Live Daytrading

[mr_byte31]

That would be a mentor wouldn't it be? Who is going to be a mentor and how much is the mentor going to charge for his time? That is if he takes you at all! After all, he is giving you everything including, his own trading systems? As a student, how much are you willing to pay?

There are people who do it for free. check tradnet on youtube !

 

[mr_byte31]

What`s wron with the one you`ve found?What`s wrong with the delayed quotes?

Scam used delayed demo account to put their orders while watching the real price over another screen.
they can see the price will go up sharp on the live account and then put the orders on the demo delayed account and if you see the logs of the demo account you will think he is the best trader in the world !

 

[mr_byte31]

mr_byte31,

IMO you learn nothing by mimicking others traders. You need to learn a process that works for you.

Bob

I don't mimick.
I watch how he evaluate the situation. how he go over his stress.
what is his rules when he has big winner.
what is his rules when he has a big loser !
that is another phase of learning.
People who mimick other traders are big losers !

 

[mr_byte31]

I'm looking for a beautiful woman, young, tall, sexy body and dresses nice. Not too difficult, will love me for me, and will go out with me without me having to buy her anything.

If you know any women like this, please let me know.

seems like you are ironic and don't want to support people who are willing to learn.
please refer to my last post to get my point !

 

[vinc]

seems like you are ironic and don't want to support people who are willing to learn.
please refer to my last post to get my point !

'don't want to support people who are willing to learn' - this phrase stinks big time! suppose The Russians are willing to learn the American defence system.. the mere 'willingness to learn' creates no value for exchange..go tell J.Simons you're WILLING to learn his trading trategies! )
you can use this phrase to a teacher or to your employer but in the trading field it's out of bounds imo..in other words you want my methods to kill me)

 

[mr_byte31]

'don't want to support people who are willing to learn' - this phrase stinks big time! suppose The Russians are willing to learn the American defence system.. the mere 'willingness to learn' creates no value for exchange..go tell J.Simons you're WILLING to learn his trading trategies! )
you can use this phrase to a teacher or to your employer but in the trading field it's out of bounds imo..in other words you want my methods to kill me)

Don't judge others !

 

[Peter10]

Wow, I never knew that my demo accounts were delayed-data-feeds by 15 minutes. No WONDER my years of study have been a waste! *smacks forehead, could have had a V8*

thinkorswim not delayed, only the quotes are, the charts are in real time, and stimulated trades are net in realtime.

 

[mr_byte31]

thinkorswim not delayed, only the quotes are, the charts are in real time, and stimulated trades are net in realtime.

Thinkorswim provides you with a setting under the username and password to switch between realtime and demo account.
the demo is 15 mins delayed ! I tested that long time ago

 

[smallfil]

There are people who do it for free. check tradnet on youtube !

If he is doing it for free then, why don't you avail of his services?

 

[smallfil]

What a pain in the arse to even try to train anyone to trade real time, they constantly asking questions while you trying to concentrate, you are missing signals, missing to get out or reverse. They forget most of what you keep telling them hundred times, they don't study enough, they go to parties to "unwind"? They keep telling you what they think I should do and you have a losing trade, they say never would have taken it, but don't say jack when you hit a dozen in a row of no losses. And whatever they can pay, most likely make in less than a day. Unless the poor sap mentor is a masochist and enjoys pain, the student is going to have to watch him a fricking year and sit next to mentor just watching.

Mentor can show direction, and the student should spend time on proving the directions to be wrong or right for them, but you still need to do the screen hours. And it you think you can just start programming without knowing charting well, you have a long losing road to walk, I think it best you manually able to trade then program.

Maybe most or few at some point of their career have a need to teach someone live, unless you have insane amount of patience and only trading few contracts and don't take many signals, could work out.

I tried to train or mentor a friend who was a doctor. Despite, having a trading plan, trading log, entries, exits, risk management, etc. Everything needed to succeed, she managed to lose $1,000,000 in the stockmarket. That is not a typo. She totally ignored risk management, took too big of positions, traded against the trend, refused to cut losses, did not want to maintain a trading log so, had no way of monitoring her own trading. She put on trades on her own and managed to win one time on sheer luck! Other times, she just lost her monies. I even shared my trades with her. If we had 10 trades, she would pick one or two and just trade those and most times get the losers! I have a 40% win rate but, win size is twice the loss size which should be enough to have an edge. I tell her picking and choosing instead, of taking all 10 trades makes no sense! Been there and done that! No way would I train anyone again because it is so much of a headache!