Desperately in need of major help

0

05chenchi

What i need to know:
I need advice on where to go, what company to look for, or any advice will be appreciated!!!

My Record:
I have been trading on my own account since 2007. Lost about 6k in 2007 and up in the positive in 2008. I started with about 10k in April 2008 and end up with about 20k in April 2009 (100.41% return). From 2009 to 2010 wasn't so great about 30% rate of return from the initial capital. From 2010 till now, i lost about 10%. (i dont' usually leave positions overnight )

What i trade:
I trade mostly commodities ETF, mainly in Oil, gold and natural gas.

Where i am located:
Toronto,Ontario, Canada

If you need further questions to help me, please contact me @ sleepyhead_49@hotmail.com (yes this is a funny e-mail from grade 4 but i am still using it)
 
Greatly appreciated if you can give me your opinions and i am not afraid of negative comments!

WHAT I NEED HELP/ADVICE -
I need advice on what to do, what companies are available for me, or any advices are greatly appreciated
I want to know what i can do with my current situations

MY RECORD -
Started in 2007 - lost 6k in 3 month (got discouraged, didn't restart until April 2008)
April 2008 to April 2009 - with captial of 10k to around 20k (brokerage account gave 100.41% rate of return)
April 2009 to April 2010 - with captial of 10k (paid off my tuition load) 30% return
April 2010 to April 2011 - lost 10%
(usually with no positions overnight)
Brokerage is Credential Direct, i paid $20/ trade for first 3 month then $10 thereafter

WHAT I TRADE -
I trade mainly in the commodities, ETFs, mostly in Oil, Gold, and Gas

PERSONAL SITUATION -
I have recently graduated, 24 years old, no loans (paid off XD), can go without salary for as long as 6 month
Had many jobs in the area of sales, admin, call centre

LOCATION -
I am currently in Toronto, Ontario, Canada
I would prefer staying in Toronto if possible
 
I would agree with previous comment unless you are trading really high volume and need the low rates or do not have the cash yourself a trading firm is not where you need to be. If you are going to be trading high volume that is a different story as the rates at most places would kill you
 
Problem i am encountering:

1. Brokerage is taking between 6% to 10% of what i earn

2. I need 100k or more. I am to a point where i know what to trade but just didn`t have enough capital to do so. I saw many oppourtunities but had to let it go.

3. I am a person that likes to learn so maybe i can learn something from other traders


Please advice a good firm to join in Toronto

Post here or e-mail me directly @ sleepyhead_49@hotmail.com


Thanks
 
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