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hi... I work for a prop firm...its in india so i m not really aware about the situation in the US. ALthough in my firm YES u can get fired... even the best traders can... I made quite a bit of money for almost 4 quarters and now i m down just about 10% of the money that i had made... n m...

I consider the market to be trending on a particular day..when the market follows a particular overall direction and it does not have difficulty breaking the supports or resistances (whichever applicable) in following that direction.

thanks so much prof... thats what i have done... reduced my clip to 1...i trade eurodollar futures so cant b selective in shares but ya m trying to play safe n defensive but u know how it is in prop firms...leaves r also an issue... thanks a lot

hi all.. this is my first thread n m not yet acquainted with the site but i'll b highly obliged if i get some responses.. So here goes... I've been trading for a prop firm for the past 2 yrs n 2 months and as expected i've been through a rough ride... Though in this short journey of...

hi all.. I work for a prop firm n my manager told a fellow trader that he got lucky in making money (for 2 yrs). he was just buying low n selling high. Firstly i dont understand how anyone can consistently get lucky... and is there anything like buying at low n selling at high (basically...