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This is why I think most are better off starting with prop shops. I think they are more likely to give a piker a chance. This is also a good way to get track record with larger amounts of money, plus it's OPM. Any opinions on this?

Hopefully he clears it up himself, but below suggests to me a scaling in approach. That's not adding to losers or winners. That's saying I want to be in a full position somewhere in that area with average price range around X +/-Y. If that area doesn't hold, I am out. It's just different from...

I may have missed it, but I don't remember anyone explaining/suggesting how to get funding without explaining what the strategy is. I don't believe people who are looking for funding (relatively small amounts) can enforce any NDAs. So my question is - let's say you have a strategy but you don't...

Yes I think it's mostly semantics but averaging down has bad connotation. To me, scaling in means you have decided ahead of time where an how much. Averaging down sounds like - sh*t I'm early but let me work the trade.

I don't get it. What framework? He is trading the charts within the overall context. Are you saying this doesn't work because charts don't work?

Can you please use "scaling in" instead? What rules do you have for doing this? Why not? You mean manual trading?

I agree with this. The only exception is if your entries have very high probabilities, but these are very hard to find.

Theoretically speaking of course, how would that work in practice? Would someone offer the guy to trade his sub-account like @traderjo?

Common, $800 to $100k is poor risk management!? Many top traders mention that they made their initial stake by being super aggressive but then tone it down. I'm not saying this guy is a genius(not even talking about anyone specific), but being able to go big at the right moment is a...

Who said that it needs to be complicated!? You see stock go porabillic and say - hey let me put 1% of my profits on this. Hm, I just made crazy money with this, let me roll some of that into another play. You are not averaging losers, but pressing your "lucky" winning streak. All I'm saying is...

Do you seriously think that he never traded options before and made the money purely by luck playing two different instruments? "Soros has tought me, noted Druckenmiller, that when you have teremedous conviction on a trade, you have to go for the jugular. It takes courage to be a pig. It takes...

No, because there's no such thing as best exit. Many times it's best to never exit. Many people use entry signal in the opposite direction of your current position to exit. Sell your entries instead :)

Hold on a sec ... He made some money and then used the winnings to press his "luck." That sounds like good trading to me. We don't know if the initial money were also markets' money. "But instead of walking away with his winnings (a roughly 6,500% gain), Choi embraced "WallStreetBets" "YOLO"...

Ok, this guy is taking liquidity on fast moving illiquid stocks ... Let's see what he finds. My prediction he will not be able to trade his strategy as effectively. However, he used to trade from Italy and did just fine.

Hey, you had a nice journal going, did you give up on it?

Maybe someone has access to their FDD? https://fddexchange.com/membership-levels/membership-checkout/?level=1

@jnbadger, learned something new ... more "stupid" questions welcomed!

Wouldn't the traders be able to do whatever they want directly via TWS?

Candles always lag DOM because candles are based on trades while Dom is showing bids and asks. So in a way, yes it will "detect" (or rather predict) it. For example, last trade was at 100.00 and dom is 99.99 x 100.00. You are watching DOM and notice that it just moved to 99.95 x 99.97 ... Can...

I think it will be very useful! I wouldn't be surprised if Pro is not much better than Lite when SMART is used. Please share your findings.