I have a friend who's opened a shop in China. For starters, you better get your butt over there and make some friends in the business community. If you don't have a local business partner, you are out of luck.
You post the same questions over and over, and get the same advice, but continue to trade as if you have no clue what you're doing or why you're doing it!
Your time in this business is limited (unless your capital is not). Seriously think about what you're doing here or you are toast...
-$9807 net on 180,500 shares
I've got 3 systems sucking wind big time right now, one of them in a record drawdown. I think I'm only up $3k on the month with a week to go. Haven't had a red month since April '02, gotta keep that streak alive.
When I try to log into my account on IB's website, after typing my user id and password, I am always taken to a page for trading permissions for the Sydney futures exchange. Nothing I do will get me anywhere else, I'm completely locked out it seems (unless I actually want to subscribe to the...
Nothing special with that revelation. Have your friend read up on bollinger bands or keltner channels.
He's about 5% of the way to having a tradeable strategy.
Some of my strategies did really well this week. I found some good intra day trends and scalp plays. However my statistical-based position trades got worked over and over by, I assume, options expiration related activity. The last hour of the day today was particularly brutal.
Not a great open, but was still +$5k by mid afternoon, then the games started with the imbalance and I had a bunch of positions on the wrong side. Dropped $10k in the last 90 minutes!
-$6597 net on 296,000 shares
Realize that most of those are not 'jobs'. They're basically brokers where you put up money and they charge you commissions.
By asking for a resume, they hope to sound high falutin', but really all you need is cash and a pulse and you're 'hired'.
Ummm.... you might want to reconsider that statement until you've done, oh, say 100 times more trades.
If you're penniless, unemployed and have a huge hole in your resume, that grocery store job might look pretty good. Especially since the clerk will probably already be promoted to cashier...