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Agreed. It's good to see you're doing so well. It's just a double down style with bottom picking (if that's what you're doing, too lazy to look at your trades) has a characteristic of making larger than normal profits at times while being very susceptible to that one big event, black swan...

I agree. I never used to participate here years ago and I felt less distracted and annoyed. I tend to think my participation on ET now is a bad habit that I'll get rid of once I wise up again.

Good to hear. It was good the management was prompt in responding to clear up any fears, although there's no explanation whatsoever, which wouldn't console me 100%. But then, that's probably a matter internal to HLV.

About to sleep but my bet's this guy's a shill for some firm called Avatar with few traders, trying to scoop up HLV evacuees.

Hydrant? You saying I piss on hydroblunt? :D

Sometimes I wish there was more regulatory control over this industry and several lawfirms out there that will go to the mat for traders when faced with firms screwing the little guy out of his money. It seems inordinately dangerous for traders who join up with these firms -- who give great...

Trust me, those feelings don't go away after two weeks. The subconscious mind is a lot more powerful than most people can imagine, and it requires heavy, consciously-directed effort to rewire those associations with pain. That begins with identification and ends with endless effort...

Right that's fine, but it's not so much the win/loss balance as your emotions at the time of the loss and what you permit yourself to feel -- as in your risk tolerance levels and how strict you are at keeping them. As far as your last paragraph goes, it WILL happen. It always does, because...

#2 stood out for me too on reading your post. I also get a sense that you subconsciously have doubt in the back of your mind, probably because of your long previous losing streak, possibly self-esteem issues. Possibly also because you feel like trading is a default career choice. What also...

Looks like you had the right intuition but there was nothing you could do about it by that point. And yeah -- those are glaring signs. Although if it's regarding a margin call you'd expect it was something recent, not a month ago, unless it's not about margin at all. I'm sure a lot of...

You've posted this like eight times. Start a new thread asking specific questions you need to understand about the prop business model: how commissions work, how the payout works, what are the good and bad aspects of the industry -- first. When you are in a position to understand (after...

It sounds as if you're maintaining a fixed strategy in a regular instrument. Maybe you should divide a portion of your capital and set up a separate second account for a completely different strategy. It takes a large amount of study to relearn the trade in a new way, and when your mind is...

Talk about bad timing. Weren't you the one due for a full withdrawal in like a few days?

Hm. I'll have to watch out and see if there's some of that going on in my stocks. Honestly, right now I don't see much of a problem with the transition. I wish some more people could mention their thoughts.

Oh sure, nothing's wrong with a firm making money, as the industry has value and firms should have an incentive to offer services. I personally love trading, and I am glad to provide money to my firm which has been good to me. Capitalism thrives in environments where information is...

Yes, this is it. Obviously results vary between people, but generally you are playing with a deck stacked against you. Also for the people who are confused, if you are down GROSS regularly, the firm will boot you. If you are up GROSS regularly, but down NET, very often they'll hold onto...

If you've traded successfully on your own you should pretty much know what instrument you want to trade. The more specialized firms with a decent edge allow you to trade futures (rarely options). Most will have you on stocks, and particularly NYSE only, unless you're doing liquidity trading...

That said, some can make starting out in that environment. You just have to be willing to not increase your volume and just watch the market day after day, trading tiny amounts and never gambling, while reading tons of information on how to understand market mechanics. You would have to do...

Actually I should clarify. Luckily you don't have to go into your own pocket to pay them once you start losing money. But they take commission no matter what. Most inevitably end up in the red for a long time, possibly several thousand dollars, when in reality that debt doesn't exist and they...

If you have no capital to contribute and you're going prop, most firms -- nowadays -- will bring you in and teach you scalping. Something mechanical and uninformative like stepping in front of size (bids and offers), and holding for very short periods of time, or liquidity trading, which is...