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Big money houses should decrease the 250K salaries of analysts to $150K and give them atleast 1 personal analytical aides at $50K. Hence making initial spreadsheets set ups or presentation templates or even summarizing a whole 60 page report on some industry into 2 pages etc. would not be...

Was this done with real funds real time or mere paper trading. Real funds would be an impressive feat !! :D

Forget this discussion about Fed vrs Private sector pays. The bottomline is governments tend to overspend and need to curtail that in order to bring financial books into black numbers. :D:D:D ps: don't know about pay, but pensions in government sector are much better.

u r welcome big shots :D

trading is a whole ocean so cannot tell what to learn and not. just type in your favorite indicator let's stay StocRsi and just like Google search, you will get various hits and go from there. this guy http://www.youtube.com/user/SchoolOfTrade/videos has more than 1000 vids, this is a good...

I know of excellent Prop Firm who does only education and does not charge any money. They will not let you open and account or trap you into high frequency commission trades or leverage. The firm's name is YOUTUBE.com !!!!!!!!!!!!!!!!!!!!! Type in trading or trading system etc. etc. and...

So that means you trap the losers wanting to impress their 'current crush' and in the end dry their accounts out? There are barriers to entry.................top one is............do your solid due diligence first. :D

Thanks for this post as it clarifies that day trading is a very different creature, which is not for a new guy. Even the guys at big firms do not do day trading as much, so why push it to the new lambs. Fortunately I never went and will never go to the prop firm. Lost money in futures...

Is that why majority of prop firms also go belly up............no pursuing the model for failure? Leverage is a big honey trap also, won't you agree? Also consistent and extremely fast paced trading requirements, make it nearly impossible to ride several vehicles at the same time and...

Leverage, high speed, tight rule constraints...................all are a model for failures. Prop firms make money from education and commissions from fast trading. $5K for training the guy and hoping to squeeze another $3K from (fast high leverage trading). System is programmed to shut down...

Prop model is flawed against the trader. Just like casinos machines are programmed for players to net out in loss. Learn from the markets.............anything that works catches on to the general population. Prop trading (speed high and constraints tight) can work only for 1-2% top guys...

Have heard of BAT, Butterfly, Gartley 222, AB=CD, Crab, Cypher. Now a new pattern Shark....................what are the rules of the Shark pattern. Btw, heard from a serious currency trader that Cypher has 80% success chance. BAT and Butterfly between 60-70%. Good...

it is infact a good idea to discuss and go really really forensic into individual indicators and combination of few.............if only OP is given a fair chance !! :D

go on with your thread, it is a creative one, just do not answer to offensive nonsense, they will quieten up quickly. cheers !!!!!! :D

futures and forex are leverage plays, high leverage. such risks are a fast way to account blow up. also in futures and forex, much more smart money is involved and these big sharks often join together and wipe out little guy's stops in a one go. on the otherhand in stocks...

Since India truly adopted market reforms in 1991, the economy has more than tripled and life expectancy has increased by 5 years in last decade alone. Free markets with ethical and disciplined approach are a powerful mechanism. ps: even in 2014, India, China etc. are still top grade...

If I may ask, what instrument are you trading :D

this is a simple "pump and dump" chart. :D

use the OCO order type, i.e. one cancels other. however, also tend to kill the OCO and exit on self discretion. :D ps: it is not a perfect world ;-)

first one is still in the process of playing out !! :D