Search results

  1. wrbtrader

    Any advice for a soon to be full-time trader?

    Hopefully you'll be able to keep away the stressful aspect of trading full-time or part-time via knowing you you have employment if/when you run into problems in your trading especially in current market conditions. 6 months of savings is not good enough (1 year minimum) but your backup plan...
  2. wrbtrader

    Any advice for a soon to be full-time trader?

    Why not trade on your vacation days or saved up sick days ? You must be getting at least 2 - 3 weeks of vacation per year by now...what was your trade results than on that 15k small account ? Also, you mentioned that you "could" go back to your old job. Does that imply you're like on a leave...
  3. wrbtrader

    If you had a prop firm, how would you develop traders?

    It starts with a better vetting process than what you're currently using to identified traders suitable for your funding. Also, you do not say anything about the funding amount and if they're still working their other jobs. If they do not have other jobs...you paying their bills (living...
  4. wrbtrader

    Is it possible to be a lazy , set and forget trader?

    You do realize you can test this without needing to ask a forum if it will work. :D Also, what to you mean by "not allowed" ? Its as if you're saying you're going to be banned, arrested or fined. It's impossible to forget because you know you made the trade and you know you placed a stop...
  5. wrbtrader

    Correlation algos on index futures trading - question

    Maybe someone in the algorithmic trading section can answer your question @ https://www.elitetrader.com/et/forums/automated-trading.48/ wrbtrader
  6. wrbtrader

    I use Fidelity Active Trader Pro Platform and I feel Like I am living in the Stone Age!

    Use a broker that specializes in investments, pensions, retirement just for that. Use another broker that specializes in active trading just for that. Thus, you should have two different brokers...one for investing and the other for active trading. In fact, I will go as far to say that you...
  7. wrbtrader

    How to file taxes without showing your strategy to you tax accountant ?

    Having a trading plan and a trade strategy are two different things. A trade strategy is part of your trading plan. Look at it like this...a trading plan is like a business plan but to get classified as a trader by your government involves your activity. Assuming you're in the U.S., you can...
  8. wrbtrader

    Live MES DOM Trading

    Yes, I remember you explaining the lag and I have been aware of such for many years now. Yet, I've been misinformed many years ago that the lag was only in milliseconds...not seconds. :D Also, I speak French and another language but not openly at this English speaking forum because of past...
  9. wrbtrader

    Live MES DOM Trading

    Thanks wrbtrader
  10. wrbtrader

    Live MES DOM Trading

    Yes, I find it useful to see a list of positions that were open during the trading day and closed along with an current positions still open with the time of entry. I didn't know what the use of that power meter (lower right corner) considering I don't know what trade execution platform you're...
  11. wrbtrader

    Live MES DOM Trading

    Right...but when you showed your chart (meant your DOM in my prior message)...you also showed your trades (profit/loss info). Now you only show the DOM of the mention trading instruments...no profit/loss info and no open/closed position info. I've attached an image to show what you use to show...
  12. wrbtrader

    A message to some day traders.

    You know what happens to people that does such on social media while using their real names ? Their bosses, those that pays them an income or those that gives them a title...gets complaints about their social media postings. It then results in the person being discipline, fired or forced to...
  13. wrbtrader

    Live MES DOM Trading

    Souilh, I've notice that your live trading now only shows just the DOM ladders of ES, FDAX, FESX and a few others. You no longer show your chart of MES and Open/Close positions. You're testing something right now or stopped trading ? wrbtrader
  14. wrbtrader

    A message to some day traders.

    There are contradictions but you're not able to see them. I've decided to leave you in that box where you've put yourself within. Its not my responsibility to help you in that department. You seem like a smart guy, go back and re-read your messages very carefully from the beginning...I...
  15. wrbtrader

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    What I'm trying to understand is that when you're trading via your laptop (one screen) and you have the 1, 5, 15, 30 min charts open at the same time along with your broker trade execution platform... Do you then maximize that 5min chart to full screen (to see the playing field better) and then...
  16. wrbtrader

    A message to some day traders.

    Bingo...I see too many contradictions in his story too as if he's getting lost in his own debates. People that have contradictions like that...they're just arguing just to argue. He doesn't even realize that some he's been consistently debating with do in fact hedge and say they have a...
  17. wrbtrader

    A message to some day traders.

    Its seems like you're implying that a trader that's using technical analysis with hedging will outperform a trader that's using technical analysis alone without any hedging. wrbtrader
  18. wrbtrader

    A message to some day traders.

    Some of the traders I've seen you debate with in this thread are not just daytraders...they in fact invest as a hedge or they've hedge a daytrade with a swingtrade. You're saying these particular traders have removed luck from the daytrading or removed luck from their swingtrade or removed luck...
  19. wrbtrader

    Techniques for Day Trading the ES, NQ, YM, MES, MNQ, and MYM

    volpri, Do you use a multiple monitor configuration when you trade or just one single monitor ? If a multiple monitor setup...how many monitors ? wrbtrader
  20. wrbtrader

    Will Quantum Computing Change Day-Trading for Users of Technical Analysis?

    The problem is that Wall Street firms will have access to it for a long time prior to it becoming available to the mom & pop trader. Actually, I believe research/universities, military, pharmaceuticals, medicine and other sciences will have access to it prior to the consumer...similar to when...
Back
Top