Anyone heard of HLV Trading?

[downtickboy]

Quote from daytraderpete:



downtick,
You are right, there are plenty of prop houses out there with ads.......... and they all will hire anyone with a heartbeat and 5k.
At this stage of my trading career (over 3 yrs), thats not the environment I want to be in, I've been there already.

I completely understand the point you are trying to make, and I appreciate your response. I am at the point in my trading where costs and leverage are not my main focus , as would be the case for newbies. I am a consistent trader and want to expand my opportunities by being around other successful traders

So I guess to answer your question, I believe in the MASTER MIND, as taught by Napoleon Hill, of whom I am a huge student. If all things were equal (costs, etc.), I feel I am choosing to be in a successful environment, where I can develop a profitable rapport with the other traders, instead of sitting next to a new face every 3 months.

Thanks again for writing.
DTP

Good answer. There is something definitely to be said for being in an office where people are consistently making money. Although in a lot of ways trading is an individual sport, but if a trader choses to be in an office with other traders (which is what I prefer) I think in a lot of ways a good office environment with other successful traders can greatly improve your results. For instance if you have a bad day and the guy next to you made 3K then it gets hard to fall into the trap of blaming your loss on the market conditions. It keeps you focused on what you did wrong. So I take it their interview process is more to control their trading environment rather then just adding any traders with 5K to their name to the group. Good luck with your new venture if you decide to go that way.