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yeah forget about trading alongside long term professional traders you stand a much better chance trading from home in your pants lol.

honestly that's totally cool. Everyone will have a different opinion just the same as everyone has an opinion about how to trade the markets. I find most of my views differ from the retail minded trading book approach, that's the space I am in. GL.

FALSE

some of the people who work high up at exchanges have a stake in HFT. that should answer your question. yeah its messed up.

LOL. I SEE THE UNSOUND OF MIND HAVE ARRIVED. 11,000+ POSTS. CARRY ON

Took me 5 years to make any money but I had much to learn, bad habits to reverse and adverse traits, most do. You are well on the way when you are a scratch trader and you cannot remember the last time you ran a loser. Next stages for me were banking when the bulk of the move was complete not...

hmm yes the best I have seen are secretive, immensely committed and focussed. An intense concentration on money management also. They don't try to cut losers or trades they no longer want they just do it instantly without thinking/hesitating and walk away. If I was going to trade stocks with...

i was intrigued as to what round trip costs Shark offer. I filled in the form on their website and the trading conditions they sent me say on their fixed schedule they bill $0.02 per 100 shares which is 20c per 1000. On the fixed schedule the platform fee is $275pm for 100,000 shares per month...

good insight Mav. I concur 'game selection' is so important. i used to watch the DOM & T&S on very liquid instruments just like the retail crowd. Most retail are trading things like flat price ES futures & Oil where it is very difficult to gain an edge using DOM & T&S. If they applied their...

nobody said anything about liquidity completely drying up and why would you wipe your account if you are using sensible MM. Some of the stuff I trade is illiquid, I can get out instantly at any time but for a bad price but as I am trying to make money I don't want that bad price, the option is...

Have you considered that there are less algos playing in illiquid markets? Does price move efficiently in illiquid markets? Just some things to consider.

Vindago. I agree it is possible to trade profitably in your pants from home with little or no contact with pros. It is possible but not probable. All I was saying was that the best chance for a newbie is to move to a city where prop firms are abundant and sacrafice 2 years at a pro firm to see...

I urge you to power down and seek urgent medical attention. Its clear you have issues that you are projecting onto TST. Its not for everyone and what you are doing is not healthy.

Oh ffs not another zsg thread. No stocks are not zsg in the same sense as futures. With futures there is an infinite supply of contracts. You and I can magic them up out of thin air, not so with stocks.

First time I have ever heard trading being compared to being a prostitute. Lol. The market is the whore because it is out to screw as many people out of their money as possible. A new low perhaps?

It was purely a personal challenge, to take a decent cheque and post up the details here to get the negative nellies to shut up about TST.

superb post Mav. I still think there is some juice left at prop firms but only for the best players and there are absolutely no easy edges now. I base this on what I see prop traders making £250k+ p/a people who have built up large accounts, of course most prop traders fail this is a performance...

Yeah I know everyone on trading forums wants to give you 'advice'. I was inspired to write this due to some of the nonsense being written on the TST thread. I just want to share what I would have done differently if I was back in my 20s and was learning this business again. Hopefully this may...

I see a lot of this 'minimum wage' analysis on trading forums and I don't think it's helpful. People need to realise that trading is not like a regular job, it is an opportunity cost proposition. I see people come and go from the firm and the people who need to make their living expenses in the...

Man you are sooooo broken and negative. Yes trading outrights is very difficult, it's an elite profession. Come over to the darkside? You want me to spend my time bitching and moaning about TST, nah that's a negative and losing mentality.