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  1. T

    Anybody owns a prop firm?

    Sure. Here are my first 6 months. https://www.trademetria.com/blog/my-first-few-months-as-a-prop-trader-including-results/ How about yours? :D
  2. T

    Anybody owns a prop firm?

    Would you be interested in showing your firms total pnl to the world in a very unique and beautiful way? Why? Traders value transparency and seeing people's results. Please pm for details and we'll talk.
  3. T

    Darn trading...

    You are definitely right. I generalized.
  4. T

    Darn trading...

    He got deeper problems than not having a trading edge. Traded for 20+ years and have no savings???
  5. T

    Darn trading...

    What I used to do when I manually day traded was to have a daily stop loss that if reached, I allowed myself to take another trade. If it was a loser, I'd stop, else continue until either I made money back or hit the stop again. If you trade mechanically and your system is losing for that day...
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    Darn trading...

    I am glad you brought this up Gotcha. I knew someone would. It is tricky, but most times you just keep digging the hole deeper. Trading is all about following rules strictly and in this case capital preservation is mandatory. That's the point I was trying to make.
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    Darn trading...

    Have you written down how much this particular mistake has cost you over your career? I'll give you a real example. If the guy in the picture below had set a daily stop loss at -5k, he would have saved close to $23k over the course of 4 trading months which would represent an 85% increase in his...
  8. T

    Darn trading...

    True as well.
  9. T

    Darn trading...

    Do you have a daily stop loss limit? Set it and respect it, because your trading career depends on it.
  10. T

    Tech CTO takes 6-hour daily commute from Burbank to SF workplace — by plane

    No money is worth a 6-hour commute and the guy probably works during his flight too.
  11. T

    I Need Market Data Provider Recommendation

    Hey, nakachalet, both parties need to agree to exchange info. that's how it works.
  12. T

    I Need Market Data Provider Recommendation

    Lol, I don`t blame you Robert. There are way more technical terms than we need these days. A REST API is a programming language agnostic way to transfer data between services. It uses the widely known http as transfer protocol. So let's say Lightspeed offers a rest api. if I want to retrieve...
  13. T

    I Need Market Data Provider Recommendation

    I visited IQ's site based on the recommendations and contacted sales, however no one there can tell me if they offer a rest api. Anyone knows?
  14. T

    Have a trading firm? We have a product for you.

    Hi Matt, Thank you for your question. Typically firms load up a .csv file at the end of the trading day. We will soon have an api to automate the process. If you have a rest api, we can connect to it and download your trades automatically. I visited your site and was able to match your...
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    Have a trading firm? We have a product for you.

    Hey Nakachalet, thank you for your interest. I was only able to see a 1-minute video.
  16. T

    Have a trading firm? We have a product for you.

    I agree, it is not a silver bullet John, but it is an incredibly powerful tool for those who use it.
  17. T

    Have a trading firm? We have a product for you.

    Great question. Thank you for asking. Most traders go out of business without knowing the underlying reasons. They might say that they ran out of money, time, discipline to follow a strategy and so forth. All good reasons, but... When you analyze their trades with a system like Trademetria, it...
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    Have a trading firm? We have a product for you.

    Conventional wisdom says it costs a lot more to get a new trader than to keep a current one. Exactly how much more expensive is up for debate, but the fundamental concept is pretty clear: you’re wasting resources if the traders you work hard to bring end up blowing up their accounts. Traders...
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    Testing the breakout of a range... How?

    I am not a trend or range trader, but I'll give you my 2 cents. I'd ask a few questions before taking a trade. When it breaks the range, does it do it on strong volume? Low volume means not too many players are interested in breaking it. Did it close above the range? Indication that has...
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    Prop firms with stocks

    If you are outside the USA and want to trade stocks, you might want to check www.trader2b.com. Disclosure, Trader2b is a client of Trademetria.
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