand the idea of trading. Find a strategy that has higher than a 51% success rate, keep applying the strategy consistently with discipline and you will make money. But question is, how do you find that strategy? And another question is how do you...